Profit and Loss Questions Practice Question and Answer
8 Q: By selling an article for Rs. 450, I lose 20%. For what price should I sell it to gain 20% ?
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6246d9ec398e4a497b442d20- 1Rs. 470false
- 2Rs. 562.50false
- 3Rs. 490false
- 4Rs. 675true
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Answer : 4. "Rs. 675 "
Explanation :
Q: A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit?
1021 05dbab04312906e36bedde79c
5dbab04312906e36bedde79c- 1Rs.720true
- 2Rs.840false
- 3Rs.600false
- 4Rs . 750false
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Answer : 1. "Rs.720 "
Q: A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is-
1016 061161e5f56340c20700ab605
61161e5f56340c20700ab605- 122%false
- 220%true
- 318%false
- 415%false
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Answer : 2. "20%"
Explanation :
Q: A buys a water cooler at some price and sells it to B at 20% profit. B sells it to C at 10% profit. If C bought it for Rs 6666, then B's cost price is
1014 05f1e630e3b87486bfc534450
5f1e630e3b87486bfc534450- 15400false
- 26060true
- 35600false
- 46400false
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Answer : 2. "6060"
Q: A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
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5f0e77d5f4c8bf4bad00388d- 116 %false
- 223.0 %false
- 346 %false
- 430 %true
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Answer : 4. "30 % "
Q:Direction: A shopkeeper has some kg. rice of same price. He sold 150 kg. rice at 25 Rs. per kg. and earned a profit of 25%, another 180 kg. rice is sold at a profit of 20% and rest are sold at a loss of 10%. If the shopkeeper earns Rs. 1230 profit on all the rice that he has sold then answers the following question:
If the shopkeeper sells his all rice at a profit of 20%, find the new profit.
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5eb115a15a48d373519b9580- 1Rs. 1800true
- 2Rs. 2000false
- 3Rs. 1500false
- 4Rs. 1900false
- 5Rs. 2100false
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Answer : 1. "Rs. 1800 "
Q: Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Krishnan on the original price was
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6246ca90e6c50b4b29b7ed1d- 112%true
- 215%false
- 322%false
- 432%false
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Answer : 1. "12% "
Explanation :
Q: A merchant fixes the sale price of his goods at 15 % above the cost price. He sells his goods at 12 % less than the fixed price. His percentage of profit is:
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5efc6ebeeb90be58c5901730- 1
- 2
- 3false
- 42false
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