Profit and Loss Questions Practice Question and Answer
8 Q: A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?
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60bf588b5d840673873efeb8- 1₹4true
- 2₹2false
- 3₹1false
- 4₹3false
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Answer : 1. "₹4"
Q: By selling 25 m of cloth a man gains the selling price of 5 m of cloth. Find the gain percent?
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5ec71f119d324637e76c0591- 125 %true
- 220 %false
- 330 %false
- 422 %false
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Answer : 1. "25 %"
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: The price of jewelry , passing through three hands. rises on the whole by 65 %. If the first and the second sellers earned 20 % and 25 % profit respectively, the profit earned by the third seller is
881 05efc6bffeb90be58c590074b
5efc6bffeb90be58c590074b- 110%true
- 25%false
- 320%false
- 415%false
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Answer : 1. "10% "
Q: A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs. 225 for it, what was the cost price of A?
879 05f5af6da69ed13038c19cc99
5f5af6da69ed13038c19cc99- 1Rs. 100false
- 2Rs. 125false
- 3Rs. 150true
- 4Rs. 175false
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Answer : 3. "Rs. 150"
Q: On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -
878 06024eaee835ee17373904d25
6024eaee835ee17373904d25- 1Rs.267.50false
- 2Rs.290.80false
- 3Rs.293.32true
- 4Rs.296.84false
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Answer : 3. "Rs.293.32"
Q: The selling price of the product was equal to 50% of its cost price. Two gradual discounts were offered on the product. If the first discount was 20%, then what was the second discount?
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5f6d8a7df9079a64e3bf076b- 130 %false
- 237.5 %true
- 325 %false
- 433.33 %false
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Answer : 2. "37.5 %"
Q: A book seller sells a book at a profit of 10 %. If he had bought it at 4 % less and sold it for Rs. 6 more. he would have gained $$18{3\over4}\%$$. The cost price of the book is
869 05efc73df196e681f76ead763
5efc73df196e681f76ead763- 1Rs . 150true
- 2Rs . 160false
- 3Rs. 130false
- 4Rs. 140false
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