Profit and Loss Questions Practice Question and Answer
8 Q: A wholesaler purchased 7 hair clips for a rupee. How many for a rupee must he sell to get profit of 40%?
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606d807d5fcabf6daf300ba3- 16false
- 25true
- 34false
- 43false
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Answer : 2. "5"
Q: If the cost of 1 dozen apples is Rs. 18, then the cost of 25 apples will be -
982 0638f395334f83f1472982f32
638f395334f83f1472982f32- 1Rs. 35.00false
- 2Rs. 25.00false
- 3Rs. 36.50false
- 4Rs. 37.50true
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Answer : 4. "Rs. 37.50 "
Q: A seller gives 15% discount on an item, if he marked up the price of item 40% above C.P and while selling he cheats the buyer by giving 10% less in weight. Find this overall profit percent (approximately).
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62f3888809a97851b6327359- 132%true
- 269%false
- 345%false
- 489%false
- 597%false
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Answer : 1. "32%"
Q: A person sold a horse with a profit of 15 percent. If he had bought it for 25 percent less and sold it for less than 60 rupees, he would have gained 32 percent. The purchase price of the horse was.
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5f76cc6853f6013e85c029f5- 1Rs.370false
- 2Rs.372false
- 3Rs.375true
- 4Rs.378false
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Answer : 3. "Rs.375"
Q: A shopkeeper gains 20 percent by giving a discount of 10 percent of the marked price of a toy. If he had given a discount of 20 percent, then what would be his profit percentage?
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5f9be27ad433054b5ca00be6- 1true
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- 310false
- 415false
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Answer : 1. " "
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:Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
What was amount of discount given?
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5df0b606004abe5c78f74f80An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
- 1Rs 319.6false
- 2Rs 303.6false
- 3Rs 306.3false
- 4Rs 313.6true
- 5Rs 316.9false
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Answer : 4. "Rs 313.6"
Q: On selling an article for Rs.240, a trader loss of 10%.In order to gain 10%, he must sell that article for -
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6024eaee835ee17373904d25- 1Rs.267.50false
- 2Rs.290.80false
- 3Rs.293.32true
- 4Rs.296.84false
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