Profit and Loss Questions Practice Question and Answer
8 Q: A Microwave oven is sold in Hyderabad for Rs.M. A retailer, Elahi from Hyderabad went to Madras and bought it for 25% less (when compared to the price in Hyderabad). He spends Rs.1,000 on transport to bring it from Madras to Hyderabad. He sold it in Hyderabad for Rs.M making a profit of 10%. Find the value of M (in Rs.).
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647f3858e72c4684a1e26e61- 16,285.7true
- 26,258.8false
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Answer : 1. "6,285.7 "
Q: The ratio of the cost price and selling price of an article is 10 : 11. The gain per cent is:
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647f343362f8ada0354d5241- 15%false
- 215%false
- 310%true
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Answer : 3. "10%"
Q: A sold a mobile phone to B at a gain of 25% and B sold it to C at a loss of 10%. If C paid ₹5,625 for it, how much did A pay (in ₹) for the phone?
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6479be5df4063d472f1a86a9- 15,100false
- 25,000true
- 34,500false
- 44,800false
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Answer : 2. "5,000"
Q: The profit earned by selling an article for ₹832 is equal to the loss incurred when the article is sold for ₹448. What will be the selling price of the article if it is sold at a ₹10%, loss?
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6479d594bf323e479a8002bb- 1₹576true
- 2₹540false
- 3₹625false
- 4₹640false
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Answer : 1. "₹576 "
Q: A woman buys a watch for Rs. 4,000 and sells it at a loss of 13%. What is the selling price of the watch?
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644faa52f3618908bf548c23- 1Rs.3,480true
- 2Rs.3,500false
- 3Rs.3,840false
- 4Rs.3,620false
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Answer : 1. "Rs.3,480"
Q: The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?
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64479811cd6ea382cf821e76- 1₹3,450true
- 2₹3,350false
- 3₹3,300false
- 4₹3,400false
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Answer : 1. "₹3,450"
Q: A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is:
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644271a96db4aa24292a8275- 124%false
- 236%false
- 320%true
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Answer : 3. "20%"
Q: There is a profit of 10% when an item is sold at of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
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643d1d391ce944a93ea9385b- 128%false
- 232%true
- 326%false
- 430%false
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