Profit and Loss Practice Question and Answer
8 Q: A man has 60 pens. He sells some of these at a profit of 12 % and the rest at 8 % loss. On the whole, he gets a profit 11 %. How many pens were sold at 12 % profit.
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Answer : 4. "57"
Q: Ratio of CP and SP is 12:13, then the profit percent is?
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6019060c6d6bae40a6361ab4- 18.33%true
- 212.5%false
- 37.82%false
- 49.4%false
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Answer : 1. "8.33%"
Q: Selling price of an article is of cost price. What is the profit percentage?
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5eb94f8064cb07648b62f9f5- 1false
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- 320%false
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Answer : 4. " "
Q: Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18,000. What is the Sarita’s share in the profit?
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605c58b03af5ff63fd6b47eb- 19000false
- 28000false
- 312000false
- 410000true
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Answer : 4. "10000"
Q: If a shopkeeper bought 70 kg of potatoes for Rs 420 and sold the entire purchase at the rate of 6.50 per kg, what was his profit percentage?
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5fb39f7206649f682b909ba7- 1true
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Answer : 1. " "
Q: A sells to B an iron box at 10% profit. B sells it to C for 20% profit. If C pays Rs. 528 then then the cost price of A is
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60068accda571525629f5e74- 1400true
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Answer : 1. "400"
Q: The cost price of item B is Rs. 150/- more than the cost price of item A. Item A was sold at a profit of 10% and item B was sold at a loss of 20%. If the respective ratio of selling prices of items A and B is 11 : 12, what is the cost price of item B?
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61cdbab5edcf9307082e58bb- 1Rs. 450/-true
- 2Rs. 420/-false
- 3Rs. 400/-false
- 4Rs. 350/-false
- 5Rs. 480/-false
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Answer : 1. "Rs. 450/-"
Q: By selling an article for Rs. 700 a man lost 30 %. At what price should he have sold it to gain 30%?
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5dcb847345ad6b59c82cf7a7- 1Rs . 910false
- 2Rs . 1200false
- 3Rs . 1232false
- 4Rs . 1300true
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