Profit and Loss Practice Question and Answer
8 Q: A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs.is
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5f6d8bdfff25c92a085a9596- 120false
- 216true
- 325false
- 430false
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Answer : 2. "16"
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?
871 05f6d8a7df9079a64e3bf076b
5f6d8a7df9079a64e3bf076b- 130 %false
- 237.5 %true
- 325 %false
- 433.33 %false
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Answer : 2. "37.5 %"
Q: A scooter was purchased for Rs 30,000 and Rs 3,000 was spent to repair it. It was sold for Rs 39,600. What was the profit percentage?
1134 05f6d86d1f9079a64e3bed9f3
5f6d86d1f9079a64e3bed9f3- 115false
- 220true
- 325false
- 410false
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Answer : 2. "20"
Q: The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent.
992 05f6329e9167e402436a6635c
5f6329e9167e402436a6635c- 1$$ {9}{1\over 11}\%$$false
- 2$$ {10}{1\over 11}\%$$false
- 3$$ {11}{1\over 9}\%$$true
- 4$$ {12}{1\over 0}\%$$false
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Answer : 3. "$$ {11}{1\over 9}\%$$"
Q: A shopkeeper sells a watch set on discount of 8% of printed price and gain 25 %. If marked price was Rs. 20,000 then, what was the cost price?
962 15f5af5d1dc518b408a4158e4
5f5af5d1dc518b408a4158e4- 1Rs. 13,800false
- 2Rs. 14,720true
- 3Rs. 14, 800false
- 4Rs. 13, 720false
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Answer : 2. "Rs. 14,720"
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: A man sells a table at 12 % loss and a book at 19% profit then he earns Rs. 160 as profit. But if he sells the table at 12 % profit and the book at 16% loss then he bears a loss of Rs. 40. Find the price of one book?
3746 05f5af7384d383e58c6b6cf54
5f5af7384d383e58c6b6cf54- 1Rs. 4200false
- 2Rs. 4100false
- 3Rs. 4300false
- 4Rs. 4000true
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Answer : 4. "Rs. 4000"
Q: A person bought two watches for Rs. 480. He sold one at a loss of 15% and the other at a profit of 19% and he found that each watch was sold at the same price. Find the cost price of the two watches.
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5f4f635b82a7582d892bd1e2- 1Rs. 280, Rs. 200true
- 2Rs. 250, Rs. 280false
- 3Rs. 380, Rs. 300false
- 4Rs. 350, Rs. 450false
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