Profit and Loss Practice Question and Answer
8 4 4 4 Answer : 2. "25%"
4 4 Answer : 2. "Rs. 60"
4 4 4
Q: On selling 36 oranges one incurs a loss equal to selling Price of 4 oranges. What will be the loss%? 1910 05d133058925caa2d5bbbff6b
5d133058925caa2d5bbbff6b- 110%true
- 234%false
- 313%false
- 414%false
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Answer : 1. "10%"
Q: A person sells two objects in Rs 5000 each. He sells one for 20% profit and another for 20% loss. Find his total profit or loss percent in the whole transaction. 4708 05d13414c40daee3c552fcb44
5d13414c40daee3c552fcb44- 14 % profitfalse
- 24% Losstrue
- 320% Profitfalse
- 4No Profit and Lossfalse
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Answer : 2. "4% Loss"
Q: A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, is: 4503 65b5cc7d7e4d2b4197775151f
5b5cc7d7e4d2b4197775151f- 120%false
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- 333.33%false
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Answer : 2. "25%"
Explanation :
Answer: B) 25% Explanation: When the water is freely available and all the water is sold at the price of the milk, then the water gives the profit on the cost of 20 litres of milk. Since, the profit % = ProfitCostPricex100 Therefore, profit percentage = 520x100 = 25%
Q: A shopkeeper earns a profit equal to the cost price of 15 meter by selling 45 meter cloth. Find the profit percent? 1878 05d13365fd2441c3c5ff90a30
5d13365fd2441c3c5ff90a30- 133%false
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- 3$$ 33 {1 \over 3} $$true
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Answer : 3. "$$ 33 {1 \over 3} $$"
Q: On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ? 1611 05b5cc74fe4d2b4197774fb3a
5b5cc74fe4d2b4197774fb3a- 1Rs. 55false
- 2Rs. 60true
- 3Rs. 65false
- 4Rs. 70false
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Answer : 2. "Rs. 60"
Explanation :
Answer: B) Rs. 60 Explanation: Let the cost price of a ball is Rs.xGiven, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ballsThe equation is :17x - 720 = 5xSolving the equation we get x = 60Therefore, cost price of a ball is Rs. 60.
Q: A watch sold for Rs.1440 at 10 % loss, at what price it should be sold so as to earn 15% profit. 3693 05d131eee925caa2d5bbbff39
5d131eee925caa2d5bbbff39- 11820false
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Answer : 3. "1840"
Q: Pratap bought a radio at a discount of 25% on the real price. He got 40 Rs more, when he sold it at 140 percent of the cost price. Find the the price at which Pratap bought the radio? 3453 05d132bb809a40f38019e53b0
5d132bb809a40f38019e53b0- 1800false
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Answer : 4. "600"
Q: A fruit seller buys lemons two for Rs 1 and sells at 5 for Rs 3 rate. Find his profit percent. 1358 05d133acf40daee3c552fcb1a
5d133acf40daee3c552fcb1a- 110false
- 215false
- 320true
- 425false
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Answer : 3. "20 "
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