Profit and Loss Practice Question and Answer
8 Q: The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain per- cent will be
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Answer : 1. "17 %"
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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Answer : 3. "20%"
Q: A shopkeeper charges his customers 15% above the cost price, if a customer has bought a sofa-set for 9039, then for how much did the shopkeeper buy it?
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Answer : 3. "7860 "
Q: A dealer sold an article at a loss of 2%. Had he sold it for ₹44 more, he would have gained 20%. Find the cost price of the article.
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- 2₹300false
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Answer : 4. "₹200"
Q: By selling an article for Rs. 600 there is a profit of 20%. What is the cost price of the article?
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Answer : 4. "500"
Q: The selling price and the cost price of an article are ₹6,000 and ₹5,000, respectively. What is the profit percentage?
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Answer : 3. "20%"
Q: An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
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Answer : 2. "8%"
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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