profit and loss practice 4

Q1. An item is sold for Rs. 1,050 resulting in a 25% profit. If the shopkeeper wants to sell it at a profit of 30% after giving a discount of 20%, find the price at which the shopkeeper should mark the product.
a. Rs. 150
b. Rs. 1,240
c. Rs. 1,325
d. Rs. 1,365

Q2. Rama bought a micro oven and paid 10% less than the original price. He sold it with 30% profit on the price he had paid. What percentage of profit did Rama earn on the original price?
a. 17%
b. 20%
c. 27%
d. 32%

Q3. The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling price is
a. 51 : 52
b. 52 : 53
c. 51 : 53
d. 52 : 55

Q4. Rama had a stock of goods worth Rs.50,000. He sold 10% of the goods at 15% profit and 40% of the goods at 10% profit. 25% of the goods were damaged by fire and the remaining goods were sold back to manufacturing company at a loss of 10%. What is the total profit/loss earned by Rama?
a. Rs. 11,000 loss
b. Rs. 875 profit
c. Rs. 12,500 profit
d. Rs. 500 loss

Q5. By Selling 60meters of cloth, a merchant gains the selling price of 10 meters, the gain percentage is
a. 25%
b. 20%
c. 15%
d. 16.66%

Q6. A milk vendor purchases milk at the rate of Rs. 8 per liter. He mixes one-fourth liter of water for every liter of milk. Find his profit percentage if he sells the diluted milk at Rs. 10 per liter.
a. 50%
b. 75%
c. 66.66%
d. 56.25%

Q7. An article was sold for Rs. 144. If the percentage of profit was numerically equal to the cost price, the cost of the article was :
a. Rs. 72
b. Rs. 80
c. Rs. 90
d. Rs. 100

Q8. A man sells two commodities for Rs. 4000 each, neither losing nor gaining in the deal. If he sold one commodity at a gaining in the deal. If he sold one commodity at a gain of 25%, the other commodity is sold at a loss of
a.  16.66%
b. 18. 22%
c.  25%
d. None of these
 


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n/a

ans

Q2. Rama bought a micro oven and paid 10% less than the original price. He sold it with 30% profit on the price he had paid. What percentage of profit did Rama earn on the original price?
a. 17%
b. 20%
c. 27%
d. 32%

ans is 17%

Little Star

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n/a

ans

Q1. An item is sold for Rs. 1,050 resulting in a 25% profit. If the shopkeeper wants to sell it at a profit of 30% after giving a discount of 20%, find the price at which the shopkeeper should mark the product.
a. Rs. 150
b. Rs. 1,240
c. Rs. 1,325
d. Rs. 1,365

ans is 1365

Little Star

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n/a

ans

Q7. An article was sold for Rs. 144. If the percentage of profit was numerically equal to the cost price, the cost of the article was :
a. Rs. 72
b. Rs. 80
c. Rs. 90
d. Rs. 100

ans is 80

Little Star

__________________

n/a

ans

Q8. A man sells two commodities for Rs. 4000 each, neither losing nor gaining in the deal. If he sold one commodity at a gaining in the deal. If he sold one commodity at a gain of 25%, the other commodity is sold at a loss of
a.  16.66%
b. 18. 22%
c.  25%
d. None of these
 

ans is 16.67%

Little Star

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n/a

Q3 answer

Its very simple

1.04/1.03 muliplyin by 50

52/53 i. e b is the answer

Q3 answer

Its very simple

1.04/1.03 muliplyin by 50

52/53 i. e b is the answer

ans

Q4. Rama had a stock of goods worth Rs.50,000. He sold 10% of the goods at 15% profit and 40% of the goods at 10% profit. 25% of the goods were damaged by fire and the remaining goods were sold back to manufacturing company at a loss of 10%. What is the total profit/loss earned by Rama?
a. Rs. 11,000 loss
b. Rs. 875 profit
c. Rs. 12,500 profit
d. Rs. 500 loss

ans is 11000 loss

Little Star

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n/a

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