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Profit and Loss
Question 1
A product is sold at two consecutive discounts of 30% and subsequently 40%. If the product is sold for 1500, what is the marked price on product?
- A
3500
- B
3600
- C
3550
- D
3571
Question 2
Peter buys a bag at the price of Rs 27.50. After some days, he sells it at the price of Rs 28.90. What is the percentage of his gain?
- A
7.19%
- B
5.09%
- C
5.55%
- D
6.09%
Question 3
Sam purchases a book at Rs 490 and sells it at Rs 465.50. What is the percentage of his loss?
- A
6%
- B
10%
- C
5%
- D
4%
Question 4
A bookseller gains a profit of 10% after selling a book at the price of Rs 27.50. If it is sold at the price of Rs 25.75, find out the percentage of loss or profit on the book.
- A
Profit 3%
- B
Loss 4%
- C
Profit 5%
- D
Loss 2%
Question 5
A shopkeeper sells an article at the price of Rs 1140 and incurs a loss of 5% on it. For him to gain a profit of 5% on the same article, at what price should the article be sold?
- A
Rs 1200
- B
Rs 1250
- C
Rs 1260
- D
Rs 1245
Question 6
After selling 33 meters of a cloth, a shopkeeper makes a gain equal to the selling price of 11 meters of the cloth. What is the percentage of his gain?
- A
50%
- B
45%
- C
60%
- D
55%
Question 7
For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is marked price.
- A
480
- B
500
- C
520
- D
600
Question 8
For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. How much profit shopkeeper earns?
- A
Rs 40
- B
Rs 50
- C
Rs 60
- D
Rs 30
Question 9
Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is selling price of the shirt?
- A
450
- B
430
- C
420
- D
460
Question 10
Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. How discount % shopkeeper offered on the shirt?
- A
10.60 %
- B
10.20 %
- C
10.42 %
- D
10.48
There are 14 questions to complete.