The Following Section consists of Multiple Choice Questions on Profit and Loss.
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Profit and Loss
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Question 1 of 20
1. Question
1 pointsThe cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
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Question 2 of 20
2. Question
1 pointsIn a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
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Question 3 of 20
3. Question
1 pointsA vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
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Question 4 of 20
4. Question
1 pointsThe percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
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Question 5 of 20
5. Question
1 pointsA shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
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Question 6 of 20
6. Question
1 pointsA man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
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Question 7 of 20
7. Question
1 pointsSam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
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Question 8 of 20
8. Question
1 pointsOn 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
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Question 9 of 20
9. Question
1 pointsWhen a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
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Question 10 of 20
10. Question
1 pointsA trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
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Question 11 of 20
11. Question
1 pointsBy mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:
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Question 12 of 20
12. Question
1 pointsA fruit seller purchases oranges at the rate of 3 for Rs 5 and selIs them at 2 for Rs 4. His profit in the transaction is:.
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Question 13 of 20
13. Question
1 pointsA man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20 %
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Question 14 of 20
14. Question
1 pointsA man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit percent is .
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Question 15 of 20
15. Question
1 pointsA horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss ot 20% and the cow nt gain ot 20% 1 he entire transaction resulted in.
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Question 16 of 20
16. Question
1 pointsCost of 3 cricket balls = cost of 2 pairs of leg pads. Cost of 3 pairs of leg pads = cost of 2 pairs of gloves. Cost of 3 pairs of gloves = cost of 2 cricket bats. If a cricket bat costs Rs 54, what is the cost of a cricket ball.
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Question 17 of 20
17. Question
1 pointsIf books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.
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Question 18 of 20
18. Question
1 pointsA retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is:.
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Question 19 of 20
19. Question
1 pointsIf the selling price of an article is times its cost price, the profit percent is:.
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Question 20 of 20
20. Question
1 pointsRaghu bought 4 dozen oranges at Rs 12 per dozen and 2 dozen oranges at Rs 16 per dozen. He soldthem all to earn 20% profit. At what price per dozen did he sell the oranges ?.
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Profit and Loss 2
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Question 1 of 20
1. Question
1 pointsThere would be 10% loss if a toy is sold at Rs 10.80 per piece. At what price should it be sold to earn a profit of 20%
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Question 2 of 20
2. Question
1 pointsA bought a ratio st and spent Rs 110 on its repairs. He then sold it to B at 20% profit,B sold it to C at a loss’ of 10 % and C sold it for Rs 1188 at a profit of 10 %. What is the amOunt for which A bought the radio set?
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Question 3 of 20
3. Question
1 pointsBhajan Singh purchased 120 reams of paper at Rs 80 per ream. He spent Rs 280 on transportation, paid octroi at the rate of 40 paise per ream and paid Rs 72 to the coolie. If he wants to have a gain of 8 %, what must be the selling price per ream?
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Question 4 of 20
4. Question
1 pointsGopal purchased 35 kg of rice at the rate of Rs 9.50 per kg and 30 kg at the rate of Rs i.Q.O per kg. He mixed the two. Approximately, at what price per kg should he sell the mixture to make 35 % profit in the transaction?.
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Question 5 of 20
5. Question
1 pointsIf the selling price of an article is times its cost price, the profit percent is:.
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Question 6 of 20
6. Question
1 pointsTwo mixers and one T.V. cost Rs. 7000, while two T.V.s and a mixer cost Rs, 9800. The value of one T.V. is:
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Question 7 of 20
7. Question
1 pointsA shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400.
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Question 8 of 20
8. Question
1 pointsRahim buys mangoes at the rate of 3 kg for Rs 21 and sells them at 5 kg for Rs 50. To earn Rs 102 as profit, he must sell
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Question 9 of 20
9. Question
1 pointsA man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy?
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Question 10 of 20
10. Question
1 pointsA producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is:
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Question 11 of 20
11. Question
1 pointsA man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20 %
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Question 12 of 20
12. Question
1 pointsAjay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction ?
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Question 13 of 20
13. Question
1 pointsA man sells two houses at the rate of Rs. 1.995 lakh each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction Is :
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Question 14 of 20
14. Question
1 pointsA shopkeeper bought an article for Rs 319.60. Approximately, at what price should he sell the article to make 25% profit?
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Question 15 of 20
15. Question
1 pointsVilcas bought paper sheets for Rs 7200 and spent Rs 200 on transport. Paying Rs 600, he had 330 boxes made, which he sold at Rs 28 each. His profit percentage is
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Question 16 of 20
16. Question
1 pointsIf the cost price of 12 tables is equal to the selling price of 16 tables, the loss percent is:
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Question 17 of 20
17. Question
1 pointsAn article when sold at a gain of 5% yields Rs 15 more than when sold at a loss of 5%. What is the C.P.
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Question 18 of 20
18. Question
1 pointsA man purchased a waten for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:
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Question 19 of 20
19. Question
1 pointsBy selling an article for Rs. 10. Then, the gain per cent is:
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Question 20 of 20
20. Question
1 pointsThere would be 10% loss if a toy is sold at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?
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Profit and Loss 3
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Question 1 of 20
1. Question
1 pointsWhat is the cost of an article which is sold at a loss of 25% for Rs. 150?
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Question 2 of 20
2. Question
1 pointsThe cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is:
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Question 3 of 20
3. Question
1 pointsBy selling a book for Rs. 10, the publisher loses (1/11) of what it costs him. His cost price is
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Question 4 of 20
4. Question
1 pointsA man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?
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Question 5 of 20
5. Question
1 pointsA truitseller buys lemons at 2 for a rupee and sells them at five for three rupees. His gain per cent is:
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Question 6 of 20
6. Question
1 pointsA shopkeeper mixes two varieties of tea, one costing Rs. 35 per kg and another at Rs. 45 per kg in the ratio 3:2 If he sells the mixed variety at Rs. 41.60 per kg, his gain or loss per cent is:
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Question 7 of 20
7. Question
1 pointsIf I purchased 11 books for Rs. 10 and sold all the books at the rate of 10 books for Rs. 11, the profit per cent is:
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Question 8 of 20
8. Question
1 pointsBy selling 36 oranges, a vendor loses the selling price of 4 oranges. His loss per cent is:
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Question 9 of 20
9. Question
1 pointsA man buys 10 articles for Rs. 8 and sells them at the rate of Rs. 1.25 per article. His gain is:
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Question 10 of 20
10. Question
1 pointsBy selling 8 dozen of pencils, a shopkeeper gains the selling price of 1 dozen pencils. His gain per cent is:
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Question 11 of 20
11. Question
1 pointsAloke bought 25 kg of rice at the rate of Rs. 6 per kg and 35 kg of rice at the rate of Rs. 7 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg. What was his gain or loss in the transaction?
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Question 12 of 20
12. Question
1 pointsIf the cost price of 15 tables of equal to the selling price of 20 tables the loss per cent is:
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Question 13 of 20
13. Question
1 pointsBy selling an article for Rs. 100, one loses Rs. 10. Then, the loss per cent is:
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Question 14 of 20
14. Question
1 pointsIf the selling price of 40 articles is equal to the C.P. of 50 articles, the loss of gain per cent is:
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Question 15 of 20
15. Question
1 pointsBy selling a watch for Rs. 1140, a man loses 50% in order to gain 5%, the watch must be sold for
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Question 16 of 20
16. Question
1 pointsA dealer professing to sell at cost price, uses a 900 gms weight for a kilogram. His gain per cent is:
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Question 17 of 20
17. Question
1 pointsBy selling an article for Rs. 141, a man loses of his outlay. By selling it for Rs. 168, his gain or loss per cent is:
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Question 18 of 20
18. Question
1 pointsToffees are bought at the rate of 8 for a rupee. To gain 60% they must be sold at:
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Question 19 of 20
19. Question
1 pointsThe selling price of 12 articles is equal to the cost price of 15 articles. The gain per cent is:
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Question 20 of 20
20. Question
1 pointsA man sells 320 mangoes at the cost price of 400 mangoes. His gain per cent is:
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Profit and Loss 4
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Question 1 of 20
1. Question
1 pointsIf book bought at prices ranging from Rs. 200 to Rs. 350 are sold a prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling 8 books?
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Question 2 of 20
2. Question
1 pointsThe cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is:
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Question 3 of 20
3. Question
1 pointsBy selling a book for Rs. 10, the publisher loses (1/11) of what it costs him. His cost price is:
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Question 4 of 20
4. Question
1 pointsBy selling 100 bananas, a fruitseller gains the selling price of 20 bananas. His gain per cent is:
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Question 5 of 20
5. Question
1 pointsThe C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is:
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Question 6 of 20
6. Question
1 pointsA man sold a radio for Rs 1980 and gained 10%. The radio was bought for:
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Question 7 of 20
7. Question
1 pointsThere would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%?
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Question 8 of 20
8. Question
1 pointsA man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent
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Question 9 of 20
9. Question
1 pointsA TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent.
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Question 10 of 20
10. Question
1 pointsIn terms of percentage profit, which among following the best transaction.
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Question 11 of 20
11. Question
1 pointsA person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
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Question 12 of 20
12. Question
1 pointsA book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss ?
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Question 13 of 20
13. Question
1 pointsIf the cost price is 25% of selling price. Then what is the profit percent
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Question 14 of 20
14. Question
1 pointsThe cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x
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Question 15 of 20
15. Question
1 pointsA man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item
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Question 16 of 20
16. Question
1 pointsSahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.
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Question 17 of 20
17. Question
1 pointsA shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.
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Question 18 of 20
18. Question
1 pointsA plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 15%.
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Question 19 of 20
19. Question
1 pointsA man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.
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Question 20 of 20
20. Question
1 pointsIf the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
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Any examinee, who is preparing for the major competitive exams like SSC, IBPS, CAT and others, emphasize on questions and answers related to profit and loss. Mathematical questions, based on the given topic prove helpful in scoring marks. ExamTime Quiz has a vast range of problems, based on profit & loss and discount. These all are multiple choice questions and reflect the latest questioning trends in the above mentioned exams.