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Profit and loss Practice Questions & Answers

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 The owner of a hardware shop charges his customers 19% more than the cost price. If a customer paid Rs 10,115 for a machinery, what was the cost price of the machinery ?

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 The owner of a hardware shop charges his customers 19% more than the cost price. If a customer paid Rs 10,115 for a machinery, what was the cost price of the machinery ?

A). Rs. 7200

B). Rs. 8100

C). Rs. 8500

D). Rs. 8800

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 A man bought a shirt at 20% discount on the labelled price. He sold it to another man at 12% profit on the labelled price. What was his per cent profit on the price he bought ?

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 A man bought a shirt at 20% discount on the labelled price. He sold it to another man at 12% profit on the labelled price. What was his per cent profit on the price he bought ?

A). 10 %

B). 20 %

C). 30 %

D). 40 %

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 Ram sold a cycle to Mohan at 10% discounted value of the printed rate. The discounted value is Rs 2070. If the printed rate is 15% profit of the purchase rate, what is the purchase rate of the cycle ?

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 Ram sold a cycle to Mohan at 10% discounted value of the printed rate. The discounted value is Rs 2070. If the printed rate is 15% profit of the purchase rate, what is the purchase rate of the cycle ?

A). Rs. 1030

B). Rs. 2000

C). Rs. 2670

D). Rs. 3180

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 Sadhna bought a watch at 24% discount on the selling price. If the watch cost her Rs 779, what is the original selling price of the watch ?

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 Sadhna bought a watch at 24% discount on the selling price. If the watch cost her Rs 779, what is the original selling price of the watch ?

A). Rs. 1325

B). Rs. 1225

C). Rs. 1125

D). Rs. 1025

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 A gold bracelet is sold for Rs 13425 at a loss of 25%. What is the cost price of the bracelet

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 A gold bracelet is sold for Rs 13425 at a loss of 25%. What is the cost price of the bracelet

A). Rs. 17600

B). Rs. 17700

C). Rs. 17800

D). Rs. 17900