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Profit and loss Practice Questions & Answers

0 vote

 The ratio of cost price of two articles was 2:3, by selling getting the gain 10% and 20% then what is the percentage of gain

Asked on by Guest | Votes 0

 The ratio of cost price of two articles was 2:3, by selling getting the gain 10% and 20% then what is the percentage of gain

A). 15%

B). 16%

C). 17%

D). 18%

0 vote

 A man sells two articles at 99 each. On one he gains 10% and on the other he loses 10%. What is his loss percent on the whole transaction?

Asked on by Guest | Votes 0

 A man sells two articles at 99 each. On one he gains 10% and on the other he loses 10%. What is his loss percent on the whole transaction?

A). 1 % loss

B). 3 % loss

C). 5 % loss

D). 8 % loss

2 vote

 If selling price of an article is 8/5 times its cost price, then profit percent on it is

Asked on by Guest | Votes 2

 If selling price of an article is 8/5 times its cost price, then profit percent on it is

A). 50 %

B). 60 %

C). 70 %

D). 80 %

-1 vote

 If cost price is 80, overhead is 20 and selling price is 120, then the profit percent is

Asked on by Guest | Votes -1

 If cost price is 80, overhead is 20 and selling price is 120, then the profit percent is

A). 8 %

B). 12 %

C). 16 %

D). 20 %

0 vote

 The marked price of an article is 200. A discount of 12 ½% is allowed on the marked price and a profit of 25% is made. The cost price of the article is

Asked on by Guest | Votes 0

 The marked price of an article is 200. A discount of 12 ½% is allowed on the marked price and a profit of 25% is made. The cost price of the article is

A). 110

B). 140

C). 170

D). 200