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Profit and loss Practice Questions & Answers

0 vote

 At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

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 At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

A). Rs. 28.35

B). Rs. 36.56

C). Rs. 40.45

D). Rs. 62.50

0 vote

 A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

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 A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

A). 20%

B). 60%

C). 100%

D). 90%

0 vote

 A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

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 A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

A). Rs. 440

B). Rs. 600

C). Rs. 780

D). Rs. 900

-1 vote

 By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

Asked on by Guest | Votes -1

 By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

A). Rs. 480

B). Rs. 520

C). Rs. 670

D). Rs. 940

-1 vote

 By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

Asked on by Guest | Votes -1

 By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

A). Rs. 220

B). Rs. 360

C). Rs. 480

D). Rs. 520