Profit and Loss Problems (MCQs)


Read Also- Profit And Loss Important Formulas

11. A man sell two horses at the same amount, On one he gains 5% and on the other he loses 5%. His gain or loss percent in the whole transaction is?

(a) 0.25% loss
(b) 0.25% gain
(c) 2.5% loss
(d) 2.5% gain

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Correct Answer is (a)

12. There 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%?

(a) Rs. 12
(b) Rs. 12.96
(c) Rs. 14.40
(d) None of these

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Correct Answer is (c)

13. If by selling 110 mangoes, the cost price of 120 mangoes is realized, the gain percent is?

(a) 111/ 9 %
(b) 9%
(c) 11%
(d) 100/11 %

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Correct Answer is (d)

14. A reduction of 25% in the price of eggs will enable one to buy 4 dozen more eggs for Rs. 96. What is the price per dozen?

(a) Rs.6
(b) Rs. 8
(c) Rs.9
(d) None of these

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Correct Answer is (b)

15. An 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.?

(a) Rs.64
(b) Rs. 80
(c) Rs.150
(d) None of these

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Correct Answer is (c)

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