Profit & Loss Questions and Answers
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Q51
The C.P. of two watches taken together is Rs. 840. If by selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction, then the C.P. o the two watches are respectively
Answer: Option A
Q52
The C.P. of an article is 40% of the S.P. The percent that the S.P. is of C.P. IS :
Answer: Option A
Q53
A machine is sold at a profit of 10%. Had it been sold for Rs. 80 less, there would have been a loss of 10%. The C.P. of the machine is :
Answer: Option B
Q54
If an article is sold at 5% gain instead of 5% loss, the seller gets Rs. 6.72 more. The C.P. of the article is :
Answer: Option A
Q55
A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs 55 more, he would have had a profit of 40%. The C.P. of the article is :
Answer: Option C
Q56
A man bought an article and sold it at a gain of 5%. If he had bought it t 5% less and sold it for Re 1 less, he would have made a profit of 10% The C.P. of the article was
Answer: Option C
Q57
Kishan bought a certain quantity of rice at the rate of Rs 150 per quintl and 10% of the rice was spoiled. At what price should he sell the remainder to gain 20% of hsi outlay ?
Answer: Option B
Q58
A reduction of 25% in the price of eggs wil enable one to buy 4 dozen more eggs for Rs 96. What is the per dozen ?
Answer: Option B
Q59
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. ?
Answer: Option C
Q60
Raghu bought 4dozen oranges at Rs 12 oper dozen and 2 dozen oranges at Rs 16 pe dozen. He sold them all to earn 20% profit. At what price per dozen did he sell the oranges ?
Answer: Option B