PROFIT AND LOSS APTITUDE QUESTIONS AND ANSWERS

PROFIT AND LOSS QUESTIONS AND ANSWERS 16 to 18

16. If the selling price of 40 articles is equal to the C.P. of 50 articles, the loss of gain per cent is:

25% loss

20% loss

25% gain

20% gain

17. By selling a watch for Rs. 1140, a man loses 50% in order to gain 5%, the watch must be sold for

Rs. 1311

Rs. 1254

Rs. 1197

Rs. 1260

18. A dealer professing to sell at cost price, uses a 900 gms weight for a kilogram. His gain per cent is:

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