Profit and Loss - Questions and Answers
Practice questions on profit and loss.
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21. By selling an article for Rs. 10. Then, the gain per cent is:
Explanation: ANSWER : 11
22. Aloke bought 25 kg of rice at the rate of Rs. 6 per kg and 35 kg of rice at the rate of Rs. 7 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg. What was his gain or loss in the transaction?
Explanation: ANSWER : none of these
23. By selling 36 oranges, a vendor loses the selling price of 4 oranges. His loss per cent is:
Explanation: ANSWER : 10%
24. A dealer professing to sell at cost price, uses a 900 gms weight for a kilogram. His gain per cent is:
Explanation: ANSWER : 11
25. By selling a watch for Rs. 1140, a man loses 50% in order to gain 5%, the watch must be sold for
Explanation: ANSWER : Rs. 1260