We are here with the Profit and Loss exercise which is very important for competitive exams. Profit and Loss questions usually carry 3-5 marks in competitive exams.
(a) Rs. 950
(b) Rs. 800
(c) Rs. 880
(d) Rs. 660
Q2. A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
(a) 36000
(b) 40000
(c) 39000
(d) 42500
Q3. If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
(a) Rs. 410
(b) Rs. 380
(c) Rs. 400
(d) Rs. 390
(a) Rs. 700
(b) Rs. 750
(c) Rs. 850
(d) Rs. 800
Q5. 4% of the selling price of an article is equal to 5% of its cost price. Again 20% of the selling price is Rs. 120 more than 22% of its cost price. The ratio of cost price & selling price is
(a) 2 : 3
(b) 3 : 2
(c) 4 : 5
(d) 5 : 4
Answers:
1. C 2. B 3. D 4. B 5. C
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