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1.
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Alfred buys an old scooter for Rs. 4700 and
spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain
percent is:
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2.
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The cost price of 20 articles is the same
as the selling price of x articles. If the profit is 25%,
then the value of x is:
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3.
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If selling price is doubled, the profit
triples. Find the profit percent.
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4.
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In a certain store, the profit is 320% of
the cost. If the cost increases by 25% but the selling price remains constant,
approximately what percentage of the selling price is the profit?
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A.
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30%
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B.
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70%
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C.
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100%
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D.
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250%
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5.
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A vendor bought toffees at 6 for a rupee.
How many for a rupee must he sell to gain 20%?
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6.
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The percentage profit earned by selling an
article for Rs. 1920 is equal to the percentage loss incurred by selling the
same article for Rs. 1280. At what price should the article be sold to make
25% profit?
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A.
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Rs. 2000
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B.
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Rs. 2200
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C.
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Rs. 2400
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D.
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Data inadequate
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7.
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A shopkeeper expects a gain of 22.5% on his
cost price. If in a week, his sale was of Rs. 392, what was his profit?
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A.
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Rs. 18.20
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B.
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Rs. 70
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C.
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Rs. 72
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D.
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Rs. 88.25
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8.
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A man buys a cycle for Rs. 1400 and sells
it at a loss of 15%. What is the selling price of the cycle?
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A.
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Rs. 1090
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B.
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Rs. 1160
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C.
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Rs. 1190
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D.
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Rs. 1202
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9.
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Sam purchased 20 dozens of toys at the rate
of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What
was his percentage profit?
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A.
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3.5
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B.
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4.5
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C.
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5.6
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D.
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6.5
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10.
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Some articles were bought at 6 articles for
Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:
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Title : Profit And Loss Practice Test 1
Description : 1. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, hi...
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