# Profit And Loss   Profit And Loss  Questions And Answers

1. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

 Rs. 45 Rs. 50 Rs. 55 Rs. 60

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2. A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

 3 4 5 6

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3. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

 Rs. 21,000 Rs. 22,500 Rs. 25,300 Rs. 25,800

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4. If a material is sold for Rs.34.80, there is a loss of 25%. Find out the cost price of the material?

 Rs.46.40 Rs.44 Rs.42 Rs.47.20

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5. 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?

 Rs. 18.20 Rs. 70 Rs. 72 Rs. 88.25

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6. 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:

 4$\dfrac{4}{7}$% 5$\dfrac{5}{11}$% 10% 12%

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7. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

 30% 33$\dfrac{1}{3}$% 35% 44%

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8. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

 Rs. 1090 Rs. 1160 Rs. 1190 Rs. 1202

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9. By selling an item for Rs.15, a trader loses one sixteenth of what it costs him. The cost price of the item is

 Rs.14 Rs.15 Rs.16 Rs.17

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10. If selling price is doubled, the profit triples. Find the profit percent.

 66$\dfrac{2}{3}$ 100 105$\dfrac{1}{3}$ 120

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