**Learn and Practice Free Profit and Loss Set 1 questions **

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#### A shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400

Option 1: 7

Option 2: 8

Option 3: 12

Option 4: 60

Option 5:

#### A man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20 %

Option 1: 4

Option 2: 5

Option 3: 6

Option 4: 7

Option 5:

#### By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:

Option 1: Rs 23

Option 2: Rs 24

Option 3: Rs 25

Option 4: Rs 26

Option 5:

#### A person bought 20 litres of milk at the rate of Rs 8 per litre. He got it churned after spending Rs 10 and got 5 kg of cream and 20 litres of toned milk. If he sold the cream at Rs. 30 per kg and toned milk at Rs 4 per litre, his profit in the transaction is

Option 1: 0.25

Option 2: 0.375

Option 3: 0.353

Option 4: 0.425

Option 5:

#### A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was

Option 1: 10% loss

Option 2: 1% loss

Option 3: 1% gain

Option 4: Neither loss nor profit

Option 5:

#### Rahim buys mangoes at the rate of 3 kg for Rs 21 and sells them at 5 kg for Rs 50. To earn Rs 102 as profit, he must sell.

Option 1: 26 kg

Option 2: 34 kg

Option 3: 36 kg

Option 4: 56 kg

Option 5:

#### A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is

Option 1: 10

Option 2: 19

Option 3: 12

Option 4: 22

Option 5:

#### A man sells two houses at the rate of Rs. 1.995 lakh each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction Is :.

Option 1: 0.25% loss

Option 2: 2.5% loss

Option 3: 0.25% gain

Option 4: 25% loss

Option 5:

#### If the manufacturer gains 10 %, the wholesale dealer 15 % and the retailer 25 %, then the cost of production of a table, the retail price of which is Rs 1265 was :

Option 1: Rs 632.50

Option 2: Rs 814

Option 3: Rs 800

Option 4: Rs 834.34

Option 5:

#### A bought a ratio st and spent Rs 110 on its repairs. He then sold it to B at 20% profit,B sold it to C at a lossâ€™ of 10 % and C sold it for Rs 1188 at a profit of 10 %. What is the amOunt for which A bought the radio set?

Option 1: Rs 850

Option 2: Rs 930

Option 3: Rs 890

Option 4: Rs 950

Option 5:

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