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If the Cost Price of one book is Rs. 10/- and the Selling Price is Rs. 12/-, what is the Profit or Loss on 100 books? |

A) 2
B) 20
C) 100
D) 200
Correct Answer : 200 Explanation :Cost Price of 100 book will , 10*100 =1000 So, Profit = SP - CP (if SP > CP), |

If the Selling Price is Rs. 6/- and loss is Rs. 0.50 ps, what is the Cost Price? |

A) 5
B) 5.50
C) 6
D) 6.50
Correct Answer : 6.50 Explanation :Loss = CP - SP |

If the Cost Price is Rs. 640/- and Selling Price is Rs. 680/-. What is the Profit percentage? |

A) 5 %
B) 6.25 %
C) 6 %
D) 7 %
Correct Answer : 6.25 % Explanation :Profit = SP - CP = 680 - 640 = 40 |

If the Cost Price is RS 528/- and Profit is Rs 44/-. What is the Selling Price and what is the profit percentage? |

A) 572 , 7.69 %
B) 525 , 7 %
C) 672 , 5.69 %
D) 611 , 5.5 %
Correct Answer : 572 , 7.69 % Explanation :Profit = SP - CP |

An animal trader buys a calf for Rs 800/- and sells at a profit of 10%. What is the selling price of the calf? |

A) 700
B) 800
C) 880
D) 900
Correct Answer : 880 Explanation :Profit % = Profit/CP * 100 Profit = 80 = SP - CP |

An animal trader buys a cow for Rs 1200/- and sells at a loss of 25/3 %. What is the Selling Price of the cow? |

A) 1000
B) 1100
C) 1200
D) 1400
Correct Answer : 1100 Explanation :Loss % = Loss/CP * 100 Loss = 100 = CP - SP ( CP > SP ) |

An animal trader buys a calf and a cow at Rs 800/- and Rs 1200/- respectively and sells them at 10% profit and 25/3 % loss respectively, what shall be profit or loss percentage on the whole? |

A) 1% Loss
B) 2% Loss
C) 3% Loss
D) 4% Loss
Correct Answer : 1% Loss Explanation :After resolving - Profit % = Profit/CP * 100 Loss % = Loss/CP * 100
Loss = CP - SP ( CP > SP ) = 2000 - 1980 = 20 |

A purchased an article for Rs 96/- and sold it at a profit of Rs 25/3 % to B. If B sells it at a loss of 5%. What shall be the Selling Price of B? |

A) 90
B) 98.8
C) 102
D) 108
Correct Answer : 98.8 Explanation :Cost price when A buys an article = 96 Cost Price when B buys an article = 104 |

Selling a pack of incense sticks for 136 Rs resulted in a loss of 15%. To make a profit of 10%, the selling price should be ? |

A) 160
B) 176
C) 170
D) 149.60
Correct Answer : 176 Explanation :Let X be cost price. to make 10% profit the sale price should be |

The cost price of 20 articles is equal to the selling price of 16 articles. Find the gain or loss percent? |

A) 20% gain
B) 20% loss
C) 25% gain
D) 20% loss
Correct Answer : 25% gain Explanation :Let for an articles cp =x , sp =y As is given, 20*x=16*y Gain% = (sp-cp / cp)*100 (Sp > CP) |

By selling coconuts at the rate of Rs. 6/- each, a trader gained 20%. Find the cost of 100 coconuts? |

A) 100 B) 200 C) 400 D) 500 Correct Answer : 500 Explanation :SP = 6 CP* (120/100) = 6 |

A person sells an article for Rs 550, gaining 1/10 of its cost price. Its gain percentage is. |

A) 5% B) 5.5% C) 10% D) 20% Correct Answer : 10% Explanation :Let the CP of the article = x SP = CP + Gain Gain% = (SP-CP)*100/CP |

Irvin sold a book at a profit of 12%. If Irvin had sold it for Rs 18 more, then 18% would have been gained. Find the cost price? |

A) Rs 600 B) Rs 300 C) Rs 400 D) Rs 200 Correct Answer : Rs 300 Explanation :Let CP of Book be x According to question,if it sold for 18 rupees more then the gain would have been 18%. Hence,the CP of a book = 300 |

Vikas bought paper sheets for Rs 7200 and spent Rs 200 on transport. Paying Rs 600, he had 330 boxes made,which he sold at Rs 28 each. His profit percentage is? |

A) Rs 600 B) Rs 300 C) Rs 400 D) Rs 200 Correct Answer : Rs 300 Explanation :CP of 330 boxes = (7200 + 200 + 600) = Rs 8000 |

The sale price of an article including the sales tax is Rs 616.The rate of sales tax is 10%, if the shopkeeper has made a profit of 12%, then the cost price of the article is? |

A) Rs 450 B) Rs 475 C) Rs 500 D) Rs 616 Correct Answer : Rs 500 Explanation :Let the cost price of article be Rs x |

Sam purchased 20 dozens of toys at the rate of 375 Rs per dozen. He sold each one of then at the rate of Rs 33.What was his percentage profit? |

A) 3.5 B) 4.5 C) 5.6 D) 6.5 Correct Answer : 5.6 Explanation :CP of one toy=Rs 375/12=Rs 31.25 |