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Profit, Loss and Discount Test - 1

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Profit, Loss and Discount Test - 1
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  • Question 1
    1 / -0

    Sushil went to a garment shop and purchased a shirt. The shopkeeper gave two successive discounts of 50% and 20%. How much money did Sushil pay to the shopkeeper, if the marked price of the shirt was Rs. 1500?

  • Question 2
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    A sells an article to B at a profit of 20%. B sells it to C at a profit of 15%. C paid Rs. 190 more than it cost A. Calculate the profit A made.

  • Question 3
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    A dealer sold 2 match tickets to different customers for Rs. 3167 each. On one, he earned a profit of 20% and on the other, he suffered a loss of 20%. What is the profit or loss in the entire deal?

  • Question 4
    1 / -0

    A man purchased a packet of 10 pens and got 2 pens free with it. He marked the price 20% more than the C.P. If he did not allow any discount and sold all the 12 pens at this price, what was his profit percentage?

  • Question 5
    1 / -0

    By selling 66 metres of cloth, a person gains the cost price of 22 metres. Find his gain percentage.

  • Question 6
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    For a certain article, the ratio of the cost price to the selling price is 8 : 10. What is the profit percentage?

  • Question 7
    1 / -0

    The price of a necklace is Rs. 2,00,000. After two successive discounts, it is sold for Rs. 1,39,400. If the first discount is 15%, what is the rate of the second discount?

  • Question 8
    1 / -0

    A person buys several fruits at the rate of 16 for Rs. 24 and sells them at the rate of 8 for Rs. 18. What is his gain percent?

  • Question 9
    1 / -0

    The price of a wooden table is Rs. 2400. It is sold at a profit of 30%. If 10% of the total amount is deducted as tax, then what will be the net profit?

  • Question 10
    1 / -0

    A man gains 10% by selling a certain article for a certain price. If he sells it at double the price, then the profit made is

  • Question 11
    1 / -0

    A shopkeeper buys a ceiling fan for Rs. 1500 and incurs overhead expenses of Rs. 50. If he sells the ceiling fan for Rs. 2000, then what will be his profit percent?

  • Question 12
    1 / -0

    A shopkeeper bought goods worth Rs. 8000 and sold one-quarter of them at a 20% profit. Then, he decided to increase his margin. What was his new margin if he made an overall profit of 30%?

  • Question 13
    1 / -0

    Rahul deposited Rs. 7,500 at 4% p.a. for 2 years compounded annually in a bank. Jasmine deposited Rs. 7,500 for simple interest at the rate of 5% p.a. for 2 years. What is the difference between the amount of money they earned at the end of two years?

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