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Profit and loss aptitude questions and answers - Page 1

1. A man buys an article for $27.50 and sells it for $28.60. Find the gain in %.

A. 2

B. 4

C. 6

D. 8

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2. A machine is sold at a profit of 10%. Had it been sold for Rs. 40 less, there would have been a loss of 10%. What was the cost price ?

A. Rs. 175

B. Rs. 200

C. Rs. 225

D. Rs. 250

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3. An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

A. 13.50 %

B. 14 %

C. 10%

D. 12.50 %

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4. A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent?

A. 10%

B. 12%

C. 13%

D. 16%

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5. If by selling 110 mangoes, the C.P. of 120 mangoes is realised, the gain percentage is :

A. 9 1/11 %

B. 10 1/11 %

C. 9 3/2 %

D. 11 1/9 %

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