Profit and Loss

1.The cash difference between the selling price of an article at a profit of 8% and 4% is Rs 3 the ratio of the two selling price is
A. 51 : 52
B. 27 : 26
C. 51 : 53
D. 52 : 55

Answer

2. A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is

A. 9% loss
B. 2% loss
C. 3% loss
D. 25% loss

Answer

3. A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of:

A. 50/3 %
B. 18 /3%
C. 25%
D. 32%

Answer

4. A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in:

A. no loss no gain
B. loss of Rs 1/12 lakh
C. loss of Rs 4lakh
D. gain of Rs 6lakh

Answer

5. Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table?

A. Rs 10.56
B. Rs 10.87
C. Rs 12.123
D. Rs 12.67

Answer

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