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Profit and Loss 1/3


17. A merchant professes to sell goods at 20% profit but uses weight of 900 grams in place of a kilogram. What is his actual profit per cent?
a. 28%
b. 30%
c. 33.33%
d. 35%


18. A shopkeeper buys some pens. If he sells them at Rs.13 per pen, his total loss in Rs.150 but on selling them at Rs.15 per pen, his total gain is Rs. 100. How many pens did he sell?
a. 101
b. 111
c. 121
d. 125


19. A man sold an article at 10% profit. Had it been sold for Rs. 50 more, he would have gained 15%. Cost Price of the article is:
a. 9500
b. 9600
c. 9800
d. 1000


20. A machine is sold at a loss of 10%. Had it been sold at a profit of 15%, it would have fetched Rs. 50 more. The cost price of the machine is:
a. Rs.210
b. Rs.220
c. Rs.200
d. Rs.270


21. A bicycle is sold at 10% profit. Had it been sold for Rs. 10 less, the profit would have been 5% only. What is the cost price of the bicycle?
a. 180
b. 200
c. 220
d. 250


22. A man sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs. 10.50 less, he would have gained 30%. Find the CP of the article.
a. 144
b. 72
c. 36
d. None of these


23. A shopkeeper purchases goods at $\displaystyle\frac{{{\rm{19}}}}{{{\rm{20}}}}$ of its marked price and sells them at 14% more than its marked price. Find his profit per cent.
a. 12.50%
b. 15%
c. 20%
d. 37.5%


24. A merchant fixed selling price of his articles at Rs.700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix the selling price at 10% profit. Find the new selling price.
a. 600
b. 800
c. 925
d. 1200


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