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Profit and Loss MCQ - Multiple Choice Question and Answer

Profit and Loss MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 29
The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs 3. The ratio of two selling prices is

52:53
53:54
54:56
55:54

Question No : 30
A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.

19%
20%
21%
22%

Question No : 31
A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles ?

RS 20
RS 22
RS 24
RS 27

Question No : 32
A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

20%
25%
27%
30%