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Profit and Loss - Mock Test 1

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Question 1

A man buys a toy for Rs. 183 and sells it for Rs.255. Find his gain/loss percentage.


Profit = 255 - 183 = 72 Rs. Profit Percentage = (72/183)*100 Answer - 39.34%

Question 2

A man buys a toy for Rs. 247 and sells it for Rs.251. Find his gain/loss percentage.


Profit = 251 - 247 = 4 Rs. Profit Percentage = (4/247)*100 Answer - 1.62%

Question 3

A man buys a toy for Rs. 55 and sells it for Rs.255. Find his gain/loss percentage.


Profit = 255 - 55 = 200 Rs. Profit Percentage = (200/55)*100 Answer - 363.64%

Question 4

A man buys a toy for Rs. 190 and sells it for Rs.251. Find his gain/loss percentage.


Profit = 251 - 190 = 61 Rs. Profit Percentage = (61/190)*100 Answer - 32.11%

Question 5

A man buys a toy for Rs. 243 and sells it for Rs.255. Find his gain/loss percentage.


Profit = 255 - 243 = 12 Rs. Profit Percentage = (12/243)*100 Answer - 4.94%

Question 6

A man buys a toy for Rs. 183 and sells it for Rs.251. Find his gain/loss percentage.


Profit = 251 - 183 = 68 Rs. Profit Percentage = (68/183)*100 Answer - 37.16%

Question 7

A man buys a toy for Rs. 183 and sells it for Rs.251. Find his gain/loss percentage.


Profit = 251 - 183 = 68 Rs. Profit Percentage = (68/183)*100 Answer - 37.16%

Question 8

A man buys a toy for Rs. 187 and sells it for Rs.255. Find his gain/loss percentage.


Profit = 255 - 187 = 68 Rs. Profit Percentage = (68/187)*100 Answer - 36.36%

Question 9

A man buys a toy for Rs. 114 and sells it for Rs.507. Find his gain/loss percentage.


Profit = 507 - 114 = 393 Rs. Profit Percentage = (393/114)*100 Answer - 344.74%

Question 10

A man buys a toy for Rs. 50 and sells it for Rs.507. Find his gain/loss percentage.


Profit = 507 - 50 = 457 Rs. Profit Percentage = (457/50)*100 Answer - 914%

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