Question : A man buys a watch for INR 250 and sells it for INR 300. Find his profit percentage.
Option 1: 20%
Option 2: 25%
Option 3: 15%
Option 4: 10%
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Correct Answer: 20%
Solution : The cost price of the watch = INR 250 Selling price of the watch = INR 300 Profit = selling price – cost price = 300 – 250 = 50 Profit percentage = $\frac{\text{Profit}}{\text{cost price}}\times100= \frac{50}{250}\times100= 20\%$ Hence, the correct answer is 20%.
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Question : Kisna buys a cow for INR 15,000. After one year, he sells it for INR 18,500. After one year, again he buys the same cow at INR 19,000 and sells it for INR 22,300. What is the overall profit percentage of Kisna?
Option 1: 18%
Option 2: 10%
Option 3: 20%
Option 4: 15%
Question : A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
Option 1: 10
Option 2: 12.5
Option 3: 20
Option 4: 25
Question : A man buys a toy for INR 400 and sells it at a loss of 15%. What is the selling price of the toy?
Option 1: INR 350
Option 2: INR 340
Option 3: INR 370
Option 4: INR 360
Question : Sandeep buys a toy car for Rs. 500 and sells it for Rs. 625. What is his gain or loss percentage?
Option 1: 20% gain
Option 2: 20% loss
Option 3: 25% gain
Option 4: 25% loss
Question : A shopkeeper buys pencils from a wholesaler at Rs. 20 for 40 pencils. He sells those pencils at Rs. 20 for 20 pencils. What was his profit or loss percentage?
Option 1: 50% Profit
Option 2: 80% Loss
Option 3: 100% Profit
Option 4: 20% loss
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