Profit and Loss
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Q1
Sunita bought a music system for 5,000 and sold it at a profit of 8%. What is the profit?
Marks:1Answer:
400
Explanation:

Q2
Mohan bought a T.V. set for Rs 10,000 and sold it at a profit of 10%. The profit on the T.V. set is
Marks:1Answer:
Rs 1000.
Explanation:

Q3
A jacket with a cost price of 1000 was sold for 750. What is the loss%?
Marks:1Answer:
25%
Explanation:

Q4
The cost of a toy is 120.What is the selling price, if the shopkeeper sells it at a profit of 20%?
Marks:1Answer:
144
Explanation:

Q5
The buying price of an item is known as it's
Marks:1Answer:
cost price
Explanation:
cost price