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### Mathematical Skills | Profit and Loss

 Q. No. 1: A house costs C rupees. Later it was sold for a profit of 25%. What is the capital gains tax if it is 50% of the profit? A : C/24 B : C/8 C : C/4 D : C/2 Solution
 Q. No. 2: A machine is sold at a profit of 10%. Had it been sold for Rs 40 less, there would have been a loss of 10%. What was the cost price? A : Rs 200 B : Rs 225 C : Rs 250 D : Rs 175 Solution
 Q. No. 3: If the cost of 12 pencils is equal to the selling price of 10 pencils, the profit percent in the transaction is A : 16% B : 18% C : 20% D : 25% Solution
 Q. No. 4: Two motor cars were sold for Rs 9,900 each, gaining 10% on one and losing 10% on the other. The gain or loss percent in the whole transaction is A : neither loss no gain B : 1% gain C : 100/99 % profit D : 1% loss Solution
 Q. No. 5: The retail price of a water geyser is Rs 1265. If the manufacturer gains 10%, the wholesale dealer gains 15% and the retailer gains 25%, then the cost of the product is A : Rs 800 B : Rs 900 C : Rs 700 D : Rs 600 Solution
 Q. No. 6: A trader wants 10% profit on the selling price of a product whereas his expenses amount to 15% on sales. What should his rate of mark up be on an article of Rs 9? A : 20% B : 25% C : 30% D : 33.33% Solution
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