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### Mathematical Skills | Profit and Loss

 Q. No. 7: The sale price of an article including the sales tax is Rs 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is A : Rs 500 B : Rs 515 C : Rs 550 D : Rs 600 Solution
 Q. No. 8: Ravi sells an article at a gain of 25/2 %. If he had sold it at Rs 22.50 more, he would have gained 25%. The cost price of the article is A : Rs 162 B : Rs 140 C : Rs 196 D : Rs 180 Solution
 Q. No. 9: If selling price is doubled, the profit triples. Find the profit percent. A : 66.66% B : 100% C : 105.33% D : 120% Solution
 Q. No. 10: A bought 4 bottles of beer and B bought one bottle of lager, lager per bottle costing twice that of the beer. C bought nothing but paid Rs 50, for his share of the drink which they mixed together and shared equally. If C's Rs 50 covered his share, then what is the cost of the lager? A : 30 B : 46 C : 50 D : 75 Solution
 Q. No. 11: If 7% of the sale price of an article is equivalent to 8% of its cost price and 9% of its sale price exceeds 10% of its cost price by Rs 1, then what is the cost price of the article? A : Rs 400 B : Rs 350 C : Rs 300 D : Rs 280 Solution
 Q. No. 12: Company C sells a line of 25 products with an average retail price of Rs 1200. If none of these products sells for less than Rs 420 and exactly 10 of the products sell for less than Rs 1000. What is the greatest possible selling price of the most expensive products? A : Rs 2600 B : Rs 7800 C : Rs 11800 D : Rs 3900 Solution
 Profit and Loss Easy Moderate Difficult