Profit and Loss Problems
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Q. A man sells a bicycle for $300 at a profit of 20%. What was the cost price of the bicycle?
Q. A person sold a laptop for $1200 at a loss of 20%. What was the cost price?
Q. A retailer bought a shirt for $30 and sold it for $45. What is the profit percentage?
Q. A shopkeeper bought an article for $200 and sold it for $250. What is the profit percentage?
Q. A trader bought two articles for $500 each and sold them for $600 and $400 respectively. What is his overall profit or loss?
Q. If a man buys a watch for $80 and sells it for $100, what is his profit in percentage?
Q. If a person incurs a loss of 15% on selling a book for $85, what was the cost price?
Q. If a product is sold for $150 after a loss of 10%, what was the cost price?
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