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Profit And Loss Test - 1

  • Remaining Timing :-

(1). The profit made on selling an item of cost piece of Rs.1650 is Rs.210. what is the selling price of that item?

  • (a). 1540
  • (b). 1200
  • (c). 1860
  • (d). 1580
  • (e). None of these
Answer : 1860

Explanation:

(2). Selling price of an article is Rs 220 and the percent profit earned is 20%. What is the cost price of the article?

  • (a). 183.33
  • (b). 120
  • (c). 176
  • (d). 158.45
  • (e). None of these
Answer : 183.33

Explanation:

(3). Sameera bought wool for Rs.375. She sold it for Rs.300. calculate her loss/profit percent?

  • (a). 40
  • (b). 12
  • (c). 36
  • (d). 20
  • (e). None of these
Answer : 20

Explanation:

(4). The owner of a furniture shop charges his customer 28% more than the cost price. If a customer paid Rs.23,680 for a dining table set, then what was the original price of the dining table?

  • (a). 18500
  • (b). 12500
  • (c). 36000
  • (d). 5800
  • (e). None of these
Answer : 18500

Explanation:

(5). Akash sold a walkman for Rs.795. If he made a 6% profit on the cost price. What was the original cost price of the walkman?

  • (a). 400
  • (b). 850
  • (c). 600
  • (d). 750
  • (e). None of these
Answer : 750

Explanation:

(6). Ram bought an old car Rs.55,000. He spends Rs.5,000 on repair and sold it for Rs.64,800. What is his percent profit?

  • (a). 4
  • (b). 2
  • (c). 6
  • (d). 8
  • (e). None of these
Answer : 8

Explanation:

(7). In a sale, perfumes are available at a discount of 25% on the selling price. If a perfume costs Rs.5,895 in the sales, what is the selling price to the perfume?

  • (a). 7400
  • (b). 4120
  • (c). 7860
  • (d). 5800
  • (e). None of these
Answer : 7860

Explanation:

(8). Selling price of 12 fruits is equal to the cost price of 16 fruits. What is the profit percentage?

  • (a). 33.33
  • (b). 16.66
  • (c). 11.11
  • (d). 26.66
  • (e). None of these
Answer : 33.33

Explanation:

(9). The cost price of an item is two-third to its selling price. What is the gain/loss percent on that item?

  • (a). 40
  • (b). 12
  • (c). 36
  • (d). 50
  • (e). None of these
Answer : 50

Explanation:

(10). A reduction of Rs.6 in S.P of an article will change 5% profit into 2 1/2% loss. What is the cost price of the article?

  • (a). 40
  • (b). 120
  • (c). 65
  • (d). 80
  • (e). None of these
Answer : 80

Explanation: