PROFIT AND LOSS MCQ SET 1
- A table was bought for Rs.3,000 and sold for Rs.3,200 . Find the gain or loss in terms of money .
(a)Gain 200
(b)Loss 200
(c)Gain 100
(d)Loss 150
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Answer: A
- ย Mihir buys a book for Rs.625 however , because of certain urgency , he sells it for Rs.550 . Find his loss percentage ?
(a)10%
(b)12%
(c)14%
(d)15%
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Answer: B
Q3. A shopkeeper sold and article at 30% loss . If the selling price is Rs.350 find the cost price .
(a)Rs.500
(b)Rs.550
(c)Rs.600
(d)None of these
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Answer: A
Q4. A shopkeeper sold and article at 40% loss . If the selling price is Rs.6000 . Find the cost price .
(a)Rs.5,000
(b)Rs.5,500
(c)Rs.10,000
(d) None of these
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Answer: C
Q5. The cost price of an article is Rs.6,450 . If it sold at a profit 16% , how much would be its selling price?
(a)Rs.7,482
(b)Rs.7,428
(c)Rs.7,842
(d)Rs.7,282
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Answer: A
Q6. The selling price of a mobile phone is Rs.59,620 and it was sold at 8.4% profit . The cost price (in Rs) of the mobile phone is:
(a)52000
(b)55000
(c)45000
(d)50000
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Answer: B
Q7. A shopkeeper sold and article at 6 2/3% profit . If the selling price is Rs.1600 . Find the cost price?
(a)Rs.1,200
(b)Rs.1,400
(c)Rs.1,500
(d)None of these
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ย Answer: C
Q8. The ratio of cost price and selling price is 10:11 . Find the gain percent?
(a)10%
(b)15%
(c)20%
(d)None of these
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Answer: A
Q9. The ratio f cost price to selling price of an article is 186:206 . The profit percent on it is:
(a)10 50/93
(b)10 70/93
(c)12 70/93
(d) 12 50/93
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Answer: B
Q10. If a book is sold at 20% profit , then ratio of cost price to the selling price is:
(a)5:7
(b)5:6
(c)1:4
(d)2:3
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Answer: B
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