Profit and Loss and Discount

Profit and Loss and Discount

7th - 8th Grade

9 Qs

quiz-placeholder

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Profit and Loss and Discount

Profit and Loss and Discount

Assessment

Quiz

Mathematics

7th - 8th Grade

Hard

Created by

Dominic Sangma

Used 58+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Profit or Loss is calculated on the

SP

CP

Tax

MP

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Vibha buys 11 articles for Rs.10 and sells them at 10 for Rs.11. Vibha's gain percent is

10%

12%

30%

21%

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A LCD set was sold for Rs.34000 after allowing a discount of 15%.The MP of the set is

Rs.50,000

Rs.40,000

Rs.10,000

Rs.30,000

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Heena bought a mobile for Rs.5000 and sold it for Rs. 6,500 to her friend. The profit percent is

30%

10%

5%

40%

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

On selling a wrist watch for Rs.1,216,Meenu losses 5%. Then the CP is

Rs.1,280

Rs.2,000

Rs. 1,520

Rs.2,100

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The MP of an article is Rs.600 and it is sold at a discount of 12%. Then the total discount on the article is

Rs.50

Rs.72

Rs.25

Rs.90

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Aman sold an article at a loss of 20%. If he had sold it for Rs.12 more,he would have made 10% profit. The CP of the article is

Rs 40

Rs.50

Rs.10

Rs.12

8.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The MP of an article is 20% above the CP. A discount of 10% is allowed to a customer. The profit percent is

8%

12%

18%

4%

9.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If the CP of a packet of 25 pens is equal to the CP of 20 such pens, the gain or loss percent is

10%

25%

20%

12%