
CI&SI, Profit & Loss, Partnership (16th May)
Authored by Rajeev Agarwa
Professional Development
Professional Development
Used 2+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A person marks his goods x% above the cost price and allows a discount of 30% on the marked price. If his profit is 5%, then the value of x will be?
50
40
30
20
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent should he sell the rest to gain 25% on the whole transaction?
37
37 1/2
37 3/4
37 1/4
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Anu sold an article for Rs.480 at some profit. Had she sold it for Rs.400, then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?
320
400
280
420
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A shopkeeper allows 28% discount on the marked price of an article and still makes a profit of 20%. If he gains Rs. 30.80 on the sale of one article, then what will be the cost price of the article?
151
154
145
160
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When an article is sold for Rs. 355, there is a loss of 29%.To gain 21% it should be sold for?
602
605
600
700
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Radha marks her goods 25% above the cost price. She sells 35% of goods at the marked price, 4C% at 15% discount and the remaining at 20% discount. What is her overall percentage gain?
11.25
11.75
11
11.20
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Sujata marks an article 36% above the cost price and allows a 40% discount on the marked price. The loss percentage is?
19
18
18.4
25
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