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Profit Loss and Discount

Authored by manick s

Mathematics

University

Used 6+ times

Profit Loss and Discount
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A person buys a horse for 15 pounds. After one year, he sells it for 20 pounds. After one year, again he buys the same horse at 30 pounds and sells it for 40 pounds. What is the overall profit percent for that person over both the transactions?

30.33%

33.33%

35.33%

40.33%

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A trader sells 85 m of cloth for Rs. 8,925 at the profit of Rs. 15/m of cloth. What is the cost price of 1 m of cloth?

Rs. 84

Rs. 90

Rs. 96

Rs. 102

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

By selling an article at Rs. 800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

Rs. 460

Rs. 480

Rs. 500

Rs. 520

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?

0.25 % loss

0.25 % gain

25 % loss

25 % gain

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A hawker sells 100 candies for 5 Rupees. If he manages to makes a profit of 20%, how many candies did he buy for a rupee?

16

24

36

40

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

shopkeeper manipulated his weighing machine so that it shows 1kg when he is actually giving 960 grams. Find his profit percentage?

(40/96)%

0.3 %c

0.03%

(25/6)%

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A trader sells his goods for Rs 1081.20 after allowing a discount of 15% on list price and charging a VAT of 6% on discounted price. Find the list price of the commodity?

Rs. 1200

Rs. 1250.20

Rs. 1302

Rs. 11850.20

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