Simple interest and Profit and Loss

The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for 22050 rupees. How much profit

• 7050

• 8050

• 9050

• 6050

Pramod bought 100 bunches of methi greens for Rs 400. In a sudden downpour, 30 of the bunches on his handcart got spoilt. He sold the rest at the rate of Rs 5 each. Did he make a profit or a loss? How much?

• 40

• 60

• 70

• 50

Profit = Selling Price - Cost Price

• True

• False

If C.P is more there will be a profit

• False
• True

The term used to describe money gained after a sale.

• cost price
• selling price
• profit 
• loss

A watch was bought for Rs. 190 and sold for Rs. 175. Find the profit or loss.

• Profit = Rs.25

• Profit = Rs. 15

• Loss = Rs.15

• Loss = Rs. 25

What is the formula of profit?

• c.p - s.p

• s.p - c.p

• both options

By selling 90 ball pens for ₹160 a person loses 20%. How many ball pens should be sold for ₹96 so as to have a profit of 20%?

• 47

• 36

• 36.5

• 51

Arun sells an object to Benny at a profit of 15%, Benny sells that object to Chandan for ₹1012 and makes a profit of 10%. At what cost did Arun purchase the object?

• 850

• 1050

• 800

• 1000

A shopkeeper takes 10% profit on his goods. He lost 20% of his goods during a theft. What is his loss per cent?

• 8%

• 9%

• 21%

• 12%