Profit and Loss Set 1

Profit and Loss Set 1

Professional Development

10 Qs

quiz-placeholder

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Profit and Loss Set 1

Profit and Loss Set 1

Assessment

Quiz

Mathematics

Professional Development

Practice Problem

Hard

Created by

Parimal Halder

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will be the profit or loss (in %)?

13.28% profit

26.56% loss

26.56% profit

13.28% loss

2.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A shopman bought pens at the rate of 7 for Rs 10 and sold them at a profit of 40%. How many pens would a customer get for Rs 10?

6

4

5

3

3.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

By selling 12 oranges for Rs 60, a man loses 25%. The number of oranges he has to sell for Rs 100, so as to gain 25% is

10

11

12

15

4.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A man sold 20 apples for Rs 100 and gained 20%. How many apples did he buy for Rs 100? 

20

22

24

25

5.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A man purchased some eggs at 3 for Rs 5 and sold them at 5 for Rs 12. Thus he gained Rs 143 in all. The number of eggs he bought is

210

200

195

190

6.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A man bought oranges at the rate of 8 for Rs 34 and sold them at the rate of 12 for Rs 57. How many oranges should be sold to earn a net profit of Rs 45?

90

100

135

150

7.

MULTIPLE CHOICE QUESTION

3 mins • 3 pts

A person bought 50 pens for Rs 50 each. He sold 40 of them at a loss of 5%. He wants to gain 10% on the whole. Then his gain percent on the remaining pens should be

15%

40%

50%

70%

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