Profit and Loss

Discount is always calculated on the _______

• Cost price

• Selling price

• Marked price

• GST

Selling price = Marked price - __________

• Cost price

• GST

• Overhead expenses

• Discount

If the marked price of a water cooler is ₹4650. The shopkeeper offers an off-season discount of 18% on it. Then its selling price is ________

• ₹3813

• ₹3800

• ₹837

• ₹5487

A television set was bought for ₹25250 and spend ₹800 for transportation. What was the price of a television?

• ₹26000

• ₹25250

• ₹24450

• ₹26050

Which one is not true?

• MP can be equal to SP.

• SP cannot be greater than MP

• MP is always less than SP

• SP cannot be greater than MP but they can be equal

The Marked price of a heater is Rs.5400. If a discount 10% is offered, what is the selling price of the heater?

• Rs.5000

• Rs.4960

• Rs.4690

• Rs.4880

If the cost price of 15 pens is equal to the selling price of 20 pens, then the loss percent is

• 12%

• 18%

• 20%

• 25%

Find the gain or loss per cent when:

C P = Rs 345 and S P = Rs 372.60

• G% = 4%

• G% = 8%

• L% = 4%

• L% = 8%

A student buys a pen for Rs 90 and sells it for Rs 100. Find his gain percent.

• 100/9 %

• 110/9 %

• 111/9 %

• 99/9 %

Find the cost price when:

SP = Rs 657.60 and loss% = 4%

• C P = Rs. 657

• C P = Rs. 685

• C P = Rs. 678

• C P = Rs. 675