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Profit & Loss Aptitude Skills

Authored by Radhakrishnan Raki

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Professional Development

Used 1+ times

Profit & Loss Aptitude Skills
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the profit percentage if the cost price is $500 and the selling price is $700.

50%

30%

40%

25%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the selling price if the cost price is $300 and the profit percentage is 20%.

$340

$360

$280

$320

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the cost price if the selling price is $450 and the profit percentage is 25%.

$400

$360

$420

$480

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Analyzing loss percentage: If the cost price is $800 and the selling price is $700, calculate the loss percentage.

12.5%

20%

15%

10%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compare the profit and loss: If the cost price is $400 and the selling price is $450, determine if there is a profit or loss.

No profit no loss

Profit

Loss

Break-even

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the profit percentage if the cost price is $1200 and the selling price is $1500.

25%

15%

20%

30%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the selling price if the cost price is $250 and the profit percentage is 30%.

$340

$310

$325

$275

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