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Mathematics

12th Grade

CCSS covered

Used 2+ times

Profit and Loss Quiz
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Cost Price is Rs. 85 and Selling Price is 105, then what is the profit?

Rs. 15

Rs. 20

Rs. 25

Rs. 30

Tags

CCSS.6.NS.C.5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John bought an old motorbike for $5675 and spent $453 on its repair. Then he sold it for $7265. Find out the profit he made.

$1173

$1371

$1137

None of these

Tags

CCSS.7.NS.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If SP > CP, then profit is made from the transaction. Mark True / False.

True

False

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bob bought a cycle for Rs. 3725. After using it for a few months, he sold it for a loss of Rs. 589. Find the selling price of the cycle.

Rs. 3163

Rs. 3136

Rs. 3236

None of these

Tags

CCSS.6.NS.B.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Merry bought a house for Rs. 2756723. She stayed in that house for a few years and then sold it for a profit of Rs. 152780. Find the selling price of the house.

Rs. 2999503

Rs. 2099503

Rs. 2909503

None of these

Tags

CCSS.6.NS.B.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If CP > SP, then profit is made from the transaction. Mark True / False.

True

False

Tags

CCSS.7.NS.A.2A

CCSS.7.NS.A.2B

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The percentage ratio between profit and CP is called the profit percent. Mark True / False.

True

False

Tags

CCSS.6.RP.A.3C

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