Free Printable Profit, Loss and Discount

1.

Formula to find profit % is :

a)

$\frac{SP-CP}{SP}×100\%$

b)

$\frac{SP-CP}{CP}×100\%$

c)

$\frac{CP-SP}{CP}×100\%$

d)

None

2.

If an article was sold by gaining Rs. 800 for Rs. 2700, at what price it was bought?

(a)

3.

Ramesh bought a pen drive for Rs. 500 and sold it for Rs. 560. What his profit percent?

a)

12%

b)

10%

c)

8%

d)

15%

4.

By selling a table for Rs. 244 a shopkeeper makes a loss of Rs.36, at what price should it be sold it to gain Rs.50?

(a)

5.

Binod bought a TV at Rs. 20000. What was his selling price, if he sold the TV at a loss of 2.5%?

a)

Rs. 18500

b)

Rs. 19500

c)

Rs. 20500

d)

Rs. 18000

6.

A shopkeeper sold an article at a loss ot 10%. Had it been sold for Rs.60 more, there would have profit of 10%, what is the cost price of the article?

a)

Rs.500

b)

Rs.400

c)

Rs.300

d)

Rs.200

7.

A man bought 2 dozen of copies for Rs.288 and sold at Rs. 15 each. What is his profit amount?

a)

Rs. 180

b)

Rs.360

c)

Rs.400

d)

Rs. 720

8.

Neelam bought a second hand mobile set for Rs. 8000 and spent Rs. 2000 for repairing. If it was sold at Rs. 16000. What is her profit or loss %?

a)

60% Profit

b)

50% Profit

c)

50% Loss

d)

20% Loss

9.

What is the profit percent when 8 pens are sold at the cost price of 10 pens?

a)

20%

b)

10%

c)

25%

d)

50%

10.

If 6 lemons are bought for Rs. 5 and sold 5 for Rs.6, what is the profit percent?

a)

35%

b)

48%

c)

44%

d)

50%

11.

Formula to find the SP, when CP and loss percent (L%) given is:

a)

$SP=\frac{CP\left(100-L\%\right)}{100}$

b)

$SP=\frac{CP\left(100+L\%\right)}{100}$

c)

$SP=\frac{CP×100}{100-L\%}$

d)

None

12.

Which one is not true?

a)

MP can be equal to SP.

b)

SP cannot be greater than MP

c)

MP is always less than SP

d)

SP cannot be greater than MP but they can be equal

13.

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

a)

Rs.5000

b)

Rs.4960

c)

Rs.4690

d)

Rs.4880

14.

A shopkeeper allowed 15% discount in a mobile. If a customer paid Rs.7225 for the mobile, what is its Marked price?

a)

Rs.9000

b)

Rs.7000

c)

Rs.6500

d)

Rs.8500

15.

The labelled price of a laptop is Rs.55000. A shopkeeper allowed 5% discount on it. If the cost price of the laptop is Rs.50000, what is his profit percentage?

a)

6.5%

b)

5.5%

c)

4.5%

d)

3.5%

16.

Which formula is correct?

a)

$Discount=MP-SP$

b)

$Discount=D\%\ of\ MP$

c)

$CP-Loss=MP-Discount$

d)

All the given options

17.

Gaurika bought a dress for Rs.2500 and tagged its price 20% above the cost price. If she allows 10% discount to the customer, what is her profit percent?

a)

5%

b)

6%

c)

7%

d)

8%

18.

Formula to find Discount % is:

a)

$D\%=\frac{Actual\ \Pr ofit}{CP}×100\%$

b)

$D\%=\frac{Actual\ Loss}{CP}×100\%$

c)

$D\%=\frac{Actual\ Discount}{SP}×100\%$

d)

$D\%=\frac{Actual\ Discount}{MP}×100\%$

Profit, Loss and Discount

Total questions: 18

Worksheet time: 44mins

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