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Profit and Loss

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

1. . By selling 33 m of carpet, a man loses an amount equal to the selling price of 3 m of carpet. Find his gain or loss per cent.

a)

25/3%

b)

20/4%

c)

24/3%

d)

4.3%

2.

2. Ronald buys a geyser for $ 3680 and sells it at a gain of 7¹/₂%. For how much does he sell it?

a)

$4596

b)

$ 3956

c)

$3459

d)

$5678

3.

3. Jenny buys a calculator for $ 720 and sells it at a loss of 6²/₃)%. For how much does she sell it?

a)

$780

b)

$672

c)

Cant tell

4.

4. Mr Virmani purchased a house for Rs 365000 and spent Rs 135000 on its repairs. If he sold it for Rs 550000, find his gain percent.

a)

20%

b)

15%

c)

5%

d)

10%

5.

5. What is the formula of profit?

a)

Selling Price - Cost Price

b)

Cost price- Selling Price

c)

Loss - Cost price

d)

All of the Above

6.

6. Find the SP when CP = Rs 950, gain.

a)

7%

b)

6%

c)

9%

d)

4%

7.

7. Find the SP when:

CP = Rs 950, gain = 6%

a)

1207

b)

1070

c)

1007

d)

1190

8.

8. An article is bought for ₹500 is sold at the profit of 30%. Find the selling price.

a)

120

b)

140

c)

150

d)

190

9.

9. Find the gain or loss percent, if:

C.P. = ₹ 200 and S.P. = ₹ 224

a)

50%

b)

5%

c)

19%

d)

12%

10.

10. Loss = S.P- C.P

a)

True

b)

False