WorksheetsProfit and loss
Total questions: 10
Worksheet time: 5mins
1) The money which is paid by purchaser to buy an article is called _______________.
a) Cost Price
b) Selling Price
c) Profit
d) Loss
2) If the selling price of the article is less than its cost price, then the article is said to be sold
a) loss
b) Profit
c) Both
d) None of these
3) Overhead charges are always added to
a) Selling Price
b) Cost Price
c) Loss
d) Profit
4) Gain or Loss is expressed as a percentage of
a) Selling Price
b) Cost Price
c) Both
d) None of these
5) If Cost price is RS 500 and actual profit is Rs 25 find the Profit %
a) 4%
b) 6%
c) 7%
d) 5%
6) Om Sold a book for Rs 120 at a profit of Rs 40. Find his Profit %
a) 10%
b) 20%
c) 30%
d) 50%
7) By selling a laptop for Rs 23,000 a dealer earns a profit of 15% its cost price is
a) Rs 20,000
b) Rs 30,000
c) Rs 40,000
d) 50,000
8) Neetu buys a dress for Rs 2000 and sells it at 10% loss. Find the selling Price
a) Rs 1600
Rs 1700
Rs 1800
Rs 1900
9)Samar purchased a bicycle for Rs 4200 and spent Rs 800 on its repairs. He had to sell it for Rs 4500 then there is
a) Loss of 10%
b) Gain of 10%
c) Loss of 30%
d) Gain of 30%
10) If shopkeeper sells a wrist watch for Rs 720 makes a profit of 20%, its cost price is
a) Rs 300
b) Rs 500
c) Rs 600
d) 700
