Following quiz provides Multiple Choice Questions (MCQs) related to Profit & Loss. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.
Q 1 - A book shop offers a book at an increase of 10%. On the off chance that he had purchased it at 4% less and sold it for Rs. 6 more, he would have picked up 75/4 %. The expense cost of the book is:
Let the C.P. be Rs x.Then, S.P. =Rs (110/100 * x) =Rs 11x/10.
New C.P. = 96% of Rs x=Rs (96/100 * x) =Rs 24x/25.
New S.P. =Rs (11x/10+6).
∴ (11x/10+6) =475/4% of 24x/25⇒11x+60/10=475/400*24x/25=57x/50
⇒550x+3000=570x
⇒20x=3000⇒x=150.
∴ C.P. =Rs 150.
Q 2 - Mohan purchased 20 feasting tables for rs. 12000 and sold them at a benefit equivalent to the offering cost of 4 eating tables. The offering cost of every eating table is:
Let the First S.P be Rs. x, gain%= 10%
∴ C.P = (100/110*X) = Rs. 10x/11, new S.P = Rs. 2x
Gain = Rs. (2x-10X/11) = Rs. 12x/11
Gain% = (12x/11 *11/10x*100) % = 120%
Q 4 - The benefit earned subsequent to offering an article for Rs. 625 is same as misfortune Caused subsequent to offering the articles for Rs. 435.The expense cost of the articles is:
C.P. of 8 toffees = Re. 1
S.P. of 8 toffees = 125% of Re. 1 = Rs 1.25=5/4
For Rs5/4 toffees sold = 8.
For Re. 1, toffees sold =8x( 5)/( 4)=10.
Q 7 - The aggregate expense cost of two watches is R. 840. One is sold at a benefit of 16% and the other at lost 12%. There is no misfortune or addition in the entire exchange. The expense cost of the watch on which the businessperson additions, is:
Let their C.P be rs. x and Rs. (840-x) resp. Then,
(116/100*x) + 88/100*(840-x) ⇒ 29x/25+ (22 (840-x)/25) = 840
⇒ (29x-22x) + 18480 =21000 ⇒ 7x =2520
∴ Required C.P = Rs. 360
Q 8 - Three no. are in the proportion 3:4:5. The total of the biggest and the littlest measures up to the third's entirety and 52. The littlest no. is?
Let the numbers be 3x, 4x and 5x.
(5x+3x) = 4x+52
=> 4x =52
=> x=13
Smallest no. = (3*13) = 39
Q 9 - A merchant purchases an article stamped at Rs 25000 with 20% and 5% off. He spends Rs 1000 on its repairs and offers it for Rs 25000. What is his addition or misfortune percent?
C.P = (95% of 80% of Rs. 25000)+(1000)
= Rs. {(95/100*80/100*25000)+1000}= Rs. 20000.
∴ C.P.=Rs 20000 and S.P.=Rs 25000.
Gain %=(5000/20000*100)%=25%.
Q 10 - A organization offers three sorts of progressive rebates. First: 25%, Furthermore, 15%, second: 30% and 10%, third: 35% and 5%. Which offer is better for a client?
