Profit and Loss

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.

• 25/3%

• 20/4%

• 24/3%

• 4.3%

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

• $4596

• $ 3956

• $3459

• $5678

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

• $780

• $672

• Cant tell

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.

• 20%

• 15%

• 5%

• 10%

5. What is the formula of profit?

• Selling Price - Cost Price

• Cost price- Selling Price

• Loss - Cost price

• All of the Above

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

• 7%

• 6%

• 9%

• 4%

7. Find the SP when:

CP = Rs 950, gain = 6%

• 1207

• 1070

• 1007

• 1190

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

• 120

• 140

• 150

• 190

9. Find the gain or loss percent, if:

C.P. = ₹ 200 and S.P. = ₹ 224

• 50%

• 5%

• 19%

• 12%

10. Loss = S.P- C.P

• True

• False