Profit and loss test 1-12

Profit and loss test 1-12

Professional Development

12 Qs

quiz-placeholder

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Profit and loss test 1-12

Profit and loss test 1-12

Assessment

Quiz

Mathematics

Professional Development

Practice Problem

Hard

Created by

Thirumoorthy Rathinakumar

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12 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Aman sold a computer at Rs 3500 and made a loss of 30%. At what price should he sell the computer if he wants to make a profit of 20%?

Rs 4000

Rs 6000

Rs 5000

Rs 5200

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The percentage profit earned by selling an object for Rs. 2420 is equal to the percentage loss by selling the same object for Rs. 1580. At what price should the object be sold to make 25% profit?

Rs. 2000

Rs. 2200

Rs. 2500

Rs. 2800

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A loss of 30% is made by selling an item. Had it been sold for Rs 260 more, there would have been a profit of 10%. What would be the selling price of the item if it is sold at 25% profit?

Rs 980

Rs 1020

Rs 812.5

Rs 1120

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Cost price of 10 books is equal to the selling price of 6 books. Find the profit / loss %?

20% loss

50% loss

33.33% profit

66.67% profit

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

By selling 44 m. cloth, a shopkeeper loses money equivalent to selling price of 6 m. Find his loss percentage.

20 %

12 %

13.6 %

50 %

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

 If the selling price is doubled, then the profit quadruples. What is the profit percent?

100%

50%

150%

200%

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

On selling 30 balls at Rs 600 there is a loss equal to the cost price of 10 balls. The cost price of a ball is?

Rs 20

Rs 25

Rs 30

Rs 35

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