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If the Cost Price of one book is Rs. 10/- and the Selling Price is Rs. 12/-, what is the Profit or Loss on 100 books? |
| A) 2
B) 20
C) 100
D) 200
Correct Answer : 200 Explanation : Cost Price of 100 book will , 10*100 =1000 So, Profit = SP - CP (if SP > CP), Profit = 1200 - 1000 = 200 rupees |
If the Selling Price is Rs. 6/- and loss is Rs. 0.50 ps, what is the Cost Price? |
| A) 5
B) 5.50
C) 6
D) 6.50
Correct Answer : 6.50 Explanation : Loss = CP - SP |
If the Cost Price is Rs. 640/- and Selling Price is Rs. 680/- What is the Profit percentage? |
| A) 5 %
B) 6.25 %
C) 6 %
D) 7 %
Correct Answer : 6.25 % Explanation : Profit = SP - CP = 680 - 640 = 40 |
If the Cost Price is RS. 528/- and Profit is Rs. 44/- What is the Selling Price and what is the profit percentage? |
| A) 572 , 7.69 %
B) 525 , 7 %
C) 672 , 5.69 %
D) 611 , 5.5 %
Correct Answer : 572 , 7.69 % Explanation : Profit = SP - CP |
An animal trader buys a calf for Rs. 800/- and sells at a profit of 10%what is the selling price of the calf? |
| A) 700
B) 800
C) 880
D) 900
Correct Answer : 880 Explanation : Profit % = Profit/CP * 100 Profit = 80 = SP - CP |
An animal trader burs a cow for Rs. 1200/- and sells at a loss of 25/3 %. What is the Selling Price of the cow? |
| A) 1000
B) 1100
C) 1200
D) 1400
Correct Answer : 1100 Explanation : Loss % = Loss/CP * 100 Loss = 100 = CP - SP ( CP > SP ) |
An animal trader buys a calf and a cow at Rs. 800/- and Rs. 1200/- respectively and sells them at 10% profit and 25/3 % loss respectively, what shall be profit or loss percentage on the whole? |
| A) 1% Loss
B) 2% Loss
C) 3% Loss
D) 4% Loss
Correct Answer : 1% Loss Explanation : After resolving - Profit % = Profit/CP * 100 Loss % = Loss/CP * 100
Loss = CP - SP ( CP > SP ) = 2000 - 1980 = 20 |
A purchased an article for Rs. 96/- and sold it at a profit of Rs. 25/3 % to B. If B sells it at a loss of 5% what shall be the Selling Price of B? |
| A) 90
B) 98.8
C) 102
D) 108
Correct Answer : 98.8 Explanation : Cost price when A buys an article = 96 Cost Price when B buys an article = 104 |
Selling a pack of incense sticks for 136 Rs resulted in a loss of 15%. To make a profit of 10%, the selling price should be ? |
| A) 160
B) 176
C) 170
D) 149.60
Correct Answer : 176 Explanation : Let X be cost price. if sold at 15% loss on the sale price 136 then to make 10% profit the sale price should be |
The cost price of 20 articles is equal to the selling price of 16 articles. Find the gain or loss percent? |
| A) 20% gain
B) 20% loss
C) 25% gain
D) 20% loss
Correct Answer : 25% gain Explanation : Let for an articles cp =x , sp =y cp of 20 articles =20*x , cp of 16 articles =16*y As is given, 20*x=16*y Gain% = (sp-cp / cp)*100 (Sp > CP) |