Profit loss


5 Questions MCQ Test | Profit loss


Description
Attempt Profit loss | 5 questions in 10 minutes | Mock test for Banking Exams preparation | Free important questions MCQ to study for Banking Exams Exam | Download free PDF with solutions
QUESTION: 1

A scooter and a bike were sold for rs. 9100 each. The scooter was sold at a loss of 30% and the bike at a gain of 30%. The entire transactions has resulted in how much amount loss?

Solution:
QUESTION: 2

Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%?

Solution:

Cost price = Rs. 480 Rs. 
Profit = 480 × 10% = 48 
S. P. = 480 + 48 = 528 Rs. 
Discount % = 4% 
Discount is always given on the marked price, 
So x × 96%  = 528 x = 550 Rs.

QUESTION: 3

The cost price 20 articles is the same as the selling price of x articles . If the profit is 25%, then the value of x is,

Solution:
QUESTION: 4

A loss of 19% is converted to profit of 17%, when the selling price of articles is increased by rs. 360. Find the cost price of article.

Solution:
QUESTION: 5

A person earns a profit of 20% by selling the pen after allowing a discount of 15% . If marked price of the pen is 600. Then find the cost price of the pen.

Solution:
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