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Practice Questions Level 1: Profit, Loss & Discount - 1 - Notes | Study Level-wise Practice Questions for CAT Preparation - CAT

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This EduRev document offers 10 Multiple Choice Questions (MCQs) from the topic Profit, Loss & Discount (Level - 1). These questions are of Level - 1 difficulty and will assist you in the preparation of CAT & other MBA exams. You can practice/attempt these CAT Multiple Choice Questions (MCQs) and check the explanations for a better understanding of the topic.

Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:Harish bought a horse for $20,000 and sold it to Monika at a gain of 20%. Monika sold it to Sonu at a loss of 5%. Find the cost price for Sonu.
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:If the selling price (SP) of an article is 4/3 of its cost price (CP), the percentage profit in the transaction is
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:A man gains 10% by selling a certain article for a certain price. If he sells it at double the price, then the profit made is
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:An item for sale is marked down 20%. By what percent must it be marked up in order to return to the original selling price?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:Of all the articles manufactured by a company, 5% are defective. If the manufacturing cost of 100 articles is Rs. 1900, what should be the market price of the article so that the company gets 40% profit, even if it gives the articles to the distributor for 30% less price than the market price?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:By selling a cap for ₹ 29.75, a man gains 6.25%. What will be the CP of the cap?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:A machine costs ₹ 1025. If it is sold at a loss of 25%, what will be its cost price as a percentage of its selling price?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:A tablet is sold for ₹ 6612.5 at a profit of 15%. What would have been the actual profit or loss on it, if it had been sold for ₹ 5380?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:By selling bouquets for ₹ 69, a florist gains 15%. At what price should he sell the bouquets to gain 20%on the cost price?
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Question for Practice Questions Level 1: Profit, Loss & Discount - 1
Try yourself:A feeding bottle is sold for ₹ 150. Sales tax accountsfor one-fifth of this and profit one-third of the remainder.Find the cost price of the feeding bottle.
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The document Practice Questions Level 1: Profit, Loss & Discount - 1 - Notes | Study Level-wise Practice Questions for CAT Preparation - CAT is a part of the CAT Course Level-wise Practice Questions for CAT Preparation.
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