Profit Loss Discount -practice

19 Questions

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Assessment Quizzes & Trivia

Dear Learner, This Assessment consists of questions to test your understanding on - Profit Loss Discount You may attempt the same and clarify doubts in WP Group. / With your Faculty Member Regards, Team SHIVAM


Questions and Answers
  • 1. 
    1/3 rd of a commodity is sold at 15% profit, 1/4 th is sold at 20% profit and the rest at 24% profit. If total profit of Rs 62 is earned , find the value of the commodity
    • A. 

      300

    • B. 

      310

    • C. 

      320

    • D. 

      340

  • 2. 
    If goods be purchased for Rs 450, and 1/3 be sold at a loss of 10% , at what gain % the remainder be sold to gain 20% on the whole
    • A. 

      25%

    • B. 

      35%

    • C. 

      45%

    • D. 

      65%

  • 3. 
    A man buys 400 oranges at 4 a rupee and 500 oranges at 2 a rupee. He mixes and sells them at 3 a rupee. Find his % loss or gain
    • A. 

      14-2/7 % Loss

    • B. 

      15 - 2/7 % Gain

    • C. 

      14 + 2/7 % Loss

    • D. 

      None of the Answers

  • 4. 
    A man bought two tabs for Rs 6900. He sold one at 10% profit and the other at 20% profit aand found that each tab was sold at the same price. Find the cost price of the two tabs
    • A. 

      2000, 3000

    • B. 

      3600 , 3300

    • C. 

      3600, 3000

    • D. 

      4000, 3600

  • 5. 
    By selling toffees at 32 a rupee , a man loses 40%. How many for a rupee should he sell to gain 20%
    • A. 

      14

    • B. 

      16

    • C. 

      18

    • D. 

      29

  • 6. 
    A dealer bought a horse at 20% discount on its original price. He sold it at 40% increase on original price Find his profit %
    • A. 

      65%

    • B. 

      75%

    • C. 

      86%

    • D. 

      80%

  • 7. 
    A buys a horse for 9000. He sells it to B at 10% loss. Later B sells it back to A at 10% gain. Find A’s loss in the whole transaction
    • A. 

      7%

    • B. 

      8%

    • C. 

      9%

    • D. 

      10%

  • 8. 
    Two cows are sold at Rs 720 each , the 1st at 25% profit and the 2nd at 25% loss. What is the % loss or gain in the whole transaction
    • A. 

      6.25% Loss

    • B. 

      6.25% Gain

    • C. 

      7.25 % Loss

    • D. 

      8.2 % Gain

  • 9. 
    What will be the % profit after selling an article at a certain price if there is a loss of 12.5% , when the article is sold at half of the previous selling price ?
    • A. 

      25%

    • B. 

      45%

    • C. 

      75%

    • D. 

      85%

  • 10. 
    An article when sold for Rs 200 fetches 25% profit. What would be profit / loss % if 6 articles are sold for Rs 1056?
    • A. 

      10% Loss

    • B. 

      10 % Profit

    • C. 

      5% Loss

    • D. 

      5% Profit

  • 11. 
    An additional discount of 20% is given after giving a discount of 30%. If one pays Rs 1120 , find the listed price
    • A. 

      3000

    • B. 

      4000

    • C. 

      2000

    • D. 

      2400

  • 12. 
    2 chairs and 3 tables cost Rs 1025 . 3 chairs and 2 tables cost Rs 1100 . Find difference in cost of 1 table and 1 chair
    • A. 

      75

    • B. 

      35

    • C. 

      125

    • D. 

      None

  • 13. 
    A sells a horse to B for Rs 4860 losing 19%. B sells it to C at a price which would have given A 17% profit. Find B’s gain
    • A. 

      2160

    • B. 

      2610

    • C. 

      1260

    • D. 

      2260

  • 14. 
    Profit if sold at Rs 425 is same as loss if sold at Rs 355. Find the cost
    • A. 

      385

    • B. 

      390

    • C. 

      395

    • D. 

      400

  • 15. 
    Find CP of an article which on being sold at a gain of 12 % yields Rs 6 more than when it is sold at a loss of 12 %
    • A. 

      30

    • B. 

      25

    • C. 

      20

    • D. 

      24

  • 16. 
    Nitin bought a TV with 20% discount on marked price. Had he bought it with 25% discount he would have saved Rs 500. At what price did he buy the TV ?
    • A. 

      5000

    • B. 

      10000

    • C. 

      8000

    • D. 

      None of the Answers

  • 17. 
    Successive discounts of 10% , 20% and 40% is equal to a single discount of
    • A. 

      50%

    • B. 

      56.80%

    • C. 

      70%

    • D. 

      70.28%

  • 18. 
    A merchant makes 25% profit by selling mangoes at a certain price. If he charges Re 1 more on each mango , he would gain 50% , find the cost price of each mango
    • A. 

      3

    • B. 

      5

    • C. 

      4

    • D. 

      6

  • 19. 
    Oranges are bought at 21 for a rupee. How many must be sold a rupee to gain 5%
    • A. 

      20

    • B. 

      18

    • C. 

      16

    • D. 

      19