Profit and Loss Set 4
We are here with the Profit and Loss exercise which is very important for competitive exams. Profit and Loss questions usually carry 3-5 marks in competitive exams.
1). Among the goods purchased by a trader, two-fifth were sold at 20% loss, and the remaining were sold at a profit. If on the whole 10% profit is made, what per cent of profit did the trader make on the remaining goods?
a) 15%
b) 20%
c) 30%
d) 40%
e) None of these
2). If Mohan’s profit on selling a pen is 20% of the selling price, what is his real profit percent?
a) 20%
b) 10%
c) 15%
d) 25%
e) None of these
3). If the total profit is 26% of selling price, then what percent of selling price is equal to the 34% of the purchasing price?
a) 20.36%
b) 25.16%
c) 17.16%
d) 24.76%
e) None of these
4). Priya purchased two mixers for Rs. 1500 and made a profit of 9% on one and loses 6% on the other. But overall there is no profit or loss, then the cost price of mixers are in the ratio:
a) 5 : 3
b) 2 : 3
c) 3 : 2
d) 3 : 5
e) None of these
5). An article is sold at 10% loss. Had it been sold for Rs 30 more, the loss would have been 5% only. What is the cost price of the article?
a) Rs. 500
b) Rs. 300
c) Rs. 200
d) Rs. 600
e) None of these
Answers to the quiz and More questions are attached in the Sehpaathi Test Application below
Sehpaathi Test Application: CHALLENGE YOURSELF
Test: Bnk_Quant_Profit-Loss-Set4
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