This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 11 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A radio was bought for $ 600.00 and sold for $ 700.00. What was the profit in dollars? A) $ 100.00. B) $ 10.00. C) $ 1.00. D) $ 0.00. Show Answer Correct Answer: A) $ 100.00. 2. Another word for 'profit' is A) Earnings. B) Dividends. C) Turnover. D) Active. Show Answer Correct Answer: A) Earnings. 3. Neetu buys a dress for Rs 2000 and sells it at 10% loss. Find the selling Price A) Rs 1600. B) Rs 1700. C) Rs 1800. D) Rs 1900. Show Answer Correct Answer: C) Rs 1800. 4. A jewelry store purchases necklaces from a distributor for $ 14 per necklace. The store marked up the price of the necklaces by 53%. What is the selling price of one necklace? A) $ 7.42. B) $ 67.00. C) $ 14.53. D) $ 21.42. Show Answer Correct Answer: D) $ 21.42. 5. If the cost price is Rs.500 and profit is Rs.100 then find the selling price A) 600. B) 100. C) 200. D) 400. Show Answer Correct Answer: A) 600. 6. Ram sold a bag for Rs 832 at 4% profit. At what price did she purchase the bag? A) 600. B) 700. C) 800. D) 900. Show Answer Correct Answer: C) 800. 7. James purchased a computer for $ 800 and sold it for $ 640. What is his percentage loss? A) 10%. B) 20%. C) 25%. D) 15%. Show Answer Correct Answer: B) 20%. 8. Joe paid $ 345 for a vase. He sold it at a profit of 180% of cost price. Find the selling price of the vase? A) 165. B) 525. C) 621. D) 966. Show Answer Correct Answer: D) 966. 9. A shopkeeper purchased an electric fan for Rs 1,560 and sold it at 5% profit. Find the actual profit. A) Rs. 78. B) Rs. 40. C) Rs. 25. D) Rs. 5. Show Answer Correct Answer: A) Rs. 78. 10. If CP =Rs. 500; SP = Rs.600 then find the profit % on SP. A) 20 %. B) 30 %. C) $16\ \frac{2}{3}\ %$. D) $16\ \frac{1}{3}\ %$. Show Answer Correct Answer: C) $16\ \frac{2}{3}\ %$. ← PreviousNext →Related QuizzesProfit And Loss Quiz 1Profit And Loss Quiz 2Profit And Loss Quiz 3Profit And Loss Quiz 4Profit And Loss Quiz 5Profit And Loss Quiz 6Profit And Loss Quiz 7Profit And Loss Quiz 8Profit And Loss Quiz 9Profit And Loss Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books