This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 29 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 29 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. If CP = Rs.2400 and SP = Rs. 2592, then Gain % = A) 5%. B) 8%. C) 10%. D) 12%. Show Answer Correct Answer: B) 8%. 2. A shopkeeper buys tshirt for Rs 600 and sells it for Rs 678. Find his profit percent. A) 12%. B) 13%. C) 14%. D) 15%. Show Answer Correct Answer: B) 13%. 3. Ben bought a hoverboard for Rs.45000 and sold it for Rs.34000. Is it a profit or a loss? A) Profit. B) Loss. C) Don't know. D) None of above. Show Answer Correct Answer: B) Loss. 4. After allowing a discount of 8% on a toy, it is sold for Rs 216.20. Find the marked price of the toy. A) Rs.950. B) Rs.265. C) Rs.235. D) Rs.340. Show Answer Correct Answer: C) Rs.235. 5. Which term is used to describe the financial loss incurred when the selling price is less than the cost price? A) Loss. B) Profit. C) Investment. D) Share. Show Answer Correct Answer: A) Loss. 6. If Selling price > Cost price, it will be A) Profit. B) Loss. Show Answer Correct Answer: A) Profit. 7. How to find whether an object is selling at a profit? A) Selling price < Cost price = Profit. B) Selling price > Cost price = Profit. Show Answer Correct Answer: B) Selling price > Cost price = Profit. 8. Portion of Profit distributed to the shareholder is A) Interest. B) Dividend. C) Tax. D) Earnings. Show Answer Correct Answer: B) Dividend. 9. Ram sells an article for Rs 360 and gained 20%.Find its Cost Price. A) Rs 400. B) Rs 300. C) Rs 450. D) Rs 600. Show Answer Correct Answer: B) Rs 300. 10. Donovan made a picnic table to sell for profit. He made a list about what he did:*price paid for wood: $ 45*price paid for nails: $ 5*cost of paint: $ 10*selling price: $ 100What was Donovan's profit from selling the table? A) $ 55. B) $ 60. C) $ 40. D) $ 50. Show Answer Correct Answer: C) $ 40. ← 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