This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 30 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 30 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the cost price? A) 225 Baht. B) 180 Baht. Show Answer Correct Answer: B) 180 Baht. 2. If a business's costs exceeds it sales revenue, it will experience a .....? A) Loan. B) Profit. C) Loss. D) Debt. Show Answer Correct Answer: C) Loss. 3. Andi buys a bag for Rp120.000 and sells it for Rp150.000. The profit is ..... A) Rp20.000. B) Rp25.000. C) Rp30.000. D) Rp35.000. Show Answer Correct Answer: C) Rp30.000. 4. A video game store spent $ 8,000 to run their business last month. They made $ 9,000. Did they make a profit or have a loss? A) Profit. B) Loss. Show Answer Correct Answer: A) Profit. 5. A shopkeeper bought 60 pieces of an article at a rate of Rs. 40 per item.He sold 50 pieces at a 25% profit.The remaining 10 pieces were damaged and he sold them at a 20% loss.Find his overall profit percentage. A) 17.5%. B) 20%. C) 25.5%. D) 30%. Show Answer Correct Answer: A) 17.5%. 6. Maria sold a bicycle for $ 24900 at a profit of $ 600. Find the price at which she bought it. A) $ 24300. B) $ 600. C) $ 24900. D) None of above. Show Answer Correct Answer: A) $ 24300. 7. Evan earned $ 300 by doing yard work. His profit was $ 250. How much were his expenses? A) $ 550. B) $ 300. C) $ 250. D) $ 50. Show Answer Correct Answer: D) $ 50. 8. Denny has five kittens (K) that he wants to sell for $ 15.00 each. The cost to raise the kittens so far has been $ 10.00 each. What expression best represents how to find Denny's total profit (P)? A) P= 15K-10K. B) P=5K-10K. C) P=15K-5K. D) P=5K-5K. Show Answer Correct Answer: A) P= 15K-10K. 9. If the Cost Price is less than the Selling Price, then there will be a loss. A) True. B) False. Show Answer Correct Answer: B) False. 10. If the profit is Rs.600 and selling price is Rs. 4500 then the cost price is Rs. ..... A) 5000. B) 5100. C) 3900. D) 3800. Show Answer Correct Answer: C) 3900. ← 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