This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 35 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 35 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Dheena got a pen for 10 rupees. This is? A) Cost price. B) Selling price. C) Discount. D) GST. Show Answer Correct Answer: A) Cost price. 2. Emma sold her old bike for $ 150. She originally bought it for $ 100. What is her gain from selling the bike? A) $ 50. B) $ 100. C) $ 75. D) $ 25. Show Answer Correct Answer: A) $ 50. 3. Calculate the profit or loss for the following:Sale price is $ 540 and the cost price is $ 284. A) Profit of $ 256. B) Profit of $ 284. C) Loss of $ 256. D) Loss of $ 284. Show Answer Correct Answer: A) Profit of $ 256. 4. A house was purchased for Rs. 15525 and sold for Rs. 14575. What is the loss or profit in this transaction? A) Profit Rs.950. B) Loss Rs.950. C) Loss Rs. 850. D) Loss Rs. 1051. Show Answer Correct Answer: B) Loss Rs.950. 5. Michelle walks dogs for $ 5 each. She has no expenses to begin her business. After walking how many dogs will she have a profit of $ 25? A) 10. B) 1. C) 5. D) 8. Show Answer Correct Answer: C) 5. 6. If the cost price of an item is Rs200 and the selling price is Rs250, what is the profit percentage? A) 20%. B) 30%. C) 15%. D) 25%. Show Answer Correct Answer: D) 25%. 7. Randy is making wooden signs to sell at a craft fair. It costs him $ 6.35 to make each sign. If he sells one for $ 10.00, how much profit will he make on each sign? A) $ 16.35. B) $ 3.65. C) $ 4.35. D) $ 3.64. Show Answer Correct Answer: B) $ 3.65. 8. Fred made a profit of $ 20.00 by selling his bat for $ 60.80. What was the COST PRICE of his bat? A) $ 40.80. B) $ 45.80. C) $ 50.80. D) $ 55.80. Show Answer Correct Answer: A) $ 40.80. 9. A mobile, when sold at a profit of 6% then earns ' 870 more than when it is sold at a loss of 6%. What is the cost price of the mobile phone? A) ' 6000. B) ' 7000. C) ' 6265. D) ' 7250. Show Answer Correct Answer: D) ' 7250. 10. Loss = A) SP-CP. B) SP + CP. C) CP-SP. D) None of the above. Show Answer Correct Answer: C) CP-SP. ← 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