This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 40 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 40 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Calculate the percentage profit if an item is bought for $ 175 and sold for $ 236.25. A) 33%. B) 25.9%. C) 74%. D) 35%. Show Answer Correct Answer: D) 35%. 2. Who would be pleased if they looked at a profit and loss account and it showed a loss? A) Competitors. B) Investors. C) Shareholders or Lenders. D) The Inland Revenue. Show Answer Correct Answer: A) Competitors. 3. A man buys a fan for Rs. 1000 and sells it at a loss of 15%. What is the selling price of the fan? A) Rs.150. B) Rs.300. C) Rs.850. D) Rs. 250. Show Answer Correct Answer: C) Rs.850. 4. CP = 70, SP = 80, P =? A) 10. B) 150. C) 50. D) 100. Show Answer Correct Answer: A) 10. 5. Overhead charges are always added to A) Selling Price. B) Cost Price. C) Loss. D) Profit. Show Answer Correct Answer: B) Cost Price. 6. If CP = Rs. 120 and loss = Rs. 10, SP = A) Rs. 130. B) Rs. 110. C) Rs. 120. D) Rs.135. Show Answer Correct Answer: B) Rs. 110. 7. Find the profit: CP = $ 120, SP = $ 180 A) $ 80. B) $ 20. C) -$ 20. D) $ 60. Show Answer Correct Answer: D) $ 60. 8. If the cost of 21 articles is equal to the selling price of 18 articles then find the profit percent. A) 69 %. B) 32.62 %. C) 16.67 %. D) Incomplete question. Show Answer Correct Answer: C) 16.67 %. 9. Find the profit: CP = Rs120, SP = Rs180 A) Rs 80. B) Rs 20. C) Rs 30. D) Rs 60. Show Answer Correct Answer: D) Rs 60. 10. Addison ordered a dozen fancy pens to sell at her school carnival. She sold all of them for $ 4 each. She paid $ 20 for the dozen pens and $ 3.50 for shipping. How much profit did she earn when she sold the dozen fancy pens? A) $ 24.50. B) $ 48. C) $ 28. D) $ 44.50. Show Answer Correct Answer: A) $ 24.50. ← 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