This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 43 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 43 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What does S.P refers in profit and Loss? A) Selling Price. B) Short Price. C) Both of them. D) None of them. Show Answer Correct Answer: A) Selling Price. 2. If Cost price is RS 500 and actual profit is Rs 25 find the Profit % A) 4%. B) 6%. C) 7%. D) 5%. Show Answer Correct Answer: D) 5%. 3. Mark bought a cake mixer for $ 500 and sold it for $ 450. Calculate his PERCENTAGE loss. A) 90%. B) 50%. C) 10%. D) 5%. Show Answer Correct Answer: C) 10%. 4. Brooke made a blanket and sold it for a profit. She paid $ 20 for fabric and $ 3 for thread. She sold the blanket for $ 62.50. How much profit did Brooke earn? A) $ 42.50. B) $ 23. C) $ 85.50. D) $ 39.50. Show Answer Correct Answer: D) $ 39.50. 5. A man buys a cycle for Rs. 1800 and sells it at a loss of 10%. What is the selling price of the cycle? A) Rs. 1700. B) Rs. 1620. C) Rs. 1520. D) Rs. 1800. Show Answer Correct Answer: B) Rs. 1620. 6. CP = Rs 1000, SP is half of CP. What is the loss? A) Rs 1500. B) Rs 10000. C) Rs 500. D) Rs 2000. Show Answer Correct Answer: C) Rs 500. 7. If CP = Rs 600, Overheads = Rs 80, SP = Rs 720, then what is the profit or loss? A) Rs 50. B) Rs 55. C) Rs 60. D) Rs 40. Show Answer Correct Answer: D) Rs 40. 8. Which word describes the financial gain when revenue is more than expenses? A) Profit. B) Loss. C) Demand. D) Share. Show Answer Correct Answer: A) Profit. 9. You bought a skateboard for $ 60 and sold it for $ 55. What is your loss? A) $ 3. B) $ 15. C) $ 5. D) $ 10. Show Answer Correct Answer: C) $ 5. 10. A shopkeeper bought a pair of shoes for Rs 1620 and sold it at a profit of 25%. Find the selling price. A) 2000. B) 2025. C) 2500. D) 3000. Show Answer Correct Answer: B) 2025. ← 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