This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 44 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 44 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. If CP = Rs. 200 and SP = Rs. 195.50, then Loss = A) Rs. 5.50. B) Rs. 4.50. C) Rs. 3.50. D) Rs. 6.50. Show Answer Correct Answer: B) Rs. 4.50. 2. A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy? A) 30 dozens. B) 40 dozens. C) 50 dozens. D) 60 dozens. Show Answer Correct Answer: C) 50 dozens. 3. Maya buys a handbag for Rp95.000 and sells it for Rp125.000. The profit is ..... A) Rp20.000. B) Rp25.000. C) Rp30.000. D) Rp35.000. Show Answer Correct Answer: C) Rp30.000. 4. Which formula is correct? A) $Discount=MP-SP$. B) $Discount=D%\ of\ MP$. C) $CP-Loss=MP-Discount$. D) All the given options. Show Answer Correct Answer: D) All the given options. 5. Tono buys a bicycle for Rp850.000 and sells it for Rp900.000. The profit is ..... A) Rp40.000. B) Rp45.000. C) Rp50.000. D) Rp55.000. Show Answer Correct Answer: C) Rp50.000. 6. If an item is sold for $ 150 at a loss of 20%, what was the cost price? A) 187.5. B) 120. C) 200. D) 160. Show Answer Correct Answer: A) 187.5. 7. The price at which one sells any item is called as A) Selling price. B) Cost price. C) Profit. D) Gain. Show Answer Correct Answer: A) Selling price. 8. If CP = Rs. 200 and Profit% = 10%, then Profit is: A) Rs. 30. B) Rs. 25. C) Rs. 20. D) Rs. 15. Show Answer Correct Answer: C) Rs. 20. 9. What is the term for a financial gain, especially the difference between the amount earned and the amount spent? A) Profit. B) Loss. C) Investment. D) Expenditure. Show Answer Correct Answer: A) Profit. 10. Business experiences a ..... when the cost price is greater than the selling price. A) Markdown. B) Break-even. C) Profit. D) Loss. Show Answer Correct Answer: D) Loss. ← 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