This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 60 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 60 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. My total costs are Php 50,000 when selling 100 items. My fixed costs are Php 20,000. What must be the variable cost of one item? A) Php 300. B) Php 500. C) Php 200. D) Cannot be calculated. Show Answer Correct Answer: A) Php 300. 2. When the dealer sold a car for $ 14 300, he made a profit of 10%.Calculate how much the dealer paid for the car? A) $ 15 730. B) $ 13 000. C) $ 1 430. D) None of above. Show Answer Correct Answer: B) $ 13 000. 3. What was the selling price of the football that Tom bought for $ 135 and sold at a profit of $ 20? A) $ 115. B) $ 125. C) $ 145. D) $ 155. Show Answer Correct Answer: D) $ 155. 4. If a company's net profit margin is 15%, what does it indicate? A) The company is not making any profit at all. B) The company is generating 15 cents of revenue for every dollar of profit. C) The company is losing 15 cents for every dollar of revenue. D) The company is generating 15 cents of profit for every dollar of revenue. Show Answer Correct Answer: D) The company is generating 15 cents of profit for every dollar of revenue. 5. Doni bought shoes for Rp100,000 and sold them for Rp120,000. A) Profit. B) Loss. Show Answer Correct Answer: A) Profit. 6. ? = Cost price-Selling price A) Profit. B) Profit %. C) Loss. D) Loss %. Show Answer Correct Answer: C) Loss. 7. What will occur if S.P = Rs 700 and C.P = Rs 800 A) Loss = 100. B) Profit = 100. C) Discount = 100. D) None of them. Show Answer Correct Answer: A) Loss = 100. 8. Even after reducing the marked price of a transistor by Rs 32, a shopkeeper makes a profit of 15%. If the cost price was Rs 320, what percentage of profit would he have made if he had sold the transistor at the marked price? A) 10%. B) 20%. C) 25%. D) None of these. Show Answer Correct Answer: C) 25%. 9. A shopkeeper buys a chair for Rp400.000 and sells it for Rp370.000. The loss is ..... A) Rp20.000. B) Rp25.000. C) Rp30.000. D) Rp35.000. Show Answer Correct Answer: C) Rp30.000. 10. SP = Rs 700, Loss = Rs 70, what will CP? A) Rs 630. B) Rs 770. C) Rs 700. D) Rs 650. Show Answer Correct Answer: B) Rs 770. ← 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