This quiz works best with JavaScript enabled. Home > Unit V Mathematical Reasoning And Aptitude > Profit And Loss – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Profit And Loss Quiz 7 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A store bought 50 toys for $ 200. If they sell all the toys for $ 5 each, how much profit will they make? A) $ 100. B) $ 50. C) $ 150. D) $ 0. Show Answer Correct Answer: B) $ 50. 2. Ismail bought a radio for $ 200 and sold it at a profit of 25%.Find the selling price A) $ 250. B) $ 50. C) $ 225. D) None of above. Show Answer Correct Answer: A) $ 250. 3. A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent A) 1%. B) 2%. C) 3%. D) 4%. Show Answer Correct Answer: D) 4%. 4. Stephanie bought a cake for $ 220 and sold it for $ 209. Describe Stephanie's change in money after buying and selling the cake. A) 5% profit. B) 5% loss. C) 95% loss. D) 105% profit. Show Answer Correct Answer: B) 5% loss. 5. Find the Profit or Loss CP = 750, SP = 1,000 A) Profit of 250. B) Loss of 250. C) Loss of 100. D) Profit of 100. Show Answer Correct Answer: A) Profit of 250. 6. Calculate the profit or loss for the following:Sale price is $ 2 065 and the cost price is $ 3 120. A) Profit of $ 955. B) Profit of $ 1 055. C) Loss of $ 955. D) Loss of $ 1 055. Show Answer Correct Answer: D) Loss of $ 1 055. 7. Hadi bought a bicycle for Rp500,000 and sold it for Rp550,000. A) Profit. B) Loss. Show Answer Correct Answer: A) Profit. 8. Mila is making hairbows for her class project. Materials for each bow include:-$ 2 for ribbon-$ .50 for clips-$ .50 for jewelsIf Mila makes and sells each bow for $ 8, what is her profit on 12 bows? A) $ 96. B) $ 36. C) $ 60. D) Not Here. Show Answer Correct Answer: C) $ 60. 9. A shopman bought pens at the rate of 7 for Rs 10 and sold them at a profit of 40%. How many pens would a customer get for Rs 10? A) 6. B) 4. C) 5. D) 3. Show Answer Correct Answer: C) 5. 10. By selling a fan for $ 85.00, a lady made a profit of $ 25.00, what was the cost price of the fan? A) $ 55.00. B) $ 60.00. C) $ 65.00. D) $ 70.00. Show Answer Correct Answer: B) $ 60.00. ← 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 8Profit And Loss Quiz 9Profit And Loss Quiz 10Profit And Loss Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books