CoCubes Profit and Loss Questions and Answers Quiz-1

Question 1

Time: 00:00:00

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent?

101/9 %

100/9 %

102/9 %

103/9 %

Question 2

Time: 00:00:00

A sum of Rs 468.75 was lent out at simple interest and at the end of 1 year and 8 months, the total amount of Rs 500 is received. find the rate of interest?

2%

4%

1%

3%

Question 3

Time: 00:00:00

To earn an extra profit, a shopkeeper mixes 30 kg of dal purchased at Rs.36/kg and 26 kg of dal purchased at Rs.20/kg. What will be the profit that he will make if he sells the mixture at Rs.30/kg?

8%

5%

10%

none of these

Question 4

Time: 00:00:00

At what rate percent CI does a sum of money become nine fold in 2 years?

100%p.a

300%p.a

200%p.a

400%p.a

Question 5

Time: 00:00:00

The retail price of 140gm pack of dabur honey is Rs 40, the shopkeeper gives a pack of honey free with it whose actual price is Rs 10 and still gains 25%. The cost price of the honey is :

36

24

30

none of the mentioned options.

Question 6

Time: 00:00:00

Atul sold two mobiles for Rs.9900 each. At one mobile, he gained 10% and on other, he lost 10%. Find his gain or loss in a transaction?

Loss 1%

Neither loss Nor gain

Gain 1%

None of the mentioned options

Question 7

Time: 00:00:00

A Shopkeeper allows a discount of 20% on the marked price but charges 5% sales tax on the marked price and 5% service tax on the discounted price. If the customer pays Rs. 2670 as price including tax, then what is marked price of the item?

3245

3000

2670

2700

Question 8

Time: 00:00:00

Ashif sold an article for Rs 315 at a profit of 5%. What would have been the loss incurred by him it was sold for Rs. 275?

7.625%

4.5%

6.25%

8.33%

Question 9