Profit and Loss Quiz-1

Question 1

Time: 00:00:00

Tom Hanks sells 320 Books at the cost price of 400 Books. What is his profit percent?

33.33%

25%

40%

30%

Question 2

Time: 00:00:00

Successive discounts of 5%, 10% and 20% is equivalent to a single discount of:

31.6%

27.8%

19.7%

35%

Question 3

Time: 00:00:00

Eric Clapton has a collection of watches.He saw a watch whose marked price was Rs 720. He Purchased the same for Rs 550.80 after getting two successive discounts, the first being 10%. The second discount rate is?

20%

15%

12%

18%

Question 4

Time: 00:00:00

Ajay Devgan buys 240 Vimal for Rs 600. Some of these Vimal are bad and are thrown away. He sells the remaining Vimal at Rs 3.50 each and makes a profit of Rs 198. The percentage of Vimals thrown away are:

3%

4%

5%

6%

Question 5

Time: 00:00:00

Virat Kohli purchased a bowling machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.

15000

20000

22000

24000

Question 6

Time: 00:00:00

Salman Khan bought two bicycles for Rs. 2500 each. If he sells one at a profit of 5%, then how much should he sell the other so that he makes a profit of 20% on the whole?

28

35

30

32

Question 7

Time: 00:00:00

Leo Tolstoy sold a product for ₹ 2400 and made a profit of 25% in the process. Find his profit percent if he had sold his goods for ₹2040.

5%

6.5%

6.25%

12%

Question 8