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MCQs for topic: Profit and Loss

This topic has only 6 questions — full access available to everyone.

1

The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be:

2 By selling an article for Rs. 960 a man incurs a loss of 4%; what was the cost price?

3 By selling a car for Rs. 64,000, Mr. Rao lost 20%. Then the cost price of the car is:

4

A trader sold an item at a loss of 20%. Had he sold it for Rs 100 more, he would have gained a profit of 5%. What is the cost price of the item?

5

A T.V is sold at 8% gain. Had it been sold for Rs. 2553 less; there would have been loss of 15%. To gain 18% the selling price (in Rs.) of T.V. would be:

6

In a medical transaction, 17 times the cost price is equal to 8 times the sum of the cost price and the selling price. What is the gain or loss percentage?

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Question ID: 11317