__PROFIT AND LOSS__
Q 1. If books bought at price
ranging from Rs. 200 to Rs. 325 are sold at price ranging from Rs. 300 to Rs.
450, what is the greatest possible profit that might be made in selling 8
books?

(i) Rs. 400

(ii) Rs. 600

(iii) Rs. 2000

(iv) can’t determine

(v) None

Q 2. A sells an article which
costs him Rs. 500 to B at a profit of 20%. B then sells it to C, making a profit of 10% on the price he paid to A. How much does C pay B?

(i) Rs. 472

(ii) Rs. 476

(iii) Rs. 528

(iv) Rs. 532

(v) None

Q 3. Ramesh purchased a machine
for Rs. 80,000 and spent Rs. 5000 on repair and Rs. 1000 on transport and sold
it with 25% profit. At what price did he sell the machine?

(i) Rs. 1,05,100

(ii) Rs. 1,06,250

(iii) Rs. 1,07,500

(iv) Rs. 1,17,500

(v) None

Q 4. A fruitseller sells bananas at the rate of
Rs. 8 per kg and thereby loses 25% . At what price per kg. he should have sold
them to make a profit of 25%?

(i) Rs. 11.81

(ii) Rs. 12

(iii) Rs. 12.25

(iv) Rs. 13.33

(v) None

Q 5. A property dealer sells a
house for Rs. 9,00,000 and in the commission makes 12.5%. Had he sold it for
Rs. 6,00,000 then what percentage of loss or gain have made?

(i) 25% loss

(ii) 10% loss

(iii) 25/ 2 % gain

(iv) 50/ 3 % gain

(v) None

Q 6. The ratio between the sell
price and the cost price of an article 7 : 5. What ratio between the profit and
the cost price of that article?

(i) 2 : 7

(ii) 5 : 2

(iii) 7 : 2

(iv) can’t determine

(v) None

Q 7. A man gains 20% by selling
an article for a certain price. If he sells it at double price , the percentage
of profit will be:-

(i) 40%

(ii) 100%

(iii) 120%

(iv) 140%

(v) None

Q 8. The profit earned by selling
an article for Rs. 900 is double the loss incurred when the same article is
sold for Rs. 450. At what price should the article be sold to make 25% profit?

(i) Rs. 600

(ii) Rs. 750

(iii) Rs. 800

(iv) can’t determine

(v) None

Q 9. Profit earned by selling an
article for Rs. 1060 is 20% more than the loss incurred by selling the article
for Rs. 950. At what price should the article be sold to earn 20% profit?

(i) Rs. 980

(ii) Rs. 1080

(iii) Rs. 1800

(iv) Rs. 1200

(v) None

Q 10. If the marked price of an
article is 20% more than its C.P. and a shopkeeper allows a discount of 10%.
Find his profit percent?

(i) 8%

(ii) 12%

(iii) 6%

(iv) 9%

(v) None

__ANSWERS__:- 1.(iii) 2.(v) 3.(iii) 4.(iv) 5.(i) 6.(v) 7.(iv) 8.(ii) 9.(iv) 10.(i)
MATHS QUIZ 6 for BANK/SSC
Reviewed by Priyanka
on
10:44:00
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