MATHS QUIZ 6 for BANK/SSC



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 MATHS QUIZ 6 for BANK/SSC Reviewed by Priyanka on 10:44:00 Rating: 5

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