Chapter Mock 4: Profit and Loss Questions

Browse questions from Chapter Mock 4: Profit and Loss. Each question has options and an explanation.

Questions — Page 1 of 2

  1. An article is sold for Rs $960$ at a profit of $20\%$. Its cost price is:
  2. A shopkeeper marks an article at Rs $800$ and gives a discount of $10\%$. If the cost price is Rs $600$, the profit percentage is:
  3. A trader sells one article at a profit of $15\%$ and another at a loss of $10\%$. If both cost the same, the overall result is:
  4. If the marked price of an item is Rs $1500$ and the discount is $20\%$, the selling price is:
  5. A product is sold at a loss of $12\%$ for Rs $704$. The cost price is:
  6. If an article gives a profit of $20\%$ on cost price, then the profit percentage calculated on selling price is:
  7. If the selling price of $12$ articles equals the cost price of $15$ articles, the gain percentage is:
  8. Two items are each sold for the same price. One gives a gain of $25\%$ and the other a loss of $25\%$. The overall result is:
  9. Two successive discounts of $50\%$ and $50\%$ are equivalent to a single discount of:
  10. A fruit seller buys equal numbers of fruits at $11$ for Rs $10$ and $9$ for Rs $10$, and sells all at Re $1$ each. The result is:

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