# Deloitte Profits and Loss Questions and Answers Quiz-1

Question 1

Time: 00:00:00
A merchant sold an article at 10% loss. If he had sold it Rs 450 more, 8% would have been gained on the cost price. Find the cost price?

1500

1500

1200

1200

2500

2500

1800

1800

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Question 2

Time: 00:00:00
The profit obtained by selling an article for Rs 480 is twice the loss obtained by selling for Rs 300. What is the cost price of the article?

Rs 120

Rs 120

Rs 180

Rs 180

Rs 150

Rs 150

Rs 360

Rs 360

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Question 3

Time: 00:00:00
On selling an article for Rs 1020, a merchant loses 15%. For how much price should he sell the article to gain 12% on it ?

Rs 1344

Rs 1344

Rs 1350

Rs 1350

Rs 1400

Rs 1400

Rs 1450

Rs 1450

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Question 4

Time: 00:00:00
A sells a camera to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs 450, what price did A pay for the camera?

Rs.300

Rs.300

Rs.240

Rs.240

Rs.460

Rs.460

Rs.360

Rs.360

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Question 5

Time: 00:00:00
A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?

Rs. 1100

Rs. 1100

Rs. 1200

Rs. 1200

Rs. 1000

Rs. 1000

Rs. 1300

Rs. 1300

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Question 6

Time: 00:00:00
A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

11 %

11 %

12 %

12 %

10 %

10 %

13 %

13 %

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Question 7

Time: 00:00:00
A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?

$833\frac{ 1}{3}$ grams.

$833\frac{ 1}{3}$ grams.

$833\frac{ 1}{4}$ grams.

$833\frac{ 1}{4}$ grams.

$833\frac{ 1}{2}$ grams.

$833\frac{ 1}{2}$ grams.

$833\frac{ 1}{5}$ grams.

$833\frac{ 1}{5}$ grams.

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Question 8

Time: 00:00:00
The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?

$16\frac{ 1}{2}$.% loss

$16\frac{ 1}{2}$.% loss

$16\frac{ 2}{3}$.% Profit

$16\frac{ 2}{3}$.% Profit

$16\frac{ 2}{3}$.% loss

$16\frac{ 2}{3}$.% loss

$16\frac{ 1}{2}$.% Profit

$16\frac{ 1}{2}$.% Profit

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Question 9

Time: 00:00:00
The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?

$15\frac{5}{15}$%

$15\frac{5}{15}$%

$18\frac{2}{11}$%

$18\frac{2}{11}$%

$16\frac{2}{3}$%

$16\frac{2}{3}$%

30%

30%

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Question 10

Time: 00:00:00
A reduction of 20% in the price of salt enables a lady to obtain 10kgs more for Rs.100, find the original price per kg?

2.5 kg

2.5 kg

2 kg

2 kg

2.25 kg

2.25 kg

2.3 kg

2.3 kg

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["0","40","60","80","100"]
["Need more practice! \r\n \r\n","Keep trying! \r\n \r\n","Not bad! \r\n \r\n","Good work! \r\n \r\n","Perfect! \r\n \r\n"]

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