# HSBC Profit and Loss Questions and Answers Quiz-1

Question 1

Time: 00:00:00
To earn an extra profit, a shopkeeper mixes 30 kg of dal purchased at Rs.36/kg and 26 kg of dal purchased at Rs.20/kg. What will be the profit that he will make if he sells the mixture at Rs.30/kg?

Rs.60

Rs.60

Rs.80

Rs.80

Rs.50

Rs.50

Rs.100

Rs.100

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Question 2

Time: 00:00:00
Ashif sold an article for Rs 315 at a profit of 5%. What would have been the loss incurred by him it was sold for Rs. 275?

7.625%

7.625%

4.5%

4.5%

6.25%

6.25%

8.33%

8.33%

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Question 3

Time: 00:00:00
Atul sold two mobiles for Rs.9900 each. At one mobile, he gained 10% and on other, he lost 10%. Find his gain or loss in a transaction?

Loss 1%

Loss 1%

Neither loss Nor gain

Neither loss Nor gain

Gain 1%

Gain 1%

None of the mentioned options

None of the mentioned options

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Question 4

Time: 00:00:00
If the selling price of an article is (4/3)rd of its cost price, then find the profit/loss percent.

33% loss

33% loss

35% loss

35% loss

33% profit

33% profit

32% gain

32% gain

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Question 5

Time: 00:00:00
A Shopkeeper allows a discount of 20% on the marked price but charges 5% sales tax on the marked price and 5% service tax on the discounted price. If the customer pays Rs. 2670 as price including tax, then what is marked price of the item?

3245

3245

3000

3000

2670

2670

2700

2700

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Question 6

Time: 00:00:00
The retail price of a toothpaste of 140 grams is Rs 40, the shopkeeper gives a toothbrush whose actual price is Rs 10, free with it and still gains 25%. The cost price of the toothpaste is :

36

36

24

24

30

30

none of the mentioned options.

none of the mentioned options.

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Question 7

Time: 00:00:00
At what rate percent CI does a sum of money become nine fold in 2 years?

100%p.a

100%p.a

300%p.a

300%p.a

200%p.a

200%p.a

400%p.a

400%p.a

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Question 8

Time: 00:00:00
To earn an extra profit, a shopkeeper mixes 30 kg of dal purchased at Rs.36/kg and 26 kg of dal purchased at Rs.20/kg. What will be the profit that he will make if he sells the mixture at Rs.30/kg?

8%

8%

5%

5%

10%

10%

none of these

none of these

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Question 9

Time: 00:00:00
A sum of Rs 468.75 was lent out at simple interest and at the end of 1 year and 8 months, the total amount of Rs 500 is received. find the rate of interest?

2%

2%

4%

4%

1%

1%

3%

3%

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Question 10

Time: 00:00:00
The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent?

101/9 %

101/9 %

100/9 %

100/9 %

102/9 %

102/9 %

103/9 %

103/9 %

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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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