InfyTQ Profit and Loss Quiz 1

Question 1

Time: 00:00:00
Daniel purchases an old bike for Rs. 4700. He spends Rs. 800 on its maintenance and sells it back for Rs. 5800. Calculate his profit percent.

5.45%

5.45%

6.5%

6.5%

7 %

7 %

Cannot be determined

Cannot be determined

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Question 2

Time: 00:00:00
The cost price of X articles is same as the selling price of 20 articles. If profit is 25%, find the value of X.

20

20

24

24

25

25

8

8

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Question 3

Time: 00:00:00
The cost of setting up the type of a magazine is ` 1000. The cost of running the printing machine is
` 120 per 100 copies. The cost of paper, ink and so on is 60 paise per copy. The magazines are
sold at ` 2.75 each. 900 copies are printed, but only 784 copies are sold. What is the sum to be
obtained from advertisements to give a profit of 10% on the cost?

` 730

` 730

` 726

` 726

` 720

` 720

` 736

` 736

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Question 4

Time: 00:00:00
A shopkeeper brought pencils at 6 per Rupee. Calculate how many pencils could be sold for 1 Rupee to gain 20% profit ?

2

2

9

9

7

7

5

5

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Question 5

Time: 00:00:00
A vendor wants to get a profit of 22.5% on his overall cost price. If for a week his sale was Rs. 392, calculate his profit.

72

72

50

50

20

20

10

10

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Question 6

Time: 00:00:00
A boy buys a bag for Rs. 1400 and sells it to his friend at a loss of 15%. Calculate the selling price of the bag.

1234

1234

1190

1190

1456

1456

2346

2346

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Question 7

Time: 00:00:00
If Meera buys a laptop at Rs. 35000 and sells it at Rs. 40000, what is the loss percent?

No loss

No loss

10

10

20

20

30

30

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Question 8

Time: 00:00:00
When ram sells 17 pens at Rs. 720, he bears a loss which is equal to the cost price of 5 pens. What is the cost price of one pen?

60

60

69

69

70

70

75

75

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Question 9

Time: 00:00:00
When a car is sold for Rs. 18,700, the seller bears a loss of 15%. What is the price at which that car must be sold to gain 15%?

25300

25300

26790

26790

56800

56800

45000

45000

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Question 10

Time: 00:00:00
A dishonest shopkeeper sells grocery with weights 15% less than the true weights making a profit of 20%. What is his total gain percent?

50

50

41.17

41.17

43.21

43.21

63.2

63.2

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