Mahindra Comviva Profit and Loss Problems with Solutions 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?

1200

1200

1800

1800

1500

1500

2500

2500

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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?

360

360

565

565

542

542

231

231

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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 ?

1344

1344

1400

1400

1500

1500

2450

2450

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Question 4

Time: 00:00:00
A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:

150

150

350

350

400

400

450

450

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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?

1000

1000

1102

1102

500

500

756

756

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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?

13%

13%

11%

11%

12%

12%

52%

52%

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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?

855 1/2 grams

855 1/2 grams

833 1/3 grams

833 1/3 grams

833 1/2 grams

833 1/2 grams

875 2/7 grams

875 2/7 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 2/3% loss

16 2/3% loss

100/3% loss

100/3% loss

50/3% profit

50/3% profit

100/3% loss

100/3% loss

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Question 9

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

0.153333333333333

0.153333333333333

25%

25%

0.166666666666667

0.166666666666667

0.3

0.3

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Question 10

Time: 00:00:00
A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

50

50

60

60

40

40

3

3

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

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