# WeCP Profit and Loss Quiz 1

Question 1

Time: 00:00:00
Rakesh bought a second hand bike for 5200/-, and spends 1800/- on its service and repairs. If he sells the bike for 8000/-, what is his gain and loss percent.

12% gain

12% gain

15% gain

15% gain

12.5% gain

12.5% gain

15.5% gain

15.5% gain

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Question 2

Time: 00:00:00
The cost price of 10 pencils is the same as the selling price of x pencils. If the profit is 13%, then the value of x is :

Rs. 7.85/-

Rs. 7.85/-

Rs. 8.50/-

Rs. 8.50/-

Rs. 8.84/-

Rs. 8.84/-

Rs 7.95/-

Rs 7.95/-

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Question 3

Time: 00:00:00
Ravi bought some articles, and sold them at a certain price , having some certain profit. If he would have sold them for twice the S.P, the profit would have been tripled.

Find the profit%

50%

50%

100%

100%

75%

75%

25%

25%

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Question 4

Time: 00:00:00
A car manufacturer books a profit of 225% in FY 2020-21. In the FY 2021-22, he increases the C.P of the car by 20%, and the S.P. of the car by 10%, what will be the profit or loss for this year.

180% gain

180% gain

190% loss

190% loss

198% gain

198% gain

178% loss

178% loss

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Question 5

Time: 00:00:00
Akshay sold his car for Rs 2,25,000/-  and gained a profit%, which is equivalent to the loss% if he would have sold his car for Rs, 1,78,000/-. At what price should the car be sold to make 35% profit ?

Rs 2,72,025/-

Rs 2,72,025/-

Rs 2,01,500 /-

Rs 2,01,500 /-

Rs, 2,75,725/-

Rs, 2,75,725/-

Rs 2,70,025/-

Rs 2,70,025/-

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Question 6

Time: 00:00:00
Ajay buys some oranges at a price of Rs 40/- per kg. He wants to gain a profit of 40% on selling those oranges. At what price should he sell 5kg oranges to gain the profit ?

240 Rs

240 Rs

200 Rs

200 Rs

280 Rs

280 Rs

300 Rs

300 Rs

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Question 7

Time: 00:00:00
Tony purchased 12 dozen bananas at the rate of Rs 60 per dozen. He sold each one of them at the rate of Rs 8. What was his percentage profit ?

52%

52%

45%

45%

65%

65%

60%

60%

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Question 8

Time: 00:00:00
Kangana bought some articles at 10 articles for 12Rs, and sold at 12 articles for 10Rs. What is her loss% ?

16.66%

16.66%

17.65%

17.65%

18.50%

18.50%

15.55%

15.55%

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Question 9

Time: 00:00:00
Hritik sold a dress for 14500, and incurred a loss of 12%. At what price should he sell the dress to gain a profit of 500 Rs ?

Rs 17250/-

Rs 17250/-

Rs 16977/-

Rs 16977/-

Rs 16589/-

Rs 16589/-

Rs 17249/-

Rs 17249/-

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Question 10

Time: 00:00:00
Arjun sells a radio for Rs 1240/- at a gain of 15%, and another one for Rs 860/- at a loss of 12%. Find his total gain or loss % ?

2.5%

2.5%

2.11%

2.11%

2.35%

2.35%

2.14%

2.14%

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