# Wiley Edge Profit and Loss Quiz-3

Question 1

Time: 00:00:00
Mike Birbigila is an uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

22%

22%

12.50%

12.50%

15%

15%

26.4%

26.4%

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Question 2

Time: 00:00:00
Kevin Hart is a retailer who buys 40 pents at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent?

14%

14%

34%

34%

10%

10%

37%

37%

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Question 3

Time: 00:00:00
Reginald purchases 500 AmoLED T.Vs from Samsung Vendor at Rs. 35,000 per unit and 600 AmoLED T.Vs from Panasonic Vendor at Rs. 40,000 per unit, and then sells all of the AmoLED T.Vs at Rs 50,000 per unit. What is the profit margin?

35.5 %

35.5 %

40.6 %

40.6 %

32.5 %

32.5 %

34.5 %

34.5 %

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Question 4

Time: 00:00:00
In a Kitchen Utensils Shop, Fibre Spoons cost Rs. 4 each. A shopkeeper charged Rs. 54 per dozen for these FibreSpoons. Find the ratio of profit after the discount to profit before the discount if he gives a 10% discount on the selling price.

1 : 25

1 : 25

1 : 14

1 : 14

2 : 13

2 : 13

1 : 10

1 : 10

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Question 5

Time: 00:00:00
Arnab Goswami was a furniture wholesaler who bought 150 Wooden Study Tables for the same price for his showroom, but 40% of them are damaged and cannot be sold. He sold half of the remaining stock for a 20% profit and the other half for a 5% loss. What was the total cost price of all Wooden Study Tables if the total selling price of a Wooden Study Table was Rs. 7740?

Rs 12000

Rs 12000

Rs 15000

Rs 15000

Rs 12500

Rs 12500

Rs 13000

Rs 13000

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Question 6

Time: 00:00:00
The seller adds 25% to the cost price before passing it along to the buyer. What was the cost of the Lava Blaze 5G, given that the user paid Rs 9852 for it?

Rs 7850

Rs 7850

Rs 7881.6 Rs

Rs 7881.6 Rs

Rs 7584.5

Rs 7584.5

Rs 7647.5

Rs 7647.5

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Question 7

Time: 00:00:00
Walnut weighs 10,000 kg in Swiggy Insta Mart. They sold a portion of it for 10% profit and the remaining portion for 20% profit. Overall, they saw a 17% increase. What amount of walnuts will be sold at a 20% profit?

6500 Rs

6500 Rs

7000 Rs

7000 Rs

6900 Rs

6900 Rs

6950 Rs

6950 Rs

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Question 8

Time: 00:00:00
Jesse bought a Vending Machine for Rs. 43000. After some days he decided to sell that Vending Machine with a 20% profit to Walter. How much profit does Jesse earn by this ?

50,000 Rs

50,000 Rs

50,500 Rs

50,500 Rs

51,000 Rs

51,000 Rs

51,600 Rs

51,600 Rs

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Question 9

Time: 00:00:00
Ashley received a profit after selling a Book Shelf for Rs. 580 is the same as the loss incurred after selling the shelf for Rs. 410. What will be the half of 60% of the cost price she Fibre Spoonst ?

150.5 Rs

150.5 Rs

145.5 Rs

145.5 Rs

148.5 Rs

148.5 Rs

141.5 Rs

141.5 Rs

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Question 10

Time: 00:00:00
Joey goes to a Grofers Store which was offering a 25 % discount on the price of Mango. Due to this he bought 4 Kg more for Rs 90. How much money he saved as a profit in this shopping and what was the original price per kg of mango ?
(i.e. Reduced Cost, Original Cost )

5.2 , 7.4

5.2 , 7.4

4.90 , 5.0

4.90 , 5.0

6.50 , 5.5

6.50 , 5.5

5.62 , 7.5

5.62 , 7.5

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