# Wiley Edge Profit and Loss Quiz-4

Question 1

Time: 00:00:00
A book was purchased by Rajesh for Rs. 500 and sold to Ramesh at a 10% profit. Ramesh sold the book back to Rajesh at a 20% loss. What is the net gain or loss of Rajesh?

Gain of Rs. 50

Gain of Rs. 50

Loss of Rs. 50

Loss of Rs. 50

No gain, no loss

No gain, no loss

Loss of Rs. 100

Loss of Rs. 100

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Question 2

Time: 00:00:00
An article is bought for Rs. 1,200 and sold at a 25% profit. If the article is then bought back at a 15% loss, what is the net gain or loss?

Gain of Rs. 75

Gain of Rs. 75

Loss of Rs. 75

Loss of Rs. 75

Gain of Rs. 45

Gain of Rs. 45

Loss of Rs. 45

Loss of Rs. 45

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Question 3

Time: 00:00:00
A smartphone is purchased for Rs. 20,000 and sold at a 15% loss. If it is then sold again at a 25% profit, what is the net gain or loss?

Gain of Rs. 1,250

Gain of Rs. 1,250

Loss of Rs. 1,250

Loss of Rs. 1,250

Gain of Rs. 1,500

Gain of Rs. 1,500

Loss of Rs. 1,500

Loss of Rs. 1,500

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Question 4

Time: 00:00:00
A shirt was bought for Rs. 800 and sold at a 20% profit. If it is then sold again at a 10% loss, what is the net gain or loss?

Gain of Rs. 16

Gain of Rs. 16

Loss of Rs. 16

Loss of Rs. 16

Gain of Rs. 8

Gain of Rs. 8

Loss of Rs. 8

Loss of Rs. 8

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Question 5

Time: 00:00:00
A laptop was purchased for Rs. 50,000 and sold at a 10% loss. If it is then bought back at a 5% profit, what is the net gain or loss?

Gain of Rs. 1,750

Gain of Rs. 1,750

Loss of Rs. 1,750

Loss of Rs. 1,750

Gain of Rs. 1,250

Gain of Rs. 1,250

Loss of Rs. 1,250

Loss of Rs. 1,250

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Question 6

Time: 00:00:00
A bike was purchased for Rs. 80,000 and sold at a 15% profit. If it is then sold again at a 12% loss, what is the net gain or loss?

Gain of Rs. 3,960

Gain of Rs. 3,960

Loss of Rs. 3,960

Loss of Rs. 3,960

Gain of Rs. 3,360

Gain of Rs. 3,360

Loss of Rs. 3,360

Loss of Rs. 3,360

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Question 7

Time: 00:00:00
A television was bought for Rs. 30,000 and sold at a 5% loss. If it is then bought back at a 8% profit, what is the net gain or loss?

Gain of Rs. 900

Gain of Rs. 900

Loss of Rs. 900

Loss of Rs. 900

Gain of Rs. 600

Gain of Rs. 600

Loss of Rs. 600

Loss of Rs. 600

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Question 8

Time: 00:00:00
A watch was purchased for Rs. 5,000 and sold at a 20% profit. If it is then sold again at a 15% loss, what is the net gain or loss?

Gain of Rs. 200

Gain of Rs. 200

Loss of Rs. 200

Loss of Rs. 200

Gain of Rs. 150

Gain of Rs. 150

Loss of Rs. 150

Loss of Rs. 150

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Question 9

Time: 00:00:00
A camera was bought for Rs. 15,000 and sold at a 10% loss. If it is then bought back at a 8% profit, what is the net gain or loss?

Gain of Rs. 320

Gain of Rs. 320

Loss of Rs. 320

Loss of Rs. 320

Gain of Rs. 240

Gain of Rs. 240

Loss of Rs. 240

Loss of Rs. 240

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Question 10

Time: 00:00:00
A mobile phone was purchased for Rs. 25,000 and sold at a 5% profit. If it is then sold again at a 12% loss, what is the net gain or loss?

Gain of Rs. 600

Gain of Rs. 600

Loss of Rs. 600

Loss of Rs. 600

Gain of Rs. 400

Gain of Rs. 400

Loss of Rs. 400

Loss of Rs. 400

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