Profit and loss MCQs with quick calculation techniques Assignment 1.1
- last year
Que 1: When an article is sold for Rs.703, there is a loss of 25% less than the profit earned when it is sold for Rs.836. What is the selling price of the article when it makes a profit of 20%?
Que 2: What is the profit earned on an article with a cost price of 2128 rs, given that the ratio of its marked price and the selling price is 12:7, and the ratio of the discount given and the profit earned is 7:6?
Que 3: What is the profit percentage made by the retailer who sells a commodity at the cost price, given that he receives 22% more from the wholesaler than he paid for and then gives 20% less while selling to his customer?
Que 4: What is the retail price per mango that would yield a 60% profit, if the cost of purchasing 5 dozen mangoes at a certain price resulted in a gain of 3/10th of the total outlay when sold at Rs 156 per 5 dozen?
Que 5: What percentage increase in the cost price is required to set the selling price such that a profit of 20% is earned, taking into account a commission of 10% on the selling price?
Que 6: The cost of a bedsheet bought by a man was 450 rs, and he sold it at a profit of 10%, calculated based on the selling price. What was the selling price of the bedsheet?
Que 7: Nisha purchased a certain quantity of oranges at the rate of 2 for 1 rupee and an equal amount at the rate of 3 for 1 rupee. To earn a profit of 20%, what should be the selling price of one dozen oranges?
Que 8: Pooja intends to sell a watch at a 20% profit. She purchased it at a discount of 10% and sold it for 30 less than its actual selling price, yet she still earned a profit of 20%. What was the cost price of the watch?
Que 9: A fruit merchant earns a profit of 25% by selling mangoes at a particular price. If he increases the price of each mango by Re. 1, he would earn a profit of 50%. What was the initial price of one mango?
Que 10: If bananas are purchased at the rate of 4 for 1 rupee, how many bananas must be sold for 1 rupee to earn a profit of 33.33%?
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Que 2: What is the profit earned on an article with a cost price of 2128 rs, given that the ratio of its marked price and the selling price is 12:7, and the ratio of the discount given and the profit earned is 7:6?
Que 3: What is the profit percentage made by the retailer who sells a commodity at the cost price, given that he receives 22% more from the wholesaler than he paid for and then gives 20% less while selling to his customer?
Que 4: What is the retail price per mango that would yield a 60% profit, if the cost of purchasing 5 dozen mangoes at a certain price resulted in a gain of 3/10th of the total outlay when sold at Rs 156 per 5 dozen?
Que 5: What percentage increase in the cost price is required to set the selling price such that a profit of 20% is earned, taking into account a commission of 10% on the selling price?
Que 6: The cost of a bedsheet bought by a man was 450 rs, and he sold it at a profit of 10%, calculated based on the selling price. What was the selling price of the bedsheet?
Que 7: Nisha purchased a certain quantity of oranges at the rate of 2 for 1 rupee and an equal amount at the rate of 3 for 1 rupee. To earn a profit of 20%, what should be the selling price of one dozen oranges?
Que 8: Pooja intends to sell a watch at a 20% profit. She purchased it at a discount of 10% and sold it for 30 less than its actual selling price, yet she still earned a profit of 20%. What was the cost price of the watch?
Que 9: A fruit merchant earns a profit of 25% by selling mangoes at a particular price. If he increases the price of each mango by Re. 1, he would earn a profit of 50%. What was the initial price of one mango?
Que 10: If bananas are purchased at the rate of 4 for 1 rupee, how many bananas must be sold for 1 rupee to earn a profit of 33.33%?
Key Features of Our Online Course
1. Written Blog Content
2. Regular Video Content
3. Chapter-wise Mock Test
4. Mixed Mock Tests (20+), 1 month before the exam for practice.
5. Personal Doubt Assistance
6. 1-year access to continuously upgraded content
Register for Online Classes: https://logicxonomy.com/online-class/
Starting from 2499/- INR
Classification of Numbers: https://logicxonomy.com/classification-of-numbers/
Circumcenter of the Triangle (Full Video): https://youtu.be/NTqPY5hGo0Y
Telegram channel: https://telegram.me/logicxonomy
#logicxonomy #ProfitAndLossMCQs #QuickCalculationTips #MathTricks #ExamPreparation #ProblemSolving #CAT2023 #SSCCGL #SSCCPO #defenceexams