# Profit and Loss | Multiple Choice Questions (MCQ) Choose PartPart A

Q | 1 | ID - 3daa002c57-sec2

## A fruit seller sells mangoes at the rate of Rs.9 per kg and thereby loss 10%. At what price per kg should he sell in order to earn a profit of 5%

Rs.10
Rs.10.5
Rs.9.5
Rs.11.11
Profit and Loss

1 month ago | 16/03/2019 11:39:04 | gknowledge
Q | 2 | ID - c7fa37b282-sec2

## A shopkeeper boys an induction cooker for Rs.2750 and sells it for Rs.2860. Find his profit percentage

1%
2%
3%
4%
Profit and Loss

1 month ago | 16/03/2019 11:21:06 | gknowledge
Q | 3 | ID - 43ed52c145-sec2

## A trader had 6 quintals of wheat. He sold a part of it at 7% proﬁt and the rest at 17% proﬁt, so that he made a total proﬁt of 11%. How much wheat did he sell at 17% proﬁt?

360 kg
240 kg
120 kg
480 kg
Profit and Loss

1 month ago | 08/03/2019 17:36:18 | gknowledge
Q | 4 | ID - f0f19be397-sec2

## Rajeev sells a machine for Rs 55 lakhs at a loss. Had he sold it for Rs 67 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine

Rs 65 lakhs
Rs 57 lakhs
Rs 78 lakhs
Rs 49 lakhs
Profit and Loss

1 month ago | 08/03/2019 16:02:26 | gknowledge
Q | 5 | ID - 8c0d3e524f-sec2

## If price of an article decreases from Rs 240 to Rs 220, when quantity demanded increases from 200 units to 210 units. Find point elasticity of demand?

0.6
-1.8
-0.6
1.8
Profit and Loss

1 month ago | 06/03/2019 17:42:27 | gknowledge
Q | 6 | ID - 34ae24d6a6-sec2

## Mohan buys an old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 5200. What will be his loss percent?

22%
20%
25%
18%
Profit and Loss

4 months ago | 05/12/2018 21:57:07 | gknowledge
Q | 7 | ID - 1bb8e2e4f8-sec2

## Mohan buys an old scooter for Rs 5500 and spends Rs 1200 on its repairs. If he sells the scooter for Rs 7200. What will be his gain percent?

8%
10%
6%
7.5%
Profit and Loss

4 months ago | 05/12/2018 21:56:55 | gknowledge
Q | 8 | ID - 6789cb1937-sec2

## A person incurs 8% loss selling a watch for Rs 1650. At what price should the water be sold to earn 10 % profit?

Rs. 1750
Rs. 1800
Rs. 1925
Rs. 1900
Profit and Loss

4 months ago | 05/12/2018 21:55:09 | gknowledge
Q | 9 | ID - f123607de9-sec2

## If a cycle is purchased for Rs 2500 and sold for Rs 2200. Find the loss percent?

12%
10%
15%
8%
Profit and Loss

4 months ago | 05/12/2018 21:55:01 | gknowledge
Q | 10 | ID - d22dd66c23-sec2

## A man buys a product for Rs 250 and sells it for Rs 300. Find his gain percent?

10%
20%
15%
5%
Profit and Loss

4 months ago | 05/12/2018 21:54:51 | gknowledge
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