Profit and Loss - Comprehensive Mock Test 1

Question 1 Medium

A man buys a toy for Rs. 183 and sells it for Rs.255. Find his gain/loss percentage.

A) 42.34 B) 59.34 C) 39.34 D) 61.34

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Solution Breakdown:

Profit = 255 - 183 = 72 Rs.

Question 2 Medium

A man buys a toy for Rs. 247 and sells it for Rs.251. Find his gain/loss percentage.

A) 1.62 B) 5.62 C) 8.62 D) 27.62

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Solution Breakdown:

Profit = 251 - 247 = 4 Rs.

Question 3 Medium

A man buys a toy for Rs. 55 and sells it for Rs.255. Find his gain/loss percentage.

A) 366.64 B) 363.64 C) 368.64 D) 391.64

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Solution Breakdown:

Profit = 255 - 55 = 200 Rs.

Question 4 Medium

A man buys a toy for Rs. 190 and sells it for Rs.251. Find his gain/loss percentage.

A) 39.11 B) 32.11 C) 48.11 D) 40.11

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Solution Breakdown:

Profit = 251 - 190 = 61 Rs.

Question 5 Medium

A man buys a toy for Rs. 243 and sells it for Rs.255. Find his gain/loss percentage.

A) 14.94 B) 23.94 C) 4.94 D) 22.94

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Solution Breakdown:

Profit = 255 - 243 = 12 Rs.

Question 6 Medium

A man buys a toy for Rs. 183 and sells it for Rs.251. Find his gain/loss percentage.

A) 43.16 B) 55.16 C) 37.16 D) 54.16

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Solution Breakdown:

Profit = 251 - 183 = 68 Rs.

Question 7 Medium

A man buys a toy for Rs. 183 and sells it for Rs.251. Find his gain/loss percentage.

A) 43.16 B) 55.16 C) 37.16 D) 54.16

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Solution Breakdown:

Profit = 251 - 183 = 68 Rs.

Question 8 Medium

A man buys a toy for Rs. 187 and sells it for Rs.255. Find his gain/loss percentage.

A) 40.36 B) 36.36 C) 46.36 D) 58.36

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Solution Breakdown:

Profit = 255 - 187 = 68 Rs.

Question 9 Medium

A man buys a toy for Rs. 114 and sells it for Rs.507. Find his gain/loss percentage.

A) 349.74 B) 355.74 C) 344.74 D) 349.74

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Solution Breakdown:

Profit = 507 - 114 = 393 Rs.

Question 10 Medium

A man buys a toy for Rs. 50 and sells it for Rs.507. Find his gain/loss percentage.

A) 918 B) 914 C) 935 D) 942

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Solution Breakdown:

Profit = 507 - 50 = 457 Rs.