Category : Mathematics

Quiz: Check Your Knowledge About Profit And Loss in Mathematics

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Questions & Options


1. Gain and loss are always calculated on the ....

85577 Cost price
85578 Selling price
85579 Both of these
85580 None of these

2. A fruit seller sells 10 apple fora rupee and gains 60%. How many apples did he buy for a rupee?

85581 14
85582 16
85583 15
85584 18

3. if the cost price of 5 mangoes is equal to the selling price of 4 mangoes, then what will be gain %?

85585 25
85586 35
85587 20
85588 15

4. A shopkeeper offers a 10% discount on price list and still makes a profit of 25%. What is the cost price of an article whose list price is 80?

85589 57.60
85590 60.40
85591 53.75
85592 35.67

5. If 11 pencils are bought for 10 and 10 pencils are sold for 11 then what is the gain %?

85593 18%
85594 16%
85595 21%
85596 10%

6. A man bought some eggs at 4 for 3 and sold them 5 for 4. In this transaction, he gained 16. How many eggs did he purchase?

85597 410
85598 300
85599 280
85600 320

7. The cost price of an article is 60% of the marked price. if 20% discount is offered at the marked price then what is the gain %?

85601 50/3%
85602 20/3%
85603 40%
85604 100/3%

8. A sofa set is sold for 632. The gain is equal to the loss when it sold for 544. What is the cost price of the sofa set?

85605 858
85606 588
85607 540
85608 637

9. A man sells his radio for 770 and gains 1/7 of the selling price. What is his gain %?

85609 50/3
85610 19/3
85611 20/3
85612 100/3

10. A television is sold at 20% gain. if it is sold at 20% loss then selling price is less 120. What is the cost price of the television?

85613 600
85614 220
85615 380
85616 300
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