• 1. 
    Bharat buys 11 articles for Rs.10 and sells them at 10 for Rs.11. Vibha's gain percent is

  • 10%
  • 12%
  • 30%
  • 21%
  • 2. 
    The term used to describe money gained after a sale.

  • cost price
  • selling price
  • profit
  • loss
  • 3. 
    What formula to find loss?

  • Loss = S.P. - C.P.
  • Loss = M.P. - C.P.
  • Loss = C.P. - M.P.
  • Loss = C.P. - S.P.
  • 4. 
    If CP = Rs. x and SP = Rs. y then Profit =

  • x - y
  • y - x
  • x + y
  • 5. 
    Profit or Loss is calculated on the

  • SP
  • CP
  • Tax
  • MP
  • 6. 
    Heena bought a mobile for Rs.5000 and sold it for Rs. 6,500 to her friend. The profit percent is

  • 30%
  • 10%
  • 5%
  • 40%
  • 7. 
    What is condition of loss?

  • M.P. > S.P.
  • S.P. > C.P.
  • C.P. > S.P.
  • S.P. > M.P.
  • 8. 
    State true or false:profit=selling price[s.p]-cost price[c.p]

  • true
  • false
  • both options
  • can't tell
  • 9. 
    A stationer purchased 5 dozen of pens at Rs. 25 per piece. What is CP of 5 dozen pens?

  • Rs. 300
  • Rs. 3000
  • Rs. 350
  • Rs. 3500
  • 10. 
    If CP = Rs. 660 and Loss percent = 5% then Loss amount =

  • Rs. 33
  • Rs. 66
  • Rs. 30
  • Rs. 60
  • 11. 
    If there is profit.....

  • M.P.>S.P.
  • S.P.>C.P.
  • C.P.>S.P.
  • S.P.>M.P.
  • 12. 
    Reena sold a carpet for rupees 10,000 , cost price of the carpet was 8000, find the profit or loss

  • 2000 profit
  • 8000 profit
  • 2000 lose
  • 8000 loss
  • 13. 
    What is formulae to calculate loss percentage?​

  • Loss Percent = LossC.P.\frac{Loss}{C.P.}C.P.Loss​
  • Loss Percent = lossC.P. ×100%\frac{loss}{C.P.\ }\times100\%C.P. loss​×100%
  • Loss Percent = lossS.P.×100%\frac{loss}{S.P.}\times100\%S.P.loss​×100%
  • Loss Percent = C.P.loss×100%\frac{C.P.}{loss}\times100\%lossC.P.​×100%
  • 14. 
    If the CP of a packet of 25 pens is equal to the SP of 20 such pens, the gain or loss percent is

  • 10%
  • 25%
  • 20%
  • 12%
  • 15. 
    Calculate S.P if C.P is rupees 3,400 and profit is rupees 400.

  • 3800
  • 3000
  • 2600
  • 4200
  • 16. 
    What is formulae to calculate profit percentage?

  • Profit% = profitC.P.×100%\frac{profit}{C.P.}\times100\%C.P.profit​×100%
  • Profit% = C.Pprofit×100%\frac{C.P}{profit}\times100\%profitC.P​×100%
  • Profit% = profitS.P.×100%\frac{profit}{S.P.}\times100\%S.P.profit​×100%
  • Pr⁡ofit%=profitC.P.\Pr ofit\%=\frac{profit}{C.P.}Profit%=C.P.profit​
  • 17. 
    Meaning of profit is..

  • Total money obtained by selling goods
  • Difference of fixed price and selling price
  • Value remaining after subtracting expenses from earnings
  • Total expenses in transaction
  • 18. 
    What is meaning of loss?

  • Difference between marked price and selling price
  • Difference between cost price and marked price
  • Difference between selling price and cost price
  • All of the above
  • 19. 
    If an object is bought for Rs.90 and then sold for a loss of 15%. How much was it sold for?

  • Rs.103.50
  • Rs.80
  • Rs.75
  • Rs.76.50
  • 20. 
    Rohan bought a second hand laptop for Rs. 25400 and spent Rs. 600 to repair it. What is the CP for Rohan?

  • Rs. 600
  • Rs. 25400
  • Rs. 26000
  • Rs. 27000
  • 21. 
    Riwaj bought a mobile charger for Rs. 460 and sold it at 5% profit. What is the selling price of the camera?

  • Rs. 453
  • Rs. 463
  • Rs. 473
  • Rs. 483
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