Correct Answers: | |
Wrong Answers: | |
Unattempted: |
Question 1
When 13 items are sold at an amount of Rs. 49, a loss equal to the cost of 6 items is incurred. What is the cost of one item?
Question 2
The total cost of two cows is Rs. 1125. The owner sells the first cow at a profit of 35%, and the second one at a loss of 10%. If he sells them at the same price, what are the costs of the two cows?
Rs. 450 and 675.
Rs. 550 and 575.
Rs. 400 and 725.
Rs. 225 and 900.
Ans: a
Let the costs of the cows be C and 1125 - C. The sale price is given as same. So (100 + 35) × C = (100 - 10) × (1125 - C). Simplifying, we get 135 × C = 90 × (1125 - C). Solving for C we get, C = Rs. 450. The cost of the other cow is 1125 - 450 = Rs. 675.
Question 3
1776 items are purchased at a cost of Rs. 8. How many items should be sold for Rs. 8 to make a profit of 11%?
Question 4
A loss of 10% is made by selling an article at Rs. 270. What is the cost of the article?
Question 5
The cost price of 280 items is same as the sale price of N items. If the profit is 40%, then what is N?
More Chapters | See All...
Logarithms | Profit and Loss | Basic Simplification | Venn Diagrams | Paper Cutting | Clocks and Calendars | HCF and LCM | Percentages | Verification of truth | Direction Sense Test | More...
This Blog Post/Article "Profit and Loss Quiz Set 008" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Updated on 2020-02-07. Published on: 2016-04-24