Profit and Loss Math Question With Solutions

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Profit & Loss

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1 / 10

A chair is bought for TK. 900 and sold for TK. 1080, find the gain percent?

20%

25%

50%

36%

2 / 10

If the cost price of 12 books is equal to the selling price of 8 books, the gain percent is?

50%

40%

20%

25%

3 / 10

Profit and Loss depend on –

Cost Price

Sell Prices

4 / 10

If the cost price is greater than the selling price, then profit is made from the transaction.

False

True

5 / 10

If the selling price is greater than the cost price, then profit is made from the transaction.

True

False

6 / 10

Find profit or loss: C.P = $ 1070 and S.P = $ 970

Loss $100

Profit $100

Loss $2040

Profit $2040

7 / 10

A man bought an android mobile phone online at $ 16000.At what price it should be sold to get a profit of $2000?

$18000

$24000

$9000

$12000

8 / 10

A shopkeeper sold a pencil box for $80 at a loss of $12.Find the cost price of a box?

$100

$50

$150

$200

9 / 10

A man buys a box for $ 34 and sells it for $56. Find its gain percent?

12%

24%

10%

20%

10 / 10

John bought a car for $ 2,50,000. He spent $4000 on repairs. He sold the car at a profit of Rs. 2300. At what price did he sell the car?

$ 2,56,300

$ 5,26,300

$ 2,65,300

$ 1,56,300

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