Profit and Loss

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  • Q1

    Sunita bought a music system for INR5,000 and sold it at a profit of 8%. What is the profit?

    Marks:1
    Answer:

    INR400

    Explanation:

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  • Q2

    Mohan bought a T.V. set for Rs 10,000 and sold it at a profit of 10%. The profit on the T.V. set is

    Marks:1
    Answer:

    Rs 1000.

    Explanation:

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  • Q3

    A jacket with a cost price of INR1000 was sold for INR750. What is the loss%?

    Marks:1
    Answer:

    25%

    Explanation:

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  • Q4

    The cost of a toy is INR120.What is the selling price, if the shopkeeper sells it at a profit of 20%?

    Marks:1
    Answer:

    INR144

    Explanation:

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  • Q5

    The buying price of an item is known as it's

    Marks:1
    Answer:

    cost price

    Explanation:
    cost price
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