Practice mode / Profit and Loss A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Number of toys sold. II. Cost price of each toy. A Option A: Only I is necessary B Option B: Only II is necessary C Option C: Both I and II are necessary D Option D: Either I or II ins necessary E Option E: None of these Correct answer B. Only II is necessary Show answer Report a problem How we write and check questions
Question 01 / Profit and Loss A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary? I. Sale price of the article II. Number of articles sold A Option A: Only I is necessary B Option B: Only II is necessary C Option C: Either I or II is necessary D Option D: Both I and II are necessary E Option E: None of these Correct answer D. Both I and II are necessary Show answer Open question
Question 02 / Profit and Loss A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%? A Option A: 3 B Option B: 4 C Option C: 5 D Option D: 6 Correct answer C. 5 Show answer Open question
Question 03 / Profit and Loss In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit? A Option A: 30% B Option B: 70% C Option C: 100% D Option D: 250% Correct answer B. 70% Show answer Open question
Question 04 / Profit and Loss If selling price is doubled, the profit triples. Find the profit percent. A Option A: 66-2/3 B Option B: 100 C Option C: 105-1/3 D Option D: 120 Correct answer B. 100 Show answer Open question
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