Practice mode / Profit and Loss The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is: A Option A: 15 B Option B: 16 C Option C: 18 D Option D: 25 Correct answer B. 16 Show answer Report a problem How we write and check questions
Question 01 / Profit and Loss Two equal successive discounts are equivalent to a single discount of 36%. What is each discount? A Option A: 18% B Option B: 20% C Option C: 19% D Option D: 16% Correct answer B. 20% Show answer Open question
Question 02 / Profit and Loss Two machines cost Rs. 3,000 in total. The first is sold at a 20% gain and the second at a 10% loss, giving an overall gain of 5%. What was the cost of the first machine? A Option A: Rs. 1,000 B Option B: Rs. 1,200 C Option C: Rs. 1,800 D Option D: Rs. 1,500 Correct answer D. Rs. 1,500 Show answer Open question
Question 03 / Profit and Loss A merchant marks his goods 50% above cost price and allows a discount of 30%. What is the result of the sale? A Option A: Loss of 5% B Option B: Gain of 15% C Option C: Gain of 5% D Option D: Gain of 20% Correct answer C. Gain of 5% Show answer Open question
Question 04 / Profit and Loss A shop gives 10% off the marked price and a further 5% cash discount. A customer pays Rs. 3,420. What is the marked price? A Option A: Rs. 4,200 B Option B: Rs. 3,800 C Option C: Rs. 4,100 D Option D: Rs. 4,000 Correct answer D. Rs. 4,000 Show answer Open question
Discussion