Mathematics
Profit & Loss
An article is sold for Rs. 840 at a profit of 15%. What was its cost price?
A. Rs. 855
B. Rs. 714
C. Rs. 730.43
D. Rs. 825
Correct Answer: C
CP = SP × 100/(100+profit%) = 840×100/115 = Rs. 730.43.
Mathematics
Profit & Loss
The marked price of an article is Rs. 1300. A discount of 15% is allowed. What is the selling price?
A. Rs. 1285
B. Rs. 2405
C. Rs. 1105
D. Rs. 1495
Correct Answer: C
Discount = 15% of 1300; SP = 1300×85/100 = Rs. 1105.
Mathematics
Profit & Loss
A trader buys an item for Rs. 940 and sells it for Rs. 870. What is the loss percentage?
A. 8.0%
B. 7.4%
C. 11.4%
D. 70.0%
Correct Answer: B
Loss = 940−870=70; loss% = 70/940×100 = 7.4%.
Mathematics
Profit & Loss
An article is bought for Rs. 770 and sold for Rs. 960. What is the profit percentage?
A. 24.7%
B. 29.7%
C. 190.0%
D. 19.8%
Correct Answer: A
Profit = 960−770=190; profit% = 190/770×100 = 24.7%.
Mathematics
Profit & Loss
An item bought for Rs. 600 is sold at a loss of 35%. Find the selling price.
A. Rs. 390
B. Rs. 565
C. Rs. 180
D. Rs. 810
Correct Answer: A
Loss = 35% of 600 = 210; SP = 600−210 = Rs. 390.
Mathematics
Profit & Loss
An article costs Rs. 430 and is sold at a profit of 30%. What is the selling price?
A. Rs. 688
B. Rs. 460
C. Rs. 559
D. Rs. 301
Correct Answer: C
Profit = 30% of 430 = 129; selling price = 430+129 = Rs. 559.
Mathematics
Profit & Loss
An article is sold for Rs. 720 at a profit of 25%. What was its cost price?
A. Rs. 745
B. Rs. 695
C. Rs. 576
D. Rs. 540
Correct Answer: C
CP = SP × 100/(100+profit%) = 720×100/125 = Rs. 576.00.
Mathematics
Profit & Loss
The marked price of an article is Rs. 1000. A discount of 10% is allowed. What is the selling price?
A. Rs. 1900
B. Rs. 990
C. Rs. 900
D. Rs. 1100
Correct Answer: C
Discount = 10% of 1000; SP = 1000×90/100 = Rs. 900.
Mathematics
Profit & Loss
A trader buys an item for Rs. 1730 and sells it for Rs. 1600. What is the loss percentage?
A. 8.1%
B. 130.0%
C. 11.5%
D. 7.5%
Correct Answer: D
Loss = 1730−1600=130; loss% = 130/1730×100 = 7.5%.
Mathematics
Profit & Loss
An article is bought for Rs. 1560 and sold for Rs. 1690. What is the profit percentage?
A. 13.3%
B. 7.7%
C. 8.3%
D. 130.0%
Correct Answer: C
Profit = 1690−1560=130; profit% = 130/1560×100 = 8.3%.
Mathematics
Profit & Loss
An item bought for Rs. 2780 is sold at a loss of 5%. Find the selling price.
A. Rs. 2502
B. Rs. 2919
C. Rs. 2775
D. Rs. 2641
Correct Answer: D
Loss = 5% of 2780 = 139; SP = 2780−139 = Rs. 2641.
Mathematics
Profit & Loss
An article costs Rs. 1220 and is sold at a profit of 35%. What is the selling price?
A. Rs. 793
B. Rs. 1647
C. Rs. 1255
D. Rs. 2074
Correct Answer: B
Profit = 35% of 1220 = 427; selling price = 1220+427 = Rs. 1647.
Mathematics
Profit & Loss
An article is sold for Rs. 600 at a profit of 15%. What was its cost price?
A. Rs. 585
B. Rs. 615
C. Rs. 510
D. Rs. 521.74
Correct Answer: D
CP = SP × 100/(100+profit%) = 600×100/115 = Rs. 521.74.
Mathematics
Profit & Loss
The marked price of an article is Rs. 700. A discount of 30% is allowed. What is the selling price?
A. Rs. 670
B. Rs. 1190
C. Rs. 910
D. Rs. 490
Correct Answer: D
Discount = 30% of 700; SP = 700×70/100 = Rs. 490.
Mathematics
Profit & Loss
A trader buys an item for Rs. 710 and sells it for Rs. 640. What is the loss percentage?
A. 10.9%
B. 13.9%
C. 9.9%
D. 70.0%
Correct Answer: C
Loss = 710−640=70; loss% = 70/710×100 = 9.9%.
Mathematics
Profit & Loss
An article is bought for Rs. 540 and sold for Rs. 610. What is the profit percentage?
A. 11.5%
B. 18.0%
C. 70.0%
D. 13.0%
Correct Answer: D
Profit = 610−540=70; profit% = 70/540×100 = 13.0%.
Mathematics
Profit & Loss
An item bought for Rs. 370 is sold at a loss of 10%. Find the selling price.
A. Rs. 407
B. Rs. 360
C. Rs. 333
D. Rs. 296
Correct Answer: C
Loss = 10% of 370 = 37; SP = 370−37 = Rs. 333.
Mathematics
Profit & Loss
An article costs Rs. 200 and is sold at a profit of 5%. What is the selling price?
A. Rs. 220
B. Rs. 205
C. Rs. 210
D. Rs. 190
Correct Answer: C
Profit = 5% of 200 = 10; selling price = 200+10 = Rs. 210.
Mathematics
Equations
Two numbers x and y satisfy x + y = 68 and x − y = 50. What is x?
A. 50
B. 59
C. 9
D. 68
Correct Answer: B
Adding the equations: 2x=118; therefore x=59.
Mathematics
Equations
Find x if 5x − 5 = 285.
A. 290
B. 58
C. 56
D. 59
Correct Answer: B
5x=285+5=290; x=58.