Profit and Loss - Data Intensity 2 | Multiple Questions and Answers

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Profit and Loss - Data Intensity 2 Multiple Questions and Answers.

16.	The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

	A.	Rs. 920
	B.	Rs. 960
	C.	Rs. 1060
	D.	Rs. 1200

17.	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.	30%
	B.	70%
	C.	100%
	D.	250%

18.	If selling price is doubled, the profit triples. Find the profit percent:

	A.	66 2/3
	B.	100
	C.	105 1/3
	D.	120

19.	A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be:___?

	A.	40
	B.	100
	C.	120
	D.	140

20.	The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

	A.	2:07
	B.	5:02
	C.	7:02
	D.	None of these

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