Profit and Loss - Data Intensity 1 | Multiple Questions and Answers

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Profit and Loss - Data Intensity 1 Multiple Questions and Answers.

11.	A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of :

	A.	10%
	B.	10.50%
	C.	11%
	D.	12.50%

12.	A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

	A.	No profit, no loss
	B.	5%
	C.	8%
	D.	10%

13.	When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

	A.	Rs. 21,000
	B.	Rs. 22,500
	C.	Rs. 25,300
	D.	Rs. 25,800

14.	On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:________?

	A.	Rs. 45
	B.	Rs. 50
	C.	Rs. 55
	D.	Rs. 60

15.	A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:

	A.	12%
	B.	10%
	C.	6%
	D.	4%

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