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

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

1.	A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:___?

	A.	10%
	B.	15%
	C.	20%
	D.	25%

2.	There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%

	A.	Rs. 6
	B.	Rs. 6.48
	C.	Rs. 7.02
	D.	Rs. 7.20

3.	There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

	A.	Rs. 12
	B.	Rs. 12.96
	C.	Rs. 14.40
	D.	None of these

4.	A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:___?

	A.	20%
	B.	50%
	C.	19 ½ %
	D.	56 ¼ %

5.	A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

	A.	24.5
	B.	28.5
	C.	30
	D.	Data inadequate

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