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




21.The ratio of the cost price and the selling price is 4:5. The profit percent is:____?
A. 10%
B. 20%
C. 25%
D. 30%

22.Jameel brought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20%?
A. Rs. 400
B. Rs. 440
C. Rs. 500
D. Rs. 550

23.The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:
A. Rs. 500
B. Rs. 515
C. Rs. 550
D. Rs. 600

24.Samad purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
A. 3.5
B. 4.5
C. 5.6
D. 6.5

25.A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent?
A. 4.17%
B. 6.17%
C. 8.33%
D. 20%

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