Profit and Loss Quiz

1️⃣ A pencil costing ₹5 is sold for ₹7. What is the profit?

2️⃣ A book costing ₹50 is sold at a 20% profit. What is the selling price?

3️⃣ A toy is sold for ₹90, resulting in a loss of 10%. What is the cost price of the toy?

4️⃣ A man buys a bicycle for ₹1200 and sells it for ₹1500. What is his profit percentage?

5️⃣ A shopkeeper marks his goods 50% above the cost price and allows a discount of 30%. What is his profit or loss percentage?

6️⃣ By selling an article for ₹144, a person gains such a percentage that is numerically equal to the cost price. What is the cost price of the article?

7️⃣ A person sells two articles for ₹1710 each. On one, he gains 10%, and on the other, he loses 25%. What is his overall profit or loss?

8️⃣ A trader sells an item at a profit of 20%. If he had bought it for 10% less and sold it for ₹12 less, he would have gained 30%. What is the cost price of the item?

9️⃣ A shopkeeper sells two types of rice. Type A costs ₹60 per kg, and type B costs ₹80 per kg. He mixes them in a ratio such that when he sells the mixture at ₹75 per kg, he gains 25%. What is the ratio in which he mixed the two types of rice?