Free Test Profit & Loss Based on... – General...

Q1: A shopkeeper gains 20% on selling an item for ₹600. What is the cost price?

A. ₹500 B. ₹480 C. ₹550 D. ₹520

Q2: An article was sold for ₹750 at a loss of 25%. What is the cost price?

A. ₹950 B. ₹1000 C. ₹800 D. ₹700

Q3: If selling price is ₹960 and profit is 20%, what is the cost price?

A. ₹800 B. ₹760 C. ₹820 D. ₹900

Q4: A man buys a chair for ₹900 and sells it for ₹1170. What is his gain percentage?

A. 25% B. 30% C. 20% D. 35%

Q5: An article was sold for ₹1320 with 10% loss. What is the cost price?

A. ₹1450 B. ₹1350 C. ₹1466.67 D. ₹1200

Q6: Profit is 25% and selling price is ₹625. What is cost price?

A. ₹500 B. ₹525 C. ₹540 D. ₹600

Q7: Loss is 10% and selling price is ₹450. What is cost price?

A. ₹500 B. ₹460 C. ₹480 D. ₹470

Q8: An article was sold for ₹960 with a profit of 25%. What is the cost price?

A. ₹768 B. ₹800 C. ₹720 D. ₹850

Q9: If profit is 40% and cost price is ₹500, what is the selling price?

A. ₹700 B. ₹600 C. ₹720 D. ₹640

Q10: An item is bought at ₹1200 and sold at ₹1500. What is the profit percentage?

A. 20% B. 25% C. 30% D. 18%

Q11: If a 10% discount is given on ₹500 and profit is 15%, what is cost price?

A. ₹391.30 B. ₹400 C. ₹425 D. ₹450

Q12: Selling at ₹540 gives 20% loss. What is cost price?

A. ₹675 B. ₹650 C. ₹670 D. ₹700

Q13: If SP = ₹600 and CP = ₹750, what is the loss percent?

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

Q14: A shopkeeper marks an item ₹800 and gives 10% discount. What is selling price?

A. ₹720 B. ₹700 C. ₹750 D. ₹760

Q15: An item is sold at 10% profit after 10% discount. Find markup over cost price?

A. 20% B. 25% C. 15% D. 30%

Q16: Loss on SP is 20%. SP is ₹640. Find cost price.

A. ₹800 B. ₹720 C. ₹760 D. ₹850

Q17: If profit = ₹60 and CP = ₹240, find profit percentage.

A. 20% B. 25% C. 30% D. 15%

Q18: If SP = ₹220 and CP = ₹200, find gain%.

A. 10% B. 12% C. 9% D. 11%

Q19: Selling an article at ₹750 gives a loss of 25%. What is the CP?

A. ₹1000 B. ₹980 C. ₹960 D. ₹900

Q20: Selling at ₹1440 gives 20% profit. What is the CP?

A. ₹1200 B. ₹1250 C. ₹1300 D. ₹1100

Quiz for Profit & Loss Based on Percentages