# Practice Test: Question Set - 02

**1. The S.P. of 20 bananas is equal to C.P. of 25 bananas. The profit in percent is**

- (A) 20%

- (B) 25%

- (C) 30%

- (D) 16⅔ %

**2. If by selling an article for RS. 100, a man gains Rs. 15 then his gain percent is**

- (A) 17

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- (B) 17

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- (C) 15

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- (D) 15

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**3. John sold his watch for Rs. 75 and got a percentage of profit equal to the cost price. The cost price of the watch is**

- (A) Rs. 40

- (B) Rs. 60

- (C) Rs. 50

- (D) Rs. 52.50

**4. A shopkeeper bought an article for Rs. 319.60. Approximately at what price should he sell the article to make 25% profit?**

- (A) Rs. 499

- (B) Rs. 400

- (C) Rs. 300

- (D) Rs. 480

**5. If the C.P. of 21 oranges is equal to the S.P. of 18 oranges. The profit percent is**

- (A) 7

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- (B) 5

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- (C) 16

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- (D) 7

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**6. If the cost price of 12 tables is equal to the selling price of 16 tables, the loss percent is**

- (A) 19%

- (B) 21%

- (C) 23%

- (D) 25%

**7. The manufacture of a machine sells it to a distributor at a profit of 20%. The distributor in turn sells it to a stockist at a gain of 10%. The stockist sells it to a customer for Rs. 1,45,200 at a gain of 10%. The cost price of the machine for the manufacture is**

- (A) Rs. 87,000

- (B) Rs. 1,00,000

- (C) Rs. 1,05,000

- (D) Rs. 1,20,000

**8. By selling an article, a shopkeeper earned a profit equal to 1/4th of the price he bought it. If he sold it for Rs.375 what was the cost price**

- (A) Rs. 300

- (B) Rs. 350

- (C) Rs. 700

- (D) Rs. 450

**9. A shopkeeper sells his goods at 20% profit. He weighs 10% less. His gain % is**

- (A) 25%

- (B) 30%

- (C) 33⅓ %

- (D) 40%

**10. Cost of 3 cricket balls = cost of 2 pairs of leg pads, cost of 3 pairs of leg pads = cost of 2 pars of glovers, cost of 3 pairs of gloves = cost of 2 cricket bat, if a cricket bat costs Rs.54, what is the cost of a cricket ball?**

- (A) Rs. 10

- (B) Rs. 16

- (C) Rs. 18

- (D) Rs. 20

**11. A shopkeeper professes to sell his articles on C.P. but he uses false weight of 900 gm for 1 kg. His gain percent is**

- (A) 10%

- (B) 10

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- (C) 11%

- (D) 11

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**12. William purchased a refrigerator with a marked price of Rs. 6000 in a sale where 25% discount was being offered on the marked price. He was given a further discount of 10% on the amount arrived at after giving 25% discount.**

- (A) Rs. 3900

- (B) Rs.4050

- (C) Rs.5400

- (D) Rs.5650

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

- (A) Rs. 14.60

- (B) Rs. 13

- (C) Rs. 12.40

- (D) Rs. 14.40

**14. A motorcycle is sold at a profit of 16%. Had it been sold for Rs. 1000 more, the profit would have been 20%. Find its C.P.**

- (A) Rs. 20,000

- (B) Rs. 22,500

- (C) Rs. 25,000

- (D) Rs.27,500

**15. A shopkeeper on selling a pen for Rs. 10 loses 1/11 of what it costs him. His cost price is**

- (A) 13

- (B) 17

- (C) 11

- (D) 19

**View All Answers**

__Profit and Loss:__**Formula: Profit and Loss Formulas**

**Solved Examples: Solved Examples: Set 01**

**Practice Test: Practice Test: 01 Practice Test: 02 Practice Test: 03**

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