Profit and Loss - Questions & Answers | Exam2Win

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16. What is the cost of an article which is sold at a loss of 25% for Rs. 150?

A. Rs.125

B. Rs 175

C. Rs. 200

D. Rs. 225

Explanation: ANSWER : Rs. 200

17. A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?

A. 22

B. 24

C. 25

D. 26

Explanation: ANSWER : 24

18. If I purchased 11 books for Rs. 10 and sold all the books at the rate of 10 books for Rs. 11, the profit per cent is:

A. 10%

B. 11%

C. 21%

D. 100%

Explanation: ANSWER : 21%

19. The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is:

A. Rs.3000

B. Rs. 3160

C. Rs. 3240

D. Rs. None of these

Explanation: ANSWER : none of these

20. Toffees are bought at the rate of 8 for a rupee. To gain 60% they must be sold at:

A. 6 for a rupee

B. 5 for a rupee

C. 9 for Rs.2

D. 24 for Rs. 5

Explanation: ANSWER : 5 for a rupee