Home » Profit and Loss – Questions and Answers – Quiz 2Profit and Loss – Questions and Answers – Quiz 2by VineetMay 7, 2016 1. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?Rs. 2000 Rs. 2200 Rs. 2400 Data inadequate2. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?Rs. 18.20 Rs. 70 Rs. 72 Rs. 88.253. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?Rs. 1090 Rs. 1160 Rs. 1190 Rs. 12024. Sam 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?3.5 4.5 5.6 6.55. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:30% 33(1/3)% 35% 44% Score = Correct answers:<br /> Leave a Reply Cancel replyYour email address will not be published.CommentName Email Website