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WCS
WCS Set-1
Profit and Loss
11

Profit and Loss MCQ with Answers

11) What is the cost price (C.P) formula if there is a profit?

((100)/(100-Loss %))xS.P

((100)/(100+Profit %))xS.P

((100+Profit %)/(100))xC.P

((100-Loss %)/(100))xC.P

Answer is:

((100)/(100+Profit %))xS.P

Profit and Loss MCQ with Answers

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Related Profit and Loss MCQ with Answers

12) What is the formula to find selling price (S.P) if there is a loss?

((100)/(100+Profit %))xS.P

((100+Profit %)/(100))xC.P

((100)/(100-Loss %))xS.P

((100-Loss %)/(100))xC.P

Answer is:

((100-Loss %)/(100))xC.P

13) What is the formula to find Profit %?

((C.P)/(Profit))x100

((Profit)/(S.P))x100

((S.P-C.P)/(Profit))x100

((Profit)/(C.P))x100

Answer is:

((Profit)/(C.P))x100

14) What is the profit amount, if the i - phone cost price is Rs.50000/- and selling price is Rs.70000/-?

Rs. 2000/-

Rs. 10000/-

Rs. 20000/-

Rs. 50000/-

Answer is:

Rs. 20000/-

15) What is the selling price, if the profit is 5% for a computer table bought at Rs.1150/- with Rs.50/- as a transport charge?

1160

1620

1060

1260

Answer is:

1260

Profit and Loss MCQ with Answers

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