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ITI
WCS
WCS Set-1
Profit and Loss
5
Profit and Loss MCQ with Answers
5)
Which is the short form of profit and loss statement?
P & L
PR & LS
PRO & LOS
L & P
Answer is:
P & L
Profit and Loss MCQ with Answers
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Related Profit and Loss MCQ with Answers
6)
What is denoted as 'I'?
Principal
Interest
Rate
Year
Answer
Answer is:
Interest
7)
How the 'Principal' is denoted in simple interest calculation?
'P'
'I'
'R'
'n'
Answer
Answer is:
'P'
8)
How the years is denoted in simple interest calculations?
P
I
n
r
Answer
Answer is:
n
9)
How the profit / gain is expressed?
Rs.
$
%
*
Answer
Answer is:
%
Profit and Loss MCQ with Answers
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