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WCS Set-1
Profit and Loss
8

Profit and Loss MCQ with Answers

8) How the years is denoted in simple interest calculations?

P

I

n

r

Answer is:

n

Profit and Loss MCQ with Answers

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Related Profit and Loss MCQ with Answers

9) How the profit / gain is expressed?

Rs.

$

%

*

Answer is:

%

10) What is the formula to find Loss %?

(Lossx100)/(C.P)

(CP)/(Lossx100)

(Loss+100)/(S.P)

(S.P)/(Loss+100)

Answer is:

(Lossx100)/(C.P)

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

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

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