AFCAT Profit and Loss — practice questions
15 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice AFCAT Profit and Loss in the app →An item is bought for ₹400 and sold for ₹480. Find the gain percent.A shopkeeper sells an item at a profit of $25\%$. If the cost price is ₹$240$, find the selling price.A trader sold an article for ₹$828$ at a loss of $8\%$. At what price should he sell it to gain $12\%$?By selling $33$ metres of cloth a man gains the cost price of $11$ metres of cloth. Find his gain percent.A shopkeeper sells two TVs for ₹$9600$ each. On one he gains $20\%$; on the other he loses $20\%$. What is hisA dishonest dealer claims to sell his goods at cost price but uses a weight of $950$ g in place of $1$ kg. WhaA discount is a reduction given on which price of an article?An item marked at 840 is sold for 714. The discount per cent is:A frock is listed at 220 and a discount of 20% is announced. Its sale price is:A table marked at 15,000 is available for 14,400. The discount per cent is:An almirah is sold for 5,225 after a discount of 5%. Its marked price was:An article bought for 400 is sold for 500. The profit per cent is:A shopkeeper marks goods 25% above cost and then allows a 20% discount. His overall result is:An item is sold for 15,000 at a loss of 20%. Its cost price was:A shop offers a 20% discount. The sale price of a bag marked at 250 is: