AFCAT Profit and Loss — practice questions
6 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. Wha