1. 30%
2. 70%
3. 100%
4. 250%
Explanation:
Note:

# Profit and Loss Quiz

• #### 2. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

1. No profit No Loss
2. 5%
3. 8%
4. 10%
Explanation:
Note:

# Profit and Loss Quiz

• #### 3. A merchant sells his two cars – one at 15% loss and another at 12% profit. If the cost prices of the two cars are in the ratio of 1:2, what is his percent profit or loss?

1. 3% profit
2. 2% Loss
3. 2% Profit
4. 3% Loss
Explanation:
Note: Given that CPs are in the ratio 1:2
Therefore let the CPs be Rs.100 & Rs.200 respectively,
1st SP = 100-15% of 100 = Rs.86.
2nd SP = 200 + 12% of 200 = Rs.224.
Total CP = Rs.300.  Total SP = 85+224 = Rs.309.
Profit = Rs.309-300 = Rs.9.
Profit percent = 9x100/300 = 3% profit.

# Profit and Loss Quiz

• #### 4.The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit percentages.

1. 30%
2. 32.50%
3. 100/3%
4. 40%
Explanation:
Note:  The gain is 4 out of 12 articles.
Therefore, gain percentage = 4x100 /12 = 100/3%.

# Profit and Loss Quiz

• #### 5.Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased another item and sold it  at the loss of 10%. What is his overall gain/loss?

1. Gain of Rs 151.50
2. Gain of Rs 157.50
3. Loss of Rs 165
4. No Gain No Loss
Explanation:
Note:1st SP = Rs.4500 + 15% of 4500 = Rs.4500+Rs.675 = Rs.5175
2nd CP = Rs.5175.
2nd SP = Rs.5175 – 10% of 5175 = Rs.4657.50
Overall gain = Rs.4657.50 – 4500 = Rs.157.50.

# Profit and Loss Quiz

• #### 6.Mohan purchased 15 kgs of rice at the rate of Rs.26 per kg and 8 kgs of pulses at the rate of Rs.26 per kg. Wheat is the total amount that he paid to the shopkeeper?

1. Rs 598
2. Rs 594
3. Rs 596
4. Rs 595
Explanation:
Note:Price of 15 kgs of rice at Rs.26/kg = 15x26 = Rs.390
Price of 8 kgs of pulses at Rs.26/kg = 8x26 = Rs.208
Therefore, Total amount = Rs.390+Rs.208 = Rs.598.

1. 15
2. 16
3. 18
4. 25
Explanation:
Note:

1. 2000
2. 2200
3. 2400
4. 2600
Explanation:
Note:

1. 1090
2. 1160
3. 1190
4. 1202
Explanation:
Note:

1. 30%
2. 35%
3. 40%
4. 44%
Explanation:
Note: