Profit & Loss-1

1.	Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
	A. 4 4 % 7 B. 5 5 % 11 C. 10% D. 12% View Answer

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2.	The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
	A. 15 B. 16 C. 18 D. 25 View Answer

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3.	If selling price is doubled, the profit triples. Find the profit percent.
	A. 66 2 3 B. 100 C. 105 1 3 D. 120 View Answer

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4.	In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
	A. 30% B. 70% C. 100% D. 250% View Answer

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5.	A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
	A. 3 B. 4 C. 5 D. 6 View Answer