Decoding Profit and Loss CP and SP

Decoding Profit and Loss CP and SP

#### A store sells a toy for Rs. 25 and has a markup of 40% on the cost price. What is the cost price of the toy? 1. [ ] Rs. 15 2. [ ] Rs. 75 3. [x] Rs. 17.86 4. [ ] Rs. 20 #### If the selling price of an article is Rs. 120 and the cost price is Rs. 96, what is the profit percentage? 1. [ ] 12% 2. [x] 25% 3. [ ] 33% 4. [ ] 44% #### A vendor purchased 500 items for Rs. 42 each. If he wants to make a profit of 20% on the selling price, what should be the selling price of each item? 1. [ ] Rs. 46 2. [ ] Rs. 50 3. [x] Rs. 51 4. [ ] Rs. 54 #### If the cost price of 8 identical items is Rs. 120, what is the cost price of each item? 1. [x] Rs. 15 2. [ ] Rs. 18 3. [ ] Rs. 20 4. [ ] Rs. 24 #### If a shopkeeper sells goods worth Rs. 1200 for 5 days in a week, what is the average daily sales of the shopkeeper? 1. [ ] Rs. 168 2. [ ] Rs. 200 3. [x] Rs. 240 4. [ ] Rs. 280 #### If the cost price of an item is Rs. 50 and a profit of 10% is made on the selling price, what is the selling price? 1. [x] Rs. 55 2. [ ] Rs. 56 3. [ ] Rs. 57 4. [ ] Rs. 58 #### If the selling price of a product is Rs. 15, what should be the cost price of the product if the shopkeeper wants to make a profit of 40% on the cost price? 1. [ ] Rs. 9 2. [ ] Rs. 10 3. [ ] Rs. 11 4. [x] Rs. 10.71 #### If the cost price of 15 identical items is Rs. 25 each , what is the total cost of all the items? 1. [x] Rs. 375 2. [ ] Rs. 376 3. [ ] Rs. 377 4. [ ] Rs. 378