Profit and Loss Gaining Insights

Profit and Loss Gaining Insights

#### If a store sold 500 items at a profit of Rs. 4 per item, what was the total profit made by the store? 1. [ ] Rs. 1000 2. [ ] Rs. 2000 3. [x] Rs. 2000 4. [ ] Rs. 4000 #### If a store bought 100 items for Rs. 20 each and then sold them for Rs. 30 each, what was the profit per item? 1. [ ] Rs. 10 2. [x] Rs. 10 3. [ ] Rs. 20 4. [ ] Rs. 30 #### If a store made a profit of Rs. 2000 on the sale of 50 items, what was the profit per item? 1. [ ] Rs. 40 2. [x] Rs. 40 3. [ ] Rs. 50 4. [ ] Rs. 100 #### If a store made a profit of Rs. 100 on the sale of an item, what was the profit percentage if the item was bought for Rs. 500? 1. [ ] 20% 2. [ ] 25% 3. [ ] 30% 4. [x] 20% #### If a store made a profit of Rs. 200 on the sale of an item, what was the profit percentage if the item was bought for Rs. 600? 1. [ ] 33% 2. [ ] 35% 3. [x] 33% 4. [ ] 40%