Loss

Q. Ram sold a flower vase at 10% loss. If the cost price of the vase was ₹ 120, then Ram sold it for .

1. ₹ 108
2. ₹ 100
3. ₹ 110
4. ₹ 105

Q. Total cost price is the sum of cost price along with all the expenses incurred on an article before it is sold.

1. True
2. False

Q.

A toy is sold for ₹ 800 at a loss of ₹ 80. The cost price of the toy is ___.

1. ₹ 870

2. ₹ 990

3. ₹ 880

4. ₹ 720

Q. Ram buys a cycle for ₹3300 and then sells it for ₹2500. He is said to have got a loss of ____ in this transaction.

1. ₹800
2. ₹700
3. ₹650
4. ₹550

Q. A 10 kg packet of cement costs ₹12, 500, with a tax of ₹1250. If all the cement was sold for ₹1300 per kg. Does the transaction accounts for a profit or a loss and by how much?

1. Loss of ₹750
2. Gain of ₹750
3. Loss of ₹75
4. Gain of ₹75

Q.

Which of the following relation is true with respect to Cost Price (C.P)?

1. C.P = S.P - Loss

2. C.P = S.P + Loss

3. C.P = M.P + Loss

4. C.P = Profit + Loss

Q.

An item that costs ₹20 is sold at a loss of ₹2. What is the SP?

1. ₹21

2. ₹18

3. ₹23

4. ₹24

Q.

If Ravi bought a car for Rs.3, 00, 000 and sold it to his friend for Rs. 2, 80, 000, did he make a profit or suffer a loss?

1. Profit
2. Loss
3. None of the above
4. All of the above

Q.

A shopkeeper sold two bats which have a cost price of ₹. 6000 each. He makes a profit of 10% on one of the bats but a loss of 5% on the other bat. Then he has made a ___________

1. Loss of 300 rupees

2. Profit of 300 rupees

3. Profit of 600 rupees

4. Loss of 600 rupees

Q. Shyam bought a bike for ₹70, 000 and sold it to his friend Ram at ₹50, 000. Determine if Shyam has made a profit or a loss and by how much?

1. Loss of ₹20, 000
2. Profit of ₹10, 000
3. Loss of ₹15, 000
4. Loss of ₹5, 000

Q.

A second hand bike was sold for ₹52, 000, at a loss of ₹4, 800. Find the cost price of the bike.

1. ₹56, 800

2. ₹47, 200

3. ₹52, 000

4. ₹4, 800

Q. Arjun sold a smartphone to his friend for ₹6000 which he had bought for ₹9000. What is the cost price of the smartphone for Arjun?

1. ₹9000
2. ₹6000
3. ₹3000
4. ₹15000

Q.

A shopkeeper sold a laptop for ₹38, 000 which he purchased for ₹40, 000. Find the cost price and selling price.

1. C.P = ₹38, 000, S.P = ₹40, 000

2. C.P = ₹40, 000, S.P = ₹38, 000

3. C.P = ₹30, 000, S.P = ₹29, 000

4. C.P = ₹10, 000, S.P = ₹13, 000

Q.

A man buys a car for $₹x$ and sells it for $₹y$. what is the loss?

Q. A man buys a chair for ₹ 1800. He wants to sell it at a profit of ₹ 200. The S.P of the chair is_________.

Q. Sugan bought a pair of jeans pant for Rs 750 not fit him. He sold it to his friend for Rs 710, Find the profit or loss to sugan.

Q. Hanif bought a case of 50 apples for Rs 260. He sold all the apples at Rs 5 per apple. How much was his profit or his loss?

Q. Vivaan bought a new watch for ₹6590 and then sold it to Rehaan for ₹5690. What will the difference between the two amounts be called for Vivaan?

(2 Marks)

Q. Rohan buys a cycle for ₹3300 and then sells it for ₹2500. He is said to have got a in this transaction.

1. profit
2. loss
3. discount

Q. Ram buys a cycle for ₹3300 and then sells it for ₹2500. Find the loss incurred by Ram.

Q.

A refrigerator was bought for ₹16, 890 and sold at a loss of ₹4, 620. Find the selling price of the refrigerator.

1. ₹4, 620

2. ₹12, 270

3. ₹21, 510

4. ₹16, 890

Q. The cost of an article is ₹15500 and ₹500 is spent on its repair. If the article is sold at a profit of 15%, then find its selling price.

Q.

Sohan bought a second-hand refrigerator for ₹ 2500 and spent ₹ 1500 on its repair. He then sold it for ₹ 3300. What is the gain or loss percentage?

1. 22.5% loss

2. 17.5% loss

3. 10% loss

4. 10% gain

Q. The cost of an article is ₹15500 and ₹450 is spent on its repair. If the article is sold at a profit of ₹550, then what is the selling price of the article?

[2 marks]

Q. A toy is sold for ₹800 at a loss of ₹80. Find the cost price of the toy.

Q. Rahim bought a dozen pencils at ₹5 per pencil. He sold half of them at ₹4 per pencil and the other half at ₹3 per pencil. Find the total loss.

1. ₹12
2. ₹18
3. ₹24
4. ₹6

Q. In a situation where there is neither profit nor loss, which of the following is correct?

1. S.P. > C.P.
2. C.P. = S.P.
3. C.P. > S.P.
   
4. C.P. = 2$\times$S.P.

Q. An electrician buys a used T.V for ₹ 12, 000. After spending ₹ 1000 on repairing the T.V, he fixes up the M.P of T.V as ₹ 15, 000. If he gives ₹ 1000 discount on T.V then what is his profit or loss?

Q.

A second hand bike was sold at ₹66000, at a loss of ₹5000. What is the cost price of the bike?

1. ₹70000

2. ₹69000

3. ₹71000

4. ₹72000

Q. C.P = ₹1305, S.P = ₹1035. What is the loss incurred?

1. ₹270
2. ₹720
3. ₹230
4. ₹250