Profit and Loss with Explanation

Q15. Yuvraj bought 15 dozens of rice bags at a rate of Rs. 360 per dozen. He sold each of the rice bags at Rs. 33. What was his percentage gain?

A. 12.50% B. 11%
C. 10% D. 13%

Q16. Mike purchases an old car for Rs. 72,000 and spends Rs. 8,000 on its repair. If he manages to sell the car in Rs. 100,000 then what is his gain percent?

A. 22% B. 25%
C. 30% D. 28%

Q17. If the cost price of 25 books is equal to the selling price of 20 books, then the gain percent is:

A. 30% B. 15%
C. 20% D. 25%