Profit, Loss & Interest
52 questions available
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Q1.The Price of produce is 800000 and increased by 8:9, The new price is?
Correct Answer: A
Q2.The primary objective of cost accounting is to :
Correct Answer: A
Q3.Verification of the value of assets, liabilities, the balance of reserves, provision, and the amount of profit earned or loss suffered by a firm is called:
Correct Answer: C
Q4.The Principal which will amounts to Rs. 270.40 in 2 years at the rate of 4% per annum compound interest is:
Correct Answer: C
Q5.If books bought at prices ranging from Rs. 150 to Rs. 300 are sold at prices ranging from Rs. 250 to Rs. 350, what is the greatest possible profit that might be made in selling 15 books?
Correct Answer: C
Q6.If books bought at prices ranging from Rs. 150 to Rs.300 are sold at prices ranging from Rs.250 to Rs.350 what is the greatest possible profit that might be made in selling 15 books?
Correct Answer: C
Q7.A toy is sold for Rs.220. What was the cost if the rate of profit was 10% of the cost?
Correct Answer: C
Q8.If Ali get 25% profit by selling an article in 250 rupees what is the original price of the article?
Correct Answer: A
Q9.Akram sold a plot at Rs 60,000 and the cost of the plot is Rs 57,000 then the profit he earns is?
Correct Answer: B
Q10.If the Interest rate of Rs 800 be more than the Interest on Rs 400 by Rs 40 in 2 years then than the rate of Interest per annum Is:
Correct Answer: A
Q11.The selling price of an article is Rs.118 and the profit earned is50% The cost price of the article is:
Correct Answer: C
Q12.Haider made a profit of 25% in the first year . Next year he had a loss of 20% on the capital he had at the beginning of second year. What was his overall loss or profit?
Correct Answer: D
Q13.____ is outcome of payment divided by the interest rate:
Correct Answer: C
Q14.Return on investment is computed:
Correct Answer: B
Q15.If a shopkeeper earns 30%profit on a thing . If its price rises 25 %.How much Profit he will take:
Correct Answer: D
Q16.If Ali get 25% profit by selling an article in 250 rupees what is the orignal price of the article?
Correct Answer: A
Q17.Akram sold a plot at Rs 60,000 and cost of the plot is Rs 57,000 then the profit he earns is?
Correct Answer: B
Q18.The cost price of 20 article is the same as the selling price of X article If the profit 25% then the value of X is :
Correct Answer: B
Q19.A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
Correct Answer: B
Correct Answer: 698.
Q20.71. f the principal amount is Rs. 15580, interest rate is 5% for a year and a half. Calculate the simple interest?
Correct Answer: A