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MCQ - TNPSC JTO

JTO - 540 - Trade - Workshop Calculation Science

540 UNIT 10 Estimation and Costing Profit and Loss

1)   

The main purpose of estimation is: 

A.
B.
C.
D.
Answer: C
2)   

If the volume of a wall is 15 m³ and one brick occupies 0.0015 m³, how many bricks are needed? 

A.
B.
C.
D.
Answer: B
3)   

Which of the following is not included in a typical cost estimate?

A.
B.
C.
D.
Answer: D
4)   

The thumb rule for cement consumption in 1 m³ of concrete is:

A.
B.
C.
D.
Answer: C
5)   

 If 1 m³ of concrete requires 0.25 m³ of sand, how much sand is needed for 5 m³? 

A.
B.
C.
D.
Answer: B
6)   

Which unit is used for steel reinforcement estimation?

A.
B.
C.
D.
Answer: C
7)   

In cost estimation, overhead charges typically include: 

A.
B.
C.
D.
Answer: C
8)   

A trader bought an item for ₹400 and sold it for ₹500. What is the profit percentage? 

A.
B.
C.
D.
Answer: B
9)   

Cost Price = ₹150, Profit = 10%. What is the Selling Price?

A.
B.
C.
D.
Answer: B
10)   

 If an article is sold at a loss of 15%, and its Cost Price is ₹600, what is the  Selling Price?

A.
B.
C.
D.
Answer: A
11)   

Profit is always calculated on: 

A.
B.
C.
D.
Answer: B
12)   

If Selling Price is ₹850 and Profit is 13.33%, what is Cost Price?

A.
B.
C.
D.
Answer: C
13)   

SI on ₹4000 at 5% for 3 years is: 

A.
B.
C.
D.
Answer: B
14)   

Time required to double the amount at 10% simple interest is:

A.
B.
C.
D.
Answer: B
15)   

SI = ₹1200, Principal = ₹6000, Rate = 10%. Find time.

A.
B.
C.
D.
Answer: B
16)   

What is the formula for Simple Interest?

A.
B.
C.
D.
Answer: A