138 + Mcqs in Profit & Loss in Mathematics Quizzes Page 3 McqOptions

101.	A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?
A.	Rs.20
B.	Rs.30
C.	Rs.40
D.	Rs.25
Answer» D. Rs.25

Discussion

102.	A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?
A.	2 3/2
B.	2 2/3
C.	2.5
D.	3
Answer» D. 3

Discussion

103.	A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?
A.	Rs.50
B.	Rs.60
C.	Rs.80
D.	Rs.90
Answer» D. Rs.90

Discussion

104.	A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?
A.	30%
B.	35%
C.	40%
D.	45%
E.	None of these
Answer» D. 45%

Discussion

105.	A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?
A.	Rs.600
B.	Rs.500
C.	Rs.250
D.	Rs.700
Answer» B. Rs.500

Discussion

106.	A person bought an article and sold it at a loss of 10 % if he had bought it for 20 % less and sold it for Rs. 55 more he would have had a profit of 40 %. The C.P of the article is:
A.	Rs. 200
B.	Rs. 225
C.	Rs. 250
D.	None of these
Answer» D. None of these

Discussion

107.	A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?
A.	Rs.250
B.	Rs.225
C.	Rs.275
D.	Rs.200
Answer» B. Rs.225

Discussion

108.	A owns a house worth Rs. 10000. He sells it to B at a profit of 10% based on the worth of the house. B sells the house back to A at a loss of 10% in this transaction A gets:
A.	No profit No loss
B.	Profit of Rs. 1000
C.	Profit of Rs. 1100
D.	Profit of Rs. 2000
Answer» D. Profit of Rs. 2000

Discussion

109.	A merchant sold his goods for Rs. 75 at a profit percent equal to C.P. The C.P was:________?
A.	Rs. 40
B.	Rs. 50
C.	Rs. 60
D.	Rs. 70
Answer» C. Rs. 60

Discussion

110.	A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?
A.	Rs. 15
B.	Rs. 16
C.	Rs. 17
D.	Rs. 18
Answer» D. Rs. 18

Discussion

111.	A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?
A.	0.25 % loss
B.	0.25 % gain
C.	25% loss
D.	25% gain
Answer» B. 0.25 % gain

Discussion

112.	A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?
A.	9% loss
B.	400
C.	4000
D.	324
Answer» B. 400

Discussion

113.	A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?
A.	22
B.	24
C.	25
D.	26
Answer» C. 25

Discussion

114.	A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?
A.	Rs.900
B.	Rs.875
C.	Rs.850
D.	Rs.860
Answer» E.

Discussion

115.	A man sells a car to his friend at 10 % loss. If the friend sells it for Rs. 54000 and gains 20 %. The original C.P of the car was:_________?
A.	Rs. 25000
B.	Rs. 37500
C.	Rs. 50000
D.	Rs. 60000
Answer» D. Rs. 60000

Discussion

116.	A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________?
A.	10%
B.	15%
C.	20%
D.	25%
Answer» E.

Discussion

117.	A man purchases an electric heater whose printed price is 160 if he received two successive discounts of 20% and 10% he paid:
A.	Rs. 112
B.	Rs. 129.60
C.	Rs. 119.60
D.	Rs. 115.20
Answer» E.

Discussion

118.	A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?
A.	20.98% profit
B.	20.98% loss
C.	20.89% profit
D.	20.89% loss
Answer» C. 20.89% profit

Discussion

119.	A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?
A.	Rs. 300
B.	Rs. 320
C.	Rs. 440
D.	Rs. 500
Answer» E.

Discussion

120.	A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be:________?
A.	40
B.	100
C.	120
D.	140
Answer» E.

Discussion

121.	A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?
A.	1% gain
B.	1% loss
C.	10% loss
D.	no gain or no loss
Answer» B. 1% loss

Discussion

122.	A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?
A.	1:5
B.	1:20
C.	2:5
D.	1:6
Answer» B. 1:20

Discussion

123.	A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?
A.	no profit, no loss
B.	20% profit
C.	less than 20% profit
D.	more than 20% profit
Answer» E.

Discussion

124.	A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?
A.	Rs.370
B.	Rs.375
C.	Rs.350
D.	Rs.300
Answer» C. Rs.350

Discussion

125.	A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?
A.	20%
B.	50%
C.	19 ½ %
D.	56 ¼ %
Answer» E.

Discussion

126.	A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20 % and the cow at a gain of 20 %. The entire transaction resulted in___________?
A.	No loss or gain
B.	Loss of Rs. 1000
C.	Gain of Rs. 1000
D.	Gain of Rs. 2000
Answer» C. Gain of Rs. 1000

Discussion

127.	A fruit vendor purchased 20 dozens of bananas at Rs. 15 per dozen. But one-fourth of the bananas were rotten and had to be thrown away. He sold two-third of the remaining bananas at Rs. 22.50 per dozen. At what price per dozen should he sell the remaining bananas to make neither a profit nor a loss?
A.	Rs. 20
B.	Rs. 15
C.	Rs. 22.50
D.	Rs. 7.50
E.	None of these
Answer» C. Rs. 22.50

Discussion

128.	A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________?
A.	8
B.	10
C.	11
D.	12
Answer» E.

Discussion

129.	A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?
A.	855 1/2 grams
B.	833 1/3 grams
C.	833 1/2 grams
D.	875 2/7 grams
Answer» C. 833 1/2 grams

Discussion

130.	A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?
A.	20%
B.	25%
C.	30%
D.	15%
Answer» C. 30%

Discussion

131.	A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?
A.	700 gms
B.	750 gms
C.	800 gms
D.	850 gms
Answer» D. 850 gms

Discussion

132.	A discount series of 10%, 20% and 40% is equal to a single discount of:_________?
A.	50%
B.	56.8%
C.	60%
D.	70.28%
Answer» C. 60%

Discussion

133.	A dealer purchases 15 articles for Rs. 25 and sells 12 articles for Rs. 30. Find the profit percentage?
A.	25%
B.	50%
C.	20%
D.	5%
E.	None of these
Answer» C. 20%

Discussion

134.	A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?
A.	75%
B.	50%
C.	100%
D.	80%
Answer» D. 80%

Discussion

135.	A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:________?
A.	9
B.	10
C.	11
D.	11 1/9
Answer» E.

Discussion

136.	A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:
A.	12%
B.	10%
C.	6%
D.	4%
Answer» C. 6%

Discussion

137.	A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?
A.	16 2/3%
B.	20%
C.	18%
D.	25%
Answer» C. 18%

Discussion

138.	A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40. Then how many shirts each costing Rs.32 he should purchase?
A.	6
B.	5
C.	10
D.	7
Answer» C. 10

Discussion

Explore topic-wise MCQs in Mathematics Quizzes.

A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?

A person purchased a TV set for Rs. 16000 and a DVD player for Rs. 6250. He sold both the items together for Rs. 31150. What percentage of profit did he make?

A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

A person bought an article and sold it at a loss of 10 % if he had bought it for 20 % less and sold it for Rs. 55 more he would have had a profit of 40 %. The C.P of the article is:

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

A owns a house worth Rs. 10000. He sells it to B at a profit of 10% based on the worth of the house. B sells the house back to A at a loss of 10% in this transaction A gets:

A merchant sold his goods for Rs. 75 at a profit percent equal to C.P. The C.P was:________?

A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?

A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?

A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

A man sells a car to his friend at 10 % loss. If the friend sells it for Rs. 54000 and gains 20 %. The original C.P of the car was:_________?

A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________?

A man purchases an electric heater whose printed price is 160 if he received two successive discounts of 20% and 10% he paid:

A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?

A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be:________?

A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?

A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20 % and the cow at a gain of 20 %. The entire transaction resulted in___________?

A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________?

A dishonest dealer professes to sell his goods at Cost Price but still gets 20% profit by using a false weight. What weight does he substitute for a kilogram?

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?

A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?

A discount series of 10%, 20% and 40% is equal to a single discount of:_________?

A dealer purchases 15 articles for Rs. 25 and sells 12 articles for Rs. 30. Find the profit percentage?

A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:________?

A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:

A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?

A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40. Then how many shirts each costing Rs.32 he should purchase?