3305 + Mcqs in Profit And Loss Page 11 McqOptions

501.	An article has a marked price of Rs. 6800. If two successive discounts of 12% and 20% are given, then what will be the selling price (in Rs.) of the article?
A.	4787.2
B.	4624
C.	4460.8
D.	4524
Answer» B. 4624

Discussion

502.	By selling 45 apples for Rs. 40, a person loses 20%. How many apples he should sell for Rs. 24 to gain 20% in the transaction?
A.	12
B.	14
C.	16
D.	18
Answer» E.

Discussion

503.	A shopkeeper sells an item with 40% profit. Find the discount on selling price if he sells the same item for Rs. 60, if his cost is Rs. 50.
A.	18.6 percent
B.	16.7 percent
C.	15.5 percent
D.	14.3 percent
Answer» E.

Discussion

504.	A shopkeeper marks the price of an article at Rs. 320. Find the cost price if after allowing a discount of 10%, he still gains 20% on the cost price.A. Rs. 240B. Rs. 280C. Rs. 300D. Rs. 264
A.	A
B.	C
C.	B
D.	D
Answer» B. C

Discussion

505.	A and B are partners sharing profits in the ratio of 3: 2. C is admitted with one-third share in the profits. Which one of the following is the new profit-sharing ratio of the partners?
A.	6 : 4 : 5
B.	6 : 54 : 3
C.	6 : 5 : 5
D.	3 : 2 : 5
Answer» B. 6 : 54 : 3

Discussion

506.	A person sold his article at the cost price for Rs. 150000 after giving two successive discounts of 20% and 25%. Had sold it at marked price find the profit.
A.	Rs. 125000
B.	Rs. 250000
C.	Rs. 100000
D.	Rs. 150000
E.	Rs. 200000
Answer» D. Rs. 150000

Discussion

507.	If the selling price of an article is \(1\frac{2}{5}\) of its cost price, the percentage gain is:
A.	47
B.	40
C.	20
D.	25
Answer» C. 20

Discussion

508.	A person sells an article for Rs. 550, gaining \(\frac{1}{10}\) of its C.P. Its gain percentage is ___________.
A.	5%
B.	5.5%
C.	55%
D.	10%
Answer» E.

Discussion

509.	A trader allows a discount of 18% on the marked price of an article. How much percentage above the cost price must he mark it so as to get a profit of 6.6%?
A.	24
B.	28
C.	25
D.	30
Answer» E.

Discussion

510.	On selling an article for Rs. 329, a dealer lost 6%. What will be the cost price of the article?
A.	Rs. 348.74
B.	Rs. 310.37
C.	Rs. 350
D.	Rs. 335
Answer» D. Rs. 335

Discussion

511.	A trader sells two articles for Rs. 9520 each, one at a profit of 12% and the other at a loss of 15%. His overall percentage loss (correct to one decimal place) is:
A.	3.8
B.	3.1
C.	4.4
D.	3.4
Answer» E.

Discussion

512.	Prem purchased an old printer for Rs. 3,200 and spent Rs. 600 on its repair. He sold it for Rs. 4,280. His profit per cent is closest to: (correct upto two decimal places)
A.	16.92%
B.	18.45%
C.	15.78%
D.	12.63%
Answer» E.

Discussion

513.	By Selling 2 articles for 1 rupee, a man gains 20%. Had he sold 4 articles per rupee, then what will be the loss percentage?
A.	25
B.	20
C.	30
D.	40
Answer» E.

Discussion

514.	A shopkeeper earns 20% profit by selling an article for Rs. 150 above its cost price. If the article is sold after a discount of 25%, then the marked price of the article is∶
A.	Rs. 1,125
B.	Rs. 1,150
C.	Rs. 1,200
D.	Rs. 1,250
Answer» D. Rs. 1,250

Discussion

515.	An article is sold for Rs. 680 after two successive discounts of 20% and x% on its marked price. The marked price of the article is Rs. 1,000. What is the value of x?
A.	16
B.	15
C.	15.5
D.	12.5
Answer» C. 15.5

Discussion

516.	A shopkeeper loses 16% when he sells an article for Rs. 2,730. If he sells it for Rs. 3,458, his loss/gain percentage is:
A.	Gain : 6.4%
B.	Gain : 6%
C.	Loss : 6%
D.	Loss : 6.4%
Answer» B. Gain : 6%

Discussion

517.	A trader sells 145 metres of cloth for Rs 12,325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 metre of cloth?
A.	Rs 75
B.	Rs 65
C.	Rs 95
D.	Rs 85
Answer» B. Rs 65

Discussion

518.	After giving 40% discount on an article there is still a profit of 20%. What will be the profit percentage when no discount is given?
A.	60
B.	68
C.	78
D.	100
Answer» E.

Discussion

519.	A vegetable seller bought 10 dozens of potatoes for Rs. 120, another 5 dozens for Rs. 50 and another 5 dozens for Rs. 30. He sold potatoes for Rs. 9 a dozen. How much discount did he offer overall?
A.	11.11%
B.	10%
C.	7.5%
D.	5%
Answer» C. 7.5%

Discussion

520.	On a machine there is 10% trade discount on the marked price of Rs 250000. But the machine is sold at Rs. 216000 after giving a cash discount. How much is this cash discount (in %)?
A.	5
B.	4
C.	6
D.	7
Answer» C. 6

Discussion

521.	A shopkeeper earns the same percent of profit as well as loss by selling two similar pieces of furniture for Rs. 18000 and Rs. 10000, respectively. At what price should be selling it to earn a profit of 50%?
A.	Rs. 21,000
B.	Rs. 20,250
C.	Rs. 21,750
D.	Rs. 19,500
Answer» B. Rs. 20,250

Discussion

522.	An item is sold at two successive discounts of 10% and 10%. The selling price of article after the two discount is Rs. 4050. If it is sold only at one discount of 20%, then what will be the selling price (in Rs) of the article?
A.	4000
B.	5000
C.	4500
D.	5500
Answer» B. 5000

Discussion

523.	A person sold an article at a loss of 16%. Had he sold it for Rs. 660 more, he would have gained 8%. If the article is sold at Rs. 3080, then how much profit percentage is gained ?
A.	15%
B.	20%
C.	12%
D.	10%
Answer» D. 10%

Discussion

524.	A dealer sold 6 sewing machines for Rs. 63,000 with a profit of 5%. For how much should be sell 8 machines if he intends to earn 15% profit?
A.	Rs. 88,200
B.	Rs. 92,400
C.	Rs. 69,300
D.	Rs. 92,000
Answer» E.

Discussion

525.	A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their profit (in Rs) at the end of the year, if C got Rs. 24,000 as his share?
A.	120000
B.	150000
C.	90000
D.	180000
Answer» D. 180000

Discussion

526.	A shopkeeper sells an article at a certain price. What is his gain or loss percent, if by selling it at 75% of that price, he loses 10%?
A.	Gain, 20%
B.	Gain, 25%
C.	Loss, 20%
D.	Loss, 25%
Answer» B. Gain, 25%

Discussion

527.	If the selling price is Rs. 72 and gain percentage 20%, calculate the cost price.A. Rs. 60B. Rs. 58C. Rs. 61D. Rs. 59
A.	D
B.	A
C.	B
D.	C
Answer» C. B

Discussion

528.	Anil bought 100 eggs at Rs. 6 per egg. He sold 25 eggs at 10% profit, another 25 eggs at 25% loss and the balance 50 eggs at 20% profit. Find the overall profit or loss percent Anil made.
A.	6.25% loss
B.	6.25% profit
C.	8% profit
D.	12% loss
Answer» C. 8% profit

Discussion

529.	A person sells a product at Rs. 360 and makes a 10% loss. What will be the selling price if 30% profit is to be made?
A.	Rs. 525
B.	Rs. 515
C.	Rs. 520
D.	Rs. 540
Answer» D. Rs. 540

Discussion

530.	A dealer buys an article marked at Rs. 30000 with two successive discounts of 20% and 5%. He spends Rs. 1200 on repairs and sells it for Rs. 30000, what is his profit/loss percent?
A.	20% loss
B.	25% profit
C.	25% loss
D.	20% profit
Answer» C. 25% loss

Discussion

531.	Mahesh buys a watch of Rs. 300 and sells it. Mahesh gives two successive discount of 15% and 6% to the buyer. What will be the selling price (in Rs.) of the watch?
A.	213.4
B.	242.3
C.	239.7
D.	247.4
Answer» D. 247.4

Discussion

532.	A shopkeeper buys a dozen umbrella for Rs. 1200. Two of the umbrellas were damaged during transportation. Find his profit percentage, if he sells rest of the umbrellas at Rs. 150 each?
A.	20%
B.	15%
C.	25%
D.	10%
Answer» D. 10%

Discussion

533.	A man buys 8 oranges for a rupee and sell 6 oranges for a rupee. What is the proﬁt percentage?
A.	25
B.	20
C.	33.33
D.	10
Answer» D. 10

Discussion

534.	A wholesaler sells a good to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 2,000, what had it cost (in Rs.) the wholesaler?
A.	1731.6
B.	3210.6
C.	1931.6
D.	2310.6
Answer» B. 3210.6

Discussion

535.	A person buys 25 kg of rice for Rs. 600 and sells them at a loss equal to the selling price of 5 kg rice. What will be the loss percentage?
A.	14.28%
B.	16.66%
C.	25%
D.	20%
Answer» C. 25%

Discussion

536.	A shopkeeper purchased a pen drive of marked price Rs. 1000 at successive discounts of 10% & 15% respectively. He spent Rs. 35 on the packaging and sold it on Rs. 1000. Calculate the Gain percent.A. No GainB. 25%C. 30%D. 35%
A.	D
B.	C
C.	A
D.	B
Answer» E.

Discussion

537.	If Ram buys a dozen table for Rs. 8000 and sells each table for Rs. 800, what will be his profit percentage?
A.	10%
B.	15%
C.	20%
D.	25%
Answer» D. 25%

Discussion

538.	A and B invest some amount in the ratio 3 : 5 in a business. After 6 months, C joins them with an investment equal to that of B. In what ratio should the yearly profit be shared among A, B and C?
A.	3 : 5 : 6
B.	3 : 5 : 4
C.	6 : 7 : 5
D.	6 : 10 : 5
Answer» E.

Discussion

539.	If the cost price of 25 articles is equal to the selling price of 35 articles find the profit/loss percentage.
A.	Profit - 28.57%
B.	Profit - 18.93%
C.	Loss - 18.93%
D.	Loss - 28.57%
Answer» E.

Discussion

540.	On selling two items each at Rs 1250, the trader makes an overall profit of 25 percent. If the cost price of one item was Rs. 900, what was the cost price of the other?
A.	Rs. 1100
B.	Rs. 1250
C.	Rs. 1000
D.	Rs. 1200
Answer» B. Rs. 1250

Discussion

541.	Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs. 20000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh?
A.	Rs. 4000
B.	Rs. 10000
C.	Rs. 5000
D.	Rs. 6000
Answer» D. Rs. 6000

Discussion

542.	Arun buys a scooter at Rs. 14,000 and sells it at a loss of 25%. What is the selling price of the scooter?
A.	Rs. 10,510
B.	Rs. 10,520
C.	Rs. 10,530
D.	Rs. 10,500
Answer» E.

Discussion

543.	A shopkeeper offers a discount of K percent on a product A and (K + 15) percent on product B. The marked price of A and B is same. If the ratio of the selling price of B to that of A is 13 : 16, then find the discount percentage of product A.
A.	15 percent
B.	22 percent
C.	20 percent
D.	25 percent
Answer» D. 25 percent

Discussion

544.	A person makes a profit of 20% by selling an article. If he purchased the articles at 20% less and sell it 10% more, what would be the new profit percentage?
A.	65%
B.	8%
C.	15%
D.	20%
Answer» B. 8%

Discussion

545.	On selling an article for Rs 455, a shopkeeper losses 30%. For how much (in Rs) he should sell the article in order to earn a profit of 30%?
A.	750
B.	245
C.	845
D.	680
Answer» D. 680

Discussion

546.	A pen is sold at a discount of 36.36%. If the marked price of the pen is Rs. 14300, then what is the approximate selling price of the pen?
A.	8600
B.	9100
C.	10200
D.	11700
Answer» C. 10200

Discussion

547.	A shopkeeper sold a pair of trousers at a loss of 13.5% If he paid Rs. 400 for the pair, how much did he sell them for?
A.	Rs. 337
B.	Rs. 346
C.	Rs. 329
D.	Rs. 338
Answer» C. Rs. 329

Discussion

548.	A shopkeeper sells his articles at their cost price but uses a faulty balance which reads 1000 gm for 800 gm. What is the actual profit percentage?
A.	20%
B.	25%
C.	30%
D.	40%
Answer» C. 30%

Discussion

549.	A trader sells two articles for Rs 1875 each. If he gains 25% on one and losses 25% on other, then what is the value (in Rs) of the loss?
A.	150
B.	250
C.	400
D.	500
Answer» C. 400

Discussion

550.	An eraser cost Rs. 3. The cost of 20 erasers is equal to the cost of three pens. The cost of one pen is equal to the cost of two pencils and the cost of six pencils is equal to the cost of five markers. What is the cost of one marker?
A.	Rs. 15
B.	Rs. 9
C.	Rs. 13.50
D.	Rs.12
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

An article has a marked price of Rs. 6800. If two successive discounts of 12% and 20% are given, then what will be the selling price (in Rs.) of the article?

By selling 45 apples for Rs. 40, a person loses 20%. How many apples he should sell for Rs. 24 to gain 20% in the transaction?

A shopkeeper sells an item with 40% profit. Find the discount on selling price if he sells the same item for Rs. 60, if his cost is Rs. 50.

A shopkeeper marks the price of an article at Rs. 320. Find the cost price if after allowing a discount of 10%, he still gains 20% on the cost price.A. Rs. 240B. Rs. 280C. Rs. 300D. Rs. 264

A and B are partners sharing profits in the ratio of 3: 2. C is admitted with one-third share in the profits. Which one of the following is the new profit-sharing ratio of the partners?

A person sold his article at the cost price for Rs. 150000 after giving two successive discounts of 20% and 25%. Had sold it at marked price find the profit.

If the selling price of an article is \(1\frac{2}{5}\) of its cost price, the percentage gain is:

A person sells an article for Rs. 550, gaining \(\frac{1}{10}\) of its C.P. Its gain percentage is ___________.

A trader allows a discount of 18% on the marked price of an article. How much percentage above the cost price must he mark it so as to get a profit of 6.6%?

On selling an article for Rs. 329, a dealer lost 6%. What will be the cost price of the article?

A trader sells two articles for Rs. 9520 each, one at a profit of 12% and the other at a loss of 15%. His overall percentage loss (correct to one decimal place) is:

Prem purchased an old printer for Rs. 3,200 and spent Rs. 600 on its repair. He sold it for Rs. 4,280. His profit per cent is closest to: (correct upto two decimal places)

By Selling 2 articles for 1 rupee, a man gains 20%. Had he sold 4 articles per rupee, then what will be the loss percentage?

A shopkeeper earns 20% profit by selling an article for Rs. 150 above its cost price. If the article is sold after a discount of 25%, then the marked price of the article is∶

An article is sold for Rs. 680 after two successive discounts of 20% and x% on its marked price. The marked price of the article is Rs. 1,000. What is the value of x?

A shopkeeper loses 16% when he sells an article for Rs. 2,730. If he sells it for Rs. 3,458, his loss/gain percentage is:

A trader sells 145 metres of cloth for Rs 12,325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 metre of cloth?

After giving 40% discount on an article there is still a profit of 20%. What will be the profit percentage when no discount is given?

A vegetable seller bought 10 dozens of potatoes for Rs. 120, another 5 dozens for Rs. 50 and another 5 dozens for Rs. 30. He sold potatoes for Rs. 9 a dozen. How much discount did he offer overall?

On a machine there is 10% trade discount on the marked price of Rs 250000. But the machine is sold at Rs. 216000 after giving a cash discount. How much is this cash discount (in %)?

A shopkeeper earns the same percent of profit as well as loss by selling two similar pieces of furniture for Rs. 18000 and Rs. 10000, respectively. At what price should be selling it to earn a profit of 50%?

An item is sold at two successive discounts of 10% and 10%. The selling price of article after the two discount is Rs. 4050. If it is sold only at one discount of 20%, then what will be the selling price (in Rs) of the article?

A person sold an article at a loss of 16%. Had he sold it for Rs. 660 more, he would have gained 8%. If the article is sold at Rs. 3080, then how much profit percentage is gained ?

A dealer sold 6 sewing machines for Rs. 63,000 with a profit of 5%. For how much should be sell 8 machines if he intends to earn 15% profit?

A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their profit (in Rs) at the end of the year, if C got Rs. 24,000 as his share?

A shopkeeper sells an article at a certain price. What is his gain or loss percent, if by selling it at 75% of that price, he loses 10%?

If the selling price is Rs. 72 and gain percentage 20%, calculate the cost price.A. Rs. 60B. Rs. 58C. Rs. 61D. Rs. 59

Anil bought 100 eggs at Rs. 6 per egg. He sold 25 eggs at 10% profit, another 25 eggs at 25% loss and the balance 50 eggs at 20% profit. Find the overall profit or loss percent Anil made.

A person sells a product at Rs. 360 and makes a 10% loss. What will be the selling price if 30% profit is to be made?

A dealer buys an article marked at Rs. 30000 with two successive discounts of 20% and 5%. He spends Rs. 1200 on repairs and sells it for Rs. 30000, what is his profit/loss percent?

Mahesh buys a watch of Rs. 300 and sells it. Mahesh gives two successive discount of 15% and 6% to the buyer. What will be the selling price (in Rs.) of the watch?

A shopkeeper buys a dozen umbrella for Rs. 1200. Two of the umbrellas were damaged during transportation. Find his profit percentage, if he sells rest of the umbrellas at Rs. 150 each?

A man buys 8 oranges for a rupee and sell 6 oranges for a rupee. What is the proﬁt percentage?

A wholesaler sells a good to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 2,000, what had it cost (in Rs.) the wholesaler?

A person buys 25 kg of rice for Rs. 600 and sells them at a loss equal to the selling price of 5 kg rice. What will be the loss percentage?

A shopkeeper purchased a pen drive of marked price Rs. 1000 at successive discounts of 10% & 15% respectively. He spent Rs. 35 on the packaging and sold it on Rs. 1000. Calculate the Gain percent.A. No GainB. 25%C. 30%D. 35%

If Ram buys a dozen table for Rs. 8000 and sells each table for Rs. 800, what will be his profit percentage?

A and B invest some amount in the ratio 3 : 5 in a business. After 6 months, C joins them with an investment equal to that of B. In what ratio should the yearly profit be shared among A, B and C?

If the cost price of 25 articles is equal to the selling price of 35 articles find the profit/loss percentage.

On selling two items each at Rs 1250, the trader makes an overall profit of 25 percent. If the cost price of one item was Rs. 900, what was the cost price of the other?

Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs. 20000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh?

Arun buys a scooter at Rs. 14,000 and sells it at a loss of 25%. What is the selling price of the scooter?

A shopkeeper offers a discount of K percent on a product A and (K + 15) percent on product B. The marked price of A and B is same. If the ratio of the selling price of B to that of A is 13 : 16, then find the discount percentage of product A.

A person makes a profit of 20% by selling an article. If he purchased the articles at 20% less and sell it 10% more, what would be the new profit percentage?

On selling an article for Rs 455, a shopkeeper losses 30%. For how much (in Rs) he should sell the article in order to earn a profit of 30%?

A pen is sold at a discount of 36.36%. If the marked price of the pen is Rs. 14300, then what is the approximate selling price of the pen?

A shopkeeper sold a pair of trousers at a loss of 13.5% If he paid Rs. 400 for the pair, how much did he sell them for?

A shopkeeper sells his articles at their cost price but uses a faulty balance which reads 1000 gm for 800 gm. What is the actual profit percentage?

A trader sells two articles for Rs 1875 each. If he gains 25% on one and losses 25% on other, then what is the value (in Rs) of the loss?

An eraser cost Rs. 3. The cost of 20 erasers is equal to the cost of three pens. The cost of one pen is equal to the cost of two pencils and the cost of six pencils is equal to the cost of five markers. What is the cost of one marker?