3305 + Mcqs in Profit And Loss Page 12 McqOptions

551.	Aman and Bablu entered into a partnership just 7 months ago, although Aman had started the business 12 months ago. The ratio in which the profit was distributed is 19 : 17. If the capital invested by Aman was Rs 39900, then find the the capital invested by Bablu, at the time of joining the business.
A.	Rs 75,800
B.	Rs 45,800
C.	Rs 61,200
D.	Rs 42,000
E.	None of these
Answer» D. Rs 42,000

Discussion

552.	A trader had 1800 kgs of jowar. He sold a part of it at 15% profit and the rest at 7% profit, so that he made a total profit of 10%. How much jowar (in kg) did he sell at 15% profit?
A.	1125
B.	675
C.	775
D.	1025
Answer» C. 775

Discussion

553.	In a fruit shop, the cost price of 40 apples is equal to the selling price of 30 apples. The profit percentage earned by the shopkeeper is
A.	30%
B.	33.3%
C.	35.5%
D.	35%
Answer» C. 35.5%

Discussion

554.	If a shopkeeper cheats up to 12% in buying and selling fruits, using less weight, then his total profit percentage is:A. 25.25B. 25.44C. 25.75D. 25.5
A.	B
B.	A
C.	C
D.	D
Answer» B. A

Discussion

555.	A and B invest in a business in the ratio 4 ∶ 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B's share (in Rs) of this profit?
A.	25000
B.	20000
C.	18000
D.	22000
Answer» B. 20000

Discussion

556.	A shopkeeper sold two articles for Rs. 9471 each. On one, he gained 23% and on the other, he lost 23%. What is the overall percentage gain or loss?
A.	5.29% loss
B.	6.29% gain
C.	5.29% gain
D.	6.29% loss
Answer» B. 6.29% gain

Discussion

557.	A man loses 20% by selling an article for Rs. 96. For what amount should he have sold the article to gain 15%?
A.	Rs. 138
B.	Rs. 140
C.	Rs. 120
D.	Rs. 115
Answer» B. Rs. 140

Discussion

558.	If the ratio of selling price and cost price is 4 : 5 respectively, then what is the loss percentage?
A.	10
B.	16.66
C.	12.5
D.	20
Answer» E.

Discussion

559.	Anmol sold two items for Rs. 1000 each. On one, he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?
A.	Profit, 0.95%
B.	Loss, 1%
C.	Profit, 10%
D.	Loss, 10%
Answer» C. Profit, 10%

Discussion

560.	Marked price of a computer is Rs. 48000 and discount is 13%. What is additional discount (in percentage) should be offered to the customer to bring the price of computer to Rs. 39672?
A.	10
B.	5
C.	8
D.	9
Answer» C. 8

Discussion

561.	A man sells an article for Rs. 330 thereby gaining 10%. Then how much the article costs the man.
A.	Rs. 340
B.	Rs. 303
C.	Rs. 300
D.	Rs. 320
Answer» D. Rs. 320

Discussion

562.	A man bought three articles for Rs. 6,000 each. He sold the article respectively at 15% profit, 12% profit and 15% loss. The total percentage profit/loss he earned is:
A.	4% profit
B.	4% loss
C.	3% loss
D.	No profit no loss
Answer» B. 4% loss

Discussion

563.	If 120 liter of mixture contains milk and water in the ratio 17 : 7. How much more water should be added to get a new mixture containing milk and water in the ratio 4 : 3?
A.	25 litre
B.	26.75 litre
C.	27.5 litre
D.	28.75 litre
Answer» E.

Discussion

564.	A man buys Rs. 25 shares in company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A.	Rs. 20.70
B.	Rs. 21.80
C.	Rs. 22.50
D.	Rs. 24.60
Answer» D. Rs. 24.60

Discussion

565.	A fruit seller purchased 100 oranges for Rs. 80. If 20 of them are rotten, then at what price should he sell the rest of the oranges to have 25% profit per orange?
A.	Rs. 1.50
B.	Rs. 1.20
C.	Rs. 1
D.	Rs. 1.25
Answer» E.

Discussion

566.	500 showpieces were bought by a person for Rs. 25,000. He spent Rs. 5000 on some modification of the items. Thereafter he sold them at an overall profit of 10% What was the selling price of each showpiece?
A.	Rs. 60
B.	Rs. 66
C.	Rs. 64
D.	Rs. 63
Answer» C. Rs. 64

Discussion

567.	A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B has to pay 20% tax. A's net profit is what percent of B's net profit.
A.	118.8%
B.	180.0%
C.	306.25%
D.	304.5%
E.	None of the above/More than one of the above
Answer» D. 304.5%

Discussion

568.	A person sells an article at a profit of 12%. If he had purchased it for 12% less and sold it for Rs. 9 less, he would have gained 27%. What is the original cost price of the article?
A.	Rs. 4,500
B.	Rs. 4,000
C.	Rs. 4,250
D.	Rs. 3,750
Answer» E.

Discussion

569.	30 dozens of nuts were bought for Rs. 14400. If the nuts are sold in a packet of 5 for Rs. 250, then how much profit is earned?
A.	Rs. 4000
B.	Rs. 3600
C.	Rs. 3200
D.	Rs. 1440
Answer» C. Rs. 3200

Discussion

570.	Rahim bought a T.V. with 20% discount on marked price. If he had bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the T.V.?
A.	Rs. 16000
B.	Rs. 12000
C.	Rs. 10000
D.	Rs. 8000
Answer» E.

Discussion

571.	Ramesh started a business investing a sum of Rs. 40,000. Six months later, Kevin joined by investing Rs. 20,000. If they make a profit of Rs. 10,000 at the end of the year, how much is the share of Kevin?
A.	Rs. 2,000
B.	Rs. 2,500
C.	Rs. 4,000
D.	Rs. 3,000
Answer» B. Rs. 2,500

Discussion

572.	A and B started a business investing amounts of Rs. 92,500 and Rs. 1,12,500 respectively. If B's share in the profit earned by them is Rs. 9,000, what is the total profit (in Rs.) earned by them together?
A.	19,000
B.	20,000
C.	21,240
D.	16,400
Answer» E.

Discussion

573.	A person allows a 10% discount for each payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770?
A.	Rs. 610
B.	Rs. 620
C.	Rs. 630
D.	Rs. 640
Answer» D. Rs. 640

Discussion

574.	Jatin buys an article for 10% less than its value and sells it for 10% more than its value. His gain is
A.	20%
B.	\(22 \dfrac{7}{9}\%\)
C.	\(22 \dfrac{2}{9}\%\)
D.	None of the above
Answer» D. None of the above

Discussion

575.	If the cost price of an article is ₹ 200 and selling price of the same article is ₹ 225. Find the profit %.
A.	15%
B.	12.5%
C.	25%
D.	16%
Answer» C. 25%

Discussion

576.	Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answers.There are two people A and B who bought a book at the same cost and they mark up the price by 25%.Quantity 1: A sells the book after giving some discount, he bears no profit no loss on the transaction. Find the discount percent.Quantity 2: B gives the discount of Rs. 25 and the difference between the cost price and the discount is Rs.175, find the profit percent of the whole transaction.
A.	Quantity 1 > Quantity 2
B.	Quantity 1 < Quantity 2
C.	Quantity 1 ≤ Quantity 2
D.	Quantity 1 ≥ Quantity 2
E.	Either Quantity 1 = Quantity 2 or no relation can be established.
Answer» B. Quantity 1 < Quantity 2

Discussion

577.	A trader buys a Persian rug for Rs. 1235 and sells it for Rs. 1500. Find his gain percentage.
A.	20.1%
B.	21.46%
C.	17.67%
D.	22.5%
Answer» C. 17.67%

Discussion

578.	A started a business with Rs. 9000 and B joined him with Rs. 16000 after 3 months. After a year ‘A’ got 35% of total profit for his managerial work while remaining profit is divided into A and B according to their investment. If after an year ‘A’ got Rs. 52800 as his share, the total profit earned by them?
A.	74,000
B.	76,000
C.	80,000
D.	84,000
E.	88,000
Answer» E. 88,000

Discussion

579.	After applying 2 successive discounts of 20% and 10% an article was sold for Rs. 954. Find the marked price of the article.
A.	Rs. 1,325
B.	Rs. 1,500
C.	Rs. 1,600
D.	Rs. 1,750
Answer» B. Rs. 1,500

Discussion

580.	A fan is listed at Rs. 2400 with a discount of 10%. What additional discount must be offered to the customer to bring the net price to Rs. 2000?
A.	14%
B.	6%
C.	12%
D.	8%
Answer» E.

Discussion

581.	A shopkeeper sells rice at 10% profit and uses weight 30% less than the actual measure. His gain percent is
A.	\(57\frac{2}{3}\% \)
B.	\(57\frac{1}{7}\% \)
C.	\(57\frac{2}{5}\% \)
D.	\(57\frac{3}{7}\% \)
Answer» C. \(57\frac{2}{5}\% \)

Discussion

582.	If a rain coat has a marked price of Rs. 250, but was sold at Rs. 225, what could be its discount percentage?
A.	9%
B.	11%
C.	10%
D.	8%
Answer» D. 8%

Discussion

583.	If a vendor sells a coconut at Rs. 24 he makes 20% loss. If he sells at Rs. 36 then what is his profit percentage?
A.	10
B.	20
C.	30
D.	40
Answer» C. 30

Discussion

584.	On selling an article for Rs. 800, a person loses 20% of its selling price. At what price should he sell it to gain 25% on its cost price?
A.	Rs. 1,152
B.	Rs. 1,200
C.	Rs. 1,250
D.	Rs. 1,280
Answer» C. Rs. 1,250

Discussion

585.	A shopkeeper marks an article at a price such that after giving a discount of 25%, he gains x%. If the cost price and the marked price of the article are Rs. 460 and Rs. 736 respectively. What is the value of x?
A.	20%
B.	18%
C.	24%
D.	16%
Answer» B. 18%

Discussion

586.	N professes to lose 25% on rice and uses a weight of 750 gm instead of 1 kg. What is the total proﬁt or loss percentage?
A.	5.25% proﬁt
B.	12.5% proﬁt
C.	No proﬁt/loss
D.	5.25% loss
Answer» D. 5.25% loss

Discussion

587.	A table costing Rs. 750 was sold at 4% loss. Find out the selling price of the table.
A.	Rs. 720
B.	Rs. 745
C.	Rs. 730
D.	Rs. 780
Answer» B. Rs. 745

Discussion

588.	If a vendor sells a watermelon at Rs. 69 he makes 8% loss. If he wants to make 16% profit then at what price (in Rs.) should he sell?
A.	91
B.	83
C.	87
D.	79
Answer» D. 79

Discussion

589.	A person purchases 36 articles for ₹360. How many articles must he sold for ₹360, so that the profit is 50%?
A.	18
B.	36
C.	24
D.	32
Answer» D. 32

Discussion

590.	Mukesh got a series of discounts 30%, 25%, 15% on his shirt. Find out the single equivalent discount.A. 52.34%B. 38.35%C. 55.38%D. 57.38%
A.	B
B.	C
C.	D
D.	A
Answer» C. D

Discussion

591.	Garima bought a bag for Rs. 816 with a discount of 15% on the marked price. Find the marked price of the bag.
A.	Rs. 920
B.	Rs. 940
C.	Rs. 960
D.	Rs. 980
Answer» D. Rs. 980

Discussion

592.	An article is sold at 22.5% profit. What is the ratio of the cost price to the selling price?
A.	40 : 49
B.	34 : 63
C.	39 : 69
D.	31 : 57
Answer» B. 34 : 63

Discussion

593.	A trader makes a profit by selling goods at a profit of 20%. He also uses weights that are 20% less. What is his actual gain per cent?
A.	50%
B.	25%
C.	60%
D.	40%
Answer» B. 25%

Discussion

594.	An article is sold at a certain price. If it is sold at 80% of this price, then there will be a loss of 10%. What is the percent profit when the article is sold at the original selling price?
A.	12
B.	\(15\frac{1}{2}\)
C.	\(12\frac{1}{2}\)
D.	15
Answer» D. 15

Discussion

595.	A customer was offered a discount of 40% on a piece of cloth. On insisting further, the shopkeeper agreed to a further discount of 20% on above. What was the effective discount offered to the customer?
A.	60%
B.	48%
C.	52%
D.	54%
Answer» D. 54%

Discussion

596.	A defective piece of article which costs Rs. 1200 is being sold at a loss at 15%. If the price is further reduced by 5%, find the S.P.
A.	Rs. 1000
B.	Rs. 969
C.	Rs. 960
D.	Rs. 990
Answer» C. Rs. 960

Discussion

597.	A merchant bought 3 dozen trousers and 3 dozen shirts for Rs. 27,000. The cost of 2 trousers was the same as the cost of 3 shirts. At what price should he sell each shirt and trouser to make a profit of 10% on each item?
A.	Shirt at Rs. 300; trousers at Rs. 445
B.	Shirt at Rs. 350; trousers at Rs. 510
C.	Shirt at Rs. 330; trousers at Rs. 495
D.	Shirt at Rs. 270; trousers at Rs. 405
Answer» D. Shirt at Rs. 270; trousers at Rs. 405

Discussion

598.	Alloy A contains copper and zinc in the ratio of 4 ∶ 3 and alloy B contains copper and zinc in the ratio 5 ∶ 2. A and B are taken in the ratio of 5 ∶ 6 and melted to form a new alloy. The percentage of zinc in the new alloy is closest to∶
A.	36.8
B.	54
C.	34.2
D.	35
Answer» E.

Discussion

599.	A man gains 40% by selling an article for a certain price. If he sells it at double the price, then what will be the profit percentage?
A.	140
B.	280
C.	260
D.	180
Answer» E.

Discussion

600.	A invest Rs.3000 and B invest x amount in a partnership. After 6 months, C replaced B with some amount in his hand. If A’s share in profit at the end of the year is Rs.2000, find the amount that B invested.
A.	Rs. 2000
B.	Rs. 2500
C.	Rs. 3500
D.	Cannot be determined
E.	Rs. 4000
Answer» E. Rs. 4000

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A trader had 1800 kgs of jowar. He sold a part of it at 15% profit and the rest at 7% profit, so that he made a total profit of 10%. How much jowar (in kg) did he sell at 15% profit?

In a fruit shop, the cost price of 40 apples is equal to the selling price of 30 apples. The profit percentage earned by the shopkeeper is

If a shopkeeper cheats up to 12% in buying and selling fruits, using less weight, then his total profit percentage is:A. 25.25B. 25.44C. 25.75D. 25.5

A and B invest in a business in the ratio 4 ∶ 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business made a profit of Rs 49,000. What is B's share (in Rs) of this profit?

A shopkeeper sold two articles for Rs. 9471 each. On one, he gained 23% and on the other, he lost 23%. What is the overall percentage gain or loss?

A man loses 20% by selling an article for Rs. 96. For what amount should he have sold the article to gain 15%?

If the ratio of selling price and cost price is 4 : 5 respectively, then what is the loss percentage?

Anmol sold two items for Rs. 1000 each. On one, he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?

Marked price of a computer is Rs. 48000 and discount is 13%. What is additional discount (in percentage) should be offered to the customer to bring the price of computer to Rs. 39672?

A man sells an article for Rs. 330 thereby gaining 10%. Then how much the article costs the man.

A man bought three articles for Rs. 6,000 each. He sold the article respectively at 15% profit, 12% profit and 15% loss. The total percentage profit/loss he earned is:

If 120 liter of mixture contains milk and water in the ratio 17 : 7. How much more water should be added to get a new mixture containing milk and water in the ratio 4 : 3?

A man buys Rs. 25 shares in company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares?

A fruit seller purchased 100 oranges for Rs. 80. If 20 of them are rotten, then at what price should he sell the rest of the oranges to have 25% profit per orange?

500 showpieces were bought by a person for Rs. 25,000. He spent Rs. 5000 on some modification of the items. Thereafter he sold them at an overall profit of 10% What was the selling price of each showpiece?

A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B has to pay 20% tax. A's net profit is what percent of B's net profit.

A person sells an article at a profit of 12%. If he had purchased it for 12% less and sold it for Rs. 9 less, he would have gained 27%. What is the original cost price of the article?

30 dozens of nuts were bought for Rs. 14400. If the nuts are sold in a packet of 5 for Rs. 250, then how much profit is earned?

Rahim bought a T.V. with 20% discount on marked price. If he had bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the T.V.?

Ramesh started a business investing a sum of Rs. 40,000. Six months later, Kevin joined by investing Rs. 20,000. If they make a profit of Rs. 10,000 at the end of the year, how much is the share of Kevin?

A and B started a business investing amounts of Rs. 92,500 and Rs. 1,12,500 respectively. If B's share in the profit earned by them is Rs. 9,000, what is the total profit (in Rs.) earned by them together?

A person allows a 10% discount for each payment from the marked price of a toy and still he makes a 10% gain. What is the cost price of the toy which is marked Rs. 770?

Jatin buys an article for 10% less than its value and sells it for 10% more than its value. His gain is

If the cost price of an article is ₹ 200 and selling price of the same article is ₹ 225. Find the profit %.

A trader buys a Persian rug for Rs. 1235 and sells it for Rs. 1500. Find his gain percentage.

After applying 2 successive discounts of 20% and 10% an article was sold for Rs. 954. Find the marked price of the article.

A fan is listed at Rs. 2400 with a discount of 10%. What additional discount must be offered to the customer to bring the net price to Rs. 2000?

A shopkeeper sells rice at 10% profit and uses weight 30% less than the actual measure. His gain percent is

If a rain coat has a marked price of Rs. 250, but was sold at Rs. 225, what could be its discount percentage?

If a vendor sells a coconut at Rs. 24 he makes 20% loss. If he sells at Rs. 36 then what is his profit percentage?

On selling an article for Rs. 800, a person loses 20% of its selling price. At what price should he sell it to gain 25% on its cost price?

A shopkeeper marks an article at a price such that after giving a discount of 25%, he gains x%. If the cost price and the marked price of the article are Rs. 460 and Rs. 736 respectively. What is the value of x?

N professes to lose 25% on rice and uses a weight of 750 gm instead of 1 kg. What is the total proﬁt or loss percentage?

A table costing Rs. 750 was sold at 4% loss. Find out the selling price of the table.

If a vendor sells a watermelon at Rs. 69 he makes 8% loss. If he wants to make 16% profit then at what price (in Rs.) should he sell?

A person purchases 36 articles for ₹360. How many articles must he sold for ₹360, so that the profit is 50%?

Mukesh got a series of discounts 30%, 25%, 15% on his shirt. Find out the single equivalent discount.A. 52.34%B. 38.35%C. 55.38%D. 57.38%

Garima bought a bag for Rs. 816 with a discount of 15% on the marked price. Find the marked price of the bag.

An article is sold at 22.5% profit. What is the ratio of the cost price to the selling price?

A trader makes a profit by selling goods at a profit of 20%. He also uses weights that are 20% less. What is his actual gain per cent?

An article is sold at a certain price. If it is sold at 80% of this price, then there will be a loss of 10%. What is the percent profit when the article is sold at the original selling price?

A customer was offered a discount of 40% on a piece of cloth. On insisting further, the shopkeeper agreed to a further discount of 20% on above. What was the effective discount offered to the customer?

A defective piece of article which costs Rs. 1200 is being sold at a loss at 15%. If the price is further reduced by 5%, find the S.P.

A merchant bought 3 dozen trousers and 3 dozen shirts for Rs. 27,000. The cost of 2 trousers was the same as the cost of 3 shirts. At what price should he sell each shirt and trouser to make a profit of 10% on each item?

Alloy A contains copper and zinc in the ratio of 4 ∶ 3 and alloy B contains copper and zinc in the ratio 5 ∶ 2. A and B are taken in the ratio of 5 ∶ 6 and melted to form a new alloy. The percentage of zinc in the new alloy is closest to∶

A man gains 40% by selling an article for a certain price. If he sells it at double the price, then what will be the profit percentage?

A invest Rs.3000 and B invest x amount in a partnership. After 6 months, C replaced B with some amount in his hand. If A’s share in profit at the end of the year is Rs.2000, find the amount that B invested.