3305 + Mcqs in Profit And Loss Page 14 McqOptions

651.	A shopkeeper sells sugar at the rate of Rs. 19 per kg and loses 5%. How many rupees per kg should he sell sugar to earn a profit of 10%?A. Rs. 20B. Rs. 21C. Rs. 22D. Rs. 23
A.	B
B.	C
C.	D
D.	A
Answer» C. D

Discussion

652.	A shopkeeper blends two varieties of tea, priced at Rs. 18 and Rs. 13 per kilogram, respectively in the ratio of 6 : 4. If he sells the blended variety for Rs. 20 per kilogram, then what is the percentage profit in the transaction?
A.	20 %
B.	30 %
C.	25 %
D.	35 %
Answer» D. 35 %

Discussion

653.	Bella sold a painting worth $1450 to Teddy at 10% profit. Teddy sold it to Benny at a 10% loss. If Benny would buy the painting from Bella at the same price at which he bought it from Teddy, what would be Bella's profit or loss percentage?
A.	1% profit
B.	2% profit
C.	2% loss
D.	1% loss
Answer» E.

Discussion

654.	A sum of Rs. 7,560 is divided between A, B and C such that if their shares are diminished by Rs. 400, Rs. 300 and Rs. 260, respectively, then their shares are in the ratio 4 ∶ 2 ∶ 5. What is the original share of B?
A.	Rs. 1,500
B.	Rs. 1,200
C.	Rs. 2,400
D.	Rs. 2,700
Answer» B. Rs. 1,200

Discussion

655.	A sold an article for Rs. 1495 at a profit of 15%. He purchased another article having cost price equal to the previous article. He sold this new article at a profit of 10%. How much total profit has A earned?
A.	Rs. 325
B.	Rs. 375
C.	Rs. 425
D.	Rs. 450
Answer» B. Rs. 375

Discussion

656.	A person loses 20% when he sells an article for Rs. 230. What percentage will he gain if he sells it for Rs. 339.25?
A.	15
B.	12
C.	20
D.	18
Answer» E.

Discussion

657.	A merchant brought an article for Rs. 170. Even after allowing a discount of 15% on that he earns profit of 20%. Find its market price.
A.	Rs. 250
B.	Rs. 240
C.	Rs. 230
D.	Rs. 210
Answer» C. Rs. 230

Discussion

658.	A shopkeeper offers 35% discount on shirts which have been marked 60% above the cost price. Ajay bought the shirt for Rs. 7280 What was the cost price (in Rs) of the shirt?
A.	5200
B.	7000
C.	4800
D.	6800
Answer» C. 4800

Discussion

659.	Profit of Rs. 42,500 has to be divided between three partners A, B and C in the ratio 3 ∶ 5 ∶ 9. How much (in Rs) does A get?
A.	12500
B.	9500
C.	22500
D.	7500
Answer» E.

Discussion

660.	If some books are bought at Rs. 9 each and sold at Rs. 15 each, then what is the profit percentage?
A.	75
B.	120
C.	80
D.	66.67
Answer» E.

Discussion

661.	Ram sold an article for Rs.1,476, after allowing a 20% discount on its marked price. If he had not allowed any discount, he would have earned a profit of 24%. What is the cost price (in Rs) of the article (correct to two decimal places)?
A.	1,576.75
B.	1,187.76
C.	1,678.90
D.	1,487.90
Answer» E.

Discussion

662.	A shopkeeper and an article at a loss of 40% If the selling price had been increased by Rs. 200, there would have been a gain of 10%. What was the cost price of the article?
A.	Rs. 400
B.	Rs. 850
C.	Rs. 700
D.	Rs. 750
Answer» B. Rs. 850

Discussion

663.	A trader marks his goods such that he earns a profit of 50% on its cost. He then sells it by offering a discount of x% on its marked price. If his actual profit is 9.85%, then the value of x is:
A.	26.76
B.	12
C.	15
D.	12.5
Answer» B. 12

Discussion

664.	A trader allows two successive discounts of 10% and 10% while selling an article. If he sells that article for Rs. 405, then what is the marked price (in Rs.) of the article?
A.	500
B.	560
C.	640
D.	700
Answer» B. 560

Discussion

665.	A chair is bought for Rs. 3,000 and sold at a loss of 6%. Its selling price is -
A.	Rs. 2,550
B.	Rs, 2,740
C.	Rs. 2,820
D.	Rs. 2,950
Answer» D. Rs. 2,950

Discussion

666.	An article is sold at 20% profit instead of 5% loss, the man gains Rs. 120 more. What is the cost price (in Rs.) of that article?
A.	480
B.	720
C.	1020
D.	1080
Answer» B. 720

Discussion

667.	A man bought a house and a cart. If he sells the house at 10% loss and cart at 20% gain, he will not lose anything. But, if he sells the house at 5% loss and cart at 5% gain he would lose Rs. 100. The amount paid by him for the house and cart will be?
A.	Rs. 2000 and Rs. 4000
B.	Rs. 400 and Rs. 200
C.	Rs. 200 and Rs. 400
D.	Rs. 4000 and Rs. 2000
Answer» E.

Discussion

668.	A trader sells two items at the rate of Rs. 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs.) of loss?
A.	18.41
B.	22.14
C.	20.25
D.	24.36
Answer» B. 22.14

Discussion

669.	Marked price of an article is Rs. 4200. It was sold at a discount of 16.66%. If there was a loss of 9.09%, then what was the cost price (in Rs.) of the article?
A.	3500
B.	3750
C.	4000
D.	3850
Answer» E.

Discussion

670.	Anne sells an item at 12% below the cost price. She would have made a profit of 20% if she had sold the items for Rs. 750. Find her selling price.
A.	Rs. 450
B.	Rs. 550
C.	Rs. 625
D.	Rs. 600
Answer» C. Rs. 625

Discussion

671.	A merchant purchases a watch for Rs. 600 and fixes its marked price in such a way that after allowing a discount of 40%, he earns a profit of 20%. What isthe marked price (in Rs.) of the watch?
A.	850
B.	725
C.	750
D.	1200
Answer» E.

Discussion

672.	Anu sold an article for Rs. 480 at some profit. Had she sold it for Rs. 400, then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?
A.	Rs. 450
B.	Rs. 420
C.	Rs. 430
D.	Rs. 425
Answer» C. Rs. 430

Discussion

673.	If, on an item, there is 12% discount on the marked price of Rs. 10,000 but the item is sold at Rs. 8,360 only then what additional discount (in %) did the customer get?
A.	6
B.	7
C.	5
D.	8
Answer» D. 8

Discussion

674.	Rajesh bought a wardrobe for Rs 1,200 and sold it for Rs 900. What is loss percentage?A. 30%B. 75%C. 25%D. 40%
A.	B
B.	D
C.	C
D.	A
Answer» D. A

Discussion

675.	By selling an article for Rs. 360 there is a loss of 10%. What is the cost price of the article?
A.	Rs. 324
B.	Rs. 450
C.	Rs. 400
D.	Rs. 380
Answer» D. Rs. 380

Discussion

676.	A manufacturer manufactured cycles by spending Rs.1200 each. His overhead expenses was Rs.200 for each cycle. He sold 5 cycles of Rs.1850 each cycle. What is its profit?
A.	2250
B.	2350
C.	2450
D.	2550
Answer» B. 2350

Discussion

677.	A mobile phone was sold for Rs. 31,500 after giving two successive discounts of 30% and 10% respectively. What was the marked price of the mobile?
A.	Rs. 52,500
B.	Rs. 35,000
C.	Rs. 50,000
D.	Rs. 55,000
Answer» D. Rs. 55,000

Discussion

678.	125 oranges are bought at the rate of Rs. 500 and sold at the rate of Rs. 60 per dozen. What is the percentage of profit or loss?
A.	25% gain
B.	35% gain
C.	25% loss
D.	35% loss
Answer» B. 35% gain

Discussion

679.	A shopkeeper claims to sell items at no profit no loss. If he underweights items 800 gram in place of one kg and adds 20% impurities, then his profit percentage will be:
A.	20
B.	30
C.	50
D.	55
Answer» D. 55

Discussion

680.	A retailer marks all his goods at 40% above the cost price and thinking that he will still make 20% profit, offers a discount of 20% on the marked price. What is his actual profit percentage on the sales?
A.	20%
B.	18%
C.	16%
D.	12%
Answer» E.

Discussion

681.	A discount of 30% is announced on the marked price of a table of Rs. 2250. What will be the sale price of the table?
A.	Rs. 1625
B.	Rs. 1575
C.	Rs. 1475
D.	Rs. 1520
Answer» C. Rs. 1475

Discussion

682.	A box of 20 items was bought for Rs. 6,400 after a discount of 20%. Find the M.P of each item.A. Rs. 300B. Rs. 350C. Rs. 400D. Rs. 450
A.	B
B.	A
C.	D
D.	C
Answer» E.

Discussion

683.	A man gets a discount of 30% and then 20% on his food bill of Rs. 1,500. How much discount, in rupees, did he get?
A.	500
B.	360
C.	700
D.	660
Answer» E.

Discussion

684.	A shopkeeper earns a profit of 15% on selling a book at 15% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A.	20 : 23
B.	23 : 20
C.	23 : 17
D.	17 : 23
Answer» E.

Discussion

685.	Amit sells a bus at a loss of 15% for Rs. 23,800. At what price should he sell the bus to get 15% profit?A. 32,100B. 33,300C. 32,300D. 32,200
A.	D
B.	B
C.	A
D.	C
Answer» B. B

Discussion

686.	If the cost price of 100 notebooks is the same as the selling price of 80 notebooks, what is the percent gain?
A.	15 %
B.	30 %
C.	25 %
D.	20 %
Answer» D. 20 %

Discussion

687.	Inclusive of a profit of 16% Rishi sold a pair of footwear for Rs. 2,059. What was the cost price of the pair of shoes?
A.	Rs. 1,780
B.	Rs. 1,775
C.	Rs. 1,760
D.	Rs. 1,800
Answer» C. Rs. 1,760

Discussion

688.	A shopkeeper offers 23% discount on a bag with a marked price of Rs. 4500. If he still earns a profit of Rs. 600, what is the cost price of the bag?
A.	Rs. 3900
B.	Rs. 2865
C.	Rs. 2965
D.	Rs. 3465
Answer» C. Rs. 2965

Discussion

689.	Raj got a new chair at 35% discount. Had Raj got no discount, Raj would have had to pay ₹238 more. How much did Raj pay for the chair?
A.	₹452
B.	₹442
C.	₹416
D.	₹424
Answer» C. ₹416

Discussion

690.	A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?
A.	$64\frac{1}{3}$
B.	$56\frac{1}{3}$
C.	$66\frac{2}{3}$
D.	$60\frac{2}{3}$
Answer» D. $60\frac{2}{3}$

Discussion

691.	After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is Rs. 300?
A.	Rs. 375
B.	Rs. 320
C.	Rs. 400
D.	Rs. 350
Answer» E.

Discussion

692.	After giving a discount of 20% on an article, a shopkeeper gains 20%. Find the percentage, the marked price was marked up.
A.	75%
B.	66.67%
C.	50%
D.	33.33%
Answer» D. 33.33%

Discussion

693.	A profit of 20% is made after giving a discount of 10% on an article. If the marked price of the article is Rs 2240, then what is its cost price (in Rs)?
A.	1720
B.	1680
C.	1740
D.	1800
Answer» C. 1740

Discussion

694.	After giving a discount of 25% on an article, there is still a profit of 25%. If no discount is given, then what will be the profit percentage?
A.	62.5%
B.	33.33%
C.	50%
D.	66.66%
Answer» E.

Discussion

695.	If chairs are bought at Rs. 1600 each and sold at Rs. 1200 each, then what will be the loss percentage:
A.	10%
B.	20%
C.	25%
D.	35%
Answer» D. 35%

Discussion

696.	If two-third of goods are sold at 25% profit, 20% are sold at 20% loss and rest at a profit of 20%, then there is a profit of Rs. 3312. The cost price of the goods is:
A.	Rs. 21400
B.	Rs. 20000
C.	Rs. 21600
D.	Rs. 18600
Answer» D. Rs. 18600

Discussion

697.	A trader buys two articles for Rs. 4000 each. While selling if he gains 12.5% on one and losses 20% on the other, then what will be the overall loss percentage?
A.	2.5
B.	3.75
C.	5
D.	5.25
Answer» C. 5

Discussion

698.	A person sold a chair at a profit of 13%. Had he sold it for Rs. 607.50 more, he would have gained x%. If the cost price of the chair is Rs. 3750, then the value of x is:
A.	30
B.	28.4
C.	29.2
D.	32
Answer» D. 32

Discussion

699.	How many kg of rice at Rs. 54 per kg must be mixed with 30 kg of rice at Rs. 40 per kg, so that on selling the mixture at Rs 48.4 per kg, there will be a profit of 10%?
A.	22
B.	18
C.	15
D.	12
Answer» E.

Discussion

700.	A man gains 10% by selling an article for a certain price. If he sells it at double the price, then what will be the profit percentage?
A.	110
B.	120
C.	150
D.	140
Answer» C. 150

Discussion

690.	A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?
A.	\(64\frac{1}{3}\)
B.	\(56\frac{1}{3}\)
C.	\(66\frac{2}{3}\)
D.	\(60\frac{2}{3}\)
Answer» D. \(60\frac{2}{3}\)

Explore topic-wise MCQs in Arithmetic Ability.

A shopkeeper sells sugar at the rate of Rs. 19 per kg and loses 5%. How many rupees per kg should he sell sugar to earn a profit of 10%?A. Rs. 20B. Rs. 21C. Rs. 22D. Rs. 23

A shopkeeper blends two varieties of tea, priced at Rs. 18 and Rs. 13 per kilogram, respectively in the ratio of 6 : 4. If he sells the blended variety for Rs. 20 per kilogram, then what is the percentage profit in the transaction?

Bella sold a painting worth $1450 to Teddy at 10% profit. Teddy sold it to Benny at a 10% loss. If Benny would buy the painting from Bella at the same price at which he bought it from Teddy, what would be Bella's profit or loss percentage?

A sum of Rs. 7,560 is divided between A, B and C such that if their shares are diminished by Rs. 400, Rs. 300 and Rs. 260, respectively, then their shares are in the ratio 4 ∶ 2 ∶ 5. What is the original share of B?

A sold an article for Rs. 1495 at a profit of 15%. He purchased another article having cost price equal to the previous article. He sold this new article at a profit of 10%. How much total profit has A earned?

A person loses 20% when he sells an article for Rs. 230. What percentage will he gain if he sells it for Rs. 339.25?

A merchant brought an article for Rs. 170. Even after allowing a discount of 15% on that he earns profit of 20%. Find its market price.

A shopkeeper offers 35% discount on shirts which have been marked 60% above the cost price. Ajay bought the shirt for Rs. 7280 What was the cost price (in Rs) of the shirt?

Profit of Rs. 42,500 has to be divided between three partners A, B and C in the ratio 3 ∶ 5 ∶ 9. How much (in Rs) does A get?

If some books are bought at Rs. 9 each and sold at Rs. 15 each, then what is the profit percentage?

Ram sold an article for Rs.1,476, after allowing a 20% discount on its marked price. If he had not allowed any discount, he would have earned a profit of 24%. What is the cost price (in Rs) of the article (correct to two decimal places)?

A shopkeeper and an article at a loss of 40% If the selling price had been increased by Rs. 200, there would have been a gain of 10%. What was the cost price of the article?

A trader marks his goods such that he earns a profit of 50% on its cost. He then sells it by offering a discount of x% on its marked price. If his actual profit is 9.85%, then the value of x is:

A trader allows two successive discounts of 10% and 10% while selling an article. If he sells that article for Rs. 405, then what is the marked price (in Rs.) of the article?

A chair is bought for Rs. 3,000 and sold at a loss of 6%. Its selling price is -

An article is sold at 20% profit instead of 5% loss, the man gains Rs. 120 more. What is the cost price (in Rs.) of that article?

A man bought a house and a cart. If he sells the house at 10% loss and cart at 20% gain, he will not lose anything. But, if he sells the house at 5% loss and cart at 5% gain he would lose Rs. 100. The amount paid by him for the house and cart will be?

A trader sells two items at the rate of Rs. 400 each. If he gains 15% on one and losses 15% on other, then what is the value (in Rs.) of loss?

Marked price of an article is Rs. 4200. It was sold at a discount of 16.66%. If there was a loss of 9.09%, then what was the cost price (in Rs.) of the article?

Anne sells an item at 12% below the cost price. She would have made a profit of 20% if she had sold the items for Rs. 750. Find her selling price.

A merchant purchases a watch for Rs. 600 and fixes its marked price in such a way that after allowing a discount of 40%, he earns a profit of 20%. What isthe marked price (in Rs.) of the watch?

Anu sold an article for Rs. 480 at some profit. Had she sold it for Rs. 400, then there would have been a loss equal to one-third of the initial profit. What was the cost price of the article?

If, on an item, there is 12% discount on the marked price of Rs. 10,000 but the item is sold at Rs. 8,360 only then what additional discount (in %) did the customer get?

Rajesh bought a wardrobe for Rs 1,200 and sold it for Rs 900. What is loss percentage?A. 30%B. 75%C. 25%D. 40%

By selling an article for Rs. 360 there is a loss of 10%. What is the cost price of the article?

A manufacturer manufactured cycles by spending Rs.1200 each. His overhead expenses was Rs.200 for each cycle. He sold 5 cycles of Rs.1850 each cycle. What is its profit?

A mobile phone was sold for Rs. 31,500 after giving two successive discounts of 30% and 10% respectively. What was the marked price of the mobile?

125 oranges are bought at the rate of Rs. 500 and sold at the rate of Rs. 60 per dozen. What is the percentage of profit or loss?

A shopkeeper claims to sell items at no profit no loss. If he underweights items 800 gram in place of one kg and adds 20% impurities, then his profit percentage will be:

A retailer marks all his goods at 40% above the cost price and thinking that he will still make 20% profit, offers a discount of 20% on the marked price. What is his actual profit percentage on the sales?

A discount of 30% is announced on the marked price of a table of Rs. 2250. What will be the sale price of the table?

A box of 20 items was bought for Rs. 6,400 after a discount of 20%. Find the M.P of each item.A. Rs. 300B. Rs. 350C. Rs. 400D. Rs. 450

A man gets a discount of 30% and then 20% on his food bill of Rs. 1,500. How much discount, in rupees, did he get?

A shopkeeper earns a profit of 15% on selling a book at 15% discount on the printed price. The ratio of the cost price and the printed price of the book is:

Amit sells a bus at a loss of 15% for Rs. 23,800. At what price should he sell the bus to get 15% profit?A. 32,100B. 33,300C. 32,300D. 32,200

If the cost price of 100 notebooks is the same as the selling price of 80 notebooks, what is the percent gain?

Inclusive of a profit of 16% Rishi sold a pair of footwear for Rs. 2,059. What was the cost price of the pair of shoes?

A shopkeeper offers 23% discount on a bag with a marked price of Rs. 4500. If he still earns a profit of Rs. 600, what is the cost price of the bag?

Raj got a new chair at 35% discount. Had Raj got no discount, Raj would have had to pay ₹238 more. How much did Raj pay for the chair?

A shopkeeper wrongly calculates his profit on the selling of an article and finds it to be 40%. What is his actual profit percentage?

After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is Rs. 300?

After giving a discount of 20% on an article, a shopkeeper gains 20%. Find the percentage, the marked price was marked up.

A profit of 20% is made after giving a discount of 10% on an article. If the marked price of the article is Rs 2240, then what is its cost price (in Rs)?

After giving a discount of 25% on an article, there is still a profit of 25%. If no discount is given, then what will be the profit percentage?

If chairs are bought at Rs. 1600 each and sold at Rs. 1200 each, then what will be the loss percentage:

If two-third of goods are sold at 25% profit, 20% are sold at 20% loss and rest at a profit of 20%, then there is a profit of Rs. 3312. The cost price of the goods is:

A trader buys two articles for Rs. 4000 each. While selling if he gains 12.5% on one and losses 20% on the other, then what will be the overall loss percentage?

A person sold a chair at a profit of 13%. Had he sold it for Rs. 607.50 more, he would have gained x%. If the cost price of the chair is Rs. 3750, then the value of x is:

How many kg of rice at Rs. 54 per kg must be mixed with 30 kg of rice at Rs. 40 per kg, so that on selling the mixture at Rs 48.4 per kg, there will be a profit of 10%?

A man gains 10% by selling an article for a certain price. If he sells it at double the price, then what will be the profit percentage?