3305 + Mcqs in Profit And Loss Page 15 McqOptions

701.	Latha buys a smart TV for Rs.70,700 and sold it at a gain of \(4\frac{3}{7}\% \) . For how much does she sell it?
A.	Rs. 72474
B.	Rs. 73831
C.	Rs. 74147
D.	Rs. 75684
Answer» C. Rs. 74147

Discussion

702.	A table was sold at a profit of 10%. If its cost price was 5% less and it was sold for Rs. 7 more, the gain would have been 20%. Find the cost price of the table.A. Rs. 175B. Rs. 200C. Rs. 250D. Rs. 150
A.	C
B.	A
C.	D
D.	B
Answer» C. D

Discussion

703.	A man wanted to sell his bat at a discount of 8%. His brother who was a cricketer wanted to buy the bat, so the man sells it at a discount of 10%. In this deal, the man reduces Rs.70 in profit. What was the market value of the bat?
A.	Rs. 3,200
B.	Rs. 2,500
C.	Rs. 3,000
D.	Rs. 3,500
Answer» E.

Discussion

704.	A shopkeeper has 50 Kg of rice, part of which he sells at 8% profit and the rest at 18%. He gains 14% profit on the whole. What is the quantity sold at 18% profit?
A.	30 Kg
B.	28 Kg
C.	24 Kg
D.	20 Kg
Answer» B. 28 Kg

Discussion

705.	An article was bought for Rs. 250 and sold at a loss of 5%. Find the selling price of the article.
A.	None of the above
B.	Rs. 237.50
C.	Rs. 239.50
D.	Rs. 238.50
Answer» C. Rs. 239.50

Discussion

706.	A trader gives a discount of 20% on the marked price. To earn profit of 12%, by how much percent should he mark the price of his goods higher than its cost price?
A.	20
B.	40
C.	25
D.	35
Answer» C. 25

Discussion

707.	By selling goods at Rs. 540, a trader incurred 10% loss. If he wants to minimise the loss to 5%, what should be his selling price?
A.	Rs. 570
B.	Rs. 600
C.	Rs. 1080
D.	Rs. 550
Answer» B. Rs. 600

Discussion

708.	An article is marked at a price that is 20% more than its cost price. After allowing a certain discount on the marked price, the profit reduces to 10%. The discount percentage is
A.	12%
B.	\(10\frac{1}{3}\)%
C.	\(7\frac{1}{3}\)%
D.	\(8\frac{1}{3}\)%
Answer» E.

Discussion

709.	A man incurs a 15% loss by selling a product at Rs. 600. What was the cost price of the product?
A.	Rs. 705.88
B.	Rs. 500
C.	Rs. 524
D.	Rs. 600
Answer» B. Rs. 500

Discussion

710.	If a saree is sold for Rs. 2880 the seller will face 10% loss, at what price (in Rs) should he sell to gain 20% profit?
A.	4830
B.	3840
C.	3480
D.	4380
Answer» C. 3480

Discussion

711.	Marked price of an article is 40% more than its cost price. If a discount of 45% is given, then what will be the loss percentage?
A.	23
B.	29
C.	19
D.	25
Answer» B. 29

Discussion

712.	A fruit vendor bought bananas at the rate of 10 bananas for Rs. 8 and sold them at the rate of 8 bananas for Rs. 10. His profit percent was
A.	20.75%
B.	28.25%
C.	38.75%
D.	56.25%
Answer» E.

Discussion

713.	A discount of 15% on one article is the same as discount of 20% on another article. What will be the cost of the two articles?
A.	Rs. 80, Rs 60
B.	Rs. 90, Rs. 70
C.	Rs. 90, Rs. 60
D.	Rs. 80, Rs. 70
Answer» B. Rs. 90, Rs. 70

Discussion

714.	Q14. On an article the profit is 230% of the cost price. If the cost price increases by 50% but the selling price remains constant, then what is the new profit percentage?
A.	54.54
B.	80
C.	120
D.	150
Answer» D. 150

Discussion

715.	A trader allows two successive discounts of 20% and 30% on selling an article. If he sells that article for Rs. 1120, then what is the marked price (in Rs.)
A.	2500
B.	2000
C.	1800
D.	2350
Answer» C. 1800

Discussion

716.	On selling an article for Rs 255, shopkeeper losses 15%. At how much (in Rs.) he should sell the article in order to earn a profit of 20%?
A.	280
B.	160
C.	200
D.	360
Answer» E.

Discussion

717.	An article was sold for Rs. 760, which incurred a loss of 5%. What is the cost price of the article?
A.	Rs. 1000
B.	Rs. 800
C.	Rs. 960
D.	Rs. 840
Answer» C. Rs. 960

Discussion

718.	If oranges are bought at the rate of 9 for a rupee, then how many oranges must be sold for a rupee so as to gain 12.5%?
A.	7
B.	6
C.	8
D.	4
Answer» D. 4

Discussion

719.	Azeez bought a scooter for some amount and spent 20% of it for repairs. After the repairs, he sold it for 30% profit. In the process Azeez made Rs. 3,600 as profit, what was the amount spent on repairs?
A.	Rs. 2,700
B.	Rs. 1,800
C.	Rs. 2,000
D.	Rs. 2,400
Answer» D. Rs. 2,400

Discussion

720.	Anu sells an article at a profit of 25%. If she had bought it at 25% less and sold it for ₹30.25 less she would have gained 30%. What is the original price (in ₹) of the article?
A.	108
B.	105.50
C.	105.80
D.	110
Answer» E.

Discussion

721.	Mahesh goes to a shop to buy a shirt for Rs. 654. The rate of sales tax is at 9%. He tells the shopkeeper to reduce the price of the shirt so that he pays only Rs. 654, inclusive of the sales tax. Find the reduction needed in the price of the shirt.
A.	Rs. 74
B.	Rs. 54
C.	Rs. 84
D.	Rs. 64
Answer» C. Rs. 84

Discussion

722.	Radha sold a watch at a profit of 12.5%. If she had sold it for Rs.50 more, then profit would have been 15%. The initial selling price (in Rs) of the watch is:
A.	2,250
B.	2,000
C.	1,125
D.	1,000
Answer» B. 2,000

Discussion

723.	If the marked price of a television set is ₹ 24,500, then, its selling price after a 12% discount on it is:
A.	₹ 21,560
B.	₹ 21,650
C.	₹ 21,640
D.	₹ 21.460
Answer» B. ₹ 21,650

Discussion

724.	On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs. 7. If he sells the pen at 5% gain and the book at 10% gain, he gains Rs. 13. What is the cost price of the book in Rupees?
A.	100
B.	80
C.	85
D.	95
Answer» C. 85

Discussion

725.	A Rs. 1000 box of cookies is offered at 10% discount and a Rs. 400 bar of chocolate at 8% discount. If we buy 2 boxes of cookies and 3 bars of chocolate, what is the effective discount we get (in %)?
A.	9
B.	9.25
C.	8.75
D.	8.5
Answer» C. 8.75

Discussion

726.	A man gains 20% by selling an article for a certain price. If he sells it at the double the price, the percentage of profit will be
A.	140
B.	200
C.	100
D.	160
E.	120
Answer» B. 200

Discussion

727.	If the selling price of an item is Rs 1740 after getting a discount of 25%, then what was the marked price (in Rs).
A.	2320
B.	3230
C.	2230
D.	3320
Answer» B. 3230

Discussion

728.	Kavita sold a mobile phone at the price of Rs.1950 and made a loss of 25%. At what price will she have to sell it to get a profit of 30% ?
A.	Rs.2600
B.	Rs.2780
C.	Rs.3000
D.	Rs.3380
Answer» E.

Discussion

729.	A shopkeeper sold an article for Rs. 180 by making a profit of 20%. The shopkeeper offered a discount of Rs. 30 on the market price. How much percent above the cost price the article is marked?
A.	32%
B.	40%
C.	30%
D.	20%
Answer» C. 30%

Discussion

730.	A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain, in percentage, is :
A.	21.05%
B.	24.24%
C.	22.22%
D.	23.23%
Answer» D. 23.23%

Discussion

731.	A cloth piece was purchased for ₹ 700. At what price should it be sold to get a profit of 12.5% after a tailoring charge of ₹ 20 was paid for?
A.	₹ 760
B.	₹ 810
C.	₹ 785
D.	₹ 840
Answer» C. ₹ 785

Discussion

732.	A dealer sells an article by allowing a 20% discount on its marked price and gains 25%. If the cost price of the article is increased by 10%, how much discount percentage should he allow now on the same marked price so as to earn the same percentage of profit as before?
A.	10%
B.	15%
C.	18%
D.	12%
Answer» E.

Discussion

733.	A man buys 5 pens for 1 rupee and sells 4 for 1 rupee. Find his gain percent.
A.	25%
B.	40%
C.	20%
D.	50%
Answer» B. 40%

Discussion

734.	A man bought 2 articles for Rs. 3050 each. He sold one article at 10% profit and another at 20% profit. The total profit percentage he earned is:
A.	15%
B.	20%
C.	10%
D.	18%
Answer» B. 20%

Discussion

735.	A watch was sold for Rs. 144. If the gain percent and cost price are numerically equal, then what is the cost price of the watch?
A.	Rs. 72
B.	Rs. 80
C.	Rs. 90
D.	Rs. 100
Answer» C. Rs. 90

Discussion

736.	After allowing 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is Rs. 648, then is marked price is:
A.	Rs. 751.68
B.	Rs. 835.20
C.	Rs. 910.40
D.	Rs. 826.80
Answer» C. Rs. 910.40

Discussion

737.	An article is sold by giving a discount of 30% on its marked price. If there is a gain of 20%, and the cost price of the article is Rs.840, then the marked price of the article is∶
A.	Rs.1,440
B.	Rs.1,240
C.	Rs.1,260
D.	Rs.1,460
Answer» B. Rs.1,240

Discussion

738.	If the cost price of 8 pencils is equal to the selling price of 10 pencils, then the loss percent is
A.	20%
B.	25%
C.	15%
D.	16%
Answer» B. 25%

Discussion

739.	Prashant incurred a loss of 75% on selling an article for Rs. 6800. What was the cost price of the article?
A.	Rs. 29000
B.	Rs. 27200
C.	Rs. 21250
D.	Rs. 25600
Answer» C. Rs. 21250

Discussion

740.	A trader sold an item at a loss of 20%. Had he sold it for ₹100 more, he would have gained a profit of 5%. What is the cost price of the item?
A.	₹ 250
B.	₹ 200
C.	₹ 25
D.	₹ 400
Answer» E.

Discussion

741.	A and B start an enterprise together, with A as active partner. A invests Rs. 4000 and Rs. 2000 more after 8 months. B invests Rs. 5000 and withdraws Rs. 2000 after 9 months. Being the active partner, A takes Rs. 100 per month as an allowance, from the profit. What is the share of B if the profit for the year is Rs. 6700?
A.	Rs. 3350
B.	Rs. 3250
C.	Rs. 2700
D.	Rs. 2800
Answer» D. Rs. 2800

Discussion

742.	A trader had 1200 kgs of rice. He sold a part of it at 5% profit and the rest at 11% profit, so that he made a total profit of 7%. How much (in kg) rice did he sell at 5% profit?
A.	900
B.	600
C.	40
D.	800
Answer» E.

Discussion

743.	If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 40%, then what is his gain or loss percent?
A.	16%, Loss
B.	16%, Profit
C.	10%, Loss
D.	12%, Profit
Answer» B. 16%, Profit

Discussion

744.	A trader had 12 quintals of wheat. He sold a part of it at 13% profit and the rest at 23% profit, so that he made a total profit of 17%. How much wheat did he sell at 23% profit?
A.	720 kg
B.	240 kg
C.	480 kg
D.	960 kg
Answer» D. 960 kg

Discussion

745.	If the price of article increase by 49% and the sale of that article decreases by 21%, then what is the approximate effect on collection?
A.	15% decrease
B.	18% increase
C.	21% decrease
D.	28% increase
Answer» C. 21% decrease

Discussion

746.	If a shopkeeper marks the price of goods 30% more than their cost price and allows a discount of 20%, then what is his gain or loss percent?
A.	4%, Proﬁt
B.	5%, Proﬁt
C.	5%, Loss
D.	4%, Loss
Answer» B. 5%, Proﬁt

Discussion

747.	A shopkeeper offers his customers 10% discount and still makes a profit of 26%. What is the actual cost price to the shopkeeper of an article marked Rs. 280?
A.	Rs. 186.48
B.	Rs. 200
C.	Rs. 207.2
D.	Rs. 252
Answer» C. Rs. 207.2

Discussion

748.	If the cost price of 6 articles is equal to the selling price of 8 articles, then what is the loss percentage?
A.	20%
B.	25%
C.	10%
D.	15%
Answer» C. 10%

Discussion

749.	A shopkeeper sells a refrigerators for Rs. 22,000.00 and makes a profit of 10%. If he desires to make a profit of 18%, what should be his selling price?
A.	Rs. 23,600
B.	Rs. 39,600
C.	Rs. 36,000
D.	Rs. 24,400
Answer» B. Rs. 39,600

Discussion

750.	A man buys a toy for Rs 25 and sells it for Rs 30. What is his gain percent?
A.	40
B.	20
C.	16.67
D.	10
Answer» C. 16.67

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Latha buys a smart TV for Rs.70,700 and sold it at a gain of \(4\frac{3}{7}\% \) . For how much does she sell it?

A table was sold at a profit of 10%. If its cost price was 5% less and it was sold for Rs. 7 more, the gain would have been 20%. Find the cost price of the table.A. Rs. 175B. Rs. 200C. Rs. 250D. Rs. 150

A man wanted to sell his bat at a discount of 8%. His brother who was a cricketer wanted to buy the bat, so the man sells it at a discount of 10%. In this deal, the man reduces Rs.70 in profit. What was the market value of the bat?

A shopkeeper has 50 Kg of rice, part of which he sells at 8% profit and the rest at 18%. He gains 14% profit on the whole. What is the quantity sold at 18% profit?

An article was bought for Rs. 250 and sold at a loss of 5%. Find the selling price of the article.

A trader gives a discount of 20% on the marked price. To earn profit of 12%, by how much percent should he mark the price of his goods higher than its cost price?

By selling goods at Rs. 540, a trader incurred 10% loss. If he wants to minimise the loss to 5%, what should be his selling price?

An article is marked at a price that is 20% more than its cost price. After allowing a certain discount on the marked price, the profit reduces to 10%. The discount percentage is

A man incurs a 15% loss by selling a product at Rs. 600. What was the cost price of the product?

If a saree is sold for Rs. 2880 the seller will face 10% loss, at what price (in Rs) should he sell to gain 20% profit?

Marked price of an article is 40% more than its cost price. If a discount of 45% is given, then what will be the loss percentage?

A fruit vendor bought bananas at the rate of 10 bananas for Rs. 8 and sold them at the rate of 8 bananas for Rs. 10. His profit percent was

A discount of 15% on one article is the same as discount of 20% on another article. What will be the cost of the two articles?

Q14. On an article the profit is 230% of the cost price. If the cost price increases by 50% but the selling price remains constant, then what is the new profit percentage?

A trader allows two successive discounts of 20% and 30% on selling an article. If he sells that article for Rs. 1120, then what is the marked price (in Rs.)

On selling an article for Rs 255, shopkeeper losses 15%. At how much (in Rs.) he should sell the article in order to earn a profit of 20%?

An article was sold for Rs. 760, which incurred a loss of 5%. What is the cost price of the article?

If oranges are bought at the rate of 9 for a rupee, then how many oranges must be sold for a rupee so as to gain 12.5%?

Azeez bought a scooter for some amount and spent 20% of it for repairs. After the repairs, he sold it for 30% profit. In the process Azeez made Rs. 3,600 as profit, what was the amount spent on repairs?

Anu sells an article at a profit of 25%. If she had bought it at 25% less and sold it for ₹30.25 less she would have gained 30%. What is the original price (in ₹) of the article?

Mahesh goes to a shop to buy a shirt for Rs. 654. The rate of sales tax is at 9%. He tells the shopkeeper to reduce the price of the shirt so that he pays only Rs. 654, inclusive of the sales tax. Find the reduction needed in the price of the shirt.

Radha sold a watch at a profit of 12.5%. If she had sold it for Rs.50 more, then profit would have been 15%. The initial selling price (in Rs) of the watch is:

If the marked price of a television set is ₹ 24,500, then, its selling price after a 12% discount on it is:

On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs. 7. If he sells the pen at 5% gain and the book at 10% gain, he gains Rs. 13. What is the cost price of the book in Rupees?

A Rs. 1000 box of cookies is offered at 10% discount and a Rs. 400 bar of chocolate at 8% discount. If we buy 2 boxes of cookies and 3 bars of chocolate, what is the effective discount we get (in %)?

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

If the selling price of an item is Rs 1740 after getting a discount of 25%, then what was the marked price (in Rs).

Kavita sold a mobile phone at the price of Rs.1950 and made a loss of 25%. At what price will she have to sell it to get a profit of 30% ?

A shopkeeper sold an article for Rs. 180 by making a profit of 20%. The shopkeeper offered a discount of Rs. 30 on the market price. How much percent above the cost price the article is marked?

A shopkeeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain, in percentage, is :

A cloth piece was purchased for ₹ 700. At what price should it be sold to get a profit of 12.5% after a tailoring charge of ₹ 20 was paid for?

A dealer sells an article by allowing a 20% discount on its marked price and gains 25%. If the cost price of the article is increased by 10%, how much discount percentage should he allow now on the same marked price so as to earn the same percentage of profit as before?

A man buys 5 pens for 1 rupee and sells 4 for 1 rupee. Find his gain percent.

A man bought 2 articles for Rs. 3050 each. He sold one article at 10% profit and another at 20% profit. The total profit percentage he earned is:

A watch was sold for Rs. 144. If the gain percent and cost price are numerically equal, then what is the cost price of the watch?

After allowing 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is Rs. 648, then is marked price is:

An article is sold by giving a discount of 30% on its marked price. If there is a gain of 20%, and the cost price of the article is Rs.840, then the marked price of the article is∶

If the cost price of 8 pencils is equal to the selling price of 10 pencils, then the loss percent is

Prashant incurred a loss of 75% on selling an article for Rs. 6800. What was the cost price of the article?

A trader sold an item at a loss of 20%. Had he sold it for ₹100 more, he would have gained a profit of 5%. What is the cost price of the item?

A trader had 1200 kgs of rice. He sold a part of it at 5% profit and the rest at 11% profit, so that he made a total profit of 7%. How much (in kg) rice did he sell at 5% profit?

If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 40%, then what is his gain or loss percent?

A trader had 12 quintals of wheat. He sold a part of it at 13% profit and the rest at 23% profit, so that he made a total profit of 17%. How much wheat did he sell at 23% profit?

If the price of article increase by 49% and the sale of that article decreases by 21%, then what is the approximate effect on collection?

If a shopkeeper marks the price of goods 30% more than their cost price and allows a discount of 20%, then what is his gain or loss percent?

A shopkeeper offers his customers 10% discount and still makes a profit of 26%. What is the actual cost price to the shopkeeper of an article marked Rs. 280?

If the cost price of 6 articles is equal to the selling price of 8 articles, then what is the loss percentage?

A shopkeeper sells a refrigerators for Rs. 22,000.00 and makes a profit of 10%. If he desires to make a profit of 18%, what should be his selling price?

A man buys a toy for Rs 25 and sells it for Rs 30. What is his gain percent?