3305 + Mcqs in Profit And Loss Page 19 McqOptions

901.	After a discount of 15% on the marked price of a set of pens, it still cost the buyer Rs. 1,751. What was the marked price of the set of pens?
A.	Rs. 2,025
B.	Rs. 2,000
C.	Rs. 2,060
D.	Rs. 1,989
Answer» D. Rs. 1,989

Discussion

902.	8 boxes of a fruit were purchased for Rs. 9,600. 5 boxes were sold at a profit of 10% and 3 boxes were sold at a loss of 10%. What is the net gain in percentage?
A.	2.75%
B.	2.5%
C.	2%
D.	2.25%
Answer» C. 2%

Discussion

903.	A trader marks his goods in such a way that even after allowing 15% discount on the marked price he still gains 27.5%. If the cost price of the goods is Rs. 200, then its marked price is:
A.	Rs. 300
B.	Rs. 250
C.	Rs. 400
D.	Rs. 350
Answer» B. Rs. 250

Discussion

904.	A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs. 30, the cost price (in Rs.) of a type-I and a type-II cake is:
A.	100, 100
B.	160, 70
C.	180, 60
D.	120, 90
Answer» C. 180, 60

Discussion

905.	Raju gained a profit of 6% by selling a washing machine for Rs. 689. What was the cost price of the washing machine?
A.	Rs. 625
B.	Rs. 635
C.	Rs. 650
D.	Rs. 700
Answer» D. Rs. 700

Discussion

906.	If Mohan purchase 13 articles for Rs. 12 and sells all the articles at the rate of 12 articles for Rs. 13, then what will be the profit percentage?
A.	19.47
B.	17.36
C.	11.11
D.	12.5
Answer» C. 11.11

Discussion

907.	A grocer purchased 80 kg of sugar at Rs. 13.50 per kg and mixed it with 120 kg sugar at Rs. 16 per kg. At what rate should he sell the mixture to gain 16%?
A.	Rs. 16.20 /kg
B.	Rs. 17.40 /kg
C.	Rs. 17.80 /kg
D.	Rs. 18.20 /kg
Answer» C. Rs. 17.80 /kg

Discussion

908.	A vendor bought 60 kg of sugar at the rate of Rs. 25/kg. He sold 60% of the total quantity at the rate of Rs. 30/kg. At what price/kg (in Rs.) should he sell the remaining quantity to make 30% overall profit?
A.	37.75
B.	40
C.	36.25
D.	35
Answer» D. 35

Discussion

909.	A dozen pairs of gloves worth Rs.600 are available at a discount of 10%. Find out how many pairs of gloves can be bought for Rs.270.
A.	Seven
B.	Six
C.	Five
D.	Four
Answer» C. Five

Discussion

910.	Marked price of an article is 40% more than its cost price. If 50% discount is given on the article, then selling price is what percent of the cost price?
A.	78%
B.	70%
C.	93%
D.	84%
Answer» C. 93%

Discussion

911.	If selling price is 60 more than the cost price and profit is 15%, then what is the cost price (in Rs.)?
A.	440
B.	460
C.	520
D.	400
Answer» E.

Discussion

912.	An umbrella is marked for Rs. 150 and sold for Rs. 138. The rate of discount is:
A.	9%
B.	8%
C.	6%
D.	5%
Answer» C. 6%

Discussion

913.	Pushpa purchased 2 dozen pens for Rs. 480 and sold 4 pens for Rs. 100 per pack. What will be her profit%?A. 20%B. 16%C. 18%D. 25%
A.	B
B.	D
C.	A
D.	C
Answer» C. A

Discussion

914.	By selling 33m clothes, a person gains cost price of 11m clothes. Find the gain %.A. 30%B. 33.33%C. 25%D. 35%
A.	C
B.	D
C.	B
D.	A
Answer» D. A

Discussion

915.	Kaushik bought a toy for Rs. 180 and sold it for Rs. 202.50 The rate of profit was _______ %
A.	15.25
B.	12.5
C.	16
D.	17.5
Answer» C. 16

Discussion

916.	A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?
A.	320
B.	400
C.	300
D.	280
Answer» D. 280

Discussion

917.	A horse is sold at a profit of 25%. If both the cost price and selling price are Rs. 200 less, the profit will be 5% more. The cost price is
A.	Rs. 1100
B.	Rs. 1200
C.	Rs. 1000
D.	Rs. 900
Answer» C. Rs. 1000

Discussion

918.	A started a business with Rs.10000 after 6 months B joins with Rs.12000. At the end of the year total profit is Rs.96000. Find the share of A in the profit.
A.	Rs. 50000
B.	Rs. 40000
C.	Rs. 80000
D.	Rs. 45000
E.	Rs. 60000
Answer» F.

Discussion

919.	A man sold two watches for Rs. 3750 each; on one he gained 5% and on the other he lost 5% What was his total gain or loss as a percentage?
A.	0.25% loss
B.	2.5% loss
C.	25% gain
D.	12.5% gain
Answer» B. 2.5% loss

Discussion

920.	20 pens costing Rs. 60 are sold at 5 pens for Rs. 25. What is the profit per cent?
A.	\(33\frac{1}{3}\% \)
B.	25%
C.	15%
D.	\(66\frac{2}{3}\% \)
Answer» E.

Discussion

921.	A shopkeeper gives a discount of 10% once in every 4 months. If a man purchases an article in this scheme for Rs. 25515 in December, then what was the initial price in January?
A.	Rs. 36000
B.	Rs. 40000
C.	Rs. 35000
D.	Rs. 45000
Answer» D. Rs. 45000

Discussion

922.	A store marks the price of shirts by 60%. They sell a third at this price and a third at a discount of 20% on the marked price and the remaining third at a discount of 50% on the marked price. What percentage will be the overall profit or loss?
A.	\(33 \frac{1}{2}\)%
B.	\(22 \frac{2}{3}\)%
C.	30%
D.	20%
Answer» C. 30%

Discussion

923.	If the selling price of a sofa set is Rs. 9000 with discount rate of 10%, then its marked price is:
A.	Rs. 8000
B.	Rs. 12,000
C.	Rs. 9,500
D.	Rs. 10,000
Answer» E.

Discussion

924.	Medha sells her bag for Rs. 300 and loses Rs. 60. At what price must she sell the article to gain 15%?
A.	Rs 146
B.	Rs 172
C.	Rs 414
D.	Rs 516
Answer» D. Rs 516

Discussion

925.	A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?
A.	₹ 3
B.	₹ 2
C.	₹ 1
D.	₹ 4
Answer» E.

Discussion

926.	A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?
A.	150
B.	200
C.	250
D.	300
Answer» B. 200

Discussion

927.	A shopkeeper sells two mobiles for Rs. 3,080 each. On one, he gets 12% profit and on the other, 12% loss. His profit or loss in the entire transaction was:
A.	\(1\frac{{11}}{{25}}\% \) profit
B.	\(3\frac{2}{{25}}\% \) loss
C.	\(1\frac{{11}}{{25}}\% \) loss
D.	neither profit, nor loss
Answer» D. neither profit, nor loss

Discussion

928.	A trader sells two computers at the same price, making a profit of 30% on one and a loss of 30% on the other. What is the net loss or profit percentage on the transaction?
A.	6% loss
B.	6% gain
C.	9% loss
D.	9% gain
Answer» D. 9% gain

Discussion

929.	30 kg of rice costing Rs. 50 per kg is mixed with 20 kg of rice costing Rs. 60 per kg. What is the average cost of the mixture per kg?
A.	Rs. 54
B.	Rs. 56
C.	Rs. 52
D.	Rs. 55
Answer» B. Rs. 56

Discussion

930.	A, B and C invested capital in the ratio 5 : 7 : 4, the timing of their investments being in the ratio x : y : z. If their profits are distributed in the ratio 45 : 42 : 28, then x : y : z = ?
A.	9 : 4 : 7
B.	7 : 9 : 4
C.	6 : 7 : 9
D.	9 : 6 : 7
Answer» E.

Discussion

931.	An article listed at Rs. 65 was bought for Rs. 56.16 after two successive discounts, of which, the first is 10%. What is the second discount?
A.	4%
B.	2%
C.	9%
D.	6%
Answer» B. 2%

Discussion

932.	A person sold 25 articles for Rs. 2500 and incurred a loss of 10%. How many articles should he sell for Rs. 2400 to make a profit of 20%?
A.	20
B.	18
C.	16
D.	15
Answer» C. 16

Discussion

933.	A trader gives a discount of 10% on the marked price. To earn profit of 53%, by how much percent should he mark the price of his goods higher than its costprice?
A.	80
B.	50
C.	60
D.	70
Answer» E.

Discussion

934.	An article is sold at a profit of 15%. If both the cost price and the selling price of the article are reduced by Rs.140 each, then the profit percentage becomes 19.2%. The cost price of the article is:
A.	Rs.560
B.	Rs.720
C.	Rs.680
D.	Rs.640
Answer» E.

Discussion

935.	Even after giving a discount of 12%, an article was sold at a profit of 10%. By what percentage the marked price was more than the cost price?
A.	30%
B.	25%
C.	22%
D.	11.36%
Answer» C. 22%

Discussion

936.	If the selling price of 20 articles is the same as the cost price of 23 articles, then the profit percent is -
A.	10%
B.	11.5%
C.	15%
D.	30%
Answer» D. 30%

Discussion

937.	A, B and C together start a business. Three times the investment of A equals four times the Investment of B and the Capital of B is twice that of C. The ratio of the share of each in the profit.
A.	8 : 3 : 6
B.	3 : 8 : 6
C.	3 : 6 : 8
D.	8 : 6 : 3
Answer» E.

Discussion

938.	A person bought two articles X and Y from a departmental store. The sum of prices before the sales tax was Rs. 130. There was no sales tax on the article X and 9% sales tax on the article Y. The total amount the person paid, including the sales tax, was Rs. 136.75. What was the price of the article Y before sales tax?
A.	Rs. 75
B.	Rs. 85
C.	Rs. 122
D.	Rs. 125
Answer» B. Rs. 85

Discussion

939.	If two successive discounts, each of 20% on the marked price of an article, are equal to a single discount of Rs. 331.20, then the marked price (in Rs.) of the article is:
A.	750
B.	1,200
C.	645
D.	920
Answer» E.

Discussion

940.	Directions: the questions below followed by two statements numbered I and II. you have to decide whether the data provided in the statements are sufficient to answer the question.Read both the statements and given answer:Question:What is the marked price of the power bank?Statements:I. A shopkeeper purchases two powerbanks for Rs. 2,200 and earns Rs. 55 per power bank after giving a 23% discount.II. A shopkeeper marks the price 36% more than the cost price and earns Rs. 200 after giving some discount.
A.	The data in statements II alone is sufficient to answer the question, while the data in statement I alone is not sufficient to answer the question
B.	The data in statements I alone or in statement II alone is sufficient to answer the question.
C.	The data in statements I alone is sufficient to answer the question, while the data in statement II alone is not sufficient to answer the question
D.	The data in both the statements I and II is not sufficient to answer the question.
Answer» D. The data in both the statements I and II is not sufficient to answer the question.

Discussion

941.	Anil bought two articles A and B at a total cost of Rs. 10,000. He sold the article A at 15% profit and the article B at 10% loss. In the whole deal, he made no profit or no loss. Find the selling price of the article A.
A.	Rs. 4,200
B.	Rs. 5,400
C.	Rs. 4,500
D.	Rs. 4,600
Answer» E.

Discussion

942.	A man sells an article on Rs. 280 and gets 40% profit. Then find the cost price of the article.
A.	Rs. 180
B.	Rs. 200
C.	Rs. 240
D.	Rs. 220
Answer» C. Rs. 240

Discussion

943.	A furniture shopkeeper allows a discount of 16% on the marked price on the goods to his customers and still gains 20%. What is the marked price of a dining table, which costs the shopkeeper Rs. 11, 900?
A.	Rs. 12,376
B.	Rs. 15, 000
C.	Rs. 17, 000
D.	Rs. 16, 000
Answer» D. Rs. 16, 000

Discussion

944.	A shopkeeper sells his goods at cost price. If he gives 975 gm instead of 1 kg, the profit he makes will be:
A.	\(2 \frac {11}{39}\%\)
B.	\(2 \frac {22}{39}\%\)
C.	\(3 \frac {7}{39}\%\)
D.	2.5%
Answer» C. \(3 \frac {7}{39}\%\)

Discussion

945.	A trader marks his goods at 35% above the cost price. He sells 80% of the goods at the marked price and rest, he sells by allowing 35% discount on the marked price. His profit percent is:
A.	27.55
B.	25.55
C.	20
D.	35
Answer» C. 20

Discussion

946.	A manufacture sells the product to a wholesaler at 6% profit, the wholesaler sells the product to a retailer at 8% profit and the retailer sells the product to his customer at 10% profit. The price paid by the customer is Rs. 31,482. The cost of the product to the manufacturer is∶
A.	Rs. 28,306
B.	Rs. 26,524
C.	Rs. 25,000
D.	Rs. 26,980
Answer» D. Rs. 26,980

Discussion

947.	A shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent gain should he sell the rest to gain 25% on the whole transaction?
A.	35
B.	40
C.	\(37\frac{1}{2}\)
D.	\(36\frac{1}{2}\)
Answer» D. \(36\frac{1}{2}\)

Discussion

948.	A shopkeeper purchased 510 eggs at the rate of Rs. 20 per dozen. 30 eggs were broken on the way. In order to make a gain of 20%, he must sell the remaining eggs at the rate of
A.	Rs. 22.50 per dozen
B.	Rs. 25.50 per dozen
C.	Rs. 26 per dozen
D.	Rs. 26.50 per dozen
Answer» C. Rs. 26 per dozen

Discussion

949.	On an item there is cash 5% discount on the marked price of Rs. 25,000. After giving an additional season's discount the item is sold at Rs. 20,900. How much was the season's discount (in %)?
A.	11
B.	10
C.	12
D.	9
Answer» D. 9

Discussion

950.	If a retailer offers a discount of 50% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?
A.	100
B.	150
C.	200
D.	250
Answer» B. 150

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

After a discount of 15% on the marked price of a set of pens, it still cost the buyer Rs. 1,751. What was the marked price of the set of pens?

8 boxes of a fruit were purchased for Rs. 9,600. 5 boxes were sold at a profit of 10% and 3 boxes were sold at a loss of 10%. What is the net gain in percentage?

A trader marks his goods in such a way that even after allowing 15% discount on the marked price he still gains 27.5%. If the cost price of the goods is Rs. 200, then its marked price is:

A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs. 30, the cost price (in Rs.) of a type-I and a type-II cake is:

Raju gained a profit of 6% by selling a washing machine for Rs. 689. What was the cost price of the washing machine?

If Mohan purchase 13 articles for Rs. 12 and sells all the articles at the rate of 12 articles for Rs. 13, then what will be the profit percentage?

A grocer purchased 80 kg of sugar at Rs. 13.50 per kg and mixed it with 120 kg sugar at Rs. 16 per kg. At what rate should he sell the mixture to gain 16%?

A vendor bought 60 kg of sugar at the rate of Rs. 25/kg. He sold 60% of the total quantity at the rate of Rs. 30/kg. At what price/kg (in Rs.) should he sell the remaining quantity to make 30% overall profit?

A dozen pairs of gloves worth Rs.600 are available at a discount of 10%. Find out how many pairs of gloves can be bought for Rs.270.

Marked price of an article is 40% more than its cost price. If 50% discount is given on the article, then selling price is what percent of the cost price?

If selling price is 60 more than the cost price and profit is 15%, then what is the cost price (in Rs.)?

An umbrella is marked for Rs. 150 and sold for Rs. 138. The rate of discount is:

Pushpa purchased 2 dozen pens for Rs. 480 and sold 4 pens for Rs. 100 per pack. What will be her profit%?A. 20%B. 16%C. 18%D. 25%

By selling 33m clothes, a person gains cost price of 11m clothes. Find the gain %.A. 30%B. 33.33%C. 25%D. 35%

Kaushik bought a toy for Rs. 180 and sold it for Rs. 202.50 The rate of profit was _______ %

A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?

A horse is sold at a profit of 25%. If both the cost price and selling price are Rs. 200 less, the profit will be 5% more. The cost price is

A started a business with Rs.10000 after 6 months B joins with Rs.12000. At the end of the year total profit is Rs.96000. Find the share of A in the profit.

A man sold two watches for Rs. 3750 each; on one he gained 5% and on the other he lost 5% What was his total gain or loss as a percentage?

20 pens costing Rs. 60 are sold at 5 pens for Rs. 25. What is the profit per cent?

A shopkeeper gives a discount of 10% once in every 4 months. If a man purchases an article in this scheme for Rs. 25515 in December, then what was the initial price in January?

A store marks the price of shirts by 60%. They sell a third at this price and a third at a discount of 20% on the marked price and the remaining third at a discount of 50% on the marked price. What percentage will be the overall profit or loss?

If the selling price of a sofa set is Rs. 9000 with discount rate of 10%, then its marked price is:

Medha sells her bag for Rs. 300 and loses Rs. 60. At what price must she sell the article to gain 15%?

A discount of 20% in the price of rice enables X to buy 5 kg more rice for ₹100. What is the reduced price of rice per kg?

A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?

A shopkeeper sells two mobiles for Rs. 3,080 each. On one, he gets 12% profit and on the other, 12% loss. His profit or loss in the entire transaction was:

A trader sells two computers at the same price, making a profit of 30% on one and a loss of 30% on the other. What is the net loss or profit percentage on the transaction?

30 kg of rice costing Rs. 50 per kg is mixed with 20 kg of rice costing Rs. 60 per kg. What is the average cost of the mixture per kg?

A, B and C invested capital in the ratio 5 : 7 : 4, the timing of their investments being in the ratio x : y : z. If their profits are distributed in the ratio 45 : 42 : 28, then x : y : z = ?

An article listed at Rs. 65 was bought for Rs. 56.16 after two successive discounts, of which, the first is 10%. What is the second discount?

A person sold 25 articles for Rs. 2500 and incurred a loss of 10%. How many articles should he sell for Rs. 2400 to make a profit of 20%?

A trader gives a discount of 10% on the marked price. To earn profit of 53%, by how much percent should he mark the price of his goods higher than its costprice?

An article is sold at a profit of 15%. If both the cost price and the selling price of the article are reduced by Rs.140 each, then the profit percentage becomes 19.2%. The cost price of the article is:

Even after giving a discount of 12%, an article was sold at a profit of 10%. By what percentage the marked price was more than the cost price?

If the selling price of 20 articles is the same as the cost price of 23 articles, then the profit percent is -

A, B and C together start a business. Three times the investment of A equals four times the Investment of B and the Capital of B is twice that of C. The ratio of the share of each in the profit.

If two successive discounts, each of 20% on the marked price of an article, are equal to a single discount of Rs. 331.20, then the marked price (in Rs.) of the article is:

Anil bought two articles A and B at a total cost of Rs. 10,000. He sold the article A at 15% profit and the article B at 10% loss. In the whole deal, he made no profit or no loss. Find the selling price of the article A.

A man sells an article on Rs. 280 and gets 40% profit. Then find the cost price of the article.

A furniture shopkeeper allows a discount of 16% on the marked price on the goods to his customers and still gains 20%. What is the marked price of a dining table, which costs the shopkeeper Rs. 11, 900?

A shopkeeper sells his goods at cost price. If he gives 975 gm instead of 1 kg, the profit he makes will be:

A trader marks his goods at 35% above the cost price. He sells 80% of the goods at the marked price and rest, he sells by allowing 35% discount on the marked price. His profit percent is:

A manufacture sells the product to a wholesaler at 6% profit, the wholesaler sells the product to a retailer at 8% profit and the retailer sells the product to his customer at 10% profit. The price paid by the customer is Rs. 31,482. The cost of the product to the manufacturer is∶

A shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent gain should he sell the rest to gain 25% on the whole transaction?

A shopkeeper purchased 510 eggs at the rate of Rs. 20 per dozen. 30 eggs were broken on the way. In order to make a gain of 20%, he must sell the remaining eggs at the rate of

On an item there is cash 5% discount on the marked price of Rs. 25,000. After giving an additional season's discount the item is sold at Rs. 20,900. How much was the season's discount (in %)?

If a retailer offers a discount of 50% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?