3305 + Mcqs in Profit And Loss Page 20 McqOptions

951.	A chair is sold at a profit of 30%. If the cost price and selling price were Rs. 720 less, then profit would be 18% more. Find the cost price.
A.	Rs. 1,920
B.	Rs. 2,120
C.	Rs. 3,920
D.	Rs. 2,920
Answer» B. Rs. 2,120

Discussion

952.	An article has marked price of Rs 7500 and is available at a discount of 20%. The shopkeeper gives another discount to the buyer and sells the article for Rs 5100. What is the second discount (in %) offered?
A.	10
B.	15
C.	12
D.	18
Answer» C. 12

Discussion

953.	By selling an article at \(\frac{8}{{11}}\) of its selling price, Madhu incurs a loss of 10%. If he sells the article at 85% of its actual selling price, then what is the profit percentage (correct to one decimal place)?
A.	6.4
B.	5.8
C.	6.5
D.	5.2
Answer» E.

Discussion

954.	If \(66 \frac{2}{3}\)% goods are sold at a 30% profit, 25% goods are sold at a 16% profit and the rest at a loss of 48%, there is overall profit of Rs. 180. The cost price of the goods is:
A.	Rs. 1,080
B.	Rs. 840
C.	Rs. 900
D.	Rs. 720
Answer» D. Rs. 720

Discussion

955.	A shopkeeper allows a discount of 15% on the marked price. How much above the cost price must he mark his goods to make a profit of 19%?
A.	34%
B.	38%
C.	40%
D.	42%
Answer» D. 42%

Discussion

956.	Kishore purchased an apple for Rs. 25. What would be the selling price to get 25% profit?
A.	Rs. 31
B.	Rs. 31.75
C.	Rs. 31.25
D.	Rs. 31.50
Answer» D. Rs. 31.50

Discussion

957.	Find the selling price when cost price is Rs. 650 and gain is 8%?
A.	702
B.	809
C.	600
D.	642
Answer» B. 809

Discussion

958.	A person sells an article at 16% below its cost price. Had he sold it for Rs. 33 more, he would have gained 14%. To gain 25%, he should sell the article for∶
A.	Rs. 135
B.	Rs. 128
C.	Rs. 137.5
D.	Rs. 130.5
Answer» D. Rs. 130.5

Discussion

959.	A milkman makes a profit of 20%. If he adds 10% water to the original quantity of milk, then what will be his profit percentage?
A.	33.33 %
B.	64 %
C.	128 %
D.	100 %
Answer» B. 64 %

Discussion

960.	If a stall sells a pizza at Rs. 200 he makes 20% loss if he wants to make 10% profit then at what price (in Rs.) should he sell?
A.	250
B.	300
C.	275
D.	325
Answer» D. 325

Discussion

961.	A, B and C enter into a partnership with their capital in the ratio \(\frac{2}{5}\;:\;\frac{3}{4}\;:\;\frac{5}{8}.\) After 4 months A increased his capital by 50%, B increased his capital by 25% and C decreased his capital by 20%. At the end of a year, there was a profit of Rs. 7800. What is the share of B in the profit?
A.	Rs. 2560
B.	Rs. 4200
C.	Rs. 3500
D.	Rs. 3700
Answer» D. Rs. 3700

Discussion

962.	If A and B started a business by investing Rs. 20,500 and Rs. 33000 respectively. If the total Profit at the end of the year is Rs. 21400 then, find the share of B.
A.	Rs. 14200
B.	Rs. 15200
C.	Rs. 13200
D.	Rs. 12200
Answer» D. Rs. 12200

Discussion

963.	A man bought eggs at Rs. 9.60 per dozen. At what price per hundred must he sell them so as to earn a profit of 15 %?
A.	Rs. 90
B.	Rs. 100
C.	Rs. 92
D.	Rs. 110
Answer» D. Rs. 110

Discussion

964.	A shopkeeper buys goods worth of Rs. 7820 and sells them after increasing its price by 25%. Find the new price
A.	Rs. 8885
B.	Rs. 9775
C.	Rs. 1955
D.	Rs. 9255
Answer» C. Rs. 1955

Discussion

965.	An apartment was purchased in 2013 for Rs. 10 lakh and was given on rent for two years at a monthly rent of Rs. 12000. After two years, at what price should the apartment be sold to ensure a 30% profit on the purchase price?
A.	Rs. 980000
B.	Rs. 1012000
C.	Rs. 1000800
D.	Rs. 1040000
Answer» C. Rs. 1000800

Discussion

966.	A person purchased a phone and got a discount of 5% from dealer. He sold it at a profit of 10% on his purchase price. What is his percentage on actual price of the phone?
A.	2 \(\frac{1}{2}\)
B.	3 \(\frac{1}{2}\)
C.	4 \(\frac{1}{2}\)
D.	5%
Answer» D. 5%

Discussion

967.	Marked price of an article is Rs. 5640 and its selling price is Rs. 4512. What is discount percentage?
A.	10
B.	40
C.	20
D.	15
Answer» D. 15

Discussion

968.	A shopkeeper allows a discount of 12% on the marked price which is 20% above cost price of Rs. 400. What is the amount of discount allowed?
A.	Rs. 57.6
B.	Rs. 24
C.	Rs. 38.4
D.	Rs. 48
Answer» B. Rs. 24

Discussion

969.	A shopkeeper sold an article at a discount of x% on the marketed price and earned a profit of 16%. Had he sold the article at marked price, he would have got 45% profit. What is the value of x?
A.	29
B.	25
C.	20
D.	24
Answer» D. 24

Discussion

970.	For every Rs. 5 worth of revenue, a retailer earns Rs. 1. If the cost of the goods was Rs. 4800, then how much did he earn?
A.	Rs. 1200
B.	Rs. 600
C.	Rs. 900
D.	Rs. 1120
Answer» B. Rs. 600

Discussion

971.	A farmer sells a bag of wheat for Rs. 9,310 and incurs a loss of 5%. At what price should the framer sell if he has to earn a profit of 6%?
A.	Rs. 10,362
B.	Rs.10,388
C.	Rs. 10,399
D.	Rs. 9,869
Answer» C. Rs. 10,399

Discussion

972.	A trader buys 500 kg of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?
A.	25
B.	30
C.	22
D.	20
Answer» D. 20

Discussion

973.	A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 20% discount and gets a profit of Rs. 48 after selling it. The production cost is:
A.	Rs. 320
B.	Rs. 360
C.	Rs. 400
D.	Rs. 440
Answer» D. Rs. 440

Discussion

974.	A producer of tea blends two varieties of tea from two tea gardens one costing Rs.18 per kg and another Rs.20 per kg in the ratio 5 ∶ 3. If he sells the blended variety at Rs.21 per kg, then his gain percent is
A.	12%
B.	13%
C.	14%
D.	15%
Answer» B. 13%

Discussion

975.	A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs. 100, there would have been a gain of 5%. What was the cost price of the article?
A.	Rs. 250
B.	Rs. 300
C.	Rs. 400
D.	Rs. 450
Answer» D. Rs. 450

Discussion

976.	A trader purchases 220 bags of rice Rs. 1,240 per bag. He sells 90 bags at Rs. 1,320 per bag and the rest at Rs. 1,300 per bag. Find the total profit percentage earned by the trader (rounded off to a decimal)
A.	5.4%^
B.	5.7%
C.	5.6%
D.	5.5%
Answer» E.

Discussion

977.	A shopkeeper offers 19% discount on mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?
A.	Rs. 6900
B.	Rs. 8340
C.	Rs. 5494
D.	Rs. 4950
Answer» D. Rs. 4950

Discussion

978.	An article is sold at a profit of 32%. If the cost price is increased by 20% and the sale price remains the same, then the profit percentage becomes
A.	10%
B.	12%
C.	15%
D.	20%
Answer» B. 12%

Discussion

979.	Abhi sold two articles for Rs. 5, 220 each. On one, he gained 16% and on the other, he lost 10%. His profit or loss on the whole transaction was:
A.	Loss Rs. 125
B.	Profit Rs. 140
C.	Loss Rs. 130
D.	Profit Rs. 180
Answer» C. Loss Rs. 130

Discussion

980.	A starts a taxi service by investing Rs. 25 lakhs. After 3 months, B joins the business by investing Rs. 40 lakhs then 4 months after B joined, C too joins them by investing Rs. 50 lakhs. One year after A started the business, they make Rs. 2,73,000 in profit. What is C's share of the profit (in Rs)?
A.	100000
B.	1,25,000
C.	75,000
D.	1,50,000
Answer» D. 1,50,000

Discussion

981.	A, B, C were partners in a business for 20, 15, and 10 months respectively. Their profits are in the ratio 4 : 5 : 8. Their investments were in the ratio:
A.	3 : 5 : 12
B.	3 : 5 : 3
C.	3 : 4 : 8
D.	3 : 5 : 6
Answer» B. 3 : 5 : 3

Discussion

982.	A merchant purchases a watch for Rs. 450 and fixes its marked price in such a way that after allowing a discount of 40%, he earns a profit of 20%. What is the marked price (in Rs.) of the watch?
A.	880
B.	980
C.	900
D.	940
Answer» D. 940

Discussion

983.	A shopkeeper claims to sell his goods at cost price but uses a weight of 225 grams for a 250 grams weight. What is the profit percentage for the shopkeeper?
A.	12.5
B.	10
C.	11.11
D.	9.09
Answer» D. 9.09

Discussion

984.	By selling 2 items for Rs. 180 each a shopkeeper gains 20% on one and loses 20% on the other. Find the amount of loss.
A.	Rs. 10
B.	Rs. 25
C.	Rs. 15
D.	Rs. 20
Answer» D. Rs. 20

Discussion

985.	Find the profit percentage if selling price is Rs. 90 and cost price is Rs. 45
A.	56%
B.	596%
C.	100%
D.	364%
Answer» D. 364%

Discussion

986.	A and B invested Rs.15,000 and Rs.25,000 respectively in a business. A left the business with his money after 6 months and at the end of the first year they earned a profit of Rs.13000. What is the share of A in the profit?
A.	Rs. 2,250
B.	Rs. 4000
C.	Rs. 3000
D.	Rs. 5200
Answer» D. Rs. 5200

Discussion

987.	A, B and C invest Rs.47,000 in a business. If A invest Rs.7,000 more than B and B invest Rs.5,000 more than C, then out of total profit of Rs.4700, C receives:
A.	None of these
B.	Rs.1200
C.	Rs.4500
D.	Rs.1000
Answer» E.

Discussion

988.	Anu purchased a car and then sold it. If the ratio of the cost price and selling price is 10 : 11, then the profit percentage is:
A.	15%
B.	18%
C.	10%
D.	20%
Answer» D. 20%

Discussion

989.	After giving a discount of 40% on an article, shopkeeper gains 25%. Marked price is how much percent more than the cost price?
A.	65
B.	87.5
C.	112.5
D.	108.33
Answer» E.

Discussion

990.	400 mangoes were purchased at Rs.125 per hundred and were sold for a profit of Rs.100. The selling price per dozen is
A.	Rs.18
B.	Rs.15
C.	Rs.16
D.	Rs.20
Answer» B. Rs.15

Discussion

991.	An article is sold for Rs. 1,683, after giving three successive discounts of 15%, 10% and 12% on its marked price. The marked price of the article is:
A.	Rs. 2,400
B.	Rs. 2,640
C.	Rs. 2,500
D.	Rs. 2,560
Answer» D. Rs. 2,560

Discussion

992.	In a festival season sale, a pair of jeans is sold at successive discounts of 20%, 30% and 50%. What will be its selling price if the marked price is Rs. 2000?
A.	Rs. 560
B.	Rs. 60
C.	Rs. 1440
D.	Rs. 2000
E.	Rs. 840
Answer» B. Rs. 60

Discussion

993.	A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice that of peanut per kg. He then sold 8 kg of peanuts at a profit of 10% and 16 kg of walnuts at a profit of 20% to a shopkeeper. However, the shopkeeper lost 5 kg of walnuts and 3 kg of peanuts in transit. He then mixed the remaining nuts and sold the mixture at Rs. 166 per kg, thus making an overall profit of 25%. At what price, in Rs. per kg, did the wholesaler buy the walnuts?
A.	86
B.	96
C.	84
D.	98
Answer» C. 84

Discussion

994.	If 20% of the goods are sold at 50% profit, 40% of the goods at 20% loss, 20% of the goods at 5% loss and the remaining at no loss or no profit, find then the overall profit percentage.
A.	1%
B.	4%
C.	78%
D.	5%
Answer» B. 4%

Discussion

995.	A man sells his goods at a certain price at 20% profit. If the price at which he buys the goods increases by 10% and he sells them at an 8% higher price, then what will be his profit percent (correct to one decimal place)?
A.	17.8
B.	23.4
C.	22.7
D.	21.4
Answer» B. 23.4

Discussion

996.	An article was sold at a loss of 13.5%. If it was sold for Rs. 1,104 more, then there would have been a profit of 9.5%. The cost price of the article was:
A.	Rs. 4,200
B.	Rs. 4,400
C.	Rs. 4,800
D.	Rs. 4,600
Answer» D. Rs. 4,600

Discussion

997.	A t-shirt of Rs. 400 is offered at 25% discount and a shirt of Rs. 800 at 40% discount. If Amit bought 2 t-shirts and 4 shirts, what is the effective discount (in %) he got?
A.	37
B.	35
C.	33
D.	31
Answer» B. 35

Discussion

998.	Radha bought a dress for Rs. 374 with a discount of 15% on the marked price. Find the marked price of the dress.
A.	Rs. 440
B.	Rs. 450
C.	Rs. 460
D.	Rs. 480
Answer» B. Rs. 450

Discussion

999.	A shopkeeper sold two articles for Rs. 9831 each. On one he gained 13% and on the other, he lost 13%. What is the overall percentage gain or loss?
A.	1.69% gain
B.	6.5% gain
C.	1.69% loss
D.	6.5% loss
Answer» D. 6.5% loss

Discussion

1000.	Mr. X purchased 6 dozen mangoes from a vendor at the rate of Rs. 60.00/dozen. If the vendor offered 5% discount on the bill amount, what is Mr. X paid the amount?
A.	Rs. 360.00
B.	Rs. 355.00
C.	Rs. 342.00
D.	Rs. 71.00
Answer» D. Rs. 71.00

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A chair is sold at a profit of 30%. If the cost price and selling price were Rs. 720 less, then profit would be 18% more. Find the cost price.

An article has marked price of Rs 7500 and is available at a discount of 20%. The shopkeeper gives another discount to the buyer and sells the article for Rs 5100. What is the second discount (in %) offered?

By selling an article at \(\frac{8}{{11}}\) of its selling price, Madhu incurs a loss of 10%. If he sells the article at 85% of its actual selling price, then what is the profit percentage (correct to one decimal place)?

If \(66 \frac{2}{3}\)% goods are sold at a 30% profit, 25% goods are sold at a 16% profit and the rest at a loss of 48%, there is overall profit of Rs. 180. The cost price of the goods is:

A shopkeeper allows a discount of 15% on the marked price. How much above the cost price must he mark his goods to make a profit of 19%?

Kishore purchased an apple for Rs. 25. What would be the selling price to get 25% profit?

Find the selling price when cost price is Rs. 650 and gain is 8%?

A person sells an article at 16% below its cost price. Had he sold it for Rs. 33 more, he would have gained 14%. To gain 25%, he should sell the article for∶

A milkman makes a profit of 20%. If he adds 10% water to the original quantity of milk, then what will be his profit percentage?

If a stall sells a pizza at Rs. 200 he makes 20% loss if he wants to make 10% profit then at what price (in Rs.) should he sell?

If A and B started a business by investing Rs. 20,500 and Rs. 33000 respectively. If the total Profit at the end of the year is Rs. 21400 then, find the share of B.

A man bought eggs at Rs. 9.60 per dozen. At what price per hundred must he sell them so as to earn a profit of 15 %?

A shopkeeper buys goods worth of Rs. 7820 and sells them after increasing its price by 25%. Find the new price

An apartment was purchased in 2013 for Rs. 10 lakh and was given on rent for two years at a monthly rent of Rs. 12000. After two years, at what price should the apartment be sold to ensure a 30% profit on the purchase price?

A person purchased a phone and got a discount of 5% from dealer. He sold it at a profit of 10% on his purchase price. What is his percentage on actual price of the phone?

Marked price of an article is Rs. 5640 and its selling price is Rs. 4512. What is discount percentage?

A shopkeeper allows a discount of 12% on the marked price which is 20% above cost price of Rs. 400. What is the amount of discount allowed?

A shopkeeper sold an article at a discount of x% on the marketed price and earned a profit of 16%. Had he sold the article at marked price, he would have got 45% profit. What is the value of x?

For every Rs. 5 worth of revenue, a retailer earns Rs. 1. If the cost of the goods was Rs. 4800, then how much did he earn?

A farmer sells a bag of wheat for Rs. 9,310 and incurs a loss of 5%. At what price should the framer sell if he has to earn a profit of 6%?

A trader buys 500 kg of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?

A merchant marked the price of an article by increasing its production cost by 40%. Now he allows a 20% discount and gets a profit of Rs. 48 after selling it. The production cost is:

A producer of tea blends two varieties of tea from two tea gardens one costing Rs.18 per kg and another Rs.20 per kg in the ratio 5 ∶ 3. If he sells the blended variety at Rs.21 per kg, then his gain percent is

A tradesman sold an article at a loss of 20%. If the selling price had been increased by Rs. 100, there would have been a gain of 5%. What was the cost price of the article?

A trader purchases 220 bags of rice Rs. 1,240 per bag. He sells 90 bags at Rs. 1,320 per bag and the rest at Rs. 1,300 per bag. Find the total profit percentage earned by the trader (rounded off to a decimal)

A shopkeeper offers 19% discount on mobile phone with a marked price of Rs. 7400. If he still earns a profit of Rs. 500, what is the cost price of the phone?

An article is sold at a profit of 32%. If the cost price is increased by 20% and the sale price remains the same, then the profit percentage becomes

Abhi sold two articles for Rs. 5, 220 each. On one, he gained 16% and on the other, he lost 10%. His profit or loss on the whole transaction was:

A, B, C were partners in a business for 20, 15, and 10 months respectively. Their profits are in the ratio 4 : 5 : 8. Their investments were in the ratio:

A merchant purchases a watch for Rs. 450 and fixes its marked price in such a way that after allowing a discount of 40%, he earns a profit of 20%. What is the marked price (in Rs.) of the watch?

A shopkeeper claims to sell his goods at cost price but uses a weight of 225 grams for a 250 grams weight. What is the profit percentage for the shopkeeper?

By selling 2 items for Rs. 180 each a shopkeeper gains 20% on one and loses 20% on the other. Find the amount of loss.

Find the profit percentage if selling price is Rs. 90 and cost price is Rs. 45

A and B invested Rs.15,000 and Rs.25,000 respectively in a business. A left the business with his money after 6 months and at the end of the first year they earned a profit of Rs.13000. What is the share of A in the profit?

A, B and C invest Rs.47,000 in a business. If A invest Rs.7,000 more than B and B invest Rs.5,000 more than C, then out of total profit of Rs.4700, C receives:

Anu purchased a car and then sold it. If the ratio of the cost price and selling price is 10 : 11, then the profit percentage is:

After giving a discount of 40% on an article, shopkeeper gains 25%. Marked price is how much percent more than the cost price?

400 mangoes were purchased at Rs.125 per hundred and were sold for a profit of Rs.100. The selling price per dozen is

An article is sold for Rs. 1,683, after giving three successive discounts of 15%, 10% and 12% on its marked price. The marked price of the article is:

In a festival season sale, a pair of jeans is sold at successive discounts of 20%, 30% and 50%. What will be its selling price if the marked price is Rs. 2000?

If 20% of the goods are sold at 50% profit, 40% of the goods at 20% loss, 20% of the goods at 5% loss and the remaining at no loss or no profit, find then the overall profit percentage.

A man sells his goods at a certain price at 20% profit. If the price at which he buys the goods increases by 10% and he sells them at an 8% higher price, then what will be his profit percent (correct to one decimal place)?

An article was sold at a loss of 13.5%. If it was sold for Rs. 1,104 more, then there would have been a profit of 9.5%. The cost price of the article was:

A t-shirt of Rs. 400 is offered at 25% discount and a shirt of Rs. 800 at 40% discount. If Amit bought 2 t-shirts and 4 shirts, what is the effective discount (in %) he got?

Radha bought a dress for Rs. 374 with a discount of 15% on the marked price. Find the marked price of the dress.

A shopkeeper sold two articles for Rs. 9831 each. On one he gained 13% and on the other, he lost 13%. What is the overall percentage gain or loss?

Mr. X purchased 6 dozen mangoes from a vendor at the rate of Rs. 60.00/dozen. If the vendor offered 5% discount on the bill amount, what is Mr. X paid the amount?