3305 + Mcqs in Profit And Loss Page 22 McqOptions

1051.	On selling an article for Rs. 265 a man loses 4%. In order to gain 12%, for how much he must sell the article?
A.	Rs. 283.85
B.	Rs. 308
C.	Rs. 285
D.	Rs. 298.50
Answer» C. Rs. 285

Discussion

1052.	Cost price of a cooler is Rs 8400. If the proﬁt percentage is 26%, then what is the selling price (in Rs) of the cooler?
A.	11351
B.	6667
C.	10584
D.	9564
Answer» D. 9564

Discussion

1053.	P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs. 40000, the amount invested by Q is
A.	Rs. 40000
B.	Rs. 50000
C.	Rs. 60000
D.	Rs. 70000
Answer» D. Rs. 70000

Discussion

1054.	A shopkeeper allows 10% discount on the marked price of an article and still makes a profit of 8%. If the marked price is Rs. 480, then what is the cost price (in Rs) of the article?
A.	350
B.	400
C.	360
D.	420
Answer» C. 360

Discussion

1055.	A person buys 10 items for Rs. 8 and sells them at the rate of Rs. 1.25 per item. His percentage profit is-
A.	50%
B.	\(56\frac{1}{4}\% \)
C.	20%
D.	\(19\frac{1}{2}\%\)
Answer» C. 20%

Discussion

1056.	An article is marked at 100% above its cost price. After allowing two successive discounts of 5% and 20% respectively on the marked price, it is sold at x% profit. What is the value of x?
A.	52
B.	72
C.	48
D.	75
Answer» B. 72

Discussion

1057.	On selling 32 chairs at Rs. 2800, there is a loss equal to the cost price of 4 chairs. The cost price of a chair is:
A.	Rs. 100
B.	Rs. 120
C.	Rs. 280
D.	Rs. 98
Answer» B. Rs. 120

Discussion

1058.	A toy purchased for Rs. 1125 was sold at a loss of 16%. The selling price of the toy was
A.	Rs. 975
B.	Rs. 945
C.	Rs. 960
D.	Rs. 955
Answer» C. Rs. 960

Discussion

1059.	An article is sold for Rs. 644. If the profit is 15%, at what price, should it be sold to gain 35%?
A.	Rs. 725
B.	Rs. 785
C.	Rs. 756
D.	Rs. 640
Answer» D. Rs. 640

Discussion

1060.	By selling an article for Rs. 1050, a shopkeeper gains 50%. To gain 20% what should be the selling prince (in Rs.)
A.	780
B.	840
C.	920
D.	680
Answer» C. 920

Discussion

1061.	A shopkeeper sold two mobiles in Rs 2400 each. In this sell he gets 20% profit on one but 20% loss on second mobile. What is his net profit or net loss?
A.	Profit of Rs 200
B.	Loss of Rs 200
C.	No profit No loss
D.	None of these
Answer» C. No profit No loss

Discussion

1062.	A seller has 20% loss after selling an item at Rs. 1,200. At what price should it sell to get 5% profit?
A.	Rs.1500
B.	Rs. 1575
C.	Rs. 1800
D.	Rs. 1875
Answer» C. Rs. 1800

Discussion

1063.	A person bought an item for Rs. 1,525 and sold it at a profit of 12% What was the selling price of the item?
A.	Rs. 1,662
B.	Rs. 1,708
C.	Rs. 1,672
D.	Rs. 1,680
Answer» C. Rs. 1,672

Discussion

1064.	A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent?
A.	20
B.	30
C.	35
D.	40
Answer» B. 30

Discussion

1065.	20% discount is offered on an item. By applying a promo code Rishi wins 4% cash back. What is the equivalent single discount?
A.	33%
B.	23.20%
C.	22.60%
D.	24%
Answer» C. 22.60%

Discussion

1066.	By selling 64 apples for Rs. 60 a person gains 25%. In order to have 40% loss, how many apples shall he sell for Rs. 36?
A.	80
B.	70
C.	60
D.	50
Answer» B. 70

Discussion

1067.	A T.V. is sold at 8% gain. Had it been for Rs. 714 more, the gain would have been 15%. To gain 18%, the selling price of the T.V. should be:
A.	Rs. 12,240
B.	Rs. 12,138
C.	Rs. 11, 934
D.	Rs. 12,036
Answer» E.

Discussion

1068.	A man purchased 35 kg of rice at the rate of Rs. 9.50 per kg and 30 kg at the rate of Rs. 10.50 per kg. He mixed the two. Approximately, at what price (in Rs.) per kg should he sell the mixture to make 35% profit in the transaction?
A.	12.50
B.	13.50
C.	12
D.	13
Answer» C. 12

Discussion

1069.	By selling 96 litres of milk, a person’s gain is equals to the cost price of 24 litres of milk. What is his gain percent?
A.	30
B.	18.18
C.	25
D.	16.67
Answer» D. 16.67

Discussion

1070.	A man buys an article for Rs. 3,200 and sells it at a loss of 12%. What is the selling price of the article?
A.	Rs. 3,012
B.	Rs. 2,816
C.	Rs. 3,428
D.	Rs. 2,856
Answer» C. Rs. 3,428

Discussion

1071.	A radio is sold for Rs.990 at a profit of 10%. What would have been the actual profit or loss on it, if it had been sold for Rs.890?
A.	Rs.90 profit
B.	Rs.90 loss
C.	Rs.10 profit
D.	Rs.10 loss
Answer» E.

Discussion

1072.	Profit obtained on selling an article for Rs. 310 is equal to the loss incurred on selling the article for Rs. 230. What will be the loss percentage when selling price is Rs. 180?
A.	16.33
B.	16.66
C.	33.33
D.	33.66
Answer» D. 33.66

Discussion

1073.	If A purchase 9 chairs for Rs. 5 and sells all the chairs at the rate of 5 chairs for Rs. 9, then what will be the profit percentage?
A.	212
B.	224
C.	248
D.	194
Answer» C. 248

Discussion

1074.	By selling 75 metres of cloth, a person losses the cost price of 15 metres of cloth. What is his loss percent?
A.	40
B.	15
C.	11.11
D.	20
Answer» E.

Discussion

1075.	A person sold two articles for Rs. 2,640 each. On one he gains 10% and on other he gains 20%. What is his overall gain percent correct to one decimal place?
A.	14.8%
B.	12.9%
C.	15.6%
D.	16.2%
Answer» B. 12.9%

Discussion

1076.	A T.V set is sold for Rs.8800 at a loss of 20%. What is its cost price?
A.	Rs. 11,000
B.	Rs. 12,000
C.	Rs. 9,800
D.	Rs. 9,200
Answer» B. Rs. 12,000

Discussion

1077.	One–third of goods are sold at a 15% profit, 25% of the goods are sold at a 20% profit and the rest at a 20% loss. If the total profit of Rs. 138.50 is earned on the whole transaction, then the value (in Rs.) of the goods is:
A.	Rs. 8,310
B.	Rs. 8,587
C.	Rs. 7,756
D.	Rs. 8,030
Answer» B. Rs. 8,587

Discussion

1078.	Ramesh purchased a fan for Rs.4850 and due to some scratches on its top he had to sell it for Rs.4753. Find the loss percent.
A.	3%
B.	5%
C.	2%
D.	7%
Answer» D. 7%

Discussion

1079.	Mr. Manju sold a bus for Rs. 17,000 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?
A.	Rs. 23,000
B.	Rs. 23,500
C.	Rs. 24,000
D.	Rs. 24,500
Answer» B. Rs. 23,500

Discussion

1080.	A manufacturer undertakes to supply 2000 pieces of a particular component at the rate of Rs. 25 per piece. according to his estimate, even if 5% of the supply fail to pass the quality test, then he will make a profit of 25%. However, as it turned out, 50% of the supplied components were rejected. The loss to the manufacture is
A.	Rs. 14,000
B.	Rs. 13,000
C.	Rs. 12,000
D.	Rs. 15,000
Answer» C. Rs. 12,000

Discussion

1081.	An article is sold for Rs. 535.50 after two successive discounts of 25% and 15%. What is the marked price of the article?
A.	Rs. 800
B.	Rs. 830
C.	Rs. 840
D.	Rs. 820
Answer» D. Rs. 820

Discussion

1082.	Find the selling price if its marked price is Rs. 200 and rate of discount is 8%?
A.	164
B.	184
C.	134
D.	124
Answer» C. 134

Discussion

1083.	A shopkeeper sells stock of 6 buckets at a total loss of Rs. 360 divided equally on each bucket. If he incurs a loss of 20 percent on this stock, what is the selling price of each bucket?
A.	Rs. 240
B.	Rs. 260
C.	Rs. 280
D.	Rs. 290
Answer» B. Rs. 260

Discussion

1084.	An article was sold at 35% gain. Had it been sold for Rs 600 more, then the gain would have been 40%. What is the cost price (in Rs) of the article?
A.	12000
B.	13200
C.	12500
D.	14000
Answer» B. 13200

Discussion

1085.	An article is listed at Rs. 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs. 165 on repairing of article. If he sells the article at a profit of 62.5%, then what is the selling price (in Rs.) of the article?
A.	1467.6
B.	1492.6
C.	1715.39
D.	1460.6
Answer» D. 1460.6

Discussion

1086.	Anil bought two articles for Rs. 1300. By selling one at a profit of 20% and the other at a loss of 25%, he found that the selling prices of both articles are the same. What is the difference between the cost prices of the articles?
A.	250
B.	300
C.	400
D.	500
Answer» C. 400

Discussion

1087.	'A', 'B' and 'C' started their independent businesses with equal amounts of capital. During the first year 'A' made 10% profit, 'B' incurred 10% loss and 'C' made a profit of 5%. In the second year 'A' incurred 20% loss, 'B' made profit of 20% and 'C' made profit of 5%. Which of the following is FALSE at the end of second year ?
A.	'C' is the richest
B.	'A' is the poorest
C.	'B' is the richest
D.	'C' is richer than 'B'
Answer» D. 'C' is richer than 'B'

Discussion

1088.	A Person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit per cent is:
A.	\(37\frac{1}{2}\)
B.	35
C.	\(27\frac{3}{{11}}\)
D.	40
Answer» B. 35

Discussion

1089.	By selling an article for Rs. 252, there is a loss of 16%. What is the cost price (in Rs) of the article?
A.	325
B.	300
C.	280
D.	295
Answer» C. 280

Discussion

1090.	A reduction of 25% in the price of rice enables a person to buy 10 kg more rice for Rs. 600. What is the reduced per kg price of rice?
A.	Rs. 15
B.	Rs. 20
C.	Rs. 25
D.	Rs. 30
Answer» B. Rs. 20

Discussion

1091.	If selling price is Rs. 840 and profit is 5%, then what is the cost price?
A.	750
B.	800
C.	810
D.	900
Answer» C. 810

Discussion

1092.	A, B and C started a business by investing Rs. 55,000, Rs. 65,000, Rs. 75,000 respectively. A is a working partner and gets 20% of the profit and the remaining is distributed in the proportion of their investments. If the total profit is Rs. 87,750 what is the share of A?
A.	Rs. 27,000
B.	Rs. 37,500
C.	Rs. 23,000
D.	Rs. 37,350
Answer» E.

Discussion

1093.	A shopkeeper sells a product in Rs. 1386 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product.
A.	Rs. 516
B.	Rs. 716
C.	Rs. 616
D.	Rs. 816
Answer» D. Rs. 816

Discussion

1094.	K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?
A.	19.8%
B.	20.6%
C.	22.7%
D.	22%
Answer» D. 22%

Discussion

1095.	18 articles were sold at an average price of Rs.15. The cost price of 12 articles was Rs.16 each. Find the cost price of each of the remaining 6 articles if there was no profit/loss in the transaction.
A.	Rs.12
B.	Rs.12.5
C.	Rs.13
D.	Rs.13.5
Answer» D. Rs.13.5

Discussion

1096.	If the discount offered on an article is 40%, then what will be the ratio of selling price and marked price?
A.	2 : 5
B.	3 : 5
C.	4 : 7
D.	5 : 8
Answer» C. 4 : 7

Discussion

1097.	A shopkeeper offers the following 3 schemes. Which scheme has the maximum discount percentage?I. Two successive discounts of 30% and 20%II. Buy 4 get 7III. Buy 4 get 3 free
A.	Only I
B.	Only III
C.	Only II and III
D.	All are equal.
Answer» B. Only III

Discussion

1098.	20% of the cost price is equal to 30% of the selling price. What is the loss percentage?
A.	33.33%
B.	54.43%
C.	20.45%
D.	34.43%
Answer» B. 54.43%

Discussion

1099.	Pens are bought at the rate of 8 for Rs.40 and sold at 6 for Rs.40. Find the loss or gain percent.
A.	Gain of 33.33%
B.	Gain of 20%
C.	Gain of 40%
D.	Loss of 30%
Answer» B. Gain of 20%

Discussion

1100.	A man purchased two flats for Rs. 3 lakhs each. He sold one flat at 30% gain and the other one at 20% loss. Which of the following options correctly describes both the transactions?
A.	Loss of Rs. 25,000
B.	Loss of Rs. 30,000
C.	Gain of Rs. 25,000
D.	Gain of Rs. 30,000
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

On selling an article for Rs. 265 a man loses 4%. In order to gain 12%, for how much he must sell the article?

Cost price of a cooler is Rs 8400. If the proﬁt percentage is 26%, then what is the selling price (in Rs) of the cooler?

P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs. 40000, the amount invested by Q is

A shopkeeper allows 10% discount on the marked price of an article and still makes a profit of 8%. If the marked price is Rs. 480, then what is the cost price (in Rs) of the article?

A person buys 10 items for Rs. 8 and sells them at the rate of Rs. 1.25 per item. His percentage profit is-

An article is marked at 100% above its cost price. After allowing two successive discounts of 5% and 20% respectively on the marked price, it is sold at x% profit. What is the value of x?

On selling 32 chairs at Rs. 2800, there is a loss equal to the cost price of 4 chairs. The cost price of a chair is:

A toy purchased for Rs. 1125 was sold at a loss of 16%. The selling price of the toy was

An article is sold for Rs. 644. If the profit is 15%, at what price, should it be sold to gain 35%?

By selling an article for Rs. 1050, a shopkeeper gains 50%. To gain 20% what should be the selling prince (in Rs.)

A shopkeeper sold two mobiles in Rs 2400 each. In this sell he gets 20% profit on one but 20% loss on second mobile. What is his net profit or net loss?

A seller has 20% loss after selling an item at Rs. 1,200. At what price should it sell to get 5% profit?

A person bought an item for Rs. 1,525 and sold it at a profit of 12% What was the selling price of the item?

A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent?

20% discount is offered on an item. By applying a promo code Rishi wins 4% cash back. What is the equivalent single discount?

By selling 64 apples for Rs. 60 a person gains 25%. In order to have 40% loss, how many apples shall he sell for Rs. 36?

A T.V. is sold at 8% gain. Had it been for Rs. 714 more, the gain would have been 15%. To gain 18%, the selling price of the T.V. should be:

A man purchased 35 kg of rice at the rate of Rs. 9.50 per kg and 30 kg at the rate of Rs. 10.50 per kg. He mixed the two. Approximately, at what price (in Rs.) per kg should he sell the mixture to make 35% profit in the transaction?

By selling 96 litres of milk, a person’s gain is equals to the cost price of 24 litres of milk. What is his gain percent?

A man buys an article for Rs. 3,200 and sells it at a loss of 12%. What is the selling price of the article?

A radio is sold for Rs.990 at a profit of 10%. What would have been the actual profit or loss on it, if it had been sold for Rs.890?

Profit obtained on selling an article for Rs. 310 is equal to the loss incurred on selling the article for Rs. 230. What will be the loss percentage when selling price is Rs. 180?

If A purchase 9 chairs for Rs. 5 and sells all the chairs at the rate of 5 chairs for Rs. 9, then what will be the profit percentage?

By selling 75 metres of cloth, a person losses the cost price of 15 metres of cloth. What is his loss percent?

A person sold two articles for Rs. 2,640 each. On one he gains 10% and on other he gains 20%. What is his overall gain percent correct to one decimal place?

A T.V set is sold for Rs.8800 at a loss of 20%. What is its cost price?

One–third of goods are sold at a 15% profit, 25% of the goods are sold at a 20% profit and the rest at a 20% loss. If the total profit of Rs. 138.50 is earned on the whole transaction, then the value (in Rs.) of the goods is:

Ramesh purchased a fan for Rs.4850 and due to some scratches on its top he had to sell it for Rs.4753. Find the loss percent.

Mr. Manju sold a bus for Rs. 17,000 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?

An article is sold for Rs. 535.50 after two successive discounts of 25% and 15%. What is the marked price of the article?

Find the selling price if its marked price is Rs. 200 and rate of discount is 8%?

A shopkeeper sells stock of 6 buckets at a total loss of Rs. 360 divided equally on each bucket. If he incurs a loss of 20 percent on this stock, what is the selling price of each bucket?

An article was sold at 35% gain. Had it been sold for Rs 600 more, then the gain would have been 40%. What is the cost price (in Rs) of the article?

An article is listed at Rs. 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs. 165 on repairing of article. If he sells the article at a profit of 62.5%, then what is the selling price (in Rs.) of the article?

Anil bought two articles for Rs. 1300. By selling one at a profit of 20% and the other at a loss of 25%, he found that the selling prices of both articles are the same. What is the difference between the cost prices of the articles?

A Person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit per cent is:

By selling an article for Rs. 252, there is a loss of 16%. What is the cost price (in Rs) of the article?

A reduction of 25% in the price of rice enables a person to buy 10 kg more rice for Rs. 600. What is the reduced per kg price of rice?

If selling price is Rs. 840 and profit is 5%, then what is the cost price?

A, B and C started a business by investing Rs. 55,000, Rs. 65,000, Rs. 75,000 respectively. A is a working partner and gets 20% of the profit and the remaining is distributed in the proportion of their investments. If the total profit is Rs. 87,750 what is the share of A?

A shopkeeper sells a product in Rs. 1386 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product.

K purchased a table for Rs.11,000 and sold it for Rs. 13,500. What is his gain in percentage?

18 articles were sold at an average price of Rs.15. The cost price of 12 articles was Rs.16 each. Find the cost price of each of the remaining 6 articles if there was no profit/loss in the transaction.

If the discount offered on an article is 40%, then what will be the ratio of selling price and marked price?

A shopkeeper offers the following 3 schemes. Which scheme has the maximum discount percentage?I. Two successive discounts of 30% and 20%II. Buy 4 get 7III. Buy 4 get 3 free

20% of the cost price is equal to 30% of the selling price. What is the loss percentage?

Pens are bought at the rate of 8 for Rs.40 and sold at 6 for Rs.40. Find the loss or gain percent.

A man purchased two flats for Rs. 3 lakhs each. He sold one flat at 30% gain and the other one at 20% loss. Which of the following options correctly describes both the transactions?