3305 + Mcqs in Profit And Loss Page 24 McqOptions

1151.	A person bought two articles, P and Q. The cost price of P was 75% of Q. He sold P at a loss of 5% and Q at a gain of 15% and thus got Rs 745 in all as the selling price of P and Q. The cost price of Q was:
A.	300
B.	360
C.	400
D.	480
Answer» D. 480

Discussion

1152.	'A' sells a suitcase to 'B' at 10% profit. 'B' sells it to 'C' for Rs. 2860, earning 30% profit. What is the cost price for 'A'?
A.	Rs. 2000
B.	Rs. 2200
C.	Rs. 1000
D.	Rs. 1600
Answer» B. Rs. 2200

Discussion

1153.	An article was sold for Rs. 642 when the cost price was Rs. 600. What is the profit percent earned?
A.	5%
B.	7%
C.	8%
D.	6%
Answer» C. 8%

Discussion

1154.	A book was sold for Rs. 27.50 with a profit of 10%. If it was sold for Rs. 25.75 then what would have been the percentage of profit or loss?
A.	3% Profit
B.	3% Loss
C.	6% Profit
D.	6% Loss
Answer» B. 3% Loss

Discussion

1155.	Marked price of an article is Rs. 2600, which is 30% more than the cost price. If the profit is 45%, then what will be the selling price of the article?
A.	Rs. 3900
B.	Rs. 2700
C.	Rs. 2900
D.	Rs. 3100
Answer» D. Rs. 3100

Discussion

1156.	A shop owner offers the following discount options on an article to a customer:1. Successive discounts of 10% and 20%, and then pay a service tax of 10%2. Successive discounts of 20% and 10%, and then pay a service tax of 10%3. Pay a service tax of 10% first, then successive discounts of 20% and 10%Which one of the following is correct?
A.	1 only is the best option for the customer.
B.	2 only is the best option for the customer.
C.	3 only is the best option for the customer.
D.	All the options are equally good for the customer.
Answer» E.

Discussion

1157.	An item was sold for 12.5% at Rs. 2,250. What was the amount of profit?A. Rs. 275B. Rs. 250C. Rs. 225D. Rs. 300
A.	B
B.	D
C.	C
D.	A
Answer» B. D

Discussion

1158.	An article is sold for Rs 810 at a loss of 10%. What should be the selling price if the loss is 20%?
A.	Rs. 750
B.	Rs. 600
C.	Rs. 720
D.	Rs. 630
Answer» D. Rs. 630

Discussion

1159.	A person bought apples at the rate of 25 apples in Rs. 20 and sold them at the rate of 20 apples in Rs. 25. Profit in percentage is
A.	36.25%
B.	46.25%
C.	50%
D.	56.25%
Answer» E.

Discussion

1160.	If the selling price of 318 articles is equal to the cost price of of 212 articles, then what is the loss percentage?
A.	20
B.	33.33
C.	40
D.	33.66
Answer» C. 40

Discussion

1161.	Lokesh starts a business with Rs. 240000. After 3 months Vishal joins him with Rs. 210000. At the end of the year what will be the ratio of their proﬁts?
A.	32 : 21
B.	16 : 13
C.	8 : 5
D.	45 : 39
Answer» B. 16 : 13

Discussion

1162.	A, B and C started a business with their capitals in the ratio 2 : 3 : 5. A increased his capital by 50% after 4 months, B increased his capital by \(33\frac{1}{3}\% \) after 6 months and C withdrew 50% of his capital after 8 months, from the start of the business. If the total profit at the end of a year was Rs. 86,800, then the difference between the shares of A and C in the profit was:
A.	Rs. 9,800
B.	Rs. 8,400
C.	Rs. 7,000
D.	Rs. 12,600
Answer» E.

Discussion

1163.	A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1800 on repairs and sells it for Rs. 20000, what is his profit/loss percent (correct to one decimal place)?
A.	17.65% profit
B.	23.46% profit
C.	23.64% loss
D.	17.65% loss
Answer» B. 23.46% profit

Discussion

1164.	At what percentage above the cost price must an article be marked so as to gain 38% after allowing a customer a discount of 8% on the marked price?
A.	48
B.	46
C.	50
D.	45
Answer» D. 45

Discussion

1165.	In what ratio must a vendor mix two varieties of sugar Worth Rs. 60 per kg and Rs. 78 per kg so that by selling the mixture at Rs. 78 per kg, the vendor gains 20%?
A.	7 : 4
B.	7 : 2
C.	13 : 5
D.	5 : 2
Answer» D. 5 : 2

Discussion

1166.	If the manufacturer gains 10%, the wholesale dealer gains 15% and the retailer gains 25%, then find the cost of production of a table, if the retail price was Rs.1265.
A.	Rs.800
B.	Rs.750
C.	Rs.850
D.	Rs.900
Answer» B. Rs.750

Discussion

1167.	Amit, after giving a 12% discount on the marked price, sells an article for Rs. 369.60. If he had not given any discount he would have gained 20%. Find the cost price of the item.
A.	Rs. 320
B.	Rs. 400
C.	Rs. 380
D.	Rs. 350
Answer» E.

Discussion

1168.	Mr. Mittal purchased two steel factories, one in India and other one in Malaysia for a total of Rs. 72 crores. Later on he sold the Indian factory at 16% profit and the Malaysian factory at 24% profit. Thus he gained a total profit of 19%. The selling price of the Indian factory (in Rs) is:
A.	8.55 crores
B.	45.5 crores
C.	52.2 crores
D.	52.3 crores
Answer» D. 52.3 crores

Discussion

1169.	An article costing Rs. 110 was sold for Rs. 104.5. How much discount was offered?
A.	4%
B.	5%
C.	6%
D.	7%
Answer» C. 6%

Discussion

1170.	Raju bought a buffalo for Rs. 10,000 and a cow for Rs. 7,500. He sold the buffalo at a loss of 12 % and the cow at a gain of 20 %. Find the percentage of gain or loss?
A.	\(3 \dfrac{5}{7}\%\) gain
B.	\(2 \dfrac{5}{7}\%\) gain
C.	\(4 \dfrac{5}{7}\%\) gain
D.	\(1 \dfrac{5}{7}\%\) gain
Answer» E.

Discussion

1171.	A shopkeeper offers the following 3 schemes. Which scheme has the maximum discount percentage?I. Two successive discount of 20% and 25%II. Buy 5 get 3 freeIII. Buy 5 get 6
A.	Only II
B.	Only I
C.	Only I and II
D.	Only I and III
Answer» C. Only I and II

Discussion

1172.	Pratik purchased 40 shirts for Rs. 3,000 and spent 10% for transportation. To earn a profit of 20% what should be the selling price per shirt?
A.	Rs. 109
B.	Rs. 95
C.	Rs. 90
D.	Rs. 99
Answer» E.

Discussion

1173.	A shopkeeper sold two articles for Rs. 9639 each. On one, he gained 19% and on the other, he lost 19%. What is the overall percentage gain or loss?
A.	3.81% loss
B.	3.61% gain
C.	3.81% gain
D.	3.61% loss
Answer» E.

Discussion

1174.	A person purchases calculators at the rate of Rs. 345 per calculator. If he sells calculators on 40% loss then what will be the selling price of 28 calculators?
A.	Rs. 6872
B.	Rs. 8657
C.	Rs. 13524
D.	Rs. 5796
Answer» E.

Discussion

1175.	A man sold a chair for Rs. 720 and gained a profit of 20%. Find the cost price of the chair.
A.	Rs. 700
B.	Rs. 720
C.	Rs. 800
D.	Rs. 600
Answer» E.

Discussion

1176.	Pure ghee costing Rs. 100 per kilogram and vegetable oil costing Rs. 50 per kilogram are mixed in some ratio and sold at Rs.96 per kilogram so as to gain 20%. In what ratio is ghee and oil mixed?
A.	4 : 3
B.	3 : 2
C.	2 : 3
D.	3 : 4
Answer» C. 2 : 3

Discussion

1177.	A and B started a business with investments in ratio 2 ∶ 3. As A runs the business, he gets his salary each month out of the total profit of Rs.10.8 lakhs at the end of the year. and the remaining profit is distributed in the ratio of their investments. If their earnings are equal then what is the monthly salary of A?
A.	Rs. 15,000
B.	Rs. 12,000
C.	Rs. 7,500
D.	Rs. 6,000
Answer» B. Rs. 12,000

Discussion

1178.	By selling 50 metres of cloth, a person gains the cost price of 20 metres of cloth. What is his gain percent?
A.	40
B.	25
C.	20
D.	10
Answer» B. 25

Discussion

1179.	If Rajan purchase 21 pens for Rs. 20 and sell all the pens at the rate of 20 pens for Rs. 21, then what will be the profit percentage?
A.	12.5
B.	13.33
C.	10.25
D.	16.66
Answer» D. 16.66

Discussion

1180.	Raghu bought an article for Rs.14,360 and spent Rs.240 on its transportation. At what amount (in Rs.) must he sell it to get a profit of 15%?
A.	Rs. 16,000
B.	Rs. 16,790
C.	Rs. 16,150
D.	Rs. 16,800
Answer» C. Rs. 16,150

Discussion

1181.	An umbrella marked at Rs. 80 is sold for Rs. 68. What is the rate of discount?
A.	15%
B.	17%
C.	18%
D.	20%
Answer» B. 17%

Discussion

1182.	A sells an article to B at a 20% profit. B sells it to C at a 15% loss. C sells it to D at a 25% profit. If the difference between the profits of A and C is Rs. 49.50, then the cost price of the article for C is:
A.	Rs. 918
B.	Rs. 900
C.	Rs. 954
D.	Rs. 909
Answer» B. Rs. 900

Discussion

1183.	Mohan bought 5 dozen eggs at Rs. 20 per dozen, 7 eggs were broken. Calculate the loss incurred(percentage).
A.	11.66%
B.	12.65%
C.	13.16%
D.	None of the above
Answer» B. 12.65%

Discussion

1184.	P bought an article for Rs. 1600 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 1840?A. 5%B. 10%C. 12%D. 15%
A.	D
B.	A
C.	B
D.	C
Answer» C. B

Discussion

1185.	Mahesh sells 18 eggs at the price for which he bought 20 eggs. Find his profit or loss percentage.
A.	11 \(\frac{1}{3}\)% loss
B.	11\(\frac{1}{3}\)% profit
C.	11\(\frac{1}{9}\)% loss
D.	11\(\frac{1}{9}\)% profit
Answer» E.

Discussion

1186.	A trader marks his goods 42% above the cost price and allows a discount of 24%. His gain percent is:
A.	7.92
B.	18
C.	9
D.	8.24
Answer» B. 18

Discussion

1187.	If a merchant offers 15% discount and still makes a profit of 25%, then the cost of article which has a marked price of Rs. 500 is:
A.	Rs. 340
B.	Rs. 270
C.	Rs. 420
D.	Rs. 380
Answer» B. Rs. 270

Discussion

1188.	15% discount is offered on a shirt marked at Rs. 1200. But the shirt is sold at Rs. 918 after giving a further cash discount. How much is this cash discount (in %)?
A.	10
B.	12
C.	5
D.	8
Answer» B. 12

Discussion

1189.	After giving a discount of 20%, a shopkeeper earns 36% profit. Marked price is what percent more than the cost price?
A.	60%
B.	76%
C.	68%
D.	70%
Answer» E.

Discussion

1190.	A person sells two articles at the rate of Rs. 12900 per item, in this deal he neither gains nor loses. If he sold one article at 29% profit, then at what loss did he sell the other article?
A.	18.53%
B.	46.23%
C.	24.83%
D.	23.455%
Answer» B. 46.23%

Discussion

1191.	Aman purchased an article at a discount of 30% and sold it to Param at 40% profit. What is the ratio between the initial marked price and the price for which Param purchased the article?
A.	10 : 9
B.	15 : 14
C.	25 : 14
D.	50 : 49
Answer» E.

Discussion

1192.	A trader gives a discount of 4% for purchases above Rs 25,000, 6% for purchases above Rs 35,000 and 8% for purchases above Rs 50,000. If an item is purchased for Rs 38,500, what would be the amount of discount?
A.	Rs. 3,740
B.	Rs. 1,810
C.	Rs. 3,080
D.	Rs. 2,310
Answer» E.

Discussion

1193.	Ramesh sells an article at a loss of 5%. If he buys it for 30% less price and sells it for Rs. 38.5 less, then his profit will be 20%. What is the cost price (in Rs.) of the article?
A.	450
B.	300
C.	350
D.	250
Answer» D. 250

Discussion

1194.	Ram sold a motorcycle for Rs. 70000 at 25% profit. For what price should he sell a motorcycle to gain 30% profit?
A.	Rs. 72,900
B.	Rs. 72,600
C.	Rs. 72,800
D.	Rs. 72,700
Answer» D. Rs. 72,700

Discussion

1195.	A photographer allows a discount of 10% on the advertised price of a camera. The price (in Rs) that must be marked on the camera, which cost him Rs 600, to make a profit of 20% would be
A.	650
B.	800
C.	700
D.	850
Answer» C. 700

Discussion

1196.	Find the single discount equivalent to two successive discounts of 15 percent and 5 percent.
A.	19.25
B.	20.75
C.	10.5
D.	18.75
Answer» B. 20.75

Discussion

1197.	If 3 dupattas are offered free on purchase of 6 dupattas priced Rs 1200 each what is the effective discount on each dupatta?
A.	30 percent
B.	44.44 percent
C.	22.22 percent
D.	33.33 percent
Answer» E.

Discussion

1198.	A, B and C start business with an investment of Rs.4000, Rs.8000 and Rs.12000. The total profit they got after 1 year is Rs.12,000. Find the profit got B and C together.
A.	Rs.5,000
B.	Rs.10,000
C.	Rs.15,000
D.	Rs.16,000
E.	Rs.20,000
Answer» C. Rs.15,000

Discussion

1199.	Case A. In a certain store, the profit is 340% of the cost. Case B. If the cost increases by 32% but the selling price remains constant, approximately what percentage of the selling price is the profit in case B?
A.	100%
B.	32%
C.	70%
D.	320%
Answer» D. 320%

Discussion

1200.	A shopkeeper has announced 40% rebate on the price of TV sets at the time of sale. If a purchaser needs to have a rebate of Rs. 26,400, then how many TV sets each costing Rs. 6,000 should he purchase?
A.	9
B.	11
C.	8
D.	12
Answer» C. 8

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A person bought two articles, P and Q. The cost price of P was 75% of Q. He sold P at a loss of 5% and Q at a gain of 15% and thus got Rs 745 in all as the selling price of P and Q. The cost price of Q was:

'A' sells a suitcase to 'B' at 10% profit. 'B' sells it to 'C' for Rs. 2860, earning 30% profit. What is the cost price for 'A'?

An article was sold for Rs. 642 when the cost price was Rs. 600. What is the profit percent earned?

A book was sold for Rs. 27.50 with a profit of 10%. If it was sold for Rs. 25.75 then what would have been the percentage of profit or loss?

Marked price of an article is Rs. 2600, which is 30% more than the cost price. If the profit is 45%, then what will be the selling price of the article?

An item was sold for 12.5% at Rs. 2,250. What was the amount of profit?A. Rs. 275B. Rs. 250C. Rs. 225D. Rs. 300

An article is sold for Rs 810 at a loss of 10%. What should be the selling price if the loss is 20%?

A person bought apples at the rate of 25 apples in Rs. 20 and sold them at the rate of 20 apples in Rs. 25. Profit in percentage is

If the selling price of 318 articles is equal to the cost price of of 212 articles, then what is the loss percentage?

Lokesh starts a business with Rs. 240000. After 3 months Vishal joins him with Rs. 210000. At the end of the year what will be the ratio of their proﬁts?

A dealer buys an article marked at Rs. 20000 with two successive discounts of 20% and 5%. He spends Rs. 1800 on repairs and sells it for Rs. 20000, what is his profit/loss percent (correct to one decimal place)?

At what percentage above the cost price must an article be marked so as to gain 38% after allowing a customer a discount of 8% on the marked price?

In what ratio must a vendor mix two varieties of sugar Worth Rs. 60 per kg and Rs. 78 per kg so that by selling the mixture at Rs. 78 per kg, the vendor gains 20%?

If the manufacturer gains 10%, the wholesale dealer gains 15% and the retailer gains 25%, then find the cost of production of a table, if the retail price was Rs.1265.

Amit, after giving a 12% discount on the marked price, sells an article for Rs. 369.60. If he had not given any discount he would have gained 20%. Find the cost price of the item.

Mr. Mittal purchased two steel factories, one in India and other one in Malaysia for a total of Rs. 72 crores. Later on he sold the Indian factory at 16% profit and the Malaysian factory at 24% profit. Thus he gained a total profit of 19%. The selling price of the Indian factory (in Rs) is:

An article costing Rs. 110 was sold for Rs. 104.5. How much discount was offered?

Raju bought a buffalo for Rs. 10,000 and a cow for Rs. 7,500. He sold the buffalo at a loss of 12 % and the cow at a gain of 20 %. Find the percentage of gain or loss?

A shopkeeper offers the following 3 schemes. Which scheme has the maximum discount percentage?I. Two successive discount of 20% and 25%II. Buy 5 get 3 freeIII. Buy 5 get 6

Pratik purchased 40 shirts for Rs. 3,000 and spent 10% for transportation. To earn a profit of 20% what should be the selling price per shirt?

A shopkeeper sold two articles for Rs. 9639 each. On one, he gained 19% and on the other, he lost 19%. What is the overall percentage gain or loss?

A person purchases calculators at the rate of Rs. 345 per calculator. If he sells calculators on 40% loss then what will be the selling price of 28 calculators?

A man sold a chair for Rs. 720 and gained a profit of 20%. Find the cost price of the chair.

Pure ghee costing Rs. 100 per kilogram and vegetable oil costing Rs. 50 per kilogram are mixed in some ratio and sold at Rs.96 per kilogram so as to gain 20%. In what ratio is ghee and oil mixed?

By selling 50 metres of cloth, a person gains the cost price of 20 metres of cloth. What is his gain percent?

If Rajan purchase 21 pens for Rs. 20 and sell all the pens at the rate of 20 pens for Rs. 21, then what will be the profit percentage?

Raghu bought an article for Rs.14,360 and spent Rs.240 on its transportation. At what amount (in Rs.) must he sell it to get a profit of 15%?

An umbrella marked at Rs. 80 is sold for Rs. 68. What is the rate of discount?

A sells an article to B at a 20% profit. B sells it to C at a 15% loss. C sells it to D at a 25% profit. If the difference between the profits of A and C is Rs. 49.50, then the cost price of the article for C is:

Mohan bought 5 dozen eggs at Rs. 20 per dozen, 7 eggs were broken. Calculate the loss incurred(percentage).

P bought an article for Rs. 1600 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 1840?A. 5%B. 10%C. 12%D. 15%

Mahesh sells 18 eggs at the price for which he bought 20 eggs. Find his profit or loss percentage.

A trader marks his goods 42% above the cost price and allows a discount of 24%. His gain percent is:

If a merchant offers 15% discount and still makes a profit of 25%, then the cost of article which has a marked price of Rs. 500 is:

15% discount is offered on a shirt marked at Rs. 1200. But the shirt is sold at Rs. 918 after giving a further cash discount. How much is this cash discount (in %)?

After giving a discount of 20%, a shopkeeper earns 36% profit. Marked price is what percent more than the cost price?

A person sells two articles at the rate of Rs. 12900 per item, in this deal he neither gains nor loses. If he sold one article at 29% profit, then at what loss did he sell the other article?

Aman purchased an article at a discount of 30% and sold it to Param at 40% profit. What is the ratio between the initial marked price and the price for which Param purchased the article?

A trader gives a discount of 4% for purchases above Rs 25,000, 6% for purchases above Rs 35,000 and 8% for purchases above Rs 50,000. If an item is purchased for Rs 38,500, what would be the amount of discount?

Ramesh sells an article at a loss of 5%. If he buys it for 30% less price and sells it for Rs. 38.5 less, then his profit will be 20%. What is the cost price (in Rs.) of the article?

Ram sold a motorcycle for Rs. 70000 at 25% profit. For what price should he sell a motorcycle to gain 30% profit?

A photographer allows a discount of 10% on the advertised price of a camera. The price (in Rs) that must be marked on the camera, which cost him Rs 600, to make a profit of 20% would be

Find the single discount equivalent to two successive discounts of 15 percent and 5 percent.

If 3 dupattas are offered free on purchase of 6 dupattas priced Rs 1200 each what is the effective discount on each dupatta?

A, B and C start business with an investment of Rs.4000, Rs.8000 and Rs.12000. The total profit they got after 1 year is Rs.12,000. Find the profit got B and C together.

Case A. In a certain store, the profit is 340% of the cost. Case B. If the cost increases by 32% but the selling price remains constant, approximately what percentage of the selling price is the profit in case B?

A shopkeeper has announced 40% rebate on the price of TV sets at the time of sale. If a purchaser needs to have a rebate of Rs. 26,400, then how many TV sets each costing Rs. 6,000 should he purchase?