3305 + Mcqs in Profit And Loss Page 28 McqOptions

1351.	By selling 14 watches of equal cost price at the rate of Rs. 450 each, there is profit equal to the cost price of 4 watches. The cost price of the watch is = ?
A.	s. 350
B.	s. 360
C.	s. 375
D.	s. 400
Answer» B. s. 360

Discussion

1352.	An article is listed at Rs. 900 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discounts of 16%, instead of two discounts?
A.	ain of Rs. 4.76
B.	oss of Rs. 5.76
C.	oss of Rs. 4.76
D.	ain of Rs. 5.76
Answer» C. oss of Rs. 4.76

Discussion

1353.	If on a marked price, the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is Rs. 72, then the marked price in Rs. is
A.	400
B.	500
C.	000
D.	600
Answer» E.

Discussion

1354.	By selling 12 kg of potatoes for 63, a shopkeeper gains 5%. What does his gain or loss percent by selling. 50 kg of the same potatoes for 247.50 ?
A.	% profit
B.	% loss
C.	o profit no loss
D.	.5% profit
Answer» C. o profit no loss

Discussion

1355.	By selling 80 ball pens for Rs. 140 a retailer losses 30%. How many ball pens should he sell for Rs. 104 so as to make a profit of 30% ?
A.	2
B.	2
C.	8
D.	2
Answer» B. 2

Discussion

1356.	By selling 4 articles for 1 rupee, a man losses 4%. Had he sold three articles per rupee, the profit would have been = ?
A.	0%
B.	8%
C.	6%
D.	2%
Answer» C. 6%

Discussion

1357.	The marked price of watch was Rs. 820. A man bought the same for Rs. 570.72 after getting two successive discounts of which the first was 20%. The rate of second discount was -
A.	2%
B.	3%
C.	5%
D.	8%
Answer» C. 5%

Discussion

1358.	A piece of land came to a person through three middleman each gaining 20%. If the person purchased the land for Rs. 345600 the original cost of the land was =
A.	s. 100000
B.	s. 150000
C.	s. 175800
D.	s. 200000
Answer» E.

Discussion

1359.	The price of a jewellery, passing through three hands. Rises on the whole by 65%. If the first and the second sellers earned 20%and 25% profit respectively, the profit earned by the third seller is = ?
A.	0%
B.	5%
C.	0%
D.	%
Answer» D. %

Discussion

1360.	A man bought an old typewriter for Rs. 1200 and spent Rs. 200 on its repair. He sold it for Rs. 1680. His profit percent is = ?
A.	0%
B.	0%
C.	%
D.	6%
Answer» B. 0%

Discussion

1361.	A shopkeeper gives two successive discounts on an article marked Rs. 450. The first discount given is 10%. If the customer pays Rs. 344.25 for the article, the second discount given is -
A.	0%
B.	2%
C.	4%
D.	5%
Answer» E.

Discussion

1362.	Two stories A and B mark the price of an item identically. A allows 3 successive discounts of 10% each. B allows 10% discount on the list price and a subsequent discount of 19%. Under the circumstances, which of the following is true?
A.	he price of the article is cheaper at A
B.	he price of the article is cheaper at B
C.	he price of the article is same at A and B
D.	he price cannot be determined
Answer» D. he price cannot be determined

Discussion

1363.	After successive discounts of 12% and 5% an article was sold for Rs. 209. What was the original price of the article?
A.	s. 226
B.	s. 250
C.	s. 252
D.	s. 269
Answer» C. s. 252

Discussion

1364.	A dealer sold an article at 6% loss. Had he sold it for Rs. 64 more, he would have made a profit of 10%. Then the cost of the article is = ?
A.	s. 400
B.	s. 200
C.	s. 164
D.	s. 464
Answer» B. s. 200

Discussion

1365.	A man buys a toy for Rs. 25 and sells it for Rs. 30. His gain percent is = ?
A.	0%
B.	0%
C.	%
D.	.5%
Answer» B. 0%

Discussion

1366.	Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be= ?
A.	s. 1000, Rs. 1500
B.	s. 5000, Rs. 2000
C.	s. 3000, Rs. 2000
D.	s. 3000, Rs. 5000
Answer» D. s. 3000, Rs. 5000

Discussion

1367.	Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.
A.	s. 70.10
B.	s. 70.20
C.	s. 72
D.	s. 72.20
Answer» E.

Discussion

1368.	A shop gives 10% discount on the purchase of an item. If paid for in cash immediately, a further discount of 12% is given. If the original price of the item is Rs. 250, what is the price of the article if a cash purchase is made ?
A.	s. 190
B.	s. 195
C.	s. 198
D.	s. 200
Answer» D. s. 200

Discussion

1369.	A bought an article, paying 5% less than the original price. A sold it with 20% profit on the price he had paid. What percent of profit did A earn on the original price = ?
A.	0
B.	3
C.	4
D.	$\frac{{17}}{2}$$
Answer» D. $\frac{{17}}{2}$$

Discussion

1370.	An item when sold for Rs. 1690 earned 30% profit on the cost price. Then the cost price is = ?
A.	s. 507
B.	s. 630
C.	s. 1300
D.	s. 130
Answer» D. s. 130

Discussion

1371.	If the cost price is 90% of the selling price, what is the profit percent ?
A.	%
B.	.75%
C.	%
D.	$11\frac{1}{9}$$%
Answer» E.

Discussion

1372.	A discount series of p% and q% on an invoice is the same as a single discount of -
A.	$\left[ {p + q + \frac{{pq}}{{100}}} \right]\% $$
B.	$\left[ {p - q + \frac{{pq}}{{100}}} \right]\% $$
C.	${\text{100 - }}\left[ {p + q + \frac{{pq}}{{100}}} \right]\% $$
D.	one of these
Answer» E.

Discussion

1373.	Successive discounts of 10%,12% and 15% amount to a single discount of -
A.	2.68%
B.	5.28%
C.	6.68%
D.	one of these
Answer» B. 5.28%

Discussion

1374.	If the cost price is 95% of the selling price, what is the profit percent = ?
A.	%
B.	.75%
C.	%
D.	.26%
Answer» E.

Discussion

1375.	If selling price of an article is reduced by 60%, then there is a loss of 10% on cost price. The initial profit percent was = ?
A.	0%
B.	0%
C.	00%
D.	25%
Answer» E.

Discussion

1376.	The difference between the selling price and cost price of an article is Rs. 210. If the profit percent is 25, then the selling price of the article is = ?
A.	s. 950
B.	s. 1050
C.	s. 1150
D.	s. 1250
Answer» C. s. 1150

Discussion

1377.	Jatin bought a refrigerator with 20%discount on the labelled price. Had he bought it with 25%discount, he would have saved Rs. 500. At what price did he buy the refrigerator ?
A.	s. 8000
B.	s. 10,000
C.	s. 12,500
D.	s. 15,000
Answer» B. s. 10,000

Discussion

1378.	An article was sold for Rs. y after giving a discount of x%. Then, its list price is ?
A.	$\frac{{100y}}{{100 - x}}$$
B.	$\frac{{100y}}{{1 - x}}$$
C.	$\frac{{100y}}{{1 - \left( {x/100} \right)}}$$
D.	one of these
Answer» B. $\frac{{100y}}{{1 - x}}$$

Discussion

1379.	The difference between the selling price of an article at a profit of 15% and at a profit of 10% is Rs. 10. The cost price of the article is = ?
A.	s. 100
B.	s. 120
C.	s. 150
D.	s. 200
Answer» E.

Discussion

1380.	A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be = ?
A.	% profit
B.	either loss nor gain
C.	% loss
D.	0% profit
Answer» B. either loss nor gain

Discussion

1381.	By selling an article, a man makes a profit of 25% of its selling price. His profit percent is = ?
A.	0
B.	5
C.	$16\frac{2}{3}$$
D.	$33\frac{1}{3}$$
Answer» E.

Discussion

1382.	A shopkeeper marks his goods at such a price that after allowing a discount of 12.5 %on the marked price, he still earns a profit of 10%. The marked price of an article which costs him Rs. 4900 is -
A.	s. 5390
B.	s. 5490
C.	s. 6160
D.	s. 6260
Answer» D. s. 6260

Discussion

1383.	If a commission at the rate of 10% is given to a bookseller on the marked price of a book by the publisher, the publisher gains 20% . If the commission is increased to 15% , then the gain percent would be = ?
A.	$6\frac{2}{3}\% $$
B.	$13\frac{1}{3}\% $$
C.	$15\frac{5}{6}\% $$
D.	$12\frac{1}{2}\% $$
Answer» C. $15\frac{5}{6}\% $$

Discussion

1384.	A shopkeeper purchased 50 dozen cups for Rs. 3000. Out of these, 60 cups were broken and could not be sold. At what rate per dozen should he sell the remaining cup to make a profit of 20% ?
A.	s. 60
B.	s. 75
C.	s. 80
D.	s. 90
Answer» D. s. 90

Discussion

1385.	A discount of 10% is given by a salesman for cash payment. What should be the marked price if he wants to earn a profit of 5% ?
A.	6.67%
B.	5%
C.	2%
D.	0%
Answer» B. 5%

Discussion

1386.	At what percent above the cost price must a shopkeeper mark his goods so that he gains 20% even after giving a discount of 10% on the marked price ?
A.	5%
B.	0%
C.	$33\frac{1}{3}$$%
D.	$37\frac{1}{2}$$%
Answer» D. $37\frac{1}{2}$$%

Discussion

1387.	By selling an umbrella for Rs. 300, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is -
A.	%
B.	.5%
C.	%
D.	%
Answer» D. %

Discussion

1388.	A loss of 20% gets converted into a profit of 15% when the selling price of an article is increased by Rs. 70. Find the cost price of the article = ?
A.	s. 100
B.	s. 150
C.	s. 200
D.	s. 250
Answer» D. s. 250

Discussion

1389.	A person buys a bag at 25% discount on its original price. After few days, he sells it to his friend at 40% increase on the original price. What is his profit percentage (approx) ?
A.	5%
B.	0%
C.	7%
D.	5%
Answer» D. 5%

Discussion

1390.	A sells a car priced at Rs. 36000. He gives a discount of 8% on the 1st Rs. 20000 and 5% on the remaining Rs. 16000 B also sells a car of the same make, period at Rs. 36000. He gives a discount of 7% on the total price. Calculate the actual price charged by A and B for the cars =
A.	= Rs. 33500, B = Rs. 33400
B.	= Rs. 33450, B = Rs. 33650
C.	= Rs. 33480, B = Rs. 33600
D.	= Rs. 33600, B = Rs. 33480
Answer» E.

Discussion

1391.	The price of an article by 30%and then two successive discounts of 10%each are allowed. Ultimately, the price of the article is -
A.	ecreased by 5.3%
B.	ncreased by 3%
C.	ncreased by 5.3%
D.	ecreased by 10%
Answer» D. ecreased by 10%

Discussion

1392.	A showroom owner sells a leather jacket for Rs. x and claims to make a profit of 10%. He plans to have a stall in the trade fair and marks the same jacket at Rs. 2x. At the stall,he allows a discount of 20%. What will be the percentage profit that he will make at the trade fair?
A.	0%
B.	6%
C.	0%
D.	6%
Answer» C. 0%

Discussion

1393.	By selling an article at $$\frac{3}{4}$$ of selling price, a trader incurred a loss of 10%. The Profit/loss percentage, when it is sold at the original selling price, is = ?
A.	0% loss
B.	20% profit
C.	2.50% loss
D.	0% profit
Answer» E.

Discussion

1394.	A trader sells two bullocks for Rs. 8400 each, neither losing nor gaining in total. If he sold of one of the bullocks at a gain of 20%, the other is sold at a loss of = ?
A.	0%
B.	${\text{18}}\frac{2}{9}$$%
C.	${\text{14}}\frac{2}{7}$$%
D.	1%
Answer» D. 1%

Discussion

1395.	Pawan kaul earns 15 percent on an investment but loses 10 percent on another investment. If the ratio of two investments is 3 : 5, then the combined loss percent is = ?
A.	$\frac{5}{4}\% $$
B.	$\frac{4}{5}\% $$
C.	$\frac{8}{5}\% $$
D.	$\frac{5}{8}\% $$
Answer» E.

Discussion

1396.	A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is -
A.	5 : 56
B.	0 : 61
C.	9 : 125
D.	one of these
Answer» B. 0 : 61

Discussion

1397.	A tradesman marks his goods 30% above the C.P. If he allows a discount of $$6\frac{1}{4}$$ %, then his gain percent is -
A.	$21\frac{7}{8}$$%
B.	2%
C.	$23\frac{3}{4}$$%
D.	one of these
Answer» B. 2%

Discussion

1398.	A fruit seller buys 240 apples for Rs. 600. Some of these apples are rotten and are thrown away. He sells the remaining apples at Rs. 3.50 each and makes a profit of Rs. 198. The % of apples thrown away are ?
A.	%
B.	%
C.	%
D.	%
Answer» C. %

Discussion

1399.	A shopkeeper purchased a TV for Rs. 2000 and a radio for Rs. 750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total loss or profit is = ?
A.	ain Rs. 352.50
B.	ain Rs. 362.50
C.	oss Rs. 332
D.	oss Rs. 300
Answer» C. oss Rs. 332

Discussion

1400.	The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be = ?
A.	s. 704.50
B.	s. 724.50
C.	s. 664.50
D.	s. 684.50
Answer» C. s. 664.50

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

By selling 14 watches of equal cost price at the rate of Rs. 450 each, there is profit equal to the cost price of 4 watches. The cost price of the watch is = ?

An article is listed at Rs. 900 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discounts of 16%, instead of two discounts?

If on a marked price, the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is Rs. 72, then the marked price in Rs. is

By selling 12 kg of potatoes for 63, a shopkeeper gains 5%. What does his gain or loss percent by selling. 50 kg of the same potatoes for 247.50 ?

By selling 80 ball pens for Rs. 140 a retailer losses 30%. How many ball pens should he sell for Rs. 104 so as to make a profit of 30% ?

By selling 4 articles for 1 rupee, a man losses 4%. Had he sold three articles per rupee, the profit would have been = ?

The marked price of watch was Rs. 820. A man bought the same for Rs. 570.72 after getting two successive discounts of which the first was 20%. The rate of second discount was -

A piece of land came to a person through three middleman each gaining 20%. If the person purchased the land for Rs. 345600 the original cost of the land was =

The price of a jewellery, passing through three hands. Rises on the whole by 65%. If the first and the second sellers earned 20%and 25% profit respectively, the profit earned by the third seller is = ?

A man bought an old typewriter for Rs. 1200 and spent Rs. 200 on its repair. He sold it for Rs. 1680. His profit percent is = ?

A shopkeeper gives two successive discounts on an article marked Rs. 450. The first discount given is 10%. If the customer pays Rs. 344.25 for the article, the second discount given is -

Two stories A and B mark the price of an item identically. A allows 3 successive discounts of 10% each. B allows 10% discount on the list price and a subsequent discount of 19%. Under the circumstances, which of the following is true?

After successive discounts of 12% and 5% an article was sold for Rs. 209. What was the original price of the article?

A dealer sold an article at 6% loss. Had he sold it for Rs. 64 more, he would have made a profit of 10%. Then the cost of the article is = ?

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

Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be= ?

Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.

A shop gives 10% discount on the purchase of an item. If paid for in cash immediately, a further discount of 12% is given. If the original price of the item is Rs. 250, what is the price of the article if a cash purchase is made ?

A bought an article, paying 5% less than the original price. A sold it with 20% profit on the price he had paid. What percent of profit did A earn on the original price = ?

An item when sold for Rs. 1690 earned 30% profit on the cost price. Then the cost price is = ?

If the cost price is 90% of the selling price, what is the profit percent ?

A discount series of p% and q% on an invoice is the same as a single discount of -

Successive discounts of 10%,12% and 15% amount to a single discount of -

If the cost price is 95% of the selling price, what is the profit percent = ?

If selling price of an article is reduced by 60%, then there is a loss of 10% on cost price. The initial profit percent was = ?

The difference between the selling price and cost price of an article is Rs. 210. If the profit percent is 25, then the selling price of the article is = ?

Jatin bought a refrigerator with 20%discount on the labelled price. Had he bought it with 25%discount, he would have saved Rs. 500. At what price did he buy the refrigerator ?

An article was sold for Rs. y after giving a discount of x%. Then, its list price is ?

The difference between the selling price of an article at a profit of 15% and at a profit of 10% is Rs. 10. The cost price of the article is = ?

A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be = ?

By selling an article, a man makes a profit of 25% of its selling price. His profit percent is = ?

A shopkeeper marks his goods at such a price that after allowing a discount of 12.5 %on the marked price, he still earns a profit of 10%. The marked price of an article which costs him Rs. 4900 is -

If a commission at the rate of 10% is given to a bookseller on the marked price of a book by the publisher, the publisher gains 20% . If the commission is increased to 15% , then the gain percent would be = ?

A shopkeeper purchased 50 dozen cups for Rs. 3000. Out of these, 60 cups were broken and could not be sold. At what rate per dozen should he sell the remaining cup to make a profit of 20% ?

A discount of 10% is given by a salesman for cash payment. What should be the marked price if he wants to earn a profit of 5% ?

At what percent above the cost price must a shopkeeper mark his goods so that he gains 20% even after giving a discount of 10% on the marked price ?

By selling an umbrella for Rs. 300, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is -

A loss of 20% gets converted into a profit of 15% when the selling price of an article is increased by Rs. 70. Find the cost price of the article = ?

A person buys a bag at 25% discount on its original price. After few days, he sells it to his friend at 40% increase on the original price. What is his profit percentage (approx) ?

A sells a car priced at Rs. 36000. He gives a discount of 8% on the 1st Rs. 20000 and 5% on the remaining Rs. 16000 B also sells a car of the same make, period at Rs. 36000. He gives a discount of 7% on the total price. Calculate the actual price charged by A and B for the cars =

The price of an article by 30%and then two successive discounts of 10%each are allowed. Ultimately, the price of the article is -

A showroom owner sells a leather jacket for Rs. x and claims to make a profit of 10%. He plans to have a stall in the trade fair and marks the same jacket at Rs. 2x. At the stall,he allows a discount of 20%. What will be the percentage profit that he will make at the trade fair?

By selling an article at $$\frac{3}{4}$$ of selling price, a trader incurred a loss of 10%. The Profit/loss percentage, when it is sold at the original selling price, is = ?

A trader sells two bullocks for Rs. 8400 each, neither losing nor gaining in total. If he sold of one of the bullocks at a gain of 20%, the other is sold at a loss of = ?

Pawan kaul earns 15 percent on an investment but loses 10 percent on another investment. If the ratio of two investments is 3 : 5, then the combined loss percent is = ?

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is -

A tradesman marks his goods 30% above the C.P. If he allows a discount of $$6\frac{1}{4}$$ %, then his gain percent is -

A fruit seller buys 240 apples for Rs. 600. Some of these apples are rotten and are thrown away. He sells the remaining apples at Rs. 3.50 each and makes a profit of Rs. 198. The % of apples thrown away are ?

A shopkeeper purchased a TV for Rs. 2000 and a radio for Rs. 750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total loss or profit is = ?

The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be = ?