3305 + Mcqs in Profit And Loss Page 30 McqOptions

1451.	A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25% . If C bought the cycle for Rs. P, then the cost price of it for A was = ?
A.	${\text{Rs}}{\text{.}}\,\frac{1}{{20}}{\text{P}}$$
B.	${\text{Rs}}{\text{.}}\,\frac{9}{{20}}{\text{P}}$$
C.	${\text{Rs}}{\text{.}}\,\frac{9}{{10}}{\text{P}}$$
D.	${\text{Rs}}{\text{.}}\,\frac{{10}}{9}{\text{P}}$$
Answer» E.

Discussion

1452.	A sells a suitcase to B at 10%profit. If B pays Rs. 2860 for it, then the price of which A bought is = ?
A.	s. 1000
B.	s. 1600
C.	s. 2600
D.	s. 2500
Answer» D. s. 2500

Discussion

1453.	A watch is sold at a profit of 20%. If both the cost price and the selling price of the watch are decreased by Rs. 100, the profit would be 5% more. Original cost price of the watch is -
A.	s. 450
B.	s. 500
C.	s. 550
D.	s. 600
Answer» C. s. 550

Discussion

1454.	A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained $$18\frac{3}{4}$$ %. The cost price of the book is -
A.	s. 130
B.	s. 140
C.	s. 150
D.	s. 160
Answer» D. s. 160

Discussion

1455.	A man sells a book at a profit of 20% . If he had bought it at 20% less and sold it for Rs. 18 less, he would have gained 25% . The cost price of the book is = ?
A.	s. 60
B.	s. 70
C.	s. 80
D.	s. 90
Answer» E.

Discussion

1456.	Previously, the manufacturing cost of a product was thrice the cost of rawmaterial. Now the cost of raw material increases in the ratio 5 : 12 and manufacturing cost increases in the ratio of 3 : 5. The previous cost of the product was Rs. 8. What should be the present selling price so that 25% profit can be made?
A.	s. 13.70
B.	s. 14.80
C.	s. 18.50
D.	s. 19.50
Answer» D. s. 19.50

Discussion

1457.	The cost of raw materials of a product increases by 30%, the manufacturing cost increases by 20% and the selling price of the product increases by 60%. The raw material and the manufacturing cost originally formed 40% and 60% of the total cost respectively. If the original profit percentage was one - fourth the original manufacturing cost, find the approximate new profit percentage.
A.	8.39%
B.	4.76%
C.	3.85%
D.	6.75%
Answer» B. 4.76%

Discussion

1458.	An item costing Rs. 840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%. Find selling price of the item is = ?
A.	s. 877.80
B.	s. 798
C.	s. 924
D.	s. 37.80
Answer» B. s. 798

Discussion

1459.	A cloth merchant on selling 33 meters of cloth obtains a profit equal to the selling price of 11 meters of cloth the profit is = ?
A.	0%
B.	2%
C.	0%
D.	1%
Answer» D. 1%

Discussion

1460.	By selling 33 meters of cloth a person gains the cost price of 11 meters. Find his gain % = ?
A.	$33\frac{1}{3}\% $$
B.	$33\frac{1}{2}\% $$
C.	$33\% $$
D.	$34\frac{1}{3}\% $$
Answer» B. $33\frac{1}{2}\% $$

Discussion

1461.	A firm of readymade garments makes both men's and women's shirts. Its average profit is 6% of the sales. Its profit in men's shirt average 8% of the sales and women's shirts comprise 60% of the output. The average profit per sales rupee in women's shirts is
A.	0.0166
B.	0.0466
C.	0.0666
D.	one of these
Answer» C. 0.0666

Discussion

1462.	A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles them with other components to form a toy. Components A contributes to 10% of production cost while components B contributes to 20% of production cost. Usually the company sells this toy at 20% above the production cost. Due to increase in the raw material and labour cost in both the countries ,component A became 20% costlier and components B became 40% costlier. Owing to these reasons the company increased its selling price by 15%. Considering that cost of other components does not change. What will be the profit percentage if the toy is sold at the new price?
A.	5.5%
B.	5.5%
C.	5.5%
D.	0%
Answer» C. 5.5%

Discussion

1463.	On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is = ?
A.	s. 45
B.	s. 50
C.	s. 60
D.	s. 55
Answer» D. s. 55

Discussion

1464.	A shopkeeper bought 15 kg of rice at the rate of Rs. 29 per kg and 25 kg of rice at the rate of Rs. 20 per kg. He sold the mixture of both types of rice at the rate of Rs. 27 per kg. His profit in this transaction is = ?
A.	s. 125
B.	s. 150
C.	s. 140
D.	s. 145
Answer» E.

Discussion

1465.	A milkman makes 20% profit by selling milk mixed with water at Rs. 9 per litre, if the cost price of 1 litre pure milk is Rs. 10, then the ratio of milk and water in the said mixture is = ?
A.	: 1
B.	: 1
C.	: 2
D.	: 3
Answer» B. : 1

Discussion

1466.	A got 30%concession on the label price of an article and sold for Rs. 8750 with 25%profit on the price he bought. The label price was = ?
A.	s. 13000
B.	s. 16000
C.	s. 12000
D.	s. 10000
Answer» E.

Discussion

1467.	A trader marked the price of a commodity so as to include a profit of 25% , but allow discount of 16% on the marked price. His actual profit will be = ?
A.	6%
B.	5%
C.	%
D.	%
Answer» D. %

Discussion

1468.	While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be = ?
A.	0%
B.	$\frac{{17}}{2}$$%
C.	0%
D.	$42\frac{6}{7}$$%
Answer» E.

Discussion

1469.	A dishonest dealer sells the goods at 20% loss on cost price but uses 15% less weight. What is his percentage profit or loss ?
A.	$5\frac{{11}}{{17}}$$ % loss
B.	$5\frac{{15}}{{17}}$$ % loss
C.	$5\frac{{15}}{{17}}$$ % gain
D.	$5\frac{{11}}{{17}}$$ % gain
Answer» C. $5\frac{{15}}{{17}}$$ % gain

Discussion

1470.	Left pan of a faculty balance weighs 100 grams more than its right pan. A shopkeeper keeps the weight measure in the left pan while buying goods but keeps it in the right pan while selling his goods. He uses only 1 kg weight measure. If he sells his goods at the listed cost price, what is his gain ?
A.	$\frac{{100}}{{11}}$$%
B.	$\frac{{200}}{{11}}$$%
C.	$\frac{{100}}{{9}}$$%
D.	$\frac{{200}}{{9}}$$%
Answer» E.

Discussion

1471.	Nita blends two varieties of tea one costing Rs. 180 per kg and another costing Rs. 200 per kg in the ratio 5 : 3. If she sells the blended variety at Rs. 210 per kg then her gain is = ?
A.	10%
B.	1%
C.	2%
D.	3%
Answer» D. 3%

Discussion

1472.	A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively ?
A.	s. 225, Rs. 425
B.	s. 250, Rs. 400
C.	s. 275, Rs. 375
D.	s. 300, Rs. 350
Answer» C. s. 275, Rs. 375

Discussion

1473.	Albert buys 4 horses and 9 cows for Rs. 13400. If he sells the horses at 10%profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is -
A.	s. 1000
B.	s. 2000
C.	s. 2500
D.	s. 3000
Answer» C. s. 2500

Discussion

1474.	Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg of wheat and the same amount of wheat at the rate Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.90 per kg. Her total profit or loss in the transaction was = ?
A.	s. 2 loss
B.	s. 2 profit
C.	s. 6 loss
D.	s. 6 profit
Answer» D. s. 6 profit

Discussion

1475.	A man purchases some oranges at the rate of 3 for Rs. 40 and the same quantity at 5 for Rs. 60. If he sells all the oranges at the rate of 3 for Rs. 50,find his gain or loss percent ( to the nearest integer ) = ?
A.	4% loss
B.	1% profit
C.	1% loss
D.	2% profit
Answer» E.

Discussion

1476.	A manufacturer sells an article to a wholesale dealer at a profit of 10% . The wholesale dealer sells it to a shopkeeper at 20% profit. The shop - keeper sells it to a customer for Rs. 56100 at a loss of 15% . Then the cost price of the article to the manufacturer is = ?
A.	s. 25000
B.	s. 10000
C.	s. 50000
D.	s. 55000
Answer» D. s. 55000

Discussion

1477.	A house worth Rs. 150000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then find profit and loss in the entire transaction = ?
A.	gains Rs. 4150
B.	loses Rs. 4150
C.	gains Rs. 3150
D.	loses Rs. 3150
Answer» D. loses Rs. 3150

Discussion

1478.	A sells a bicycle to B at a profit of 20% . B sells it to C at a profit of 25% . If C pays Rs. 225 for it, the cost price of the bicycle for A is = ?
A.	s. 110
B.	s. 125
C.	s. 120
D.	s. 150
Answer» E.

Discussion

1479.	Raghavan purchase a scooter at $$\frac{13}{15}$$ of its selling price and sold it at 12% more than its selling price. His gain is -
A.	0%
B.	$29\frac{3}{{13}}$$%
C.	0%
D.	$38\frac{1}{{13}}$$%
Answer» C. 0%

Discussion

1480.	By selling an article at $$\frac{2}{3}$$ of the marked price, there is a loss of 10% . The profit percent, when the article is sold at the marked price, is -
A.	0%
B.	0%
C.	5%
D.	0%
Answer» D. 0%

Discussion

1481.	A space research company wants to sell its two products A and B. If the product A is sold at 20% loss and the product B at 30% gain, the company will not lose anything. If the product A is sold at 15% loss and the product B at 15% gain, the company will lose Rs. 6 million in the deal. What is the cost of product B ?
A.	s. 80 million
B.	s. 100 million
C.	s. 120 million
D.	s. 140 million
Answer» B. s. 100 million

Discussion

1482.	The C.P. of two watches taken together is Rs. 840. If by selling one at a profit of 16% and the other at a loss of 12% , there is no loss or gain in the whole transaction, then the C.P. of the two watches are respectively.
A.	s. 360, Rs. 480
B.	s. 480, Rs. 360
C.	s. 380, Rs. 460
D.	s. 400, Rs. 440
Answer» B. s. 480, Rs. 360

Discussion

1483.	A farmer sold a cow and an ox for Rs. 800 and got a profit of 20% on the cow and 25% on the ox. If he sells the cow and the ox for Rs. 820 he gets a profit of 25% on the cow and 20% on the ox. The individual cost price of the cow and the ox is :
A.	s. 530.60, Rs. 130.60 (approx)
B.	s. 515.60, Rs. 115.60 (approx)
C.	s. 531.50, Rs. 135.60 (approx)
D.	annot be determined
Answer» B. s. 515.60, Rs. 115.60 (approx)

Discussion

1484.	A milkman bought 70 litres of milk for Rs. 630 and added 5 litres of water. If sells it at Rs. 9.00 per litres, his profit percentage is = ?
A.	$8\frac{1}{5}$$%
B.	%
C.	$8\frac{2}{5}$$%
D.	$7\frac{1}{7}$$%
Answer» E.

Discussion

1485.	To gain 10% on selling the mixture of milk and water at the cost price of pure milk, the quantity of water to be mixed with 50 kg of pure milk is = ?
A.	.5 kg
B.	kg
C.	.5 kg
D.	0 kg
Answer» C. .5 kg

Discussion

1486.	A publisher printed 2000 copies of a book at a cost of Rs. 70000. He distributes 400 copies free as specimen copies. He gave 30% discount on marked price of each book which is Rs. 75. What is his gain or loss percentage = ?
A.	0% gain
B.	0% loss
C.	0% loss
D.	0% gain
Answer» B. 0% loss

Discussion

1487.	A dealer purchased a washing machine for Rs. 7660. After allowing a discount of 12% on its marked price, he still gains 10% . Find the marked price of the washing machine = ?
A.	s. 9575
B.	s. 8426
C.	s. 8246
D.	s. 9755
Answer» B. s. 8426

Discussion

1488.	How much percent above the cost price should a shopkeeper marks his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price = ?
A.	0%
B.	0%
C.	0%
D.	5%
Answer» B. 0%

Discussion

1489.	A shopkeeper cheats to the extent of 10%while buying as well as selling, by using false weights. His total gain is -
A.	0%
B.	1%
C.	0%
D.	1%
Answer» E.

Discussion

1490.	A fruit seller professes to sell his fruits at cost price, but still gains 25% on hisoutlay. What weight does he substitute for a kilogram ?
A.	00 gm
B.	50 gm
C.	90 gm
D.	00 gm
Answer» B. 50 gm

Discussion

1491.	A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10% . If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is = ?
A.	20
B.	80
C.	90
D.	00
Answer» E.

Discussion

1492.	A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19% ?
A.	4%
B.	0%
C.	5%
D.	0%
Answer» C. 5%

Discussion

1493.	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.	9 : 125
B.	5 : 37
C.	0 : 61
D.	5 : 56
Answer» E.

Discussion

1494.	A milkman cheats his customer in two ways. He mixes 10% water in pure milk and increases the price of milk by 10% . He purchases 20 kg pure milk at a rate of Rs. 15 per kg. His total profit by selling it is -
A.	s. 40
B.	s. 63
C.	s. 80
D.	s. 100
Answer» C. s. 80

Discussion

1495.	By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg, a shopkeeper makes a profit of 18% . If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does he other brand cost ?
A.	s. 110
B.	s. 120
C.	s. 140
D.	one of these
Answer» E.

Discussion

1496.	The marked price of an article is 10% higher than cost price. A discount of 10%is given on marked price. In this kind of seller bears = ?
A.	o loss No gain
B.	loss of 5%
C.	gain of 1%
D.	loss of 1%
Answer» E.

Discussion

1497.	By selling some goods at Rs. 31, a salesman loses 7% on his output. Find the percentage profit of loss, when he sells the same at Rs. 35 = ?
A.	oss 7%
B.	rofit 5%
C.	oss 5%
D.	rofit 7%
Answer» C. oss 5%

Discussion

1498.	A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it his net profit percentage will be = ?
A.	5%
B.	0%
C.	5%
D.	0%
Answer» E.

Discussion

1499.	A dealer buys dry fruit at the rate of Rs. 100, Rs. 80 and Rs. 60 per kg. He bought them in the ratio 12 : 15 : 20 by weight. He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which he had. What was the percentage loss he suffered for the third quantity ?
A.	0%
B.	0%
C.	0%
D.	0%
Answer» D. 0%

Discussion

1500.	Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of Rs. 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell the mixture to make 30% profit ?
A.	s. 14.80
B.	s. 15.40
C.	s. 15.60
D.	s. 16.30
E.	s. 18.20
Answer» E. s. 18.20

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25% . If C bought the cycle for Rs. P, then the cost price of it for A was = ?

A sells a suitcase to B at 10%profit. If B pays Rs. 2860 for it, then the price of which A bought is = ?

A watch is sold at a profit of 20%. If both the cost price and the selling price of the watch are decreased by Rs. 100, the profit would be 5% more. Original cost price of the watch is -

A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained $$18\frac{3}{4}$$ %. The cost price of the book is -

A man sells a book at a profit of 20% . If he had bought it at 20% less and sold it for Rs. 18 less, he would have gained 25% . The cost price of the book is = ?

An item costing Rs. 840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%. Find selling price of the item is = ?

A cloth merchant on selling 33 meters of cloth obtains a profit equal to the selling price of 11 meters of cloth the profit is = ?

By selling 33 meters of cloth a person gains the cost price of 11 meters. Find his gain % = ?

A firm of readymade garments makes both men's and women's shirts. Its average profit is 6% of the sales. Its profit in men's shirt average 8% of the sales and women's shirts comprise 60% of the output. The average profit per sales rupee in women's shirts is

On selling 17 balls at Rs. 720 there is a loss equal to the cost price of 5 balls. The cost price of a ball is = ?

A shopkeeper bought 15 kg of rice at the rate of Rs. 29 per kg and 25 kg of rice at the rate of Rs. 20 per kg. He sold the mixture of both types of rice at the rate of Rs. 27 per kg. His profit in this transaction is = ?

A milkman makes 20% profit by selling milk mixed with water at Rs. 9 per litre, if the cost price of 1 litre pure milk is Rs. 10, then the ratio of milk and water in the said mixture is = ?

A got 30%concession on the label price of an article and sold for Rs. 8750 with 25%profit on the price he bought. The label price was = ?

A trader marked the price of a commodity so as to include a profit of 25% , but allow discount of 16% on the marked price. His actual profit will be = ?

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be = ?

A dishonest dealer sells the goods at 20% loss on cost price but uses 15% less weight. What is his percentage profit or loss ?

Nita blends two varieties of tea one costing Rs. 180 per kg and another costing Rs. 200 per kg in the ratio 5 : 3. If she sells the blended variety at Rs. 210 per kg then her gain is = ?

A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing prices of A and B respectively ?

Albert buys 4 horses and 9 cows for Rs. 13400. If he sells the horses at 10%profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is -

Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg of wheat and the same amount of wheat at the rate Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.90 per kg. Her total profit or loss in the transaction was = ?

A man purchases some oranges at the rate of 3 for Rs. 40 and the same quantity at 5 for Rs. 60. If he sells all the oranges at the rate of 3 for Rs. 50,find his gain or loss percent ( to the nearest integer ) = ?

A manufacturer sells an article to a wholesale dealer at a profit of 10% . The wholesale dealer sells it to a shopkeeper at 20% profit. The shop - keeper sells it to a customer for Rs. 56100 at a loss of 15% . Then the cost price of the article to the manufacturer is = ?

A house worth Rs. 150000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then find profit and loss in the entire transaction = ?

A sells a bicycle to B at a profit of 20% . B sells it to C at a profit of 25% . If C pays Rs. 225 for it, the cost price of the bicycle for A is = ?

Raghavan purchase a scooter at $$\frac{13}{15}$$ of its selling price and sold it at 12% more than its selling price. His gain is -

By selling an article at $$\frac{2}{3}$$ of the marked price, there is a loss of 10% . The profit percent, when the article is sold at the marked price, is -

The C.P. of two watches taken together is Rs. 840. If by selling one at a profit of 16% and the other at a loss of 12% , there is no loss or gain in the whole transaction, then the C.P. of the two watches are respectively.

A farmer sold a cow and an ox for Rs. 800 and got a profit of 20% on the cow and 25% on the ox. If he sells the cow and the ox for Rs. 820 he gets a profit of 25% on the cow and 20% on the ox. The individual cost price of the cow and the ox is :

A milkman bought 70 litres of milk for Rs. 630 and added 5 litres of water. If sells it at Rs. 9.00 per litres, his profit percentage is = ?

To gain 10% on selling the mixture of milk and water at the cost price of pure milk, the quantity of water to be mixed with 50 kg of pure milk is = ?

A publisher printed 2000 copies of a book at a cost of Rs. 70000. He distributes 400 copies free as specimen copies. He gave 30% discount on marked price of each book which is Rs. 75. What is his gain or loss percentage = ?

A dealer purchased a washing machine for Rs. 7660. After allowing a discount of 12% on its marked price, he still gains 10% . Find the marked price of the washing machine = ?

How much percent above the cost price should a shopkeeper marks his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price = ?

A shopkeeper cheats to the extent of 10%while buying as well as selling, by using false weights. His total gain is -

A fruit seller professes to sell his fruits at cost price, but still gains 25% on hisoutlay. What weight does he substitute for a kilogram ?

A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10% . If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is = ?

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

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 milkman cheats his customer in two ways. He mixes 10% water in pure milk and increases the price of milk by 10% . He purchases 20 kg pure milk at a rate of Rs. 15 per kg. His total profit by selling it is -

By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg, a shopkeeper makes a profit of 18% . If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does he other brand cost ?

The marked price of an article is 10% higher than cost price. A discount of 10%is given on marked price. In this kind of seller bears = ?

By selling some goods at Rs. 31, a salesman loses 7% on his output. Find the percentage profit of loss, when he sells the same at Rs. 35 = ?

A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it his net profit percentage will be = ?

Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of Rs. 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell the mixture to make 30% profit ?