3305 + Mcqs in Profit And Loss Page 33 McqOptions

1601.	A vendor sells his articles at a certain profit percentage. If he sells his article at $$\frac{1}{3}$$ of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?
A.	2%
B.	20%
C.	0%
D.	0%
Answer» D. 0%

Discussion

1602.	The profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1 : 2 : 4. Also the ratio of number of articles sold of A, B and C is 2 : 5 : 2, then overall profit percentage is:
A.	8.5%
B.	1%
C.	3%
D.	7%
Answer» C. 3%

Discussion

1603.	Kamal bought a house, whose sale price was Rs. 8 lakh. He availed20% discount as an early bird offer and then 10% discount due to cash payment. After that he spent 10% of the cost price in interior decoration and lawn of the house. At what price should he sell the house to earn a profit of 25%?
A.	s. 9 lakh
B.	s. 7.99 lakh
C.	s. 7.92 lakh
D.	s. 7 lakh
E.	one of These
Answer» D. s. 7 lakh

Discussion

1604.	In the Bargaining Bazar everyone purchase with a fair bargaining, so the traders markup the prices too much. A trader marked up an article at Rs. M expected huge profit if it is sold on marked price. But a customer purchased it at $$\frac{{\text{M}}}{2}$$ with his fine bargaining skills, so the expected profit of the trader diminished by 66.66%. What is the percentage discount fetched by the customer through bargaining?
A.	3.33%
B.	0%
C.	0%
D.	6.66%
E.	one of these
Answer» C. 0%

Discussion

1605.	A company charges a fixed rental of Rs. 350 per month. It allows 200 calls free per month. Each call is charge at Rs. 1.4 when the number of calls exceed 200 per monthand it charges Rs. 1.6 when the number of calls exceeds 400 per month and so on. A customer made 150 calls in February and 250 calls in march. By how much percent each call is cheaper in March than each call in February.
A.	8%
B.	5%
C.	8.5%
D.	6%
E.	one of these
Answer» B. 5%

Discussion

1606.	Profit on selling 10 candles equals selling price of 3 bulbs. While loss on selling 10 bulbs equal selling price of 4 candles. Also profit percentage equals to the loss percentage and cost of a candle is half of the cost of a bulb. What is the ratio of selling price of candles to the selling price of a bulb?
A.	: 4
B.	: 2
C.	: 5
D.	: 4
Answer» C. : 5

Discussion

1607.	A shopkeeper allows 28% discount on the marked price of an article and still makes a profit of 20% If he gains Rs. 30.80 on the sale of one article, then what will be the cost price of the article?
A.	Rs. 145
B.	Rs. 160
C.	Rs. 164
D.	Rs. 154
Answer» E.

Discussion

1608.	A trader bought a bag of 40 kg of basmati rice at Rs. 125 per kg and another bag of 60 kg at Rs. 150 per kg. He sold the entire stock at a profit of 20%. find the selling price per kg.A. Rs. 152B. Rs. 158C. Rs. 168D. Rs. 172
A.	C
B.	A
C.	B
D.	D
Answer» B. A

Discussion

1609.	A started a business with Rs. 20000 and B joined after some time with Rs. 25000. If A and B share the profit in the ratio of 1 : 2 respectively, then what is the ratio of the time period of investment for A and B respectively?
A.	1 : 2
B.	5 : 6
C.	5 : 8
D.	5 : 7
Answer» D. 5 : 7

Discussion

1610.	A retailer buys a washing machine marked at Rs. 4,800 and gets two successive discounts of 15% and 5%. If he spends Rs. 124 on transportation and sells the washing machine at a gain of 13%, then find the selling price of the machine.
A.	Rs. 3520
B.	Rs. 4520
C.	Rs. 5520
D.	Rs. 2520
Answer» C. Rs. 5520

Discussion

1611.	A cell phone was marked at 20% above the cost price and discount of 10% was given on its marked price. What is the profit percentage?
A.	9%
B.	11%
C.	8%
D.	10%
Answer» D. 10%

Discussion

1612.	A vendor offers a 24% discount on a computer table with a marked price of Rs. 7600. If he still earns a profit of Rs. 400, what is the cost price of the table?
A.	Rs. 5600
B.	Rs. 5618
C.	Rs. 5376
D.	Rs. 4940
Answer» D. Rs. 4940

Discussion

1613.	If an article is sold at 5% profit instead of 8% loss, the man gains Rs. 260 more. What is the cost price (in Rs) of the article?
A.	1800
B.	2000
C.	1500
D.	1400
E.	1600
Answer» C. 1500

Discussion

1614.	Mahim bought a dozen eggs at Rs 50 and sells them at 26 percent profit. What is the selling price of each egg?
A.	Rs. 5
B.	Rs. 5.25
C.	Rs. 10
D.	Rs. 4
Answer» C. Rs. 10

Discussion

1615.	By selling an article at two-fifth of the marked price there is a loss of 25%. The respective ratio of the marked price to the cost price of the article is ________
A.	2 : 5
B.	5 : 2
C.	8 : 15
D.	15 : 8
Answer» E.

Discussion

1616.	If the shopkeeper sells an item at Rs. 4400 which is marked as Rs 5000, then what is the discount that he is offering?
A.	20%
B.	12%
C.	15%
D.	10%
Answer» C. 15%

Discussion

1617.	A man sells an article at a certain price incurring 20% loss. If he had sold the same article for Rs. 20 more he would have earned 20% profit. What was the cost price of the said article?
A.	20
B.	40
C.	50
D.	60
Answer» D. 60

Discussion

1618.	A vendor buys 12 bananas for Rs. 60 and sells 5 bananas for Rs. 32. What will be his gain (in %)?
A.	28
B.	32
C.	24
D.	22
Answer» B. 32

Discussion

1619.	A Shopkeeper buys a fan for Rs. 1200 and spends another Rs. 16 for transportation. If he sells the fan for Rs. 1300. What is the profit percentage?
A.	8.90%
B.	6.90%
C.	6%
D.	7.90%
Answer» C. 6%

Discussion

1620.	A trader buys jowar at Rs. 30 per kg. 20% of the grain gets wasted. He plans to sell the remaining grain so that he makes 40% overall profit. At what price (in Rs. per kg) should he sell the grain?
A.	48
B.	50
C.	52.5
D.	47.5
Answer» D. 47.5

Discussion

1621.	A publisher gives his distributor a discount of 30% on the printed price of the books. The distributor sells these books to a bookseller at 20% discount on the printed price and the bookseller sells these books at the marked price. Calculate the profit percentage made by the distributor
A.	$13 \frac{2}{7}$%
B.	$15 \frac{2}{7}$%
C.	$14 \frac{2}{7}$%
D.	$12 \frac{2}{7}$%
Answer» D. $12 \frac{2}{7}$%

Discussion

1622.	A and B started a business with some amount ratio of 2 : 1. After some months they double their share and after 2 months, B leaves the business and C joined the business with an amount Rs. 10000. After 4 months of joining, C doubles his money, and B comes back to the business with his initial principal Rs. 2000. At the end of the year, it is seen that the share of A and C are the same. After how many month A and B double their amount?
A.	3 Months
B.	4 Months
C.	2 Months
D.	6 months
E.	None of these
Answer» C. 2 Months

Discussion

1623.	Neha bought a steel bucket for Rs. 576 with a discount of 10% on the marked price. Find the marked price of the bucket.
A.	Rs. 620
B.	Rs. 640
C.	Rs. 660
D.	Rs. 680
Answer» C. Rs. 660

Discussion

1624.	160 cycles were sold for Rs. 524,000 resulting in a loss of 10%. What was the cost price of a cycle (in Rs.)? (rounded off to the nearest rupee)
A.	3275
B.	3639
C.	4321
D.	4763
Answer» C. 4321

Discussion

1625.	A vendor buys 4 pens at the rate of Rs 5 per pen and sells them at the rate of Rs 3 per pen. What will be the result of this transaction?
A.	40 percent gain
B.	66.6 percent loss
C.	66.66 percent gain
D.	40 percent loss
Answer» E.

Discussion

1626.	If the cost price of 5 articles is equal to the selling price of 8 articles, then what is the loss percentage?
A.	60%
B.	40%
C.	37.5%
D.	42.5%
Answer» D. 42.5%

Discussion

1627.	A table is offered for Rs. 1000 with 20% and 10% off. If in addition, a discount of 10% is offered on cash payment, then the cash price of the table is:
A.	Rs. 648
B.	Rs. 600
C.	Rs. 504
D.	Rs. 650
Answer» B. Rs. 600

Discussion

1628.	An item was sold at Rs. 722.5 after two successive discounts of 15 percent. What would be the selling price if two successive discounts of 20 percent were applied instead?
A.	Rs. 580
B.	Rs. 720
C.	Rs. 680
D.	Rs. 640
Answer» E.

Discussion

1629.	Find the cost price, if SP = Rs. 670 and its loss = 4%.
A.	Rs. 658.92
B.	Rs. 95.92
C.	Rs. 697.92
D.	Rs. 47.92
Answer» D. Rs. 47.92

Discussion

1630.	Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether?
A.	50
B.	30
C.	25
D.	45
Answer» B. 30

Discussion

1631.	If selling price is Rs. 100 more than the cost price and profit is 20%, then what is the cost price?
A.	600
B.	1000
C.	800
D.	500
Answer» E.

Discussion

1632.	Ram sold a laptop to a customer at a cost price of Rs. 25000 with a profit of 40%. Calculate the selling price.
A.	32000
B.	33000
C.	34000
D.	35000
Answer» E.

Discussion

1633.	A shopkeeper cheats to the extent of 22% while buying and selling fruits, by using tampered weights. His total gain, in percentage is:
A.	48.5
B.	48.84
C.	48.25
D.	48.75
Answer» C. 48.25

Discussion

1634.	An article having marked price Rs. 1800 is sold for Rs. 1476. What is the discount percentage?
A.	14%
B.	15%
C.	16%
D.	18%
Answer» E.

Discussion

1635.	An article was sold after allowing three successive discounts of 10%, 15% and 20% respectively on its marked price. If single discount of 45% was allowed, the seller would have got Rs. 310 less. If the article is sold at two successive discounts of 30% and 15% respectively, on the marked price, then its selling price is:
A.	Rs. 2850
B.	Rs. 2975
C.	Rs. 2980
D.	Rs. 2985
Answer» C. Rs. 2980

Discussion

1636.	A dishonest trader sells goods of 900 grams weight as the good of 1 kg weight. Then his profit percentage is:
A.	10 %
B.	$11{{}}\frac{2}{9}$%
C.	$11{{}}\frac{1}{9}$%
D.	$10{{}}\frac{1}{9}$%
Answer» D. $10{{}}\frac{1}{9}$%

Discussion

1637.	If Raj bought an umbrella for Rs. 100 and sold it for a profit of Rs. 10 then find the selling price of umbrella?
A.	Rs. 115
B.	Rs. 100
C.	Rs. 90
D.	Rs. 110
Answer» E.

Discussion

1638.	Kabir buys pencils at the rate of 11 in Rs. 10. He sells it at the rate of 10 in Rs. 11. His profit in percentage is equal to
A.	10%
B.	11%
C.	20%
D.	21%
Answer» E.

Discussion

1639.	Ram, Raju and Rajat start a business together with initial investment of Rs. 20000, Rs. 30000 and Rs. 25000 respectively. After 8 months, Ram and Raju both withdrew Rs. 10000 from the business. Total profit earned at the end of the year is Rs. 16400. Find out Rajat’s share of profit.
A.	Rs. 5500
B.	Rs. 6500
C.	Rs. 4000
D.	Rs. 6000
E.	Rs. 5000
Answer» E. Rs. 5000

Discussion

1640.	If profit is 1/11th of selling price, then what is the profit percentage?
A.	9
B.	10
C.	25/3
D.	11
Answer» C. 25/3

Discussion

1641.	Cost price of a watch is Rs. 530. If the loss percentage is 24%, then what is the value (in Rs.) of loss?
A.	127.2
B.	153.2
C.	139.4
D.	114.2
Answer» B. 153.2

Discussion

1642.	An item is sold for Rs. 702 at a profit of Rs. 162. If an additional profit of 10% is to be made, then the new selling price will be:
A.	Rs. 810
B.	Rs. 756
C.	Rs. 729
D.	Rs. 750
Answer» C. Rs. 729

Discussion

1643.	A person buys three bicycles at the rate of Rs. 4000 per bicycle. He sells first bicycle at a profit of 30 percent, sells second bicycle at a loss of 20 percent and sells third bicycle at a loss of 10 percent. What is the total profit percent in the whole transaction ?
A.	0 percent
B.	20 percent
C.	16.66 percent
D.	13.33 percent
Answer» B. 20 percent

Discussion

1644.	Marked price of a chair is Rs 800 and discount is 15%. What is additional discount (in percentage) should be offered to the customer to bring the price of chair to Rs. 578?
A.	15%
B.	10%
C.	16.5%
D.	17.5%
Answer» B. 10%

Discussion

1645.	Mr. Rajesh buys a toy for Rs. 27.50 ad sells it for Rs. 28.60. Find the gain percentage.
A.	5%
B.	4%
C.	6%
D.	3%
Answer» C. 6%

Discussion

1646.	By selling 21 pots at Rs. 2,520, there is a loss equal to the cost price of 3 pots. Find the cost price (in Rs.) of each pot.
A.	140
B.	150
C.	160
D.	180
Answer» B. 150

Discussion

1647.	An article when sold for Rs. 1770 fetches 18% profit. If 18 such articles are sold for Rs. 1600 each, then the profit or loss is
A.	$6\frac{2}{3}\% $ profit
B.	$8\frac{1}{3}\% $ profit
C.	$6\frac{2}{3}\% $ loss
D.	$8\frac{1}{3}\% $ loss
Answer» B. $8\frac{1}{3}\% $ profit

Discussion

1648.	A man sold an article at a loss of 20%. If he had sold that article for Rs.12 more he would have gained 10%. Find the cost price of that article.
A.	Rs. 22
B.	Rs. 40
C.	Rs. 60
D.	Rs. 30
Answer» C. Rs. 60

Discussion

1649.	A trader marks his goods at 40% above the cost price. He sells 70% of the goods at the marked price and the rest, he sells by allowing a 40% discount on the marked price. His percentage profit is:
A.	23.2
B.	23.4
C.	24.4
D.	24.2
Answer» B. 23.4

Discussion

1650.	On a particular transaction, a shopkeeper earns 400% on cost. If the cost price rises by 100% and the selling price remains unchanged, the ratio between the new profit and the selling price is:
A.	1 : 3
B.	3 : 5
C.	2 : 5
D.	1 : 2
Answer» C. 2 : 5

Discussion

1621.	A publisher gives his distributor a discount of 30% on the printed price of the books. The distributor sells these books to a bookseller at 20% discount on the printed price and the bookseller sells these books at the marked price. Calculate the profit percentage made by the distributor
A.	\(13 \frac{2}{7}\)%
B.	\(15 \frac{2}{7}\)%
C.	\(14 \frac{2}{7}\)%
D.	\(12 \frac{2}{7}\)%
Answer» D. \(12 \frac{2}{7}\)%

1647.	An article when sold for Rs. 1770 fetches 18% profit. If 18 such articles are sold for Rs. 1600 each, then the profit or loss is
A.	\(6\frac{2}{3}\% \) profit
B.	\(8\frac{1}{3}\% \) profit
C.	\(6\frac{2}{3}\% \) loss
D.	\(8\frac{1}{3}\% \) loss
Answer» B. \(8\frac{1}{3}\% \) profit

Explore topic-wise MCQs in Arithmetic Ability.

A vendor sells his articles at a certain profit percentage. If he sells his article at $$\frac{1}{3}$$ of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?

The profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1 : 2 : 4. Also the ratio of number of articles sold of A, B and C is 2 : 5 : 2, then overall profit percentage is:

Kamal bought a house, whose sale price was Rs. 8 lakh. He availed20% discount as an early bird offer and then 10% discount due to cash payment. After that he spent 10% of the cost price in interior decoration and lawn of the house. At what price should he sell the house to earn a profit of 25%?

A shopkeeper allows 28% discount on the marked price of an article and still makes a profit of 20% If he gains Rs. 30.80 on the sale of one article, then what will be the cost price of the article?

A trader bought a bag of 40 kg of basmati rice at Rs. 125 per kg and another bag of 60 kg at Rs. 150 per kg. He sold the entire stock at a profit of 20%. find the selling price per kg.A. Rs. 152B. Rs. 158C. Rs. 168D. Rs. 172

A started a business with Rs. 20000 and B joined after some time with Rs. 25000. If A and B share the profit in the ratio of 1 : 2 respectively, then what is the ratio of the time period of investment for A and B respectively?

A retailer buys a washing machine marked at Rs. 4,800 and gets two successive discounts of 15% and 5%. If he spends Rs. 124 on transportation and sells the washing machine at a gain of 13%, then find the selling price of the machine.

A cell phone was marked at 20% above the cost price and discount of 10% was given on its marked price. What is the profit percentage?

A vendor offers a 24% discount on a computer table with a marked price of Rs. 7600. If he still earns a profit of Rs. 400, what is the cost price of the table?

If an article is sold at 5% profit instead of 8% loss, the man gains Rs. 260 more. What is the cost price (in Rs) of the article?

Mahim bought a dozen eggs at Rs 50 and sells them at 26 percent profit. What is the selling price of each egg?

By selling an article at two-fifth of the marked price there is a loss of 25%. The respective ratio of the marked price to the cost price of the article is ________

If the shopkeeper sells an item at Rs. 4400 which is marked as Rs 5000, then what is the discount that he is offering?

A man sells an article at a certain price incurring 20% loss. If he had sold the same article for Rs. 20 more he would have earned 20% profit. What was the cost price of the said article?

A vendor buys 12 bananas for Rs. 60 and sells 5 bananas for Rs. 32. What will be his gain (in %)?

A Shopkeeper buys a fan for Rs. 1200 and spends another Rs. 16 for transportation. If he sells the fan for Rs. 1300. What is the profit percentage?

A trader buys jowar at Rs. 30 per kg. 20% of the grain gets wasted. He plans to sell the remaining grain so that he makes 40% overall profit. At what price (in Rs. per kg) should he sell the grain?

A publisher gives his distributor a discount of 30% on the printed price of the books. The distributor sells these books to a bookseller at 20% discount on the printed price and the bookseller sells these books at the marked price. Calculate the profit percentage made by the distributor

Neha bought a steel bucket for Rs. 576 with a discount of 10% on the marked price. Find the marked price of the bucket.

160 cycles were sold for Rs. 524,000 resulting in a loss of 10%. What was the cost price of a cycle (in Rs.)? (rounded off to the nearest rupee)

A vendor buys 4 pens at the rate of Rs 5 per pen and sells them at the rate of Rs 3 per pen. What will be the result of this transaction?

If the cost price of 5 articles is equal to the selling price of 8 articles, then what is the loss percentage?

A table is offered for Rs. 1000 with 20% and 10% off. If in addition, a discount of 10% is offered on cash payment, then the cash price of the table is:

An item was sold at Rs. 722.5 after two successive discounts of 15 percent. What would be the selling price if two successive discounts of 20 percent were applied instead?

Find the cost price, if SP = Rs. 670 and its loss = 4%.

Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether?

If selling price is Rs. 100 more than the cost price and profit is 20%, then what is the cost price?

Ram sold a laptop to a customer at a cost price of Rs. 25000 with a profit of 40%. Calculate the selling price.

A shopkeeper cheats to the extent of 22% while buying and selling fruits, by using tampered weights. His total gain, in percentage is:

An article having marked price Rs. 1800 is sold for Rs. 1476. What is the discount percentage?

A dishonest trader sells goods of 900 grams weight as the good of 1 kg weight. Then his profit percentage is:

If Raj bought an umbrella for Rs. 100 and sold it for a profit of Rs. 10 then find the selling price of umbrella?

Kabir buys pencils at the rate of 11 in Rs. 10. He sells it at the rate of 10 in Rs. 11. His profit in percentage is equal to

Ram, Raju and Rajat start a business together with initial investment of Rs. 20000, Rs. 30000 and Rs. 25000 respectively. After 8 months, Ram and Raju both withdrew Rs. 10000 from the business. Total profit earned at the end of the year is Rs. 16400. Find out Rajat’s share of profit.

If profit is 1/11th of selling price, then what is the profit percentage?

Cost price of a watch is Rs. 530. If the loss percentage is 24%, then what is the value (in Rs.) of loss?

An item is sold for Rs. 702 at a profit of Rs. 162. If an additional profit of 10% is to be made, then the new selling price will be:

A person buys three bicycles at the rate of Rs. 4000 per bicycle. He sells first bicycle at a profit of 30 percent, sells second bicycle at a loss of 20 percent and sells third bicycle at a loss of 10 percent. What is the total profit percent in the whole transaction ?

Marked price of a chair is Rs 800 and discount is 15%. What is additional discount (in percentage) should be offered to the customer to bring the price of chair to Rs. 578?

Mr. Rajesh buys a toy for Rs. 27.50 ad sells it for Rs. 28.60. Find the gain percentage.

By selling 21 pots at Rs. 2,520, there is a loss equal to the cost price of 3 pots. Find the cost price (in Rs.) of each pot.

An article when sold for Rs. 1770 fetches 18% profit. If 18 such articles are sold for Rs. 1600 each, then the profit or loss is

A man sold an article at a loss of 20%. If he had sold that article for Rs.12 more he would have gained 10%. Find the cost price of that article.

A trader marks his goods at 40% above the cost price. He sells 70% of the goods at the marked price and the rest, he sells by allowing a 40% discount on the marked price. His percentage profit is:

On a particular transaction, a shopkeeper earns 400% on cost. If the cost price rises by 100% and the selling price remains unchanged, the ratio between the new profit and the selling price is: