3305 + Mcqs in Profit And Loss Page 36 McqOptions

1751.	If a shopkeeper cheats up to 25% in buying and selling fruit by using less weight, then his total profit percentage is:A. 55.25B. 56.25C. 56.75D. 56.5
A.	A
B.	D
C.	C
D.	B
Answer» E.

Discussion

1752.	A shopkeeper marks his goods at a price such that after giving a discount of 25%, he gains 20%. If the cost price of the article is Rs. 460, what is its marked price?
A.	Rs. 736
B.	Rs. 748
C.	Rs. 725
D.	Rs. 752
Answer» B. Rs. 748

Discussion

1753.	A person sold \(\frac 3 4\)th of his articles at a profit of 25% and the rest of his articles at a profit of 17%. The overall percentage of his profit is:
A.	24%
B.	23%
C.	22%
D.	21%
Answer» C. 22%

Discussion

1754.	Cost price of an article is Rs. 5500. It was sold at a profit of 9.09%. If the article was sold at a discount of 20%, then what is the marked price (in Rs.) of the article?
A.	6000
B.	7500
C.	6600
D.	6800
Answer» C. 6600

Discussion

1755.	A sold a car to B at a profit of 20%. B sold the car to C at a loss of 10%. If C pays Rs 432 for car, then for how much (in Rs) A bought the car?
A.	303.3
B.	400
C.	200
D.	252.25
Answer» C. 200

Discussion

1756.	If the ratio of the cost price and selling price of an article is 5 ∶ 3, then what will be the loss percentage?
A.	20
B.	40
C.	45
D.	50
Answer» C. 45

Discussion

1757.	A shopkeeper buys two books for 300. He sells the first book at a profit of 20% and the second book at a loss of 10% what is the selling price of the first book, if, in the whole transaction there is no profit no loss?
A.	Rs. 120
B.	Rs. 125
C.	Rs. 110
D.	Rs. 115
Answer» B. Rs. 125

Discussion

1758.	P started a business by investing Rs. 35000 and Q joined him after one year with an amount of Rs. 21,000. After two years from the starting of the business, they earned a profit of Rs. 26000. What will be P's share (in Rs.) of the profit?
A.	15000
B.	18000
C.	20000
D.	16000
Answer» D. 16000

Discussion

1759.	A retailer marks up his goods by 150% and offers 40% discount. What will be the selling price (in Rs.) if the cost price is Rs. 800?
A.	1200
B.	1500
C.	1000
D.	2000
Answer» B. 1500

Discussion

1760.	A man bought three articles for Rs. 3,000 each. He sold the articles respectively at 15% profit, 10% profit and 15% loss. The total percentage profit/loss he earned is
A.	10% loss
B.	No profit no loss
C.	\(\frac{10}{3}%\)% profit
D.	\(\frac{10}{3}%\)% loss
Answer» D. \(\frac{10}{3}%\)% loss

Discussion

1761.	A person marks his goods 40% above the cost price. He sold 30% of goods at the marked price. 60% of the remaining at a discount of 20% and remaining at a 40% discount. What is his overall gain percent?
A.	12.56
B.	17.65
C.	23.55
D.	15.8%
Answer» B. 17.65

Discussion

1762.	A sells a car to B at 10% loss. Then B sells it for Rs. 5,40,000 and gains 20%, the cost price of the car for A was∶
A.	Rs. 5,00,000
B.	Rs. 5,40,000
C.	Rs. 5,10,000
D.	Rs. 5,20,000
Answer» B. Rs. 5,40,000

Discussion

1763.	A shopkeeper sells a product in Rs. 2,367 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
A.	1,052
B.	1,062
C.	1,042
D.	1,032
Answer» B. 1,062

Discussion

1764.	If a merchant offers a discount of 25% on the list price, then he makes a loss of 5%. What % profit or % loss will he make if he sells at a discount of 10% of the list price?
A.	5.5 percent loss
B.	14 percent profit
C.	50 percent profit
D.	26 percent loss
Answer» C. 50 percent profit

Discussion

1765.	Neeraj purchased a few shirts for his shop at cost prices ranging from Rs. 400 to Rs. 550 and sold at prices ranging from Rs. 450 to Rs. 650. What is the maximum profit that might be made in selling 10 shirts?A. Rs. 2800B. Rs. 2500C. Rs. 2400D. Rs. 2000
A.	B
B.	C
C.	D
D.	A
Answer» B. C

Discussion

1766.	A man purchased a car for Rs. 12 lakh and was insured at 80% of the cost. He sold the car at a 15% loss but had not yet delivered it to the buyer when he met with an accident. After the accident, the car damaged a lot and the insurance company paid 90% of the insured amount. The net difference in the two transactions is:
A.	Rs. 1.56 lakhs
B.	Rs. 92 lakhs
C.	Rs. 88 lakhs
D.	Rs. 1.38 lakhs
Answer» B. Rs. 92 lakhs

Discussion

1767.	A vegetable vendor bought some mangoes and sold \(33\frac{1}{3}\% \) of them at 22.5% profit, 25% at 25% loss and the rest at 3% loss. Its overall profit or loss is:
A.	No profit or loss
B.	\(3\frac{1}{3}\% \) profit
C.	\(5\frac{1}{2}\% \) loss
D.	\(3\frac{1}{3}\% \) loss
Answer» B. \(3\frac{1}{3}\% \) profit

Discussion

1768.	An article is sold for Rs.796.875, after allowing two successive discounts of 15% and 25%. The cost price of the article is Rs.1,000. If it is sold at the marked price, then what is the gain percentage?
A.	22.5%
B.	20%
C.	27.5%
D.	25%
Answer» E.

Discussion

1769.	By selling an article for Rs. 720, a man loses 10%. At what price should he sell it to gain 5%?
A.	Rs. 840
B.	Rs. 890
C.	Rs. 1000
D.	Rs. 995
Answer» B. Rs. 890

Discussion

1770.	A retailer bought 22 kg of rice at Rs. 35 per kg and 13 kg of rice at Rs. 30 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs. 40 per kg? (correct to the nearest integer)
A.	21
B.	18
C.	25
D.	20
Answer» B. 18

Discussion

1771.	A shop keeper earns a profit of 20% on selling a book at a 16% discount on the printed price. The ratio of the cost price and the printed price is
A.	5 : 6
B.	5 : 7
C.	7 : 10
D.	6 : 11
Answer» D. 6 : 11

Discussion

1772.	A shop - keeper offers 30% discount on bags which have been marked 60% above the cost price. Rahul bought the bag for Rs. 672. What was the cost price (in Rs) of the bag?
A.	580
B.	600
C.	550
D.	610
Answer» C. 550

Discussion

1773.	A successive discount of 20% & 10% in equivalent to what single discount?
A.	22%
B.	25%
C.	28%
D.	30%
Answer» D. 30%

Discussion

1774.	If selling price of a product is multiplied by 2, then the resultant profit is 6 times the original profit. What is the original profit percentage?
A.	15
B.	10
C.	25
D.	20
Answer» D. 20

Discussion

1775.	A man buys a fan for Rs 30 and sells it for Rs. 36. What is his gain percent?
A.	40
B.	10
C.	20
D.	16.67
Answer» D. 16.67

Discussion

1776.	Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What should be the respective profit sharing ratio of Ajay and Babu?
A.	2 : 3
B.	9 : 7
C.	7 : 9
D.	8 : 11
Answer» D. 8 : 11

Discussion

1777.	A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%.A. 12%B. 14%C. 15%D. 18%
A.	A
B.	B
C.	C
D.	D
Answer» C. C

Discussion

1778.	A person purchased a vehicle for Rs. 5,90,828 and sold it for Rs. 6,52,920. What is the profit percent he earned on this vehicle (correct to two decimal places)?
A.	11.55%
B.	9.55%
C.	9.51%
D.	10.50%
Answer» E.

Discussion

1779.	Aman, Kamal and Ratan start a business. The ratio of their investments is 12 : 4 : 3. If at the end the ratio of their profits is 3 : 16 : 9, then what is the ratio of time period of their investment?
A.	9 : 64 : 81
B.	4 : 36 : 9
C.	1 : 16 : 12
D.	3 : 64 : 9
Answer» D. 3 : 64 : 9

Discussion

1780.	A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percent should he sell the remainder so as to gain 10% on the whole transaction?
A.	13%
B.	12.5%
C.	15%
D.	20%
Answer» D. 20%

Discussion

1781.	At a clearance sale, all goods are on sale at 30% discount. If I pay Rs. 315 for an article, then its marked price is:
A.	Rs. 410
B.	Rs. 390
C.	Rs. 450
D.	Rs. 380
Answer» D. Rs. 380

Discussion

1782.	Mr. Piyush sold a bus for Rs. 3400 with a loss of 15%. At what price should the bus be sold to get a profit of 15%?A. 4500B. 4300C. 4700D. 4600
A.	B
B.	A
C.	D
D.	C
Answer» D. C

Discussion

1783.	I sold an article for ₹8800 thus gained 10%. For what amount should sell it to get 15% profit?
A.	₹9,400
B.	₹9,300
C.	₹9,200
D.	₹9,500
Answer» D. ₹9,500

Discussion

1784.	A person sells a pen at 15% proﬁt. If he had bought it at 7% less price and sold it for Rs 250 more, then he would have gained 25%. What is the cost price (in Rs) of the pen?
A.	20000
B.	18000
C.	25000
D.	23000
Answer» B. 18000

Discussion

1785.	If the price of apple increases from Rs. 80/kg to Rs. 100/kg, then by what percentage a person should decrease the consumption of apple so that his expenditure remains same?
A.	25
B.	22
C.	20
D.	18
Answer» D. 18

Discussion

1786.	By selling an article for Rs.72 there is a loss of 10%. In order to gain 5%, its selling price should be:
A.	Rs. 85
B.	Rs. 84
C.	Rs. 80
D.	Rs. 87
Answer» C. Rs. 80

Discussion

1787.	By selling 18 tables fans for Rs. 11,664 a man incurs a loss of 10% How many fans should he sell for Rs. 17,424 to earn 10% profit?
A.	20
B.	18
C.	22
D.	23
Answer» D. 23

Discussion

1788.	If the price of an article is decreased by 20%, then to restore its former value by what percent should the new price be increased?
A.	20
B.	25
C.	10
D.	12.5
Answer» C. 10

Discussion

1789.	A farmer buys a cow and a buffalo for Rs 45,000. He sold the cow at a profit of 20 percent and the buffalo at a loss of 20 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?
A.	27000
B.	20000
C.	25000
D.	18000
Answer» E.

Discussion

1790.	Ajay sold an article for Rs. 84 at a loss of 30%. If he sells same article at Rs. 120, then what will be his profit or loss percentage?
A.	10% loss
B.	15% loss
C.	No profit no loss
D.	20% profit
Answer» D. 20% profit

Discussion

1791.	A shopkeeper marks the price of an article in such a way that after allowing a discount of 22% he gets a gain of 11% If the marked price is Rs. 888, then the cost price of the article is:
A.	Rs. 550
B.	Rs. 782
C.	Rs. 895
D.	Rs. 624
Answer» E.

Discussion

1792.	A shopkeeper marks his goods at 20% above the cost price. He sells three - fourth of the goods at the marked price and the remaining at 30% discount on the marked price. What is his gain/loss percentage?
A.	Gain 11%
B.	Loss 9%
C.	Loss 11%
D.	Gain 9%
Answer» B. Loss 9%

Discussion

1793.	A fan is listed at Rs.1500 and a Discount of 20% is offered on the list price. What additional Discount must be offered to the customer to bring the net price to Rs.1104.
A.	8%
B.	10%
C.	12%
D.	15%
Answer» B. 10%

Discussion

1794.	Rajendra bought a mobile with 25% discount on the selling price. If the mobile cost him Rs. 4875, what is the original selling price of the mobile?
A.	Rs. 6300
B.	Rs. 6400
C.	Rs. 6500
D.	Rs. 6600
Answer» D. Rs. 6600

Discussion

1795.	After allowing a discount of \(12^\frac{1}{2}\)% on the marked price of an article. it was sold for ₹700. Had the discount NOT been given, the profit would have been 60%.The cost price of the article is:
A.	₹500
B.	₹540
C.	₹600
D.	₹480
Answer» B. ₹540

Discussion

1796.	A tradesman’s charges are 20% over cost price, he allows his customer 10% off their bills for cash payment. What is his net gain percent?
A.	12%
B.	8%
C.	10%
D.	15%
Answer» C. 10%

Discussion

1797.	A, B, C enter into partnership. A invests 3 times as much as B invests and B invests 2/3 of what C invests. At the end of the year, the profit earned is Rs. 6600. What is the share of B?
A.	Rs. 1000
B.	Rs. 1200
C.	Rs. 1500
D.	Rs. 1800
Answer» C. Rs. 1500

Discussion

1798.	A shopkeeper professes to sell his goods at cost price but uses a 960 gm weight instead of 1 kilogram weight. What is the profit percentage of the shopkeeper?
A.	\(4\frac{1}{6}\)
B.	\(6\frac{1}{4}\)
C.	\(5\frac{1}{7}\)
D.	\(5\frac{1}{6}\)
Answer» B. \(6\frac{1}{4}\)

Discussion

1799.	A fruit seller bought 600 mangoes at 6 for Rs. 5 and sold at 5 for Rs. 6. Find the profit or loss percentage:
A.	Profit 44%
B.	Loss 44%
C.	Profit 22%
D.	Loss 22%
Answer» B. Loss 44%

Discussion

1800.	An article is sold for Rs. X. if it is sold at \(33\frac{1}{3}\)% of this price, there is a loss of 20%. What is the percentage profit when it is sold for Rs. X?
A.	140
B.	120
C.	125
D.	130
Answer» B. 120

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

If a shopkeeper cheats up to 25% in buying and selling fruit by using less weight, then his total profit percentage is:A. 55.25B. 56.25C. 56.75D. 56.5

A shopkeeper marks his goods at a price such that after giving a discount of 25%, he gains 20%. If the cost price of the article is Rs. 460, what is its marked price?

A person sold \(\frac 3 4\)th of his articles at a profit of 25% and the rest of his articles at a profit of 17%. The overall percentage of his profit is:

Cost price of an article is Rs. 5500. It was sold at a profit of 9.09%. If the article was sold at a discount of 20%, then what is the marked price (in Rs.) of the article?

A sold a car to B at a profit of 20%. B sold the car to C at a loss of 10%. If C pays Rs 432 for car, then for how much (in Rs) A bought the car?

If the ratio of the cost price and selling price of an article is 5 ∶ 3, then what will be the loss percentage?

A shopkeeper buys two books for 300. He sells the first book at a profit of 20% and the second book at a loss of 10% what is the selling price of the first book, if, in the whole transaction there is no profit no loss?

P started a business by investing Rs. 35000 and Q joined him after one year with an amount of Rs. 21,000. After two years from the starting of the business, they earned a profit of Rs. 26000. What will be P's share (in Rs.) of the profit?

A retailer marks up his goods by 150% and offers 40% discount. What will be the selling price (in Rs.) if the cost price is Rs. 800?

A man bought three articles for Rs. 3,000 each. He sold the articles respectively at 15% profit, 10% profit and 15% loss. The total percentage profit/loss he earned is

A person marks his goods 40% above the cost price. He sold 30% of goods at the marked price. 60% of the remaining at a discount of 20% and remaining at a 40% discount. What is his overall gain percent?

A sells a car to B at 10% loss. Then B sells it for Rs. 5,40,000 and gains 20%, the cost price of the car for A was∶

A shopkeeper sells a product in Rs. 2,367 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)

If a merchant offers a discount of 25% on the list price, then he makes a loss of 5%. What % profit or % loss will he make if he sells at a discount of 10% of the list price?

Neeraj purchased a few shirts for his shop at cost prices ranging from Rs. 400 to Rs. 550 and sold at prices ranging from Rs. 450 to Rs. 650. What is the maximum profit that might be made in selling 10 shirts?A. Rs. 2800B. Rs. 2500C. Rs. 2400D. Rs. 2000

A vegetable vendor bought some mangoes and sold \(33\frac{1}{3}\% \) of them at 22.5% profit, 25% at 25% loss and the rest at 3% loss. Its overall profit or loss is:

An article is sold for Rs.796.875, after allowing two successive discounts of 15% and 25%. The cost price of the article is Rs.1,000. If it is sold at the marked price, then what is the gain percentage?

By selling an article for Rs. 720, a man loses 10%. At what price should he sell it to gain 5%?

A retailer bought 22 kg of rice at Rs. 35 per kg and 13 kg of rice at Rs. 30 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs. 40 per kg? (correct to the nearest integer)

A shop keeper earns a profit of 20% on selling a book at a 16% discount on the printed price. The ratio of the cost price and the printed price is

A shop - keeper offers 30% discount on bags which have been marked 60% above the cost price. Rahul bought the bag for Rs. 672. What was the cost price (in Rs) of the bag?

A successive discount of 20% & 10% in equivalent to what single discount?

If selling price of a product is multiplied by 2, then the resultant profit is 6 times the original profit. What is the original profit percentage?

A man buys a fan for Rs 30 and sells it for Rs. 36. What is his gain percent?

Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What should be the respective profit sharing ratio of Ajay and Babu?

A trader marks his goods at 20% above cost price. If he allows a discount of 5% what is his final profit%.A. 12%B. 14%C. 15%D. 18%

A person purchased a vehicle for Rs. 5,90,828 and sold it for Rs. 6,52,920. What is the profit percent he earned on this vehicle (correct to two decimal places)?

Aman, Kamal and Ratan start a business. The ratio of their investments is 12 : 4 : 3. If at the end the ratio of their profits is 3 : 16 : 9, then what is the ratio of time period of their investment?

A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percent should he sell the remainder so as to gain 10% on the whole transaction?

At a clearance sale, all goods are on sale at 30% discount. If I pay Rs. 315 for an article, then its marked price is:

Mr. Piyush sold a bus for Rs. 3400 with a loss of 15%. At what price should the bus be sold to get a profit of 15%?A. 4500B. 4300C. 4700D. 4600

I sold an article for ₹8800 thus gained 10%. For what amount should sell it to get 15% profit?

A person sells a pen at 15% proﬁt. If he had bought it at 7% less price and sold it for Rs 250 more, then he would have gained 25%. What is the cost price (in Rs) of the pen?

If the price of apple increases from Rs. 80/kg to Rs. 100/kg, then by what percentage a person should decrease the consumption of apple so that his expenditure remains same?

By selling an article for Rs.72 there is a loss of 10%. In order to gain 5%, its selling price should be:

By selling 18 tables fans for Rs. 11,664 a man incurs a loss of 10% How many fans should he sell for Rs. 17,424 to earn 10% profit?

If the price of an article is decreased by 20%, then to restore its former value by what percent should the new price be increased?

A farmer buys a cow and a buffalo for Rs 45,000. He sold the cow at a profit of 20 percent and the buffalo at a loss of 20 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?

Ajay sold an article for Rs. 84 at a loss of 30%. If he sells same article at Rs. 120, then what will be his profit or loss percentage?

A shopkeeper marks the price of an article in such a way that after allowing a discount of 22% he gets a gain of 11% If the marked price is Rs. 888, then the cost price of the article is:

A shopkeeper marks his goods at 20% above the cost price. He sells three - fourth of the goods at the marked price and the remaining at 30% discount on the marked price. What is his gain/loss percentage?

A fan is listed at Rs.1500 and a Discount of 20% is offered on the list price. What additional Discount must be offered to the customer to bring the net price to Rs.1104.

Rajendra bought a mobile with 25% discount on the selling price. If the mobile cost him Rs. 4875, what is the original selling price of the mobile?

After allowing a discount of \(12^\frac{1}{2}\)% on the marked price of an article. it was sold for ₹700. Had the discount NOT been given, the profit would have been 60%.The cost price of the article is:

A tradesman’s charges are 20% over cost price, he allows his customer 10% off their bills for cash payment. What is his net gain percent?

A, B, C enter into partnership. A invests 3 times as much as B invests and B invests 2/3 of what C invests. At the end of the year, the profit earned is Rs. 6600. What is the share of B?

A shopkeeper professes to sell his goods at cost price but uses a 960 gm weight instead of 1 kilogram weight. What is the profit percentage of the shopkeeper?

A fruit seller bought 600 mangoes at 6 for Rs. 5 and sold at 5 for Rs. 6. Find the profit or loss percentage:

An article is sold for Rs. X. if it is sold at \(33\frac{1}{3}\)% of this price, there is a loss of 20%. What is the percentage profit when it is sold for Rs. X?