3305 + Mcqs in Profit And Loss Page 37 McqOptions

1801.	A used car dealer sells a car for Rs. 7.6 lakhs and makes some loss. If he had sold it for Rs. 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs. lakhs)?
A.	8.5
B.	8.75
C.	8.25
D.	8
Answer» E.

Discussion

1802.	An article has marked price of Rs 7200 and is available at a discount of 20%. The shopkeeper gives another discount to the buyer and sells the article for Rs 4896. What is the second discount (in %) offered?
A.	20
B.	12
C.	15
D.	10
Answer» D. 10

Discussion

1803.	If the cost price of 80 articles is equal to the selling price of 50 articles, what will be the profit percentage?
A.	25%
B.	40%
C.	60%
D.	37.5%
Answer» D. 37.5%

Discussion

1804.	A, B and C started a business by investing Rs. 55,000, Rs. 65,000 and Rs. 75,000 respectively. A is a working partner and gets 20% of the profit as working allowance and remaining is distributed in the proportion of their investment. If the money received by C is Rs. 27,000 what is the total profit?
A.	Rs. 87,750
B.	Rs. 85,500
C.	Rs. 76,850
D.	Rs. 70,200
Answer» B. Rs. 85,500

Discussion

1805.	In what ratio a man must mix rice at Rs. 12.60 per kg with rice at Rs. 17.10 per kg so as to make a mixture worth Rs. 14.40 per kg?
A.	8 : 7
B.	3 : 2
C.	3 : 4
D.	1 : 7
Answer» C. 3 : 4

Discussion

1806.	A shopkeeper sells two power banks for 2 960 each. On one he gains 20% and on the other he incurs a loss of 20%. What was his gain or loss in the overall transaction?
A.	4% gain
B.	5% loss
C.	4% loss
D.	5% gain
Answer» D. 5% gain

Discussion

1807.	B starts some business by investing Rs. 90000. After 4 months, D joins business by investing Rs. 80000. At the end of the year, in what ratio will they share the profit?
A.	10 : 7
B.	9 : 4
C.	27 : 16
D.	7 : 3
Answer» D. 7 : 3

Discussion

1808.	An article is purchased for Rs. 4200 and sold for Rs. 4830. What is the profit percentage?
A.	12
B.	10
C.	15
D.	18
Answer» D. 18

Discussion

1809.	Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?
A.	\(16\frac{2}{3}\)
B.	\(33\frac{1}{3}\)
C.	50
D.	100
Answer» E.

Discussion

1810.	Due to 25% fall in the rate of eggs, one can buy 2 dozen eggs more than before by investing Rs. 162. Then the original rate per dozen of the eggs is
A.	Rs. 22
B.	Rs. 24
C.	Rs. 27
D.	Rs. 30
Answer» D. Rs. 30

Discussion

1811.	A trader marks the cost of a car 24% above its price and allows a discount of 15%. If the discount is Rs. 2,23,200, then the cost price of the car is∶
A.	Rs. 11,60,000
B.	Rs. 15, 80 000
C.	Rs. 14,25,000
D.	Rs. 12,00,000
Answer» E.

Discussion

1812.	A retailer buys a sewing machine at a discount of 25% and sells it for Rs. 1,800. Thus, he makes a profit of 20% The discount is:
A.	Rs. 500
B.	Rs. 310
C.	Rs. 270
D.	Rs. 290
Answer» B. Rs. 310

Discussion

1813.	A shopkeeper earns a profit of 35% when he sells articles at a discount of 10%. What will be the profit percentage if he gives 20% discounts?
A.	20%
B.	17.5%
C.	25%
D.	15%
Answer» B. 17.5%

Discussion

1814.	A shopkeeper sold an article for Rs. 540 at some profit. Had he sold it for Rs. 470, then there would have been a loss equal to one-sixth of the initial profit. What was the cost price (in Rs.) of the article?
A.	525
B.	480
C.	505
D.	540
Answer» C. 505

Discussion

1815.	A shopkeeper has the selling price as 30% above the cost price. Due to sudden increase in demand he increases it further by 40% on the marked selling price. His new profit percentage is.
A.	70%
B.	40%
C.	82%
D.	none of the above
Answer» D. none of the above

Discussion

1816.	M sold a printer to N at a profit of 10%, and N sold it to P at a profit of 4%. If P paid Rs. 14,300, what was the cost price to M?
A.	Rs. 12,500
B.	Rs.12,355
C.	Rs. 12,300
D.	Rs. 12,480
Answer» B. Rs.12,355

Discussion

1817.	If the ratio of the cost price and selling price of an article is 5 : 6, then what will be the proﬁt percentage?
A.	10
B.	12
C.	15
D.	20
Answer» E.

Discussion

1818.	Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?
A.	6%
B.	7.14%
C.	10%
D.	2.85%
Answer» D. 2.85%

Discussion

1819.	A, B and C started a business. Twice the investment of A is equal to thrice the investment of B and also five times the investment of C. If the total profit after a year is Rs. 15.5 lakhs, then the share of B in the profit is (in Rs. lakhs):
A.	5
B.	7.5
C.	4.5
D.	3
Answer» B. 7.5

Discussion

1820.	A sold a toy T.V. to B at a profit of 10%. B sold the T.V. to C at a profit of 20%. If C pays Rs. 264 for T.V., then for how much (in Rs.) A bought theT.V.?
A.	250
B.	200
C.	300
D.	320
Answer» C. 300

Discussion

1821.	In what ratio should coffee powder costing Rs. 2500/kg be mixed with coffee powder costing Rs. 1500/kg so that the cost of the mixture is Rs. 2250/kg?
A.	1 : 4
B.	4 : 1
C.	3 : 1
D.	1 : 3
Answer» D. 1 : 3

Discussion

1822.	If cost price of an article is ₹ 928 and profit % is 15%, then what will be the net profit?
A.	₹ 154.50
B.	₹ 139.20
C.	₹ 212
D.	₹ 168.40
Answer» C. ₹ 212

Discussion

1823.	A sum (in Rs.) is distributed between A, B and C in the ratio 9 : 6 : 11. If A gives Rs. 500 from his share to C, the ratio of shares of A, B and C becomes 4 : 3 : 6. What is the sum of shares (in Rs.) of B and C, in the beginning?
A.	Rs. 9,100
B.	Rs. 8,500
C.	Rs. 7,500
D.	Rs. 7,800
Answer» C. Rs. 7,500

Discussion

1824.	If the rice is sold at Rs. 56 per kg, there would be a 40% loss. To earn a proﬁt of 20% what should be the price of rice (per kg)?
A.	112
B.	108
C.	116
D.	124
Answer» B. 108

Discussion

1825.	A person sold an article for Rs. 75 which cost him Rs. x. He finds that he realised x% profit on his outlay. What is x equal to ?
A.	20%
B.	25%
C.	50%
D.	100%
Answer» D. 100%

Discussion

1826.	After two successive discounts of 20% and 35%, an article is sold for Rs. 50700. What is the marked price (in Rs.) of the article?
A.	92500
B.	98500
C.	97500
D.	94000
Answer» D. 94000

Discussion

1827.	49 Kg of blended tea contains Assam and Darjeeling tea in the ratio 5 : 2. Then the quantity of Darjeeling tea is to be added to the mixture to make the ratio of Assam to Darjeeling tea 2 : 1 is:
A.	4.5 kg
B.	3.5 kg
C.	5 kg
D.	6 kg
Answer» C. 5 kg

Discussion

1828.	A shopkeeper sells an item at a discount of 40% on the item’s listed price of Rs.1500. He still makes a profit of 20% on the original cost of the item. What is the original cost of the item?
A.	Rs.500
B.	Rs.750
C.	Rs.600
D.	Rs.1080
Answer» C. Rs.600

Discussion

1829.	By selling two items each for Rs. 990, a merchant gets a profit of 10% on one and a loss of 10% on the other. The result to the merchant in this transaction is:
A.	Loss of 1%
B.	Profit of 1%
C.	No loss and no gain
D.	2% loss
Answer» B. Profit of 1%

Discussion

1830.	A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 4158, what had it cost (in Rs) to the wholesaler?
A.	3500
B.	3400
C.	3300
D.	3600
Answer» E.

Discussion

1831.	A shop keeper reduces the selling price of an article by 39, a gain of 10% turns in to a loss of 3%, then the original price of the article is?
A.	₹350
B.	₹300
C.	₹250
D.	₹200
Answer» C. ₹250

Discussion

1832.	Rahul purchased 80 items from the market. 25% items of the total items were defective and the remaining items were sold at 50% profit. What will be the overall profit percentage?
A.	10%
B.	12.5%
C.	11.11%
D.	9.09%
Answer» C. 11.11%

Discussion

1833.	A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is Rs. 224, then the cost price of the article is:
A.	Rs. 168
B.	Rs. 120
C.	Rs. 144
D.	Rs. 196
Answer» D. Rs. 196

Discussion

1834.	By selling an item for Rs. 25, a shopkeeper losses as much percent as the cost price of the item. The cost price of the item is
A.	Rs. 60
B.	Rs. 45
C.	Rs. 55
D.	Rs. 50
Answer» E.

Discussion

1835.	A man bought apples at Rs. 25 for 10 and sold them at Rs. 25 per dozen. Find his gain or loss percent.
A.	\(4 \frac{2}{3}\)%
B.	\(16 \frac{2}{3}\)%
C.	\(2 \frac{2}{3}\)%
D.	\(8 \frac{2}{3}\)%
Answer» C. \(2 \frac{2}{3}\)%

Discussion

1836.	A shopkeeper allows 20% discount on his advertised price and made a profit of 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
A.	36000
B.	37500
C.	39000
D.	42500
Answer» C. 39000

Discussion

1837.	A, B and C together invests Rs. 53,000 in a business. A invests Rs. 5,000 more than B and B invests Rs. 6,000 more than C. Out of a total profit of Rs. 31,800, find the share of A.
A.	Rs. 12,500
B.	Rs. 13,800
C.	Rs. 12,80
D.	Rs. 13,500
Answer» C. Rs. 12,80

Discussion

1838.	A watch worth Rs 5400 is offered for sale at Rs 4500 What percent discount is offered during the sale ?
A.	(50/3)%
B.	(49/3)%
C.	(25/3)%
D.	34/3)%
Answer» B. (49/3)%

Discussion

1839.	At what percentage above the cost price must a shopkeeper mark his goods so that he gains 30% even after giving a discount of 15% on the marked price?
A.	\(52\frac{{16}}{{17}}\%\)
B.	77%
C.	53%
D.	\(77\frac{1}{2}\%\)
Answer» B. 77%

Discussion

1840.	A person buys a certain number of oranges at Rs. 84 a dozen and two times of it at Rs. 72 a dozen. He sells all the oranges at Rs. 90 a dozen and makes a profit of Rs. 1680. How many oranges does he buy?
A.	1584
B.	1530
C.	1440
D.	1476
Answer» D. 1476

Discussion

1841.	A farmer buys a goat and a sheep for Rs. 3500. He sold the sheep at a profit of 20 percent and the goat at a loss of 10 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?
A.	2000
B.	1500
C.	1750
D.	2250
Answer» C. 1750

Discussion

1842.	P and Q started a business by investing Rs. 50000 and Rs. 40000 respectively. After 4 months, P withdraws Rs. 20000 while Q invests Rs. 70000 more after 6 months of starting the business. At the end of the year P’s share in the profit is Rs. 11000. What will be the total profit (in Rs.) at the end of year?
A.	33500
B.	22500
C.	42800
D.	38800
Answer» B. 22500

Discussion

1843.	In a certain store, the profit is 320% of the cost, If the cost increase by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?
A.	70%
B.	80%
C.	250%
D.	50%
Answer» B. 80%

Discussion

1844.	A trader buys 60 bags of grain at Rs. 400 each. If he sells 18 bags at 8% profit, at what price should he sell the remaining bags to make 16.4% overall profit on selling the 60 bags?
A.	Rs. 480
B.	Rs. 500
C.	Rs. 540
D.	Rs. 520
Answer» B. Rs. 500

Discussion

1845.	A shopkeeper bought 600 kg of rice at Rs 24/kg as packs of 3 kg. But he dishonestly only packs 2.5 kg/packs. He knows 10% of the customers (each customer buys only 1 pack) will find out. For those customers he needs to sell the pack at the selling price of 1 kg. He wishes to make an overall profit of 30%. What should be the selling price per pack? (in rupees and approximated to nearest integer)
A.	80
B.	81
C.	82
D.	83
E.	84
Answer» E. 84

Discussion

1846.	Rakesh had money to buy 8 mobile handsets of a specific company. But the retailer offered very good discount on that particular handset. Rakesh could buy 10 mobile handsets with the amount he had. What was the discount the retailer offered ?
A.	15%
B.	20%
C.	25%
D.	30%
Answer» C. 25%

Discussion

1847.	1 bar of chocolate costs Rs. 80 but a box containing 6 bars of the same chocolate costs Rs. 400. What is the effective discount (in %) on the box?
A.	20
B.	16.67
C.	25
D.	15
Answer» C. 25

Discussion

1848.	If the cost price of 25 chairs is equal the selling price of 30 chairs, then the loss % is:
A.	20%
B.	25%
C.	16.66%
D.	5%
Answer» D. 5%

Discussion

1849.	P, Q, and R invest Rs. 14000, Rs. 18000 and Rs. 24000 respectively to start a business. If the profit at the end of the year is Rs. 25480, then what is the difference between the profit share of P and Q?
A.	Rs. 2670
B.	Rs. 3480
C.	Rs. 1820
D.	Rs. 2140
Answer» D. Rs. 2140

Discussion

1850.	A reduction of 20% in the price of mangoes enables a person to purchase 12 more mangoes for Rs. 15. What was the price of 16 mangoes in rupees before reduction?
A.	5
B.	6
C.	7
D.	9
Answer» B. 6

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A used car dealer sells a car for Rs. 7.6 lakhs and makes some loss. If he had sold it for Rs. 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs. lakhs)?

An article has marked price of Rs 7200 and is available at a discount of 20%. The shopkeeper gives another discount to the buyer and sells the article for Rs 4896. What is the second discount (in %) offered?

If the cost price of 80 articles is equal to the selling price of 50 articles, what will be the profit percentage?

In what ratio a man must mix rice at Rs. 12.60 per kg with rice at Rs. 17.10 per kg so as to make a mixture worth Rs. 14.40 per kg?

A shopkeeper sells two power banks for 2 960 each. On one he gains 20% and on the other he incurs a loss of 20%. What was his gain or loss in the overall transaction?

B starts some business by investing Rs. 90000. After 4 months, D joins business by investing Rs. 80000. At the end of the year, in what ratio will they share the profit?

An article is purchased for Rs. 4200 and sold for Rs. 4830. What is the profit percentage?

Profit obtained on selling an article for Rs. 540 is equal to the loss incurred on selling the article for Rs. 370. If selling price is Rs. 910, then what is the profit percentage?

Due to 25% fall in the rate of eggs, one can buy 2 dozen eggs more than before by investing Rs. 162. Then the original rate per dozen of the eggs is

A trader marks the cost of a car 24% above its price and allows a discount of 15%. If the discount is Rs. 2,23,200, then the cost price of the car is∶

A retailer buys a sewing machine at a discount of 25% and sells it for Rs. 1,800. Thus, he makes a profit of 20% The discount is:

A shopkeeper earns a profit of 35% when he sells articles at a discount of 10%. What will be the profit percentage if he gives 20% discounts?

A shopkeeper sold an article for Rs. 540 at some profit. Had he sold it for Rs. 470, then there would have been a loss equal to one-sixth of the initial profit. What was the cost price (in Rs.) of the article?

A shopkeeper has the selling price as 30% above the cost price. Due to sudden increase in demand he increases it further by 40% on the marked selling price. His new profit percentage is.

M sold a printer to N at a profit of 10%, and N sold it to P at a profit of 4%. If P paid Rs. 14,300, what was the cost price to M?

If the ratio of the cost price and selling price of an article is 5 : 6, then what will be the proﬁt percentage?

Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?

A, B and C started a business. Twice the investment of A is equal to thrice the investment of B and also five times the investment of C. If the total profit after a year is Rs. 15.5 lakhs, then the share of B in the profit is (in Rs. lakhs):

A sold a toy T.V. to B at a profit of 10%. B sold the T.V. to C at a profit of 20%. If C pays Rs. 264 for T.V., then for how much (in Rs.) A bought theT.V.?

In what ratio should coffee powder costing Rs. 2500/kg be mixed with coffee powder costing Rs. 1500/kg so that the cost of the mixture is Rs. 2250/kg?

If cost price of an article is ₹ 928 and profit % is 15%, then what will be the net profit?

A sum (in Rs.) is distributed between A, B and C in the ratio 9 : 6 : 11. If A gives Rs. 500 from his share to C, the ratio of shares of A, B and C becomes 4 : 3 : 6. What is the sum of shares (in Rs.) of B and C, in the beginning?

If the rice is sold at Rs. 56 per kg, there would be a 40% loss. To earn a proﬁt of 20% what should be the price of rice (per kg)?

A person sold an article for Rs. 75 which cost him Rs. x. He finds that he realised x% profit on his outlay. What is x equal to ?

After two successive discounts of 20% and 35%, an article is sold for Rs. 50700. What is the marked price (in Rs.) of the article?

49 Kg of blended tea contains Assam and Darjeeling tea in the ratio 5 : 2. Then the quantity of Darjeeling tea is to be added to the mixture to make the ratio of Assam to Darjeeling tea 2 : 1 is:

A shopkeeper sells an item at a discount of 40% on the item’s listed price of Rs.1500. He still makes a profit of 20% on the original cost of the item. What is the original cost of the item?

By selling two items each for Rs. 990, a merchant gets a profit of 10% on one and a loss of 10% on the other. The result to the merchant in this transaction is:

A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays Rs. 4158, what had it cost (in Rs) to the wholesaler?

A shop keeper reduces the selling price of an article by 39, a gain of 10% turns in to a loss of 3%, then the original price of the article is?

Rahul purchased 80 items from the market. 25% items of the total items were defective and the remaining items were sold at 50% profit. What will be the overall profit percentage?

A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is Rs. 224, then the cost price of the article is:

By selling an item for Rs. 25, a shopkeeper losses as much percent as the cost price of the item. The cost price of the item is

A man bought apples at Rs. 25 for 10 and sold them at Rs. 25 per dozen. Find his gain or loss percent.

A shopkeeper allows 20% discount on his advertised price and made a profit of 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?

A, B and C together invests Rs. 53,000 in a business. A invests Rs. 5,000 more than B and B invests Rs. 6,000 more than C. Out of a total profit of Rs. 31,800, find the share of A.

A watch worth Rs 5400 is offered for sale at Rs 4500 What percent discount is offered during the sale ?

At what percentage above the cost price must a shopkeeper mark his goods so that he gains 30% even after giving a discount of 15% on the marked price?

A person buys a certain number of oranges at Rs. 84 a dozen and two times of it at Rs. 72 a dozen. He sells all the oranges at Rs. 90 a dozen and makes a profit of Rs. 1680. How many oranges does he buy?

A farmer buys a goat and a sheep for Rs. 3500. He sold the sheep at a profit of 20 percent and the goat at a loss of 10 percent. If he sold both the animals at the same price, then the cost price (in Rs) of the cheaper animal was?

In a certain store, the profit is 320% of the cost, If the cost increase by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?

A trader buys 60 bags of grain at Rs. 400 each. If he sells 18 bags at 8% profit, at what price should he sell the remaining bags to make 16.4% overall profit on selling the 60 bags?

Rakesh had money to buy 8 mobile handsets of a specific company. But the retailer offered very good discount on that particular handset. Rakesh could buy 10 mobile handsets with the amount he had. What was the discount the retailer offered ?

1 bar of chocolate costs Rs. 80 but a box containing 6 bars of the same chocolate costs Rs. 400. What is the effective discount (in %) on the box?

If the cost price of 25 chairs is equal the selling price of 30 chairs, then the loss % is:

P, Q, and R invest Rs. 14000, Rs. 18000 and Rs. 24000 respectively to start a business. If the profit at the end of the year is Rs. 25480, then what is the difference between the profit share of P and Q?

A reduction of 20% in the price of mangoes enables a person to purchase 12 more mangoes for Rs. 15. What was the price of 16 mangoes in rupees before reduction?