3305 + Mcqs in Profit And Loss Page 38 McqOptions

1851.	A manufacturer sells cooking gas stoves to shopkeepers at 10% profit, and in turn, they sell the cooking gas stoves to the customer to earn a 15% profit. If a customer gets a cooking gas stove for Rs. 7,590, then what is the manufacturing cost?
A.	Rs. 6,000
B.	Rs. 6,500
C.	Rs. 5,000
D.	Rs. 5,090
Answer» B. Rs. 6,500

Discussion

1852.	If a person sells 2 horses at Sonpur fair for Rs. 14,000 each, on one he gains 15% but he sells the other for 15% loss. Accordingly how much profit / loss did he have in the entire trade?
A.	No gain or loss
B.	1% gain
C.	1% loss
D.	2.25% loss
Answer» E.

Discussion

1853.	A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. What is the trader’s cost price of the sofa set?
A.	Rs. 3600
B.	Rs. 3800
C.	Rs. 4000
D.	Rs. 4200
Answer» D. Rs. 4200

Discussion

1854.	A Rs. 750 tin of cheese is offered at 8% discount and a Rs. 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?
A.	12
B.	15
C.	14
D.	16
Answer» D. 16

Discussion

1855.	A shopkeeper cheats to the extent of 11% while buying and selling fruits, by using tampered weights. His total gain in percentage is.A. 23.25B. 23.21C. 23.75C. 23.5
A.	D
B.	C
C.	A
D.	B
Answer» E.

Discussion

1856.	Kanchan bought a clock with 25% discount on marked price. She sold it with 75% gain on the price she bought. What was her profit percentage on the marked price?
A.	31.25
B.	50
C.	56.25
D.	60
Answer» B. 50

Discussion

1857.	If a trader decides to sell ground nut oil at Rs. 120/litre he faces a loss of 10%. Now if he decides to sell it at Rs. 160/litre, what will be the approximate profit (in %)?
A.	30
B.	20
C.	10
D.	25
Answer» C. 10

Discussion

1858.	Mohan purchased an article at a discount of 30% and sold it to Shyam at 20% profit. What is the ratio between the marked price and the price for which Shyam purchased the article?
A.	25 ∶ 21
B.	20 ∶ 17
C.	12 ∶ 11
D.	4 ∶ 1
Answer» B. 20 ∶ 17

Discussion

1859.	Oranges are purchased at the rate of 7 oranges for ₹3. At what price one hundred oranges should be sold so that the profit is 33% ?
A.	₹58
B.	₹57
C.	₹60
D.	₹56
Answer» C. ₹60

Discussion

1860.	Kavita buys an old scooter for Rs. 4,900 and spends Rs. 1,100 on its repair. If she sells the scooter for Rs. 9,000, then her gain percentage is:
A.	72%
B.	60%
C.	50%
D.	40%
Answer» D. 40%

Discussion

1861.	If a trader marks the price of articles 60% more than their cost price and allows a discount of 30%, then what is his gain percent?
A.	12
B.	15
C.	10
D.	20
Answer» B. 15

Discussion

1862.	By selling a table for Rs 2700 a man gets 10% loss, and then at what price ( in Rs.) should he sell to gain 33(1/3)%?
A.	3000
B.	3300
C.	3600
D.	4000
Answer» E.

Discussion

1863.	John buys four old tractors for Rs 2 lakh. He spent a total of 3 lakhs in the maintenance and repair of these four tractors. If he already sells one tractor out of four tractors for Rs. 1 lakh, then what is the average selling price of the remaining 3 tractors to get 40% total profit?A. ₹ 1.5 lakhB. ₹ 1.2 lakhC. ₹ 2 lakhD. ₹ 2.3 lakh
A.	A
B.	B
C.	D
D.	C
Answer» E.

Discussion

1864.	A shopkeeper marks his goods at 32% above the cost price. He sells three-fifth of the goods at the marked price, one-fifth at a discount of 20% on the market price, and the remaining at 40% discount on the marked price. What is his profit/loss percentage?
A.	Loss 15.17%
B.	Loss 17.16%
C.	Profit 18.17%
D.	Profit 16.16%
Answer» E.

Discussion

1865.	A invests Rs. 100000 in a business. Four months later B joins with an investment of Rs. 50000. 2 months after B joins, C joins with Rs. 150000 investment. At the end of the year, the profit was Rs. 50000. What is B's share in the profit?
A.	Rs. 24000
B.	Rs. 8000
C.	Rs. 18000
D.	Rs. 10000
Answer» C. Rs. 18000

Discussion

1866.	An article is listed at Rs. 7,600 and the discount offered for the unit is 10%. What additional discount must be given to bring the net selling price to Rs. 5,814?
A.	15%
B.	12%
C.	8%
D.	10%
Answer» B. 12%

Discussion

1867.	Manu sold a watch for Rs. 1454.64 per watch and made a profit of 16%. Find the cost price of one dozen watches?
A.	1254.00
B.	1362.36
C.	15048.00
D.	16348.32
Answer» D. 16348.32

Discussion

1868.	On selling rice for Rs. 45 per kg. a shopkeeper bears loss of 20%. To earn a profit of 20%, the selling price should be.A. Rs. 67.50B. Rs. 65C. Rs. 70D. Rs. 60
A.	B
B.	D
C.	A
D.	C
Answer» D. C

Discussion

1869.	A trader marked up his articles 25% more than the cost price. If he offered a discount of 10%, then what will be his profit percentage?
A.	25%
B.	10%
C.	37.5%
D.	12.5%
Answer» E.

Discussion

1870.	If a person loses 20% on selling price, then what percentage of loss will be made on the cost price?
A.	20%
B.	25%
C.	\(\frac{40}{3}\)%
D.	\(\frac{50}{3}\)%
Answer» E.

Discussion

1871.	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 60% of his overall gain percent?
A.	7.54%
B.	13.15%
C.	17.14%
D.	15.18%
Answer» B. 13.15%

Discussion

1872.	If selling price of 20 articles is equal to cost price of 25 articles, the loss or gain percent is :
A.	20% gain
B.	25% loss
C.	20% loss
D.	25% gain
Answer» E.

Discussion

1873.	A shopkeeper marks up his wares by 60% and offers 25% discount. What will be the selling price (in Rs) if the cost price is Rs. 1600?
A.	1920
B.	2000
C.	2120
D.	2200
Answer» B. 2000

Discussion

1874.	A shopkeeper announced a 30% discount on the marked price of an item. A person bought the item from the shop for Rs. 21,000 after getting the discount, and sold the item to a customer in such a way that he earned a profit of 32% on the marked price. What is the profit (in Rs.) the person earned by selling the item?
A.	9,600
B.	21,600
C.	18,600
D.	10,000
Answer» D. 10,000

Discussion

1875.	A shopkeeper marks up his wares by 125% and offers 25% discount. What will be the selling price if the cost price (in Rs) is Rs. 640?
A.	1080
B.	1000
C.	920
D.	860
Answer» B. 1000

Discussion

1876.	Junko sold an item for Rs. 220 at a loss of 12%. By how much should she have raised the selling price above the cost price to make a profit of 10%?
A.	Rs. 25
B.	Rs. 55
C.	Rs. 44
D.	Rs. 48.40
Answer» B. Rs. 55

Discussion

1877.	A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x -y) / p equals
A.	0.7
B.	1
C.	0.50
D.	1.2
Answer» C. 0.50

Discussion

1878.	By selling a used phone for Rs. 7,260, Sanjan got 34% less than what it cost him to buy it a few years ago. At what price should Sanjan have sold the phone to gain a profit of 5%?
A.	Rs. 11,460
B.	Rs. 11,550
C.	Rs. 11,440
D.	Rs. 11,560
Answer» C. Rs. 11,440

Discussion

1879.	A vendor offers 15% discount on an article with a marked price of Rs. 3000. If he still earns a profit of Rs. 400, what is the cost price of the article?
A.	Rs. 2100
B.	Rs. 2050
C.	Rs. 2200
D.	Rs. 2150
Answer» E.

Discussion

1880.	A person marked his goods at a price that would give him 40% profit. But he declared a sale and allowed 20% discount on the marked price. What is the profit percentage of the person in the whole transaction?
A.	20%
B.	30%
C.	32%
D.	12%
Answer» E.

Discussion

1881.	An article has marked price of Rs. 7600 and is available at a discount of 15%. The shopkeeper gives another discount to the buyer and sells the article for Rs. 5814. What is the second discount (in %) offered?
A.	20
B.	10
C.	12.5
D.	15
Answer» C. 12.5

Discussion

1882.	By selling a silver necklace for Rs 657, a jeweler loses \(8\frac{3}{4}\)%. For how much did he purchase it?
A.	720
B.	620
C.	520
D.	420
Answer» B. 620

Discussion

1883.	Malti bought a TV for Rs. 8,800 including GST at 10%. What is the original cost of the TV ?
A.	Rs. 8,800
B.	Rs. 8,000
C.	Rs. 7,920
D.	Rs. 9,600
Answer» C. Rs. 7,920

Discussion

1884.	Raj Kumar sold 2 calculators for Rs. 990 each. On one calculator he gained 10% and on the other he lost 10%. Find his gain or loss in the transaction.
A.	No loss-no gain
B.	1% gain
C.	1% loss
D.	5% loss
Answer» D. 5% loss

Discussion

1885.	An article was marked at Rs. x and sold at a discount of (x - 40)%. If the customer paid Rs. (x - 32), then find the marked priced of the article
A.	Rs. 75
B.	Rs. 50
C.	Rs. 60
D.	Rs. 80
Answer» E.

Discussion

1886.	Mr. Krishan purchased a flat for Rs. 9,25,000 and spent Rs. 35000 on its renovation. If he sold the flat for Rs. 10,80,000, then the percentage of his profit is:
A.	15%
B.	17.5%
C.	20%
D.	12.5%
Answer» E.

Discussion

1887.	If a website is selling smartphone at Rs. 18,000 which is marked at Rs. 25,000, then what is the discount (in %) at which the smartphone is being sold?
A.	25
B.	22
C.	28
D.	20
Answer» D. 20

Discussion

1888.	A, B and C enter into a partnership with capitals in the ratio 2/3 : 3/5 : 5/6. After 8 months, A increases his share of capital by 25%. If at the end of the year, the total profit earned is Rs. 5,820, then the share of C in the profit is:
A.	Rs. 2,050
B.	Rs. 2,250
C.	Rs. 2,350
D.	Rs. 2,450
Answer» C. Rs. 2,350

Discussion

1889.	A watch is sold at 16% profit. If this watch is bought at 10% less price and sold at a lower price of Rs. 14, then there is a profit of 25%. Find the cost price of a watch?
A.	Rs. 400
B.	Rs. 380
C.	Rs. 420
D.	Rs. 360
Answer» B. Rs. 380

Discussion

1890.	If a shopkeeper sells an item at Rs. 2,700, he makes 8% profit. If he sells the item at Rs. 3,000 what will be the percentage of profit?
A.	12
B.	20
C.	10
D.	25
Answer» C. 10

Discussion

1891.	A invested Rs. x and B invested Rs. (x + 800) in a business. After an year, the profit earned from the business is Rs. 6800. If A’s share in the profit is Rs.3200, then find the value of x.
A.	Rs. 6000
B.	Rs. 6400
C.	Rs. 6600
D.	Rs. 5800
E.	Rs. 5400
Answer» C. Rs. 6600

Discussion

1892.	Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit%.A. 20%B. 33%C. 25%D. 12.5%
A.	B
B.	A
C.	D
D.	C
Answer» E.

Discussion

1893.	If the cost price of 18 pens is equal to the selling price of 12 pens, what is the gain percent?
A.	12.5%
B.	22.5%
C.	50%
D.	36%
Answer» D. 36%

Discussion

1894.	A person purchased 40 items at some price. He sold some items at a profit of 30% by selling them at a price equal to the cost price of 26 items. The remaining items are sold at 18% profit. The total profit percentage is:
A.	24%
B.	25%
C.	28%
D.	27%
Answer» B. 25%

Discussion

1895.	A profit of 20% is made after giving a discount of 16% on an article. If the marked price of the article is Rs. 2700, then what is its cost price (in Rs.)?
A.	2000
B.	1850
C.	2100
D.	1890
Answer» E.

Discussion

1896.	An article marked at Rs.560 is sold at 20% discount. If there is a profit of 40%, then what is the cost price (in Rs) of the article?
A.	320
B.	400
C.	350
D.	280
Answer» B. 400

Discussion

1897.	By selling an item for Rs. 434, Ramesh makes a profit of 24%. What was the rate at which Ramesh purchased pen?
A.	Rs. 350
B.	Rs. 360
C.	Rs. 340
D.	Rs. 375
Answer» B. Rs. 360

Discussion

1898.	After offering a discount of 20% on an article, a trader earned a profit of 20%. If the cost price is Rs. 300, then what will be the selling price of the article after offering a discount of 25%?
A.	Rs. 337.5
B.	Rs. 432.5
C.	Rs. 352.5
D.	Rs. 375.5
Answer» B. Rs. 432.5

Discussion

1899.	A dishonest dealer claimed he sells rice at a loss of 5%, but he used faulty weights and weighs 20% less rice. Calculate his overall loss or gain%.
A.	17.5%
B.	19%
C.	18.75%
D.	20%
Answer» D. 20%

Discussion

1900.	A shopkeeper purchased a stereo system of marked price Rs. 2000, at successive discounts of 10% & 15% respectively. He then spent Rs. 70 on the packaging and sold it at Rs. 2000. Calculate the gain percentage.A) No GainB) 25%C) 30%D) 35%
A.	A
B.	D
C.	B
D.	C
Answer» D. C

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A manufacturer sells cooking gas stoves to shopkeepers at 10% profit, and in turn, they sell the cooking gas stoves to the customer to earn a 15% profit. If a customer gets a cooking gas stove for Rs. 7,590, then what is the manufacturing cost?

If a person sells 2 horses at Sonpur fair for Rs. 14,000 each, on one he gains 15% but he sells the other for 15% loss. Accordingly how much profit / loss did he have in the entire trade?

A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. What is the trader’s cost price of the sofa set?

A Rs. 750 tin of cheese is offered at 8% discount and a Rs. 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?

A shopkeeper cheats to the extent of 11% while buying and selling fruits, by using tampered weights. His total gain in percentage is.A. 23.25B. 23.21C. 23.75C. 23.5

Kanchan bought a clock with 25% discount on marked price. She sold it with 75% gain on the price she bought. What was her profit percentage on the marked price?

If a trader decides to sell ground nut oil at Rs. 120/litre he faces a loss of 10%. Now if he decides to sell it at Rs. 160/litre, what will be the approximate profit (in %)?

Mohan purchased an article at a discount of 30% and sold it to Shyam at 20% profit. What is the ratio between the marked price and the price for which Shyam purchased the article?

Oranges are purchased at the rate of 7 oranges for ₹3. At what price one hundred oranges should be sold so that the profit is 33% ?

Kavita buys an old scooter for Rs. 4,900 and spends Rs. 1,100 on its repair. If she sells the scooter for Rs. 9,000, then her gain percentage is:

If a trader marks the price of articles 60% more than their cost price and allows a discount of 30%, then what is his gain percent?

By selling a table for Rs 2700 a man gets 10% loss, and then at what price ( in Rs.) should he sell to gain 33(1/3)%?

A shopkeeper marks his goods at 32% above the cost price. He sells three-fifth of the goods at the marked price, one-fifth at a discount of 20% on the market price, and the remaining at 40% discount on the marked price. What is his profit/loss percentage?

A invests Rs. 100000 in a business. Four months later B joins with an investment of Rs. 50000. 2 months after B joins, C joins with Rs. 150000 investment. At the end of the year, the profit was Rs. 50000. What is B's share in the profit?

An article is listed at Rs. 7,600 and the discount offered for the unit is 10%. What additional discount must be given to bring the net selling price to Rs. 5,814?

Manu sold a watch for Rs. 1454.64 per watch and made a profit of 16%. Find the cost price of one dozen watches?

On selling rice for Rs. 45 per kg. a shopkeeper bears loss of 20%. To earn a profit of 20%, the selling price should be.A. Rs. 67.50B. Rs. 65C. Rs. 70D. Rs. 60

A trader marked up his articles 25% more than the cost price. If he offered a discount of 10%, then what will be his profit percentage?

If a person loses 20% on selling price, then what percentage of loss will be made on the cost price?

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 60% of his overall gain percent?

If selling price of 20 articles is equal to cost price of 25 articles, the loss or gain percent is :

A shopkeeper marks up his wares by 60% and offers 25% discount. What will be the selling price (in Rs) if the cost price is Rs. 1600?

A shopkeeper marks up his wares by 125% and offers 25% discount. What will be the selling price if the cost price (in Rs) is Rs. 640?

Junko sold an item for Rs. 220 at a loss of 12%. By how much should she have raised the selling price above the cost price to make a profit of 10%?

By selling a used phone for Rs. 7,260, Sanjan got 34% less than what it cost him to buy it a few years ago. At what price should Sanjan have sold the phone to gain a profit of 5%?

A vendor offers 15% discount on an article with a marked price of Rs. 3000. If he still earns a profit of Rs. 400, what is the cost price of the article?

A person marked his goods at a price that would give him 40% profit. But he declared a sale and allowed 20% discount on the marked price. What is the profit percentage of the person in the whole transaction?

An article has marked price of Rs. 7600 and is available at a discount of 15%. The shopkeeper gives another discount to the buyer and sells the article for Rs. 5814. What is the second discount (in %) offered?

By selling a silver necklace for Rs 657, a jeweler loses \(8\frac{3}{4}\)%. For how much did he purchase it?

Malti bought a TV for Rs. 8,800 including GST at 10%. What is the original cost of the TV ?

Raj Kumar sold 2 calculators for Rs. 990 each. On one calculator he gained 10% and on the other he lost 10%. Find his gain or loss in the transaction.

An article was marked at Rs. x and sold at a discount of (x - 40)%. If the customer paid Rs. (x - 32), then find the marked priced of the article

Mr. Krishan purchased a flat for Rs. 9,25,000 and spent Rs. 35000 on its renovation. If he sold the flat for Rs. 10,80,000, then the percentage of his profit is:

If a website is selling smartphone at Rs. 18,000 which is marked at Rs. 25,000, then what is the discount (in %) at which the smartphone is being sold?

A, B and C enter into a partnership with capitals in the ratio 2/3 : 3/5 : 5/6. After 8 months, A increases his share of capital by 25%. If at the end of the year, the total profit earned is Rs. 5,820, then the share of C in the profit is:

A watch is sold at 16% profit. If this watch is bought at 10% less price and sold at a lower price of Rs. 14, then there is a profit of 25%. Find the cost price of a watch?

If a shopkeeper sells an item at Rs. 2,700, he makes 8% profit. If he sells the item at Rs. 3,000 what will be the percentage of profit?

A invested Rs. x and B invested Rs. (x + 800) in a business. After an year, the profit earned from the business is Rs. 6800. If A’s share in the profit is Rs.3200, then find the value of x.

Cost price of 25 chairs equals the selling price of 20 chairs. Find the profit%.A. 20%B. 33%C. 25%D. 12.5%

If the cost price of 18 pens is equal to the selling price of 12 pens, what is the gain percent?

A person purchased 40 items at some price. He sold some items at a profit of 30% by selling them at a price equal to the cost price of 26 items. The remaining items are sold at 18% profit. The total profit percentage is:

A profit of 20% is made after giving a discount of 16% on an article. If the marked price of the article is Rs. 2700, then what is its cost price (in Rs.)?

An article marked at Rs.560 is sold at 20% discount. If there is a profit of 40%, then what is the cost price (in Rs) of the article?

By selling an item for Rs. 434, Ramesh makes a profit of 24%. What was the rate at which Ramesh purchased pen?

After offering a discount of 20% on an article, a trader earned a profit of 20%. If the cost price is Rs. 300, then what will be the selling price of the article after offering a discount of 25%?

A dishonest dealer claimed he sells rice at a loss of 5%, but he used faulty weights and weighs 20% less rice. Calculate his overall loss or gain%.

A shopkeeper purchased a stereo system of marked price Rs. 2000, at successive discounts of 10% & 15% respectively. He then spent Rs. 70 on the packaging and sold it at Rs. 2000. Calculate the gain percentage.A) No GainB) 25%C) 30%D) 35%