3305 + Mcqs in Profit And Loss Page 39 McqOptions

1901.	A watch was sold at a profit of 10%. Had it been sold at Rs. 77 more the profit percent would have been 12%. The cost price of the watch is∶
A.	Rs. 3, 760
B.	Rs. 3, 850
C.	Rs. 3, 945
D.	Rs. 3, 900
Answer» C. Rs. 3, 945

Discussion

1902.	A, B and C started a business investments of Rs. 12000, Rs. 24000 and Rs. 9000 respectively. After x months A withdrew his capital and after x more months 'C' withdrew his capital. If, at the end of one year they share the profit in the ration of 2 : 12 : 3; then the value of x is:
A.	4
B.	3
C.	2
D.	1
Answer» B. 3

Discussion

1903.	If the cost price of an article is 35% of the selling price, then what is the profit percentage?
A.	185.71
B.	212.36
C.	144.42
D.	110.11
Answer» B. 212.36

Discussion

1904.	A shopkeeper professes to sell his goods at cost price but uses a 930 gm. weight instead of 1 kilogram weight. What will be the profit percentage of the shopkeeper?
A.	3.76
B.	7.53
C.	9.85
D.	10.36
Answer» C. 9.85

Discussion

1905.	Kishore had a loss of 20% on selling an article for Rs. 7,160. At what price should he have sold the item to make a profit of 30%?
A.	Rs. 12,007
B.	Rs. 11,635
C.	Rs.8,988
D.	Rs.10,678
Answer» C. Rs.8,988

Discussion

1906.	If the selling price of an article is 32% more than its cost price and the discount offered on its marked price is 12%, then what is the ratio of its cost price to the marked price?
A.	4 : 5
B.	1 : 2
C.	2 : 3
D.	3 : 8
Answer» D. 3 : 8

Discussion

1907.	A shopkeeper purchased 120 pears for Rs. 15 each. However, 10 pears were rotten and thrown away. The remaining sold at Rs. 18 each. What will be the percentage profit?
A.	20%
B.	10%
C.	50%
D.	30%
Answer» C. 50%

Discussion

1908.	A trader mixes three varieties of refined oil costing Rs. 100, Rs. 40 and Rs. 60 per litre in the ratio 2 : 4 : 3, and sells the mixture at Rs. 66 per litre. What percentage of profit does he make?
A.	12%
B.	10%
C.	9%
D.	8%
Answer» C. 9%

Discussion

1909.	A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?
A.	10
B.	12.5
C.	20
D.	25
Answer» E.

Discussion

1910.	If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is
A.	Rs. 410
B.	Rs. 380
C.	Rs. 400
D.	Rs. 390
Answer» E.

Discussion

1911.	P, Q and R invest in a business in the ratio of \(\frac{1}{2}:\frac{1}{3}:\frac{1}{{12}}\) respectively. Out of a total profit of Rs. 121000, what will be the share of Q?
A.	Rs. 44000
B.	Rs. 50000
C.	Rs. 48000
D.	Rs. 46500
Answer» B. Rs. 50000

Discussion

1912.	A, B and C together start a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit is Rs. 21000, what will be C's share in this profit?
A.	Rs. 12500
B.	Rs. 10500
C.	Rs. 15000
D.	Rs. 10000
Answer» C. Rs. 15000

Discussion

1913.	A man sold 280 chairs and had a gain equal to selling price of 35 chairs. What is his profit percentage?
A.	20
B.	14.28
C.	15
D.	16.67
Answer» C. 15

Discussion

1914.	A shopkeeper purchased some strawberries of Rs. 20 at the rate of 14 and he sells them at the rate of 8 for Rs.22. Find his profit percentage.
A.	91.75%
B.	88.50%
C.	92.50%
D.	94.25%
Answer» D. 94.25%

Discussion

1915.	If on a Sale there is 40% discount on the marked price of Rs. 1000, but the sale is done at Rs. 510 only then what additional discount (in %) did the customer get?
A.	25
B.	15
C.	10
D.	30
Answer» C. 10

Discussion

1916.	A man sells two articles each for 240. He sells one at a profit of 20% and sells the second at a loss of 25%. What is the net profit or loss in the whole transaction?
A.	9.09% Profit
B.	7.69% Profit
C.	7.69% Loss
D.	7.68% Loss
Answer» D. 7.68% Loss

Discussion

1917.	In spite of an increase in the price of a commodity by 20%, the overall expenditure on it increases by 12%. What is the percentage decrease in the quantity of commodity consumed?
A.	\(6\frac{2}{3}\)
B.	\(7\frac{1}{2}\)
C.	8
D.	\(7\frac{1}{3}\)
Answer» B. \(7\frac{1}{2}\)

Discussion

1918.	A fruit-seller sells grapes at a loss of 23% and uses false weight which is 30% less than the original weight. What is his gain or loss percentage?
A.	gain 7%
B.	loss 7%
C.	gain 10%
D.	loss 23%
Answer» D. loss 23%

Discussion

1919.	By selling an article for Rs. 1,008, A suffers as much loss as she would have gained by selling it at a 20% profit. If she sells it for Rs. 1,354.50, then her profit percentage is:
A.	8%
B.	10%
C.	12.5%
D.	7.5%
Answer» E.

Discussion

1920.	P and Q enter into a partnership with investments of Rs. 1400 and Rs. 1800 respectively. They share half of the profit equally for running the business and the remaining profit in the ratio of their investments. If the difference in their shares of profits is Rs. 47, what is the total profit?
A.	Rs. 954
B.	Rs. 504
C.	Rs. 804
D.	Rs. 752
Answer» E.

Discussion

1921.	A shopkeeper marks up his wares by 60% and offers 10% discount. What will be the selling price (in Rs.) if the cost price is Rs. 7500?
A.	11800
B.	12800
C.	13800
D.	10800
Answer» E.

Discussion

1922.	A trader decides to sell his goods at a profit of 20%. But due to more demand, he further increases the price by 10%. What is his net profit percent?
A.	32%
B.	25%
C.	30%
D.	28%
Answer» B. 25%

Discussion

1923.	Compute the discount percent equivalent to successive discounts of 10%, 20% and 30%.
A.	50%
B.	48.5%
C.	49.6%
D.	49%
Answer» D. 49%

Discussion

1924.	A man bought two shirts for Rs. 650. He sold one of them at a gain of 7% and the other at a loss of 6%. On the whole he neither gained nor lost ? The cost of the shirts, respectively, were
A.	Rs. 300, Rs. 350
B.	Rs. 330, Rs. 320
C.	Rs. 350, Rs. 300
D.	Rs. 320, Rs. 330
Answer» B. Rs. 330, Rs. 320

Discussion

1925.	If Ravi sells an old scooter for ₨. 18,000, then his loss incurred is 10%. If he sells it to gain a profit of 15%, then the selling price is:
A.	₨. 20,000
B.	₨. 23,000
C.	₨. 24,000
D.	₨. 22,000
Answer» C. ₨. 24,000

Discussion

1926.	On selling a bike for Rs. 2500 a seller incurs a loss of 20%. What price would have caused him to lose 30%?
A.	Rs. 2186.5
B.	Rs. 2187.5
C.	Rs. 2185.5
D.	Rs. 2188.5
Answer» C. Rs. 2185.5

Discussion

1927.	D sells a table to E at a proﬁt of 30% and E sells it to F at a loss of 30%. What is the ratio of cost prices of D and F?
A.	100 ∶ 91
B.	100 ∶ 130
C.	100 ∶ 126
D.	1 ∶ 1
Answer» B. 100 ∶ 130

Discussion

1928.	A person sold two articles for Rs. 1936 each. On one he gained 28% and on the other, he lost 12%. What is his overall gain or loss percent, correct to one decimal place?
A.	4.3% loss
B.	5% gain
C.	5% loss
D.	4.3% gain
Answer» E.

Discussion

1929.	By Selling 4 articles for 1 rupee, a man losses 50%. Had he sold 2 articles per rupee, then what will be the profit percentage?
A.	20
B.	30
C.	25
D.	0
Answer» E.

Discussion

1930.	If the ratio of the cost price and selling price of an article is 4: 5, then what will be the profit percentage?
A.	25
B.	35
C.	40
D.	50
Answer» B. 35

Discussion

1931.	A, B and C started a business. A invested \(33\frac{1}{3}\%\) of the total capital, B invest \(33\frac{1}{3}\%\) of the remaining capital and C, the remaining. If the total profit, at the end of a year, was Rs. 20,250 then the profit of C exceeds the profit of B by:
A.	Rs. 5,200
B.	Rs. 4,500
C.	Rs. 6,750
D.	Rs. 2,700
Answer» C. Rs. 6,750

Discussion

1932.	A cloth seller sells 40% of his particular item and recovers the cost price. What will be his profit percentage after selling the complete stock, if he continues to sell rest of his stock at the same price?
A.	150%
B.	250%
C.	200%
D.	95%
Answer» B. 250%

Discussion

1933.	An article is sold for Rs. 3724 after two successive discounts of 5% and 2%. What was the marked price?
A.	Rs. 3825
B.	Rs. 4225
C.	Rs. 3960
D.	Rs. 4000
Answer» E.

Discussion

1934.	If the difference between a discount of 25% and two successive discounts of 10% on a certain bill is Rs. 84, then what is the amount (in Rs) of the bill?
A.	1600
B.	1400
C.	1250
D.	1380
Answer» C. 1250

Discussion

1935.	A man gains 70% by selling an article for a certain price. If he sells it at half the price, then what will be the loss percentage?
A.	10
B.	12
C.	15
D.	8
Answer» D. 8

Discussion

1936.	If a scooter is sold for Rs. 23,750, the seller will face 5% loss. At what price (in Rs) should he sell to gain 10% profit?
A.	26750
B.	27500
C.	24750
D.	22750
Answer» C. 24750

Discussion

1937.	A shopkeeper pays 12% of the cost price as tax while purchasing an item whose cost is Rs.500. He wants to earn a profit of 20% after giving a discount of 16% on the marked price. So, the marked price should be:
A.	Rs. 780
B.	Rs. 960
C.	Rs. 840
D.	Rs. 800
Answer» E.

Discussion

1938.	After giving 20% discount on an article there is a profit of 20%. What will be the profit percentage when no discount is given?
A.	40
B.	44
C.	54
D.	50
Answer» E.

Discussion

1939.	A, B and C start a business. A invests 25% of the capital for one-fourth of time; B invests 20% of the capital for one-half of the time and the remaining capital was invested by C for the whole time. Out of a profit of Rs. 68,400 after a year, what is the difference between the shares of profit of A and C?
A.	Rs. 49,000
B.	Rs. 46,800
C.	Rs. 45,600
D.	Rs. 43,200
Answer» C. Rs. 45,600

Discussion

1940.	A Started business with 45000 and was joined afterward by B with 54000. After how many months did B join, if the profits at the end of the year were divided in the ratio 2: 1?
A.	4
B.	5
C.	6
D.	7
Answer» E.

Discussion

1941.	An article is sold for Rs. 642.60 after successive discounts of 15% and 10%. What is the marked price of the article?
A.	Rs. 820
B.	Rs. 800
C.	Rs. 880
D.	Rs. 840
Answer» E.

Discussion

1942.	A grain merchant sold 600 quintals of rice at a profit of 7 %. If a quintal of rice costs him Rs. 1600, Then find his total profit of merchant.
A.	Rs. 77,20
B.	Rs. 57,200
C.	Rs. 62,200
D.	Rs. 67,200
Answer» E.

Discussion

1943.	A shopkeeper allows a discount of 10% on an article and gives one article free for every fifteen articles bought by a customer. If he still gains 35% in this transaction, then the marked price of the article exceeds the cost price by
A.	60%
B.	50%
C.	40%
D.	30%
Answer» B. 50%

Discussion

1944.	A shirt was marked at Rs. 1600. During a Diwali festival offer, 10% discount was allowed on it. What will be the selling price of the shirt?
A.	Rs. 1540
B.	Rs. 1400
C.	Rs. 1440
D.	Rs. 1240
Answer» D. Rs. 1240

Discussion

1945.	After a discount of 34% an article is sold for Rs 3168. What is the marked price (in Rs) of the article?
A.	4750
B.	4800
C.	4850
D.	5000
Answer» C. 4850

Discussion

1946.	A shopkeeper sells wheat at a proﬁt of 20% and for weighing uses a weight which is 10% less than the actual weight. What is his total proﬁt percentage?
A.	31.24
B.	37.5
C.	30
D.	33.33
Answer» E.

Discussion

1947.	A vendor bought 15 kg of rice at a certain rate per kg. After a week, he sold 6 kg of the rice at 20% profit, 6 kg at neither profit nor loss and 3 kg at 10% loss. In this transaction, what is his profit percentage?
A.	7.5%
B.	10%
C.	5.25%
D.	6%
Answer» E.

Discussion

1948.	After a discount of 12%, a toy was sold for Rs. 132. What was the marked price of the toy?
A.	Rs. 140
B.	Rs. 175
C.	Rs. 150
D.	Rs. 160
Answer» D. Rs. 160

Discussion

1949.	An article is sold for Rs. 612 after successive discounts of 25% and x%. If the marked price of the article is Rs. 960, what is the value of x?
A.	12
B.	10
C.	14
D.	15
Answer» E.

Discussion

1950.	By selling 50 lemons for Rs. 60m a man loses 10%. How many should he sell for Rs. 20 to gain 20% in the transaction?
A.	12.5
B.	12
C.	13
D.	13.5
Answer» B. 12

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A watch was sold at a profit of 10%. Had it been sold at Rs. 77 more the profit percent would have been 12%. The cost price of the watch is∶

A, B and C started a business investments of Rs. 12000, Rs. 24000 and Rs. 9000 respectively. After x months A withdrew his capital and after x more months 'C' withdrew his capital. If, at the end of one year they share the profit in the ration of 2 : 12 : 3; then the value of x is:

If the cost price of an article is 35% of the selling price, then what is the profit percentage?

A shopkeeper professes to sell his goods at cost price but uses a 930 gm. weight instead of 1 kilogram weight. What will be the profit percentage of the shopkeeper?

Kishore had a loss of 20% on selling an article for Rs. 7,160. At what price should he have sold the item to make a profit of 30%?

If the selling price of an article is 32% more than its cost price and the discount offered on its marked price is 12%, then what is the ratio of its cost price to the marked price?

A shopkeeper purchased 120 pears for Rs. 15 each. However, 10 pears were rotten and thrown away. The remaining sold at Rs. 18 each. What will be the percentage profit?

A trader mixes three varieties of refined oil costing Rs. 100, Rs. 40 and Rs. 60 per litre in the ratio 2 : 4 : 3, and sells the mixture at Rs. 66 per litre. What percentage of profit does he make?

A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the profit percentage?

If the profit on selling an article for Rs. 425 is the same as the loss on selling it for Rs. 355, then the cost price of the article is

P, Q and R invest in a business in the ratio of \(\frac{1}{2}:\frac{1}{3}:\frac{1}{{12}}\) respectively. Out of a total profit of Rs. 121000, what will be the share of Q?

A, B and C together start a business in partnership. The ratio of their capitals is 3 : 4 : 7. If their annual profit is Rs. 21000, what will be C's share in this profit?

A man sold 280 chairs and had a gain equal to selling price of 35 chairs. What is his profit percentage?

A shopkeeper purchased some strawberries of Rs. 20 at the rate of 14 and he sells them at the rate of 8 for Rs.22. Find his profit percentage.

If on a Sale there is 40% discount on the marked price of Rs. 1000, but the sale is done at Rs. 510 only then what additional discount (in %) did the customer get?

A man sells two articles each for 240. He sells one at a profit of 20% and sells the second at a loss of 25%. What is the net profit or loss in the whole transaction?

In spite of an increase in the price of a commodity by 20%, the overall expenditure on it increases by 12%. What is the percentage decrease in the quantity of commodity consumed?

A fruit-seller sells grapes at a loss of 23% and uses false weight which is 30% less than the original weight. What is his gain or loss percentage?

By selling an article for Rs. 1,008, A suffers as much loss as she would have gained by selling it at a 20% profit. If she sells it for Rs. 1,354.50, then her profit percentage is:

P and Q enter into a partnership with investments of Rs. 1400 and Rs. 1800 respectively. They share half of the profit equally for running the business and the remaining profit in the ratio of their investments. If the difference in their shares of profits is Rs. 47, what is the total profit?

A shopkeeper marks up his wares by 60% and offers 10% discount. What will be the selling price (in Rs.) if the cost price is Rs. 7500?

A trader decides to sell his goods at a profit of 20%. But due to more demand, he further increases the price by 10%. What is his net profit percent?

Compute the discount percent equivalent to successive discounts of 10%, 20% and 30%.

A man bought two shirts for Rs. 650. He sold one of them at a gain of 7% and the other at a loss of 6%. On the whole he neither gained nor lost ? The cost of the shirts, respectively, were

If Ravi sells an old scooter for ₨. 18,000, then his loss incurred is 10%. If he sells it to gain a profit of 15%, then the selling price is:

On selling a bike for Rs. 2500 a seller incurs a loss of 20%. What price would have caused him to lose 30%?

D sells a table to E at a proﬁt of 30% and E sells it to F at a loss of 30%. What is the ratio of cost prices of D and F?

A person sold two articles for Rs. 1936 each. On one he gained 28% and on the other, he lost 12%. What is his overall gain or loss percent, correct to one decimal place?

By Selling 4 articles for 1 rupee, a man losses 50%. Had he sold 2 articles per rupee, then what will be the profit percentage?

If the ratio of the cost price and selling price of an article is 4: 5, then what will be the profit percentage?

A, B and C started a business. A invested \(33\frac{1}{3}\%\) of the total capital, B invest \(33\frac{1}{3}\%\) of the remaining capital and C, the remaining. If the total profit, at the end of a year, was Rs. 20,250 then the profit of C exceeds the profit of B by:

A cloth seller sells 40% of his particular item and recovers the cost price. What will be his profit percentage after selling the complete stock, if he continues to sell rest of his stock at the same price?

An article is sold for Rs. 3724 after two successive discounts of 5% and 2%. What was the marked price?

If the difference between a discount of 25% and two successive discounts of 10% on a certain bill is Rs. 84, then what is the amount (in Rs) of the bill?

A man gains 70% by selling an article for a certain price. If he sells it at half the price, then what will be the loss percentage?

If a scooter is sold for Rs. 23,750, the seller will face 5% loss. At what price (in Rs) should he sell to gain 10% profit?

A shopkeeper pays 12% of the cost price as tax while purchasing an item whose cost is Rs.500. He wants to earn a profit of 20% after giving a discount of 16% on the marked price. So, the marked price should be:

After giving 20% discount on an article there is a profit of 20%. What will be the profit percentage when no discount is given?

A Started business with 45000 and was joined afterward by B with 54000. After how many months did B join, if the profits at the end of the year were divided in the ratio 2: 1?

An article is sold for Rs. 642.60 after successive discounts of 15% and 10%. What is the marked price of the article?

A grain merchant sold 600 quintals of rice at a profit of 7 %. If a quintal of rice costs him Rs. 1600, Then find his total profit of merchant.

A shopkeeper allows a discount of 10% on an article and gives one article free for every fifteen articles bought by a customer. If he still gains 35% in this transaction, then the marked price of the article exceeds the cost price by

A shirt was marked at Rs. 1600. During a Diwali festival offer, 10% discount was allowed on it. What will be the selling price of the shirt?

After a discount of 34% an article is sold for Rs 3168. What is the marked price (in Rs) of the article?

A shopkeeper sells wheat at a proﬁt of 20% and for weighing uses a weight which is 10% less than the actual weight. What is his total proﬁt percentage?

A vendor bought 15 kg of rice at a certain rate per kg. After a week, he sold 6 kg of the rice at 20% profit, 6 kg at neither profit nor loss and 3 kg at 10% loss. In this transaction, what is his profit percentage?

After a discount of 12%, a toy was sold for Rs. 132. What was the marked price of the toy?

An article is sold for Rs. 612 after successive discounts of 25% and x%. If the marked price of the article is Rs. 960, what is the value of x?

By selling 50 lemons for Rs. 60m a man loses 10%. How many should he sell for Rs. 20 to gain 20% in the transaction?