3305 + Mcqs in Profit And Loss Page 41 McqOptions

2001.	Ramesh purchases 75 articles for ₹ 10800 and sells them at a loss equal to the selling price of 5 articles. What will be the selling price of one article?
A.	Rs. 156
B.	Rs. 135
C.	Rs. 144
D.	Rs. 132
Answer» C. Rs. 144

Discussion

2002.	A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he not allowed any discount he would have earned a profit of 20% on the cost price. What is the cost price of the item?
A.	Rs. 640
B.	Rs. 540
C.	Rs. 500
D.	Rs. 600
Answer» D. Rs. 600

Discussion

2003.	A and B started a business together by investing Rs. 10,000 and Rs 9,000 respectively. After 8 months, A and B both left and C joined the business by investing Rs. 12,000. If the difference between the profit obtained by A and B at the end of the year was Rs 5,000, then the total profit was:
A.	Rs. 1,25,000
B.	Rs. 1,50,000
C.	Rs. 2,34,000
D.	Rs. 1,23,500
E.	None of these
Answer» B. Rs. 1,50,000

Discussion

2004.	If Manoj purchases 324 toffees for ₹ 486, then how many toffees should he sell for ₹ 90 to earn 50% profit?
A.	40
B.	60
C.	55
D.	45
Answer» B. 60

Discussion

2005.	A discount of 35% on an article is the same as a discount of 15% on another article. The marked price of the two articles can be;
A.	Rs. 160 and Rs. 140
B.	Rs. 140 and Rs. 180
C.	Rs. 60 and Rs. 140
D.	Rs. 140 and Rs. 120
Answer» D. Rs. 140 and Rs. 120

Discussion

2006.	A milkman purchases 25 litres of milk from a diary for Rs. 800 and sells it at the rate of 33.50 per litre.What is the profit or loss %? (rounded off)
A.	Profit 4.7%
B.	Loss 4.8%
C.	Loss 5.1%
D.	Profit 5.3%
Answer» B. Loss 4.8%

Discussion

2007.	A trader sells wire and gains 60% on the cost price. What will be the profit percentage on selling price?
A.	33.33%
B.	40%
C.	60%
D.	37.5%
Answer» E.

Discussion

2008.	If a shopkeeper gives two successive discounts of 20% and 15% on a book whose marked price is Rs. 850, then what is the selling price of the book?
A.	₹758
B.	₹587
C.	₹785
D.	₹578
Answer» E.

Discussion

2009.	A vender bought 40 dozen fruits for Rs. 3,000. Out of these, 30 fruits were rotten and thrown away. At what rate (in Rs) per dozen should the vendor sell the remaining fruits to make a profit of 25% in the entire transaction?
A.	100
B.	80
C.	90
D.	75
Answer» B. 80

Discussion

2010.	A trader marked 50% higher price on an article and later gave 20% discount on it. What percentage of profit did the merchant get after giving a discount? A. 30%B. 125%C. 25%D. 20%
A.	A
B.	B
C.	C
D.	D
Answer» E.

Discussion

2011.	If the shopkeeper sells an item at Rs. 4650 which is marked as Rs. 6000, then what is the discount (in %) that he is oﬀering?
A.	12
B.	36
C.	48
D.	22.5
Answer» E.

Discussion

2012.	A loss of 26% gets converted into a profit of 24% when the selling price of a sanitizer bottle is increased by Rs. 185. The cost price of the article is:
A.	Rs. 370
B.	Rs. 365
C.	Rs. 350
D.	Rs. 345
Answer» B. Rs. 365

Discussion

2013.	An item is marked 37.5% above the cost price. If a discount of 9.09% is allowed, then find the profit percentage (correct to nearest integer).
A.	20
B.	15
C.	10
D.	25
Answer» E.

Discussion

2014.	If a shopkeeper hikes the purchasing value of an item by 36% and holds a value of 36% on his sale,then find the profit/loss percent.
A.	12.96% Loss
B.	11.56% Loss
C.	11.56% profit
D.	12.96% profit
Answer» B. 11.56% Loss

Discussion

2015.	An article is sold for Rs. 688.16 after two successive discounts of 12% and 8% respectively. What is its marked price?
A.	Rs. 900
B.	Rs. 800
C.	Rs. 820
D.	Rs. 850
Answer» E.

Discussion

2016.	A merchant purchases a watch for Rs. 510 and fixes its marked price in such a way that after allowing a discount of 15%, he earns a profit of 30%. What is the marked price (in Rs.) of the watch?
A.	650
B.	690
C.	780
D.	730
Answer» D. 730

Discussion

2017.	A wholesaler offers 10% discount on pens which have been marked 60% above the cost price. Sumit bought the pen for Rs 504. What was the cost price (in Rs) of the pens?
A.	220
B.	300
C.	350
D.	280
Answer» D. 280

Discussion

2018.	A man bought 15 articles at ₹ 70 each, 13 at ₹ 60 each and 12 at ₹ 65 each. The average price per article (in ₹) is:
A.	65.25
B.	63.25
C.	65.00
D.	65.75
Answer» B. 63.25

Discussion

2019.	By selling 40 grams of rice, a person loss the cost price of 20 grams of rice. Find his loss percent?
A.	33.33
B.	66.66
C.	50
D.	75
Answer» D. 75

Discussion

2020.	A shop keeper offers a 10% discount on a ceiling fan. During a clearance sale it is sold at 6% discount over the already discounted price and the final selling price is Rs. 846. The original marked price of the ceiling fan is:
A.	Rs. 1,000
B.	Rs. 850
C.	Rs. 896
D.	Rs. 956
Answer» B. Rs. 850

Discussion

2021.	A person bought an item for Rs. 2,500 and sold it at a profit of 14%. What was the selling price of the item?
A.	Rs. 2,920
B.	Rs. 2,680
C.	Rs. 2,850
D.	Rs. 2,762
Answer» D. Rs. 2,762

Discussion

2022.	A vendor bought 6 toffees for a rupee. How many for a rupee should he sell to make a profit of 20%?
A.	Rs. 3
B.	Rs. 5
C.	Rs. 4
D.	Rs. 8
Answer» C. Rs. 4

Discussion

2023.	Mohan bought two cows in Rs. 30,000. By selling one at a loss of 15% and other at a gain of 19%, he found that the selling price of both cows is the same. The cost price of both the cows are -
A.	Rs. 17,500, Rs. 12,500
B.	Rs. 15,000, Rs. 15,000
C.	Rs. 18,000, Rs. 12,000
D.	Rs. 20,000, Rs. 10,000
Answer» B. Rs. 15,000, Rs. 15,000

Discussion

2024.	By selling 20 metres of cloth, a man gains the selling price of 4 metres of cloth. The gain percent is:
A.	15 %
B.	20 %
C.	22 %
D.	25 %
Answer» E.

Discussion

2025.	A certain quantity of rice was bought for Rs. x and sold for Rs. y, thereby earning a profit of 25%. Had the cost price been 20% less and the selling price been Rs. 58 less, a profit of 20% would have been earned. Find the value of x.
A.	400
B.	200
C.	300
D.	250
Answer» C. 300

Discussion

2026.	If chairs are bought at Rs. 400 each and sold at Rs. 500 each, then what will be the profit percentage?
A.	10%
B.	20%
C.	25%
D.	60%
Answer» D. 60%

Discussion

2027.	A TV set is being sold for Rs. X in Delhi. A dealer went to Chandigarh and bought the TV at 20% discount (from the price of Delhi). He spends Rs. 600 on transport. Thus, he sold the set in Delhi for Rs. X making (100/7) % profit what is the value of X?
A.	Rs. 7200
B.	Rs. 8000
C.	Rs. 8800
D.	Rs. 9600
Answer» C. Rs. 8800

Discussion

2028.	Note-books are bought at 16 for ₹700 and sold at 11 for ₹500. How many notebooks should be sold to gain ₹450?
A.	272
B.	260
C.	254
D.	264
Answer» E.

Discussion

2029.	A person buys an article at 7/9 of its value and sells it for 20 percent more than its value. What is his gain percentage?
A.	50 percent
B.	45.3 percent
C.	44.4 percent
D.	54.3 percent
Answer» E.

Discussion

2030.	A man wanted to sell an article with 20% profit, but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit?
A.	Rs.720
B.	Rs.600
C.	Rs.840
D.	Rs.750
Answer» B. Rs.600

Discussion

2031.	An item is sold at a fixed price. Had it been sold at 2/3 the fixed price, there would have been a 10% loss. Accordingly how much profit would there be on selling at a fixed price?
A.	15%
B.	25%
C.	35%
D.	45%
Answer» D. 45%

Discussion

2032.	A mobile cover costing Rs. 264 is available at a discount of 12% What would be the selling price of 4 such mobile covers?
A.	Rs. 936.72
B.	Rs. 929.28
C.	Rs. 940.46
D.	Rs. 934.04
Answer» C. Rs. 940.46

Discussion

2033.	If the cost price of an article is 10 percent of its selling price, then what is the profit percent ?
A.	950 percent
B.	750 percent
C.	900 percent
D.	800 percent
Answer» D. 800 percent

Discussion

2034.	Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 500 more, he would have gained 45%. To gain 25%, he should sell for:
A.	Rs. 1175
B.	Rs. 1150
C.	Rs. 1225
D.	Rs. 1250
Answer» E.

Discussion

2035.	If a person sells a pen drive for Rs. 3192, making a profit of 33%, then the cost price (in Rs.) of the pen drive is:
A.	2400
B.	2800
C.	2750
D.	3000
Answer» B. 2800

Discussion

2036.	A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?
A.	Rs. 50,000
B.	Rs. 25,000
C.	Rs. 37,500
D.	Rs. 60,000
Answer» B. Rs. 25,000

Discussion

2037.	A shopkeeper fixes the marked price of a pair of shoes 45% above its cost price. What is the percentage of discount allowed to gain 16 % ?
A.	30%
B.	25%
C.	15%
D.	20%
Answer» E.

Discussion

2038.	Cost price of an article is Rs. 3500. Its price is marked up by 14.28%. If the article is sold at 10% discount, then what will be the value of profit (in Rs.)?
A.	75
B.	125
C.	100
D.	150
Answer» D. 150

Discussion

2039.	A refrigerator was sold at a profit of 15 % Had it been sold for Rs. 1,234 more, the profit would have been 20% Find the cost price of the refrigerator.
A.	Rs. 2,8750
B.	Rs. 26.920
C.	Rs. 24,680
D.	Rs. 28,640
Answer» D. Rs. 28,640

Discussion

2040.	Rama bought a new chair for 20% discount. Had Rama got no discount, Rama would have paid Rs. 350 more. How much did Rama pay for the chair?
A.	Rs. 1,400
B.	Rs. 2,100
C.	Rs. 1,750
D.	Rs. 1,050
Answer» B. Rs. 2,100

Discussion

2041.	A man sold a chair and a table together for Rs. 7,600, thereby making a profit of 25% on the chair and 10% on the table. By selling them together for Rs. 7,500 he would make a profit of 10% on the chair and 20% on the table. Then the cost price of chair and table will be
A.	Rs. 3000 and Rs. 4000
B.	Rs. 3500 and Rs. 4000
C.	Rs. 3000 and Rs. 3500
D.	Rs. 3500 and Rs. 3500
Answer» D. Rs. 3500 and Rs. 3500

Discussion

2042.	A, B and C enter into a partnership by investing their capitals in the ratio of 2/5 : 3/4 : 5/8. After 4 months, A increased his capital by 50% but B decreased his capital by 20%. What is the share of B in the total profit of Rs. 2,82,100 at the end of a year?
A.	Rs. 1,01,400
B.	Rs. 1,00,750
C.	Rs. 83,200
D.	Rs. 97,500
Answer» B. Rs. 1,00,750

Discussion

2043.	A merchant purchases a watch for Rs.525 and fixes its marked price in such a way that after allowing a discount of 25%, he earns a profit of 10%. What is the marked price (in Rs) of the watch?
A.	750
B.	670
C.	690
D.	770
Answer» E.

Discussion

2044.	A shopkeeper increases the markup price of an article by 50% and then allows a discount of Rs. 50. If he received a profit of 25% then find the selling price of the article.
A.	Rs. 150
B.	Rs. 200
C.	Rs. 250
D.	Rs. 300
E.	None of these
Answer» D. Rs. 300

Discussion

2045.	A shopkeeper gives successive discounts of 20%, 10% and 5%. A customer bought an article for Rs. 342. The marked price of the article was
A.	Rs. 600
B.	Rs. 500
C.	Rs. 480
D.	Rs. 400
Answer» C. Rs. 480

Discussion

2046.	A shopkeeper offers 12% discount on an electronic gadget with a marked price of Rs. 5700. If he still earns a profit of Rs. 500, what is the cost price of the gadget?
A.	Rs. 4500
B.	Rs. 5516
C.	Rs. 6200
D.	Rs. 4516
Answer» E.

Discussion

2047.	A man sells calculator at the rate of Rs. 560 each which includes 12 % profit. What amount of profit will he earn in 15 days if he sells 8 calculators per day?
A.	Rs. 8,000
B.	Rs. 1,200
C.	Rs. 7,200
D.	Rs. 6,000
Answer» D. Rs. 6,000

Discussion

2048.	A trader marks up his goods by 120% and offers 30% discount. What will be the selling price (in Rs.), if the cost price is Rs. 750?
A.	1225
B.	1080
C.	1280
D.	1155
Answer» E.

Discussion

2049.	A watch is sold at a discount of 62.5%. If the marked price of the watch is Rs. 16320, then what is the selling price (in Rs.) of the watch?
A.	7230
B.	6120
C.	5840
D.	4820
Answer» C. 5840

Discussion

2050.	How many kilograms of wheat costing Rs. 8/kg must be mixed with 36 kg of rice costing Rs. 5.40/kg so that 20% gain may be obtained by selling the mixture at 7.20/kg.
A.	7.67 kg
B.	9.08 kg
C.	10.8 kg
D.	8.67 kg
Answer» D. 8.67 kg

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Ramesh purchases 75 articles for ₹ 10800 and sells them at a loss equal to the selling price of 5 articles. What will be the selling price of one article?

A shopkeeper sells an item for Rs. 492 after allowing 18% discount on its marked price. Had he not allowed any discount he would have earned a profit of 20% on the cost price. What is the cost price of the item?

A and B started a business together by investing Rs. 10,000 and Rs 9,000 respectively. After 8 months, A and B both left and C joined the business by investing Rs. 12,000. If the difference between the profit obtained by A and B at the end of the year was Rs 5,000, then the total profit was:

If Manoj purchases 324 toffees for ₹ 486, then how many toffees should he sell for ₹ 90 to earn 50% profit?

A discount of 35% on an article is the same as a discount of 15% on another article. The marked price of the two articles can be;

A milkman purchases 25 litres of milk from a diary for Rs. 800 and sells it at the rate of 33.50 per litre.What is the profit or loss %? (rounded off)

A trader sells wire and gains 60% on the cost price. What will be the profit percentage on selling price?

If a shopkeeper gives two successive discounts of 20% and 15% on a book whose marked price is Rs. 850, then what is the selling price of the book?

A vender bought 40 dozen fruits for Rs. 3,000. Out of these, 30 fruits were rotten and thrown away. At what rate (in Rs) per dozen should the vendor sell the remaining fruits to make a profit of 25% in the entire transaction?

A trader marked 50% higher price on an article and later gave 20% discount on it. What percentage of profit did the merchant get after giving a discount? A. 30%B. 125%C. 25%D. 20%

If the shopkeeper sells an item at Rs. 4650 which is marked as Rs. 6000, then what is the discount (in %) that he is oﬀering?

A loss of 26% gets converted into a profit of 24% when the selling price of a sanitizer bottle is increased by Rs. 185. The cost price of the article is:

An item is marked 37.5% above the cost price. If a discount of 9.09% is allowed, then find the profit percentage (correct to nearest integer).

If a shopkeeper hikes the purchasing value of an item by 36% and holds a value of 36% on his sale,then find the profit/loss percent.

An article is sold for Rs. 688.16 after two successive discounts of 12% and 8% respectively. What is its marked price?

A merchant purchases a watch for Rs. 510 and fixes its marked price in such a way that after allowing a discount of 15%, he earns a profit of 30%. What is the marked price (in Rs.) of the watch?

A wholesaler offers 10% discount on pens which have been marked 60% above the cost price. Sumit bought the pen for Rs 504. What was the cost price (in Rs) of the pens?

A man bought 15 articles at ₹ 70 each, 13 at ₹ 60 each and 12 at ₹ 65 each. The average price per article (in ₹) is:

By selling 40 grams of rice, a person loss the cost price of 20 grams of rice. Find his loss percent?

A shop keeper offers a 10% discount on a ceiling fan. During a clearance sale it is sold at 6% discount over the already discounted price and the final selling price is Rs. 846. The original marked price of the ceiling fan is:

A person bought an item for Rs. 2,500 and sold it at a profit of 14%. What was the selling price of the item?

A vendor bought 6 toffees for a rupee. How many for a rupee should he sell to make a profit of 20%?

Mohan bought two cows in Rs. 30,000. By selling one at a loss of 15% and other at a gain of 19%, he found that the selling price of both cows is the same. The cost price of both the cows are -

By selling 20 metres of cloth, a man gains the selling price of 4 metres of cloth. The gain percent is:

A certain quantity of rice was bought for Rs. x and sold for Rs. y, thereby earning a profit of 25%. Had the cost price been 20% less and the selling price been Rs. 58 less, a profit of 20% would have been earned. Find the value of x.

If chairs are bought at Rs. 400 each and sold at Rs. 500 each, then what will be the profit percentage?

A TV set is being sold for Rs. X in Delhi. A dealer went to Chandigarh and bought the TV at 20% discount (from the price of Delhi). He spends Rs. 600 on transport. Thus, he sold the set in Delhi for Rs. X making (100/7) % profit what is the value of X?

Note-books are bought at 16 for ₹700 and sold at 11 for ₹500. How many notebooks should be sold to gain ₹450?

A person buys an article at 7/9 of its value and sells it for 20 percent more than its value. What is his gain percentage?

A man wanted to sell an article with 20% profit, but he actually sold at 20% loss for Rs. 480, At what price he wanted to sell it to earn the profit?

An item is sold at a fixed price. Had it been sold at 2/3 the fixed price, there would have been a 10% loss. Accordingly how much profit would there be on selling at a fixed price?

A mobile cover costing Rs. 264 is available at a discount of 12% What would be the selling price of 4 such mobile covers?

If the cost price of an article is 10 percent of its selling price, then what is the profit percent ?

Ramesh sold a phone at a loss of 5%. Had he sold it for Rs. 500 more, he would have gained 45%. To gain 25%, he should sell for:

If a person sells a pen drive for Rs. 3192, making a profit of 33%, then the cost price (in Rs.) of the pen drive is:

A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?

A shopkeeper fixes the marked price of a pair of shoes 45% above its cost price. What is the percentage of discount allowed to gain 16 % ?

Cost price of an article is Rs. 3500. Its price is marked up by 14.28%. If the article is sold at 10% discount, then what will be the value of profit (in Rs.)?

A refrigerator was sold at a profit of 15 % Had it been sold for Rs. 1,234 more, the profit would have been 20% Find the cost price of the refrigerator.

Rama bought a new chair for 20% discount. Had Rama got no discount, Rama would have paid Rs. 350 more. How much did Rama pay for the chair?

A man sold a chair and a table together for Rs. 7,600, thereby making a profit of 25% on the chair and 10% on the table. By selling them together for Rs. 7,500 he would make a profit of 10% on the chair and 20% on the table. Then the cost price of chair and table will be

A, B and C enter into a partnership by investing their capitals in the ratio of 2/5 : 3/4 : 5/8. After 4 months, A increased his capital by 50% but B decreased his capital by 20%. What is the share of B in the total profit of Rs. 2,82,100 at the end of a year?

A merchant purchases a watch for Rs.525 and fixes its marked price in such a way that after allowing a discount of 25%, he earns a profit of 10%. What is the marked price (in Rs) of the watch?

A shopkeeper increases the markup price of an article by 50% and then allows a discount of Rs. 50. If he received a profit of 25% then find the selling price of the article.

A shopkeeper gives successive discounts of 20%, 10% and 5%. A customer bought an article for Rs. 342. The marked price of the article was

A shopkeeper offers 12% discount on an electronic gadget with a marked price of Rs. 5700. If he still earns a profit of Rs. 500, what is the cost price of the gadget?

A man sells calculator at the rate of Rs. 560 each which includes 12 % profit. What amount of profit will he earn in 15 days if he sells 8 calculators per day?

A trader marks up his goods by 120% and offers 30% discount. What will be the selling price (in Rs.), if the cost price is Rs. 750?

A watch is sold at a discount of 62.5%. If the marked price of the watch is Rs. 16320, then what is the selling price (in Rs.) of the watch?

How many kilograms of wheat costing Rs. 8/kg must be mixed with 36 kg of rice costing Rs. 5.40/kg so that 20% gain may be obtained by selling the mixture at 7.20/kg.