3305 + Mcqs in Profit And Loss Page 43 McqOptions

2101.	Amit loses the selling price of 5 books on selling 35 books. His loss percentage is
A.	10%
B.	12%
C.	15.5%
D.	12.5%
Answer» E.

Discussion

2102.	A purchased an article for Rs. 1400. He sold it to B at 25% Profit. B sold it to C at 20% profit. C sold it to D at 15% loss. What is the cost price for D?
A.	Rs. 1665
B.	Rs. 1900
C.	Rs. 1785
D.	Rs. 2025
Answer» D. Rs. 2025

Discussion

2103.	An article having marked price of Rs. 4300 is sold at a discount of 17%. What is the selling price (in Rs.) of the article?
A.	3721
B.	3459
C.	3569
D.	3317
Answer» D. 3317

Discussion

2104.	A and B invested amounts of Rs. 40,000 and Rs.75,000 respectively. At the end of five years they got a total profit of Rs.46,000. What is A’s share in the profit?
A.	Rs.15,500
B.	Rs.16,500
C.	Rs.16,000
D.	Rs.15,000
Answer» B. Rs.16,500

Discussion

2105.	A shopkeeper normally allows a discount of 10% on the marked price of each article. During a sale season, he decides to give two more discounts, the first being at a rate of 50% of the original and the second at a rate of 40% of the first. What is the percentage rate of the equivalent single discount (correct up to two decimal places)?
A.	14.85
B.	11.25
C.	13.27
D.	17
Answer» E.

Discussion

2106.	After giving a discount of 35%, there is a loss of 7.14%. If only 20% discount is given, then what will be the profit percentage?
A.	11.11
B.	12.5
C.	14.28
D.	16.66
Answer» D. 16.66

Discussion

2107.	A mobile phone costs Rs.6500. It was sold for Rs.6370. Find the loss percent.
A.	3%
B.	5%
C.	7%
D.	2%
Answer» E.

Discussion

2108.	10% of a product's cost price is Rs. 1245.80. What would be the selling price if the product is sold at a loss of 15% (rounded off to the nearest rupee)
A.	12,458
B.	10,589
C.	14,327
D.	14,657
Answer» C. 14,327

Discussion

2109.	If the selling price of 40 articles is equal to the cost price of 50 articles, then the percentage loss or gain is:
A.	20% loss
B.	20% gain
C.	25% gain
D.	25% loss
Answer» D. 25% loss

Discussion

2110.	Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram wanted to sell it back to Gopal at 10% loss. What will be Gopal's position if he agreed?
A.	Neither loss nor gain
B.	Loss 1%
C.	Gain 1%
D.	Gain 0.5%
Answer» D. Gain 0.5%

Discussion

2111.	A person bought a car and sold it for Rs. 3,00,000. If he incurred a loss of 20%, then how much did he spend to buy the car?
A.	Rs. 3,60,000
B.	Rs. 3,65,000
C.	Rs. 3,70,000
D.	Rs. 3,75,000
Answer» E.

Discussion

2112.	Mr. Ashwani sold a bus for Rs. 510 with a loss of 15 %. At what price should the bus be sold to get a profit of 15 %?
A.	Rs. 700
B.	Rs. 690
C.	Rs. 650
D.	Rs. 680
Answer» C. Rs. 650

Discussion

2113.	A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A’s profit is equal to 2/5 of B’s profit. Then the profit of B is
A.	Rs. 700
B.	Rs. 750
C.	Rs. 850
D.	Rs. 800
Answer» C. Rs. 850

Discussion

2114.	A businessman sold \(\frac{3}{4}\) of his stock at a gain of 15% and the rest at a gain of 25%. The overall percentage of gain to the businessman is?
A.	\(18\frac{1}{2}\% \)
B.	17%
C.	\(17\frac{1}{2}\% \)
D.	18%
Answer» D. 18%

Discussion

2115.	Manjeet singh sold an article for ₹9000 gaining 1/5 of its C.P. Find the gain %.
A.	10%
B.	22%
C.	20%
D.	25%
Answer» D. 25%

Discussion

2116.	If a seller reduces the selling price of an item from Rs. 400 to Rs. 380, his loss increases by 2%. What is the cost price of the item?
A.	Rs. 1,000
B.	Rs. 800
C.	Rs. 1,200
D.	Rs. 1,100
Answer» B. Rs. 800

Discussion

2117.	A businessman gives 15% discount on the list price of his items. How much percent should he mark on his items on the cost price to get a 19% profit?
A.	34%
B.	40%
C.	25%
D.	30%
Answer» C. 25%

Discussion

2118.	An article is sold for Rs. 4800 at a loss of 20%. What is the cost price (in Rs.) of the article?
A.	5500
B.	6000
C.	7200
D.	5800
Answer» C. 7200

Discussion

2119.	In what proportion must a grocer mix sugar at Rs. 12 a kg and Rs. 7 a kg so as to make a mixture worth Rs. 8 a kg?
A.	7 : 12
B.	1 : 4
C.	2 : 3
D.	12 : 7
Answer» C. 2 : 3

Discussion

2120.	A trader buys 1000 kg of wheat for Rs. 75,000. 8.33% of this wheat is destroyed by rats. At what approximate rate (Rs. / kg) should he sell the rest to earn 10% proﬁt?
A.	90
B.	100
C.	110
D.	120
Answer» B. 100

Discussion

2121.	A man gains 50% by selling an article at a certain price. If he sells the article at half the price, then what is the loss percentage?
A.	25
B.	50
C.	75
D.	37.5
Answer» B. 50

Discussion

2122.	If the selling price is doubled, the profit triples. The initial profit percent is
A.	\(66\frac{1}{3}\% \)
B.	150%
C.	100%
D.	90%
Answer» D. 90%

Discussion

2123.	A blanket is sold for Rs 680 at the discount of 15% and 20%. Find the printed price of the blanket.
A.	Rs. 800
B.	Rs. 950
C.	Rs. 1000
D.	Rs. 900
Answer» D. Rs. 900

Discussion

2124.	A gift item was marked up twice by 25% each. It was sold for Rs 1200 after a discount of 20%. Find the cost price.
A.	Rs. 900
B.	Rs. 960
C.	Rs. 1020
D.	Rs. 1050
Answer» C. Rs. 1020

Discussion

2125.	A person makes a profit of 20% after giving 20% discount on the marked price of an article. The marked price is what percent above the cost price of the article?
A.	45
B.	50
C.	40
D.	60
Answer» C. 40

Discussion

2126.	If a television set is sold at Rs. x, a loss of 28% would be incurred. If it is sold at Rs. y, a profit of 12% would be incurred. What is the ratio of y to x?
A.	41:9
B.	31:9
C.	23:9
D.	14:9
Answer» E.

Discussion

2127.	Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other, he had a 25% loss. Then his net profit or loss is
A.	He lost more than Rs. 2000
B.	He lost less than Rs. 2000
C.	He earned more than Rs. 2000
D.	He earned less than Rs. 2000
Answer» B. He lost less than Rs. 2000

Discussion

2128.	Find the difference between the selling prices of two articles sold at 12.5% profit and 12.5% loss, if the cost price is Rs.400 each.
A.	Rs. 120
B.	Rs. 100
C.	Rs. 80
D.	Rs. 140
Answer» C. Rs. 80

Discussion

2129.	After spending Rs. 75,000 for remodeling a house, Sania sold the house at a profit of 20%. If the selling price was Rs. 36,00,000; then, how much did she spent to buy it?
A.	Rs. 29,25,000
B.	Rs. 26,53,000
C.	Rs. 28,75,000
D.	Rs. 39,25,000
Answer» B. Rs. 26,53,000

Discussion

2130.	A shopkeeper offers 13% discount on a car tyre with a marked price of Rs. 8800. If he still earns a profit of Rs. 1200, what is the cost price of the tyre?
A.	Rs. 6450
B.	Rs. 6456
C.	Rs. 6654
D.	Rs. 6546
Answer» C. Rs. 6654

Discussion

2131.	A shopkeeper buys an item at 87% of its selling price and sells it at 12% above its selling price. His profit percentage (in nearest integer) is:
A.	26%
B.	18%
C.	30%
D.	25%
Answer» D. 25%

Discussion

2132.	If an item marked at Rs. 480 is being sold at Rs. 400, then what is the effective discount on the item?
A.	20
B.	16.67
C.	25
D.	15
Answer» C. 25

Discussion

2133.	An Iron box was brought for Rs. 770.75 and was sold for a profit of Rs. 50.25. Find selling price of Iron box?
A.	Rs. 721
B.	Rs. 521
C.	Rs. 821
D.	Rs. 621
Answer» D. Rs. 621

Discussion

2134.	A started a business with a capital of Rs. 1,12,000. After 2 months, B joined the business with a capital of Rs, 80,000, and after another 2 months, C joined the business with a capital of Rs. 72,000. After 10 months from the start of the business, B withdrew Rs. 8,000 and C also withdrew Rs. 8,000. If B received Rs. 9,800 as his share in the profit at the end of a year, then the total profit was:
A.	Rs. 30,800
B.	Rs. 35,800
C.	Rs. 32,400
D.	Rs. 33,600
Answer» E.

Discussion

2135.	On selling a watch at 4/5th of the marked price, there is a loss of 4%. What will be the ratio between the marked price and cost price of the watch?
A.	6 : 5
B.	5 : 3
C.	10 : 7
D.	7 : 5
Answer» B. 5 : 3

Discussion

2136.	A trader allows two successive discounts of 30% and 40% on selling an article. If he sells that article for Rs. 840, then what is the marked price (in Rs.) of the article?
A.	2000
B.	1900
C.	1800
D.	1700
Answer» B. 1900

Discussion

2137.	If the cost price of 12 pens is equal to the selling price of 16 pens, then profit/loss in percentage is equal to
A.	25% profit
B.	25% loss
C.	40% profit
D.	40% loss
Answer» C. 40% profit

Discussion

2138.	A bookseller sold 500 copies of a book at a profit of 20%. If he gains a profit of Rs.5/book, what is the cost price of the book?
A.	Rs 25
B.	Rs 50
C.	Rs 75
D.	Rs 100
Answer» B. Rs 50

Discussion

2139.	By selling an article at 7% profit instead of 11% loss, a man gains Rs 720 more. What is the cost price of that article?
A.	3200
B.	4000
C.	4800
D.	7200
Answer» C. 4800

Discussion

2140.	If a person has sold an article for Rs. 1,300 and made a profit of 30% find the cost price of the article.A. Rs. 1,000B. Rs. 1,200C. Rs. 1,250D. Rs. 1,100
A.	A
B.	C
C.	B
D.	D
Answer» B. C

Discussion

2141.	A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
A.	Rs. 1090
B.	Rs. 1160
C.	Rs. 1190
D.	Rs. 1202
Answer» D. Rs. 1202

Discussion

2142.	A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A.	Rs. 18.20
B.	Rs. 70
C.	Rs. 72
D.	Rs. 88.25
Answer» D. Rs. 88.25

Discussion

2143.	The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
A.	Rs. 2000
B.	Rs. 2200
C.	Rs. 2400
D.	Data inadequate
Answer» B. Rs. 2200

Discussion

2144.	A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:
A.	5(15/17)% loss
B.	5(15/17)% gain
C.	6(2/3)% gain
D.	None of these
Answer» C. 6(2/3)% gain

Discussion

2145.	If selling price is doubled, the profit triples. Find the profit percent.
A.	66(2/3)
B.	100
C.	105(1/3)
D.	120
Answer» C. 105(1/3)

Discussion

2146.	Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
A.	4(4/7)%
B.	5(5/11)%
C.	10%
D.	12%
Answer» C. 10%

Discussion

2147.	The CP of 19 articles is same as the selling price of 29 articles. what is the loss % ?
A.	34.48 %
B.	36.48 %
C.	37.48 %
D.	39.48 %
Answer» B. 36.48 %

Discussion

2148.	A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15% , then his profit would have been reduced by Rs. 36. what is the
A.	90
B.	110
C.	140
D.	180
Answer» E.

Discussion

2149.	The profit percentage on the three articles A , B and C is 10%,20% and 25% and the ratio of the cost price is 1 : 2 : 4 . Also the ratio of number of articles sold of A , B and C is 2 : 5 : 2 then the
A.	21%
B.	24%
C.	26%
D.	29%
Answer» B. 24%

Discussion

2150.	An item was sold after giving two successive discount of 20% and 10% respectively. If the item was sold for Rs. 468. The marked price of that item is :
A.	350
B.	450
C.	550
D.	650
Answer» D. 650

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Amit loses the selling price of 5 books on selling 35 books. His loss percentage is

A purchased an article for Rs. 1400. He sold it to B at 25% Profit. B sold it to C at 20% profit. C sold it to D at 15% loss. What is the cost price for D?

An article having marked price of Rs. 4300 is sold at a discount of 17%. What is the selling price (in Rs.) of the article?

A and B invested amounts of Rs. 40,000 and Rs.75,000 respectively. At the end of five years they got a total profit of Rs.46,000. What is A’s share in the profit?

After giving a discount of 35%, there is a loss of 7.14%. If only 20% discount is given, then what will be the profit percentage?

A mobile phone costs Rs.6500. It was sold for Rs.6370. Find the loss percent.

10% of a product's cost price is Rs. 1245.80. What would be the selling price if the product is sold at a loss of 15% (rounded off to the nearest rupee)

If the selling price of 40 articles is equal to the cost price of 50 articles, then the percentage loss or gain is:

Gopal bought a cell phone and sold it to Ram at 10% profit. Then Ram wanted to sell it back to Gopal at 10% loss. What will be Gopal's position if he agreed?

A person bought a car and sold it for Rs. 3,00,000. If he incurred a loss of 20%, then how much did he spend to buy the car?

Mr. Ashwani sold a bus for Rs. 510 with a loss of 15 %. At what price should the bus be sold to get a profit of 15 %?

A & B jointly made a profit of Rs. 1650 and they decided to share it such that 1/3 of A’s profit is equal to 2/5 of B’s profit. Then the profit of B is

A businessman sold \(\frac{3}{4}\) of his stock at a gain of 15% and the rest at a gain of 25%. The overall percentage of gain to the businessman is?

Manjeet singh sold an article for ₹9000 gaining 1/5 of its C.P. Find the gain %.

If a seller reduces the selling price of an item from Rs. 400 to Rs. 380, his loss increases by 2%. What is the cost price of the item?

A businessman gives 15% discount on the list price of his items. How much percent should he mark on his items on the cost price to get a 19% profit?

An article is sold for Rs. 4800 at a loss of 20%. What is the cost price (in Rs.) of the article?

In what proportion must a grocer mix sugar at Rs. 12 a kg and Rs. 7 a kg so as to make a mixture worth Rs. 8 a kg?

A trader buys 1000 kg of wheat for Rs. 75,000. 8.33% of this wheat is destroyed by rats. At what approximate rate (Rs. / kg) should he sell the rest to earn 10% proﬁt?

A man gains 50% by selling an article at a certain price. If he sells the article at half the price, then what is the loss percentage?

If the selling price is doubled, the profit triples. The initial profit percent is

A blanket is sold for Rs 680 at the discount of 15% and 20%. Find the printed price of the blanket.

A gift item was marked up twice by 25% each. It was sold for Rs 1200 after a discount of 20%. Find the cost price.

A person makes a profit of 20% after giving 20% discount on the marked price of an article. The marked price is what percent above the cost price of the article?

If a television set is sold at Rs. x, a loss of 28% would be incurred. If it is sold at Rs. y, a profit of 12% would be incurred. What is the ratio of y to x?

Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other, he had a 25% loss. Then his net profit or loss is

Find the difference between the selling prices of two articles sold at 12.5% profit and 12.5% loss, if the cost price is Rs.400 each.

After spending Rs. 75,000 for remodeling a house, Sania sold the house at a profit of 20%. If the selling price was Rs. 36,00,000; then, how much did she spent to buy it?

A shopkeeper offers 13% discount on a car tyre with a marked price of Rs. 8800. If he still earns a profit of Rs. 1200, what is the cost price of the tyre?

A shopkeeper buys an item at 87% of its selling price and sells it at 12% above its selling price. His profit percentage (in nearest integer) is:

If an item marked at Rs. 480 is being sold at Rs. 400, then what is the effective discount on the item?

An Iron box was brought for Rs. 770.75 and was sold for a profit of Rs. 50.25. Find selling price of Iron box?

On selling a watch at 4/5th of the marked price, there is a loss of 4%. What will be the ratio between the marked price and cost price of the watch?

A trader allows two successive discounts of 30% and 40% on selling an article. If he sells that article for Rs. 840, then what is the marked price (in Rs.) of the article?

If the cost price of 12 pens is equal to the selling price of 16 pens, then profit/loss in percentage is equal to

A bookseller sold 500 copies of a book at a profit of 20%. If he gains a profit of Rs.5/book, what is the cost price of the book?

By selling an article at 7% profit instead of 11% loss, a man gains Rs 720 more. What is the cost price of that article?

If a person has sold an article for Rs. 1,300 and made a profit of 30% find the cost price of the article.A. Rs. 1,000B. Rs. 1,200C. Rs. 1,250D. Rs. 1,100

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:

If selling price is doubled, the profit triples. Find the profit percent.

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

The CP of 19 articles is same as the selling price of 29 articles. what is the loss % ?

A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15% , then his profit would have been reduced by Rs. 36. what is the

The profit percentage on the three articles A , B and C is 10%,20% and 25% and the ratio of the cost price is 1 : 2 : 4 . Also the ratio of number of articles sold of A , B and C is 2 : 5 : 2 then the

An item was sold after giving two successive discount of 20% and 10% respectively. If the item was sold for Rs. 468. The marked price of that item is :