3305 + Mcqs in Profit And Loss Page 48 McqOptions

2351.	An electrician bought an old fan for Rs. 420 and spent 25% of it on repairing. If he wants to make a profit of Rs. 126, what percentage of the cost price should be added to it ?
A.	35 %
B.	45 %
C.	55 %
D.	65 %
Answer» D. 65 %

Discussion

2352.	A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the original price. What percentage profit did he get ?
A.	30%
B.	40%
C.	50%
D.	60%
Answer» D. 60%

Discussion

2353.	A shopkeeper sells bananas at the rate of one dozen for Rs 36. What is the percentage profit he makes ? I. He sold 10 dozens of bananas II. The cost of each banana is Rs 2.50.
A.	If the question can be answered using statement (I) alone but not statement (II) alone.
B.	If the question can be answered using statement (II) alone but not statement (I) alone.
C.	If the question can be answered using both the statements together, but cant be answered using either statement alone.
D.	If the question can be answered using either statement alone.
Answer» C. If the question can be answered using both the statements together, but cant be answered using either statement alone.

Discussion

2354.	A shopkeeper sold an item for Rs 600 after giving 20% discount on the labelled price and made 24% profit on the cost price. What would have been the percentage profit if he had not given the discount
A.	45 %
B.	55 %
C.	75 %
D.	95 %
Answer» C. 75 %

Discussion

2355.	How many articles were sold ? I. Total profit earned was Rs. 1,596 II. Cost-price per article was Rs. 632 III. Selling price per article was Rs. 76
A.	I and III only
B.	I and II only
C.	All I, II and III
D.	Any two of three
Answer» D. Any two of three

Discussion

2356.	A shopkeeper sells sugar at a profit of 2 0% and uses a weight which is 2 5% less. What is total % gain ?
A.	30 %
B.	40 %
C.	50 %
D.	60 %
Answer» E.

Discussion

2357.	A man buys two items 'A' and ' B ' for Rs 990. He sells item 'A'at a loss of 6.5%and item'B'at a gain of 1O%.On the whole he neither gains nor loses. What is the cost of item 'B' ?
A.	Rs 330
B.	Rs 350
C.	Rs 370
D.	Rs 390
Answer» E.

Discussion

2358.	If a seller wants to earn 12% profit on an item after offering 20% discount to the customer, by what percentage should he increase his marked price to arrive at the label price ?
A.	20 %
B.	40 %
C.	60 %
D.	80 %
Answer» C. 60 %

Discussion

2359.	A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given as 8%. Find out the new gain per cent.
A.	112 %
B.	116 %
C.	119 %
D.	123 %
Answer» C. 119 %

Discussion

2360.	The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?
A.	2 : 5
B.	3 : 2
C.	1 : 4
D.	4 : 5
Answer» B. 3 : 2

Discussion

2361.	The ratio of the cost price and the selling price is 4:5. The profit percent is:
A.	12.50%
B.	25%
C.	34.67%
D.	50%
Answer» C. 34.67%

Discussion

2362.	If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:
A.	10% Loss
B.	20% Loss
C.	30% Loss
D.	None of the above
Answer» C. 30% Loss

Discussion

2363.	If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:
A.	18%
B.	20%
C.	6%
D.	50%
Answer» E.

Discussion

2364.	The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?
A.	Rs. 960
B.	Rs. 1200
C.	Rs. 480
D.	Rs. 720
Answer» B. Rs. 1200

Discussion

2365.	A boy buys an item with 40% discount on the labelled price. He sold that item with 35% profit on the labelled price. What was his per cent profit on the price he bought ?
A.	109 %
B.	116 %
C.	121 %
D.	125 %
Answer» E.

Discussion

2366.	The profit earned by selling an articles for Rs. 600 is equal to the loss incurred when the same articles is sold for Rs 300. What should be the sale price for making 20% profit ?
A.	Rs. 430
B.	Rs. 470
C.	Rs. 500
D.	Rs. 540
Answer» E.

Discussion

2367.	A man purchases 12 apples for Rs 8 and sells 8 apples for Rs 12. How much profit does he make ?
A.	50%
B.	75%
C.	100%
D.	125%
Answer» E.

Discussion

2368.	On selling 17 balls at Rs 720, there is a loss equal to the cost price of the 5 balls. The cost price of each balls is
A.	Rs 30
B.	Rs 40
C.	Rs 50
D.	Rs 60
Answer» E.

Discussion

2369.	A dealers wants to earn 20% profit on an item after offering 20% discount. By what per cent should he increase his marked price to arrive at the label price ?
A.	30%
B.	40%
C.	50%
D.	60%
Answer» D. 60%

Discussion

2370.	The profit earned after selling an article for Rs 1532 is the same as the loss incurred after selling the article for Rs 1216. What is the cost price (in Rs) of the article ?
A.	Rs 1374
B.	Rs 1474
C.	Rs 1574
D.	Rs 1674
Answer» B. Rs 1474

Discussion

2371.	A man sells two articles for the same price of Rs 6600. He earns 20% profit on the first and 10% on the second. Find the overall approximate per cent profit.
A.	8.78%
B.	10.78%
C.	12.78%
D.	14.78%
Answer» E.

Discussion

2372.	The marked price of a watch is Rs 1600. The shopkeeper gives successive discounts of 10% and r% to the customer. If the customer pays Rs 1224 for the watch, find the value of r.
A.	4 %
B.	7 %
C.	11 %
D.	15 %
Answer» E.

Discussion

2373.	A dishonest dealer sells his goods at the cost price, but he uses a weight of 900 gm for 1 kg wt. What is his gain per cent ?
A.	9 1/9%
B.	10 1/9%
C.	11 1/9%
D.	12 1/9%
Answer» D. 12 1/9%

Discussion

2374.	A man buys 6 items for Rs 5 and sells 5 items for Rs. 6. How much profit does he make ?
A.	31%
B.	36%
C.	40%
D.	44%
Answer» E.

Discussion

2375.	A shopkeeper sells sugar at 4% less than the marked price. but he uses weight such that instead of 1 kg it is only 800 grams. What per cent prrofit does he get overall ?
A.	50%
B.	40%
C.	30%
D.	20%
Answer» E.

Discussion

2376.	When the demand of a commodity decreases by 10% the shopkeeper increases its price by 15%. Find the effect on his sales revenue in per cent.
A.	3.5% (Increase)
B.	4.5% (Increase)
C.	5.5% (Increase)
D.	6.5% (Increase)
Answer» B. 4.5% (Increase)

Discussion

2377.	The profit earned after selling an article for Rs 350 is the same as half of the loss incurred after selling the article for Rs 260. What is the cost price of the article ?
A.	Rs. 260
B.	Rs. 280
C.	Rs. 300
D.	Rs. 320
Answer» E.

Discussion

2378.	A shopkeeper purchased 120 kg of grain at the rate of 15 per kg from a wholesaler. He sold 60 kg at the profit of 10%. At what rate per kg should he sell the remaining grain to earn a profit of 15% on
A.	16
B.	17
C.	18
D.	19
Answer» D. 19

Discussion

2379.	Ram sold an article for Rs 3480 and earned a profit of 16%. At what price should it have been sold so as to earna profit of.32.5% ?
A.	Rs 3675
B.	Rs 3775
C.	Rs 3875
D.	Rs 3975
Answer» E.

Discussion

2380.	A person bought two tables for Rs. 1300. He sold one table at gain of 40% & the other at loss of 12.5%. If he sold at same price, what is cost price of table which was sold at 12.5% loss ?
A.	Rs. 500
B.	Rs. 600
C.	Rs. 700
D.	Rs. 800
Answer» E.

Discussion

2381.	A shopkeeper, bought a cycle at 40% discount on its original price He sold it at a price 50% higher than in the original price What percentage profit did he make ?
A.	50 %
B.	80 %
C.	100 %
D.	150 %
Answer» E.

Discussion

2382.	A shopkeeper gave an additional 40% discount on the reduced price after giving 25% standard concession on that item, if a person bought that item for Rs. 1260, what is the original price of the item ?
A.	Rs. 2700
B.	Rs. 2800
C.	Rs. 2900
D.	None of the above
Answer» C. Rs. 2900

Discussion

2383.	The profit earned by selling all pens of Type B is what percentage of the total profit earned by selling all pens of type E if the per unit cost of type B pens is Rs. 5.5 and that of Type E pens is Rs
A.	22 %
B.	23 %
C.	24 %
D.	25 %
Answer» D. 25 %

Discussion

2384.	If the manufacturing cost of type C and that of type D pens is equal and it is Rs. 15 per pens. What is the net profit earned by the company by selling all pens of type C and Type D ?
A.	7.05 lakh
B.	7.35 lakh
C.	7.55 lakh
D.	7.75 lakh
Answer» E.

Discussion

2385.	If the cos of manufacturring of Type A pens is Rs. 4.50 per pen, what is the net profit earned by the company by selling all pens of type A ?
A.	Rs. 1.05 thousand
B.	Rs. 2.05 thousand
C.	Rs. 3.05 thousand
D.	Rs. 4.05 thousand
Answer» B. Rs. 2.05 thousand

Discussion

2386.	A person sells two fans for Rs. 3200. The cost price of the first fan is equal to the selling price of the second fan. If the first is sold at 40% loss and the second at 100% gain, what is total profi
A.	Rs. 150
B.	Rs. 200
C.	Rs. 250
D.	Rs. 300
Answer» C. Rs. 250

Discussion

2387.	A man boys a cycle at a discount of 50% and sells it for Rs. 2550. In this process, he makes a prrofit of 25%. Find the discount received by him.
A.	Rs. 330
B.	Rs. 340
C.	Rs. 350
D.	Rs. 360
Answer» E.

Discussion

2388.	A person purchased 78 kg of rice at the rate of Rs. 50 per kg He sold 36 kg at a profit of 21%. At what rate per kg should he sell the remaining rice to obtain an overall profit of 28% ?
A.	55 kg
B.	61 kg
C.	65 kg
D.	67 kg
Answer» E.

Discussion

2389.	1/4 of a commodity is sold at 25% profit 1/8 of it is sold at 40% profit and the remaining at 30% profit. If the total profit is Rs. 240, what is the value of the commodity ?
A.	Rs. 780
B.	Rs. 790
C.	Rs. 800
D.	Rs. 810
Answer» D. Rs. 810

Discussion

2390.	20 apples were bought for a rupee. Approximately how many apples must be sold for a rupee to gain a profit of 30% ?
A.	8
B.	10
C.	12
D.	15
Answer» E.

Discussion

2391.	A shopkeeper makes a profit of 20% by selling an item at a certain rate. If he charges `8 more on each item, he earns a profit of 60%. What is the cost price of the item ?
A.	Rs. 18
B.	Rs. 20
C.	Rs. 22
D.	Rs. 27
Answer» C. Rs. 22

Discussion

2392.	A person sold 3/5 of a consignment at a profit of 35% and the rest at a loss of 25%. If there was an overall profit of `715 what is the actual cost of the consignment ?
A.	Rs. 5800
B.	Rs. 6000
C.	Rs. 6500
D.	Rs. 6800
Answer» D. Rs. 6800

Discussion

2393.	Rajni purchased a mobile phone and a refrigerator for Rs. 12,000 and Rs. 10,000 respectively. She sold the refrigerator at a loss of 12 per cent and mobile phone at a profit of 8 per cent. What is her
A.	Loss of Rs. 180
B.	Loss of Rs. 200
C.	Loss of Rs. 240
D.	Loss of Rs. 260
Answer» D. Loss of Rs. 260

Discussion

2394.	A shopkeeper sells his goods at 10% discount on the marked price. What price should he mark on an article that costs him Rs. 900 to gain 10% ?
A.	Rs. 2100
B.	Rs. 1700
C.	Rs. 1500
D.	Rs. 1100
Answer» E.

Discussion

2395.	A milkman sells such milk which contains 5% water. What amount of pure milk should be added to 5 litres milk so that the percentage of water be reduced to 2% ?
A.	7.5 litres
B.	8 litres
C.	8.5 litres
D.	9 litres
Answer» B. 8 litres

Discussion

2396.	If the cost price of 50 oranges is equal to the selling price of 40 oranges, than the profit percent is
A.	5 %
B.	17 %
C.	21 %
D.	25 %
Answer» E.

Discussion

2397.	A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss per cent on the whole transaction is
A.	1 % loss
B.	2 % loss
C.	3 % loss
D.	4 % loss
Answer» B. 2 % loss

Discussion

2398.	A man bought a second - hand typewriter for Rs.1200 and spent Rs.200 on its repairs. He sold it for Rs.1680. His profit percent is
A.	20 %
B.	15 %
C.	10 %
D.	5 %
Answer» B. 15 %

Discussion

2399.	If a subscriber subscribe a certain magazine for two years, he gets 24 issues at 20% discount. If he pays Rs. 576/- after discount, what is the intial cost of each issues?
A.	Rs. 10
B.	Rs. 20
C.	Rs. 30
D.	Rs. 40
Answer» D. Rs. 40

Discussion

2400.	A trader's marked price is 30% above the cost pirce. He allows his customers 10% discount on the marked price. What profit does he make ?
A.	17%
B.	18%
C.	19%
D.	20%
Answer» B. 18%

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

An electrician bought an old fan for Rs. 420 and spent 25% of it on repairing. If he wants to make a profit of Rs. 126, what percentage of the cost price should be added to it ?

A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the original price. What percentage profit did he get ?

A shopkeeper sells bananas at the rate of one dozen for Rs 36. What is the percentage profit he makes ? I. He sold 10 dozens of bananas II. The cost of each banana is Rs 2.50.

A shopkeeper sold an item for Rs 600 after giving 20% discount on the labelled price and made 24% profit on the cost price. What would have been the percentage profit if he had not given the discount

How many articles were sold ? I. Total profit earned was Rs. 1,596 II. Cost-price per article was Rs. 632 III. Selling price per article was Rs. 76

A shopkeeper sells sugar at a profit of 2 0% and uses a weight which is 2 5% less. What is total % gain ?

A man buys two items 'A' and ' B ' for Rs 990. He sells item 'A'at a loss of 6.5%and item'B'at a gain of 1O%.On the whole he neither gains nor loses. What is the cost of item 'B' ?

If a seller wants to earn 12% profit on an item after offering 20% discount to the customer, by what percentage should he increase his marked price to arrive at the label price ?

A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given as 8%. Find out the new gain per cent.

The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

The ratio of the cost price and the selling price is 4:5. The profit percent is:

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

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

A boy buys an item with 40% discount on the labelled price. He sold that item with 35% profit on the labelled price. What was his per cent profit on the price he bought ?

The profit earned by selling an articles for Rs. 600 is equal to the loss incurred when the same articles is sold for Rs 300. What should be the sale price for making 20% profit ?

A man purchases 12 apples for Rs 8 and sells 8 apples for Rs 12. How much profit does he make ?

On selling 17 balls at Rs 720, there is a loss equal to the cost price of the 5 balls. The cost price of each balls is

A dealers wants to earn 20% profit on an item after offering 20% discount. By what per cent should he increase his marked price to arrive at the label price ?

The profit earned after selling an article for Rs 1532 is the same as the loss incurred after selling the article for Rs 1216. What is the cost price (in Rs) of the article ?

A man sells two articles for the same price of Rs 6600. He earns 20% profit on the first and 10% on the second. Find the overall approximate per cent profit.

The marked price of a watch is Rs 1600. The shopkeeper gives successive discounts of 10% and r% to the customer. If the customer pays Rs 1224 for the watch, find the value of r.

A dishonest dealer sells his goods at the cost price, but he uses a weight of 900 gm for 1 kg wt. What is his gain per cent ?

A man buys 6 items for Rs 5 and sells 5 items for Rs. 6. How much profit does he make ?

A shopkeeper sells sugar at 4% less than the marked price. but he uses weight such that instead of 1 kg it is only 800 grams. What per cent prrofit does he get overall ?

When the demand of a commodity decreases by 10% the shopkeeper increases its price by 15%. Find the effect on his sales revenue in per cent.

The profit earned after selling an article for Rs 350 is the same as half of the loss incurred after selling the article for Rs 260. What is the cost price of the article ?

A shopkeeper purchased 120 kg of grain at the rate of 15 per kg from a wholesaler. He sold 60 kg at the profit of 10%. At what rate per kg should he sell the remaining grain to earn a profit of 15% on

Ram sold an article for Rs 3480 and earned a profit of 16%. At what price should it have been sold so as to earna profit of.32.5% ?

A person bought two tables for Rs. 1300. He sold one table at gain of 40% & the other at loss of 12.5%. If he sold at same price, what is cost price of table which was sold at 12.5% loss ?

A shopkeeper, bought a cycle at 40% discount on its original price He sold it at a price 50% higher than in the original price What percentage profit did he make ?

A shopkeeper gave an additional 40% discount on the reduced price after giving 25% standard concession on that item, if a person bought that item for Rs. 1260, what is the original price of the item ?

The profit earned by selling all pens of Type B is what percentage of the total profit earned by selling all pens of type E if the per unit cost of type B pens is Rs. 5.5 and that of Type E pens is Rs

If the manufacturing cost of type C and that of type D pens is equal and it is Rs. 15 per pens. What is the net profit earned by the company by selling all pens of type C and Type D ?

If the cos of manufacturring of Type A pens is Rs. 4.50 per pen, what is the net profit earned by the company by selling all pens of type A ?

A person sells two fans for Rs. 3200. The cost price of the first fan is equal to the selling price of the second fan. If the first is sold at 40% loss and the second at 100% gain, what is total profi

A man boys a cycle at a discount of 50% and sells it for Rs. 2550. In this process, he makes a prrofit of 25%. Find the discount received by him.

A person purchased 78 kg of rice at the rate of Rs. 50 per kg He sold 36 kg at a profit of 21%. At what rate per kg should he sell the remaining rice to obtain an overall profit of 28% ?

1/4 of a commodity is sold at 25% profit 1/8 of it is sold at 40% profit and the remaining at 30% profit. If the total profit is Rs. 240, what is the value of the commodity ?

20 apples were bought for a rupee. Approximately how many apples must be sold for a rupee to gain a profit of 30% ?

A shopkeeper makes a profit of 20% by selling an item at a certain rate. If he charges `8 more on each item, he earns a profit of 60%. What is the cost price of the item ?

A person sold 3/5 of a consignment at a profit of 35% and the rest at a loss of 25%. If there was an overall profit of `715 what is the actual cost of the consignment ?

Rajni purchased a mobile phone and a refrigerator for Rs. 12,000 and Rs. 10,000 respectively. She sold the refrigerator at a loss of 12 per cent and mobile phone at a profit of 8 per cent. What is her

A shopkeeper sells his goods at 10% discount on the marked price. What price should he mark on an article that costs him Rs. 900 to gain 10% ?

A milkman sells such milk which contains 5% water. What amount of pure milk should be added to 5 litres milk so that the percentage of water be reduced to 2% ?

If the cost price of 50 oranges is equal to the selling price of 40 oranges, than the profit percent is

A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. His loss per cent on the whole transaction is

A man bought a second - hand typewriter for Rs.1200 and spent Rs.200 on its repairs. He sold it for Rs.1680. His profit percent is

If a subscriber subscribe a certain magazine for two years, he gets 24 issues at 20% discount. If he pays Rs. 576/- after discount, what is the intial cost of each issues?

A trader's marked price is 30% above the cost pirce. He allows his customers 10% discount on the marked price. What profit does he make ?