3305 + Mcqs in Profit And Loss Page 7 McqOptions

301.	Mangoes are bought at a rate of Rs. 10,000 per ton. If one-third of the total mangoes are sold at a loss of 4%, then at what price (per ton) should the remaining mangoes be sold so as to gain 30% on the whole transaction?
A.	Rs. 15,000
B.	Rs. 13,500
C.	Rs. 14,700
D.	Rs. 14,600
Answer» D. Rs. 14,600

Discussion

302.	If a dining table with marked price Rs. 6,000 was sold to a customer for Rs. 5,520, then the rate of discount allowed on the marked price of the table is:
A.	5%
B.	7%
C.	8%
D.	6%
Answer» D. 6%

Discussion

303.	A person purchases bags at the rate of Rs. 128 per bag. If he sells bags on 20% profit, then what will be the selling price of 15 bags?
A.	Rs. 1600
B.	Rs. 2304
C.	Rs. 2194
D.	Rs. 1886
Answer» C. Rs. 2194

Discussion

304.	A shopkeeper marked a shirt 40% above the cost price and then gave a discount of 10%. He made a net profit of Rs. 702 after paying a tax of 10% on the gross profit. What is the cost price of the shirt?
A.	3000
B.	4000
C.	5000
D.	5500
E.	None of these
Answer» B. 4000

Discussion

305.	A wholeseller buys an article for Rs. 42 and sells it for Rs. 36. What is his loss percent?
A.	14.28
B.	20
C.	16.67
D.	11.11
Answer» B. 20

Discussion

306.	A vendor buys 6 bananas for Rs. 25 and sells them at 3 for Rs. 20. What is his profit percentage?
A.	50
B.	40
C.	60
D.	30
Answer» D. 30

Discussion

307.	A sum of Rs. x is divided among A, B and C such that the ratio of the shares of A and B is 6 ∶ 7 and that of B and C is 3 ∶ 2. If the difference between the shares of A and C is Rs. 540, then the value of x is∶
A.	7425
B.	7290
C.	7155
D.	7020
Answer» D. 7020

Discussion

308.	A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A withdrew his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A’s share in the profit is:
A.	Rs. 6000
B.	Rs. 4000
C.	Rs. 8000
D.	Rs. 5000
Answer» C. Rs. 8000

Discussion

309.	A man loses 10 percent on selling 80 shirts for Rs. 72. What should be the selling price of 80 shirts to earn a profit of 30 percent ?
A.	Rs. 112
B.	Rs. 100
C.	Rs. 104
D.	Rs. 105
Answer» D. Rs. 105

Discussion

310.	If the profit made by a merchant on selling 45 m of cloth is equal to the selling price of 5 m of cloth, then his profit percentage is:
A.	9.09%
B.	12.5%
C.	11.11%
D.	10%
Answer» C. 11.11%

Discussion

311.	A cricket bat is purchased at a 20% discount. If the selling price of the bat is Rs. 1,000, what was the original price of the bat?
A.	Rs. 1,100
B.	Rs. 1,200
C.	Rs. 1,225
D.	Rs. 1,250
Answer» E.

Discussion

312.	Cost price of a calculator is Rs. 495. If the profit percentage is 40%, then what is the value (in Rs.) of profit?
A.	226
B.	198
C.	186
D.	218
Answer» C. 186

Discussion

313.	If 20% more would be gained by selling an article for ₹ 93 than selling it for ₹ 85, then the cost price of the article is:
A.	Rs. 64
B.	Rs. 40
C.	Rs. 56
D.	Rs. 60
Answer» C. Rs. 56

Discussion

314.	A man bought 5 items for 1 rupee, how many items should he sell for 1 rupee so that he gets a profit of 25%?
A.	3
B.	1
C.	4
D.	6
Answer» D. 6

Discussion

315.	By selling 32 articles, a shopkeeper gains the selling price of 12 articles. His gain percentage is∶
A.	\(31\dfrac{1}{4}\)%
B.	\(50\dfrac{1}{2}\)%
C.	60%
D.	64%
Answer» D. 64%

Discussion

316.	A salesman sells an article at 20% loss. Had he bought the article at 10% less and sold it at Rs. 20 more he would have made a profit of \(11\frac{1}{9}\% \). Find the selling price of the article.
A.	Rs. 90
B.	Rs. 80
C.	Rs. 120
D.	Rs. 100
Answer» C. Rs. 120

Discussion

317.	A material was purchased for Rs. 600. If 3/4 of the material is sold at a profit of 10% and the rest at a loss of 20%, find the percentage of overall profit or loss.
A.	3% loss
B.	4% loss
C.	2.5% profit
D.	5% profit
Answer» D. 5% profit

Discussion

318.	If the ratio of cost price and marked price of a shirt is 9 : 11, if the profit percentage and discount percentage are the same, then the profit percentage is:
A.	22.22 percent
B.	18.18 percent
C.	10 percent
D.	12.5 percent
Answer» D. 12.5 percent

Discussion

319.	An article is sold at a certain price. If it is sold at \(33\frac{1}{3}\% \) of this price, there is a loss of \(33\frac{1}{3}\%\) What is the percentage profit when it is sold at 60% of the original selling price?
A.	20
B.	\(33\frac{1}{3}\)
C.	\(17\frac{1}{3}\)
D.	1
Answer» B. \(33\frac{1}{3}\)

Discussion

320.	A man sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.
A.	Profit Rs. 50
B.	Loss Rs. 60
C.	Profit Rs. 60
D.	Loss Rs. 50
Answer» E.

Discussion

321.	By selling an article at the 9/11th of its actual selling price, a trader incurs a loss of 10%. What will be the profit percentage, if the article is sold for 5% less than its actual selling price?
A.	5
B.	\(4\frac{1}{2}\)
C.	\(5\frac{1}{2}\)
D.	4
Answer» C. \(5\frac{1}{2}\)

Discussion

322.	An article is sold at a loss of 15%. If the selling price is doubled, then what will be the profit percentage?
A.	75
B.	50
C.	70
D.	100
Answer» D. 100

Discussion

323.	A shopkeeper gives an initial discount of 15% on the marked price of the sewing machine. He then gives 8% additional discount on the discounted price. If the final sale price of the machine is Rs. 1,564, find the marked price.
A.	Rs. 3,000
B.	Rs. 2,500
C.	Rs. 2,000
D.	Rs. 3,500
Answer» D. Rs. 3,500

Discussion

324.	Amir gave two successive discounts of 10% and 20% on a pencil. If the marked price of the pencil is Rs 3200, then what is the total value (in Rs) of the two discounts together?
A.	940
B.	1086
C.	896
D.	1120
Answer» D. 1120

Discussion

325.	A sells 12 bicycles at a profit of Rs 516 per bicycle and sells 3 bicycles at a loss of Rs 129 per bicycle. If the total profit percentage on all the bicycles sold is 15% the cost price per bicycle is∶
A.	Rs. 2960
B.	Rs. 3870
C.	Rs. 4440
D.	Rs. 2580
Answer» E.

Discussion

326.	A trader allows two successive discounts of 5% each on the marked price of a sofa set for ₹24,500. The selling price of sofa set is:
A.	₹23,274.75
B.	₹23,275
C.	₹1,163.75
D.	₹22,111.25
Answer» E.

Discussion

327.	Find SP when MP = 160 and discount = 12%?
A.	140.80
B.	160.80
C.	132.80
D.	100
Answer» B. 160.80

Discussion

328.	A man gets a discount of 30% and then 20% on his food bill of Rs. 1250. How much amount does he have to pay?
A.	Rs. 550
B.	Rs. 500
C.	Rs. 700
D.	Rs. 350
Answer» D. Rs. 350

Discussion

329.	A man sold two gifts at Rs. 30 each, on one gift he gained 18%, and on the other gift, he lost 18%. What is his overall gain/loss (in Rs.)?
A.	Gain of Rs. 2.00
B.	Gain of Rs. 1.75
C.	Loss of Rs. 2.50
D.	Loss of Rs. 2.00
Answer» E.

Discussion

330.	Even after giving 40% discount on marked price, one jacket sold for Rs. 600 at 20% profit. If it is sold at marked price, what will be the percentage profit?A. 50%B. 75%C. 100%D. 425%
A.	B
B.	C
C.	A
D.	D
Answer» C. A

Discussion

331.	List the price of a bike is 15% more than it's cost price. It is sold at a discount of 20%. Find the dealer's loss or profit percetnage.
A.	Profit8%
B.	Profit 9%
C.	Loss 9%
D.	Loss 8%
Answer» E.

Discussion

332.	A sports store offers a 10% discount on its goods. The store offers a further discount of 5% on the reduced price to those customers who pay by credit cards. If a customer wants to purchase a ball for Rs. 100 and pays through a credit card, the amount (in Rs.) to be paid by the customer is:
A.	82.50
B.	92.50
C.	95
D.	85.50
Answer» E.

Discussion

333.	If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?
A.	5%, Loss
B.	10%, Loss
C.	2%, Loss
D.	7.5%, Profit
Answer» D. 7.5%, Profit

Discussion

334.	Mr. Kiran buys a toy for Rs. 40 and sells it for Rs. 45. Find the gain percentage.
A.	10%
B.	12.5%
C.	13%
D.	12%
Answer» C. 13%

Discussion

335.	If chairs are bought at Rs. 600 each and sold at Rs. 500 each, then what will be the loss percentage?
A.	12.53
B.	16.66
C.	18.52
D.	21.62
Answer» C. 18.52

Discussion

336.	An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is allowed on the sale price for cash payment. What is the net profit on cash sales?
A.	Rs. 400
B.	Rs. 312
C.	Rs. 360
D.	Rs. 320
Answer» C. Rs. 360

Discussion

337.	If the cost price of an article is Rs. x. It is marked up by 100%. It is sold at Rs. 1, 200 after giving 20% discount. What is value of x?
A.	750
B.	1500
C.	1000
D.	2000
Answer» B. 1500

Discussion

338.	A shopkeeper claims to sell rice at cost price. He uses a false weight with the intention of selling rice at 25% profit. After selling Rice to a customer, he realizes that the customer has paid 10 % less than what he should have paid. What is the actual profit percentage made by the shopkeeper?
A.	6.25%
B.	10%
C.	12.5%
D.	15%
Answer» D. 15%

Discussion

339.	A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged a tax of 10%.In the whole transaction he earned profit of Rs. 158.6. Find cost price of article.
A.	Rs. 750
B.	Rs. 760
C.	Rs. 744
D.	Rs. 757
E.	Rs. 748
Answer» B. Rs. 760

Discussion

340.	A dealer marks his goods at 30% above the cost price. Then he allows 35% discount on it. What would be his loss percentage?
A.	15.5%
B.	16.5%
C.	17.5%
D.	18.5%
Answer» B. 16.5%

Discussion

341.	A dealer buys an article marked at Rs. 5000 with two successive discounts of 20% and 5%. He spends Rs. 200 on repairs and sells it for Rs. 5000, what is his profit/loss percent?
A.	25% profit
B.	20% loss
C.	25% loss
D.	20% profit
Answer» B. 20% loss

Discussion

342.	A wholesaler had 200 dozens of mangoes. He sold some of these mangoes at 20% profit and the rest at 10% profit, so that he made 13% profit on selling all the mangoes. How many mangoes (in dozens) did he sell at 20% profit?
A.	140
B.	60
C.	80
D.	120
Answer» C. 80

Discussion

343.	Babu bought a cupboard for Rs. 2500 and sold it for Rs. 3500. Find the loss or gain percentage.
A.	36%
B.	28%
C.	25%
D.	40%
Answer» E.

Discussion

344.	Cost price of a refrigerator is Rs. 13400. If loss percentage is 4%, then what is the selling price (in Rs.) of the refrigerator?
A.	12203
B.	12864
C.	14420
D.	11312
Answer» C. 14420

Discussion

345.	A man bought a bike and a car for Rs. 500000. He sold the bike at a gain of 20% and the car at a loss 10%, thereby gaining 5% on the whole. The cost (in Rs) of the bike is.
A.	150000
B.	200000
C.	180000
D.	250000
Answer» E.

Discussion

346.	If I buy a radio for Rs. 300 and sell it for Rs. 330, my gain percentage is∶
A.	3%
B.	10%
C.	15%
D.	20%
Answer» C. 15%

Discussion

347.	A person sold an article for Rs. 1,500. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. If he sells the article now at a profit of 12%, then the selling price will be:
A.	Rs. 1,460
B.	Rs. 1,380
C.	Rs. 1,372
D.	Rs. 1,400
Answer» E.

Discussion

348.	A cloth seller sells 80% of his stock for a particular item and recovers the cost price. If he sells the remaining stock at the same price then what will be his profit percentage after selling the complete stock?
A.	20%
B.	25%
C.	40%
D.	10%
Answer» C. 40%

Discussion

349.	On selling a television at a 6% profit and a fridge at a 9% profit, a shopkeeper gains Rs. 5,100. However, if the shopkeeper sells the television at a 9% profit and the fridge at a 6% loss, he gains Rs. 1,800 on the whole transaction. The cost price (in Rs.) of the fridge is:
A.	35,000
B.	37,500
C.	30,000
D.	40,000
Answer» D. 40,000

Discussion

350.	A and B invest in a business in the ratio 3 ∶ 7. The business makes a profit of Rs. 60,000 in 1 year. They decide to distribute the profit remaining after reinvesting 40% of the profit. How much will A get (in Rs.)?
A.	25200
B.	15600
C.	10800
D.	20400
Answer» D. 20400

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Mangoes are bought at a rate of Rs. 10,000 per ton. If one-third of the total mangoes are sold at a loss of 4%, then at what price (per ton) should the remaining mangoes be sold so as to gain 30% on the whole transaction?

If a dining table with marked price Rs. 6,000 was sold to a customer for Rs. 5,520, then the rate of discount allowed on the marked price of the table is:

A person purchases bags at the rate of Rs. 128 per bag. If he sells bags on 20% profit, then what will be the selling price of 15 bags?

A shopkeeper marked a shirt 40% above the cost price and then gave a discount of 10%. He made a net profit of Rs. 702 after paying a tax of 10% on the gross profit. What is the cost price of the shirt?

A wholeseller buys an article for Rs. 42 and sells it for Rs. 36. What is his loss percent?

A vendor buys 6 bananas for Rs. 25 and sells them at 3 for Rs. 20. What is his profit percentage?

A sum of Rs. x is divided among A, B and C such that the ratio of the shares of A and B is 6 ∶ 7 and that of B and C is 3 ∶ 2. If the difference between the shares of A and C is Rs. 540, then the value of x is∶

A, B, C invest Rs. 20000, Rs. 30000, Rs. 40000 in a business. After one year, A withdrew his money but B and C continued for one more year. If the net profit after 2 years be Rs. 32000, then A’s share in the profit is:

A man loses 10 percent on selling 80 shirts for Rs. 72. What should be the selling price of 80 shirts to earn a profit of 30 percent ?

If the profit made by a merchant on selling 45 m of cloth is equal to the selling price of 5 m of cloth, then his profit percentage is:

A cricket bat is purchased at a 20% discount. If the selling price of the bat is Rs. 1,000, what was the original price of the bat?

Cost price of a calculator is Rs. 495. If the profit percentage is 40%, then what is the value (in Rs.) of profit?

If 20% more would be gained by selling an article for ₹ 93 than selling it for ₹ 85, then the cost price of the article is:

A man bought 5 items for 1 rupee, how many items should he sell for 1 rupee so that he gets a profit of 25%?

By selling 32 articles, a shopkeeper gains the selling price of 12 articles. His gain percentage is∶

A salesman sells an article at 20% loss. Had he bought the article at 10% less and sold it at Rs. 20 more he would have made a profit of \(11\frac{1}{9}\% \). Find the selling price of the article.

A material was purchased for Rs. 600. If 3/4 of the material is sold at a profit of 10% and the rest at a loss of 20%, find the percentage of overall profit or loss.

If the ratio of cost price and marked price of a shirt is 9 : 11, if the profit percentage and discount percentage are the same, then the profit percentage is:

An article is sold at a certain price. If it is sold at \(33\frac{1}{3}\% \) of this price, there is a loss of \(33\frac{1}{3}\%\) What is the percentage profit when it is sold at 60% of the original selling price?

A man sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.

By selling an article at the 9/11th of its actual selling price, a trader incurs a loss of 10%. What will be the profit percentage, if the article is sold for 5% less than its actual selling price?

An article is sold at a loss of 15%. If the selling price is doubled, then what will be the profit percentage?

A shopkeeper gives an initial discount of 15% on the marked price of the sewing machine. He then gives 8% additional discount on the discounted price. If the final sale price of the machine is Rs. 1,564, find the marked price.

Amir gave two successive discounts of 10% and 20% on a pencil. If the marked price of the pencil is Rs 3200, then what is the total value (in Rs) of the two discounts together?

A sells 12 bicycles at a profit of Rs 516 per bicycle and sells 3 bicycles at a loss of Rs 129 per bicycle. If the total profit percentage on all the bicycles sold is 15% the cost price per bicycle is∶

A trader allows two successive discounts of 5% each on the marked price of a sofa set for ₹24,500. The selling price of sofa set is:

Find SP when MP = 160 and discount = 12%?

A man gets a discount of 30% and then 20% on his food bill of Rs. 1250. How much amount does he have to pay?

A man sold two gifts at Rs. 30 each, on one gift he gained 18%, and on the other gift, he lost 18%. What is his overall gain/loss (in Rs.)?

Even after giving 40% discount on marked price, one jacket sold for Rs. 600 at 20% profit. If it is sold at marked price, what will be the percentage profit?A. 50%B. 75%C. 100%D. 425%

List the price of a bike is 15% more than it's cost price. It is sold at a discount of 20%. Find the dealer's loss or profit percetnage.

A sports store offers a 10% discount on its goods. The store offers a further discount of 5% on the reduced price to those customers who pay by credit cards. If a customer wants to purchase a ball for Rs. 100 and pays through a credit card, the amount (in Rs.) to be paid by the customer is:

If a shopkeeper marks the price of goods 40% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?

Mr. Kiran buys a toy for Rs. 40 and sells it for Rs. 45. Find the gain percentage.

If chairs are bought at Rs. 600 each and sold at Rs. 500 each, then what will be the loss percentage?

An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is allowed on the sale price for cash payment. What is the net profit on cash sales?

If the cost price of an article is Rs. x. It is marked up by 100%. It is sold at Rs. 1, 200 after giving 20% discount. What is value of x?

A shopkeeper claims to sell rice at cost price. He uses a false weight with the intention of selling rice at 25% profit. After selling Rice to a customer, he realizes that the customer has paid 10 % less than what he should have paid. What is the actual profit percentage made by the shopkeeper?

A shopkeeper marked the price of an article by 40% above cost price and gave discount of Rs. 224. On the final amount, he charged a tax of 10%.In the whole transaction he earned profit of Rs. 158.6. Find cost price of article.

A dealer marks his goods at 30% above the cost price. Then he allows 35% discount on it. What would be his loss percentage?

A dealer buys an article marked at Rs. 5000 with two successive discounts of 20% and 5%. He spends Rs. 200 on repairs and sells it for Rs. 5000, what is his profit/loss percent?

A wholesaler had 200 dozens of mangoes. He sold some of these mangoes at 20% profit and the rest at 10% profit, so that he made 13% profit on selling all the mangoes. How many mangoes (in dozens) did he sell at 20% profit?

Babu bought a cupboard for Rs. 2500 and sold it for Rs. 3500. Find the loss or gain percentage.

Cost price of a refrigerator is Rs. 13400. If loss percentage is 4%, then what is the selling price (in Rs.) of the refrigerator?

A man bought a bike and a car for Rs. 500000. He sold the bike at a gain of 20% and the car at a loss 10%, thereby gaining 5% on the whole. The cost (in Rs) of the bike is.

If I buy a radio for Rs. 300 and sell it for Rs. 330, my gain percentage is∶

A person sold an article for Rs. 1,500. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. If he sells the article now at a profit of 12%, then the selling price will be:

A cloth seller sells 80% of his stock for a particular item and recovers the cost price. If he sells the remaining stock at the same price then what will be his profit percentage after selling the complete stock?

On selling a television at a 6% profit and a fridge at a 9% profit, a shopkeeper gains Rs. 5,100. However, if the shopkeeper sells the television at a 9% profit and the fridge at a 6% loss, he gains Rs. 1,800 on the whole transaction. The cost price (in Rs.) of the fridge is:

A and B invest in a business in the ratio 3 ∶ 7. The business makes a profit of Rs. 60,000 in 1 year. They decide to distribute the profit remaining after reinvesting 40% of the profit. How much will A get (in Rs.)?