831 + Mcqs in Profit and Loss Page 12 McqOptions

551.	A man sold an article at a loss of 20%. If he could sell it for $ 200 more, he would make a profit of 5%. The cost price of the article is
A.	$ 700
B.	$ 800
C.	$ 850
D.	$ 900
Answer» C. $ 850

Discussion

552.	A man sells an article at a gain of 15%. If he had bought it at 10% less and sold it for $ 4 less, he would have gained 25%. The cost price of the article is
A.	$ 140
B.	$ 150
C.	$ 160
D.	$ 185
Answer» D. $ 185

Discussion

553.	On selling 17 balls at $ 720, there is a loss equal to the cost price of 5 balls. The cost price (in $) of a ball is
A.	$ 45
B.	$ 50
C.	$ 55
D.	$ 60
Answer» E.

Discussion

554.	A man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit percent is :
A.	20%
B.	25%
C.	50%
D.	15%
Answer» C. 50%

Discussion

555.	The loss incurred on selling 21 articles equals the selling price of 3 articles. Then the loss per cent is
A.	<table><tr><td rowspan="2">9</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><td align="center">11</td></table>
B.	10%
C.	<table><tr><td rowspan="2">12</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><td align="center">2</td></table>
D.	<table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><td align="center">9</td></table>
Answer» D. <table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><td align="center">9</td></table>

Discussion

556.	If the profit on selling an article for $ 425 is the same as the loss on selling it for $ 355, then the cost price of the article is
A.	$ 370
B.	$ 380
C.	$ 390
D.	$ 400
Answer» D. $ 400

Discussion

557.	A merchant sold an article for $ 75 at a profit percent equal to its cost price. The cost price of the article was :
A.	$ 45
B.	$ 50
C.	$ 54
D.	$ 60
Answer» C. $ 54

Discussion

558.	The marked price of an article is Rs. 5000. But due to a special festive offer a certain percent of discount is declared. Mr. X availed this opportunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of (100 / 9) %. The percentage of discount allowed was
A.	10
B.	<table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2"></td></tr><td align="center">3</td></table>
C.	<table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2"></td></tr><td align="center">2</td></table>
D.	<table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2"></td></tr><td align="center">9</td></table>
Answer» B. <table><tr><td rowspan="2">3</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2"></td></tr><td align="center">3</td></table>

Discussion

559.	Profit after selling a commodity for $ 524 is the same as loss after selling it for $ 452. The cost price of the commodity is
A.	$ 480
B.	$ 500
C.	$ 488
D.	$ 485
Answer» D. $ 485

Discussion

560.	Mohan purchased a bag with 20 per cent discount on the labelled price. He sold it at 40 percent profit on the price he bought. The percentage of profit on the labelled price is :
A.	20%
B.	12%
C.	18%
D.	24%
Answer» C. 18%

Discussion

561.	Pratap buys a watch at (4 / 5) th of its marked price and sells it for 17% more than its marked price. His profit based on its cost is
A.	Rs. 20
B.	Rs. 25
C.	Rs. 37
D.	Rs. 17
E.	None of these
Answer» F.

Discussion

562.	A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is $ 440. Then the marked price of the article is
A.	$ 490
B.	$ 500
C.	$ 600
D.	$ 550
Answer» C. $ 600

Discussion

563.	A got 30% concession on the label price of an article sold for $ 8,750 with 25% profit on the price he bought. The label price was
A.	$ 13,000
B.	$ 16,000
C.	$ 12,000
D.	$ 10,000
Answer» E.

Discussion

564.	A publisher printed 2000 copies of a book at a cost of $ 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is $ 75. What is his gain or loss percentage?
A.	20% gain
B.	20% loss
C.	10% loss
D.	10% gain
Answer» B. 20% loss

Discussion

565.	At what percent above the cost price, must a shop keeper marks his goods so that he gains 20% even after giving a discount of 10% on the marked price?
A.	25%
B.	30%
C.	<table><tr><td rowspan="2">33</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
D.	<table><tr><td rowspan="2">37</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2">%</td></tr><td align="center">2</td></table>
E.
Answer» D. <table><tr><td rowspan="2">37</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2">%</td></tr><td align="center">2</td></table>

Discussion

566.	A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains $ 56 on one item, his advertised price of the item, (in $) is
A.	$ 820
B.	$ 780
C.	$ 790
D.	$ 800
Answer» E.

Discussion

567.	Rita bought a television set with 20% discount on the labelled price. She made a profit of $ 800 by selling it for $ 16,800. The labelled price of the set was
A.	$ 18,000
B.	$ 20,000
C.	$ 20,800
D.	$ 24,000
Answer» C. $ 20,800

Discussion

568.	A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19%?
A.	34%
B.	40%
C.	25%
D.	30%
Answer» C. 25%

Discussion

569.	The cost price of an article is $ 800. After allowing a discount of 10%, a gain of 12.5% was made. Then the marked price of the article is
A.	$ 1,000
B.	$ 1,100
C.	$ 1,200
D.	$ 1,300
Answer» B. $ 1,100

Discussion

570.	A dealer purchased a washing machine for $ 7,660. After allowing a discount of 12% on its marked price, he still gains 10%. Find the marked price of the washing machine.
A.	$ 9,575
B.	$ 8,426
C.	$ 8,246
D.	$ 9,755
Answer» B. $ 8,426

Discussion

571.	How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price?
A.	50%
B.	40%
C.	60%
D.	45%
Answer» B. 40%

Discussion

572.	The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is $ 300, then original selling price is
A.	$ 200
B.	$ 250
C.	$ 240
D.	$ 275
Answer» C. $ 240

Discussion

573.	The cost of manufacture of a tape recorder is $ 1,500. The manufacturer fixes the marked price 20% above the cost of manufacture and allows a discount in such a way as to get a profit of 8%. The rate of discount is
A.	12%
B.	8%
C.	20%
D.	10%
Answer» E.

Discussion

574.	The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of sale, the seller bears :
A.	no loss, no gain
B.	a loss of 5%
C.	a gain of 1%
D.	a loss of 1%
Answer» E.

Discussion

575.	Arvind purchased a wristwatch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his per cent loss on the labelled price?
A.	2%
B.	6%
C.	4%
D.	8%
Answer» B. 6%

Discussion

576.	To gain 8% after allowing a discount of 10%, by what per cent cost price should be hiked in the list price?
A.	9%
B.	11%
C.	18%
D.	20%
Answer» E.

Discussion

577.	A shopkeeper sold sarees at $ 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?
A.	$ 280
B.	$ 260
C.	$ 240
D.	$ 250
Answer» E.

Discussion

578.	A trader marked the price of a commodity so as to include a profit of 25%, but allowed a discount of 16% on the marked price. His actual profit will be
A.	16%
B.	25%
C.	5%
D.	9%
Answer» D. 9%

Discussion

579.	Richa purchased an article at (4 / 5) of its list price and sold it at 20% more than the list price. Richa s profit percent was
A.	50%
B.	40%
C.	30%
D.	25%
Answer» B. 40%

Discussion

580.	A tradesman marks his goods 30% more than the cost price. If he allows a discount of (25 / 4)% , then his gain percent is
A.	<table><tr><td rowspan="2">23</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 3</center></td><td rowspan="2">%</td></tr><td align="center">4</td></table>
B.	22%
C.	<table><tr><td rowspan="2">21</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 7</center></td><td rowspan="2">%</td></tr><td align="center">8</td></table>
D.
E.	30%
Answer» D.

Discussion

581.	A shopkeeper offers a discount of 10% on his articles. The marked price of the article is $ 450. The selling price should be
A.	$ 395
B.	$ 410
C.	$ 405
D.	$ 400
Answer» D. $ 400

Discussion

582.	A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much percent above the cost price is the marked price?
A.	36%
B.	27%
C.	30%
D.	40%
Answer» D. 40%

Discussion

583.	By selling an article at (2 / 3) of the marked price, there is a loss of 10%. The profit per cent, when the article is sold at the marked price, is
A.	20%
B.	30%
C.	35%
D.	40%
Answer» D. 40%

Discussion

584.	The profit percent of a bookseller if he sells book at marked price after enjoying a commission of 25% on marked price will be :
A.	30%
B.	25%
C.	20%
D.	<table><tr><td rowspan="2">33</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 1</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
Answer» E.

Discussion

585.	After selling 5% of a quantity of sugar, 5 kg. of sugar remains. Find the total quantity of sugar.
A.	19 kg.
B.	<table><tr><td rowspan="2">5</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center> 5</center></td><td rowspan="2">kg.</td></tr><td align="center">19</td></table>
C.	100 kg.
D.	95 kg.
Answer» C. 100 kg.

Discussion

586.	If the sales tax be reduced from (7 / 2 )% to (10 / 3) % , what difference does it make to a person who purchases an article whose marked price is $ 8,400?
A.	$ 20
B.	$ 15
C.	$ 14
D.	$ 10
Answer» D. $ 10

Discussion

587.	12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is :
A.	Rs. 120
B.	Rs. 150
C.	Rs. 1200
D.	Rs. 1500
Answer» B. Rs. 150

Discussion

588.	The selling price of an article is (8 / 5) th of its cost price. Then the gain percentage is
A.	20%
B.	28%
C.	60%
D.	68%
Answer» D. 68%

Discussion

589.	Mr. Y purchased a flat for $ 9,25, 000 and spent $ 35, 000 for its renovation. If he sold the flat for $ 10, 80, 000 then his profit per cent is
A.	15.0
B.	17.5
C.	20.0
D.	12.5
Answer» E.

Discussion

590.	Sourav purchased 30 kg of rice at the rate of $ 10 per kg and 35 kg at the rate of $ 11 per kg. He mixed the two. At what price per kg (in $) should he sell the mixture to make a 30% profit in the transaction?
A.	12.5
B.	13
C.	13.7
D.	14.25
Answer» D. 14.25

Discussion

591.	By selling 90 ball pens for $ 160 a person loses 20%. The number of ball pens, which should be sold for $ 96 so as to have a profit of 20% is
A.	36
B.	37
C.	46
D.	47
Answer» B. 37

Discussion

592.	The ratio in which the Darjeeling tea at $ 32 per kg is mixed with the Assam tea at $ 25 per kg so as to gain 20% by selling the mixture at $ 32.40 per kg is
A.	4 : 3
B.	3 : 4
C.	5 : 2
D.	2 : 5
Answer» E.

Discussion

593.	The ratio of the quantities of sugar, in which sugar costing $ 20 per kg. and $ 15 per kg. should be mixed so that there will be neither loss nor gain on selling the mixed sugar at the rate of $ 16 per kg, is
A.	2 : 1
B.	1 : 2
C.	4 :1
D.	1 : 4
Answer» E.

Discussion

594.	In what ratio Darjeeling Tea costing $ 320 per kg be mixed with Assam Tea costing $ 250 per kg so that there is a gain of 20% by selling the mixture at $ 324 per kg?
A.	1 : 2
B.	2 : 3
C.	3 : 2
D.	2 : 5
Answer» E.

Discussion

595.	A, B and C entered into a partnership. A invested $ 2,560 and B $ 2,000. At the end of the year, they gained $ 1,105, out of which A got $ 320. C s capital was
A.	$ 4,280
B.	$ 2,840
C.	$ 4,820
D.	$ 4,028
Answer» B. $ 2,840

Discussion

596.	A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining 5,000. How much did A receive?
A.	5,000
B.	4,000
C.	3,000
D.	1,000
Answer» C. 3,000

Discussion

597.	A shopkeeper bought 15kg of rice at the rate of $ 29 per kg and 25kg of rice at the rate of $ 20 per kg. He sold the mixture of both types of rice at the rate of $ 27 per kg. His profit in this transaction is
A.	$ 125
B.	$ 150
C.	$ 140
D.	$ 145
Answer» E.

Discussion

598.	A, B, C enter into a partnership. A contributes $ 3,20,000 for 4 months, B contributes $ 5,10,000 for 3 months and C contributes $ 2,70,000 for 5 months. If the total profit be $ 1,24,800, then A s share in the profit is
A.	$ 38,400
B.	$ 45,900
C.	$ 40,500
D.	$ 41,500
Answer» B. $ 45,900

Discussion

599.	A, B and C rent a pasture. A puts in 10 oxen for 7 months, B 12 oxen for 5 months and C 15 oxen for 3 months for grazing. If the rent of the pasture is $ 175, how much must C pay as his share of rent?
A.	$ 45/-
B.	$ 50/-
C.	$ 55/-
D.	$ 60/-
Answer» B. $ 50/-

Discussion

600.	If the ratio of cost price to selling price is 10 : 11, then the rate of percent of profit is
A.	1.1%
B.	0.1%
C.	10%
D.	1%
Answer» D. 1%

Discussion

Explore topic-wise MCQs in Aptitude.

A man sold an article at a loss of 20%. If he could sell it for $ 200 more, he would make a profit of 5%. The cost price of the article is

A man sells an article at a gain of 15%. If he had bought it at 10% less and sold it for $ 4 less, he would have gained 25%. The cost price of the article is

On selling 17 balls at $ 720, there is a loss equal to the cost price of 5 balls. The cost price (in $) of a ball is

A man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit percent is :

The loss incurred on selling 21 articles equals the selling price of 3 articles. Then the loss per cent is

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

A merchant sold an article for $ 75 at a profit percent equal to its cost price. The cost price of the article was :

Profit after selling a commodity for $ 524 is the same as loss after selling it for $ 452. The cost price of the commodity is

Mohan purchased a bag with 20 per cent discount on the labelled price. He sold it at 40 percent profit on the price he bought. The percentage of profit on the labelled price is :

Pratap buys a watch at (4 / 5) th of its marked price and sells it for 17% more than its marked price. His profit based on its cost is

A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is $ 440. Then the marked price of the article is

A got 30% concession on the label price of an article sold for $ 8,750 with 25% profit on the price he bought. The label price was

A publisher printed 2000 copies of a book at a cost of $ 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is $ 75. What is his gain or loss percentage?

At what percent above the cost price, must a shop keeper marks his goods so that he gains 20% even after giving a discount of 10% on the marked price?

A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains $ 56 on one item, his advertised price of the item, (in $) is

Rita bought a television set with 20% discount on the labelled price. She made a profit of $ 800 by selling it for $ 16,800. The labelled price of the set was

A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19%?

The cost price of an article is $ 800. After allowing a discount of 10%, a gain of 12.5% was made. Then the marked price of the article is

A dealer purchased a washing machine for $ 7,660. After allowing a discount of 12% on its marked price, he still gains 10%. Find the marked price of the washing machine.

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price?

The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is $ 300, then original selling price is

The cost of manufacture of a tape recorder is $ 1,500. The manufacturer fixes the marked price 20% above the cost of manufacture and allows a discount in such a way as to get a profit of 8%. The rate of discount is

The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of sale, the seller bears :

Arvind purchased a wristwatch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his per cent loss on the labelled price?

To gain 8% after allowing a discount of 10%, by what per cent cost price should be hiked in the list price?

A shopkeeper sold sarees at $ 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?

A trader marked the price of a commodity so as to include a profit of 25%, but allowed a discount of 16% on the marked price. His actual profit will be

Richa purchased an article at (4 / 5) of its list price and sold it at 20% more than the list price. Richa s profit percent was

A tradesman marks his goods 30% more than the cost price. If he allows a discount of (25 / 4)% , then his gain percent is

A shopkeeper offers a discount of 10% on his articles. The marked price of the article is $ 450. The selling price should be

A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much percent above the cost price is the marked price?

By selling an article at (2 / 3) of the marked price, there is a loss of 10%. The profit per cent, when the article is sold at the marked price, is

The profit percent of a bookseller if he sells book at marked price after enjoying a commission of 25% on marked price will be :

After selling 5% of a quantity of sugar, 5 kg. of sugar remains. Find the total quantity of sugar.

If the sales tax be reduced from (7 / 2 )% to (10 / 3) % , what difference does it make to a person who purchases an article whose marked price is $ 8,400?

12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is :

The selling price of an article is (8 / 5) th of its cost price. Then the gain percentage is

Mr. Y purchased a flat for $ 9,25, 000 and spent $ 35, 000 for its renovation. If he sold the flat for $ 10, 80, 000 then his profit per cent is

Sourav purchased 30 kg of rice at the rate of $ 10 per kg and 35 kg at the rate of $ 11 per kg. He mixed the two. At what price per kg (in $) should he sell the mixture to make a 30% profit in the transaction?

By selling 90 ball pens for $ 160 a person loses 20%. The number of ball pens, which should be sold for $ 96 so as to have a profit of 20% is

The ratio in which the Darjeeling tea at $ 32 per kg is mixed with the Assam tea at $ 25 per kg so as to gain 20% by selling the mixture at $ 32.40 per kg is

The ratio of the quantities of sugar, in which sugar costing $ 20 per kg. and $ 15 per kg. should be mixed so that there will be neither loss nor gain on selling the mixed sugar at the rate of $ 16 per kg, is

In what ratio Darjeeling Tea costing $ 320 per kg be mixed with Assam Tea costing $ 250 per kg so that there is a gain of 20% by selling the mixture at $ 324 per kg?

A, B and C entered into a partnership. A invested $ 2,560 and B $ 2,000. At the end of the year, they gained $ 1,105, out of which A got $ 320. C s capital was

A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining 5,000. How much did A receive?

A shopkeeper bought 15kg of rice at the rate of $ 29 per kg and 25kg of rice at the rate of $ 20 per kg. He sold the mixture of both types of rice at the rate of $ 27 per kg. His profit in this transaction is

A, B, C enter into a partnership. A contributes $ 3,20,000 for 4 months, B contributes $ 5,10,000 for 3 months and C contributes $ 2,70,000 for 5 months. If the total profit be $ 1,24,800, then A s share in the profit is

A, B and C rent a pasture. A puts in 10 oxen for 7 months, B 12 oxen for 5 months and C 15 oxen for 3 months for grazing. If the rent of the pasture is $ 175, how much must C pay as his share of rent?

If the ratio of cost price to selling price is 10 : 11, then the rate of percent of profit is