831 + Mcqs in Profit and Loss Page 10 McqOptions

451.	A house worth $ 1,50,000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then in the entire transaction?
A.	X gains $ 4,350
B.	X loses $ 4,350
C.	X gains $ 3,150
D.	X loses $ 3,150
Answer» D. X loses $ 3,150

Discussion

452.	If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be :
A.	25%
B.	<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>
C.	<table><tr><td rowspan="2">66</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
D.	50%
Answer» C. <table><tr><td rowspan="2">66</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>

Discussion

453.	A person sells a table at a profit of 10%. If he had bought the table at 5% less cost and sold for $ 80 more, he would have gained 20%. The cost price of the table is
A.	$ 3,200
B.	$ 2,500
C.	$ 2,000
D.	$ 200
Answer» D. $ 200

Discussion

454.	A merchant fixes the sale price of his goods at 15% above the cost price. He sells his goods at 12% less than the fixed price. His percentage of profit is :
A.	<table><tr><td rowspan="2">2</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>
B.	<table><tr><td rowspan="2">1</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">5</td></table>
C.	<table><tr><td rowspan="2">1</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.	2%
Answer» C. <table><tr><td rowspan="2">1</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

455.	An increase of 20% in the price of mangoes enables a person to purchase 4 mangoes less for $ 40. The price of 15 mangoes before increase was
A.	$ 10
B.	$ 15
C.	$ 20
D.	$ 25
Answer» E.

Discussion

456.	A reduction of 15% in the price of apples would enable a purchaser to get 2 kg more apples for $ 240. The new price (per kg) of apples is
A.	$ 15
B.	$ 18
C.	$ 20
D.	$ 36
Answer» C. $ 20

Discussion

457.	If the price of eraser is reduced by 25% a person can buy 2 more erasers for a rupee. How many erasers are available for a rupee?
A.	8
B.	6
C.	4
D.	2
Answer» B. 6

Discussion

458.	A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is
A.	<table><tr><td rowspan="2">28</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">8</td></table>
B.	<table><tr><td rowspan="2">30</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><td align="center">8</td></table>
C.	<table><tr><td rowspan="2">36</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><td align="center">9</td></table>
D.	35%
Answer» C. <table><tr><td rowspan="2">36</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><td align="center">9</td></table>

Discussion

459.	If a man reduces the selling price of a fan from Rs. 1,250 to Rs. 1,000, his loss increases by 20%. The cost price of the fan is
A.	Rs. 2,400
B.	Rs. 2,450
C.	Rs. 2,500
D.	Rs. 2,350
Answer» D. Rs. 2,350

Discussion

460.	A dealer makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter. If he makes a profit of $ 7500 on the sale of the scooter, the advertised price was
A.	$ 45000
B.	$ 47500
C.	$ 50000
D.	$ 52500
Answer» D. $ 52500

Discussion

461.	A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be :
A.	40%
B.	140%
C.	100%
D.	120%
Answer» C. 100%

Discussion

462.	A man gets $ 13 more by selling an article at a profit of (25 / 2) % and than selling it at a loss of (25 / 2) %. The cost price of the article is :
A.	$ 25.50
B.	$ 38
C.	$ 52
D.	$ 65
Answer» D. $ 65

Discussion

463.	An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched $ 35 more. The cost price of the article is :
A.	$ 650
B.	$ 700
C.	$ 750
D.	$ 800
Answer» C. $ 750

Discussion

464.	An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second is
A.	15%
B.	12%
C.	10%
D.	5%
Answer» B. 12%

Discussion

465.	Raghavan purchased a scooter at (13 / 15) of its selling price and sold it at 12% more than its selling price. His gain is.
A.	20%
B.	30%
C.	<table><tr><td rowspan="2">38</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">13</td></table>
D.	<table><tr><td rowspan="2">29</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">13</td></table>
Answer» E.

Discussion

466.	If an article is sold at a gain of 5% instead of being sold at a loss of 5%, one gets $ 5 more. What is the cost price of the article?
A.	$ 100
B.	$ 105
C.	$ 50
D.	$ 110
Answer» D. $ 110

Discussion

467.	A person sells an article for $ 75 and gains as much percent as the cost price of the article in rupees. The cost price of the article is
A.	$ 37.50
B.	$ 40
C.	$ 50
D.	$ 150
Answer» D. $ 150

Discussion

468.	The percentage of loss when an article is sold at $ 50 is the same as that of the profit when it is sold at $ 70. The above-mentioned percentage of profit or loss on the article is
A.	10%
B.	<table><tr><td rowspan="2">16</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
C.	20%
D.	<table><tr><td rowspan="2">22</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
Answer» C. 20%

Discussion

469.	An increase of $ 3 in the selling price of an article turns a loss of (15 / 2) % into a gain of (15 / 2) % . The cost price (in $) of the article is:
A.	25
B.	20
C.	15
D.	10
Answer» C. 15

Discussion

470.	By selling a table for $ 350 instead of $ 400, loss percent increases by 5%. The cost price of the table is :
A.	$ 1050
B.	$ 417.50
C.	$ 435
D.	$ 1000
Answer» E.

Discussion

471.	If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is $ 1,265, is
A.	$ 700
B.	$ 750
C.	$ 800
D.	$ 900
Answer» D. $ 900

Discussion

472.	A dealer sold (3 / 4) of his articles at a gain of 20% and the remaining at cost price. The gain percent earned by him in the whole transaction is
A.	13%
B.	14%
C.	15%
D.	16%
Answer» D. 16%

Discussion

473.	By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils. His gain percent is
A.	25%
B.	20%
C.	15%
D.	12%
Answer» B. 20%

Discussion

474.	A tradesman, by means of a false balance defrauds 10 percent in buying goods and also defrauds 10 percent in selling. His gain percent is
A.	10%
B.	11%
C.	21%
D.	100%
Answer» D. 100%

Discussion

475.	The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, the profit earned by the third seller is
A.	20%
B.	15%
C.	10%
D.	5%
Answer» D. 5%

Discussion

476.	If the difference between the selling prices of an article at profit of 6% and 4% is $ 3, then the cost price of the article should be :
A.	$ 100
B.	$ 150
C.	$ 175
D.	$ 200
Answer» C. $ 175

Discussion

477.	The difference between the selling price and cost price of an article is $ 210. If the profit percent is 25, then the selling price of the article is
A.	$ 950
B.	$ 1,050
C.	$ 1,150
D.	$ 1,250
Answer» C. $ 1,150

Discussion

478.	The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is $ 10. The cost price of the article is
A.	$ 100
B.	$ 120
C.	$ 150
D.	$ 200
Answer» E.

Discussion

479.	A shopkeeper sold one-third of his goods at a loss of 15%. To get a profit of 10% on the whole transaction, he should sell the remaining articles at a profit of
A.	<table><tr><td rowspan="2">22</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>
B.	<table><tr><td rowspan="2">16</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
C.	15%
D.	25%
Answer» B. <table><tr><td rowspan="2">16</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>

Discussion

480.	A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg. more for $ 100. The reduced price of salt per kg is :
A.	$ 4
B.	$ 5
C.	$ 6.25
D.	$ 6.50
Answer» C. $ 6.25

Discussion

481.	A trader bought 10 kg of apples for $ 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10%, at what rate should he sell the remaining apples per kg?
A.	$ 45
B.	$ 49.50
C.	$ 50
D.	$ 51
Answer» C. $ 50

Discussion

482.	Rahul buys a book for $ 400 and sells it for $ 500. The difference between his profit as a percentage of the buying price and then as a percentage of the selling price is
A.	25%
B.	5%
C.	0%
D.	20%
Answer» C. 0%

Discussion

483.	A shopkeeper purchased a TV for $ 2,000 and a radio for $ 750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total loss or gain is
A.	Gain $ 352.50
B.	Gain $ 362.50
C.	Loss $ 332
D.	Loss $ 300
Answer» C. Loss $ 332

Discussion

484.	A man purchases two fans for $ 2,160. By selling one fan at a profit of 15% and the other at a loss of 9% he neither gains nor loses in the whole transaction. Find the cost price of each fan in $.
A.	$ 710,$ 1450
B.	$ 1530,$ 630
C.	$ 810, $ 1350
D.	$ 1340,$ 820
Answer» D. $ 1340,$ 820

Discussion

485.	A man sells two chairs at $ 120 each and by doing so gains 25% on one chair and loses 25% on the other. His loss on the whole in $ is
A.	$ 20
B.	$ 16
C.	$ 25
D.	$ 30
Answer» C. $ 25

Discussion

486.	A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be
A.	20% gain
B.	25% loss
C.	10% gain
D.	15% loss
Answer» D. 15% loss

Discussion

487.	Nikita bought 30 kg of wheat at the rate of $ 9.50 per kg and 40 kg of wheat at the rate of $ 8.50 per kg and mixed them. She sold the mixture at the rate of $ 8.90 per kg. Her total profit or loss in the transaction was :
A.	$ 2 loss
B.	$ 2 profit
C.	$ 7 loss
D.	$ 7 profit
Answer» B. $ 2 profit

Discussion

488.	A shopkeeper blends two varieties of tea costing $ 18 and $ 13 per 100 gm in the ratio 7 : 3. He sells the blended variety at the rate of $ 18.15 per 100 gm. His percentage gain in the transaction is
A.	10%
B.	12%
C.	14%
D.	8%
Answer» B. 12%

Discussion

489.	When the price of cloth was reduced by 25%, the quantity of cloth sold increased by 20%. What was the effect on gross receipt of the shop?
A.	5% increase
B.	5% decrease
C.	10% increase
D.	10% decrease
Answer» E.

Discussion

490.	A man sold two watches for $ 240 each. On one he gains 20% and incurs a loss of 20% on another. What is his gain or loss percent in this transaction?
A.	1% profit
B.	2% loss
C.	4% profit
D.	4% loss
Answer» E.

Discussion

491.	A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at his cost price. In the total transaction, his gain or loss will be
A.	5% profit
B.	Neither loss nor gain
C.	5% loss
D.	10% profit
Answer» B. Neither loss nor gain

Discussion

492.	Two bicycles were sold for $ 3990 each, gaining 5% on one and losing 5% on other. The gain or loss percent on the whole transaction is :
A.	neither gain nor loss
B.	2.5% gain
C.	2.5% loss
D.	0.25% loss
Answer» E.

Discussion

493.	Kewal sells two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is
A.	1% gain
B.	1% loss
C.	No loss or gain
D.	2% loss
Answer» C. No loss or gain

Discussion

494.	A man sells two pipes at $ 12 each. He gains 20% on one and loses 20% on the other. In the whole transaction, there is
A.	neither loss nor gain
B.	profit of $ 1
C.	loss of $ 1
D.	Profit of $ 2
Answer» D. Profit of $ 2

Discussion

495.	A man sells two articles at $ 99 each. On one he gains 10% and on the other he loses 10%. What is his gain or loss percent on the whole transaction?
A.	Loss, 1%
B.	Loss, 1.5%
C.	Profit, 1%
D.	Profit, 1.5%
Answer» B. Loss, 1.5%

Discussion

496.	A shopkeeper sells two T.V. sets at the same price. There is a gain of 20% on one TV and a loss of 20% on the other. State which of the following statement is correct :
A.	The shopkeeper makes no net gain or profit
B.	The shopkeeper loses by 2%
C.	The shopkeeper gains by 4%
D.	The shopkeeper loses by 4%
Answer» E.

Discussion

497.	A house and a shop were sold for $ 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in :
A.	no loss no gain
B.	<table><tr><td rowspan="2">gain of $</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">lakh</td></tr><td align="center">24</td></table>
C.	<table><tr><td rowspan="2">loss of $</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">lakh</td></tr><td align="center">12</td></table>
D.	<table><tr><td rowspan="2">loss of $</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">lakh</td></tr><td align="center">18</td></table>
Answer» D. <table><tr><td rowspan="2">loss of $</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">lakh</td></tr><td align="center">18</td></table>

Discussion

498.	A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays $ 2,860 for it, then the price at which A bought it is
A.	$ 1,000
B.	$ 1,600
C.	$ 2,000
D.	$ 2,500
Answer» D. $ 2,500

Discussion

499.	A sells an article to B at a gain of 20% and B sells it to C at a gain of 10% and C sells it to D at a gain of (26 / 2) %. If D pays $ 29.70, A purchased the article for
A.	$ 40
B.	$ 10
C.	$ 20
D.	$ 30
Answer» D. $ 30

Discussion

500.	A sells an article to B at a gain of 10%. B sells it to C at a gain of 7
A.	$ 2800
B.	$ 2580
C.	$ 2670
D.	$ 2838
Answer» E.

Discussion

Explore topic-wise MCQs in Aptitude.

A house worth $ 1,50,000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then in the entire transaction?

If 3 toys are sold at the cost price of 4 toys of the same kind, the profit will be :

A person sells a table at a profit of 10%. If he had bought the table at 5% less cost and sold for $ 80 more, he would have gained 20%. The cost price of the table is

A merchant fixes the sale price of his goods at 15% above the cost price. He sells his goods at 12% less than the fixed price. His percentage of profit is :

An increase of 20% in the price of mangoes enables a person to purchase 4 mangoes less for $ 40. The price of 15 mangoes before increase was

A reduction of 15% in the price of apples would enable a purchaser to get 2 kg more apples for $ 240. The new price (per kg) of apples is

If the price of eraser is reduced by 25% a person can buy 2 more erasers for a rupee. How many erasers are available for a rupee?

A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is

If a man reduces the selling price of a fan from Rs. 1,250 to Rs. 1,000, his loss increases by 20%. The cost price of the fan is

A dealer makes a profit of 20% even after giving a 10% discount on the advertised price of a scooter. If he makes a profit of $ 7500 on the sale of the scooter, the advertised price was

A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be :

A man gets $ 13 more by selling an article at a profit of (25 / 2) % and than selling it at a loss of (25 / 2) %. The cost price of the article is :

An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched $ 35 more. The cost price of the article is :

An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second is

Raghavan purchased a scooter at (13 / 15) of its selling price and sold it at 12% more than its selling price. His gain is.

If an article is sold at a gain of 5% instead of being sold at a loss of 5%, one gets $ 5 more. What is the cost price of the article?

A person sells an article for $ 75 and gains as much percent as the cost price of the article in rupees. The cost price of the article is

The percentage of loss when an article is sold at $ 50 is the same as that of the profit when it is sold at $ 70. The above-mentioned percentage of profit or loss on the article is

An increase of $ 3 in the selling price of an article turns a loss of (15 / 2) % into a gain of (15 / 2) % . The cost price (in $) of the article is:

By selling a table for $ 350 instead of $ 400, loss percent increases by 5%. The cost price of the table is :

If a manufacturer gains 10 percent, wholesaler 15 percent and retailer 25 percent, then the production cost of an article, whose retail price is $ 1,265, is

A dealer sold (3 / 4) of his articles at a gain of 20% and the remaining at cost price. The gain percent earned by him in the whole transaction is

By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils. His gain percent is

A tradesman, by means of a false balance defrauds 10 percent in buying goods and also defrauds 10 percent in selling. His gain percent is

The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, the profit earned by the third seller is

If the difference between the selling prices of an article at profit of 6% and 4% is $ 3, then the cost price of the article should be :

The difference between the selling price and cost price of an article is $ 210. If the profit percent is 25, then the selling price of the article is

The difference between the selling prices of an article at a profit of 15% and at a profit of 10% is $ 10. The cost price of the article is

A shopkeeper sold one-third of his goods at a loss of 15%. To get a profit of 10% on the whole transaction, he should sell the remaining articles at a profit of

A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg. more for $ 100. The reduced price of salt per kg is :

A trader bought 10 kg of apples for $ 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10%, at what rate should he sell the remaining apples per kg?

Rahul buys a book for $ 400 and sells it for $ 500. The difference between his profit as a percentage of the buying price and then as a percentage of the selling price is

A shopkeeper purchased a TV for $ 2,000 and a radio for $ 750. He sells the TV at a profit of 20% and the radio at a loss of 5%. The total loss or gain is

A man purchases two fans for $ 2,160. By selling one fan at a profit of 15% and the other at a loss of 9% he neither gains nor loses in the whole transaction. Find the cost price of each fan in $.

A man sells two chairs at $ 120 each and by doing so gains 25% on one chair and loses 25% on the other. His loss on the whole in $ is

A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be

Nikita bought 30 kg of wheat at the rate of $ 9.50 per kg and 40 kg of wheat at the rate of $ 8.50 per kg and mixed them. She sold the mixture at the rate of $ 8.90 per kg. Her total profit or loss in the transaction was :

A shopkeeper blends two varieties of tea costing $ 18 and $ 13 per 100 gm in the ratio 7 : 3. He sells the blended variety at the rate of $ 18.15 per 100 gm. His percentage gain in the transaction is

When the price of cloth was reduced by 25%, the quantity of cloth sold increased by 20%. What was the effect on gross receipt of the shop?

A man sold two watches for $ 240 each. On one he gains 20% and incurs a loss of 20% on another. What is his gain or loss percent in this transaction?

A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at his cost price. In the total transaction, his gain or loss will be

Two bicycles were sold for $ 3990 each, gaining 5% on one and losing 5% on other. The gain or loss percent on the whole transaction is :

Kewal sells two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is

A man sells two pipes at $ 12 each. He gains 20% on one and loses 20% on the other. In the whole transaction, there is

A man sells two articles at $ 99 each. On one he gains 10% and on the other he loses 10%. What is his gain or loss percent on the whole transaction?

A shopkeeper sells two T.V. sets at the same price. There is a gain of 20% on one TV and a loss of 20% on the other. State which of the following statement is correct :

A house and a shop were sold for $ 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in :

A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays $ 2,860 for it, then the price at which A bought it is

A sells an article to B at a gain of 20% and B sells it to C at a gain of 10% and C sells it to D at a gain of (26 / 2) %. If D pays $ 29.70, A purchased the article for

A sells an article to B at a gain of 10%. B sells it to C at a gain of 7