831 + Mcqs in Profit and Loss in Aptitude Page 3 McqOptions

101.	A dealer buys a washing machine. listed at Rs. 10000 and gets 10% and 20% successive discounts. He spends 10% of his CP on transport.At what price (in rupees) should he sell the washing machine to earn a profit of 10% ?
A.	8722
B.	7892
C.	8712
D.	8840
Answer» D. 8840

Discussion

102.	A person loses Rs. 20 by selling some bananas at the rate of Rs. 3 per banana and gains Rs.30, if he sells them at Rs. 3.25 per banana. The number of bananas sold by him ?
A.	100
B.	200
C.	120
D.	2400
Answer» C. 120

Discussion

103.	In an office the number of employees reduces in the ratio of 3 : 2 and the wages increases in the ratio of 20 : 27, What is the profit percentage of employees over the previous wages?
A.	10%
B.	9.09%
C.	11.11%
D.	none of these
Answer» B. 9.09%

Discussion

104.	Two third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in rupees) was :
A.	15000
B.	20000
C.	10000
D.	12000
Answer» B. 20000

Discussion

105.	By selling a cellphone for 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for 2040, is
A.	10%
B.	6.25 %
C.	6.5%
D.	15%
Answer» C. 6.5%

Discussion

106.	Rajdeep loses 20% by selling a radio for 768. What percent will he gain by selling if for 1020 ?
A.	7.25 %
B.	5.25 %
C.	6.25 %
D.	8.25 %
Answer» D. 8.25 %

Discussion

107.	A trader buys some goods for 150. If the overhead expenses be 12% of the cost price, at what price should it be sold to earn 10% ?
A.	184.80
B.	185.80
C.	187.8
D.	188.80
Answer» B. 185.80

Discussion

108.	Niraj incurred a loss of 55% on selling an article for 9549. What was the cost price of the article ?
A.	27700
B.	25600
C.	21220
D.	29000
Answer» D. 29000

Discussion

109.	Find the percentage loss when the cost price and selling price of an article are in the ratio of 5 : 3. ?
A.	40%
B.	35%
C.	45%
D.	26%
E.	None of the above
Answer» B. 35%

Discussion

110.	A shopkeeper sells eggs at 20 for a rupee gaining 30%. How many eggs did he buy for a rupee ?
A.	40
B.	30
C.	35
D.	26
E.	None of the above
Answer» E. None of the above

Discussion

111.	A man brought toffees at 6 for a rupee. How many toffees for a rupee must he sell to gain in 50%. ?
A.	5
B.	2
C.	4
D.	6
E.	None of the above
Answer» D. 6

Discussion

112.	A merchant fixed the selling price of his articles at 700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix at the selling price at 10% profit. Find the new selling price
A.	450
B.	490
C.	500
D.	550
Answer» E.

Discussion

113.	Ajay bought a motor cycle for Rs. 50,000. 2 years later he sold it to Bijoy spent 5% of the purchasing price on its maintenance. Later Bijoy displayed the sale price of his motorcycle Rs. 50,000. Chetan wanted to purchase it at 15% discount but Bijoy gave him two successive discounts of 10% and 5% instead of 15% in one time.What is the actual discount availed by chetan?
A.	15%
B.	15.5%
C.	14.5%
D.	none of these
Answer» D. none of these

Discussion

114.	A woman bought eggs at 30 per dozen, The selling price per hundred so as to gain 12% will be (in )
A.	280
B.	250
C.	300
D.	360
Answer» B. 250

Discussion

115.	A man gained 10% by selling an article for a certain price. If the sells it at double the price, then the profit made is ?
A.	120%
B.	20%
C.	40%
D.	100
Answer» B. 20%

Discussion

116.	A man sold an article for 322, gaining 1/6th of his outlay. Find the cost price of the article ?
A.	300
B.	376
C.	175
D.	276
Answer» E.

Discussion

117.	The cost price of an item is two third of the selling price. What is the gain of loss per cent on that item ?
A.	45
B.	50
C.	35
D.	54
Answer» C. 35

Discussion

118.	A shopkeeper sells wheat at a profit of 10% and uses weight which are 20% less than the actual weight. The total gain earned by him will be ?
A.	30%
B.	88%
C.	37.5%
D.	None of these
Answer» D. None of these

Discussion

119.	What is the percentage profit made by selling an umbrella at a certain price, if by selling at 2/3rd of that price, there would be a loss of 10% ?
A.	25%
B.	30%
C.	35%
D.	None of these
Answer» D. None of these

Discussion

120.	Charu purchased a dinner set at 3/10th of its selling price and sold it at 10% more than its CP. Find the gain per cent. ?
A.	15%
B.	5%
C.	9%
D.	10%
Answer» E.

Discussion

121.	The difference between the CP and SP of the article is 240. If the profit is 20%, the selling price is ?
A.	1440
B.	1400
C.	1240
D.	1200
Answer» B. 1400

Discussion

122.	Punkaj purchased an item for 7500 and sold it at the gain of 24%. Find the amount he purchased another item and sold it at the loss of 20%. What is his over all gain/ loss?
A.	Loss of 140
B.	Gain of 60
C.	Loss of 60
D.	Neither gain nor loss
Answer» D. Neither gain nor loss

Discussion

123.	Sumit purchased an item for 4000 and sold it at the gain% of 35%. From that amount, he purchased another item and sold it at the loss of 20%. What is his over all gain/loss ?
A.	loss of 340
B.	Gain of 320
C.	Loss of 360
D.
E.	Neither gain nor loss
Answer» C. Loss of 360

Discussion

124.	A sold an article to B at a profit of 10% and B sells it to C at a loss of 10% of C paid 2079. How much money was paid by A ?
A.	2100
B.	2400
C.	2160
D.	2480
Answer» B. 2400

Discussion

125.	A showroom owner sells a leather jacket for P and claims to make a profit of 10%. He plans to have stall in the trade fair and marks the same jacket at 2P, at the stall, he allows a discount of 20%. What will be the percentage profit that he will make at the trade fair ?
A.	80%
B.	60%
C.	76%
D.	None of these
Answer» D. None of these

Discussion

126.	Mr X bought a music system with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved 500. At what price did he buy the music system ?
A.	16000
B.	12000
C.	10000
D.	None of these
Answer» E.

Discussion

127.	If a watch is sold for 120, there is a loss of 15%. For a profit of 2%, the watch is to be sold for
A.	144
B.	175
C.	185
D.	165
E.	None of the above
Answer» B. 175

Discussion

128.	A person sold an article for 3600 and got a profit of 20%. Had he sold the article for 3150, how much profit would he have got ?
A.	4%
B.	5%
C.	6%
D.	10%
E.	.
Answer» C. 6%

Discussion

129.	A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?
A.	80%
B.	60%
C.	70%
D.	none of these
Answer» B. 60%

Discussion

130.	An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs,12 eggs etc., but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and next hour he purchased equal number of eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?
A.	10% loss
B.	11.11% loss
C.	3% loss
D.	2.5% profit
Answer» C. 3% loss

Discussion

131.	A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by 20%. What is the new percentage profit or loss?
A.	10% loss
B.	12.5% loss
C.	12.5% profit
D.	11.11% loss
Answer» D. 11.11% loss

Discussion

132.	The owner of a furniture shop charges his customer 18% more than the CP. if a customer paid 10207 for a dining table, then find its original price.
A.	9240
B.	8650
C.	9840
D.	7670
Answer» C. 9840

Discussion

133.	Meena purchased two fans each at 1200. She sold one fan at the loss of 5% and other at the gain of 10%. Find total gain or loss per cent ?
A.	1.2 % loss
B.	1.2% profit
C.	2.5% profit
D.	2.5% loss
Answer» D. 2.5% loss

Discussion

134.	A shopkeeper marks his goods at such a price that he can deduct 20% for cash and yet make 20% profit. The marked price of an item which cost him 180 is ?
A.	270
B.	240
C.	245
D.	260
Answer» B. 240

Discussion

135.	A trader allows a discount of 10% on the marked price of an article. How much percentage above the cost price the article be marked to make a profit of 17% ?
A.	25%
B.	30%
C.	28%
D.	24%
Answer» C. 28%

Discussion

136.	Ravi purchased a scooter at 11/13th of its marked price and sold it at 10% more than its marked price. His gain per cent is ?
A.	24%
B.	27%
C.	30%
D.	32%
Answer» D. 32%

Discussion

137.	A shopkeeper sold an article for 6750 after giving a discount of 10% on the labelled price. He would have earned a profit of 50%, had there been no discount. What was the actual percentage of profit earned ?
A.	36%
B.	40%
C.	35%
D.	None of these
Answer» D. None of these

Discussion

138.	A trader fixed the price of an article in such a way that by giving a rebate of 10% on the price fixed, he made a profit of 15% . If the cost of the article is 72. The fixed price on it, is ?
A.	82.80
B.	90.00
C.	92.00
D.	97.80
Answer» D. 97.80

Discussion

139.	A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage ?
A.	5%
B.	10%
C.	15%
D.	12%
Answer» B. 10%

Discussion

140.	A person purchases 100 pens at a discount of 10% . The net amount of money spent by the person to purchase the pens is 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25% ?
A.	802.50
B.	811.25
C.	862.50
D.	875
Answer» D. 875

Discussion

141.	If 7 kg of tea of price 72 per kg is blended with 33 kg of tea of 87 per kg and 35 kg of 85 per kg and the mixture is sold at 15% profit, then what is the selling price of the mixture ?
A.	80.66 per kg
B.	102.33 per kg
C.	91.22 per kg
D.	. 97.37 per kg
Answer» E.

Discussion

142.	A person bought two articles for 1500 and 1000 respectively one he sold at a gain of 20%. At what price should he sell the other to get a profit of 16% on the whole transaction ?
A.	1100
B.	1200
C.	1150
D.	1250
Answer» B. 1200

Discussion

143.	A manufacturer of a certain item can sell all he can produce at the selling price of 60 each. It costs him 40 in materials and labour to produce each item and he has overhead expanses of 3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of atleast 1000 per week, is ?
A.	400
B.	300
C.	250
D.	200
Answer» E.

Discussion

144.	The cost price of an article is C and the selling price of the same article is S, where Z is the profit or loss percentage. If the CP and SP both are increased by same amount then which of the following is true :
A.	Z increases
B.	Z decreases
C.	remains constant
D.	none of these
Answer» C. remains constant

Discussion

145.	If a person makes a profit of 10% on 1/4 th of the quantity sold and a loss of 20% on the rest, then what is his average percent profit or loss ?
A.	12.5% Profit
B.	11.25% loss
C.	11.75% Profit
D.	12.5% loss
Answer» E.

Discussion

146.	A man sells 16 mangoes at a cost price of 20 mangoes, then percentage of his gain is ?
A.	18%
B.	20%
C.	25%
D.	16%
Answer» D. 16%

Discussion

147.	If the cost price of 12 pencils is equal to sale price of 10 pencils, then find the gain or loss as a percentage of the sell price ?
A.	20% gain
B.	10% gain
C.	20% gain
D.	15% loss
Answer» B. 10% gain

Discussion

148.	Ram bought 800 eggs at Rs. 3.75 each per dozen. He sold 450 of them at 2 for Rs. 1 and remaining at 5 for Rs. 2. His gain % is ?
A.	28%
B.	46%
C.	36%
D.	14%
Answer» C. 36%

Discussion

149.	Ramesh buys 2 articles for Rs. 600. He sells on them at a profit of 22% and other at a loss of 8% and makes no profit or loss at the end. What is the cost of the article he sold at a loss ?
A.	Rs. 400
B.	Rs. 420
C.	Rs. 440
D.	None of these
Answer» D. None of these

Discussion

150.	On selling an article for Rs. 64 one loses 20% . In order to gain 20%, what should be the selling price ?
A.	Rs. 96
B.	Rs. 98
C.	Rs. 94
D.	Rs. 99
Answer» B. Rs. 98

Discussion

Explore topic-wise MCQs in Aptitude.

A dealer buys a washing machine. listed at Rs. 10000 and gets 10% and 20% successive discounts. He spends 10% of his CP on transport.At what price (in rupees) should he sell the washing machine to earn a profit of 10% ?

A person loses Rs. 20 by selling some bananas at the rate of Rs. 3 per banana and gains Rs.30, if he sells them at Rs. 3.25 per banana. The number of bananas sold by him ?

In an office the number of employees reduces in the ratio of 3 : 2 and the wages increases in the ratio of 20 : 27, What is the profit percentage of employees over the previous wages?

Two third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in rupees) was :

By selling a cellphone for 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for 2040, is

Rajdeep loses 20% by selling a radio for 768. What percent will he gain by selling if for 1020 ?

A trader buys some goods for 150. If the overhead expenses be 12% of the cost price, at what price should it be sold to earn 10% ?

Niraj incurred a loss of 55% on selling an article for 9549. What was the cost price of the article ?

Find the percentage loss when the cost price and selling price of an article are in the ratio of 5 : 3. ?

A shopkeeper sells eggs at 20 for a rupee gaining 30%. How many eggs did he buy for a rupee ?

A man brought toffees at 6 for a rupee. How many toffees for a rupee must he sell to gain in 50%. ?

A merchant fixed the selling price of his articles at 700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix at the selling price at 10% profit. Find the new selling price

A woman bought eggs at 30 per dozen, The selling price per hundred so as to gain 12% will be (in )

A man gained 10% by selling an article for a certain price. If the sells it at double the price, then the profit made is ?

A man sold an article for 322, gaining 1/6th of his outlay. Find the cost price of the article ?

The cost price of an item is two third of the selling price. What is the gain of loss per cent on that item ?

A shopkeeper sells wheat at a profit of 10% and uses weight which are 20% less than the actual weight. The total gain earned by him will be ?

What is the percentage profit made by selling an umbrella at a certain price, if by selling at 2/3rd of that price, there would be a loss of 10% ?

Charu purchased a dinner set at 3/10th of its selling price and sold it at 10% more than its CP. Find the gain per cent. ?

The difference between the CP and SP of the article is 240. If the profit is 20%, the selling price is ?

Punkaj purchased an item for 7500 and sold it at the gain of 24%. Find the amount he purchased another item and sold it at the loss of 20%. What is his over all gain/ loss?

Sumit purchased an item for 4000 and sold it at the gain% of 35%. From that amount, he purchased another item and sold it at the loss of 20%. What is his over all gain/loss ?

A sold an article to B at a profit of 10% and B sells it to C at a loss of 10% of C paid 2079. How much money was paid by A ?

A showroom owner sells a leather jacket for P and claims to make a profit of 10%. He plans to have stall in the trade fair and marks the same jacket at 2P, at the stall, he allows a discount of 20%. What will be the percentage profit that he will make at the trade fair ?

Mr X bought a music system with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved 500. At what price did he buy the music system ?

If a watch is sold for 120, there is a loss of 15%. For a profit of 2%, the watch is to be sold for

A person sold an article for 3600 and got a profit of 20%. Had he sold the article for 3150, how much profit would he have got ?

A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?

A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by 20%. What is the new percentage profit or loss?

The owner of a furniture shop charges his customer 18% more than the CP. if a customer paid 10207 for a dining table, then find its original price.

Meena purchased two fans each at 1200. She sold one fan at the loss of 5% and other at the gain of 10%. Find total gain or loss per cent ?

A shopkeeper marks his goods at such a price that he can deduct 20% for cash and yet make 20% profit. The marked price of an item which cost him 180 is ?

A trader allows a discount of 10% on the marked price of an article. How much percentage above the cost price the article be marked to make a profit of 17% ?

Ravi purchased a scooter at 11/13th of its marked price and sold it at 10% more than its marked price. His gain per cent is ?

A shopkeeper sold an article for 6750 after giving a discount of 10% on the labelled price. He would have earned a profit of 50%, had there been no discount. What was the actual percentage of profit earned ?

A trader fixed the price of an article in such a way that by giving a rebate of 10% on the price fixed, he made a profit of 15% . If the cost of the article is 72. The fixed price on it, is ?

A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage ?

A person purchases 100 pens at a discount of 10% . The net amount of money spent by the person to purchase the pens is 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25% ?

If 7 kg of tea of price 72 per kg is blended with 33 kg of tea of 87 per kg and 35 kg of 85 per kg and the mixture is sold at 15% profit, then what is the selling price of the mixture ?

A person bought two articles for 1500 and 1000 respectively one he sold at a gain of 20%. At what price should he sell the other to get a profit of 16% on the whole transaction ?

The cost price of an article is C and the selling price of the same article is S, where Z is the profit or loss percentage. If the CP and SP both are increased by same amount then which of the following is true :

If a person makes a profit of 10% on 1/4 th of the quantity sold and a loss of 20% on the rest, then what is his average percent profit or loss ?

A man sells 16 mangoes at a cost price of 20 mangoes, then percentage of his gain is ?

If the cost price of 12 pencils is equal to sale price of 10 pencils, then find the gain or loss as a percentage of the sell price ?

Ram bought 800 eggs at Rs. 3.75 each per dozen. He sold 450 of them at 2 for Rs. 1 and remaining at 5 for Rs. 2. His gain % is ?

Ramesh buys 2 articles for Rs. 600. He sells on them at a profit of 22% and other at a loss of 8% and makes no profit or loss at the end. What is the cost of the article he sold at a loss ?

On selling an article for Rs. 64 one loses 20% . In order to gain 20%, what should be the selling price ?