831 + Mcqs in Profit and Loss Page 6 McqOptions

251.	Abhishek and Bhanu both are dealers of KML scooters.The price of a KML Scooter is Rs. 28,000.Abhishek gives a discount of 10% on whole, while Bhanu gives a discount of 12% on the first Rs 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling price ?
A.	Rs.240
B.	Rs.420
C.	Rs.640
D.	none of these
Answer» B. Rs.420

Discussion

252.	A wholesaler sells toys at a profit of 20% to a retailer and retailer sells these toys to its customer at a profit of 25%. What is the profit percentage of the retailer?
A.	5%
B.	80%
C.	20%
D.	25%
Answer» E.

Discussion

253.	A stationer buys diaries at 75 rupees per dozen and sells them at 15 rupees per piece. What is the profit?
A.	75
B.	100
C.	105
D.	110
Answer» D. 110

Discussion

254.	A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. what is the profit percentage ?
A.	33.33 %
B.	50 %
C.	66.66 %
D.	None of these
Answer» C. 66.66 %

Discussion

255.	On selling an article for Rs. 240, a trader loses 4%. In order to gain 10 % he must sell that article for
A.	Rs. 275
B.	Rs. 340
C.	Rs. 320
D.	Rs. 264
Answer» B. Rs. 340

Discussion

256.	By selling 12 apples for a rupee, a man loses 20%. How many for a rupee should he sell to gain 20%
A.	8
B.	10
C.	15
D.	16
Answer» B. 10

Discussion

257.	A milkman purchase the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?
A.	116%
B.	166.66%
C.	60%
D.	100%
Answer» C. 60%

Discussion

258.	What is percentage profit in selling an article at a discount of 20% which was earlier being sold at a 40% profit ?
A.	20%
B.	14%
C.	28%
D.	12%
Answer» E.

Discussion

259.	The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3 : 2 what is the discount percentage ?
A.	16.66 %
B.	20 %
C.	25 %
D.	33.33 %
Answer» B. 20 %

Discussion

260.	A trader sells 20 kg of sugar at Rs. 400. A customer asks 20% discount and he agrees to it but instead of 1 kg he gives 4% less sugar. what is the effective discount that the customer gets ?
A.	16 %
B.	16.66 %
C.	15.5 %
D.	19.6 %
Answer» C. 15.5 %

Discussion

261.	A trader procures his goods from a wholesaler, whose balance reads 1200 g from 1000 g . The trader sells all the procured goods to a customer after marking up the goods at 20% above the cost price. what is his overall percentage profit or loss in the whole transaction ?
A.	38 % profit
B.	50 % profit
C.	no profit no loss
D.	none of the above
Answer» D. none of the above

Discussion

262.	A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?
A.	33.33%
B.	75%
C.	300%
D.	150%
Answer» D. 150%

Discussion

263.	The cost of 2 tables is equal to the cost of 5 chairs. If the difference of the cost of one table and one chair is Rs. 1200, then the cost of one chair is ?
A.	Rs. 500
B.	Rs. 400
C.	Rs. 800
D.	Rs. 600
Answer» D. Rs. 600

Discussion

264.	If the cost of 1/4th of kg is Rs. 0.60, then what is the cost of 200 gm ?
A.	42 paise
B.	48 paise
C.	40 paise
D.	50 paise
Answer» C. 40 paise

Discussion

265.	Cost of 1/4 dozen of bananas is Rs. 2.35, then what is the approximate cost of 42 dozen of bananas ?
A.	Rs. 430
B.	Rs. 540
C.	Rs. 380
D.	Rs. 400
Answer» E.

Discussion

266.	Cost of 7000 bricks is Rs. 5740. cost of luggage to carry the bricks to the building place is Rs. 805. What is the cost at per thousand bricks ?
A.	Rs. 900
B.	Rs. 800
C.	Rs. 935
D.	Rs. 750
Answer» D. Rs. 750

Discussion

267.	A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs.30, the cost price (in Rs.) of a type-I and of a type-II cakes is
A.	100, 100
B.	160, 70
C.	180, 60
D.	120, 90
Answer» C. 180, 60

Discussion

268.	If the selling price of 20 articles is the same as the cost price of 23 articles, find the profit percent.
A.	15%
B.	16%
C.	8%
D.	12%
Answer» B. 16%

Discussion

269.	Rama mixes 20% of kerosene to his petrol and then he sells the whole mixture at the price of petrol. If the cost price of the kerosense is 40% of the CP of petrol. What is the net profit%?
A.	11.11%
B.	11.5%
C.	12.5%
D.	9.5%
Answer» B. 11.5%

Discussion

270.	A vegetable seller sells his vegetables at 20% profit. At the same time he uses false weights, which is 10% less than the actual weight. What will be his total gain percentage?
A.	25%
B.	30%
C.	33.33%
D.	<table><tr><td rowspan="2">18</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">9</td></table>
Answer» D. <table><tr><td rowspan="2">18</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">9</td></table>

Discussion

271.	A sells a watch to B and makes a loss of 12%. B makes a profit of (25 / 2) by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be
A.	1% loss
B.	1% profit
C.	2% loss
D.	2% profit
Answer» B. 1% profit

Discussion

272.	A dishonest dealer professes to sell his goods at cost price but uses a weight of 875 gms for the kilogram weight. His gain in percentage is a
A.	17%
B.	<table><tr><td rowspan="2">14</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">7</td></table>
C.	<table><tr><td rowspan="2">14</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">7</td></table>
D.
E.	14%
Answer» D.

Discussion

273.	Gopi goes from place A to B to buy an article costing 15% less at B, although he spends Rs. 150 on travelling, still he gains Rs. 150 compared to buying it at A. His profit percent is :
A.	4.5
B.	6
C.	7.5
D.	8
Answer» D. 8

Discussion

274.	A publisher printed 3000 copies of a book for sale, the cost of each book being Rs. 7.00. He distributed 500 copies to different institutions free of cost. He allowed a book free of cost for each 24 books purchased. If the price of each book is fixed at Rs. 14.50. determine the rate of profit or loss of the publisher.
A.	66% loss
B.	66% profit
C.	60% profit
D.	60% loss
Answer» C. 60% profit

Discussion

275.	A salesman mixes two varieties of tea, whose costs are Rs. 60 and Rs. 45 per kg respectively. In what proportion the two varieties are to be mixed so as to make a profit of 25% if the sale price be Rs. 62.50 per kg ?
A.	2 : 3
B.	1 : 2
C.	1 : 3
D.	2 : 5
Answer» C. 1 : 3

Discussion

276.	A dishonest tradesman marks his goods at an advance of 5 percent on the cost price, and uses a fraudulent balance whose beam is horizontal when the weight in one scale is one-fifth more than the weight in the other. What is his actual gain percent ?
A.	30.25 %
B.	32.25 %
C.	33.25 %
D.	31.25%
Answer» E.

Discussion

277.	A man sold an article at a loss of 12%. If he had sold for Rs. 56 more he would have gained 4%. What was the cost price of the article?
A.	Rs. 320
B.	Rs. 330
C.	Rs. 340
D.	Rs. 350
Answer» E.

Discussion

278.	A soap manufacturer supplies soap to wholesaler at 15% profit, wholesaler supplies these to retailer at 20% profit and retailer sells it to the consumer at 25% profit. If for the consumer the price of soap be Rs. 17.25, what is the manufacturing cost of the soap ?
A.	Rs. 10
B.	Rs. 9
C.	Rs. 12
D.	Rs. 8
Answer» B. Rs. 9

Discussion

279.	A compact disc player when sold for $ 13,600 incurred a loss of 15 percent. At what price should it have been sold to make a profit of 35 percent on the cost?
A.	$ 21,600
B.	$ 20,400
C.	$ 19,600
D.	None of these
Answer» B. $ 20,400

Discussion

280.	If sweets are bought at 15 for a rupee, how many must be sold for a rupee to gain 25%?
A.	10
B.	11
C.	12
D.	8
Answer» D. 8

Discussion

281.	The C.P. of two shirts taken together is $ 840. If by selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction, then the C.P. of the two shirts are respectively :
A.	$ 360, $ 480
B.	$ 480, $ 360
C.	$ 380, $ 460
D.	None of these
Answer» B. $ 480, $ 360

Discussion

282.	A man sells a television set at a profit of 10%. If he had bought it for 10% less and sold it for Rs. 360 less, he would have gained 20%. Find the cost price of the television set.
A.	Rs. 18000
B.	Rs. 18500
C.	Rs. 17000
D.	Rs. 19000
Answer» B. Rs. 18500

Discussion

283.	A man purchases some mangoes at the rate of 3 for $ 4 and the same quantity at 5 for $ 6. If he sells all the mangoes at the rate of 3 for $ 5, find his approximate gain or loss per cent.
A.	35% loss
B.	32% loss
C.	32% profit
D.	35% gain
Answer» D. 35% gain

Discussion

284.	357 mangoes cost of Rs. 1517.25, then what is the approximate cost of 49 dozen of mangoes ?
A.	Rs. 2500
B.	Rs. 2600
C.	Rs. 3000
D.	Rs. 2200
Answer» B. Rs. 2600

Discussion

285.	A, B and C enter into a partnership. A invests $ 2400 for 4 years, B $ 2800 for 8 years and C $ 2000 for 10 years. They earn $ 1170. Find the share of each.
A.	$ 420
B.	$ 540
C.	$ 108
D.	$ 216
Answer» E.

Discussion

286.	A shopkeeper buys a product of Rs. 150 per kg. 15% of product was damaged. At what price (per kg.) should he sell the remaining so as to earn a profit of 20%?
A.	<table><tr><td rowspan="2">Rs. 208</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>15</center></td><td rowspan="2"></td></tr><td align="center">17</td></table>
B.
C.	<table><tr><td rowspan="2">Rs. 207</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>13</center></td><td rowspan="2"></td></tr><td align="center">17</td></table>
D.	<table><tr><td rowspan="2">Rs. 205</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">17</td></table>
E.	<table><tr><td rowspan="2">Rs. 211</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>13</center></td><td rowspan="2"></td></tr><td align="center">17</td></table>
Answer» E. <table><tr><td rowspan="2">Rs. 211</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>13</center></td><td rowspan="2"></td></tr><td align="center">17</td></table>

Discussion

287.	A merchant buys 25 litres of milk daily at the rate of Rs. 12 per litre. He mixes 5 litres of water in it and sells at the rate Rs. 10.40 per litre. His gain is :
A.	8% profit
B.	2% profit
C.	4% profit
D.	6% profit
Answer» D. 6% profit

Discussion

288.	A trader had 22 quintals of wheat. He sold a part of it at 23% profit and the rest at 33% profit, so that he made a total profit of 27%. How much wheat did he sell at 33% profit?
A.	1320 kg.
B.	440 kg.
C.	880 kg.
D.	1760 kg.
Answer» D. 1760 kg.

Discussion

289.	A man purchased some eggs at the rate of Rs. 10 per dozen and again purchased (3 / 4) of them at the rate of Rs. 12 per dozen. Then he sold all eggs at the rate of Rs. 13 per dozen and made a profit of Rs. 30. Find the total number of eggs he purchased altogether.
A.	8 dozens
B.	9 dozens
C.	10 dozens
D.	None of these
Answer» B. 9 dozens

Discussion

290.	Bimalbabu sells two cars each of Rs. 99,000. He makes a profit of 10% on the first car, but incurs a loss of 10% on the second. What will be his percentage of profit or loss on the whole transaction ?
A.	1% profit
B.	1% loss
C.	4% profit
D.	4% loss
Answer» C. 4% profit

Discussion

291.	A wholesaler sells 20 pens at the marked price (printed on the article) of 16 pens to a retailer. The retailer in turn sells them at the marked price . Determine the gain or loss per cent to the retailer.
A.	25% loss
B.	25% profit
C.	20% loss
D.	20% profit
Answer» C. 20% loss

Discussion

292.	A shopkeeper reduces the price of his goods by 50% at the time of sale. Initially the price was fixed to get a profit of 25% on selling price after allowing 10% cash discount. Find out his approximate percentage of profit or loss.
A.	26% loss
B.	28% profit
C.	30% loss
D.	26% profit
Answer» B. 28% profit

Discussion

293.	Ram Kumar sold his motor cycle to Mohan at a loss of 28%. Mohan spent $ 1680 on its repairs and sold the motor cycle to Sohan for $ . 35910, thereby, making a profit of 12.5%. Find the cost of the motor cycle for Ram Kumar.
A.	$ 38000
B.	$ 35000
C.	$ 40000
D.	$ 42000
Answer» E.

Discussion

294.	A trader sells an article at a profit of 15%. If he had bought it for 15% less and had sold it for $ 7.80 less, he would have gained 20%. Find the cost price of the article.
A.	$ 65
B.	$ 80
C.	$ 60
D.	$ 70
Answer» D. $ 70

Discussion

295.	Ramesh bought two boxes for $ 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
A.	$ 650, $ 650
B.	$ 550, $ 750
C.	$ 450, $ 850
D.	None of these
Answer» C. $ 450, $ 850

Discussion

296.	A man buys some quantity of wheat for $ 2400. He sells one-third of it at a profit of 5%. At what per cent gain should he sell the remaining two-third so as to make an overall profit of 10% on the whole transaction?
A.	11.5%
B.	12.5%
C.	13%
D.	13.5%
Answer» C. 13%

Discussion

297.	A dealer sold two coolers at $ 2,970 each. On selling one cooler, he gained 10%, on selling the other he lost 10%. Find the dealer s gain or loss per cent.
A.	1% loss
B.	1% gain
C.	2% loss
D.	2% gain
Answer» B. 1% gain

Discussion

298.	A shopkeeper buys 40 bicycles and marks them at 25% above the cost price. He allows a discount of 10% on the marked price for cash sales, and 5% for credit sales. If three-fourth of the stock is sold for cash and the rest for credit, and if the total profit be $ 20250, what is the cost price of a bicycle ?
A.	$ 4000
B.	$ 3500
C.	$ 3200
D.	$ 3600
Answer» E.

Discussion

299.	A defective briefcase costing $ 800 is being sold at a loss of 8%. If the price is further reduced by 5%, find its approximate selling price.
A.	$ 600
B.	$ 650
C.	$ 700
D.	$ 725
Answer» D. $ 725

Discussion

300.	A, B and C invest $ 1000, $ 4000 and $ 5000 respectively in a business. At the end of the year the balance sheet shows a loss of 20% of the total initial investment. Find the share of loss of B.
A.	$ 1000
B.	$ 200
C.	$ 800
D.	$ 1200
Answer» D. $ 1200

Discussion

Explore topic-wise MCQs in Aptitude.

Abhishek and Bhanu both are dealers of KML scooters.The price of a KML Scooter is Rs. 28,000.Abhishek gives a discount of 10% on whole, while Bhanu gives a discount of 12% on the first Rs 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling price ?

A wholesaler sells toys at a profit of 20% to a retailer and retailer sells these toys to its customer at a profit of 25%. What is the profit percentage of the retailer?

A stationer buys diaries at 75 rupees per dozen and sells them at 15 rupees per piece. What is the profit?

A man bought 18 oranges for a rupee and sold them at 12 oranges for a rupee. what is the profit percentage ?

On selling an article for Rs. 240, a trader loses 4%. In order to gain 10 % he must sell that article for

By selling 12 apples for a rupee, a man loses 20%. How many for a rupee should he sell to gain 20%

A milkman purchase the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?

What is percentage profit in selling an article at a discount of 20% which was earlier being sold at a 40% profit ?

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3 : 2 what is the discount percentage ?

A trader sells 20 kg of sugar at Rs. 400. A customer asks 20% discount and he agrees to it but instead of 1 kg he gives 4% less sugar. what is the effective discount that the customer gets ?

A trader procures his goods from a wholesaler, whose balance reads 1200 g from 1000 g . The trader sells all the procured goods to a customer after marking up the goods at 20% above the cost price. what is his overall percentage profit or loss in the whole transaction ?

A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?

The cost of 2 tables is equal to the cost of 5 chairs. If the difference of the cost of one table and one chair is Rs. 1200, then the cost of one chair is ?

If the cost of 1/4th of kg is Rs. 0.60, then what is the cost of 200 gm ?

Cost of 1/4 dozen of bananas is Rs. 2.35, then what is the approximate cost of 42 dozen of bananas ?

Cost of 7000 bricks is Rs. 5740. cost of luggage to carry the bricks to the building place is Rs. 805. What is the cost at per thousand bricks ?

A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs.30, the cost price (in Rs.) of a type-I and of a type-II cakes is

If the selling price of 20 articles is the same as the cost price of 23 articles, find the profit percent.

Rama mixes 20% of kerosene to his petrol and then he sells the whole mixture at the price of petrol. If the cost price of the kerosense is 40% of the CP of petrol. What is the net profit%?

A vegetable seller sells his vegetables at 20% profit. At the same time he uses false weights, which is 10% less than the actual weight. What will be his total gain percentage?

A sells a watch to B and makes a loss of 12%. B makes a profit of (25 / 2) by selling the watch to C. If A sells the watch to B at the cost of which C purchased it, then the percentage of loss or profit of A will be

A dishonest dealer professes to sell his goods at cost price but uses a weight of 875 gms for the kilogram weight. His gain in percentage is a

Gopi goes from place A to B to buy an article costing 15% less at B, although he spends Rs. 150 on travelling, still he gains Rs. 150 compared to buying it at A. His profit percent is :

A salesman mixes two varieties of tea, whose costs are Rs. 60 and Rs. 45 per kg respectively. In what proportion the two varieties are to be mixed so as to make a profit of 25% if the sale price be Rs. 62.50 per kg ?

A dishonest tradesman marks his goods at an advance of 5 percent on the cost price, and uses a fraudulent balance whose beam is horizontal when the weight in one scale is one-fifth more than the weight in the other. What is his actual gain percent ?

A man sold an article at a loss of 12%. If he had sold for Rs. 56 more he would have gained 4%. What was the cost price of the article?

A soap manufacturer supplies soap to wholesaler at 15% profit, wholesaler supplies these to retailer at 20% profit and retailer sells it to the consumer at 25% profit. If for the consumer the price of soap be Rs. 17.25, what is the manufacturing cost of the soap ?

A compact disc player when sold for $ 13,600 incurred a loss of 15 percent. At what price should it have been sold to make a profit of 35 percent on the cost?

If sweets are bought at 15 for a rupee, how many must be sold for a rupee to gain 25%?

The C.P. of two shirts taken together is $ 840. If by selling one at a profit of 16% and the other at a loss of 12%, there is no loss or gain in the whole transaction, then the C.P. of the two shirts are respectively :

A man sells a television set at a profit of 10%. If he had bought it for 10% less and sold it for Rs. 360 less, he would have gained 20%. Find the cost price of the television set.

A man purchases some mangoes at the rate of 3 for $ 4 and the same quantity at 5 for $ 6. If he sells all the mangoes at the rate of 3 for $ 5, find his approximate gain or loss per cent.

357 mangoes cost of Rs. 1517.25, then what is the approximate cost of 49 dozen of mangoes ?

A, B and C enter into a partnership. A invests $ 2400 for 4 years, B $ 2800 for 8 years and C $ 2000 for 10 years. They earn $ 1170. Find the share of each.

A shopkeeper buys a product of Rs. 150 per kg. 15% of product was damaged. At what price (per kg.) should he sell the remaining so as to earn a profit of 20%?

A merchant buys 25 litres of milk daily at the rate of Rs. 12 per litre. He mixes 5 litres of water in it and sells at the rate Rs. 10.40 per litre. His gain is :

A trader had 22 quintals of wheat. He sold a part of it at 23% profit and the rest at 33% profit, so that he made a total profit of 27%. How much wheat did he sell at 33% profit?

A man purchased some eggs at the rate of Rs. 10 per dozen and again purchased (3 / 4) of them at the rate of Rs. 12 per dozen. Then he sold all eggs at the rate of Rs. 13 per dozen and made a profit of Rs. 30. Find the total number of eggs he purchased altogether.

Bimalbabu sells two cars each of Rs. 99,000. He makes a profit of 10% on the first car, but incurs a loss of 10% on the second. What will be his percentage of profit or loss on the whole transaction ?

A wholesaler sells 20 pens at the marked price (printed on the article) of 16 pens to a retailer. The retailer in turn sells them at the marked price . Determine the gain or loss per cent to the retailer.

A shopkeeper reduces the price of his goods by 50% at the time of sale. Initially the price was fixed to get a profit of 25% on selling price after allowing 10% cash discount. Find out his approximate percentage of profit or loss.

Ram Kumar sold his motor cycle to Mohan at a loss of 28%. Mohan spent $ 1680 on its repairs and sold the motor cycle to Sohan for $ . 35910, thereby, making a profit of 12.5%. Find the cost of the motor cycle for Ram Kumar.

A trader sells an article at a profit of 15%. If he had bought it for 15% less and had sold it for $ 7.80 less, he would have gained 20%. Find the cost price of the article.

Ramesh bought two boxes for $ 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.

A man buys some quantity of wheat for $ 2400. He sells one-third of it at a profit of 5%. At what per cent gain should he sell the remaining two-third so as to make an overall profit of 10% on the whole transaction?

A dealer sold two coolers at $ 2,970 each. On selling one cooler, he gained 10%, on selling the other he lost 10%. Find the dealer s gain or loss per cent.

A defective briefcase costing $ 800 is being sold at a loss of 8%. If the price is further reduced by 5%, find its approximate selling price.

A, B and C invest $ 1000, $ 4000 and $ 5000 respectively in a business. At the end of the year the balance sheet shows a loss of 20% of the total initial investment. Find the share of loss of B.