3305 + Mcqs in Profit And Loss Page 2 McqOptions

51.	An article is sold for Rs. 528 after successive discounts of 20% and 12%. What is the marked price of the article?
A.	Rs. 780
B.	Rs. 740
C.	Rs. 750
D.	Rs. 760
Answer» D. Rs. 760

Discussion

52.	A person bought 10 toys for Rs 40 and sold 8 toys for Rs 48, the profit% would be-
A.	50%
B.	60%
C.	40%
D.	20%
Answer» B. 60%

Discussion

53.	A person purchased a bike for Rs. 50,440 including sales tax. If the rate of the sales tax is 4%, find the original cost of the bike
A.	Rs. 48,500
B.	Rs. 49,500
C.	Rs. 48,000
D.	Rs. 49,000
Answer» B. Rs. 49,500

Discussion

54.	A, B, C subscribe a sum of Rs. 75,500 for a business. A subscribes Rs. 3,500 more than B, and B subscribes Rs. 4,500 more than C. Out of a total profit of Rs. 45,300, how much (in Rs.) does A receive?
A.	12,600
B.	14,700
C.	17,400
D.	15,000
Answer» D. 15,000

Discussion

55.	Marked price of an article is 30% more than its cost price. If 30% discount is given, then what will be the loss percentage?
A.	0
B.	9
C.	6
D.	8
Answer» C. 6

Discussion

56.	A person sold an article at a loss of 12% Had he sold it for Rs. 162 more, he would have gained 24%. If the article is sold for Rs. 360 then loss percent is:
A.	15
B.	20
C.	25
D.	18
Answer» C. 25

Discussion

57.	A cloth merchant buys cloth from a weaver and cheats him by using a scale which is 10 cm longer than a normal meter scale. He claims to sell cloth at the cost price to his customers, but while selling uses a scale which is 10 cm shorter than a normal meter scale. What is his gain?
A.	20%
B.	21%
C.	\(22\frac{2}{9}\%\)
D.	\(23\frac{1}{3}\%\)
Answer» D. \(23\frac{1}{3}\%\)

Discussion

58.	Pratyay bought a set of cups for 195, but then had to sell it later to clear old stocks for 171.6 What is the loss percentage?
A.	12
B.	14
C.	13
D.	15
Answer» B. 14

Discussion

59.	A dishonest dealer sells goods at 6.25% loss on cost price but uses 12.5% less weight. What is the percentage profit or loss?
A.	6%
B.	7.14%
C.	7%
D.	7.32%
E.	5.16%
Answer» C. 7%

Discussion

60.	An article is sold for Rs. 6500 so as to earn a profit of 4%. A second article whose cost price is Rs. 3750, is sold at a loss of 4%. What is the overall gain or loss percent in the whole transaction?
A.	Gain 4%
B.	Loss 1%
C.	Loss 4%
D.	Gain 1%
Answer» E.

Discussion

61.	A vendor bought 40 dozen of fruits for Rs. 2400. Out of these, 30 fruits were rotten and thrown away. At what rate per dozen should he sell the remaining fruits to make a profit of 25%?
A.	Rs. 72
B.	Rs. 80
C.	Rs. 84
D.	Rs. 90
Answer» C. Rs. 84

Discussion

62.	A shopkeeper by selling 9 items, earns a proﬁt equal to the selling price of 1 item. What is his proﬁt percentage?
A.	25
B.	12.5
C.	20
D.	10
Answer» C. 20

Discussion

63.	If the cost price of 15 pens is equal to the selling price of 20 pens, then the loss percent is
A.	25%
B.	20%
C.	15%
D.	18%
Answer» B. 20%

Discussion

64.	If cost price is Rs. 50 less than the selling price and profit is 10%, then what is the selling price (in Rs.)?
A.	450
B.	500
C.	550
D.	600
Answer» D. 600

Discussion

65.	If you sell any item for 513 rupees, then the loss occurred is 60% of the proﬁt received for selling the same item at 993 rupees. Find the purchase price of that item? (In Rs.)
A.	493
B.	593
C.	793
D.	693
Answer» E.

Discussion

66.	Prem buys a table for Rs. 450 and spends Rs. 30 on its transportation. It he sells the table for Rs. 600 what will be his gain percent?
A.	30%
B.	25%
C.	28%
D.	24%
Answer» C. 28%

Discussion

67.	A person bought 60 books for Rs. 60 each. He sold 50 of them at a loss of 4%. At what per cent profit should be sell the remaining books so that he gains 5% in the entire transaction?
A.	60%
B.	30%
C.	40%
D.	50%
Answer» E.

Discussion

68.	On selling 38 balls at Rs. 2,240, there is a loss equal to the cost price of 6 balls. The cost price of a ball is equal to:
A.	Rs. 50
B.	Rs. 60
C.	Rs. 70
D.	Rs. 80
Answer» D. Rs. 80

Discussion

69.	Rajesh bought a table for Rs. 900 and decided to sell it. Rajesh gave two successive discounts of 10% and 20% to the customer. What would be the selling price (in Rs.) of the table?
A.	568
B.	648
C.	728
D.	668
Answer» C. 728

Discussion

70.	A person bought an item for Rs. 1975 and sold it at a profit of 12%. What was the selling price of the item?
A.	Rs. 2192
B.	Rs. 2202
C.	Rs. 2212
D.	Rs. 2222
Answer» D. Rs. 2222

Discussion

71.	A man sold 250 chairs and had a gain equal to selling price of 50 chairs. What is his proﬁt percentage?
A.	20
B.	25
C.	10
D.	15
Answer» C. 10

Discussion

72.	An article is sold at a discount of 25%. If the marked price of article is Rs. 6000, then what will be the selling price of article?
A.	Rs. 4200
B.	Rs. 5400
C.	Rs. 4500
D.	Rs.4800
Answer» D. Rs.4800

Discussion

73.	I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?
A.	20%
B.	25%
C.	30%
D.	40%
Answer» E.

Discussion

74.	A dealer gets Rs. 470 more if instead of selling a table at loss of 10% it is sold at gain of 10%. Find the cost price of the table?
A.	3,350
B.	4,350
C.	1,350
D.	2,350
Answer» E.

Discussion

75.	A man buys 35 kg of sugar and sets a marked price in order to make a 20% profit. He sells 5 kg at this price, 15 kg at a 10% discount. Accidentally, 3 kg of sugar is wasted. He sells the remaining sugar by raising the marked price by p percent so as to make an overall profit of 15%. Then p is nearest to
A.	25
B.	22
C.	31
D.	35
Answer» B. 22

Discussion

76.	A shopkeeper decides to raise the marked price of an article by 10%, How much discount should he allow so as to be able to sell the article at the original marked price?
A.	19/2%
B.	73/9%
C.	100/11%
D.	10%
Answer» D. 10%

Discussion

77.	A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for Rs. 1,000 more, he would have made a profit of 40%. The cost price of the article (in Rs.) is:
A.	60,000
B.	50,000
C.	40,000
D.	25,000
Answer» C. 40,000

Discussion

78.	Giving two successive discounts of 60% is equal to giving one discount of ________%.
A.	90
B.	72
C.	96
D.	84
Answer» E.

Discussion

79.	On selling an article, Ram got a profit of 80%. If the CP is increased by 20%, find the percentage decrease in profit percentage.
A.	37.5%
B.	30%
C.	35%
D.	33.33%
E.	28.75%
Answer» B. 30%

Discussion

80.	Marked price of an article is Rs. 1500. If \(16\frac{2}{3}\%\) discount is given, then what is the selling price?
A.	Rs. 1000
B.	Rs. 1300
C.	Rs. 1250
D.	Rs. 1150
Answer» D. Rs. 1150

Discussion

81.	An article has marked price of Rs 4700. If two successive discounts of 10% and 15% are given, then what will be the selling price (in Rs.)?
A.	3407.5
B.	3108
C.	3595.5
D.	3290
Answer» D. 3290

Discussion

82.	A, B, and C invested in a common business. A invested Rs. 5,000 for 2 months, B invested Rs. 6,000 for 3 months and C invested Rs. 4,000 for 5 months. Out of a total profit of Rs. 960, ‘A’s share is
A.	Rs. 360
B.	Rs. 200
C.	Rs. 400
D.	Rs. 500
Answer» C. Rs. 400

Discussion

83.	By selling an article, what is the profit percent gained?I) 5% discount is given on the list price.II) If the discount is not given, 20% profit is gained.III) The cost price of the articles is Rs. 5,000.
A.	Only I and II
B.	Only II and III
C.	Only I and III
D.	All of I, II and III
Answer» B. Only II and III

Discussion

84.	A shopkeeper earns a profit of 25% when he sells an article by allowing 20% discount on its marked price. If the cost price of the article is decreased by 20%, how much discount percent should he allow now on the same marked price so as to earn the same percentage of profit as earlier?
A.	32%
B.	36%
C.	35%
D.	40%
Answer» C. 35%

Discussion

85.	A watch is sold at 5% loss. If the cost price had been 20% more and selling price Rs.115 less, there would have been 40% loss. What is the cost price?
A.	Rs. 550
B.	Rs. 500
C.	Rs. 450
D.	Rs. 520
Answer» C. Rs. 450

Discussion

86.	A man purchased 35 kg of rice at the rate of Rs 9.50 per kg and 30 kg at the rate of Rs 10.50 per kg he mixed the two Approximately at what price (in Rupees) ber kg should he sell the mixture to make 35 % profit in the transaction ?
A.	12
B.	12.50
C.	13
D.	13.50
Answer» E.

Discussion

87.	P bought an article for Rs. 400 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?
A.	5%
B.	10%
C.	12%
D.	15%
Answer» B. 10%

Discussion

88.	If three successive discounts of 10%, 15% and 30% are given, then what will be the net discount (in percentage)?
A.	53.15
B.	55
C.	46.45
D.	43.45
Answer» D. 43.45

Discussion

89.	A grocer mixes two varieties of wheat and sells the mixture at Rs. 28 per kg to earn a profit of 25%. If the cost price of the first variety is twice that of the second, and he has mixed them in the ratio 2 : 3, then find the price per kg of the cheaper variety.
A.	Rs. 18
B.	Rs. 20
C.	Rs. 14
D.	Rs. 16
Answer» E.

Discussion

90.	A dealer sold an article at a loss of 2%. Had he sold it for Rs. 44 more, he would have gained 20%. Find the cost price of the article
A.	Rs. 250
B.	Rs. 200
C.	Rs. 400
D.	Rs. 300
Answer» C. Rs. 400

Discussion

91.	Find the single discount that is equivalent to a series of discounts of 20%, 10% and 5%?
A.	31.6%
B.	32.4%
C.	35%
D.	25%
Answer» B. 32.4%

Discussion

92.	A vendor buys bananas at 7 for Rs. 6 and sells at 6 for Rs. 7. What will be the result?
A.	36.11% loss
B.	26.51% profit
C.	36.11% profit
D.	26.51% loss
Answer» D. 26.51% loss

Discussion

93.	Profit earned on a ball is \(\frac{3}{5}\) of its selling price. If the selling price of the ball is Rs. 120, then how much profit is earned on this ball?
A.	Rs. 48
B.	Rs. 96
C.	Rs. 72
D.	Rs. 24
Answer» D. Rs. 24

Discussion

94.	An article was purchased for Rs.7000. Later its price was marked up by 30%. It was sold at a discount of 10% on the marked-up price. What was the profit percent on the cost price?
A.	8%
B.	10%
C.	17%
D.	18%
E.	15%
Answer» D. 18%

Discussion

95.	A man sold his furniture at a 25% gain. Had he sold at 15% loss. He would have received ₹ 800 less. Find cost price of the furniture.
A.	Rs. 1,500
B.	Rs. 3,000
C.	Rs. 2,000
D.	Rs 2,500
Answer» D. Rs 2,500

Discussion

96.	A person sold two articles for Rs. 1836 each. On one he gained 20% and on the other, he lost 20%. What is his overall gain or loss percent, correct to one decimal place?
A.	7% loss
B.	4% loss
C.	5% gain
D.	6% gain
Answer» C. 5% gain

Discussion

97.	An article bought for Rs.76 was sold at a profit of Rs.12.50.Find the selling price?
A.	87.50
B.	85.00
C.	88.50
D.	None
Answer» D. None

Discussion

98.	If the selling price of an item is Rs. 9750 after getting a discount of 25%, then what was its marked price (in Rs.)?
A.	13000
B.	12187
C.	14000
D.	13187
Answer» B. 12187

Discussion

99.	B borrows money from A at 6% p.a. simple interest, for the first year, and lends it to C at compound interest of 10% p.a, for the second year. If B collects the money back from C after the completion of the second year, then what is the percentage profit for B in the overall transaction?
A.	10%
B.	5%
C.	4%
D.	8%
Answer» B. 5%

Discussion

100.	A cosmetic shop has different brands of cosmetics and ingredients. 50% of the shop's sales are made from hair material. 40% of sales are from personal hygiene products. The store sales average Rs.15,00,000 every quarter. What is the average monthly sales per store for personal hygiene products?
A.	Rs. 3,00,000
B.	Rs. 2,50,000
C.	Rs. 5,00,000
D.	Rs. 2,00,000
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

An article is sold for Rs. 528 after successive discounts of 20% and 12%. What is the marked price of the article?

A person bought 10 toys for Rs 40 and sold 8 toys for Rs 48, the profit% would be-

A person purchased a bike for Rs. 50,440 including sales tax. If the rate of the sales tax is 4%, find the original cost of the bike

A, B, C subscribe a sum of Rs. 75,500 for a business. A subscribes Rs. 3,500 more than B, and B subscribes Rs. 4,500 more than C. Out of a total profit of Rs. 45,300, how much (in Rs.) does A receive?

Marked price of an article is 30% more than its cost price. If 30% discount is given, then what will be the loss percentage?

A person sold an article at a loss of 12% Had he sold it for Rs. 162 more, he would have gained 24%. If the article is sold for Rs. 360 then loss percent is:

A cloth merchant buys cloth from a weaver and cheats him by using a scale which is 10 cm longer than a normal meter scale. He claims to sell cloth at the cost price to his customers, but while selling uses a scale which is 10 cm shorter than a normal meter scale. What is his gain?

Pratyay bought a set of cups for 195, but then had to sell it later to clear old stocks for 171.6 What is the loss percentage?

A dishonest dealer sells goods at 6.25% loss on cost price but uses 12.5% less weight. What is the percentage profit or loss?

An article is sold for Rs. 6500 so as to earn a profit of 4%. A second article whose cost price is Rs. 3750, is sold at a loss of 4%. What is the overall gain or loss percent in the whole transaction?

A vendor bought 40 dozen of fruits for Rs. 2400. Out of these, 30 fruits were rotten and thrown away. At what rate per dozen should he sell the remaining fruits to make a profit of 25%?

A shopkeeper by selling 9 items, earns a proﬁt equal to the selling price of 1 item. What is his proﬁt percentage?

If the cost price of 15 pens is equal to the selling price of 20 pens, then the loss percent is

If cost price is Rs. 50 less than the selling price and profit is 10%, then what is the selling price (in Rs.)?

If you sell any item for 513 rupees, then the loss occurred is 60% of the proﬁt received for selling the same item at 993 rupees. Find the purchase price of that item? (In Rs.)

Prem buys a table for Rs. 450 and spends Rs. 30 on its transportation. It he sells the table for Rs. 600 what will be his gain percent?

A person bought 60 books for Rs. 60 each. He sold 50 of them at a loss of 4%. At what per cent profit should be sell the remaining books so that he gains 5% in the entire transaction?

On selling 38 balls at Rs. 2,240, there is a loss equal to the cost price of 6 balls. The cost price of a ball is equal to:

Rajesh bought a table for Rs. 900 and decided to sell it. Rajesh gave two successive discounts of 10% and 20% to the customer. What would be the selling price (in Rs.) of the table?

A person bought an item for Rs. 1975 and sold it at a profit of 12%. What was the selling price of the item?

A man sold 250 chairs and had a gain equal to selling price of 50 chairs. What is his proﬁt percentage?

An article is sold at a discount of 25%. If the marked price of article is Rs. 6000, then what will be the selling price of article?

I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?

A dealer gets Rs. 470 more if instead of selling a table at loss of 10% it is sold at gain of 10%. Find the cost price of the table?

A shopkeeper decides to raise the marked price of an article by 10%, How much discount should he allow so as to be able to sell the article at the original marked price?

A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for Rs. 1,000 more, he would have made a profit of 40%. The cost price of the article (in Rs.) is:

Giving two successive discounts of 60% is equal to giving one discount of ________%.

On selling an article, Ram got a profit of 80%. If the CP is increased by 20%, find the percentage decrease in profit percentage.

Marked price of an article is Rs. 1500. If \(16\frac{2}{3}\%\) discount is given, then what is the selling price?

An article has marked price of Rs 4700. If two successive discounts of 10% and 15% are given, then what will be the selling price (in Rs.)?

A, B, and C invested in a common business. A invested Rs. 5,000 for 2 months, B invested Rs. 6,000 for 3 months and C invested Rs. 4,000 for 5 months. Out of a total profit of Rs. 960, ‘A’s share is

By selling an article, what is the profit percent gained?I) 5% discount is given on the list price.II) If the discount is not given, 20% profit is gained.III) The cost price of the articles is Rs. 5,000.

A shopkeeper earns a profit of 25% when he sells an article by allowing 20% discount on its marked price. If the cost price of the article is decreased by 20%, how much discount percent should he allow now on the same marked price so as to earn the same percentage of profit as earlier?

A watch is sold at 5% loss. If the cost price had been 20% more and selling price Rs.115 less, there would have been 40% loss. What is the cost price?

A man purchased 35 kg of rice at the rate of Rs 9.50 per kg and 30 kg at the rate of Rs 10.50 per kg he mixed the two Approximately at what price (in Rupees) ber kg should he sell the mixture to make 35 % profit in the transaction ?

P bought an article for Rs. 400 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?

If three successive discounts of 10%, 15% and 30% are given, then what will be the net discount (in percentage)?

A grocer mixes two varieties of wheat and sells the mixture at Rs. 28 per kg to earn a profit of 25%. If the cost price of the first variety is twice that of the second, and he has mixed them in the ratio 2 : 3, then find the price per kg of the cheaper variety.

A dealer sold an article at a loss of 2%. Had he sold it for Rs. 44 more, he would have gained 20%. Find the cost price of the article

Find the single discount that is equivalent to a series of discounts of 20%, 10% and 5%?

A vendor buys bananas at 7 for Rs. 6 and sells at 6 for Rs. 7. What will be the result?

Profit earned on a ball is \(\frac{3}{5}\) of its selling price. If the selling price of the ball is Rs. 120, then how much profit is earned on this ball?

An article was purchased for Rs.7000. Later its price was marked up by 30%. It was sold at a discount of 10% on the marked-up price. What was the profit percent on the cost price?

A man sold his furniture at a 25% gain. Had he sold at 15% loss. He would have received ₹ 800 less. Find cost price of the furniture.

A person sold two articles for Rs. 1836 each. On one he gained 20% and on the other, he lost 20%. What is his overall gain or loss percent, correct to one decimal place?

An article bought for Rs.76 was sold at a profit of Rs.12.50.Find the selling price?

If the selling price of an item is Rs. 9750 after getting a discount of 25%, then what was its marked price (in Rs.)?

B borrows money from A at 6% p.a. simple interest, for the first year, and lends it to C at compound interest of 10% p.a, for the second year. If B collects the money back from C after the completion of the second year, then what is the percentage profit for B in the overall transaction?

A cosmetic shop has different brands of cosmetics and ingredients. 50% of the shop's sales are made from hair material. 40% of sales are from personal hygiene products. The store sales average Rs.15,00,000 every quarter. What is the average monthly sales per store for personal hygiene products?