A vendor has fixed the rate of a vegetable at Rs. 40 per kg. But he could not find buyers at this rate. So he reduced its price to Rs.35 per kg using a faulty weight of 910 gm for 1 kg. then the actual change in the price is

\(3\frac{{11}}{{13}}\% \) increase

\(4\frac{{11}}{{13}}\% \) decrease

\(4\frac{{11}}{{13}}\% \) increase

\(3\frac{{11}}{{13}}\% \) decrease

\(3\frac{{11}}{{13}}\% \) increase

3305 + Mcqs in Profit And Loss Page 3 McqOptions

101.	A sari is sold at Rs. 5,871 after the 5% discount. Find its marked Price.A. 5577B. 6880C. 6180D. 5734
A.	C
B.	B
C.	A
D.	D
Answer» B. B

Discussion

102.	A shopkeeper allows 20% discount on the marked price of an article and still makes a profit of 28%. If he sells it at 12.5% discount on the marked price, then his gain percent is:
A.	20.5
B.	24.6
C.	36
D.	40
Answer» E.

Discussion

103.	An article was sold for Rs. 500. Had the selling price been 10% less, the profit would have been 12.5%. What is the cost price of the article?
A.	Rs. 360
B.	Rs. 480
C.	Rs. 420
D.	Rs. 400
Answer» E.

Discussion

104.	A shop keeper purchase 10 kg of rice and 20 kg of sugar at Rs. 75 and Rs. 85 per kg respectively. On selling, he gained 20% on rice and 10% on sugar. What was the total sale price?
A.	Rs. 2,695
B.	Rs. 2,770
C.	Rs. 2,800
D.	Rs. 2,750
Answer» C. Rs. 2,800

Discussion

105.	At what price should a shirt, costing Rs. 602, be marked so that there is a profit of 10% when it is sold by giving 14% discount on its marked price?
A.	Rs. 700
B.	Rs. 770
C.	Rs. 660
D.	Rs. 750
Answer» C. Rs. 660

Discussion

106.	If a saree is sold for Rs. 3060, the seller will face 15% loss, at what price should he sell the saree to gain a 20% profit?
A.	Rs. 4320
B.	Rs. 3,600
C.	Rs. 4,650
D.	Rs. 3,440
Answer» B. Rs. 3,600

Discussion

107.	If the rice is sold at Rs. 48 per kg, then there would be a 20% loss. To earn a proﬁt of 20% what should be the price of rice (per kg)?
A.	72
B.	76
C.	78
D.	84
Answer» B. 76

Discussion

108.	A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to those customers who pay cash. What does a customer have to pay (in Rs) in the case for a toy of Rs 200?
A.	133.7
B.	129.8
C.	163.2
D.	153.3
Answer» D. 153.3

Discussion

109.	A shopkeeper marked the price of an electric fan 15% more than what he paid for it while buying. But while selling, he allowed a discount of 10% on the price marked on the fan. What profit per cent on his cost he got by selling the fan?
A.	5%
B.	4.5%
C.	4%
D.	3.5%
Answer» E.

Discussion

110.	A vendor has fixed the rate of a vegetable at Rs. 40 per kg. But he could not find buyers at this rate. So he reduced its price to Rs.35 per kg using a faulty weight of 910 gm for 1 kg. then the actual change in the price is
A.	\(4\frac{{11}}{{13}}\% \) decrease
B.	\(4\frac{{11}}{{13}}\% \) increase
C.	\(3\frac{{11}}{{13}}\% \) decrease
D.	\(3\frac{{11}}{{13}}\% \) increase
Answer» D. \(3\frac{{11}}{{13}}\% \) increase

Discussion

111.	If the CP of an item is Rs. 500 while the SP is Rs. 600, then find the profit %.
A.	16.66%
B.	25%
C.	20%
D.	None of the above
Answer» D. None of the above

Discussion

112.	If the selling price of 6 pens is equal to the cost price of 8 pens, then profit / loss in percentage is:
A.	25% profit
B.	25% loss
C.	\(33 \frac 1 3\%\) loss
D.	\(33 \frac 1 3\%\) profit
Answer» E.

Discussion

113.	A book seller offers a discount of 10%. Find the price paid by the customer for a book, which is marked at Rs. 62.
A.	Rs. 50.25
B.	Rs. 55.80
C.	Rs. 65.50
D.	Rs. 60.75
Answer» C. Rs. 65.50

Discussion

114.	A, B and C started a business by investing the sum of money in the ratio of 3 ∶ 4 ∶ 2 and after one year the profit earned by B is Rs. 20,000, then find the total profit which was earned by all three after one year.
A.	Rs. 42000
B.	Rs. 45000
C.	Rs. 38000
D.	Rs. 50000
E.	Rs. 40000
Answer» C. Rs. 38000

Discussion

115.	Marked prices of two mobiles are given in the ratio of 7 : 5. A shopkeeper gives \(28 \frac 4 7 \%\) discount on first mobile. If the total discount on two mobiles is 20%. Find the discount given by shopkeeper on second mobile?
A.	12.50 percent
B.	8 percent
C.	4 percent
D.	10 percent
Answer» C. 4 percent

Discussion

116.	An article is marked 25% above its cost price. If x% discount is allowed on the marked price and still there is a profit of 5.5%, then what is the value of x?
A.	13.6
B.	15.4
C.	15.6
D.	16.4
Answer» D. 16.4

Discussion

117.	Ram bought an iPhone for Rs.75,000, Mac book for Rs.95,000, iPad for Rs.30,000 and sold all the items to Shyam at an average price of Rs.70,000. How much Profit did Ram made out of the deal?
A.	Rs.11,000
B.	Rs.12,000
C.	Rs.10,000
D.	Rs.10,500
Answer» D. Rs.10,500

Discussion

118.	A dinner set is quoted for Rs. 1500. A customer pays Rs. 1173 for it. If the customer got a series of two discounts and the rate of the first discount is 15% then the rate of the second discount was,
A.	15%
B.	7%
C.	9%
D.	8%
Answer» E.

Discussion

119.	Marked price of an article is 40% more than its cost price. If 25% discount is given, then what will be the profit percentage?
A.	12.5
B.	10
C.	15
D.	5
Answer» E.

Discussion

120.	Apoorv bought 26 kg of apples for Rs.2,340. He sold them at a profit equal to the selling price of 6 kg of apples. The selling price of apples per kg, was:
A.	Rs.110
B.	Rs.105
C.	Rs.117
D.	Rs.112
Answer» D. Rs.112

Discussion

121.	A vendor buys bananas at 12 for Rs. 50 and sells at 5 for Rs. 40. What will be the gain (in %)?
A.	82
B.	72
C.	92
D.	62
Answer» D. 62

Discussion

122.	A wholesaler purchased 7 pair of clips for a rupee. How many pair for a rupee must he sell to get profit of 40%?
A.	6
B.	5
C.	4
D.	3
Answer» C. 4

Discussion

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

Discussion

124.	An article is subject to two successive discounts of 10% and 5% before being sold. If its marked price is Rs. 800, then its selling price is:
A.	Rs. 722
B.	Rs. 703
C.	Rs. 684
D.	Rs. 680
Answer» D. Rs. 680

Discussion

125.	A shopkeeper buys a toy for Rs 250 and sells it for Rs 285. Find his gain %.
A.	14%
B.	20%
C.	12%
D.	8%
Answer» B. 20%

Discussion

126.	On selling a dining table at 5 percent loss and a sofa set at 15 percent gain, a man gains Rs. 2960. If he sells the dining table at 5 percent gain and the sofa set at 14 percent gain, then he gains Rs. 4000.The actual price of sofa set is:
A.	Rs. 23000
B.	Rs. 24000
C.	Rs. 25000
D.	Rs. 24500
Answer» C. Rs. 25000

Discussion

127.	A shopkeeper allows two successive discounts of 20% and 10% on selling an article. If he gets Rs. 432 for the article, then what is the marked price (in Rs.) of the article?
A.	650
B.	600
C.	580
D.	620
Answer» C. 580

Discussion

128.	Inclusive of a profit of 17% Spoorti sold a pair of footwear for Rs. 2,223. What was the cost price of the pair of shoes?
A.	Rs. 1,900
B.	Rs. 1,870
C.	Rs. 1,880
D.	Rs. 1,905
Answer» B. Rs. 1,870

Discussion

129.	Anil bought some articles at 6 for Rs. 8 and sold them at 10 for Rs. 12. His percentage loss or gain is:
A.	8% gain
B.	10% loss
C.	10% gain
D.	8% loss
Answer» C. 10% gain

Discussion

130.	At 25% discount the selling price of an article is Rs 4800, what is the selling price (in Rs) if the discount is 38%?
A.	4968
B.	3968
C.	3698
D.	4698
Answer» C. 3698

Discussion

131.	A dealer buys goods at 10% discount on its list price and sells 10% above the list price. His profit percent is:
A.	20%
B.	\(22\frac{2}{9}\) %
C.	\(11\frac{11}{9} \) %
D.	10%
Answer» C. \(11\frac{11}{9} \) %

Discussion

132.	If some articles are bought at Rs. 10 each and sold at Rs. 7 each, then what is the loss percentage?
A.	60
B.	16.67
C.	25
D.	30
Answer» E.

Discussion

133.	Karan purchased one dozen pens for Rs. 120/ - and sold a pack of 3 pens for Rs. 35/. What is his gain percentage?
A.	16.67%
B.	20%
C.	15%
D.	33.33%
Answer» B. 20%

Discussion

134.	If the selling price of 39 articles is equal to the cost price of 42 articles, then what will be the proﬁt percentage?
A.	8.33
B.	7.69
C.	9.09
D.	11.33
Answer» C. 9.09

Discussion

135.	A trader presently earns 17% profit by selling an article. If he increases the price of the article by Rs. 33.60, his gain percent increases to 29% What is the cost price of the article?
A.	Rs. 240
B.	Rs. 300
C.	Rs. 280
D.	Rs. 320
Answer» D. Rs. 320

Discussion

136.	A shopkeeper marked goods at Rs. 7000 and discounted them at 20%. A customer can avail 10% extra discount on being regular customer. Though, customer got discount of 15% instead of 10% discount. Shopkeeper still managed to earn a profit of 8%. What is the cost price of goods?
A.	4407.41
B.	4852.25
C.	4365.75
D.	4956.75
E.	4122.76
Answer» B. 4852.25

Discussion

137.	If the selling price is tripled and the cost price is doubled, the profit would become 65%. What is the present profit (in %)?
A.	20
B.	15
C.	25
D.	10
Answer» E.

Discussion

138.	An article is sold for Rs. 1725 at 15% profit. If it is sold at 15% loss, then what will be the selling price?
A.	Rs. 1025
B.	Rs. 1275
C.	Rs. 1325
D.	Rs. 1475
Answer» C. Rs. 1325

Discussion

139.	A person invests a sum of money in 100 rupees shares of a company paying 20% dividend, quoted at 25% premium. If his annual dividend is Rs 480, then what is the rate of return on his investment?
A.	10%
B.	12%
C.	15%
D.	16%
Answer» E.

Discussion

140.	If the cost price is 95% of the selling price, what is the profit percent?
A.	4%
B.	4.75%
C.	5%
D.	5.26 %
Answer» E.

Discussion

141.	If the cost price of 20 pencils is equal to the selling price of 15 pencils, then what is profit percent?
A.	\(33\frac{1}{2}\%\)
B.	\(33\frac{1}{3}\%\)
C.	\(33\frac{1}{5}\%\)
D.	\(33\frac{1}{7}\%\)
Answer» C. \(33\frac{1}{5}\%\)

Discussion

142.	A, B and C started a business by investing some amount in the ratio of \(\frac{7}{2} : \frac{4}{3} : \frac{6}{5}.\) After 4 months, A increases his share by 50 %. If the total profit at the end of one year is Rs. 18,900 , then C's share in the profit is -
A.	Rs. 3,150
B.	Rs. 3,500
C.	Rs. 6,300
D.	Rs. 12,250
Answer» B. Rs. 3,500

Discussion

143.	A invested Rs. 76,000 in a business. After a few months, B joined him with Rs. 57,000. At the end of the year, the total profit was divided between them in the ratio 2 : 1, After how many months did B join?
A.	6
B.	4
C.	3
D.	8
E.	5
Answer» C. 3

Discussion

144.	A school raises its fees by 20 percent. How much approximate discount should they give so as to run the school on no profit and no loss basis?
A.	16.50 percent
B.	20 percent
C.	16.66 percent
D.	17 percent
Answer» D. 17 percent

Discussion

145.	A dealer allows a 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price so as to earn the same percentage of profit as before?
A.	8.5%
B.	10%
C.	12%
D.	7.25%
Answer» C. 12%

Discussion

146.	A person bought an article at a 30% discount on its marked price. The person then sold It at a 30% profit for Rs. 427.70. What was the marked price of the article?
A.	Rs. 470
B.	Rs. 450
C.	Rs. 500
D.	Rs. 480
Answer» B. Rs. 450

Discussion

147.	A wholesaler sells a watch to a retailer at a gain of 20% and the retailer sells it to a customer at a loss of 10%. If the customer pays Rs 874.80, what had it cost the wholesaler?
A.	Rs. 945
B.	Rs. 810
C.	Rs. 994
D.	Rs. 675
Answer» C. Rs. 994

Discussion

148.	In Ramlal’s store, the marked price of a commodity is x% more than its cost price. Ramlal gives a discount of 50% and yet earns a profit of 50%. Determine the value of x.
A.	210
B.	250
C.	200
D.	220
Answer» D. 220

Discussion

149.	A shop-keeper marks an article, bought by him, at 25% above the cost price and allows a discount of 20% while selling it. What percentage of profit he gets?
A.	5%
B.	4%
C.	3%
D.	No profit or loss
Answer» E.

Discussion

150.	If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?
A.	10 : 13
B.	13 : 10
C.	7 : 10
D.	10 : 7
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A sari is sold at Rs. 5,871 after the 5% discount. Find its marked Price.A. 5577B. 6880C. 6180D. 5734

A shopkeeper allows 20% discount on the marked price of an article and still makes a profit of 28%. If he sells it at 12.5% discount on the marked price, then his gain percent is:

An article was sold for Rs. 500. Had the selling price been 10% less, the profit would have been 12.5%. What is the cost price of the article?

A shop keeper purchase 10 kg of rice and 20 kg of sugar at Rs. 75 and Rs. 85 per kg respectively. On selling, he gained 20% on rice and 10% on sugar. What was the total sale price?

At what price should a shirt, costing Rs. 602, be marked so that there is a profit of 10% when it is sold by giving 14% discount on its marked price?

If a saree is sold for Rs. 3060, the seller will face 15% loss, at what price should he sell the saree to gain a 20% profit?

If the rice is sold at Rs. 48 per kg, then there would be a 20% loss. To earn a proﬁt of 20% what should be the price of rice (per kg)?

A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to those customers who pay cash. What does a customer have to pay (in Rs) in the case for a toy of Rs 200?

A shopkeeper marked the price of an electric fan 15% more than what he paid for it while buying. But while selling, he allowed a discount of 10% on the price marked on the fan. What profit per cent on his cost he got by selling the fan?

A vendor has fixed the rate of a vegetable at Rs. 40 per kg. But he could not find buyers at this rate. So he reduced its price to Rs.35 per kg using a faulty weight of 910 gm for 1 kg. then the actual change in the price is

If the CP of an item is Rs. 500 while the SP is Rs. 600, then find the profit %.

If the selling price of 6 pens is equal to the cost price of 8 pens, then profit / loss in percentage is:

A book seller offers a discount of 10%. Find the price paid by the customer for a book, which is marked at Rs. 62.

A, B and C started a business by investing the sum of money in the ratio of 3 ∶ 4 ∶ 2 and after one year the profit earned by B is Rs. 20,000, then find the total profit which was earned by all three after one year.

Marked prices of two mobiles are given in the ratio of 7 : 5. A shopkeeper gives \(28 \frac 4 7 \%\) discount on first mobile. If the total discount on two mobiles is 20%. Find the discount given by shopkeeper on second mobile?

An article is marked 25% above its cost price. If x% discount is allowed on the marked price and still there is a profit of 5.5%, then what is the value of x?

Ram bought an iPhone for Rs.75,000, Mac book for Rs.95,000, iPad for Rs.30,000 and sold all the items to Shyam at an average price of Rs.70,000. How much Profit did Ram made out of the deal?

A dinner set is quoted for Rs. 1500. A customer pays Rs. 1173 for it. If the customer got a series of two discounts and the rate of the first discount is 15% then the rate of the second discount was,

Marked price of an article is 40% more than its cost price. If 25% discount is given, then what will be the profit percentage?

Apoorv bought 26 kg of apples for Rs.2,340. He sold them at a profit equal to the selling price of 6 kg of apples. The selling price of apples per kg, was:

A vendor buys bananas at 12 for Rs. 50 and sells at 5 for Rs. 40. What will be the gain (in %)?

A wholesaler purchased 7 pair of clips for a rupee. How many pair for a rupee must he sell to get profit of 40%?

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 ball. The cost price of a ball is -

An article is subject to two successive discounts of 10% and 5% before being sold. If its marked price is Rs. 800, then its selling price is:

A shopkeeper buys a toy for Rs 250 and sells it for Rs 285. Find his gain %.

On selling a dining table at 5 percent loss and a sofa set at 15 percent gain, a man gains Rs. 2960. If he sells the dining table at 5 percent gain and the sofa set at 14 percent gain, then he gains Rs. 4000.The actual price of sofa set is:

A shopkeeper allows two successive discounts of 20% and 10% on selling an article. If he gets Rs. 432 for the article, then what is the marked price (in Rs.) of the article?

Inclusive of a profit of 17% Spoorti sold a pair of footwear for Rs. 2,223. What was the cost price of the pair of shoes?

Anil bought some articles at 6 for Rs. 8 and sold them at 10 for Rs. 12. His percentage loss or gain is:

At 25% discount the selling price of an article is Rs 4800, what is the selling price (in Rs) if the discount is 38%?

A dealer buys goods at 10% discount on its list price and sells 10% above the list price. His profit percent is:

If some articles are bought at Rs. 10 each and sold at Rs. 7 each, then what is the loss percentage?

Karan purchased one dozen pens for Rs. 120/ - and sold a pack of 3 pens for Rs. 35/. What is his gain percentage?

If the selling price of 39 articles is equal to the cost price of 42 articles, then what will be the proﬁt percentage?

A trader presently earns 17% profit by selling an article. If he increases the price of the article by Rs. 33.60, his gain percent increases to 29% What is the cost price of the article?

A shopkeeper marked goods at Rs. 7000 and discounted them at 20%. A customer can avail 10% extra discount on being regular customer. Though, customer got discount of 15% instead of 10% discount. Shopkeeper still managed to earn a profit of 8%. What is the cost price of goods?

If the selling price is tripled and the cost price is doubled, the profit would become 65%. What is the present profit (in %)?

An article is sold for Rs. 1725 at 15% profit. If it is sold at 15% loss, then what will be the selling price?

A person invests a sum of money in 100 rupees shares of a company paying 20% dividend, quoted at 25% premium. If his annual dividend is Rs 480, then what is the rate of return on his investment?

If the cost price is 95% of the selling price, what is the profit percent?

If the cost price of 20 pencils is equal to the selling price of 15 pencils, then what is profit percent?

A, B and C started a business by investing some amount in the ratio of \(\frac{7}{2} : \frac{4}{3} : \frac{6}{5}.\) After 4 months, A increases his share by 50 %. If the total profit at the end of one year is Rs. 18,900 , then C's share in the profit is -

A invested Rs. 76,000 in a business. After a few months, B joined him with Rs. 57,000. At the end of the year, the total profit was divided between them in the ratio 2 : 1, After how many months did B join?

A school raises its fees by 20 percent. How much approximate discount should they give so as to run the school on no profit and no loss basis?

A dealer allows a 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price so as to earn the same percentage of profit as before?

A person bought an article at a 30% discount on its marked price. The person then sold It at a 30% profit for Rs. 427.70. What was the marked price of the article?

A wholesaler sells a watch to a retailer at a gain of 20% and the retailer sells it to a customer at a loss of 10%. If the customer pays Rs 874.80, what had it cost the wholesaler?

In Ramlal’s store, the marked price of a commodity is x% more than its cost price. Ramlal gives a discount of 50% and yet earns a profit of 50%. Determine the value of x.

A shop-keeper marks an article, bought by him, at 25% above the cost price and allows a discount of 20% while selling it. What percentage of profit he gets?

If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?