3305 + Mcqs in Profit And Loss Page 5 McqOptions

201.	A trader gives a discount of 30% on the marked price. To earn proﬁt of 5%, by how much percent should he mark the price of his goods higher than its cost price?
A.	40
B.	35
C.	50
D.	25
Answer» D. 25

Discussion

202.	A milkman buys milk at Rs. 24 per litre. He adds 1/5 of water to it and sells the mixture at Rs. 32 per litre. What will be his gain (in %)?
A.	50
B.	40
C.	30
D.	60
Answer» E.

Discussion

203.	Rahul sells two helmets at the rate of Rs. 1232 each. He gains 12% on one and loses 12% on the other. What will be the total loss (in Rs) in the whole transaction?
A.	54
B.	36
C.	18
D.	72
Answer» C. 18

Discussion

204.	By Selling 4 articles for 1 rupee, a man proﬁts 25%. Had he sold 6 articles per rupee, then what will be the loss percentage?
A.	33.33
B.	16.67
C.	25
D.	40
Answer» C. 25

Discussion

205.	By selling a T-shirt for Rs 216, a shopkeeper loses 4%. For how much should he sell it to gain 12%?
A.	552
B.	352
C.	252
D.	652
Answer» D. 652

Discussion

206.	A table is sold for Rs. 12000. If marked price of the table is Rs. 15000, then what will be the discount percentage?
A.	28 percentage
B.	20 percentage
C.	15 percentage
D.	25 percentage
Answer» C. 15 percentage

Discussion

207.	If cost price of an article is Rs. 1240 and loss is 32%, then what will be the selling price of the article?
A.	Rs. 820.62
B.	Rs. 843.20
C.	Rs. 780.72
D.	Rs. 759.60
Answer» C. Rs. 780.72

Discussion

208.	Jeeva purchased an article for Rs. 2500 and sold it at 25% above cost and paid a tax of Rs. 125. Find the post-tax profit in rupees.
A.	500
B.	550
C.	475
D.	625
Answer» B. 550

Discussion

209.	Himanshi bought a t-shirt at 20% discount on its marked price but sold it at the marked price. What is the gain or loss percent on the whole transaction?
A.	15% gain
B.	15% loss
C.	25% gain
D.	25% loss
Answer» D. 25% loss

Discussion

210.	B starts a business by investing Rs. 60000. After 5 months, D joins business by investing Rs. 80000. At the end of the year, in what ratio will they share the profit?
A.	9 : 7
B.	48 : 35
C.	14 : 11
D.	12 : 15
Answer» B. 48 : 35

Discussion

211.	A seller sells a book for Rs. 24 and loses 20% of the cost. What would be the profit or loss if he sells for Rs. 27?
A.	Loss Rs. 1
B.	Profit Rs. 4
C.	Loss Rs. 3
D.	Profit Rs. 6
Answer» D. Profit Rs. 6

Discussion

212.	If profit is 20% of the selling price, then profit is what percent of the cost price?
A.	15%
B.	20%
C.	25%
D.	22.5%
Answer» D. 22.5%

Discussion

213.	A man incurs a loss of 19% on selling a product for Rs. 1000. What is the cost price of the product?
A.	Rs. 700
B.	Rs. 800
C.	Rs. 400
D.	Rs. 1234.56
Answer» E.

Discussion

214.	Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was
A.	4000
B.	6000
C.	8000
D.	2000
Answer» B. 6000

Discussion

215.	If Raghu buys a book for Rs 800 and sells it for Rs. 1,000, then what will be his gain percentage?
A.	30%
B.	40%
C.	25%
D.	20%
Answer» D. 20%

Discussion

216.	By selling a sofa set for Rs. 25,800 and a table for Rs. 5,000, a shopkeeper gains 10% on the whole transaction. However, if he sells the sofa set for Rs. 22,500 and the table for its original cost, he loses 5%. What is the original cost of the table?
A.	Rs. 3,500
B.	Rs. 3,834
C.	Rs. 4,750
D.	Rs. 4,100
Answer» E.

Discussion

217.	20% discount is offered on an item. By applying a promo code the customer wins 30% cash back on the discounted price. What is the effective discount?
A.	44 percent
B.	30 percent
C.	32 percent
D.	22 percent
Answer» B. 30 percent

Discussion

218.	A, B and C are partners. They share profit in the ratio of 5 ∶ 3 ∶ 6. If A earns Rs. 1, 92,380 as his share of profit, then the share of C is∶
A.	Rs. 2,30,856
B.	Rs. 1,15,428
C.	Rs. 82,449
D.	Rs. 1,60,317
Answer» B. Rs. 1,15,428

Discussion

219.	A wholesaler sells books to a retailer at 10% profit. The retailer sells these books to customers at a profit of 8%. If the customer pays Rs. 270 for a book, then find the cost of the book to the retailer.
A.	Rs. 500
B.	Rs. 400
C.	Rs. 330
D.	Rs. 250
Answer» E.

Discussion

220.	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.	190
B.	\(Rs.\;207\frac{{13}}{{17}}\)
C.	180
D.	\(Rs.\;211\frac{{13}}{{17}}\)
Answer» E.

Discussion

221.	A merchant incurred a loss of 5% by selling a book for Rs. 25.65. If he sells it for Rs.31.05 , find his gain percent or loss percent.
A.	Gain 15%
B.	Loss 15%
C.	Gain 10%
D.	Loss 10%
Answer» B. Loss 15%

Discussion

222.	A man gains 30% by selling an article for a certain price. If he sells it at double the current selling price, then what will be the profit percentage?
A.	160
B.	130
C.	120
D.	140
Answer» B. 130

Discussion

223.	A, B and C started a business by investing Rs. 1,37,500, Rs. 1,62,500 and Rs. 1,87,500 respectively. A is a working partner and gets 20% of the profit as working allowance and remaining is distributed in the proportion of their investment. If the total profit is Rs. 2,19,375 what is the share of C?
A.	Rs. 64,500
B.	Rs. 62,700
C.	Rs. 67,500
D.	Rs. 88,600
Answer» D. Rs. 88,600

Discussion

224.	An article is sold for Rs 4080 after a discount of 15%. What is the marked price (in Rs) of the article?
A.	4600
B.	4800
C.	4950
D.	5150
Answer» C. 4950

Discussion

225.	An article was sold at Rs. 920 at a profit of 15%. Find the selling price to get a profit of 20%.
A.	Rs. 1,000
B.	Rs. 980
C.	Rs. 960
D.	Rs. 940
Answer» D. Rs. 940

Discussion

226.	Raj started a business with Rs. 37,500. After some time Umed joined the business with Rs. 50,000. After one year they shared the profit equally. Find after how many months Umed joined the business.
A.	3 months
B.	9 months
C.	4 months
D.	8 months
Answer» B. 9 months

Discussion

227.	A man sells 30 meter of wire and gains selling price of 10 meter wire. find the gain% of the man.
A.	40%
B.	50%
C.	60%
D.	30%
Answer» C. 60%

Discussion

228.	P and Q have invested in a business of 4 : 7. P has invested for 21 months. If P and Q receive profit in the ratio of 3 : 5, then for how many month did Q invested?
A.	20
B.	18
C.	17
D.	15
Answer» B. 18

Discussion

229.	A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles?
A.	Rs. 11
B.	Rs. 33
C.	Rs. 22
D.	Rs. 44
Answer» D. Rs. 44

Discussion

230.	A man gains 25% by selling an article at a certain price. If he sells the same article at half the price, then what is the loss percentage?
A.	62.5
B.	27.5
C.	37.5
D.	32.5
Answer» D. 32.5

Discussion

231.	A and B invested an amount of Rs. 6000 and Rs. 9000 respectively in a business for the time duration in the ratio of 5 : 3. If they earned a profit of Rs. 4370. Find the share of A in the profit.
A.	2300
B.	2400
C.	2500
D.	2600
E.	2700
Answer» B. 2400

Discussion

232.	If on a Sale there is 30% discount on the marked price of Rs. 2500, but the sale is done at Rs. 1400 only. What additional discount (in %) did the customer get?
A.	15
B.	20
C.	30
D.	25
Answer» C. 30

Discussion

233.	A person buys 5 tables and 9 chairs for Rs. 15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tables and chairs is Rs. 2,080 what is the cost price of 3 chairs?
A.	Rs. 1,860
B.	Rs. 1,740
C.	Rs. 1,800
D.	Rs. 1,890
Answer» D. Rs. 1,890

Discussion

234.	A trader earns 20% profit by selling an article. If he increases the price of the article by Rs.130, his gain percentage increases to 28%. What is the cost price of the article?
A.	Rs.1,620
B.	Rs.1,650
C.	Rs.1,600
D.	Rs.1,625
Answer» E.

Discussion

235.	A merchant claims that he sells his goods at CP. But uses a weight of 900 g for the 1 kg weight. find his gain %
A.	12%
B.	11%
C.	11.11%
D.	12.5%
Answer» D. 12.5%

Discussion

236.	A shopkeeper purchased 90 pens and the cost price of each pen is Rs. 10 and he sold it in two parts, the first part at 20% profit and sold the second part at 10% profit. If he sold all 90 pens at a certain price and got a 15% profit. If the profit earns in the second condition is more than the first condition and the difference in profits from both the conditions is Rs. 40. Find how many pens were sold at 20% profit.
A.	10
B.	15
C.	5
D.	20
E.	8
Answer» D. 20

Discussion

237.	If trader sells an article at Rs. 528, then his loss is 12%. What is the cost price (in Rs.) of the article?
A.	612
B.	576
C.	600
D.	633
Answer» D. 633

Discussion

238.	A shopkeeper bought 80 kg of rice at a discount of 10% Besides 1kg rice was offered free to him on the purchase of every 20 kg rice. If he sells the rice at the marked price, his profit percentage will be:
A.	\(15\frac{1}{3}\% \)
B.	\(16\frac{2}{3}\%\)
C.	\(14\frac{2}{7}\%\)
D.	\(15\frac{3}{7}\% \)
Answer» C. \(14\frac{2}{7}\%\)

Discussion

239.	A starts a taxi service by investing Rs. 25 lakhs. After 3 months, B joins the business by investing RS 40 lakhs then 4 months after B joined, C too joins by investing Rs. 50 lakhs. One year after A started the business they make Rs 2,73,000 in profit . What is C's share of the profit(in Rs)?
A.	Rs1,00,000
B.	Rs.75,000
C.	Rs.1,25,000
D.	Rs.1,50,000
E.	none of the above
Answer» C. Rs.1,25,000

Discussion

240.	A grocer buys 600 eggs at 75 paise each out of them 50 eggs were found broken. At what rate should he sell the remaining eggs so as gain 10%?
A.	80 paise
B.	90 paise
C.	Rs. 1
D.	Rs. 2
Answer» C. Rs. 1

Discussion

241.	If on a sale there is 35% discount on the marked price of Rs. 2400, but the sale is done at Rs. 1248 only then what additional discount (in %) did the customer get?
A.	20
B.	15
C.	25
D.	30
Answer» B. 15

Discussion

242.	If the ratio of marked price and selling price is 14 : 11, then what is the discount percentage?
A.	42.58
B.	21.42
C.	36.36
D.	33.33
Answer» C. 36.36

Discussion

243.	A man bought 2 articles for Rs. 4158 each. He sold one article at 15% loss. Then at what percent profit the other article should be sold so that no profit/loss percentage is earned.
A.	18%
B.	10%
C.	12%
D.	15%
Answer» E.

Discussion

244.	A article is sold at successive discounts of 18% and 15% on the market price. If market price of the article is Rs. 5,000, What is the selling price of the article?
A.	Rs. 3,350
B.	Rs. 3,770
C.	Rs. 3,485
D.	Rs. 3,465
Answer» D. Rs. 3,465

Discussion

245.	An article is sold for Rs. 4777 after giving discount of 15%. What is the marked price of article?
A.	Rs. 5620
B.	Rs. 5494
C.	Rs. 5348
D.	Rs. 5248
Answer» B. Rs. 5494

Discussion

246.	Megamart sells one pressure cooker at a profit of 30% and the other at a loss of 30% and each has an equal selling price of Rs. 900. What is the percentage of profit/loss earned by Megamart (approx value)?A. 10%B. 4% C. 9%D. 8%
A.	D
B.	C
C.	B
D.	A
Answer» C. B

Discussion

247.	A, B and C invest in a business in the ratio 4 ∶ 5 ∶ 7. C is a sleeping partner, so his share of profits will be half of what it would have been if he were a working partner. If they make Rs 36,000 profit of which 25% is reinvested in the business, how much does B get (in Rs)?
A.	7560
B.	10800
C.	8640
D.	9200
Answer» C. 8640

Discussion

248.	An article has marked price of Rs. 6800. If two successive discounts of 12% and 20% are given, then what will be the selling price (in Rs.)?
A.	4787.2
B.	4624
C.	4460.8
D.	4524
Answer» B. 4624

Discussion

249.	A used two-wheeler dealer sells a scooter for Rs. 46,000 and makes some loss. If he had sold it for Rs. 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?
A.	52000
B.	54000
C.	48000
D.	50000
Answer» E.

Discussion

250.	A person sold an article at a loss of 16%. Had he sold it for Rs. 660 more, he would have gained 8%. What should be the selling price (in Rs.) to gain a profit of 12%?
A.	2,970
B.	3,200
C.	2,750
D.	3,080
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A trader gives a discount of 30% on the marked price. To earn proﬁt of 5%, by how much percent should he mark the price of his goods higher than its cost price?

A milkman buys milk at Rs. 24 per litre. He adds 1/5 of water to it and sells the mixture at Rs. 32 per litre. What will be his gain (in %)?

Rahul sells two helmets at the rate of Rs. 1232 each. He gains 12% on one and loses 12% on the other. What will be the total loss (in Rs) in the whole transaction?

By Selling 4 articles for 1 rupee, a man proﬁts 25%. Had he sold 6 articles per rupee, then what will be the loss percentage?

By selling a T-shirt for Rs 216, a shopkeeper loses 4%. For how much should he sell it to gain 12%?

A table is sold for Rs. 12000. If marked price of the table is Rs. 15000, then what will be the discount percentage?

If cost price of an article is Rs. 1240 and loss is 32%, then what will be the selling price of the article?

Jeeva purchased an article for Rs. 2500 and sold it at 25% above cost and paid a tax of Rs. 125. Find the post-tax profit in rupees.

Himanshi bought a t-shirt at 20% discount on its marked price but sold it at the marked price. What is the gain or loss percent on the whole transaction?

B starts a business by investing Rs. 60000. After 5 months, D joins business by investing Rs. 80000. At the end of the year, in what ratio will they share the profit?

A seller sells a book for Rs. 24 and loses 20% of the cost. What would be the profit or loss if he sells for Rs. 27?

If profit is 20% of the selling price, then profit is what percent of the cost price?

A man incurs a loss of 19% on selling a product for Rs. 1000. What is the cost price of the product?

Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

If Raghu buys a book for Rs 800 and sells it for Rs. 1,000, then what will be his gain percentage?

By selling a sofa set for Rs. 25,800 and a table for Rs. 5,000, a shopkeeper gains 10% on the whole transaction. However, if he sells the sofa set for Rs. 22,500 and the table for its original cost, he loses 5%. What is the original cost of the table?

20% discount is offered on an item. By applying a promo code the customer wins 30% cash back on the discounted price. What is the effective discount?

A, B and C are partners. They share profit in the ratio of 5 ∶ 3 ∶ 6. If A earns Rs. 1, 92,380 as his share of profit, then the share of C is∶

A wholesaler sells books to a retailer at 10% profit. The retailer sells these books to customers at a profit of 8%. If the customer pays Rs. 270 for a book, then find the cost of the book to the retailer.

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 incurred a loss of 5% by selling a book for Rs. 25.65. If he sells it for Rs.31.05 , find his gain percent or loss percent.

A man gains 30% by selling an article for a certain price. If he sells it at double the current selling price, then what will be the profit percentage?

A, B and C started a business by investing Rs. 1,37,500, Rs. 1,62,500 and Rs. 1,87,500 respectively. A is a working partner and gets 20% of the profit as working allowance and remaining is distributed in the proportion of their investment. If the total profit is Rs. 2,19,375 what is the share of C?

An article is sold for Rs 4080 after a discount of 15%. What is the marked price (in Rs) of the article?

An article was sold at Rs. 920 at a profit of 15%. Find the selling price to get a profit of 20%.

Raj started a business with Rs. 37,500. After some time Umed joined the business with Rs. 50,000. After one year they shared the profit equally. Find after how many months Umed joined the business.

A man sells 30 meter of wire and gains selling price of 10 meter wire. find the gain% of the man.

P and Q have invested in a business of 4 : 7. P has invested for 21 months. If P and Q receive profit in the ratio of 3 : 5, then for how many month did Q invested?

A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles?

A man gains 25% by selling an article at a certain price. If he sells the same article at half the price, then what is the loss percentage?

A and B invested an amount of Rs. 6000 and Rs. 9000 respectively in a business for the time duration in the ratio of 5 : 3. If they earned a profit of Rs. 4370. Find the share of A in the profit.

If on a Sale there is 30% discount on the marked price of Rs. 2500, but the sale is done at Rs. 1400 only. What additional discount (in %) did the customer get?

A person buys 5 tables and 9 chairs for Rs. 15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tables and chairs is Rs. 2,080 what is the cost price of 3 chairs?

A trader earns 20% profit by selling an article. If he increases the price of the article by Rs.130, his gain percentage increases to 28%. What is the cost price of the article?

A merchant claims that he sells his goods at CP. But uses a weight of 900 g for the 1 kg weight. find his gain %

If trader sells an article at Rs. 528, then his loss is 12%. What is the cost price (in Rs.) of the article?

A shopkeeper bought 80 kg of rice at a discount of 10% Besides 1kg rice was offered free to him on the purchase of every 20 kg rice. If he sells the rice at the marked price, his profit percentage will be:

A starts a taxi service by investing Rs. 25 lakhs. After 3 months, B joins the business by investing RS 40 lakhs then 4 months after B joined, C too joins by investing Rs. 50 lakhs. One year after A started the business they make Rs 2,73,000 in profit . What is C's share of the profit(in Rs)?

A grocer buys 600 eggs at 75 paise each out of them 50 eggs were found broken. At what rate should he sell the remaining eggs so as gain 10%?

If on a sale there is 35% discount on the marked price of Rs. 2400, but the sale is done at Rs. 1248 only then what additional discount (in %) did the customer get?

If the ratio of marked price and selling price is 14 : 11, then what is the discount percentage?

A man bought 2 articles for Rs. 4158 each. He sold one article at 15% loss. Then at what percent profit the other article should be sold so that no profit/loss percentage is earned.

A article is sold at successive discounts of 18% and 15% on the market price. If market price of the article is Rs. 5,000, What is the selling price of the article?

An article is sold for Rs. 4777 after giving discount of 15%. What is the marked price of article?

Megamart sells one pressure cooker at a profit of 30% and the other at a loss of 30% and each has an equal selling price of Rs. 900. What is the percentage of profit/loss earned by Megamart (approx value)?A. 10%B. 4% C. 9%D. 8%

A, B and C invest in a business in the ratio 4 ∶ 5 ∶ 7. C is a sleeping partner, so his share of profits will be half of what it would have been if he were a working partner. If they make Rs 36,000 profit of which 25% is reinvested in the business, how much does B get (in Rs)?

An article has marked price of Rs. 6800. If two successive discounts of 12% and 20% are given, then what will be the selling price (in Rs.)?

A used two-wheeler dealer sells a scooter for Rs. 46,000 and makes some loss. If he had sold it for Rs. 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?

A person sold an article at a loss of 16%. Had he sold it for Rs. 660 more, he would have gained 8%. What should be the selling price (in Rs.) to gain a profit of 12%?