3305 + Mcqs in Profit And Loss Page 6 McqOptions

251.	Manoj’s commission is 10% on all sales up to Rs. 10,000 and 5% on all sales exceeding this. He remits Rs. 75,500 to his company after deducting his commission. The total sales will come out to be:
A.	Rs. 78,000
B.	Rs. 80,000
C.	Rs. 85,000
D.	Rs. 90,000
Answer» C. Rs. 85,000

Discussion

252.	A man bought 2 articles for Rs. 3050 each. He sold one article at 10% loss and another at 20% profit. The total profit/loss percentage he earned is:
A.	10% profit
B.	10% loss
C.	5% loss
D.	5% profit
Answer» E.

Discussion

253.	Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at 20% discount on the labeled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs.2112, and makes a 10% profit. With no discounts, his percentage of profit would have been
A.	60 %
B.	54 %
C.	55 %
D.	50 %
Answer» E.

Discussion

254.	A trader gets 25% profit by selling an article. If he buys at half the rate and sells at the same selling price as before, then what will be his percentage profit?
A.	50
B.	100
C.	125
D.	150
Answer» E.

Discussion

255.	By selling an article for Rs. 2300, Rekha gains 25%. If she sells it for Rs. 1955, then her loss/gain percent is:
A.	6.5% loss
B.	6.5% gain
C.	6.25% gain
D.	6.25% loss
Answer» D. 6.25% loss

Discussion

256.	Pawan and Raman started a business by investing Rs. 18000 and Rs. 25200 respectively. What is the share of Pawan in the profit of Rs. 8640 earned at the end of the year?
A.	Rs. 3100
B.	Rs. 3600
C.	Rs. 2700
D.	Rs. 3250
Answer» C. Rs. 2700

Discussion

257.	An oil merchant wants to make a minimum profit of Rs. 2,100 by selling 50 litres of oil he purchased at Rs. 236 per litre. For this, he adds a few litres of duplicate oil whose cost price is Rs. 180 per litre and sells at Rs. 250 per litre. How many litres of duplicate oil is needed for this purpose?
A.	18 litres
B.	22 litres
C.	20 litres
D.	16 litres
Answer» D. 16 litres

Discussion

258.	Pankaj buys 10 lemons for Rs. 80. At what price should he sell a dozen lemons, if he wishes to make a profit of 25%?
A.	Rs. 10
B.	Rs. 120
C.	Rs. 100
D.	Rs. 240
Answer» C. Rs. 100

Discussion

259.	Cost price of an article is Rs. 1440 and its selling price is Rs. 1800. What is the profit percentage?
A.	12.5%
B.	20%
C.	15%
D.	25%
Answer» E.

Discussion

260.	By selling an article for Rs. 2700, a man loses 10%. If he sells it for Rs. 3600, his gain per cent is
A.	15
B.	18
C.	20
D.	25
Answer» D. 25

Discussion

261.	A man sold a watch at a discount of 60% for Rs. 1560. What is the marked price of the watch?
A.	Rs. 3600
B.	Rs. 3300
C.	Rs. 3900
D.	Rs. 3700
Answer» D. Rs. 3700

Discussion

262.	A watch dealer pays 10% customs duty on a watch which costs Rs. 500 abroad. He desires to make a profit of 20% after giving a discount of 25% to the buyer. The marked price should be:
A.	Rs. 950
B.	Rs. 800
C.	Rs. 880
D.	Rs. 660
Answer» D. Rs. 660

Discussion

263.	A businessman purchases an item at a certain price and marks its price up by 30%. He sells the item at a certain discount on markup price and makes a net profit of 4% on the whole transaction. Find the discount given by businessman on markup price.
A.	10
B.	15
C.	26
D.	20
Answer» E.

Discussion

264.	On a marked price, the difference of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is Rs. 504. The marked price of the article (in Rs.) is:
A.	16,000
B.	18,000
C.	15,500
D.	16,800
Answer» E.

Discussion

265.	A purchased an article and sold it to B at a loss of 20% and B sold it to C at a gain of 20%. C purchases the article for Rs 480. For what price (in Rs) A has purchased the article?
A.	500
B.	450
C.	420
D.	480
Answer» B. 450

Discussion

266.	A seller sells 2 articles, one of them for Rs 1200 at 20% profit and another one for Rs 1350 at 10% loss. Find the overall gain percent.
A.	2 percent
B.	1 percent
C.	4 percent
D.	3 percent
Answer» B. 1 percent

Discussion

267.	If some articles are bought at Rs. 16 each and sold at Rs. 18 each, then what is the proﬁt percentage?
A.	11.11
B.	12.5
C.	25
D.	9.09
Answer» C. 25

Discussion

268.	Ashok has two such types of wheat at Rs 60 per kg and Rs 85 per kg. If he makes 20% profit by selling his mixture at Rs. 84 per kg, what will be the ratio of these types in the mixture?
A.	1 ∶ 2
B.	3 ∶ 2
C.	2 ∶ 1
D.	1 ∶ 3
Answer» C. 2 ∶ 1

Discussion

269.	A man sold two houses for Rs. 29,700,each. On one he incurred loss of 10%, while on other he gained 10%. The transaction gives:-
A.	Profit
B.	Neither profit nor loss
C.	Loss
D.	Insufficient data
Answer» D. Insufficient data

Discussion

270.	A shopkeeper bought two computer printers of different companies for Rs.10,500. By selling one printer at a gain of 20% and the other printer at a loss of 10%, he finds that the selling price of each printer is the same. What is the net profit or loss?
A.	Profit Rs.1,050
B.	Loss Rs.1,050
C.	Profit Rs.300
D.	Profit Rs.525
Answer» D. Profit Rs.525

Discussion

271.	If the cost price of 15 articles is equal to the selling price of 12 articles, then what is the profit percentage?
A.	10%
B.	20%
C.	25%
D.	15%
Answer» D. 15%

Discussion

272.	By selling an article if the loss is 12%, then what will be the ratio of cost price and selling price?
A.	20 ∶ 19
B.	25 ∶ 22
C.	17 ∶ 15
D.	None of the above
Answer» C. 17 ∶ 15

Discussion

273.	Nitesh purchased a new Mobile for 30 percent discount. Had Nitesh got no discount, Nitesh would have had to pay Rs. 3000 more. How much did Nitesh pay for the Mobile?
A.	Rs. 7000
B.	Rs. 8500
C.	Rs. 8000
D.	Rs. 7500
Answer» B. Rs. 8500

Discussion

274.	A invests Rs. 6,00,000 more than B in a business. B invests his capital for \(7\frac{1}{2}\) months, while A invests his capital for \(2\frac{1}{2}\) more months than B. Out of the total profit of Rs. 12,40,000, if the share of B is Rs. 2,48,000 less than the share of A, then the capital of B is:
A.	Rs. 40,00,000
B.	Rs. 42,00,000
C.	Rs. 45,00,000
D.	Rs. 48,00,000
Answer» E.

Discussion

275.	A shopkeeper bought an article for Rs.100 and marked its price 25% above the cost price. How much discount percentage should be announcing in order to make a profit of 15%?
A.	8
B.	10
C.	8.25
D.	8.5
Answer» B. 10

Discussion

276.	Raman, Manan and Kamal are partners and invest in a business such that Raman invests 2/5th of total and Manan invest 3/8th of the total. What is the ratio of profit of Raman, Manan and Kamal respectively
A.	16 : 15 : 9
B.	16 : 15 : 31
C.	2 : 3 : 5
D.	15 : 16 : 9
Answer» B. 16 : 15 : 31

Discussion

277.	An article is sold at a profit of 30%. If the selling price is doubled, then what will be the profit percentage?
A.	30
B.	130
C.	160
D.	100
Answer» D. 100

Discussion

278.	Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.
A.	Rs. 58 lakhs
B.	Rs. 69.6 lakhs
C.	Rs. 42 lakhs
D.	Rs. 50 lakhs
Answer» E.

Discussion

279.	A wholesaler sold a water purifier at a loss of 40%. If the selling price is increased by Rs. 125, then wholesaler will get a profit of 10%. What was the cost price of the purifier?
A.	Rs. 250
B.	Rs. 225
C.	Rs. 275
D.	Rs. 300
Answer» B. Rs. 225

Discussion

280.	An article is priced at Rs. 40,000. A retailer allows 10% discount on the first 62.5% of the price. On the remaining amount, he gives a discount of 4%. Then the overall percentage discount given on the article is:
A.	7.75
B.	8.5
C.	8.25
D.	8.0
Answer» B. 8.5

Discussion

281.	Asha sold an article at a loss of 5%. Had she increased the selling price by Rs. 110.50, she would have gained 8% on the cost price. Had she sold it for Rs. 943.50, the profit percent would have been.
A.	9.6
B.	10
C.	10.5
D.	11
Answer» E.

Discussion

282.	A man buys a toy for Rs 25 and sells it for Rs 30. Find his gain percent.
A.	40
B.	20
C.	16.67
D.	10
Answer» C. 16.67

Discussion

283.	An article is sold at a profit of 30%. If both cost price and selling price of the article are decreased by Rs.100, the profit now would be 45%. The original cost price of the article is:
A.	Rs. 500
B.	Rs. 250
C.	Rs. 300
D.	Rs. 400
Answer» D. Rs. 400

Discussion

284.	A merchant marks his goods by increasing the price by 25%. If he gives 4% discount on marked price, what will be his profit percentage?
A.	10%
B.	15%
C.	20%
D.	25%
Answer» D. 25%

Discussion

285.	30 chocolates were purchased for one rupee. How many chocolates should be sold for one rupee to get 20% profit?
A.	20
B.	25
C.	40
D.	27
Answer» C. 40

Discussion

286.	An article is sold for Rs. 1,680 after two successive discounts of 20% and 16%. What is the marked price of the article?
A.	Rs. 2,400
B.	Rs. 2,200
C.	Rs. 2,500
D.	Rs. 2,300
Answer» D. Rs. 2,300

Discussion

287.	A trader sold an article at a gain of 20%. Had he purchased it for 40% more and sold for Rs 24 less, then he would have incurred a loss of 20%. What is the cost price (in Rs) of the article?
A.	150
B.	300
C.	450
D.	600
Answer» C. 450

Discussion

288.	Mr. Dev sold a bus for Rs. 2210 with a loss of 15%. At what price should the bus be sold to get a profit of 15%?
A.	Rs. 2980
B.	Rs. 3000
C.	Rs. 2970
D.	Rs. 2990
Answer» E.

Discussion

289.	A started a business with Rs. 50000. After three months B joins with an imvestment of Rs. 60000 and A withdraws Rs. 10000 out of his capital. Three months later, B brought in Rs. 20000 more. At the end of the year, what should be the ratio in which they A and B share the profits?
A.	22 ∶ 15
B.	13 ∶ 22
C.	17 ∶ 22
D.	15 ∶ 22
Answer» D. 15 ∶ 22

Discussion

290.	A cycle company sells two brands of cycles in a day with a total profit of Rs. 6,000. If the profit from one brand of cycle is 45% of the total profit, what is the profit amount made by selling the other brand of cycle?
A.	Rs. 5,000
B.	Rs. 3,000
C.	Rs. 3,300
D.	Rs. 3,250
Answer» D. Rs. 3,250

Discussion

291.	A man purchases a pair of shoes for Rs 528 and fixes its marked price in such a way that after allowing a discount of 12%, he earns a profit of 40%. What is the marked price (in Rs) of the shoes?
A.	840
B.	770
C.	860
D.	700
Answer» B. 770

Discussion

292.	If two successive discounts of 50% and 10% are offered, then what is the net discount?
A.	50
B.	55
C.	60
D.	65
Answer» C. 60

Discussion

293.	A person has planned to sell his old laptop for ₹4500, he would lose 10%. To gain 20% of profit, he should sell it for:
A.	₹6000
B.	₹7000
C.	₹7200
D.	₹8500
Answer» B. ₹7000

Discussion

294.	By selling an article for Rs.630, a shopkeeper gains 5%.To gain 10% what should be the selling price (in Rs.)?
A.	680
B.	640
C.	660
D.	665
Answer» D. 665

Discussion

295.	On selling 56 chairs, Mohan earns a profit equal to the selling price of 6 chairs. What is the profit percentage?
A.	9.28%
B.	10.71%
C.	12%
D.	13.7%
Answer» D. 13.7%

Discussion

296.	At a village trade fair, a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25% and the camel at a loss of 20%. If he sold both the animals at the same price, then the cost price of the cheaper animal was Rs ____________.
A.	6600
B.	7500
C.	25000
D.	20000
Answer» E.

Discussion

297.	A fruit seller sells mangoes at the rate of Rs. 9 per kg and thereby loses 10%. At what price per kg should he sell in order to earn a profit of 5%?A. Rs. 10B. Rs. 10.5C. Rs. 9.5D. Rs, 11.11
A.	B
B.	A
C.	C
D.	D
Answer» B. A

Discussion

298.	Raju sold a chair at a gain of 5%. If he had sold it for Rs. 9 less, he would have lost 7%. What is cost price of the chair?
A.	Rs. 75
B.	Rs. 55
C.	Rs. 45
D.	Rs. 85
Answer» B. Rs. 55

Discussion

299.	A man had 100 kg of sugar, part of which he sold at 7% profit and rest at 17% profit. He gained 10% on the whole. Find how much sugar did he sell at 7% profit?
A.	65 kg
B.	35 kg
C.	30 kg
D.	70 kg
Answer» E.

Discussion

300.	A person purchased a vehicle for Rs. 4,90,828 and sold it for Rs. 5,52,920. What is the percent profit earned on this vehicle (correct to two decimal places)?
A.	15.51%
B.	12.65%
C.	19.55%
D.	11.55%
Answer» C. 19.55%

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Manoj’s commission is 10% on all sales up to Rs. 10,000 and 5% on all sales exceeding this. He remits Rs. 75,500 to his company after deducting his commission. The total sales will come out to be:

A man bought 2 articles for Rs. 3050 each. He sold one article at 10% loss and another at 20% profit. The total profit/loss percentage he earned is:

A trader gets 25% profit by selling an article. If he buys at half the rate and sells at the same selling price as before, then what will be his percentage profit?

By selling an article for Rs. 2300, Rekha gains 25%. If she sells it for Rs. 1955, then her loss/gain percent is:

Pawan and Raman started a business by investing Rs. 18000 and Rs. 25200 respectively. What is the share of Pawan in the profit of Rs. 8640 earned at the end of the year?

Pankaj buys 10 lemons for Rs. 80. At what price should he sell a dozen lemons, if he wishes to make a profit of 25%?

Cost price of an article is Rs. 1440 and its selling price is Rs. 1800. What is the profit percentage?

By selling an article for Rs. 2700, a man loses 10%. If he sells it for Rs. 3600, his gain per cent is

A man sold a watch at a discount of 60% for Rs. 1560. What is the marked price of the watch?

A watch dealer pays 10% customs duty on a watch which costs Rs. 500 abroad. He desires to make a profit of 20% after giving a discount of 25% to the buyer. The marked price should be:

A businessman purchases an item at a certain price and marks its price up by 30%. He sells the item at a certain discount on markup price and makes a net profit of 4% on the whole transaction. Find the discount given by businessman on markup price.

On a marked price, the difference of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is Rs. 504. The marked price of the article (in Rs.) is:

A purchased an article and sold it to B at a loss of 20% and B sold it to C at a gain of 20%. C purchases the article for Rs 480. For what price (in Rs) A has purchased the article?

A seller sells 2 articles, one of them for Rs 1200 at 20% profit and another one for Rs 1350 at 10% loss. Find the overall gain percent.

If some articles are bought at Rs. 16 each and sold at Rs. 18 each, then what is the proﬁt percentage?

Ashok has two such types of wheat at Rs 60 per kg and Rs 85 per kg. If he makes 20% profit by selling his mixture at Rs. 84 per kg, what will be the ratio of these types in the mixture?

A man sold two houses for Rs. 29,700,each. On one he incurred loss of 10%, while on other he gained 10%. The transaction gives:-

A shopkeeper bought two computer printers of different companies for Rs.10,500. By selling one printer at a gain of 20% and the other printer at a loss of 10%, he finds that the selling price of each printer is the same. What is the net profit or loss?

If the cost price of 15 articles is equal to the selling price of 12 articles, then what is the profit percentage?

By selling an article if the loss is 12%, then what will be the ratio of cost price and selling price?

Nitesh purchased a new Mobile for 30 percent discount. Had Nitesh got no discount, Nitesh would have had to pay Rs. 3000 more. How much did Nitesh pay for the Mobile?

A invests Rs. 6,00,000 more than B in a business. B invests his capital for \(7\frac{1}{2}\) months, while A invests his capital for \(2\frac{1}{2}\) more months than B. Out of the total profit of Rs. 12,40,000, if the share of B is Rs. 2,48,000 less than the share of A, then the capital of B is:

A shopkeeper bought an article for Rs.100 and marked its price 25% above the cost price. How much discount percentage should be announcing in order to make a profit of 15%?

Raman, Manan and Kamal are partners and invest in a business such that Raman invests 2/5th of total and Manan invest 3/8th of the total. What is the ratio of profit of Raman, Manan and Kamal respectively

An article is sold at a profit of 30%. If the selling price is doubled, then what will be the profit percentage?

Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

A wholesaler sold a water purifier at a loss of 40%. If the selling price is increased by Rs. 125, then wholesaler will get a profit of 10%. What was the cost price of the purifier?

An article is priced at Rs. 40,000. A retailer allows 10% discount on the first 62.5% of the price. On the remaining amount, he gives a discount of 4%. Then the overall percentage discount given on the article is:

Asha sold an article at a loss of 5%. Had she increased the selling price by Rs. 110.50, she would have gained 8% on the cost price. Had she sold it for Rs. 943.50, the profit percent would have been.

A man buys a toy for Rs 25 and sells it for Rs 30. Find his gain percent.

An article is sold at a profit of 30%. If both cost price and selling price of the article are decreased by Rs.100, the profit now would be 45%. The original cost price of the article is:

A merchant marks his goods by increasing the price by 25%. If he gives 4% discount on marked price, what will be his profit percentage?

30 chocolates were purchased for one rupee. How many chocolates should be sold for one rupee to get 20% profit?

An article is sold for Rs. 1,680 after two successive discounts of 20% and 16%. What is the marked price of the article?

A trader sold an article at a gain of 20%. Had he purchased it for 40% more and sold for Rs 24 less, then he would have incurred a loss of 20%. What is the cost price (in Rs) of the article?

Mr. Dev sold a bus for Rs. 2210 with a loss of 15%. At what price should the bus be sold to get a profit of 15%?

A started a business with Rs. 50000. After three months B joins with an imvestment of Rs. 60000 and A withdraws Rs. 10000 out of his capital. Three months later, B brought in Rs. 20000 more. At the end of the year, what should be the ratio in which they A and B share the profits?

A cycle company sells two brands of cycles in a day with a total profit of Rs. 6,000. If the profit from one brand of cycle is 45% of the total profit, what is the profit amount made by selling the other brand of cycle?

A man purchases a pair of shoes for Rs 528 and fixes its marked price in such a way that after allowing a discount of 12%, he earns a profit of 40%. What is the marked price (in Rs) of the shoes?

If two successive discounts of 50% and 10% are offered, then what is the net discount?

A person has planned to sell his old laptop for ₹4500, he would lose 10%. To gain 20% of profit, he should sell it for:

By selling an article for Rs.630, a shopkeeper gains 5%.To gain 10% what should be the selling price (in Rs.)?

On selling 56 chairs, Mohan earns a profit equal to the selling price of 6 chairs. What is the profit percentage?

At a village trade fair, a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25% and the camel at a loss of 20%. If he sold both the animals at the same price, then the cost price of the cheaper animal was Rs ____________.

A fruit seller sells mangoes at the rate of Rs. 9 per kg and thereby loses 10%. At what price per kg should he sell in order to earn a profit of 5%?A. Rs. 10B. Rs. 10.5C. Rs. 9.5D. Rs, 11.11

Raju sold a chair at a gain of 5%. If he had sold it for Rs. 9 less, he would have lost 7%. What is cost price of the chair?

A man had 100 kg of sugar, part of which he sold at 7% profit and rest at 17% profit. He gained 10% on the whole. Find how much sugar did he sell at 7% profit?

A person purchased a vehicle for Rs. 4,90,828 and sold it for Rs. 5,52,920. What is the percent profit earned on this vehicle (correct to two decimal places)?