3305 + Mcqs in Profit And Loss Page 63 McqOptions

3101.	A shopkeeper by selling 23 Lotto shoes, earns a profit equal to the selling price of 7 Lotto shoes. His profit percentage is
A.	43.75 percent
B.	30.4 percent
C.	60.8 percent
D.	17.05 percent
Answer» B. 30.4 percent

Discussion

3102.	A shopkeeper allows a discount of 20% to his customers and still gains 25%. Find the Marked price of an article which costs Rs.600 to the shopkeeper.
A.	Rs.937.50
B.	Rs.937
C.	Rs.930
D.	Rs.1000
Answer» B. Rs.937

Discussion

3103.	A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?
A.	41.1 percent
B.	82.2 percent
C.	70 percent
D.	12.2 percent
Answer» D. 12.2 percent

Discussion

3104.	A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is
A.	30 percent
B.	23.0 percent
C.	46 percent
D.	16 percent
Answer» B. 23.0 percent

Discussion

3105.	A shopkeeper buys two books for Rs.300. He sells the first book at a profit of 20% and the second book at a loss of 10%. What is theÂ selling price of the first book, if, in the whole transaction there is no profit no loss?_x005F_x000D_
A.	Rs.110
B.	Rs.115
C.	Rs.120
D.	Rs.125
Answer» D. Rs.125

Discussion

3106.	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 profitÂ of 20%?
A.	Rs. 207
B.	Rs. 207 11/180
C.	Rs. 211 13/17
D.	Rs. 204 7/13
Answer» D. Rs. 204 7/13

Discussion

3107.	A sells vegetables at a profit of 35% and for weighing uses a weight which is 10% less than the article weight. What is total profit percentage?_x005F_x000D_
A.	50
B.	35
C.	45
D.	55
Answer» B. 35

Discussion

3108.	A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?
A.	0.025
B.	0.05
C.	0.1
D.	0.075
Answer» D. 0.075

Discussion

3109.	A shop keeper purchased 15 kg of sugar and 20 kg of wheat at Rs. 50 and Rs.75 per kg respectively. On selling them, he gained 10% on sugar and 20% on wheat. What was the total sale value?
A.	Rs.2550
B.	Rs.2625
C.	Rs.1800
D.	Rs.1575
Answer» C. Rs.1800

Discussion

3110.	A shop keeper purchased 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. 2695
B.	Rs. 2770
C.	Rs. 2800
D.	Rs. 2750
Answer» C. Rs. 2800

Discussion

3111.	A shopkeeper allows 25% discount on the marked price of an article and he suffered a loss of 15%. What will be the profit percent if the article is sold at marked price?
A.	11.76
B.	12.12
C.	13.33
D.	14.28
Answer» D. 14.28

Discussion

3112.	A sells a watch to B and makes a loss of 12%. B makes a profit of 12.5% 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

3113.	A salesman calculated his profit on the marked price and finds it to be 30%. He forgets the fact that he gave a discount of 20%. What is his actual profit percentage?
A.	260/11%
B.	0.184
C.	0.225
D.	100/7%
Answer» E.

Discussion

3114.	A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?
A.	14.28 % profit
B.	24.18 % profit
C.	14.28 % loss
D.	24.18 % loss
Answer» B. 24.18 % profit

Discussion

3115.	A rice trader buys 8 quintals of rice for Rs 3,600. 10% rice is lost in transportation. At what rate should he sell to earn 15% profit?
A.	Rs 352.1 per quintal
B.	Rs 517.5 per quintal
C.	Rs 575 per quintal
D.	Rs 582.3 per quintal
Answer» D. Rs 582.3 per quintal

Discussion

3116.	A satellite airtime bill costs Rs. 8 for 5 minutes 40 seconds. What is the cost in rupees for 4 minutes 20 seconds? (Round upto one decimal).
A.	6.1
B.	6
C.	6.2
D.	6.3
Answer» B. 6

Discussion

3117.	A rice trader buys 25 quintals of rice for Rs 1,825. 27% rice is lost in transportation. At what rate should he sell to earn 20% profit?
A.	Rs 44.4 per quintal
B.	Rs 120 per quintal
C.	Rs 87.6 per quintal
D.	Rs 115.8 per quintal
Answer» C. Rs 87.6 per quintal

Discussion

3118.	A rice trader buys 20 quintals of rice for Rs 8,580. However, 22% rice is lost in transportation. At what rate should he sell to earn 20% profit?
A.	Rs 278.8 per quintal
B.	Rs 514.8 per quintal
C.	Rs 660 per quintal
D.	Rs 654.2 per quintal
Answer» D. Rs 654.2 per quintal

Discussion

3119.	A rice trader buys 16 quintals of rice for Rs 5632. 20% rice is lost in transportation. At what rate should he sell to earn 25% profit?
A.	Rs 225.2 per quintal
B.	Rs 550 per quintal
C.	Rs 440 per quintal
D.	Rs 563.2 per quintal
Answer» C. Rs 440 per quintal

Discussion

3120.	A rice trader buys 12 quintals of rice for RsÂ 1,870. 15% rice is lost in transportation. At what rateÂ should he sell to earn 20% profit?
A.	Rs 110.3 per quintal
B.	Rs 187 per quintal
C.	Rs 220 per quintal
D.	Rs 224 per quintal
Answer» D. Rs 224 per quintal

Discussion

3121.	A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is
A.	40
B.	55
C.	66.666666666667
D.	75
Answer» D. 75

Discussion

3122.	A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?
A.	0.35
B.	0.4
C.	0.42
D.	0.46
Answer» C. 0.42

Discussion

3123.	A product was sold for Rs. 4500 at a profit of 12.5%. What was the amount of profit?
A.	Rs.125
B.	Rs.250
C.	Rs.500
D.	Rs.300
Answer» D. Rs.300

Discussion

3124.	A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?
A.	0.1
B.	0.15
C.	0.2
D.	0.25
Answer» E.

Discussion

3125.	A quantity of tea is sold at Rs. 5.75 per kilogram. The total gain by selling the tea at this rate is Rs. 60. Find the quantity of tea being sold if a profit of 15% is made on the deal ?
A.	72 kgs
B.	80 kgs
C.	76 kgs
D.	84 kgs
Answer» C. 76 kgs

Discussion

3126.	A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is
A.	0.1
B.	0.5
C.	0.25
D.	0.52
Answer» D. 0.52

Discussion

3127.	A product was sold foe Rs. 4,500 at a profit of 12.5%. What was the amount of profit?
A.	Rs. 125
B.	Rs. 250
C.	Rs. 500
D.	Rs. 300
Answer» D. Rs. 300

Discussion

3128.	A person sells wheat at a profit of 30%. If he reduces its selling price by Rs 60, then he suffers a loss of 10%. What was the initial selling price (in Rs)of the wheat?_x005F_x000D_
A.	195
B.	210
C.	180
D.	130
Answer» B. 210

Discussion

3129.	A person sold his pen for Rs 24 and his profit percentage was numerically equal to the cost price. What was the cost price (in Rs) of the pen?
A.	12
B.	14
C.	16
D.	20
Answer» E.

Discussion

3130.	A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true ?
A.	He lost Rs. 200
B.	He gained Rs. 200
C.	Neither he gained nor lost
D.	None of the above
Answer» E.

Discussion

3131.	A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?
A.	He Gained Rs. 200
B.	He lost Rs. 200
C.	He neither gained nor lost
D.	None of the above
Answer» E.

Discussion

3132.	A person sells a pen at 15% profit. If he had bought it at 7% less price and sold it for Rs 250 more, then he would have gained 25%. What is the cost priceÂ (in Rs) of the pen?_x005F_x000D_
A.	20000
B.	18000
C.	25000
D.	23000
Answer» B. 18000

Discussion

3133.	A person bought an item for Rs. 1500 and sold it at a profit of 12%. What was the selling price of the item?
A.	Rs. 1800
B.	Rs. 1620
C.	Rs. 1662
D.	Rs. 1680
Answer» E.

Discussion

3134.	A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
A.	Rs.1200
B.	Rs.1230
C.	Rs.1260
D.	Rs.1290
Answer» D. Rs.1290

Discussion

3135.	A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
A.	16.666666666667
B.	33.333333333333
C.	40
D.	66.6
Answer» E.

Discussion

3136.	A miner sells a diamond to a trader at a profit of 40% and the trader sells it to a customer at a profit of 25%. If the customer pays Rs 56 lakhs to buyÂ the diamond, what had it cost the miner (in Rs lakhs)?
A.	30
B.	28
C.	25
D.	32
Answer» E.

Discussion

3137.	A milkman purchases 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.	1.16
B.	1.6666
C.	0.6
D.	1
Answer» C. 0.6

Discussion

3138.	A merchant marks the price of his articles 30% above the cost price. He gives some discount on it and earns a profit of 13.75%. What is the discount percentage?
A.	12.5
B.	13.75
C.	16.25
D.	10.25
Answer» B. 13.75

Discussion

3139.	A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at Â cost price, is:
A.	0.2
B.	0.25
C.	0.3333
D.	0.18
Answer» C. 0.3333

Discussion

3140.	A milk man has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk.If the cost of pure milk is Rs.18 per liter,then the profit of the milkman, when he sells all the mixture at cost price is:
A.	0.2
B.	0.25
C.	0.3333
D.	0.18
Answer» C. 0.3333

Discussion

3141.	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

3142.	A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?
A.	Rs. 620
B.	Rs. 654
C.	Rs. 725
D.	Rs. 747
Answer» B. Rs. 654

Discussion

3143.	A man wanted to sell his bat at a discount of 8%. His brother who was a cricketer wanted to buy the bat, so the man sells it at aÂ discount of 10%. In this deal, the man reduces Rs.70 in profit. What was the market value of the bat?_x005F_x000D_
A.	Rs.3,000
B.	Rs.3,500
C.	Rs.2,500
D.	Rs.3,200
Answer» C. Rs.2,500

Discussion

3144.	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/loss is:
A.	8% profit
B.	2% profit
C.	4% profit
D.	6% profit
Answer» D. 6% profit

Discussion

3145.	A merchant buys two articles for Rs.600. He sells one of them at a profit of 22% and the other at a loss of 8% and makes no profit or loss in the end. What is the selling price of the article that he sold at a loss ?
A.	Rs. 404.80
B.	Rs. 536.80
C.	Rs.440
D.	Rs. 160
Answer» B. Rs. 536.80

Discussion

3146.	A merchant marks the price of his articles 20% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?
A.	2% loss
B.	4% profit
C.	4% loss
D.	No profit/loss
Answer» D. No profit/loss

Discussion

3147.	A man sold two gifts at Rs. 30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in Rs.Â )?_x005F_x000D_
A.	Gain of Rs.Â 1.75_x005F_x000D_
B.	Loss of Rs. 2.00_x005F_x000D_
C.	Loss of Rs. 2.50_x005F_x000D_
D.	Gain of Rs. 2
Answer» C. Loss of Rs. 2.50_x005F_x000D_

Discussion

3148.	A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole Â ?
A.	0.0025
B.	0.0004
C.	0.005
D.	0
Answer» C. 0.005

Discussion

3149.	A man sell 35 waffers for Rs. 15 each and loses Rs. 40.4. If he sells 35 waffers for Rs. 18, how much does he loss or gain ?
A.	Rs. 64
B.	Rs. 52
C.	Rs. 72
D.	Rs. 55
Answer» B. Rs. 52

Discussion

3150.	A man sells an article at 15% profit. If he had sold it for . 6 more, he would have gained 18%. The man bought the article for
A.	100
B.	150
C.	200
D.	250
Answer» D. 250

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A shopkeeper by selling 23 Lotto shoes, earns a profit equal to the selling price of 7 Lotto shoes. His profit percentage is

A shopkeeper allows a discount of 20% to his customers and still gains 25%. Find the Marked price of an article which costs Rs.600 to the shopkeeper.

A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?

A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is

A shopkeeper buys two books for Rs.300. He sells the first book at a profit of 20% and the second book at a loss of 10%. What is theÂ selling price of the first book, if, in the whole transaction there is no profit no loss?_x005F_x000D_

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 profitÂ of 20%?

A sells vegetables at a profit of 35% and for weighing uses a weight which is 10% less than the article weight. What is total profit percentage?_x005F_x000D_

A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?

A shop keeper purchased 15 kg of sugar and 20 kg of wheat at Rs. 50 and Rs.75 per kg respectively. On selling them, he gained 10% on sugar and 20% on wheat. What was the total sale value?

A shop keeper purchased 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 shopkeeper allows 25% discount on the marked price of an article and he suffered a loss of 15%. What will be the profit percent if the article is sold at marked price?

A sells a watch to B and makes a loss of 12%. B makes a profit of 12.5% 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 salesman calculated his profit on the marked price and finds it to be 30%. He forgets the fact that he gave a discount of 20%. What is his actual profit percentage?

A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?

A rice trader buys 8 quintals of rice for Rs 3,600. 10% rice is lost in transportation. At what rate should he sell to earn 15% profit?

A satellite airtime bill costs Rs. 8 for 5 minutes 40 seconds. What is the cost in rupees for 4 minutes 20 seconds? (Round upto one decimal).

A rice trader buys 25 quintals of rice for Rs 1,825. 27% rice is lost in transportation. At what rate should he sell to earn 20% profit?

A rice trader buys 20 quintals of rice for Rs 8,580. However, 22% rice is lost in transportation. At what rate should he sell to earn 20% profit?

A rice trader buys 16 quintals of rice for Rs 5632. 20% rice is lost in transportation. At what rate should he sell to earn 25% profit?

A rice trader buys 12 quintals of rice for RsÂ 1,870. 15% rice is lost in transportation. At what rateÂ should he sell to earn 20% profit?

A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is

A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?

A product was sold for Rs. 4500 at a profit of 12.5%. What was the amount of profit?

A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?

A quantity of tea is sold at Rs. 5.75 per kilogram. The total gain by selling the tea at this rate is Rs. 60. Find the quantity of tea being sold if a profit of 15% is made on the deal ?

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is

A product was sold foe Rs. 4,500 at a profit of 12.5%. What was the amount of profit?

A person sells wheat at a profit of 30%. If he reduces its selling price by Rs 60, then he suffers a loss of 10%. What was the initial selling price (in Rs)of the wheat?_x005F_x000D_

A person sold his pen for Rs 24 and his profit percentage was numerically equal to the cost price. What was the cost price (in Rs) of the pen?

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true ?

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?

A person sells a pen at 15% profit. If he had bought it at 7% less price and sold it for Rs 250 more, then he would have gained 25%. What is the cost priceÂ (in Rs) of the pen?_x005F_x000D_

A person bought an item for Rs. 1500 and sold it at a profit of 12%. What was the selling price of the item?

A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.

A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?

A miner sells a diamond to a trader at a profit of 40% and the trader sells it to a customer at a profit of 25%. If the customer pays Rs 56 lakhs to buyÂ the diamond, what had it cost the miner (in Rs lakhs)?

A milkman purchases 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 merchant marks the price of his articles 30% above the cost price. He gives some discount on it and earns a profit of 13.75%. What is the discount percentage?

A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at Â cost price, is:

A milk man has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk.If the cost of pure milk is Rs.18 per liter,then the profit of the milkman, when he sells all the mixture at cost price is:

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 merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A man wanted to sell his bat at a discount of 8%. His brother who was a cricketer wanted to buy the bat, so the man sells it at aÂ discount of 10%. In this deal, the man reduces Rs.70 in profit. What was the market value of the bat?_x005F_x000D_

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/loss is:

A merchant buys two articles for Rs.600. He sells one of them at a profit of 22% and the other at a loss of 8% and makes no profit or loss in the end. What is the selling price of the article that he sold at a loss ?

A merchant marks the price of his articles 20% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?

A man sold two gifts at Rs. 30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in Rs.Â )?_x005F_x000D_

A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole Â ?

A man sell 35 waffers for Rs. 15 each and loses Rs. 40.4. If he sells 35 waffers for Rs. 18, how much does he loss or gain ?

A man sells an article at 15% profit. If he had sold it for . 6 more, he would have gained 18%. The man bought the article for