3305 + Mcqs in Profit And Loss Page 66 McqOptions

3251.	A merchant has announced 25% rebate on prices of ready-made garments at the time of sale. If a purchaser needs to have a rebate of Rs. 400, then how many shirts, each costing Rs. 320, should he purchase?
A.	10
B.	7
C.	6
D.	5
Answer» E.

Discussion

3252.	A man sold two chairs at Rs. 1,200 each. On one he gained 20% and on the other he lost 20%. His gain or loss in the whole transaction is:
A.	1% loss
B.	2% loss
C.	4% loss
D.	15 gain
Answer» D. 15 gain

Discussion

3253.	A tradesman marks his goods at 25% above the cost price and allows purchasers a discount of 25/2%, his profit is:
A.	8%
B.	8.5%
C.	8.625%
D.	9.375%
Answer» E.

Discussion

3254.	Two successive discount of 10% and 20% are equivalent to a single discount of:
A.	30%
B.	28%
C.	26%
D.	25%
Answer» C. 26%

Discussion

3255.	A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A.	45:56
B.	45:51
C.	47:56
D.	47:51
Answer» B. 45:51

Discussion

3256.	A stockiest wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit?i. Sell sugar at 10% profit.ii. Use 900 g of weight instead of 1 kg.iii. Mix 10% impurities in sugar and selling sugar at cost price.iv. Increase the price by 5% and reduced weights by 5%.
A.	i or ii
B.	ii
C.	ii, ii and iv
D.	Profits are same
E.	None of these
Answer» C. ii, ii and iv

Discussion

3257.	The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
A.	15
B.	16
C.	18
D.	25
Answer» C. 18

Discussion

3258.	Two successive price increase of 10% and 10% of an article are equivalent to a single price increase of:
A.	26(2/3)
B.	25%
C.	21%
D.	33(1/3)
Answer» D. 33(1/3)

Discussion

3259.	By selling an article, a man makes a profit of 25% of its selling price. His profit percent is:
A.	20%
B.	25%
C.	16(2/3)
D.	33(1/3)%
Answer» E.

Discussion

3260.	Raghuvir purchased 10 calculators and 16 watches for Rs. 56100 and sold them so as to earn an overall profit of 20%. At what total price should he sell 15 calculators and 24 watches together so as to earn the same percentage profit?
A.	Rs. 100980
B.	Rs. 116176
C.	Rs. 121176
D.	Rs. 100660
E.	Rs. 124132
Answer» B. Rs. 116176

Discussion

3261.	By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
A.	Rs. 2600
B.	Rs.2700
C.	Rs. 2800
D.	Rs. 3000
Answer» C. Rs. 2800

Discussion

3262.	A man bought a horse and a cart. If he sold the horse at 10 % loss and the cart at 20 % gain, he would not lose anything; but if he sold the horse at 5% loss and the cart at 5% gain, he would lose Rs. 10 in the bargain. The amount paid by him was Rs._______ for the horse and Rs.________ for the cart.
A.	500, 300
B.	200, 400
C.	400, 200
D.	300, 500
Answer» D. 300, 500

Discussion

3263.	A man buys a chair and table for Rs. 6000. He sells the chair at a loss of 10% and the table at gain of 10%. He still gains Rs. 100 on the whole. Cost price of chair is:
A.	Rs. 2500
B.	Rs. 2850
C.	Rs. 3050
D.	Rs. 3500
Answer» B. Rs. 2850

Discussion

3264.	A bookseller procures 40 books for Rs. 3200 and sells them at a profit equal to the selling price of 8 books. What is the selling price of one dozen books, if the price of each book is same?
A.	Rs. 720
B.	Rs. 960
C.	Rs. 1200
D.	Rs. 1440
Answer» D. Rs. 1440

Discussion

3265.	The cost price of 19 articles is same as the selling price of 29 articles. What is loss percentage?
A.	52.3%
B.	35%
C.	34.48
D.	30%
Answer» D. 30%

Discussion

3266.	Hotel Aditya has 10 single AC rooms, 5 double AC rooms and 18 non AC rooms. The fixed monthly rent of hotel is 150,000. The per day maintenance cost is Rs. 100 for double AC room, Rs. 75 for single AC room and Rs. 40 for non AC room. The per day charges are Rs. 600 for double AC room, Rs. 400 for single AC room and Rs. 250 for non AC room. In April 2003, the occupancy rate of non A/C room was 50%, 70% of single AC room and 40% of double AC rooms. Find the profit/loss % for that particular month.
A.	10.33% (profit)
B.	10.33% (loss)
C.	5.67% (loss)
D.	5.67% (profit)
E.	No profit, no loss
Answer» C. 5.67% (loss)

Discussion

3267.	Arun bought toffees at 6 for a rupee. How many for a rupee he should sell to gain 20%?
A.	2
B.	3
C.	4
D.	5
Answer» E.

Discussion

3268.	A dishonest dealer purchases goods at 20% discount of the cost price of Rs. X and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of x, but he gives a discount of 25% besides he cheats his customer by weighing 10% less than the required. What is his overall profit percentage?
A.	125%
B.	100%
C.	98.66%
D.	120%
E.	None of these
Answer» B. 100%

Discussion

3269.	A vendor sells his articles at a certain profit percentage. If he sells his article at 1/3 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?
A.	72%
B.	120%
C.	80%
D.	60%
Answer» D. 60%

Discussion

3270.	A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is original price per kg of sugar.
A.	Rs. 10 per Kg
B.	Rs. 8 per Kg
C.	Rs. 6 per Kg
D.	Rs. 5 per Kg
Answer» B. Rs. 8 per Kg

Discussion

3271.	The cost of servicing of a Maruti car at Maruti care PVT. Ltd. is Rs. 400. Manager of service centre told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year, he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?
A.	19.42%
B.	18.5%
C.	17.6%
D.	26%
E.	None of these
Answer» B. 18.5%

Discussion

3272.	A man purchased the articles for Rs. 123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14%?
A.	20%
B.	30%
C.	60%
D.	66.66%
Answer» D. 66.66%

Discussion

3273.	David sells his Laptop to Goliath at a loss of 20% who subsequently sells it to Hercules at a Profit of 25%. Hercules, after finding some defect in the laptop, returns it to Goliath but could recover only Rs. 4.50 for every Rs. 5 he had paid. Find the amount at Hercules' loss if David had paid Rs. 1.75 lakh for the laptop.
A.	3500
B.	2500
C.	17,500
D.	20,000
E.	None of these
Answer» D. 20,000

Discussion

3274.	100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
A.	142/7 % gain
B.	15% gain
C.	142/7 % loss
D.	15 % loss
E.	None of these
Answer» B. 15% gain

Discussion

3275.	A retailer increase the selling price by 25% due to which his profit percentage increase from 20% to 25%. What is the percentage increase in cost price ?
A.	20%
B.	30%
C.	25%
D.	50%
Answer» B. 30%

Discussion

3276.	Kamal bought a house, whose sale price was Rs. 8 lakh. He availed 20% discount as an early bird offer and then 10% discount due to cash payment. After that he spent 10% of the cost price in interior decoration and lawn of the house. At what price should he sell the house to earn a profit of 25%?
A.	Rs. 9 lakh
B.	Rs. 7.99 lakh
C.	Rs. 7.92 lakh
D.	Rs. 7 lakh
E.	None of These
Answer» D. Rs. 7 lakh

Discussion

3277.	When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
A.	Rs. 21,000
B.	Rs. 22,500
C.	Rs. 25,300
D.	Rs. 25,800
E.	None of these
Answer» D. Rs. 25,800

Discussion

3278.	A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 255. Find the value of k?
A.	8.33%
B.	8.25%
C.	10%
D.	12.5%
Answer» D. 12.5%

Discussion

3279.	A trader sells two brands of petrol; one is Extra Premium and other one is speed. He mixes 12 litres Extra Premium with 3 litres of speed and by selling this mixture at the price of Extra Premium he gets the profit of 9.09. If the price of Extra Premium Rs. 48 per litre, then the price of Speed is:
A.	Rs. 38 per litre
B.	Rs. 42 per litre
C.	Rs. 28 per litre
D.	Rs. 18 per litre
E.	None of These
Answer» D. Rs. 18 per litre

Discussion

3280.	On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
A.	Rs. 45
B.	Rs. 50
C.	Rs. 55
D.	Rs. 60
E.	None of these
Answer» E. None of these

Discussion

3281.	Ajay bought a motor cycle for Rs. 50,000. 2 years later he sold it to Vijay at 10% less of the cost price. Vijay spend 5% of the purchasing price on its maintenance. Later Vijay displayed the sale price of his motorcycle Rs. 50,000. Chetan wanted to purchase it at 15% discount but Vijay gave him two successive discounts of 10% and 5% instead of 15% in one time. What is the actual discount availed by Chetan?
A.	15%
B.	15.5%
C.	14.5 %
D.	16.5%
E.	Cannot determined
Answer» D. 16.5%

Discussion

3282.	A person bought a certain quantity of rice at the rate of Rs. 150/quintal. 10% of the rice was spoiled. At what rate(per quintal) should he sell the remaining rice to earn 20% profit.
A.	Rs. 180
B.	Rs. 200
C.	Rs. 210
D.	Rs. 220
Answer» C. Rs. 210

Discussion

3283.	A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying or selling 1 kilogram. Find the percentage profit earned by the shopkeeper?
A.	20%
B.	25%
C.	32%
D.	46.66%
E.	50%
Answer» D. 46.66%

Discussion

3284.	The cost of setting up a magazine is Rs. 2800. The cost of paper and ink etc is Rs. 80 per 100 copies and printing cost is Rs. 160 per 100 copies. In last month 2000 copies were printed but only 1500 copies could be sold at Rs. 5 each. Total 25% profit on the sale price was realized. There is one more resource of income from magazine which is advertising. What sum of money obtained from the advertising in magazine?
A.	Rs. 1750
B.	Rs. 2350
C.	Rs. 1150
D.	Rs. 1975
E.	None of these
Answer» E. None of these

Discussion

3285.	A tradesman fixed his selling price of goods at 30% above the cost price. He sells half the stock at this price, one-quarter of his stock at a discount of 15% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percentage altogether?
A.	14.875%
B.	15.375%
C.	15.575%
D.	16.375%
E.	16.5%
Answer» C. 15.575%

Discussion

3286.	A watch costing Rs. 120 was sold at a loss of 15%. At what price was it sold?
A.	Rs. 112
B.	Rs.102
C.	Rs. 135
D.	Rs. 110
Answer» C. Rs. 135

Discussion

3287.	The cost of setting up the type of a magazine is Rs. 1000. The cost of running the printing machine is Rs. 120 per 100 copies. The cost of paper, ink and so on is 60 paise per copy. The magazines are sold at Rs. 2.75 each. 900 copies are printed, but only 784 copies are sold. What is the sum to be obtained from advertisements to give profit of 10% on the cost?
A.	Rs. 730
B.	Rs. 720
C.	Rs. 726
D.	Rs. 736
E.	Rs. 750
Answer» D. Rs. 736

Discussion

3288.	A shopkeeper calculate percentage profit on the buying price and another on the selling price. What will be their difference in profits if both claim a profit of 20% on goods sold for Rs. 3000?
A.	Rs. 200
B.	Rs. 100
C.	Rs. 150
D.	Rs. 400
E.	None of these
Answer» B. Rs. 100

Discussion

3289.	A dishonest shopkeeper, at the time of selling and purchasing, weighs 10% less and 20% more per kilogram respectively. Find the percentage profit earned by treachery. (Assuming he sells at Cost Price)
A.	30%
B.	20%
C.	25%
D.	33.33%
E.	None of these
Answer» E. None of these

Discussion

3290.	Find the selling price of goods if two salesmen claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being Rs. 100 and selling price being the same in both the cases?
A.	Rs. 1200
B.	Rs. 1600
C.	Rs. 2400
D.	Rs. 2500
E.	Rs. 3000
Answer» B. Rs. 1600

Discussion

3291.	The accountants of a company show sales of Rs. 12,600. The primary cost is 35% of sales and trading cost accounts for 25% of the gross profit. Gross profit is arrived at by excluding the primary cost plus the cost of advertising expenses of Rs. 1400, director's salary of Rs. 650 per annum plus 2% annual sales as miscellaneous costs. Find the percentage profit (approx) on a capital investment of Rs. 14,000?
A.	35%
B.	31%
C.	28%
D.	26%
E.	Cannot be determined
Answer» C. 28%

Discussion

3292.	A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these maneuvers?
A.	8%
B.	12%
C.	20%
D.	16%
Answer» D. 16%

Discussion

3293.	An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs, 12 eggs etc., but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and the next hour he purchased equal number of eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?
A.	10% loss
B.	11.11% loss
C.	3% loss
D.	2.5 % profit
E.	None of These
Answer» C. 3% loss

Discussion

3294.	The profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1: 2: 4. Also the ratio of number of articles sold of A, B and C is 2: 5: 2, then overall profit percentage is:
A.	18.5
B.	21%
C.	23%
D.	27%
Answer» C. 23%

Discussion

3295.	A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)
A.	20%
B.	33.33%
C.	100%
D.	65.66%
E.	Data inadequate
Answer» D. 65.66%

Discussion

3296.	Profit selling 10 candles equals selling price of 3 bulbs. While loss on selling 10 bulbs equal selling price of 4 candles. Also profit percentage equals to the loss percentage and cost of a candle is half of the cost of a bulb. What is the ratio of selling price of candles to the selling price of a bulb?
A.	5:4
B.	3:2
C.	4:5
D.	3:4
Answer» C. 4:5

Discussion

3297.	A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?
A.	50%
B.	60%
C.	70%
D.	80%
E.	None of these
Answer» E. None of these

Discussion

3298.	A rickshaw dealer buys 30 rickshaws for Rs. 4725. Of these, 8 are four-seaters and the rest are two seaters. At what price must he sell the four-seaters so that if he sells the two-two seaters at 3/4th of this price, he makes a profit 40% on his outlay?
A.	Rs. 180
B.	Rs. 279
C.	Rs. 360
D.	Rs. 450
E.	None of these
Answer» C. Rs. 360

Discussion

3299.	Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?
A.	20
B.	22.22
C.	16.66
D.	15
E.	None of These
Answer» C. 16.66

Discussion

3300.	The price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive discounts the markup price was further increased successively two times by the same percentage?
A.	259.2%
B.	157%
C.	159.2%
D.	300%
E.	None of these
Answer» D. 300%

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

A merchant has announced 25% rebate on prices of ready-made garments at the time of sale. If a purchaser needs to have a rebate of Rs. 400, then how many shirts, each costing Rs. 320, should he purchase?

A man sold two chairs at Rs. 1,200 each. On one he gained 20% and on the other he lost 20%. His gain or loss in the whole transaction is:

A tradesman marks his goods at 25% above the cost price and allows purchasers a discount of 25/2%, his profit is:

Two successive discount of 10% and 20% are equivalent to a single discount of:

A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

Two successive price increase of 10% and 10% of an article are equivalent to a single price increase of:

By selling an article, a man makes a profit of 25% of its selling price. His profit percent is:

Raghuvir purchased 10 calculators and 16 watches for Rs. 56100 and sold them so as to earn an overall profit of 20%. At what total price should he sell 15 calculators and 24 watches together so as to earn the same percentage profit?

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

A man bought a horse and a cart. If he sold the horse at 10 % loss and the cart at 20 % gain, he would not lose anything; but if he sold the horse at 5% loss and the cart at 5% gain, he would lose Rs. 10 in the bargain. The amount paid by him was Rs._ for the horse and Rs.__ for the cart.

A man buys a chair and table for Rs. 6000. He sells the chair at a loss of 10% and the table at gain of 10%. He still gains Rs. 100 on the whole. Cost price of chair is:

A bookseller procures 40 books for Rs. 3200 and sells them at a profit equal to the selling price of 8 books. What is the selling price of one dozen books, if the price of each book is same?

The cost price of 19 articles is same as the selling price of 29 articles. What is loss percentage?

Arun bought toffees at 6 for a rupee. How many for a rupee he should sell to gain 20%?

A vendor sells his articles at a certain profit percentage. If he sells his article at 1/3 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?

A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is original price per kg of sugar.

A man purchased the articles for Rs. 123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14%?

100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:

A retailer increase the selling price by 25% due to which his profit percentage increase from 20% to 25%. What is the percentage increase in cost price ?

Kamal bought a house, whose sale price was Rs. 8 lakh. He availed 20% discount as an early bird offer and then 10% discount due to cash payment. After that he spent 10% of the cost price in interior decoration and lawn of the house. At what price should he sell the house to earn a profit of 25%?

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 255. Find the value of k?

A trader sells two brands of petrol; one is Extra Premium and other one is speed. He mixes 12 litres Extra Premium with 3 litres of speed and by selling this mixture at the price of Extra Premium he gets the profit of 9.09. If the price of Extra Premium Rs. 48 per litre, then the price of Speed is:

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

A person bought a certain quantity of rice at the rate of Rs. 150/quintal. 10% of the rice was spoiled. At what rate(per quintal) should he sell the remaining rice to earn 20% profit.

A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying or selling 1 kilogram. Find the percentage profit earned by the shopkeeper?

A tradesman fixed his selling price of goods at 30% above the cost price. He sells half the stock at this price, one-quarter of his stock at a discount of 15% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percentage altogether?

A watch costing Rs. 120 was sold at a loss of 15%. At what price was it sold?

A shopkeeper calculate percentage profit on the buying price and another on the selling price. What will be their difference in profits if both claim a profit of 20% on goods sold for Rs. 3000?

A dishonest shopkeeper, at the time of selling and purchasing, weighs 10% less and 20% more per kilogram respectively. Find the percentage profit earned by treachery. (Assuming he sells at Cost Price)

Find the selling price of goods if two salesmen claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being Rs. 100 and selling price being the same in both the cases?

A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these maneuvers?

The profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1: 2: 4. Also the ratio of number of articles sold of A, B and C is 2: 5: 2, then overall profit percentage is:

A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres? (revenue per passenger is same)

A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?

A rickshaw dealer buys 30 rickshaws for Rs. 4725. Of these, 8 are four-seaters and the rest are two seaters. At what price must he sell the four-seaters so that if he sells the two-two seaters at 3/4th of this price, he makes a profit 40% on his outlay?

Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?

The price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive discounts the markup price was further increased successively two times by the same percentage?