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Profit And Loss MCQs

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101

A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

Option A: neither profit nor loss

Option B: 3%

Option C: 5%

Option D: 4%

Correct Answer: 4% ✔


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102

A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent?

Option A: neither profit nor loss

Option B: 1%

Option C: 2%

Option D: 3%

Correct Answer: neither profit nor loss ✔


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103

By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

Option A: Rs.600

Option B: Rs.480

Option C: Rs.500

Option D: Rs.450

Correct Answer: Rs.480 ✔


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104

By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

Option A: Rs.350

Option B: Rs.400

Option C: Rs.573

Option D: Rs.480

Correct Answer: Rs.480 ✔


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105

A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

Option A: Rs.600

Option B: Rs.500

Option C: Rs.250

Option D: Rs.700

Correct Answer: Rs.600 ✔


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106

A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

Option A: 1:5

Option B: 1:20

Option C: 2:5

Option D: 1:6

Correct Answer: 1:5 ✔


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107

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?

Option A: Rs.2250

Option B: Rs.2000

Option C: Rs.2150

Option D: Rs.2200

Correct Answer: Rs.2000 ✔


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108

A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

Option A: Rs.60000

Option B: Rs.75000

Option C: Rs.68400

Option D: Rs.78400

Correct Answer: Rs.60000 ✔


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109

At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

Option A: Rs.62.50

Option B: Rs.72.50

Option C: Rs.75.00

Option D: Rs.80.00

Correct Answer: Rs.62.50 ✔


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110

A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

Option A: 75%

Option B: 50%

Option C: 100%

Option D: 80%

Correct Answer: 100% ✔


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111

Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?

Option A: 1% gain

Option B: 2% gain

Option C: 1% loss

Option D: 2% loss

Correct Answer: 1% loss ✔


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112

If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

Option A: 30%

Option B: 33%

Option C: 33 1/3%

Option D: 35%

Correct Answer: 33 1/3% ✔


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113

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

Option A: Rs.250

Option B: Rs.225

Option C: Rs.275

Option D: Rs.200

Correct Answer: Rs.250 ✔


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114

A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

Option A: Rs.370

Option B: Rs.375

Option C: Rs.350

Option D: Rs.300

Correct Answer: Rs.375 ✔


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115

I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

Option A: Rs.28

Option B: Rs.280

Option C: Rs.140

Option D: Rs.70

Correct Answer: Rs.28 ✔


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116

A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

Option A: 9% loss

Option B: 400

Option C: 4000

Option D: 324

Correct Answer: 9% loss ✔


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117

A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

Option A: 1% gain

Option B: 1% loss

Option C: 10% loss

Option D: no gain or no loss

Correct Answer: 1% gain ✔


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118

A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?

Option A: 2 3/2

Option B: 2 2/3

Option C: 2.5

Option D: 3

Correct Answer: 2.5 ✔


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119

A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

Option A: Rs.20

Option B: Rs.30

Option C: Rs.40

Option D: Rs.25

Correct Answer: Rs.40 ✔


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120

A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?

Option A: Rs.5

Option B: Rs.4

Option C: Rs.2

Option D: Rs.3

Correct Answer: Rs.3 ✔


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121

A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?

Option A: 20.98% profit

Option B: 20.98% loss

Option C: 20.89% profit

Option D: 20.89% loss

Correct Answer: 20.98% loss ✔


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122

A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?

Option A: 700 gms

Option B: 750 gms

Option C: 800 gms

Option D: 850 gms

Correct Answer: 800 gms ✔


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123

Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?

Option A: 11%

Option B: 11 2/9%

Option C: 11 1/9%

Option D: 10%

Correct Answer: 11 1/9% ✔


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124

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?

Option A: 20%

Option B: 25%

Option C: 30%

Option D: 15%

Correct Answer: 25% ✔


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125

A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?

Option A: 20%

Option B: 45%

Option C: 44%

Option D: 48%

Correct Answer: 44% ✔


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126

Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

Option A: Rs.2000

Option B: Rs.1980

Option C: Rs.1891

Option D: Rs.1750

Correct Answer: Rs.2000 ✔


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127

By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

Option A: 35%

Option B: 30%

Option C: 40%

Option D: 42 6/7%

Correct Answer: 42 6/7% ✔


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128

The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?

Option A: 15 5/15%

Option B: 18 2/11%

Option C: 16 2/3%

Option D: 30%

Correct Answer: 18 2/11% ✔


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129

By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?

Option A: 8

Option B: 9

Option C: 12

Option D: 16

Correct Answer: 8 ✔


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130

The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?

Option A: 16 2/3% loss

Option B: 100/3% loss

Option C: 50/3% profit

Option D: 100/3% loss

Correct Answer: 16 2/3% loss ✔


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131

The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?

Option A: 16 2/3% profit

Option B: 50/6% profit

Option C: 16 2/3% loss

Option D: 100/3% loss

Correct Answer: 16 2/3% loss ✔


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132

By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

Option A: 20%

Option B: 25%

Option C: 18%

Option D: 30%

Correct Answer: 25% ✔


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133

If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?

Option A: 7

Option B: 8

Option C: 9

Option D: 10

Correct Answer: 8 ✔


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134

By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

Option A: Rs.38750

Option B: Rs.38000

Option C: Rs.40000

Option D: Rs.42000

Correct Answer: Rs.38000 ✔


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135

A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

Option A: Rs.900

Option B: Rs.875

Option C: Rs.850

Option D: Rs.860

Correct Answer: Rs.860 ✔


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136

A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

Option A: 10%

Option B: 11%

Option C: 12%

Option D: 15%

Correct Answer: 12% ✔


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137

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

Option A: 20%

Option B: 25%

Option C: 13 1/30%

Option D: 12%

Correct Answer: 20% ✔


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138

A single discount equivalent to the discount series of 20%, 10% and 5% is_______?

Option A: 25%

Option B: 30%

Option C: 31.6%

Option D: 33.5%

Correct Answer: 31.6% ✔


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139

The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is________?

Option A: 3%

Option B: 4%

Option C: 5%

Option D: 6%

Correct Answer: 4% ✔


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140

The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is________?

Option A: Rs.357

Option B: Rs.340

Option C: Rs.342

Option D: Rs.338

Correct Answer: Rs.342 ✔


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141

A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?

Option A: Rs.1000

Option B: Rs.1140

Option C: Rs.860

Option D: Rs.760

Correct Answer: Rs.1000 ✔


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142

The cost price of a radio is Rs.1500 and it was sold for Rs.1230, find the loss %?

Option A: 18%

Option B: 9%

Option C: 15%

Option D: 6%

Correct Answer: 18% ✔


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143

An article is bought for Rs.600 and sold for Rs.500, find the loss percent?

Option A: 16 4/3%

Option B: 100/3%

Option C: 16%

Option D: 16 2/3%

Correct Answer: 16 2/3% ✔


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144

An article is bought for Rs.675 and sold for Rs.900, find the gain percent?

Option A: 16 2/3%

Option B: 30%

Option C: 33 1/3%

Option D: 33 1/6%

Correct Answer: 33 1/3% ✔


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145

A cycle is bought for Rs.900 and sold for Rs.1080, find the gain percent?

Option A: 16 2/3%

Option B: 20%

Option C: 18%

Option D: 25%

Correct Answer: 20% ✔


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