3305 + Mcqs in Profit And Loss Page 17 McqOptions

801.	Find the selling price of an article if a shopkeeper allows two successive discounts of 15% and 20% each on the marked price of Rs. 800.
A.	Rs. 612
B.	Rs. 544
C.	Rs. 412
D.	Rs.312
Answer» C. Rs. 412

Discussion

802.	By selling 72 articles, a loss equal to the selling price of 8 articles was incurred. What is the loss percentage?
A.	12%
B.	10%
C.	9%
D.	11%
Answer» C. 9%

Discussion

803.	An article having marked price of Rs. 3900 is sold at a discount of 21%. What is the selling price (in Rs) of the article?
A.	3129
B.	3081
C.	3243
D.	3189
Answer» C. 3243

Discussion

804.	On selling a wooden door for Rs.2208, Suresh loses 8%. For how much did he purchase it?
A.	Rs.1800
B.	Rs.2100
C.	Rs.2400
D.	Rs.3200
Answer» D. Rs.3200

Discussion

805.	A wholesaler who is selling fruits in wholesale market offers a cash discount of 30% for his customers. But in the entire deal he is still able to make a profit of 15%. In the whole deal he allows 20 apples to a dozen for his customer. How much percent above the cost price were his fruits were marked?
A.	173.8%
B.	195.8%
C.	186.9%
D.	159.8%
E.	159.9%
Answer» B. 195.8%

Discussion

806.	An item costing Rs.840 was sold by the shopkeeper at a gain of 10% and it was sold by the new buyer at a loss of 5%. Final selling price of the item is
A.	877.80
B.	798.20
C.	924.60
D.	777.80
Answer» B. 798.20

Discussion

807.	If the single discount equivalent to successive discounts of 20% and x% is 24%, then the value of x is:
A.	6%
B.	4%
C.	8%
D.	5%
Answer» E.

Discussion

808.	Mohammed bought a television set for Rs. 12,000 and later sold it for Rs. 10,000.What is his loss percent? (Approximately)
A.	16.5%
B.	17.5%
C.	14.5%
D.	18.5%
Answer» B. 17.5%

Discussion

809.	A milkman buys milk at Rs. 25 per litre and adds 1/4 of water to it and sells the mixture at Rs. 26 per litre. His gain (in %) is?
A.	25
B.	20
C.	30
D.	15
Answer» D. 15

Discussion

810.	A retailer marks up his goods by 30% and offers 15% discount. What will be the selling price (in Rs.) of an item sold by the retailer if its cost to the retailer is Rs. 1,000?
A.	1050
B.	1105
C.	805
D.	1225
Answer» C. 805

Discussion

811.	A dealer is selling an article with a marked price of Rs. 1400 at a discount of 5% on the marked price. Find the selling price of the article?
A.	Rs. 1,426
B.	Rs. 1,330
C.	Rs. 1,226
D.	Rs. 1,116
Answer» C. Rs. 1,226

Discussion

812.	A shopkeeper fixes the price of an article in such a way that after allowing 32% discount, be wants a gain of 14%. If the marked price is Rs. 342, then the cost price of the article is:
A.	Rs. 212
B.	Rs. 196
C.	Rs. 204
D.	Rs. 218
Answer» D. Rs. 218

Discussion

813.	A man sold his bike for Rs. 25,000 at 25% profit. At what price would it he have sold if he had incurred a loss of 15%?
A.	Rs. 19,000
B.	Rs. 17,000
C.	Rs. 16,000
D.	Rs. 18,000
Answer» C. Rs. 16,000

Discussion

814.	A man sold 400 chairs and had a gain equal to selling price of 30 chairs. What is his profit percentage?
A.	12.5%
B.	8.1%
C.	4.56%
D.	10%
Answer» C. 4.56%

Discussion

815.	A bag is bought for Rs. 2,000 and sold at a loss of 5%. Find its selling price.
A.	Rs. 1,872
B.	Rs. 1,935
C.	Rs. 975
D.	Rs. 1,900
Answer» E.

Discussion

816.	A shopkeeper offers 25% discount on balls which have been marked 40% above the cost price. Gajender bought the balls for Rs 630. What was the cost price (in Rs) of the balls?
A.	600
B.	580
C.	575
D.	550
Answer» B. 580

Discussion

817.	A, B, and C enter into a partnership. A invests Rs. 25 lakhs initially and adds another Rs.10 lakhs after 1 year. B invests Rs. 35 lakhs initially and withdraws Rs. 10 lakhs after 2 years. C invests Rs. 30 lakhs. What fraction C of the profit will Get after 3 years?
A.	19/56
B.	19/28
C.	9/28
D.	17/28
Answer» D. 17/28

Discussion

818.	A and B started a business investing some amount in the ratio of 5 : 6. C joined them after 6 months with an amount equal to 2/3rd of B. What was their total proﬁt (in Rs) at the end of the year, if C got Rs. 21,600 as his share?
A.	46800
B.	56160
C.	70200
D.	140400
Answer» E.

Discussion

819.	A person sells two items each at Rs. 990, one at a profit of 10% and another at a loss of 10%. What is the combined percentage of profit or loss for the two items?
A.	1% loss
B.	1% profit
C.	No profit no loss
D.	0.5% profit
Answer» B. 1% profit

Discussion

820.	A dealer marks an article 40% above the cost price and sells it to a customer, allowing two successive discounts of 20% and 25% on the marked price. If he suffers a loss of Rs. 140, then the cost price (in Rs) of the article is:
A.	840
B.	900
C.	872
D.	875
Answer» E.

Discussion

821.	If the cost price of 8 articles is equal to the selling price of 6 articles, then what is the profit percentage?
A.	25.45%
B.	37.52%
C.	33.33%
D.	20.46%
Answer» D. 20.46%

Discussion

822.	By selling an article for Rs. 435 there is a loss of 13%. What is the cost price (in Rs.) of the article?
A.	500
B.	580
C.	400
D.	450
Answer» B. 580

Discussion

823.	A merchant purchases a watch for Rs 510 and fixes its marked price in such a way that after allowing a discount of 15%, he earns a profit of 30%. What is the marked price (in Rs) of the watch?
A.	650
B.	690
C.	780
D.	730
Answer» D. 730

Discussion

824.	By selling 150 metre of cloth, I gain the selling price of 15 metre. Find the gain percent.
A.	15 Percent
B.	9.09 Percent
C.	11.11 Percent
D.	10 Percent
Answer» D. 10 Percent

Discussion

825.	If the cost price of a table is 62% of the selling price, then what is the profit percentage?
A.	43.42
B.	37.45
C.	61.29
D.	71.35
Answer» D. 71.35

Discussion

826.	A and B invest in a business in the ratio 2 : 5. If 50% of the total proﬁt goes to charity and A’s share is Rs. 3.6 lakhs, then the total proﬁt is Rs ________ lakhs.
A.	12.6
B.	25.2
C.	37.8
D.	16.8
Answer» C. 37.8

Discussion

827.	If a watch is being sold at Rs. 7,225 which is marked at Rs. 8,500, then what is the discount (in %) at which the watch is being sold?
A.	24
B.	15
C.	25
D.	20
Answer» C. 25

Discussion

828.	Marked price of a shirt as Rs. 2000. If shopkeeper declares successive discount on shirt of 10% & 25%, the selling price (in Rs.) of shirt is:
A.	1350
B.	1250
C.	1650
D.	1300
Answer» B. 1250

Discussion

829.	A pair of trousers with a marked price of Rs. 750 was sold at Rs. 660 during a sale. What was the percentage of discount that was offered?
A.	12
B.	12.5
C.	11.5
D.	14
Answer» B. 12.5

Discussion

830.	A milkman buys milk at Rs 43.75 per litre and adds 1/6 of water to it and sells the mixture at Rs 50 per litre. What is his gain (in %)?
A.	30
B.	25
C.	20
D.	33 .3
Answer» E.

Discussion

831.	By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:
A.	6.1%
B.	6.4%
C.	6.2%
D.	6.0%
Answer» E.

Discussion

832.	A person sold a product for Rs. 360 at a profit of 20% on the initial price. What was the cost price of the product?
A.	Rs. 200
B.	Rs. 350
C.	Rs. 300
D.	Rs. 250
Answer» D. Rs. 250

Discussion

833.	A fruit seller purchased 20 kgs of apples at Rs. 8 per kg. He found 5% of the apples to be rotten. If he sells the remaining apples at Rs. 11 per kg, what his gain percentage?
A.	30.625%
B.	40.625%
C.	50.625%
D.	60.625%
Answer» B. 40.625%

Discussion

834.	An article is sold at 20% loss. If the selling price is increased by 40%, then what is the profit percentage?
A.	12
B.	20
C.	18
D.	32
Answer» B. 20

Discussion

835.	Cost price of 25 items is Rs. 300. If 15 items are sold at 30% profit and rest are sold at 20% profit, then find overall selling price of 25 items.
A.	Rs. 340
B.	Rs. 428
C.	Rs. 378
D.	Rs.418
Answer» D. Rs.418

Discussion

836.	P and Q started a business by investing Rs. 156000 and Rs. 117000 respectively and their time period of investment is same. If P’s share in the profit earned by them is Rs. 12000, then what is the total profit (in Rs) earned by both of them together?
A.	25000
B.	17000
C.	21000
D.	18000
Answer» D. 18000

Discussion

837.	Anu allows a 20% discount on the marked price of an article and still makes a profit of 25%. If he gains Rs. 44.80 on the sale of the article, then the cost price of the article is∶
A.	Rs. 179.20
B.	Rs. 192.80
C.	Rs. 188.80
D.	Rs. 184.20
Answer» B. Rs. 192.80

Discussion

838.	An article is marked 20% above the cost price and sold at a discount of 20%. What is the netresult of this sale?
A.	10% gain
B.	No profit or loss
C.	10% loss
D.	4% loss
Answer» E.

Discussion

839.	An item is sold for Rs 1428 after two successive discounts of 12.5% and 20%. What is the marked price (in Rs) of the article?
A.	2000
B.	2100
C.	2040
D.	2400
Answer» D. 2400

Discussion

840.	If 40 chairs are bought for Rs. 10000, then how many chairs must be sold for 10000 to gain 60%?
A.	25
B.	30
C.	15
D.	20
Answer» B. 30

Discussion

841.	An article is purchased for Rs 7500 and sold for Rs 9375. What is the profit%?
A.	20
B.	18
C.	25
D.	27
Answer» D. 27

Discussion

842.	By selling article for Rs. 300, a person incurred a loss of 6.25%. what is his profit, if it is sold for Rs. 352?
A.	Rs. 38
B.	Rs. 42
C.	Rs. 32
D.	Rs. 28
Answer» D. Rs. 28

Discussion

843.	Ankit purchased a printer for Rs. 15,600/- and sold at Rs. 17,160/-. What is his profit percentage?
A.	17%
B.	10%
C.	8%
D.	27%
Answer» C. 8%

Discussion

844.	A person marks his goods 30% above the cost price. He sells 60% of the goods at the marked price and the rest at 15% loss. What is his gain percent on the whole transactions?
A.	15
B.	12
C.	9
D.	10 ½
Answer» C. 9

Discussion

845.	If selling price is Rs. 144 and profit is 20%, then what is the cost price?
A.	120
B.	110
C.	140
D.	130
Answer» B. 110

Discussion

846.	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 buy the diamond, what had it cost the miner (in Rs lakhs)?
A.	30
B.	28
C.	25
D.	32
Answer» E.

Discussion

847.	A shopkeeper earns a profit of 8% on selling a commodity by giving two successive discounts of 10% and 20% on the marked price of the article. The marked price of the item is how much percent more than its cost price?
A.	30
B.	50
C.	28
D.	38
Answer» C. 28

Discussion

848.	If a shopkeeper hikes the purchasing value of an item by 46% and gives it a discount of 46% on the face value for selling it, then what the total percentage gain or loss will it have?
A.	21.16% profit
B.	20.04% Loss
C.	20.04% Profit
D.	21.16% Loss
Answer» E.

Discussion

849.	A shopkeeper by selling 6 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?
A.	20
B.	25
C.	30
D.	35
Answer» B. 25

Discussion

850.	An article is sold for Rs.799.50 after allowing two successive discounts of 18% and 22% on its marked price. The cost price of the article is Rs.1,000. If it is sold at the marked price, then the gain is:
A.	Rs.250
B.	Rs.240
C.	Rs.300
D.	Rs.220
Answer» B. Rs.240

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

Find the selling price of an article if a shopkeeper allows two successive discounts of 15% and 20% each on the marked price of Rs. 800.

By selling 72 articles, a loss equal to the selling price of 8 articles was incurred. What is the loss percentage?

An article having marked price of Rs. 3900 is sold at a discount of 21%. What is the selling price (in Rs) of the article?

On selling a wooden door for Rs.2208, Suresh loses 8%. For how much did he purchase it?

An item costing Rs.840 was sold by the shopkeeper at a gain of 10% and it was sold by the new buyer at a loss of 5%. Final selling price of the item is

If the single discount equivalent to successive discounts of 20% and x% is 24%, then the value of x is:

Mohammed bought a television set for Rs. 12,000 and later sold it for Rs. 10,000.What is his loss percent? (Approximately)

A milkman buys milk at Rs. 25 per litre and adds 1/4 of water to it and sells the mixture at Rs. 26 per litre. His gain (in %) is?

A retailer marks up his goods by 30% and offers 15% discount. What will be the selling price (in Rs.) of an item sold by the retailer if its cost to the retailer is Rs. 1,000?

A dealer is selling an article with a marked price of Rs. 1400 at a discount of 5% on the marked price. Find the selling price of the article?

A shopkeeper fixes the price of an article in such a way that after allowing 32% discount, be wants a gain of 14%. If the marked price is Rs. 342, then the cost price of the article is:

A man sold his bike for Rs. 25,000 at 25% profit. At what price would it he have sold if he had incurred a loss of 15%?

A man sold 400 chairs and had a gain equal to selling price of 30 chairs. What is his profit percentage?

A bag is bought for Rs. 2,000 and sold at a loss of 5%. Find its selling price.

A shopkeeper offers 25% discount on balls which have been marked 40% above the cost price. Gajender bought the balls for Rs 630. What was the cost price (in Rs) of the balls?

A, B, and C enter into a partnership. A invests Rs. 25 lakhs initially and adds another Rs.10 lakhs after 1 year. B invests Rs. 35 lakhs initially and withdraws Rs. 10 lakhs after 2 years. C invests Rs. 30 lakhs. What fraction C of the profit will Get after 3 years?

A and B started a business investing some amount in the ratio of 5 : 6. C joined them after 6 months with an amount equal to 2/3rd of B. What was their total proﬁt (in Rs) at the end of the year, if C got Rs. 21,600 as his share?

A person sells two items each at Rs. 990, one at a profit of 10% and another at a loss of 10%. What is the combined percentage of profit or loss for the two items?

A dealer marks an article 40% above the cost price and sells it to a customer, allowing two successive discounts of 20% and 25% on the marked price. If he suffers a loss of Rs. 140, then the cost price (in Rs) of the article is:

If the cost price of 8 articles is equal to the selling price of 6 articles, then what is the profit percentage?

By selling an article for Rs. 435 there is a loss of 13%. What is the cost price (in Rs.) of the article?

A merchant purchases a watch for Rs 510 and fixes its marked price in such a way that after allowing a discount of 15%, he earns a profit of 30%. What is the marked price (in Rs) of the watch?

By selling 150 metre of cloth, I gain the selling price of 15 metre. Find the gain percent.

If the cost price of a table is 62% of the selling price, then what is the profit percentage?

A and B invest in a business in the ratio 2 : 5. If 50% of the total proﬁt goes to charity and A’s share is Rs. 3.6 lakhs, then the total proﬁt is Rs ________ lakhs.

If a watch is being sold at Rs. 7,225 which is marked at Rs. 8,500, then what is the discount (in %) at which the watch is being sold?

Marked price of a shirt as Rs. 2000. If shopkeeper declares successive discount on shirt of 10% & 25%, the selling price (in Rs.) of shirt is:

A pair of trousers with a marked price of Rs. 750 was sold at Rs. 660 during a sale. What was the percentage of discount that was offered?

A milkman buys milk at Rs 43.75 per litre and adds 1/6 of water to it and sells the mixture at Rs 50 per litre. What is his gain (in %)?

By selling a table for Rs. 16,870, a shopkeeper suffers a loss of Rs. 1,080. His loss percentage (rounded off to one decimal place) is:

A person sold a product for Rs. 360 at a profit of 20% on the initial price. What was the cost price of the product?

A fruit seller purchased 20 kgs of apples at Rs. 8 per kg. He found 5% of the apples to be rotten. If he sells the remaining apples at Rs. 11 per kg, what his gain percentage?

An article is sold at 20% loss. If the selling price is increased by 40%, then what is the profit percentage?

Cost price of 25 items is Rs. 300. If 15 items are sold at 30% profit and rest are sold at 20% profit, then find overall selling price of 25 items.

P and Q started a business by investing Rs. 156000 and Rs. 117000 respectively and their time period of investment is same. If P’s share in the profit earned by them is Rs. 12000, then what is the total profit (in Rs) earned by both of them together?

Anu allows a 20% discount on the marked price of an article and still makes a profit of 25%. If he gains Rs. 44.80 on the sale of the article, then the cost price of the article is∶

An article is marked 20% above the cost price and sold at a discount of 20%. What is the netresult of this sale?

An item is sold for Rs 1428 after two successive discounts of 12.5% and 20%. What is the marked price (in Rs) of the article?

If 40 chairs are bought for Rs. 10000, then how many chairs must be sold for 10000 to gain 60%?

An article is purchased for Rs 7500 and sold for Rs 9375. What is the profit%?

By selling article for Rs. 300, a person incurred a loss of 6.25%. what is his profit, if it is sold for Rs. 352?

Ankit purchased a printer for Rs. 15,600/- and sold at Rs. 17,160/-. What is his profit percentage?

A person marks his goods 30% above the cost price. He sells 60% of the goods at the marked price and the rest at 15% loss. What is his gain percent on the whole transactions?

If selling price is Rs. 144 and profit is 20%, then what is the cost price?

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 buy the diamond, what had it cost the miner (in Rs lakhs)?

A shopkeeper earns a profit of 8% on selling a commodity by giving two successive discounts of 10% and 20% on the marked price of the article. The marked price of the item is how much percent more than its cost price?

If a shopkeeper hikes the purchasing value of an item by 46% and gives it a discount of 46% on the face value for selling it, then what the total percentage gain or loss will it have?

A shopkeeper by selling 6 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?

An article is sold for Rs.799.50 after allowing two successive discounts of 18% and 22% on its marked price. The cost price of the article is Rs.1,000. If it is sold at the marked price, then the gain is: