3305 + Mcqs in Profit And Loss Page 23 McqOptions

1101.	R and S started a business by investing Rs. 165000 and Rs. 195000 respectively for the same period. If R’s share in the profit earned by them is Rs. 11000, then what is the total profit (in Rs.) earned by both together?
A.	Rs. 22000
B.	Rs. 40000
C.	Rs. 26000
D.	Rs. 24000
Answer» E.

Discussion

1102.	A, B and C started a business with a pool of capital in a ratio 9 ∶ 7 ∶ 5. A is the working partner and receives Rs. 1050 per month salary out of the profit. They have also decided to donate 12.5% of the total profit and share the remaining in the ratio of their investment. If A receives Rs. 450 less than B and C together then, find the total profit at the end of 11 months.
A.	Rs. 109200
B.	Rs. 82800
C.	Rs. 102000
D.	Rs. 75600
E.	Rs. 80000
Answer» B. Rs. 82800

Discussion

1103.	Raman sold an article at 8% gain. Had it been sold for Rs. 150 more, the gain would have been 14%. If he had sold it for Rs. 2,650, then gain per cent would have been:
A.	4
B.	5.5
C.	6
D.	6.5
Answer» D. 6.5

Discussion

1104.	On the marked price of an article, the sum of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is Rs. 1,995. The marked price of the article (in Rs.) is:
A.	1,500
B.	1,550
C.	1,800
D.	1,600
Answer» B. 1,550

Discussion

1105.	3 pens and 4 books costs 95 Rs. 5 pens and 2 books costs 65 Rs. Find the cost price of 1 book.
A.	10 Rs
B.	20 Rs
C.	25 Rs
D.	15 Rs
Answer» C. 25 Rs

Discussion

1106.	A mobile when sold at a gain of 6% yields Rs. 870 more than when it is sold at a loss of 6%. What is the cost price of the mobile phone?
A.	Rs. 7250
B.	Rs. 6265
C.	Rs. 6000
D.	Rs. 7000
Answer» B. Rs. 6265

Discussion

1107.	A shopkeeper has 76 articles of same price. He sells 20 articles at a profit of 15%, 40 at a profit of 19% and the remaining at a profit of 25%. He ends up making a profit of Rs. 27,740. The cost price (in Rs.) of 1 article is
A.	2,000
B.	1,387
C.	1,900
D.	2,100
Answer» D. 2,100

Discussion

1108.	If two successive discounts of 25% and 20% respectively are given, then what will be the net discount percentage?
A.	42.5%
B.	45%
C.	50%
D.	40%
Answer» E.

Discussion

1109.	By selling a mobile for Rs. 1,536, Amit lost 20%. What percent shall he gain or loose by selling it for Rs. 2,000?
A.	A loss of 8.25%
B.	A profit of 8.25%
C.	A loss of 4.17%
D.	A profit of 4.17%
Answer» E.

Discussion

1110.	In a discount sale of 15%, the selling price of a book is Rs. 2150. Find the marked price of the book.
A.	Rs. 2,250.50
B.	Rs. 1,527.00
C.	Rs. 2,529.41
D.	Rs. 2,2500.00
Answer» D. Rs. 2,2500.00

Discussion

1111.	A dealer sold 5/6th of his goods at 30 percent profit and the remaining at the cost price. What is his overall gain percent?
A.	27.27 percent
B.	25 percent
C.	22.5 percent
D.	30 percent
Answer» C. 22.5 percent

Discussion

1112.	Amit sold an article for Rs. 7,000 and incurred a loss. Had he sold it for Rs. 8,750, his gain would have been three-fourth of the amount of loss that he incurred. At what price should he sell the article to get 10% profit?
A.	Rs. 8,400
B.	Rs. 8,800
C.	Rs. 8,000
D.	Rs. 7,800
Answer» C. Rs. 8,000

Discussion

1113.	A shopkeeper sells two articles, one of them with a profit of 10% for ₹ 1100 and another with a loss of 10% for ₹ 900. What will be the profit or loss percent?
A.	₹ 1000
B.	Neither profit nor loss
C.	20% profit
D.	20% loss
Answer» C. 20% profit

Discussion

1114.	An article is sold at a certain price. Had it been sold at 60% of this price, there would have been a loss of 35%. What is the percentage of profit now?
A.	\(12\frac{1}{2}\%\)
B.	\(8\frac{1}{3}\%\)
C.	\(16\frac{2}{3}\%\)
D.	15%
Answer» C. \(16\frac{2}{3}\%\)

Discussion

1115.	1 packet of biscuits costs Rs. 16, but a pack of 4 of the same packet of biscuits costs Rs. 56. What is the effective discount (in %) on the pack?
A.	8
B.	10
C.	7.5
D.	12.5
Answer» E.

Discussion

1116.	Ramkishan sells an article at a profit of 6%. If he sells it for Rs. 200 more, there would be a profit of 10%. Then the cost price of the article is
A.	Rs. 5000
B.	Rs. 4,500
C.	Rs. 5,500
D.	None of the above
Answer» B. Rs. 4,500

Discussion

1117.	A and B started a business in the partnership by investing in the ratio of 7 ∶ 9. After 3 months A withdraw \(\dfrac{2}{3}\)of of its investment and after 4 months from the beginning B withdraw \(33 \dfrac{1}{3}\%\) of its investment. If the total earned profit is Rs. 10201/- at the end of 9 months, find the share of each in the profit.
A.	Rs 3535/- and Rs 6666/-
B.	Rs 3055/- and Rs. 5555/-
C.	Rs 4503/- and Rs 1345/-
D.	Rs 3545/- and Rs. 3333/-
Answer» B. Rs 3055/- and Rs. 5555/-

Discussion

1118.	John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find the loss per cent.
A.	20%
B.	22%
C.	24%
D.	26%
Answer» B. 22%

Discussion

1119.	In what ratio sugar of Rs. 38 per kg and Rs. 30 per kg be mixed with each other so that on selling mixture at Rs. 35.2 per kg there will be a profit of 10%?
A.	1 : 3
B.	3 : 7
C.	13 : 7
D.	9 : 4
Answer» B. 3 : 7

Discussion

1120.	On an article the profit is 210% of the cost price. If the cost price increase by 40% but the selling price remains constant, then approximately what percentage of selling price will be the profit?
A.	55
B.	62
C.	74
D.	85
Answer» B. 62

Discussion

1121.	A person marks his 40 items at 20% above the cost price. He sells 10 items at a 10% discount and 20 items at a 15% discount on the marked price. What is the maximum discount (rounded off) he can offer on the remaining items if he still gets some profit?
A.	21%
B.	26%
C.	28%
D.	25%
Answer» C. 28%

Discussion

1122.	A merchant purchases a watch for Rs. 560 and ﬁxes its marked price in such a way that even after allowing a discount of 20%, he earns a proﬁt of 40%. What is the marked price (in Rs) of the watch?
A.	600
B.	980
C.	660
D.	750
Answer» C. 660

Discussion

1123.	A, B and C are partners and invest in a business. A invests 1/5th of total and B invests 1/4th of the total. What is the ratio of profit of A, B and C respectively?
A.	5 : 4 : 9
B.	5 : 4 : 1
C.	4 : 5 : 1
D.	4 : 5 : 11
Answer» E.

Discussion

1124.	After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?
A.	24
B.	20
C.	27
D.	25
Answer» C. 27

Discussion

1125.	By how much above cost price should an article be marked so as to gain 17% profit even after allowing a 22% discount?
A.	45%
B.	35%
C.	50%
D.	28%
Answer» D. 28%

Discussion

1126.	In what ratio must wheat at Rs. 50.80 per kg be mixed with wheat at Rs. 29.30 per kg so that the mixture will be worth Rs. 40 per kg?
A.	109 : 107
B.	107 : 108
C.	108 : 107
D.	107 : 107
Answer» C. 108 : 107

Discussion

1127.	Amit bought an article for Rs. 310 and sold it at a loss of 25%. With this money, he bought another article and sold it at a gain of 40% What was his overall gain or loss percent?
A.	Loss of 4%
B.	Gain 5%
C.	Gain 8%
D.	Loss of 2.5%
Answer» C. Gain 8%

Discussion

1128.	A trader gives successive discounts of 20%, 10% and 5% respectively. What is the overall discount?
A.	30%
B.	31.6%
C.	32.8%
D.	35%
Answer» C. 32.8%

Discussion

1129.	Anurag loses one-seventh of the cost by selling a pen for Rs. 144. If the pen is sold for Rs. 189, what is the gain percent?
A.	11%
B.	12.5%
C.	11.5%
D.	14%
Answer» C. 11.5%

Discussion

1130.	An article is sold for Rs. 8400 at a loss of 25%, what is the cost price (in Rs) of the article?
A.	14400
B.	12400
C.	11200
D.	10800
Answer» D. 10800

Discussion

1131.	A merchant purchases a watch for Rs 540 and fixes its marked price in such a way that after allowing a discount of 10%, he earns a profit of 35%. What is the marked price (in Rs) of the watch?
A.	790
B.	810
C.	750
D.	840
Answer» C. 750

Discussion

1132.	An item is sold for ₹ 649 with a profit of 18%, what will be the loss percentage if that item is sold for ₹ 418?
A.	24.5
B.	24
C.	25
D.	22.5
Answer» C. 25

Discussion

1133.	On the marked price of Rs. 1,250 of an article, three successive discounts of 5%, 15% and 20% are offered. What will be the selling price (in Rs.) after all discounts?
A.	807.50
B.	975.75
C.	1,000
D.	950.25
Answer» B. 975.75

Discussion

1134.	A discount of 30% on the marked price of a shirt enables a man to purchase a tie also, which costs him ₹ 210. How much did the man pay for the shirt?
A.	₹540
B.	₹490
C.	₹630
D.	₹700
Answer» C. ₹630

Discussion

1135.	By selling two articles for Rs. 800, a person gains the cost price of three articles. The profit percent is:
A.	120
B.	140
C.	150
D.	125
Answer» D. 125

Discussion

1136.	Mahesh sold his cycle for Rs 10080 after marking up the price by 40 percent. What was the cost price if he sold it after giving 20 percent discount on the marked price?
A.	Rs. 7500
B.	Rs. 8500
C.	Rs. 8000
D.	Rs. 9000
Answer» E.

Discussion

1137.	If the proﬁt is 20%, what will be the ratio of cost price to selling price respectively?
A.	4 : 5
B.	5 : 6
C.	2 : 5
D.	3 : 4
Answer» C. 2 : 5

Discussion

1138.	A man bought 2 articles for Rs. 2650 each. He sold on article at 10% profit and another at 5% profit. The total profit percentage he earned is:
A.	8%
B.	8.5%
C.	7.5%
D.	10%
Answer» D. 10%

Discussion

1139.	A discount of 30% on the marked price of a toy reduces its S.P by Rs. 30. What is the new S.P?
A.	100
B.	130
C.	70
D.	30
Answer» D. 30

Discussion

1140.	A man gets a discount of 30% and then 20% on his food bill. How much equivalent single discount does he get?
A.	44%
B.	50%
C.	40%
D.	35%
Answer» B. 50%

Discussion

1141.	If a shopkeeper sells an item for Rs 270, he gains 35%, then what is the cost price of the item?
A.	Rs. 200
B.	Rs. 300
C.	Rs. 240
D.	Rs. 250
Answer» B. Rs. 300

Discussion

1142.	If the price of a commodity is decreased by 40% and its consumption is increased by 30%, then what will be the percentage increase or decrease in the expenditure of the commodity?
A.	22% decrease
B.	22% increase
C.	12% increase
D.	12% decrease
Answer» B. 22% increase

Discussion

1143.	A packet of 2 pens was purchased for Rs. 340 after 15% discount. Find the marked price of each pen.A. Rs. 200B. Rs. 150C. Rs. 170D. Rs. 180
A.	D
B.	C
C.	A
D.	B
Answer» D. B

Discussion

1144.	A, B and C invested Rs. 18000, Rs. 20000 and Rs. 24000, respectively, for 4 months. They further invested Rs 2000 more for the next 4 months. If the profit share of A at the end of 8 months is Rs. 7600, then find the profit share of B and C together at the end of 8 months.
A.	Rs. 18400
B.	Rs. 16800
C.	Rs. 17300
D.	Rs. 19200
E.	Rs. 18600
Answer» B. Rs. 16800

Discussion

1145.	A shopkeeper cheats to the extent of 9% while buying and selling fruits, by using tampered weights. His total gain in percentage is:A. 18.25B. 18.81C. 19.78D. 18.5
A.	B
B.	C
C.	A
D.	D
Answer» B. C

Discussion

1146.	A product, whose MRP is Rs 978 , is sold for Rs 925 by a wholesale shop owner. What is the percentage of discount given by him?
A.	9.2%
B.	6.5%
C.	5.4%
D.	7.8%
Answer» D. 7.8%

Discussion

1147.	A trouser and a shirt were originally sold for Rs. 400 and Rs. 500, respectively during a sale, Amit bought the trouser at a 40% discount and the shirt at a 55% discount. What percent of the total of the original prices did Amit save?
A.	48%
B.	45%
C.	\(46\frac{3}{7}\% \)
D.	\(48\frac{1}{3}\% \)
Answer» E.

Discussion

1148.	A shopkeeper marks his items 40% above the cost price and gives a discount of 20% on the marked price. His gain percentage is:
A.	20%
B.	14%
C.	15%
D.	12%
Answer» E.

Discussion

1149.	A man purchased a bullock and a cart for 1800. He sold the bullock at a profit of 20% and the cart at a profit of 30%. His total profit was 155/6 %. Find the cost price of bullock.
A.	Rs. 650
B.	Rs. 750
C.	Rs. 900
D.	Rs. 800
Answer» C. Rs. 900

Discussion

1150.	A shopkeeper allows 10% discount on the marked price of an article and still gains 17%. If he given 15% discount on the marked price, then his profit percent is:
A.	12
B.	10.5
C.	12.5
D.	10
Answer» C. 12.5

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

R and S started a business by investing Rs. 165000 and Rs. 195000 respectively for the same period. If R’s share in the profit earned by them is Rs. 11000, then what is the total profit (in Rs.) earned by both together?

Raman sold an article at 8% gain. Had it been sold for Rs. 150 more, the gain would have been 14%. If he had sold it for Rs. 2,650, then gain per cent would have been:

On the marked price of an article, the sum of selling prices with a discount of 35% and two successive discounts of 20% and 15%, is Rs. 1,995. The marked price of the article (in Rs.) is:

3 pens and 4 books costs 95 Rs. 5 pens and 2 books costs 65 Rs. Find the cost price of 1 book.

A mobile when sold at a gain of 6% yields Rs. 870 more than when it is sold at a loss of 6%. What is the cost price of the mobile phone?

A shopkeeper has 76 articles of same price. He sells 20 articles at a profit of 15%, 40 at a profit of 19% and the remaining at a profit of 25%. He ends up making a profit of Rs. 27,740. The cost price (in Rs.) of 1 article is

If two successive discounts of 25% and 20% respectively are given, then what will be the net discount percentage?

By selling a mobile for Rs. 1,536, Amit lost 20%. What percent shall he gain or loose by selling it for Rs. 2,000?

In a discount sale of 15%, the selling price of a book is Rs. 2150. Find the marked price of the book.

A dealer sold 5/6th of his goods at 30 percent profit and the remaining at the cost price. What is his overall gain percent?

Amit sold an article for Rs. 7,000 and incurred a loss. Had he sold it for Rs. 8,750, his gain would have been three-fourth of the amount of loss that he incurred. At what price should he sell the article to get 10% profit?

A shopkeeper sells two articles, one of them with a profit of 10% for ₹ 1100 and another with a loss of 10% for ₹ 900. What will be the profit or loss percent?

An article is sold at a certain price. Had it been sold at 60% of this price, there would have been a loss of 35%. What is the percentage of profit now?

1 packet of biscuits costs Rs. 16, but a pack of 4 of the same packet of biscuits costs Rs. 56. What is the effective discount (in %) on the pack?

Ramkishan sells an article at a profit of 6%. If he sells it for Rs. 200 more, there would be a profit of 10%. Then the cost price of the article is

John purchased a novel for Rs. 20000, and sold it for Rs. 16000. Find the loss per cent.

In what ratio sugar of Rs. 38 per kg and Rs. 30 per kg be mixed with each other so that on selling mixture at Rs. 35.2 per kg there will be a profit of 10%?

On an article the profit is 210% of the cost price. If the cost price increase by 40% but the selling price remains constant, then approximately what percentage of selling price will be the profit?

A person marks his 40 items at 20% above the cost price. He sells 10 items at a 10% discount and 20 items at a 15% discount on the marked price. What is the maximum discount (rounded off) he can offer on the remaining items if he still gets some profit?

A merchant purchases a watch for Rs. 560 and ﬁxes its marked price in such a way that even after allowing a discount of 20%, he earns a proﬁt of 40%. What is the marked price (in Rs) of the watch?

A, B and C are partners and invest in a business. A invests 1/5th of total and B invests 1/4th of the total. What is the ratio of profit of A, B and C respectively?

After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?

By how much above cost price should an article be marked so as to gain 17% profit even after allowing a 22% discount?

In what ratio must wheat at Rs. 50.80 per kg be mixed with wheat at Rs. 29.30 per kg so that the mixture will be worth Rs. 40 per kg?

Amit bought an article for Rs. 310 and sold it at a loss of 25%. With this money, he bought another article and sold it at a gain of 40% What was his overall gain or loss percent?

A trader gives successive discounts of 20%, 10% and 5% respectively. What is the overall discount?

Anurag loses one-seventh of the cost by selling a pen for Rs. 144. If the pen is sold for Rs. 189, what is the gain percent?

An article is sold for Rs. 8400 at a loss of 25%, what is the cost price (in Rs) of the article?

A merchant purchases a watch for Rs 540 and fixes its marked price in such a way that after allowing a discount of 10%, he earns a profit of 35%. What is the marked price (in Rs) of the watch?

An item is sold for ₹ 649 with a profit of 18%, what will be the loss percentage if that item is sold for ₹ 418?

On the marked price of Rs. 1,250 of an article, three successive discounts of 5%, 15% and 20% are offered. What will be the selling price (in Rs.) after all discounts?

A discount of 30% on the marked price of a shirt enables a man to purchase a tie also, which costs him ₹ 210. How much did the man pay for the shirt?

By selling two articles for Rs. 800, a person gains the cost price of three articles. The profit percent is:

Mahesh sold his cycle for Rs 10080 after marking up the price by 40 percent. What was the cost price if he sold it after giving 20 percent discount on the marked price?

If the proﬁt is 20%, what will be the ratio of cost price to selling price respectively?

A man bought 2 articles for Rs. 2650 each. He sold on article at 10% profit and another at 5% profit. The total profit percentage he earned is:

A discount of 30% on the marked price of a toy reduces its S.P by Rs. 30. What is the new S.P?

A man gets a discount of 30% and then 20% on his food bill. How much equivalent single discount does he get?

If a shopkeeper sells an item for Rs 270, he gains 35%, then what is the cost price of the item?

If the price of a commodity is decreased by 40% and its consumption is increased by 30%, then what will be the percentage increase or decrease in the expenditure of the commodity?

A packet of 2 pens was purchased for Rs. 340 after 15% discount. Find the marked price of each pen.A. Rs. 200B. Rs. 150C. Rs. 170D. Rs. 180

A, B and C invested Rs. 18000, Rs. 20000 and Rs. 24000, respectively, for 4 months. They further invested Rs 2000 more for the next 4 months. If the profit share of A at the end of 8 months is Rs. 7600, then find the profit share of B and C together at the end of 8 months.

A shopkeeper cheats to the extent of 9% while buying and selling fruits, by using tampered weights. His total gain in percentage is:A. 18.25B. 18.81C. 19.78D. 18.5

A product, whose MRP is Rs 978 , is sold for Rs 925 by a wholesale shop owner. What is the percentage of discount given by him?

A trouser and a shirt were originally sold for Rs. 400 and Rs. 500, respectively during a sale, Amit bought the trouser at a 40% discount and the shirt at a 55% discount. What percent of the total of the original prices did Amit save?

A shopkeeper marks his items 40% above the cost price and gives a discount of 20% on the marked price. His gain percentage is:

A man purchased a bullock and a cart for 1800. He sold the bullock at a profit of 20% and the cart at a profit of 30%. His total profit was 155/6 %. Find the cost price of bullock.

A shopkeeper allows 10% discount on the marked price of an article and still gains 17%. If he given 15% discount on the marked price, then his profit percent is: