3305 + Mcqs in Profit And Loss Page 9 McqOptions

401.	An article is sold for Rs. 360 after allowing discount of 20% on its marked price. Had the discount not been allowed, the profit would have been 50%. The cost price of the article is:
A.	Rs. 320
B.	Rs. 300
C.	Rs. 360
D.	Rs. 350
Answer» C. Rs. 360

Discussion

402.	A shopkeeper brought some wheat for Rs. 35,000. Due to a leakage in the storeroom, one-seventh of the total wheat had become mouldy. If he sold the good wheat at a profit of 10% and the mouldy one at a loss of 25%, what is his profit or loss?
A.	7%
B.	8%
C.	5%
D.	6%
Answer» D. 6%

Discussion

403.	A milkman bought 60 litres of milk at Rs. 30 per litre. For every four litres of milk he added one litre of water and sold the entire mixture at Rs. 32 per litre. Find his profit percentage.
A.	16.66 percent
B.	33.33 percent
C.	20 percent
D.	25 percent
Answer» C. 20 percent

Discussion

404.	An article was sold for Rs. 98,496 after providing three successive discounts of 10%, 5% and 4% respectively on the marked price. What was the marked price?
A.	Rs. 1,20,500
B.	Rs. 1,20,000
C.	Rs. 1,20,200
D.	Rs. 1,10,700
Answer» C. Rs. 1,20,200

Discussion

405.	A bought an article for Rs. 5,400 and sold it at a loss of 30%. With this amount, he bought another article and sold it at a gain of 60%. What was his overall percentage gain or percentage loss?
A.	Gain, 12%
B.	Gain, 1.2%
C.	Loss, 1.2%
D.	Loss, 12%
Answer» B. Gain, 1.2%

Discussion

406.	A shopkeeper was selling all his items at 20% discount. During off season, he offered 25% discount over and above the existing discount. If Rohit had bought a pullover which was marked Rs. 1200, then how much did he pay for it?
A.	Rs. 700
B.	Rs. 740
C.	Rs. 720
D.	Rs. 820
Answer» D. Rs. 820

Discussion

407.	If the cost price of 10 shirts is equal to the selling price of 08 shirts, then which of the following is true for the transaction?
A.	Profit of 25%
B.	Loss of 25%
C.	Profit of 20%
D.	Loss of 20%
Answer» B. Loss of 25%

Discussion

408.	A shopkeeper marks his good at a price such that after giving a discount of 25%, the gains 20% If the marked price of the article is Rs. 736, what is the cost price of the article?
A.	Rs. 460
B.	Rs. 450
C.	Rs. 440
D.	Rs. 455
Answer» B. Rs. 450

Discussion

409.	In what ratio must a grocer mix two varieties of pulse costing Rs. 25/kg and Rs. 30/kg, respectively, so as to get a mixture worth Rs. 27/kg?
A.	7 : 3
B.	5 : 7
C.	7 : 5
D.	3 : 2
Answer» E.

Discussion

410.	Mohan earns a profit of 20% on selling a jeans at 15% discount on printed price. The ratio of the cost price to printed price of the jean is
A.	17 : 24
B.	17 : 34
C.	16 : 13
D.	21 : 23
Answer» B. 17 : 34

Discussion

411.	If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% of the list price?
A.	14 percent profit
B.	4 percent loss
C.	26 percent profit
D.	8 percent profit
Answer» C. 26 percent profit

Discussion

412.	A, B and C start a business and the ratio of their investment is 8 : 5 : 3. If at the end the ratio of their profits is 4 : 15 : 6, then what is the ratio of time period of their investment?
A.	1 : 6 : 5
B.	2 : 3 : 4
C.	1 : 6 : 4
D.	2 : 6 : 3
Answer» D. 2 : 6 : 3

Discussion

413.	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. 2,550
B.	Rs. 2,625
C.	Rs. 1,800
D.	Rs. 1,575
Answer» C. Rs. 1,800

Discussion

414.	P, Q and R invest sum in the ratio of 7 : 4 : 9 respectively. If they earned total profit of Rs. 6680 at the end of year, then what is the total share of P and Q together?
A.	Rs. 4868
B.	Rs. 4254
C.	Rs. 4124
D.	Rs. 3674
Answer» E.

Discussion

415.	After giving a discount of 20% there is a profit of 20%. If 5% discount is given, then what will be the profit percentage?
A.	40.5
B.	42.5
C.	47.5
D.	52.5
Answer» C. 47.5

Discussion

416.	If the cost price of 20 articles is 5 times of the selling price of 4 articles, then what is the profit or loss percentage?
A.	No profit/loss
B.	25% loss
C.	20% profit
D.	25% profit
Answer» B. 25% loss

Discussion

417.	A shopkeeper buys 180 pens at a rate of Rs. 120 per pen and he spent Rs. 2160 in transportation and packaging. He set the mark price of each pen at Rs. 150 and gave 4% dicount on each pen. Find the overall percentage gain.
A.	8.09%
B.	11%
C.	9.09%
D.	10%
Answer» D. 10%

Discussion

418.	Ram buys 70 articles for ₹ 890 and sold 60 articles for ₹ 890. What is his gain percent?
A.	\(17\frac{1}{3}\)%
B.	25%
C.	20%
D.	\(16\frac{2}{3}\)
Answer» E.

Discussion

419.	A fruit vendor sells two boxes of mango at the rate of Rs. 750 each. He earns 25% profit on one box and suffers a loss of 25% on another box. In this business what is his loss or profit percent?
A.	5% profit
B.	Neither profit nor loss
C.	6.25% profit
D.	6.25% loss
Answer» E.

Discussion

420.	A shopkeeper buys a book for Rs. 2,500 and marks its price at 15% above cost. He allows a discount of Rs. 345. The discount percentage is∶
A.	10
B.	12
C.	11
D.	13
Answer» C. 11

Discussion

421.	A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg more for Rs.100. The reduced price of salt per kg is -
A.	4
B.	5
C.	6.25
D.	6.50
Answer» C. 6.25

Discussion

422.	Ram Naresh got two successive discounts, a bag with a list price of Rs. 400 is available at Rs. 160. If the second discount is 20%. Find the first discount?
A.	40%
B.	30%
C.	50%
D.	80%
Answer» D. 80%

Discussion

423.	An article is sold for Rs. 2070 at a 15% profit. If the article is sold for Rs. 1890, then what will be the gain/loss percent?
A.	5% gain
B.	10% loss
C.	10% gain
D.	5% loss
Answer» B. 10% loss

Discussion

424.	A dealer allows his customers a discount of 25% and still gains 25%. If an article costs ₹1600 to the dealer, then its marked price (nearest to one rupee) is:
A.	₹2000
B.	₹2050
C.	₹2667
D.	₹2600
Answer» D. ₹2600

Discussion

425.	A shopkeeper sells 1 pen for Rs. 10 on which he earns 100% profit. How many pens he should sell to gain profit of Rs. 650 ?
A.	65
B.	130
C.	260
D.	650
Answer» C. 260

Discussion

426.	A shopkeeper marks his goods 10% above the cost price, He sells 40% of goods at the marked price and the remaining at a discount of 20%. What is his profit or loss on the whole?
A.	Loss 3.2%
B.	Profit 3.2%
C.	Profit 3.4%
D.	Loss 3.4 %
Answer» B. Profit 3.2%

Discussion

427.	A sold his pen at a profit of Rs. 13. He calculated the profit percentage on selling price and found it to be 20%. The cost price (in Rs) of the pen is:
A.	39
B.	65
C.	52
D.	13
Answer» D. 13

Discussion

428.	A single discount equivalent to three successive discounts of 6%, 15% and 14% is:
A.	34.357%
B.	17.5%
C.	68.714%
D.	31.286%
Answer» E.

Discussion

429.	A shopkeeper marked an article at 20 % more than the price he paid for it. If he allows a discount of 20% on the marked price while selling it, what would be his profit or loss per cent?
A.	No profit no loss
B.	Profit 4%
C.	Loss 4%
D.	Percent of profit or loss cannot be calculated
Answer» D. Percent of profit or loss cannot be calculated

Discussion

430.	A girl buys 4 chocolate for Rs. 3 and sells them at 5 chocolates for Rs. 4. How much percentage loss or gain does she make?
A.	Gain \(6 \frac{2}{3}\)%
B.	Loss \(6 \frac{2}{3}\)%
C.	Loss 2%
D.	Gain 2%
Answer» B. Loss \(6 \frac{2}{3}\)%

Discussion

431.	A shopkeeper marks his goods at 25% above the cost price. He sells three-fourth of the goods at the marked price and the remaining at 40% discount on the marked price. His gain/loss percent is:
A.	Gain 10.5%
B.	Loss, 12.5%
C.	Gain 12.5%
D.	Loss, 8.75%
Answer» D. Loss, 8.75%

Discussion

432.	A dealer buys an article at a discount of 20% on its list price and marks it at 25% above the list price. If he allows a 20% discount on the new list price, then his profit percent is:
A.	20%
B.	24%
C.	25%
D.	27%
Answer» D. 27%

Discussion

433.	If a shopkeeper hikes the purchasing value of an item by 42% and holds a price of 42% on its sale, then know the total percentage gain or loss it will have?
A.	Profit of 16.64%
B.	Loss of 16.64%
C.	Loss of 17.64%
D.	17.64% profit
Answer» D. 17.64% profit

Discussion

434.	A shopkeeper purchased a chair marked at Rs. 750 at two successive discounts of 20% and 10% respectively. If he spent Rs 60 on transportation and sold the chair for Rs. 700, then his gain percentage is
A.	25%
B.	\(15\frac{1}{3}\)%
C.	20%
D.	\(16\frac{2}{3}\)%
Answer» E.

Discussion

435.	On selling an item for 440 rupees, loss is 60% of the profit received on selling the same item in 1000 rupees. Know the purchase price of that item? (In rupees)
A.	650
B.	680
C.	660
D.	670
Answer» B. 680

Discussion

436.	A trader allows a discount of 8% on marked price. If the selling price is Rs. 667, the discount in rupees is∶
A.	Rs. 47
B.	Rs. 54
C.	Rs. 58
D.	Rs. 43
Answer» D. Rs. 43

Discussion

437.	A person sold a bag for Rs. 200 at a loss of 20% on the initial price. What was the cost price of the bag?
A.	Rs. 350
B.	Rs. 200
C.	Rs. 150
D.	Rs. 250
Answer» E.

Discussion

438.	Mr. A starts a business with an investment of Rs. 28,000. Mr. B joins the business after 5 months. After 2 more months Mr. C joins. If the ratio of their profit after one year is 4 : 2 : 3, then find out the investments made by Mr. B and Mr. C in rupees?
A.	Rs. 20,000, Rs. 30,000
B.	Rs. 50,000, Rs. 20,000
C.	Rs. 12,000, Rs. 25,200
D.	Rs. 24000, Rs. 50,400
Answer» E.

Discussion

439.	A fruit vendor bought bananas @ Rs. 5 for 6 and sold 4 bananas for Rs. 3. What is his percentage of profit or loss?
A.	10% loss
B.	10% profit
C.	8% loss
D.	8% profit
Answer» B. 10% profit

Discussion

440.	A trader buys 800 kg of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs/kg) should he sell the rest to earn 30% profit?
A.	9
B.	13
C.	10
D.	12
Answer» C. 10

Discussion

441.	An article was bought for Rs. 400 and a repairing charge of Rs. 50 was paid on it. It is sold at a profit of 20%, after a discount of 10% on its marked price. The marked price is:
A.	Rs. 540
B.	Rs. 640
C.	Rs. 580
D.	Rs. 600
Answer» E.

Discussion

442.	P sells an article to Q at a loss of 5% and Q sells that article to R at a loss of 20%. If R pays ₹ 2812 for the article, then what was the cost price for P?
A.	₹3750
B.	₹3700
C.	₹3515
D.	₹3250
Answer» C. ₹3515

Discussion

443.	A gain of 12% is got by selling an article for Rs. 3360. What should be the selling price, if the profit aimed is only 8%?
A.	Rs. 3020
B.	Rs. 3240
C.	Rs. 3040
D.	Rs. 3200
Answer» C. Rs. 3040

Discussion

444.	After giving 20% discount on an article a shopkeeper earns 30% profit. Marked price is what percent of cost price?
A.	137.5%
B.	162.5%
C.	122.5%
D.	150%
Answer» C. 122.5%

Discussion

445.	A person A starts a business with an investment of Rs. 1,00,000. After two months B joins with him with an investment of Rs. 1,20,000. After eight months C joins team with some investment. If the profit at the end of the year is shared equally, then the investment (in rupees) made by C is:
A.	5,00,000
B.	4,00,000
C.	4,50,000
D.	3,00,000
Answer» E.

Discussion

446.	Mr. Kapur purchased two toy cycles for Rs 750 each. He sold these cycles, gaining 6% on one and losing 4% on the other. The gain or loss percent in the whole transaction is
A.	1% loss
B.	1% gain
C.	1.5% loss
D.	1.5 gain
Answer» C. 1.5% loss

Discussion

447.	A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.
A.	13.35%
B.	12.50%
C.	14.28%
D.	15.08%
Answer» D. 15.08%

Discussion

448.	An article was sold at a loss of 12%. If it was sold for Rs. 630 more, then there would have been a gain of 6%. Find the cost price of the article.
A.	Rs. 3,500
B.	Rs. 2,800
C.	Rs. 2,500
D.	Rs. 3,000
Answer» B. Rs. 2,800

Discussion

449.	Given below are two statements:Statement I: If an article is sold at a gain of 19%, then selling price is 109% of cost price.Statement II: If an article is sold at a loss of 9%, then selling price is 109% of cost price.In the light of the above statements, choose the most appropriate answer from the options given below:
A.	Both Statement I and Statement II are correct
B.	Both Statement I and Statement II are incorrect
C.	Statement I is correct but Statement II is incorrect
D.	Statement I is incorrect but Statement II is correct
Answer» C. Statement I is correct but Statement II is incorrect

Discussion

450.	On selling 17 balls at Rs. 840, there is a loss equal to the cost price of 5 balls. The cost price (in Rs.) of a ball is:
A.	65
B.	80
C.	75
D.	70
Answer» E.

Discussion

Explore topic-wise MCQs in Arithmetic Ability.

An article is sold for Rs. 360 after allowing discount of 20% on its marked price. Had the discount not been allowed, the profit would have been 50%. The cost price of the article is:

A shopkeeper brought some wheat for Rs. 35,000. Due to a leakage in the storeroom, one-seventh of the total wheat had become mouldy. If he sold the good wheat at a profit of 10% and the mouldy one at a loss of 25%, what is his profit or loss?

A milkman bought 60 litres of milk at Rs. 30 per litre. For every four litres of milk he added one litre of water and sold the entire mixture at Rs. 32 per litre. Find his profit percentage.

An article was sold for Rs. 98,496 after providing three successive discounts of 10%, 5% and 4% respectively on the marked price. What was the marked price?

A bought an article for Rs. 5,400 and sold it at a loss of 30%. With this amount, he bought another article and sold it at a gain of 60%. What was his overall percentage gain or percentage loss?

A shopkeeper was selling all his items at 20% discount. During off season, he offered 25% discount over and above the existing discount. If Rohit had bought a pullover which was marked Rs. 1200, then how much did he pay for it?

If the cost price of 10 shirts is equal to the selling price of 08 shirts, then which of the following is true for the transaction?

A shopkeeper marks his good at a price such that after giving a discount of 25%, the gains 20% If the marked price of the article is Rs. 736, what is the cost price of the article?

In what ratio must a grocer mix two varieties of pulse costing Rs. 25/kg and Rs. 30/kg, respectively, so as to get a mixture worth Rs. 27/kg?

Mohan earns a profit of 20% on selling a jeans at 15% discount on printed price. The ratio of the cost price to printed price of the jean is

If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% of the list price?

A, B and C start a business and the ratio of their investment is 8 : 5 : 3. If at the end the ratio of their profits is 4 : 15 : 6, then what is the ratio of time period of their investment?

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?

P, Q and R invest sum in the ratio of 7 : 4 : 9 respectively. If they earned total profit of Rs. 6680 at the end of year, then what is the total share of P and Q together?

After giving a discount of 20% there is a profit of 20%. If 5% discount is given, then what will be the profit percentage?

If the cost price of 20 articles is 5 times of the selling price of 4 articles, then what is the profit or loss percentage?

A shopkeeper buys 180 pens at a rate of Rs. 120 per pen and he spent Rs. 2160 in transportation and packaging. He set the mark price of each pen at Rs. 150 and gave 4% dicount on each pen. Find the overall percentage gain.

Ram buys 70 articles for ₹ 890 and sold 60 articles for ₹ 890. What is his gain percent?

A fruit vendor sells two boxes of mango at the rate of Rs. 750 each. He earns 25% profit on one box and suffers a loss of 25% on another box. In this business what is his loss or profit percent?

A shopkeeper buys a book for Rs. 2,500 and marks its price at 15% above cost. He allows a discount of Rs. 345. The discount percentage is∶

A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg more for Rs.100. The reduced price of salt per kg is -

Ram Naresh got two successive discounts, a bag with a list price of Rs. 400 is available at Rs. 160. If the second discount is 20%. Find the first discount?

An article is sold for Rs. 2070 at a 15% profit. If the article is sold for Rs. 1890, then what will be the gain/loss percent?

A dealer allows his customers a discount of 25% and still gains 25%. If an article costs ₹1600 to the dealer, then its marked price (nearest to one rupee) is:

A shopkeeper sells 1 pen for Rs. 10 on which he earns 100% profit. How many pens he should sell to gain profit of Rs. 650 ?

A shopkeeper marks his goods 10% above the cost price, He sells 40% of goods at the marked price and the remaining at a discount of 20%. What is his profit or loss on the whole?

A sold his pen at a profit of Rs. 13. He calculated the profit percentage on selling price and found it to be 20%. The cost price (in Rs) of the pen is:

A single discount equivalent to three successive discounts of 6%, 15% and 14% is:

A shopkeeper marked an article at 20 % more than the price he paid for it. If he allows a discount of 20% on the marked price while selling it, what would be his profit or loss per cent?

A girl buys 4 chocolate for Rs. 3 and sells them at 5 chocolates for Rs. 4. How much percentage loss or gain does she make?

A shopkeeper marks his goods at 25% above the cost price. He sells three-fourth of the goods at the marked price and the remaining at 40% discount on the marked price. His gain/loss percent is:

A dealer buys an article at a discount of 20% on its list price and marks it at 25% above the list price. If he allows a 20% discount on the new list price, then his profit percent is:

If a shopkeeper hikes the purchasing value of an item by 42% and holds a price of 42% on its sale, then know the total percentage gain or loss it will have?

A shopkeeper purchased a chair marked at Rs. 750 at two successive discounts of 20% and 10% respectively. If he spent Rs 60 on transportation and sold the chair for Rs. 700, then his gain percentage is

On selling an item for 440 rupees, loss is 60% of the profit received on selling the same item in 1000 rupees. Know the purchase price of that item? (In rupees)

A trader allows a discount of 8% on marked price. If the selling price is Rs. 667, the discount in rupees is∶

A person sold a bag for Rs. 200 at a loss of 20% on the initial price. What was the cost price of the bag?

Mr. A starts a business with an investment of Rs. 28,000. Mr. B joins the business after 5 months. After 2 more months Mr. C joins. If the ratio of their profit after one year is 4 : 2 : 3, then find out the investments made by Mr. B and Mr. C in rupees?

A fruit vendor bought bananas @ Rs. 5 for 6 and sold 4 bananas for Rs. 3. What is his percentage of profit or loss?

A trader buys 800 kg of tomatoes for Rs 7200. 10% tomatoes are damaged in transportation. At what rate (Rs/kg) should he sell the rest to earn 30% profit?

An article was bought for Rs. 400 and a repairing charge of Rs. 50 was paid on it. It is sold at a profit of 20%, after a discount of 10% on its marked price. The marked price is:

P sells an article to Q at a loss of 5% and Q sells that article to R at a loss of 20%. If R pays ₹ 2812 for the article, then what was the cost price for P?

A gain of 12% is got by selling an article for Rs. 3360. What should be the selling price, if the profit aimed is only 8%?

After giving 20% discount on an article a shopkeeper earns 30% profit. Marked price is what percent of cost price?

A person A starts a business with an investment of Rs. 1,00,000. After two months B joins with him with an investment of Rs. 1,20,000. After eight months C joins team with some investment. If the profit at the end of the year is shared equally, then the investment (in rupees) made by C is:

Mr. Kapur purchased two toy cycles for Rs 750 each. He sold these cycles, gaining 6% on one and losing 4% on the other. The gain or loss percent in the whole transaction is

A shopkeeper sells 200 shirts and makes a profit equal to the selling price of 25 shirts. Find his profit percentage.

An article was sold at a loss of 12%. If it was sold for Rs. 630 more, then there would have been a gain of 6%. Find the cost price of the article.

On selling 17 balls at Rs. 840, there is a loss equal to the cost price of 5 balls. The cost price (in Rs.) of a ball is: