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Profit and Loss
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Let's practice 30 mcqs on
Profit and Loss
mcqs by everyone
A guy walks into a store and steals Rs. 100 from the store without the owner'sknowledge.
He then buys Rs. 60 worth of goods using that Rs. 100 and the owner gies Rs. 40 in change How much money did the owner lose
Rs. 200
Rs. 100
Rs. 40
Rs. 160
A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on thenext.
Find his total gain or loss
9% loss
400
4000
324
Mr. X sold two properties P1 and P2 for Rs 1,00,000each.
He sold property P1 for 20% less than what he paid for it. What is the percentage of profit of property P2, so that he is not in gain or loss on the sale of two properties
29.97%
33.33%
25%
22.22%
The owner of a furniture shop charges his customer 24% more than the costprice.
If a customer paid Rs. 8339 for a computer table, then what was the cost price of the computer table
NONE OF THESE
Rs. 6275
Rs. 5275
Rs. 5725
Rs. 6725
The sale price sarees listed for Rs.400 after successive discount is 10% and 5% is
Rs.357
Rs.338
Rs.342
Rs.340
By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%
16
8
9
12
Mohit sold an article for Rs.18000.
Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article
Rs. 15000
NONE OF THESE
Rs. 15900
Rs. 16200
Rs. 14700
By selling an article at Rs.600, a profit of 25% ismade.
Find its cost price
Rs.350
Rs.573
Rs.400
Rs.480
The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs.1280.
At what price should the article be sold to make 25% profit
Rs. 2000
Rs. 2400
Rs. 2200
NONE OF THESE
By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%
5
10
8
15
Jimmy bought paper sheets for Rs. 7200 and spent Rs. 200 ontransport.
Paying Rs 600 he had 330 boxesmade.
Which he said at Rs. 28each.
What is his profit Percentage
40
60
15.5
NONE OF THESE
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
Rs.40000
Rs.42000
Rs.38000
Rs.38750
If watches bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs.425.
What is the greatest possible profit that might be made in selling nine watches
Rs. 2025
Rs. 2000
Rs. 1800
Rs. 1750
A shopkeeper loses 15%,if an article is sold for Rs.102.
What should be the selling price of the article to gain 20%
Rs. 132
Rs. 138
Rs. 144
Rs. 150
NONE OF THESE
The price of a VCR is marked at Rs. 12,000.
If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it
NONE OF THESE
Rs. 8400
Rs. 8856
Rs. 8721
If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole is
1.44% loss
0%
NONE OF THESE
14.4% profit
14.4% loss
Ram 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
11 2/9%
11%
10%
11 1/9%
What is the cost of an article which is sold at a loss of 25% for Rs. 150
Rs.125
Rs. 225
Rs. 200
Rs 175
A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling thegoods.
What percent does he gain on his outlay
45%
20%
44%
48%
The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profitdoubles.
If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price
Rs. 460
Rs. 420
Rs. 380
Rs. 440
A person purchased a TV set for Rs. 16000 and a DVD player for Rs.6250.
He sold both the items together for Rs.31150.
What percentage of profit did he make
NONE OF THESE
45%
30%
40%
35%
A shopkeeper who deals in books sold a book at 16%loss.
Had she charged an additional Rs.60 while selling it , her profit would have been 14%. Find the cost price, in rupees, of the book
Rs. 185
Rs. 200
Rs. 177
Rs. 154
If I purchased 11 books for Rs. 10 and sold all the books at the rate of 10 books for Rs. 11, the profit per cent is
21%
10%
100%
11%
A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered
Data Inadequate
24.5
30
28.5
NONE OF THESE
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%
Rs. 22,500
Rs. 25,800
Rs. 25,300
Rs. 21,000
A horse and a cow were sold for Rs. 12000each.
The horse was sold at a loss of 20 % and the cow at a gain of 20 %. The entire transaction resulted in
Loss of Rs. 1000
No loss or gain
Gain of Rs. 1000
Gain of Rs. 2000
The market price of an article was 40% more than its costprice.
Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the costprice.
What was the approximate profit/loss to Rana
Profit of 22.5%
Loss of 24.5%
Profit of 12.5%
Loss of 12.5%
A man saves 20% of his monthlysalary.
If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 permonth.
What is his monthly salary
Rs. 6000
Rs. 6500
Rs. 4500
Rs. 5000
The price of an article has been reduced by 35%. In order to restore the original price the new price must be increased by
47.2 %
51.8 %
49.25 %
53.84 %
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%
Rs.450
Rs.600
Rs.500
Rs.480
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