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Profit and Loss Mcqs MCQs

An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount is:

September 23, 2025 by Admin
A. 15%
B. 12%
C. 17 11/17%
D. 20 %
✅ The correct answer is option A. 15%.

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While selling the watch, a shopkeeper gives a discount of 5% if he gives a discount of 7 % he earns Rs. 15 less as profit. The marked price of the watch is:

September 23, 2025 by Admin
A. Rs. 697.50
B. Rs. 712.50
C. Rs. 787.50
D. None of these
✅ The correct answer is option D. None of these.

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A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is:

September 23, 2025 by Admin
A. 10%
B. 8%
C. 5%
D. 6%
✅ The correct answer is option B. 8%.

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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?

September 23, 2025 by Admin
A. Rs.1000
B. Rs.1140
C. Rs.860
D. Rs.760
✅ The correct answer is option A. Rs.1000.

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

September 23, 2025 by Admin
A. 16 2/3%
B. 30%
C. 33 1/3%
D. 33 1/6%
✅ The correct answer is option C. 33 1/3%.

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

September 23, 2025 by Admin
A. 16 2/3%
B. 20%
C. 18%
D. 25%
✅ The correct answer is option B. 20%.

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

September 23, 2025 by Admin
A. 18%
B. 9%
C. 15%
D. 6%
✅ The correct answer is option A. 18%.

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

September 23, 2025 by Admin
A. 16 4/3%
B. 100/3%
C. 16%
D. 16 2/3%
✅ The correct answer is option D. 16 2/3%.

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At what price must kashif sell a mixture of 80 kg sugar at Rs. 6.75 per kg with 120 kg at Rs. 8 per kg to gain 20%?

September 23, 2025 by Admin
A. Rs. 7.50 per kg
B. Rs. 8.20 per kg
C. Rs. 8.85 per kg
D. Rs. 9 per kg
✅ The correct answer is option D. Rs. 9 per kg.

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The ratio of the prices of three different types of cars is 4:5:7. If the difference between the costliest and the cheapest cars is Rs. 60000 the price of the car of modest price is:

September 23, 2025 by Admin
A. Rs. 80000
B. Rs. 100000
C. Rs. 140000
D. Rs. 120000
✅ The correct answer is option B. Rs. 100000.

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