A. Rs. 600
B. Rs. 700
C. Rs. 800
D. Rs. 685
✅ The correct answer is option C. Rs. 800.
Profit and Loss Mcqs MCQs
A retailer buys a sewing machine at a discount of 15% and sells it for Rs. 1955. Thus, he makes a profit of 15%. The discount is:
A. Rs. 270
B. Rs. 290
C. Rs. 300
D. None of these
✅ The correct answer is option C. Rs. 300.
The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price, in this kind of sale the seller
A. Bears no loss no gain
B. gains
C. loses 1%
D. None of these
✅ The correct answer is option C. loses 1%.
A Shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed. The ratio of the cost price and the printed price of the book is:
A. 45:56
B. 50:61
C. 99:125
D. None of these
✅ The correct answer is option A. 45:56.
A discount series of 10%, 20% and 40% is equal to a single discount of:_________?
A. 50%
B. 56.8%
C. 60%
D. 70.28%
✅ The correct answer is option B. 56.8%.