Profit & Loss Mcqs

1.

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

Answer & Solution Discuss in Board

2.

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

A. 10%

B. 8%

C. 5%

D. 6%

Answer & Solution Discuss in Board

3.

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:

A. Rs. 697.50

B. Rs. 712.50

C. Rs. 787.50

D. None of these

Answer & Solution Discuss in Board

4.

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

Answer & Solution Discuss in Board

5.

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

Answer & Solution Discuss in Board

6.

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

A. 15%

B. 12%

C. 17 11/17%

D. 20 %

Answer & Solution Discuss in Board

7.

Kabir buys an article with 25% discount on its marked price. He makes a profit of 10 % by selling it at Rs. 660. The marked price is :

A. Rs. 600

B. Rs. 700

C. Rs. 800

D. Rs. 685

Answer & Solution Discuss in Board

8.

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:

A. Rs. 80000

B. Rs. 100000

C. Rs. 140000

D. Rs. 120000

Answer & Solution Discuss in Board

9.

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%

Answer & Solution Discuss in Board

10.

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%?

A. Rs. 7.50 per kg

B. Rs. 8.20 per kg

C. Rs. 8.85 per kg

D. Rs. 9 per kg

Answer & Solution Discuss in Board

Practice MCQ Questions and answers on Profit & Loss Mcqs

1. 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

Answer & Solution

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

Answer & Solution

3. 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:

Answer & Solution

4. 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:

Answer & Solution

5. 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:

Answer & Solution

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

Answer & Solution

7. Kabir buys an article with 25% discount on its marked price. He makes a profit of 10 % by selling it at Rs. 660. The marked price is :

Answer & Solution

8. 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:

Answer & Solution

9. A discount series of 10%, 20% and 40% is equal to a single discount of:_________?

Answer & Solution

10. 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%?

Answer & Solution

Read More Section(Mathematics Quizzes)

1.

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

2.

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

3.

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:

4.

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:

5.

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:

6.

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

7.

Kabir buys an article with 25% discount on its marked price. He makes a profit of 10 % by selling it at Rs. 660. The marked price is :

8.

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:

9.

A discount series of 10%, 20% and 40% is equal to a single discount of:_________?

10.

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%?