MCQ Profit and Loss for Competitive Exam – Quantitative AptitudeProfit and Loss MCQ 1. A man buys a watch for Rs. 1200 and sells it at a loss of 10%. What is the selling price?Rs. 1180Rs. 1080Rs. 1240Rs. 1220Question 1 of 202. A shopkeeper sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs. 90 less, he would have gained 40%. What is the cost price of the article?Rs. 360Rs. 240Rs. 400Rs. 300Question 2 of 203. By selling an article for Rs. 600, a man gains 20%. What is the cost price of the article?Rs. 550Rs. 480Rs. 600Rs. 500Question 3 of 204. A shopkeeper buys a watch for Rs. 600 and sells it for Rs. 750. What is the profit percentage?25%10%30%20%Question 4 of 205. If the cost price of 15 pens is Rs. 300 and the selling price is Rs. 450, what is the profit percentage?40%20%50%30%Question 5 of 206. A man sells a bike at a loss of 10%. If the selling price is Rs. 22,500, what is the cost price of the bike?Rs. 24,000Rs. 20,000Rs. 22,000Rs. 25,000Question 6 of 207. A shopkeeper sells a shirt for Rs. 720, making a profit of 20%. What is the cost price of the shirt?Rs. 600Rs. 540Rs. 800Rs. 700Question 7 of 208. A trader sells a bicycle for Rs. 2250, making a profit of 12.5%. What is the cost price of the bicycle?Rs. 2100Rs. 1900Rs. 2200Rs. 2000Question 8 of 209. A trader marks his goods at 40% above the cost price and allows a discount of 25% on the marked price. What is his percentage profit?5%12%25%20%Question 9 of 2010. A trader sold two goods at Rs. 280 each. On one, he gains 12% and on the other, he loses 12%. What is his overall profit or loss percentage?2.88% Profit1.44% Profit2.88% Loss1.44% LossQuestion 10 of 2011. A shopkeeper sells an article for Rs. 450 at a profit of 12%. What is the cost price of the article?Rs. 402.50Rs. 400Rs. 403.45Rs. 401.79Question 11 of 2012. If the cost price of an item is Rs. 600 and it is sold at a loss of 20%, what is the selling price?Rs. 520Rs. 460Rs. 540Rs. 480Question 12 of 2013. A trader marked the price of an article 20% above the cost price. If he allows a discount of 10% on the marked price, find his gain percent.10%6%12%8%Question 13 of 2014. A person sells two chairs for Rs. 3600 each. On one, he gains 20% and on the other, he loses 20%. Find his overall gain/loss.4% loss4% gain16% lossNo gain, no lossQuestion 14 of 2015. A fruit seller bought 40 kg of apples at Rs. 50 per kg. He sold 25 kg of them at a profit of 20%. At what rate per kg must he sell the remaining apples to make a profit of 25% on the whole?Rs. 75Rs. 70Rs. 85Rs. 80Question 15 of 2016. A man sold two bikes for Rs. 12,000 each. On one, he gains 20% and on the other, he loses 20%. Find his overall gain/loss.4% loss4% gain16% lossNo gain, no lossQuestion 16 of 2017. A person buys a watch for Rs. 400 and sells it at a gain of 25%. At what price did he sell the watch?Rs. 525Rs. 475Rs. 550Rs. 500Question 17 of 2018. A shopkeeper marks his goods 40% above the cost price and allows a discount of 10% on it. Find his gain percent.30%26%40%35%Question 18 of 2019. A shopkeeper sold a T-shirt for Rs. 960 and made a profit of 20%. What was the cost price of the T-shirt?Rs. 950Rs. 800Rs. 1000Rs. 900Question 19 of 2020. A man buys a shirt for Rs. 800 and sells it for Rs. 960. Find the profit percentage.22.5%16.67%25%20%Question 20 of 20 Loading...
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