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MCQ Profit and Loss for Competitive Exam – Quantitative Aptitude

Profit 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?

Question 1 of 20

2. 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?

Question 2 of 20

3. By selling an article for Rs. 600, a man gains 20%. What is the cost price of the article?

Question 3 of 20

4. A shopkeeper buys a watch for Rs. 600 and sells it for Rs. 750. What is the profit percentage?

Question 4 of 20

5. If the cost price of 15 pens is Rs. 300 and the selling price is Rs. 450, what is the profit percentage?

Question 5 of 20

6. 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?

Question 6 of 20

7. A shopkeeper sells a shirt for Rs. 720, making a profit of 20%. What is the cost price of the shirt?

Question 7 of 20

8. A trader sells a bicycle for Rs. 2250, making a profit of 12.5%. What is the cost price of the bicycle?

Question 8 of 20

9. 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?

Question 9 of 20

10. 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?

Question 10 of 20

11. A shopkeeper sells an article for Rs. 450 at a profit of 12%. What is the cost price of the article?

Question 11 of 20

12. If the cost price of an item is Rs. 600 and it is sold at a loss of 20%, what is the selling price?

Question 12 of 20

13. 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.

Question 13 of 20

14. 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.

Question 14 of 20

15. 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?

Question 15 of 20

16. 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.

Question 16 of 20

17. A person buys a watch for Rs. 400 and sells it at a gain of 25%. At what price did he sell the watch?

Question 17 of 20

18. A shopkeeper marks his goods 40% above the cost price and allows a discount of 10% on it. Find his gain percent.

Question 18 of 20

19. A shopkeeper sold a T-shirt for Rs. 960 and made a profit of 20%. What was the cost price of the T-shirt?

Question 19 of 20

20. A man buys a shirt for Rs. 800 and sells it for Rs. 960. Find the profit percentage.

Question 20 of 20


 

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