Top 50+ Solved PROFIT AND LOSS MCQ Questions Answer

Q. Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, howmany planes did he buy in 1 rupee?

a. 16

b. 40

c. 24

d. 36

Q. A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How muchprofit does he get?

a. 397/100%

b. 0.3 %

c. 0.03%

d. 300/97%

Q. Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what priceshould he sell the vase?

a. rs. 4320

b. rs. 5760

c. rs. 1440

d. rs. 3500

Q. A sold a car to B at a profit of 25%. B incurred loss of 15% while selling the same car to C.A spent Rs. 50000 for this car. At what price did C buy it?

a. rs. 62500

b. rs. 60000

c. rs. 53125

d. rs. 90000

Q. hat will be selling price, if cost price is Rs. 120 and gain is 35%?

a. rs. 135

b. rs. 85

c. rs. 155

d. rs. 162

Q. A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At theend of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary andprofit, then what is his salary?

a. rs. 2000

b. rs. 4000

c. rs. 3500

d. rs. 3000

Q. An article costs Rs. 600. What should be the marked price of an article so that after 10%discount, the trader makes 20% profit?

a. rs. 800

b. rs. 950

c. rs. 1100

d. rs. 1040

Q. A man buys 50 pens at marked price of 46 pens from a whole seller. If he sells these pensgiving a discount of 1% , what is the profit percent?

a. 5.3 %

b. 7.6 %

c. 10.6 %

d. 12 %

Q. P sells an article to Q at 10 % profit. Q sells it to R at 25 % profit. If R pays Rs. 250 for it,What did P pay for it ?

a. rs. 225

b. rs. 198..50

c. rs. 181.81

d. rs. 162.30

Q. Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?

a. rs. 20.00

b. rs. 19.50

c. rs. 15

d. rs. 17.5

Q. A trader has 200 kg of sugar, out of which he sells some with 10% profit and the rest with25% profit. He gains 15% on the whole. Find the quantity of sugar sold at 25% profit?

a. 120 kg

b. 96.5 kg

c. 84 kg

d. 67 kg

Q. Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate ofRs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture tomake 25% profit?

a. rs. 25

b. rs. 28

c. rs. 30

d. rs. 32.5

Q. At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that evenafter offering a 20% discount, he makes 25% profit?

a. rs. 2,025/-

b. rs.1,900/-

c. rs. 1,675/-

d. rs. 1,875/-

Q. Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooterfor Rs. 60000, his gain percent is:

a. 3 (4/7)

b. 11 (1/9) %

c. 12 (2/3) %

d. 12%

Q. P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs.5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?

a. rs. 8400

b. rs. 10,500

c. rs. 13,600

d. rs. 14,700

Top 50+ Solved PROFIT AND LOSS MCQ Questions Answer

From 16 to 30 of 38

Q. Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, howmany planes did he buy in 1 rupee?

Q. A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How muchprofit does he get?

Q. Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what priceshould he sell the vase?

Q. A sold a car to B at a profit of 25%. B incurred loss of 15% while selling the same car to C.A spent Rs. 50000 for this car. At what price did C buy it?

Q. hat will be selling price, if cost price is Rs. 120 and gain is 35%?

Q. A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At theend of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary andprofit, then what is his salary?

Q. An article costs Rs. 600. What should be the marked price of an article so that after 10%discount, the trader makes 20% profit?

Q. A man buys 50 pens at marked price of 46 pens from a whole seller. If he sells these pensgiving a discount of 1% , what is the profit percent?

Q. P sells an article to Q at 10 % profit. Q sells it to R at 25 % profit. If R pays Rs. 250 for it,What did P pay for it ?

Q. Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?

Q. A trader has 200 kg of sugar, out of which he sells some with 10% profit and the rest with25% profit. He gains 15% on the whole. Find the quantity of sugar sold at 25% profit?

Q. Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate ofRs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture tomake 25% profit?

Q. At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that evenafter offering a 20% discount, he makes 25% profit?

Q. Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooterfor Rs. 60000, his gain percent is:

Q. P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs.5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?

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