Profit and Loss Problems (MCQs)

0
43

Read Also- Profit And Loss Important Formulas

1. If by selling an article for Rs. 100 a man gains Rs. 15, then his gain percent is?

(a) 15%

(b) 38/3%

(c) 17(11/17)%

(d) 17(1/4)%

Click for Answer/Explanation

Correct Answer is (c)

2. When A commodity is sold for Rs. 34.80, there is a loss of 25%. What is the cost price of the commodity?

(a) Rs. 46.40

(b) Rs. 26.10

(c) Rs. 43

(d) Rs. 43.20

Click for Answer/Explanation

Correct Answer is (a)

3. If the S.P. of an article for is 4/3 times its C.P., then the profit percent is?

(a) 33(1/3)%

(b) 101/4%

(c) 41/2%

(d) 83/4%

Click for Answer/Explanation

Correct Answer is (a)

4. By selling an article for Rs.19.50, a dealer makes a profit of 30%. By how much should he increase his S.P. to make a profit of 40 %?

(a) Rs. 1.50

(b) Rs. 1.75

(c) Rs. 2

(d) Rs. 3

Click for Answer/Explanation

Correct Answer is (a)

5. The OP. of 20 articles is the same as S.P. of 15 articles. The profit percent is-

(a) 25%

(b) 30%

(c) 33(1/3)%

(d) 50%

Click for Answer/Explanation

Correct Answer is (c)