Profit and Loss Problems (MCQs)


Read Also- Profit And Loss Important Formulas

6. A fruit seller purchases oranges at the rate of 3 for Rs.5 and sells them at 2 for Rs. 4. His profit is –

(a) 10%

(b) 11%

(c) 20%

(d) 25%

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Correct Answer is (c)

7. A dealer professing to sell his goods at C.P., uses a 900 gm weight for a kg. His gain percent is?

(a) 9%

(b) 10%

(c) 11%

(d) 100/9%

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Correct Answer is (d)

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8. A man buys eggs at 2 for Rs. 1. and an equal number at 3 for Rs. 2 and sells the whole at 5 for Rs. 3. His gain or loss percent is?

(a) 2(2/7) % loss

(b) 3(6/7)% gain

(c) 3(2/7) % loss

(d) 2(6/7)% gain

Click for Answer/Explanation

Correct Answer is (d) 

9. A sells a bicycle to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs. 1500, What did A pay for it?

(a) Rs. 825

(b) Rs. 1000

(c) Rs. 1100

(d) Rs. 1125

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Correct Answer is (b)

10. Two mixers and a T.V. costs Rs. 7000, while 2 T.Vs and a mixer cost Rs. 9800. The value of one T.V. is?

(a) Rs.2800
(b) Rs.2100
(c) Rs.4200
(d) Rs.8400

Click for Answer/Explanation

Correct Answer is (c)

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