Profit and Loss MCQ

Test your knowledge with important Profit and Loss MCQ and their applications. These MCQs are beneficial for competitive exams too. Explore 30+ more Profit and Loss MCQs on Bissoy. Bissoy App

• A dishonest dealer defrauds to the extent of x% in buying as well as selling is goods by using faulty weight. What will be the gain percent on his outlay?
  ক

  $$2x\% $$

  খ

  $$\left( {\frac{{10}}{x} + {x^2}} \right)\% $$

  গ

  $$\left( {2x + \frac{{{x^2}}}{{100}}} \right)\% $$

  ঘ

  $$\left( {x + \frac{{{x^2}}}{{100}}} \right)\% $$
• A stockist wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit ?
  ক

  Sell sugar 10% profit

  খ

  Use 900 g of weight instead of 1 kg

  গ

  Mix 10% impurities in sugar and sell sugar at cost price

  ঘ

  Increase the price by 5% and reduce the weight by 5%
• A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
  ক

  Rs. 1090

  খ

  Rs. 1160

  গ

  Rs. 1190

  ঘ

  Rs. 1202
• A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
  ক

  4

  খ

  7

  গ

  5

  ঘ

  6
• When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
  ক

  Rs. 21,000

  খ

  Rs. 22,500

  গ

  Rs. 25,300

  ঘ

  Rs. 25,800

  ঙ

  None of these
• A shopkeeper allows a discount of 20% to his customers and still gains 25%. Find the Marked price of an article which costs Rs.600 to the shopkeeper.
  ক

  Rs.937.50

  খ

  Rs.937

  গ

  Rs.930

  ঘ

  Rs.1000
• If 60% of total articles are sold at a loss of 50% and remaining articles are sold at a profit of 50%, then what will be the overall loss percentage?
  ক

  20

  খ

  15

  গ

  25

  ঘ

  10
• An article was sold for Rs. 2100 at a profit of 25%. What is its cost price?
  ক

  Rs. 1620

  খ

  Rs. 1640

  গ

  Rs. 1660

  ঘ

  Rs. 1680
• A shopkeeper purchased some eggs at rs. 19.20 per dozen and sold them at a profit of 25%. What is the selling price per egg?
  ক

  Rs. 2.20

  খ

  Rs. 1.60

  গ

  Rs. 2.00

  ঘ

  Rs. 1.80
• The selling price of an item inclusive of a 16% profit was Rs. 435. What would be the percentage loss if the item was sold for Rs. 330?
  ক

  13

  খ

  12

  গ

  12.5

  ঘ

  12.25
• The ratio of the cost price and selling price of an article is 5 : 3. What is the loss percentage?
  ক

  40

  খ

  20

  গ

  66.66

  ঘ

  33.33
• By selling an item for Rs. 696 Unnati incurred a loss of 13%. By how much should she have raised the price to gain a profit of 10%?
  ক

  Rs. 160.08

  খ

  Rs. 104

  গ

  Rs. 84

  ঘ

  Rs. 184
• When Vijay sells 12 pens, he gains the selling price of 2 pens. Calculate his % profit?
  ক

  15%

  খ

  20%

  গ

  18%

  ঘ

  12%
• The marked price of an article is Rs 1200 and retailer gets a discount of 25%. If he sells that article for Rs 1200, then what is the profit percentage of retailer?
  ক

  33.33

  খ

  25

  গ

  37.5

  ঘ

  16.66
• Dipali bought a set of cups for Rs. 375, but then had to sell it later to clear old stocks for Rs. 345. What is the percentage of loss that she incurred?
  ক

  14

  খ

  7

  গ

  16

  ঘ

  8
• If 70% of total articles are sold at a profit of 20% and remaining articles are sold at a loss of 20%, then what will be the overall profit percentage?
  ক

  8

  খ

  12

  গ

  16

  ঘ

  6
• The ratio of the cost price and selling price of a bulb is 15 : 18. What is the profit percentage?
  ক

  16.66

  খ

  14.28

  গ

  20

  ঘ

  22
• Abhishek marks the price of his laptop 60% above the cost price. If he gives a discount of 30% on the marked price, then what is the profit percentage?
  ক

  30

  খ

  12

  গ

  15

  ঘ

  14
• On selling 30 caps, a shopkeeper earns profit equal to the selling price of 3 caps. What is the profit percentage?
  ক

  12.5

  খ

  11.11

  গ

  10

  ঘ

  14.28
• A merchant marks the price of his articles 30% above the cost price. He gives some discount on it and earns a profit of 13.75%. What is the discount percentage?
  ক

  12.5

  খ

  13.75

  গ

  16.25

  ঘ

  10.25
• On selling 25 shirts, a retailer earns profit equal to the cost price of 8 shirts. What is the profit percentage?
  ক

  47.05

  খ

  32

  গ

  25

  ঘ

  34.5
• A merchant marks the price of his articles 20% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?
  ক

  2% loss

  খ

  4% profit

  গ

  4% loss

  ঘ

  No profit\/loss
• A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?
  ক

  24 : 25

  খ

  25 : 24

  গ

  29 : 27

  ঘ

  27 : 29
• The marked price of an article is 60% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his article at no profit or no loss?
  ক

  37.5

  খ

  62.5

  গ

  50

  ঘ

  25
• Mukesh sells two shirts. The cost price of the first shirt is equal to the selling price of the second shirt. The first shirt is sold at a profit of 30% and the second shirt is sold at a loss of 30%. What is the ratio of the selling price of the first shirt to the cost price of the second shirt?
  ক

  91 : 100

  খ

  100 : 91

  গ

  31 : 50

  ঘ

  50 : 31
• Selling price of a calculator is Rs 13924 and profit percentage is 18%. If selling price is Rs 10266, then what will be the loss percentage?
  ক

  17.2

  খ

  13

  গ

  14.9

  ঘ

  11
• The ratio of selling price to the cost price is 13 : 17. What is the loss percentage?
  ক

  23.52

  খ

  27.74

  গ

  18.62

  ঘ

  19.45
• On a certain item profit is 120%. If the cost price increases by 10% then what will be the new profit margin (in %) if selling price remains the same?
  ক

  50

  খ

  60

  গ

  100

  ঘ

  90
• If 60% discount is offered on the marked price and selling price becomes equal to cost price then what was the % mark up?
  ক

  100

  খ

  250

  গ

  150

  ঘ

  40
• A vendor buys 6 bananas for Rs 25 and sells them at 3 for Rs 20. What is his profit percentage?
  ক

  50

  খ

  40

  গ

  60

  ঘ

  30