AllInfoHub – MCQ Practice

Profit and Loss – Multiple Choice Questions (MCQs)

1. A shopkeeper bought a table for ? 500 and sold it for ? 600. His profit percentage is:
- A. 10%
- B. 15%
- C. 20%
- D. 25%
2. A fruit seller buys oranges at ? 10 per dozen and sells them at ? 1 per orange. His profit percentage is:
- A. 10%
- B. 15%
- C. 20%
- D. 25%
3. By selling a chair for ? 720, a man makes a profit of 20%. What was the cost price of the chair?
- A. ? 576
- B. ? 600
- C. ? 660
- D. ? 864
4. A shopkeeper sells an article at a loss of 10%. If the selling price is ? 180, what is the cost price?
- A. ? 162
- B. ? 198
- C. ? 200
- D. ? 220
5. The cost price of 20 books is equal to the selling price of 25 books. The loss percentage is:
- A. 5%
- B. 10%
- C. 20%
- D. 25%
6. A man buys a cycle for ? 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
- A. ? 1190
- B. ? 1200
- C. ? 1300
- D. ? 1610
7. If the selling price of an article is 5/4 of its cost price, the profit percentage is:
- A. 10%
- B. 20%
- C. 25%
- D. 30%
8. By selling a fan for ? 640, a man incurs a loss of 20%. What was the cost price of the fan?
- A. ? 512
- B. ? 768
- C. ? 800
- D. ? 840
9. A shopkeeper marks his goods 20% above the cost price and then allows a discount of 10%. His profit percentage is:
- A. 8%
- B. 10%
- C. 12%
- D. 15%
10. The ratio of the cost price and selling price of an article is 5:6. The profit percentage is:
- A. 10%
- B. 15%
- C. 20%
- D. 25%
11. A trader sold an article at a profit of 20%. If the cost price had been 20% less and the selling price had been ? 10 less, the profit would have been 25%. What was the cost price?
- A. ? 40
- B. ? 50
- C. ? 60
- D. ? 70
12. A man sold two articles at ? 99 each. On one, he gained 10% and on the other, he lost 10%. His overall transaction resulted in:
- A. No profit
- B. No loss
- C. 1% profit
- D. 1% loss

1 2 3 4 5 Next »

Profit and Loss – Multiple Choice Questions (MCQs)

1. A shopkeeper bought a table for ? 500 and sold it for ? 600. His profit percentage is:

2. A fruit seller buys oranges at ? 10 per dozen and sells them at ? 1 per orange. His profit percentage is:

3. By selling a chair for ? 720, a man makes a profit of 20%. What was the cost price of the chair?

4. A shopkeeper sells an article at a loss of 10%. If the selling price is ? 180, what is the cost price?

5. The cost price of 20 books is equal to the selling price of 25 books. The loss percentage is:

6. A man buys a cycle for ? 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

7. If the selling price of an article is 5/4 of its cost price, the profit percentage is:

8. By selling a fan for ? 640, a man incurs a loss of 20%. What was the cost price of the fan?

9. A shopkeeper marks his goods 20% above the cost price and then allows a discount of 10%. His profit percentage is:

10. The ratio of the cost price and selling price of an article is 5:6. The profit percentage is:

11. A trader sold an article at a profit of 20%. If the cost price had been 20% less and the selling price had been ? 10 less, the profit would have been 25%. What was the cost price?

12. A man sold two articles at ? 99 each. On one, he gained 10% and on the other, he lost 10%. His overall transaction resulted in:

Quick Links