Profit and Loss – Multiple Choice Questions (MCQs)
-
-
14. By selling an article for ? 100, a man gains ? 20. His gain percentage is:
-
15. The selling price of an article is 4/3 of its cost price. The profit percentage is:
-
16. A merchant bought some goods at 25% discount on the list price. He sells them at 15% profit on the list price. His profit percentage is:
-
17. A shopkeeper marks his goods at such a price that after allowing a discount of 12.5%, he gains 20%. If the cost price of the article is ? 1400, what is the marked price?
-
18. A man sells an article at a profit of 25%. If he had bought it for 20% less and sold it for ? 10.50 less, he would have gained 30%. The cost price of the article is:
-
19. The profit earned by selling an article for ? 840 is equal to the loss incurred by selling the same article for ? 460. What is the cost price of the article?
-
20. A dishonest dealer sells goods at cost price but uses a weight of 900 gm for 1 kg. His gain percentage is:
-
21. A shopkeeper sold an item for ? 270 after allowing a discount of 10% on its marked price. What was the marked price?
-
22. If the cost price of 15 articles is equal to the selling price of 10 articles, find the profit percentage.
-
23. A man bought a watch for ? 400 and sold it at a profit of 25%. What was the selling price of the watch?
-
24. By selling a book for ? 144, a man loses 10%. At what price should he sell it to gain 20%?