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Profit and Loss – Multiple Choice Questions (MCQs)

37. A man bought a radio for ? 600 and sold it for ? 750. His profit percentage is:
- A. 15%
- B. 20%
- C. 25%
- D. 30%
38. By selling a scooter for ? 19800, a dealer gains 10%. What was the cost price of the scooter?
- A. ? 17820
- B. ? 18000
- C. ? 21780
- D. ? 22000
39. A merchant marks his goods 40% above the cost price and allows a discount of 25%. What is his profit percentage?
- A. 5%
- B. 10%
- C. 15%
- D. 20%
40. A sold a watch to B at a gain of 20% and B sold it to C at a loss of 10%. If C paid ? 216 for it, what was the cost price of the watch for A?
- A. ? 180
- B. ? 190
- C. ? 200
- D. ? 220
41. The cost price of an article is 80% of its selling price. The profit percentage is:
- A. 15%
- B. 20%
- C. 25%
- D. 30%
42. A shopkeeper gives two successive discounts of 20% and 10% on a marked price of ? 500. What is the selling price?
- A. ? 350
- B. ? 360
- C. ? 400
- D. ? 450
43. A man buys an article for ? 27 and sells it for ? 36. His profit percentage is:
- A. 25%
- B. 30%
- C. 33 1/3%
- D. 40%
44. By selling a table for ? 1140, a shopkeeper gains 5%. What was the cost price of the table?
- A. ? 1083
- B. ? 1080
- C. ? 1100
- D. ? 1197
45. A trader mixes two types of rice, one costing ? 50 per kg and another costing ? 60 per kg, in the ratio 2:3. If he sells the mixture at ? 65 per kg, his profit percentage is:
- A. 10%
- B. 20%
- C. 30%
- D. 40%
46. A man sold an article at a profit of 10%. If he had bought it at 10% less and sold it for ? 3 more, he would have gained 25%. What is the cost price?
- A. ? 100
- B. ? 120
- C. ? 150
- D. ? 180
47. The marked price of a shirt is ? 480. A shopkeeper sells it at a discount of 15% and still makes a profit of 20%. What is the cost price of the shirt?
- A. ? 300
- B. ? 320
- C. ? 340
- D. ? 360
48. A fruit vendor buys bananas at ? 9 per dozen and sells them at ? 1.25 per banana. What is his profit percentage?
- A. 50%
- B. 60%
- C. 66 2/3%
- D. 75%

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Profit and Loss – Multiple Choice Questions (MCQs)

37. A man bought a radio for ? 600 and sold it for ? 750. His profit percentage is:

38. By selling a scooter for ? 19800, a dealer gains 10%. What was the cost price of the scooter?

39. A merchant marks his goods 40% above the cost price and allows a discount of 25%. What is his profit percentage?

40. A sold a watch to B at a gain of 20% and B sold it to C at a loss of 10%. If C paid ? 216 for it, what was the cost price of the watch for A?

41. The cost price of an article is 80% of its selling price. The profit percentage is:

42. A shopkeeper gives two successive discounts of 20% and 10% on a marked price of ? 500. What is the selling price?

43. A man buys an article for ? 27 and sells it for ? 36. His profit percentage is:

44. By selling a table for ? 1140, a shopkeeper gains 5%. What was the cost price of the table?

45. A trader mixes two types of rice, one costing ? 50 per kg and another costing ? 60 per kg, in the ratio 2:3. If he sells the mixture at ? 65 per kg, his profit percentage is:

46. A man sold an article at a profit of 10%. If he had bought it at 10% less and sold it for ? 3 more, he would have gained 25%. What is the cost price?

47. The marked price of a shirt is ? 480. A shopkeeper sells it at a discount of 15% and still makes a profit of 20%. What is the cost price of the shirt?

48. A fruit vendor buys bananas at ? 9 per dozen and sells them at ? 1.25 per banana. What is his profit percentage?

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