PROFIT AND LOSS MCQ SET 4
Q1. By selling two articles for Rs.800 , a person gains the cost price of 5 articles . The profit percentage is:
(a) 250
(b) 140
(c) 120
(d) 125
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Answer: A
Q2. By selling 42 m of cloth , Vijay gains the selling price of 7m of cloth . Find the profit percentage .
(a) 20%
(b) 30%
(c) 25%
(d) 15%
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Answer: A
Q3. By selling 8 items , a shopkeeper makes a profit equal to the selling price of 2 items . What is the profit percentage of the shopkeeper?
(a) 16 2/3%
(b) 25%
(c) 33 1/3%
(d) 30%
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Answer: C
Q4. By selling 72 articles , the loss incurred is equal to the selling price of 8 articles . What is the loss percentage?
(a) 12%
(b) 10%
(c) 9 1/9%
(d) 11 1/9%
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Answer: B
Q5. After selling 25 articles , a shopkeeper earns profit equal to the cost price of 5 articles . If he bought articles of total Rs.800 then he will have sold it for .
(a) 900
(b) 960
(c) 800
(d) 860
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Answer: B
Q6. If a person calculated his profit % on selling price and according to his , his profit is 20% . find his actual profit % .
(a) 25%
(b) 20%
(c) 40%
(d) 50%
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Answer: A
Q7. If a person calculates his loss% on selling price and according to him , his loss is 37.5% . Find his actual loss% .
(a) 11.11%
(b) 9.09%
(c) 20%
(d) 300/11 %
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ย Answer: D
Q8. The cost price of an article is Rs.2800 . Profit as a percentage of selling price is 20 percent . What is the actual profit (in Rs.)?
(a) Rs.616
(b) Rs.700
(c) Rs.504
(d) Rs.560
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Answer: B
Q9. A man purchased a celll phone for Rs.24,500 and sold it at a gain of 12.5% calculated on the selling price . The selling price of the cell phone was :
(a) Rs.25,500
(b) Rs.28,000
(c) Rs.27,500
(d) Rs.25,500
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Answer: B
Q10. On selling an article for Rs.800 , a person loses 20% of its selling price . At what price should he sell it to gain 25% on its cost price?
(a) Rs.1,280
(b) Rs.1,152
(c) Rs. 1,250
(d) Rs.1,200
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Answer: D
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