PROFIT AND LOSS MCQ SET 6
Q1. If oranges are bought at 11 for Rs.10 and sold at 10 for Rs.11 , what is the gain or loss percentage?
(a) Gain = 11%
(b) Loss = 11%
(c) Loss = 21%
(d) Gain = 21%
Answer: D
Q2. A person bought some articles at the rate of 36 for Rs.189 and sold them at the rate of 45 for Rs.189 . Find the profit or loss % .
(a) 20% Profit
(b) 20% Loss
(c) 25% Loss
(d) 25% Profit
Answer: B
Q3. Apples are bought at 25 for Rs.250 and sold at 30 for Rs.390 . What is the profit/loss percentage in this transaction?
(a) 25% Loss
(b) 25% Profit
(c) 30% Profit
(d) 30% Loss
Answer: C
Q4. A trader bought some orange at 7 for Rs.11 . He sold all at 2 for Rs.3 . Thereby he losses Rs.30 . Find number of oranges sold .
(a) 420
(b) 400
(c) 210
(d) 280
Answer: A
Q5. A trader bought some oranges at 4 for Rs.5 and sold all at 5 for Rs.7 . Thereby he gains Rs.18 . Find the number of oranges sold .
(a) 120
(b) 200
(c) 110
(d) 280
Answer: B
Q6. A trader bought some apples at 15 for Rs.8 and sold all at X for Rs.2 . Thereby he gains 25% . Find the value of X?
(a) 2
(b) 3
(c) 4
(d) 5
Answer: B
Q7. A trader bought some apples at 9 for Rs.7 . He sold all at X for Rs.2 . Thereby he loss 14 2/7% . Find the value of X?
(a) 2
(b) 3
(c) 4
(d) 5
ย Answer: B
Q8. Aย person bought some articles at rate of 11 for Rs.10 and bought same number of articles at the rate of 9 for Rs.10 and sold all the stock at the rate of 1 for Rs.1 . Find the profit or loss % .
(a) Neither profit nor loss
(b) 20% profit
(c) 10% loss
(d) 1% loss
Answer: D
Q9. A shopkeeper bought 60 pencils at a rate of 4 for Rs.5 and another 60 pencils at a rate of 2 For Rs.3 . He mixed all the pencils and sold them at a rate of 3 for Rs.4 . Find his gain or loss percentage .
(a) Profit 3 1/8%
(b) Loss 3 1/33%
(c) Profit 2 7/8%
(d) Loss 2 7/8%
Answer: B
Q10. A shopkeeper buys 60 oranges at 10 for Rs.72 , and an equal number at 12 for Rs.90 . He spends Rs.118 on the transaction and sells all the oranges that he buys . If there is a profit of 26% in the entire transaction , then what is the selling price of 32 oranges ?
(a)Rs.336
(b) 313.60
(c) Rs.316.80
(d) Rs.320
Answer: A
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