PROFIT AND LOSS MCQ SET 8
Q1. A shopkeeper bought certain number of apples for Rs.3,600 . He sold 1/5 of them at a loss of 10% , one fourth of the remaining apples at a loss of 5% , and two third of the rest at a profit of 15% . At what price (in Rs.) should he sells the remaining apples to earn a profit of 27% overall?
(a) 1,548
(b) 1,584
(c) 1,845
(d) 1,864
Answer: B
Q2. Arbind has 650 kg of wheat . A part of which he sells at 9% profit and the rest at 19% profit to get 15% profit on the whole . What is the quantity (in kg) of wheat sold by Arbind at 9% profit?
(a) 260
(b) 390
(c) 195
(d) 455
Answer: A
Q3. Two horses were sold at Rs.1599 each . First was sold at 25% profit and second at 20% loss . Find the over all profit or loss% .
(a) Neither profit nor loss
(b) Profit of 100/41%
(c) Loss of 100/41%
(d) Profit of 2.5%
Answer: C
Q4. Aditya sells wrist watches from his personal collection for Rs.12600 each . On the first watch , he gains 26% and on the second , he losses 10% . Find the overall gain or loss percentage .
(a) Gain of 16%
(b) Gain of 5%
(c) Loss of 5%
(d) Gain of 12%
Answer: B
Q5. Radha bought a fridge and a washing machine together for Rs.57300 . She sold fridge at a profit of 15% and washing machine at a loss of 24% and both are sold at the same price . The cost price of washing machine (in Rs.) is:
(a) 22800
(b) 28650
(c) 34500
(d) 24500
Answer: C
Q6. A person bought two goods for Rs.19500 . He sold one at a loss of 20% and the other at a profit of 15% . If the selling price of each goods is the same , find the cost price of goods sold at profit .
(a)Rs.11,475
(b) Rs.9,750
(c) Rs.11,500
(d) Rs.8,000
Answer: D
Q7. A person sold two cars for Rs.60,000 each . On one , he gained 20% while on the other he lost 20% . Find the percentage of his gain or loss .
(a) No profit & no loss
(b) 4% Loss
(c) 2% Loss
(d) 4% Profit
ย Answer: B
Q8. Ramesh purchases a bagย for Rs.1,275 and sold it at a gain of 15% but calculated on the selling price of the bag .
(a) Rs.1,400
(b) Rs.1,475
(c) Rs.1,325
(d) Rs.1,500
Answer: D
Q9. A house and a shop , each was sold at 1 lakh . there was 20% loss on house and 20% profit on shop . The overall result will be?
(a) Neither profit nor loss
(b) Rs.1/24 lakh profit
(c) Rs.1/12 lakh loss
(d) Rs.1/18 lakh loss
Answer: C
Q10. The selling prices of articles A and B are the same . A is sold at a profit of 28% and B is sold at a loss of 24% . If the total selling price of the both articles is Rs.48640 , then what is the cost price of A nad B , respectively?
(a) Rs.26000 , Rs40000
(b) Rs.17000 , Rs28000
(c) Rs.19000 , Rs32000
(d) Rs.24000 , Rs38000
Answer: C
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