PROFIT AND LOSS MCQ SET 9
Q1. X sells two articles for Rs.4000 each with no loss and no gain in the overall transaction . If one was sold at a gain of 25% , the other is sold at a loss ofย
(a) 25%
(b) 16.66%
(c) 18 2/9%
(d) 20%
Answer: B
Q2. Two articles were sold for Rs.2400 each by a shopkeeper . The shopkeeper incurred no profit no loss on the whole transaction . If one of the two articles sold at a profit of 20% , then what was the loss incurred on the other article?
(a) Rs.600
(b) Rs.400
(c) Rs.380
(d) Rs.240
Answer: B
Q3. Munni bought a mobile and a gun for Rs.115 . She sold gun at 20% gain and mobile at 30% gain . She found that cost price of gun is equal to selling price of mobile . Find her overall profit amount and profit percentage?
(a) 28 , 24 8/23%
(b) P56 , 24 8/23%
(c) 28 , 26 2/23%
(d) None of these
Answer: A
Q4.ย A shopkeeper sold two items . The selling price of the first item equals the cost price of the second item . He sold the first item at a profit of 20% and the second item at a loss of 10% . What is his overall profit /loss percent?
(a) Profit 3 7/11%
(b) Loss 4 6/11%
(c) Profit 4 7/11%
(d) Loss 8 1/3%
Answer: A
Q5. Sheela bought a saree and a lehenga at a certain price . She sold saree at 10% gain and lehenga at 25% gain . She found that cost price of saree is equal to selling price of lehenga . Find her profit percentage?
(a) 16.66%
(b) 20%
(c) 15%
(d) 17.5%
Answer: A
Q6. By selling 90 ball pens for Rs.160 a person loses 20% . The number of ball pens , Which should be sold for Rs.96 so as to have profit of 20% is
(a) 36
(b) 37
(c) 46
(d) 47
Answer: A
Q7. A person bought 7 apples for Rs.3 at what price he should sell 100 apples to get a profit of 33%
(a) 56
(b) 57
(c) 58
(d) 59
ย Answer: B
Q8. By selling 3 dozen oranges for Rs.405 , a trader loses 25% How many oranges should he sell for 288 if he needs to earn a profit of 20% in the transaction?
(a) 16
(b) 15
(c) 18
(d) 12
Answer: A
Q9. By selling 32 oranges in one rupee , a man loses 40% . How many for one rupee should he sell in order to gain 20%?
(a) 12
(b) 16
(c) 20
(d) 24
Answer: B
Q10. After selling 4 article for Rs.1 a person incurred loss of 4% if he had sold 3 articles for Rs.1 his profit percentage would be ?
(a) 24
(b) 28
(c) 32
(d) 36
Answer: B
Leave a Reply