Profit and Loss Mcqs Mcqs for Preparation

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?

A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90
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The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

A. 51:52
B. 52:53
C. 51:53
D. 52:55
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If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________?

A. Rs. 50
B. Rs. 160
C. Rs. 200
D. Rs. 225
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A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

A. no profit, no loss
B. 20% profit
C. less than 20% profit
D. more than 20% profit
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A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18
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A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?

A. Rs. 110
B. Rs. 120
C. Rs. 125
D. Rs. 150
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A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________?

A. 8
B. 10
C. 11
D. 12
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By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost?

A. Rs. 110
B. Rs. 120
C. Rs. 140
D. None of these
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Haroon purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit?

A. Rs. 14.80
B. Rs. 15.40
C. Rs. 15.60
D. Rs. 16.30
E. Rs. 18.20
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The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%.

A. 37.5 %
B. 38.5 %
C. 42 %
D. 27.5 %

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