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Mathematics Mcqs

Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage?

Mathematics Mcqs, Profit and Loss Mcqs /
Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage?

A. 15.5
B. 40
C. 60
D. None of these
Explanation:
330 boxes = Rs. (7200 + 200 600) = Rs. 8000
330 boxes = Rs. (330 × 28) = Rs. 9240
Gain% = (1240/8000 × 100)% = 15.5%

Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

By selling Toffees at 20 for a rupee, a man loses 40 %. To gain 20 %, for one rupee he must sell?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling Toffees at 20 for a rupee, a man loses 40 %. To gain 20 %, for one rupee he must sell?

A. 16 toffees
B. 20 toffees
C. 25 toffees
D. 24 toffees
Explanation:
He sells 20 toffees
S.P = Rs. 1 and loss = 4%
C.P = (11/96 × 1) = Rs. 25/24
Gain = 20%
S.P = Rs. (120/100 × 25/24) = Rs. 5/4
Rs. 5/4 toffees sold = 20
Rs. 1 toffees sold = (20 × 4/5) = 16

By selling Toffees at 20 for a rupee, a man loses 40 %. To gain 20 %, for one rupee he must sell? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

By selling 12 oranges for one rupee, a man loses 20%. How many for a rupee should he sell to get a gain of 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling 12 oranges for one rupee, a man loses 20%. How many for a rupee should he sell to get a gain of 20%?

A. 5
B. 8
C. 10
D. 15
Explanation:
He buys 12 oranges,
Then S.P = Rs. 1
Now, 80 : 1 :: 120 : X
X = 1 × 120/80 = 3/2 Rs. 3/2,
oranges sold = 12 Rs. 1,
oranges sold = (12 × 2/3) = 8

By selling 12 oranges for one rupee, a man loses 20%. How many for a rupee should he sell to get a gain of 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:________?

Mathematics Mcqs, Profit and Loss Mcqs /
A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:________?

A. 9
B. 10
C. 11
D. 11 1/9
Explanation:
Gain % = {Error/(True value – error) × 100} %
= (100/900 × 100)% = 11 1/9%

A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is:________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?

Mathematics Mcqs, Profit and Loss Mcqs /
A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60?

A. 22
B. 24
C. 25
D. 26
Explanation:
S.P of 20 articles = Rs. 60,
Gain = 20%
C.P of 20 articles = Rs. (100/120 × 60) = Rs. 50
Rs. 50, he bought = 20 articles
Rs. 60, he bought = (20/50 × 60) = 24 articles

A man sold 20 articles for Rs. 60 and gained 20%. How many articles did he buy for Rs.60? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?

Mathematics Mcqs, Profit and Loss Mcqs /
A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?

A. Rs. 300
B. Rs. 320
C. Rs. 440
D. Rs. 500
Explanation:
Let S.P = Rs. X
Then, 400 + 20% of x = x
(Or) 400 + X/5 = X
(Or) 4X/5 = 400
(or) x = 400 × 5/4 = 500
S.P = Rs. 500

A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

If I purchased 11 books for Rs. 10 and sold all at the rate of 10 books for Rs. 11, the profit percent

Mathematics Mcqs, Profit and Loss Mcqs /
If I purchased 11 books for Rs. 10 and sold all at the rate of 10 books for Rs. 11, the profit percent

A. 10%
B. 11%
C. 21%
D. 100%
Explanation:
Suppose I Purchased 110 books
C.P = Rs. (10/11 × 110) = Rs. 100
S.P = Rs. (11/10 × 110) = Rs. 121
Gain % = 21%

If I purchased 11 books for Rs. 10 and sold all at the rate of 10 books for Rs. 11, the profit percent Read More »

Mathematics Mcqs, Profit and Loss Mcqs

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books?

Mathematics Mcqs, Profit and Loss Mcqs /
If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books?

A. Rs. 400
B. Rs. 600
C. Cannot be determined
D. None of these
Explanation:
Profit is maximum when C.P is minimum and S.P Maximum.
Thus, C.P = Rs. (200 × 8) = Rs. 1600
S.P = Rs. (425 × 8) = Rs. 3400
Gain = Rs. 1800

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________?

Mathematics Mcqs, Profit and Loss Mcqs /
A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________?

A. 10%
B. 15%
C. 20%
D. 25%
Explanation:
Let C.P of each mango = Rs. 1
C.P of 320 mangoes = Rs. 320
S.P of 320 mangoes = Rs. 400
Gain = (80/320 × 100)% = 25 %

A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs