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Mathematics Mcqs

By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

A. Rs.600
B. Rs.480
C. Rs.500
D. Rs.450
Explanation:
SP = 800
Profit = 25%
CP = (SP)*[100/(100+P)]
= 800 * [100/125]
= 640
Loss = 25% = 25% of 640 = Rs.160
SP = CP – Loss = 640 – 160 = Rs.480

By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

A. Rs.600
B. Rs.500
C. Rs.250
D. Rs.700
Explanation:
Cost price = Rs.500
profit = 20% of 500 = Rs.100
Selling price = Cost price + Profit
= 500 + 100 = 600

A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

Mathematics Mcqs, Profit and Loss Mcqs /
A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay?

A. 1:5
B. 1:20
C. 2:5
D. 1:6

A man buys milk at a certain rate per liter and after adding water to it sells the mixture at the same rate. Find in what ration he much mix water to milk so as to gain 20% on his outlay? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?

Mathematics Mcqs, Profit and Loss Mcqs /
A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V?

A. Rs.2250
B. Rs.2000
C. Rs.2150
D. Rs.2200

A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

Mathematics Mcqs, Profit and Loss Mcqs /
A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

A. Rs.60000
B. Rs.75000
C. Rs.68400
D. Rs.78400

A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

Mathematics Mcqs, Profit and Loss Mcqs /
At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

A. Rs.62.50
B. Rs.72.50
C. Rs.75.00
D. Rs.80.00
Explanation:
CP = 47.50
SP = 47.50*(125/100) = 59.375
MP*(95/100) = 59.375
MP = 62.5

At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

Mathematics Mcqs, Profit and Loss Mcqs /
A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

A. 75%
B. 50%
C. 100%
D. 80%
Explanation:
MP = 100
CP = 75
SP = 150
——
75 —- 75
100 —- ? => 100%

A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?

Mathematics Mcqs, Profit and Loss Mcqs /
Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?

A. 1% gain
B. 2% gain
C. 1% loss
D. 2% loss

Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

Mathematics Mcqs, Profit and Loss Mcqs /
If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?

A. 30%
B. 33%
C. 33 1/3%
D. 35%
Explanation:
1/4 CP = 210 SP = 21*(80/100) = 168
SP = 840*(120/100) = 1008
1008 – 168 = 840
3/4 SP = 630
Gain = 210
630 — 210
100 — ? => 33 1/3%

If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction? Read More »

Mathematics Mcqs, Profit and Loss Mcqs