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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

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

Mathematics Mcqs, Profit and Loss Mcqs /
A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

A. Rs.250
B. Rs.225
C. Rs.275
D. Rs.200
Explanation:
CP1 = 100 SP1 = 90
CP2 = 80 SP2 = 80 * (140/100) = 112
22 —– 100
55 —– ? => Rs.250

A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

Mathematics Mcqs, Profit and Loss Mcqs /
A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?

A. Rs.370
B. Rs.375
C. Rs.350
D. Rs.300
Explanation:
CP1 = 100 SP1 = 120
CP2 = 80 SP2 = 80 * (125/100) = 100
20 —– 100
75 —– ? => 375

A man buys an article and sells it at a profit of 20%. If he had bought it at 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

Mathematics Mcqs, Profit and Loss Mcqs /
I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?

A. Rs.28
B. Rs.280
C. Rs.140
D. Rs.70
Explanation:
x*(85/100) = (480 – x)119/100
x = 280

I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

Mathematics Mcqs, Profit and Loss Mcqs /
A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?

A. 9% loss
B. 400
C. 4000
D. 324
Explanation:
(30*30)/100 = 9%loss

A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

Mathematics Mcqs, Profit and Loss Mcqs /
A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?

A. 1% gain
B. 1% loss
C. 10% loss
D. no gain or no loss

A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?

Mathematics Mcqs, Profit and Loss Mcqs /
A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?

A. 2 3/2
B. 2 2/3
C. 2.5
D. 3
Explanation:
100*(20/100) = 20 — 10
? — 1 => Rs.2
100 — 80
? — 2 => Rs.2.5

A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

Mathematics Mcqs, Profit and Loss Mcqs /
A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?

A. Rs.20
B. Rs.30
C. Rs.40
D. Rs.25
Explanation:
800*(25/100) = 200 —- 5
? —- 1 => Rs.40

A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg? Read More »

Mathematics Mcqs, Profit and Loss Mcqs