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Profit and Loss Mcqs

By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?

A. 20%
B. 25%
C. 18%
D. 30%
Explanation:
SP = CP + g
150 SP = 150 CP + 30 SP
120 SP = 150 CP
120 — 30 CP
100 — ? => 25%

By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?

Mathematics Mcqs, Profit and Loss Mcqs /
If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?

A. 7
B. 8
C. 9
D. 10
Explanation:
96% —- 12
144% —- ?
96/144 * 12 = 8

If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?

A. Rs.38750
B. Rs.38000
C. Rs.40000
D. Rs.42000
Explanation:
CP + CP/8 = 45000
CP = 40000
SP = 40000*(95/100) = 38000

By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

Mathematics Mcqs, Profit and Loss Mcqs /
A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?

A. Rs.900
B. Rs.875
C. Rs.850
D. Rs.860
Explanation:
CP = SP + 1CP = SP – g
800 + x = 980 – 2x
3x = 180 => x = 60
CP = 800 + 60 = 860

A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

Mathematics Mcqs, Profit and Loss Mcqs /
A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

A. 10%
B. 11%
C. 12%
D. 15%
Explanation:
Original price = 100
CP = 80
S = 80*(140/100) = 112
100 – 112 = 12%

A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

A. 20%
B. 25%
C. 13 1/30%
D. 12%
Explanation:
SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 — 20 => 20%

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is________?

Mathematics Mcqs, Profit and Loss Mcqs /
The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is________?

A. 3%
B. 4%
C. 5%
D. 6%
Explanation:
65*(90/100)*((100-x)/100) = 56.16
x = 4%

The list price of an article is Rs.65. A customer pays Rs.56.16 for it. He was given two successive discounts, one of them being 10%. The other discount is________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs