A trader gives 2 articles free with every 12 articles bought and still gains 20%. By what percentage above cost price are the articles marked?
Correct answer D. 40%
Topic / 82 questions
Profit and Loss MCQs
Page 2 of Profit and Loss multiple-choice questions with answers. Tap an option to check yourself.
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- Numbers 104
- Percentage 103
- Age Questions 95
- Profit and Loss 82
- Ratio and Proportion 80
- Time and Work 73
- Alligation or Mixture 73
- Fraction and Decimal 72
- Compound Interest 71
- Simple Interest 69
- Area 64
- Volume and Surface Area 64
- Equations and Inequalities 64
- Time and Distance 64
- Simplification 60
- Permutation and Combination 59
- Average 59
- Basic Algebra 58
- Pipes and Cistern 57
- Partnership 56
- Square Root and Cube Root 51
- Problems on Numbers 47
- Probability 45
- Problems on Trains 44
- Odd Man Out and Series 43
- Surds and Indices 43
- Clock 39
- Races and Games 38
- Height and Distance 37
- True Discount 36
- Stocks and Shares 34
- Boats and Streams 34
- Banker's Discount 32
- Counting 32
- Logarithm 30
- Problems on H.C.F and L.C.M 30
- Calendar 30
- Road Problems 26
- Word Problems 25
- Men and Food 24
A suitcase marked at Rs. 1,600 is sold for Rs. 1,224 after two successive discounts. If the first discount is 15%, what is the second discount?
Correct answer D. 10%
Two articles are bought for Rs. 8,400 in total. One is sold at a 16% loss and the other at a 19% gain, and there is no overall gain or loss. What was the cost of the article sold at a loss?
Correct answer D. Rs. 4,560
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On a bill of Rs. 4,000, what is the difference between a single discount of 35% and two successive discounts of 25% and 10%?
Correct answer D. Rs. 100
A store offers ‘buy 3, get 2 free’ on T-shirts. What is the effective discount percentage?
Correct answer B. 40%
A cooler is marked at Rs. 1,500. After a 20% discount, the shopkeeper still makes a 20% profit. What is the cost price?
Correct answer D. Rs. 1,000
A trader allows a discount of 12.5% on the marked price and still gains 5%. What is the ratio of the cost price to the marked price?
Correct answer D. 5 : 6
What single discount is equivalent to successive discounts of 20%, 10% and 5%?
Correct answer D. 31.6%
A sells a scooter to B at a 20% gain and B sells it to C at a 10% loss. If C pays Rs. 2,700, what did A pay for it?
Correct answer D. Rs. 2,500
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A sells a generator to B at a 25% profit and B sells it to C at a 20% profit. C pays Rs. 3,000 more than A’s cost price. What was A’s cost price?
Correct answer C. Rs. 6,000
A trader’s profit is 20% of the selling price. What is his profit as a percentage of the cost price?
Correct answer C. 25%
A dealer’s loss on a sale is 20% of the selling price. What is his loss as a percentage of the cost price?
Correct answer C. 16.67%
A clock is sold at a profit of 15%. Had it been sold for Rs. 63 more, the profit would have been 22%. What is the cost price?
Correct answer C. Rs. 900
A man buys some bananas at 12 for Rs. 30 and an equal number at 8 for Rs. 30. He sells all of them at 10 for Rs. 30. What is the result?
Correct answer A. Loss of 4%
A shop offers ‘buy 4, get 1 free’ on soap bars. What is the effective discount percentage?
Correct answer B. 20%
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A television marked at Rs. 25,000 is sold at a 10% discount and the shopkeeper still gains 12.5%. What is the cost price?
Correct answer D. Rs. 20,000
A retailer buys a blender listed at Rs. 800 at a 15% trade discount and sells it at the list price. What is his gain percentage?
Correct answer C. 17.65%
Kashif buys a used car for Rs. 2,40,000, spends Rs. 30,000 on repairs and sells it for Rs. 2,97,000. What is his gain percentage?
Correct answer D. 10%
A shop earns a profit of 50% on cost. The cost price rises by 20% while the selling price stays the same. What is the new profit percentage on cost?
Correct answer A. 25%
Imran buys a painting at 10% below its value and sells it at 40% above its value. What is his gain percentage?
Correct answer A. 55.56%