A shopkeeper sells a heater at 20% profit. Had he bought it for 10% less and sold it for Rs. 18 less, he would have gained 25%. What is the cost price?
Correct answer B. Rs. 240
Topic / 82 questions
Profit and Loss MCQs
Page 3 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 fruit seller buys oranges at 6 for Rs. 50 and sells them at 5 for Rs. 50. What is his gain percentage?
Correct answer C. 20%
Farah buys an electric kettle for Rs. 640 and sells it at a profit of 25%. At what price does she sell it?
Correct answer B. Rs. 800
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A bicycle bought for Rs. 3,600 is sold for Rs. 3,060. What is the loss percentage?
Correct answer C. 15%
A trader sells a carpet for Rs. 1,380 and makes a profit of 15%. What was the cost price of the carpet?
Correct answer B. Rs. 1,200
Bilal sells a wristwatch for Rs. 2,295 and suffers a loss of 15%. What did he pay for the watch?
Correct answer C. Rs. 2,700
A stationer buys 48 pens for Rs. 360 and sells each pen for Rs. 9. What is his profit percentage?
Correct answer A. 20%
The cost price of 15 lamps is equal to the selling price of 12 lamps. What is the profit percentage?
Correct answer B. 25%
The cost price of 18 notebooks equals the selling price of 24 notebooks. What is the loss percentage?
Correct answer A. 25%
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A microwave oven is marked at Rs. 2,400 and a discount of 15% is allowed. What is its selling price?
Correct answer B. Rs. 2,040
A pair of shoes marked at Rs. 1,500 is sold for Rs. 1,275. What is the rate of discount?
Correct answer B. 15%
Two successive discounts of 20% and 10% are equivalent to a single discount of ____.
Correct answer B. 28%
A sofa is marked at Rs. 3,200. The shop gives successive discounts of 25% and 20%. What does a customer pay?
Correct answer C. Rs. 1,920
What single discount is equivalent to three successive discounts of 10%, 10% and 5%?
Correct answer B. 23.05%
A shopkeeper marks his goods 40% above cost price and then allows a discount of 20%. What is his profit percentage?
Correct answer B. 12%
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A dealer marks a heater 30% above cost price and gives a 10% discount, earning a profit of Rs. 170. What is the cost price of the heater?
Correct answer C. Rs. 1,000
A fan costs a shopkeeper Rs. 1,800. He wants a profit of 25% after giving a 10% discount. What should the marked price be?
Correct answer C. Rs. 2,500
A vendor sells 45 lemons for Rs. 40 and loses 20%. How many lemons should he sell for Rs. 24 to gain 20%?
Correct answer C. 18
By selling 33 metres of cloth, a draper gains the selling price of 11 metres. What is his gain percentage?
Correct answer D. 50%
If a radio is sold at a gain of 8% instead of a loss of 5%, the seller gets Rs. 156 more. What is the cost price of the radio?
Correct answer C. Rs. 1,200