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Profit and Loss Mcqs

Profit and Loss MCQs questions with answers and explanations. Profit and loss statement for small businesses 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. 55 more he would have had a profit of 40 %. The C.P of the article is ______ ?

December 5, 2023 – by admin 0

A. Rs. 276
B. Rs. 250
C. Rs. 200
D. Rs. 225

At what price must kashif sell a mixture of 80 kg sugar at Rs. 6.75 per kg with 120 kg at Rs. 8 per kg to gain 20% ?

December 5, 2023 – by admin 0

A. Rs. 9 per kg
B. Rs. 8.85 per kg
C. Rs. 7.50 per kg
D. Rs. 8.20 per kg

A discount series of 10%, 20% and 40% is equal to a single discount of _____ ?

December 5, 2023 – by admin 0

A. 60%
B. 70.28%
C. 56.8%
D. 50%

Ratio of the prices of three different types of cars is 4:5:7. If the difference between the costliest and the cheapest cars is Rs. 60000 the price of the car of modest price is ______ ?

December 5, 2023 – by admin 0

A. Rs. 140000
B. Rs. 120000
C. Rs. 80000
D. Rs. 100000

Jabbar buys an article with 25% discount on its marked price. He makes a profit of 10 % by selling it at Rs. 660. The marked price is _____ ?

December 5, 2023 – by admin 0

A. Rs. 800
B. Rs. 685
C. Rs. 600
D.  Rs. 700

An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount is _____ ?

December 5, 2023 – by admin 0

A. 20 %
B. 15%
C. 12%
D. 17 11/17%

A retailer buys a sewing machine at a discount of 15% and sells it for Rs. 1955. Thus, he makes a profit of 15%. The discount is ______ ?

December 5, 2023 – by admin 0

A. Rs. 300
B. Rs. 280
C. Rs. 270
D. Rs. 345

A Shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed. The ratio of the cost price and the printed price of the book is ______ ?

December 5, 2023 – by admin 0

A. 77:547
B. 99:125
C. 50:61
D. 45:56

While selling the watch, a shopkeeper gives a discount of 5% if he gives a discount of 7 % he earns Rs. 15 less as profit. The marked price of the watch is ______ ?

December 5, 2023 – by admin 0

A. Rs. 712.50
B. Rs. 787.50
C. Rs. 697.50
D. None of these

A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is _____ ?

December 5, 2023 – by admin 0

A. 5%
B. 6%
C. 8%
D. 10%

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