Maths MCQ on Profit and Loss

The Following Section consists of Multiple Choice Questions on Profit and Loss.

Set 1
Set 2
Set 3
Set 4

Profit and Loss

Profit and Loss 2

Profit and Loss 3

Profit and Loss 4

Any examinee, who is preparing for the major competitive exams like SSC, IBPS, CAT and others, emphasize on questions and answers related to profit and loss. Mathematical questions, based on the given topic prove helpful in scoring marks. ExamTime Quiz has a vast range of problems, based on profit & loss and discount. These all are multiple choice questions and reflect the latest questioning trends in the above mentioned exams.

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The Following Section consists of Multiple Choice Questions on Profit and Loss.

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1. Question

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

2. Question

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

3. Question

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

4. Question

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

5. Question

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

6. Question

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

7. Question

Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

8. Question

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is

9. Question

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

10. Question

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

11. Question

By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:

12. Question

A fruit seller purchases oranges at the rate of 3 for Rs 5 and selIs them at 2 for Rs 4. His profit in the transaction is:.

13. Question

A man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20 %

14. Question

A man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit percent is .

15. Question

A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss ot 20% and the cow nt gain ot 20% 1 he entire transaction resulted in.

16. Question

Cost of 3 cricket balls = cost of 2 pairs of leg pads. Cost of 3 pairs of leg pads = cost of 2 pairs of gloves. Cost of 3 pairs of gloves = cost of 2 cricket bats. If a cricket bat costs Rs 54, what is the cost of a cricket ball.

17. Question

If books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.

18. Question

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is:.

19. Question

If the selling price of an article is times its cost price, the profit percent is:.

20. Question

Raghu bought 4 dozen oranges at Rs 12 per dozen and 2 dozen oranges at Rs 16 per dozen. He soldthem all to earn 20% profit. At what price per dozen did he sell the oranges ?.

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1. Question

There would be 10% loss if a toy is sold at Rs 10.80 per piece. At what price should it be sold to earn a profit of 20%

2. Question

A bought a ratio st and spent Rs 110 on its repairs. He then sold it to B at 20% profit,B sold it to C at a loss’ of 10 % and C sold it for Rs 1188 at a profit of 10 %. What is the amOunt for which A bought the radio set?

3. Question

Bhajan Singh purchased 120 reams of paper at Rs 80 per ream. He spent Rs 280 on transportation, paid octroi at the rate of 40 paise per ream and paid Rs 72 to the coolie. If he wants to have a gain of 8 %, what must be the selling price per ream?

4. Question

Gopal purchased 35 kg of rice at the rate of Rs 9.50 per kg and 30 kg at the rate of Rs i.Q.O per kg. He mixed the two. Approximately, at what price per kg should he sell the mixture to make 35 % profit in the transaction?.

5. Question

If the selling price of an article is times its cost price, the profit percent is:.

6. Question

Two mixers and one T.V. cost Rs. 7000, while two T.V.s and a mixer cost Rs, 9800. The value of one T.V. is:

7. Question

A shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400.

8. Question

Rahim buys mangoes at the rate of 3 kg for Rs 21 and sells them at 5 kg for Rs 50. To earn Rs 102 as profit, he must sell

9. Question

A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy?

10. Question

A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is:

11. Question

A man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20 %

12. Question

Ajay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction ?

13. Question

A man sells two houses at the rate of Rs. 1.995 lakh each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction Is :

14. Question

A shopkeeper bought an article for Rs 319.60. Approximately, at what price should he sell the article to make 25% profit?

15. Question

Vilcas bought paper sheets for Rs 7200 and spent Rs 200 on transport. Paying Rs 600, he had 330 boxes made, which he sold at Rs 28 each. His profit percentage is

16. Question