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Profit & Loss MCQs

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Profit & Loss

Profit & Loss MCQs With Answers

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CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2625 up by 30% and then gives a 10% discount. What is the final selling price?
A. Rs. 2362.50
B. Rs. 3412.50
C. Rs. 3071.25
D. Rs. 3171.25
Correct Answer: C
Marked price = 2625×130/100 = 3412.50; after 10% discount, SP = 3412.50×90/100 = Rs. 3071.25.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2500 up by 25% and then gives a 5% discount. What is the final selling price?
A. Rs. 2375.00
B. Rs. 3068.75
C. Rs. 3125.00
D. Rs. 2968.75
Correct Answer: D
Marked price = 2500×125/100 = 3125.00; after 5% discount, SP = 3125.00×95/100 = Rs. 2968.75.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2375 up by 20% and then gives a 15% discount. What is the final selling price?
A. Rs. 2522.50
B. Rs. 2018.75
C. Rs. 2422.50
D. Rs. 2850.00
Correct Answer: C
Marked price = 2375×120/100 = 2850.00; after 15% discount, SP = 2850.00×85/100 = Rs. 2422.50.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2250 up by 35% and then gives a 10% discount. What is the final selling price?
A. Rs. 2833.75
B. Rs. 2733.75
C. Rs. 2025.00
D. Rs. 3037.50
Correct Answer: B
Marked price = 2250×135/100 = 3037.50; after 10% discount, SP = 3037.50×90/100 = Rs. 2733.75.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2125 up by 30% and then gives a 5% discount. What is the final selling price?
A. Rs. 2724.38
B. Rs. 2624.38
C. Rs. 2762.50
D. Rs. 2018.75
Correct Answer: B
Marked price = 2125×130/100 = 2762.50; after 5% discount, SP = 2762.50×95/100 = Rs. 2624.38.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 2000 up by 25% and then gives a 15% discount. What is the final selling price?
A. Rs. 2500.00
B. Rs. 2225.00
C. Rs. 2125.00
D. Rs. 1700.00
Correct Answer: C
Marked price = 2000×125/100 = 2500.00; after 15% discount, SP = 2500.00×85/100 = Rs. 2125.00.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 1875 up by 20% and then gives a 10% discount. What is the final selling price?
A. Rs. 2025.00
B. Rs. 2125.00
C. Rs. 2250.00
D. Rs. 1687.50
Correct Answer: A
Marked price = 1875×120/100 = 2250.00; after 10% discount, SP = 2250.00×90/100 = Rs. 2025.00.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 1750 up by 35% and then gives a 5% discount. What is the final selling price?
A. Rs. 1662.50
B. Rs. 2362.50
C. Rs. 2244.38
D. Rs. 2344.38
Correct Answer: C
Marked price = 1750×135/100 = 2362.50; after 5% discount, SP = 2362.50×95/100 = Rs. 2244.38.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 1625 up by 30% and then gives a 15% discount. What is the final selling price?
A. Rs. 2112.50
B. Rs. 1895.62
C. Rs. 1795.62
D. Rs. 1381.25
Correct Answer: C
Marked price = 1625×130/100 = 2112.50; after 15% discount, SP = 2112.50×85/100 = Rs. 1795.62.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 1500 up by 25% and then gives a 10% discount. What is the final selling price?
A. Rs. 1875.00
B. Rs. 1787.50
C. Rs. 1687.50
D. Rs. 1350.00
Correct Answer: C
Marked price = 1500×125/100 = 1875.00; after 10% discount, SP = 1875.00×90/100 = Rs. 1687.50.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A shopkeeper marks an article costing Rs. 1375 up by 20% and then gives a 5% discount. What is the final selling price?
A. Rs. 1667.50
B. Rs. 1567.50
C. Rs. 1306.25
D. Rs. 1650.00
Correct Answer: B
Marked price = 1375×120/100 = 1650.00; after 5% discount, SP = 1650.00×95/100 = Rs. 1567.50.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An article is sold for Rs. 1440 at a profit of 15%. What was its cost price?
A. Rs. 1455
B. Rs. 1425
C. Rs. 1224
D. Rs. 1252.17
Correct Answer: D
CP = SP × 100/(100+profit%) = 1440×100/115 = Rs. 1252.17.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A trader buys an item for Rs. 770 and sells it for Rs. 700. What is the loss percentage?
A. 13.1%
B. 10.0%
C. 70.0%
D. 9.1%
Correct Answer: D
Loss = 770−700=70; loss% = 70/770×100 = 9.1%.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An article is bought for Rs. 600 and sold for Rs. 790. What is the profit percentage?
A. 36.7%
B. 31.7%
C. 190.0%
D. 24.1%
Correct Answer: B
Profit = 790−600=190; profit% = 190/600×100 = 31.7%.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An item bought for Rs. 860 is sold at a loss of 25%. Find the selling price.
A. Rs. 835
B. Rs. 1075
C. Rs. 645
D. Rs. 430
Correct Answer: C
Loss = 25% of 860 = 215; SP = 860−215 = Rs. 645.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An article costs Rs. 260 and is sold at a profit of 20%. What is the selling price?
A. Rs. 312
B. Rs. 208
C. Rs. 364
D. Rs. 280
Correct Answer: A
Profit = 20% of 260 = 52; selling price = 260+52 = Rs. 312.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An article is sold for Rs. 1320 at a profit of 25%. What was its cost price?
A. Rs. 1056
B. Rs. 990
C. Rs. 1345
D. Rs. 1295
Correct Answer: A
CP = SP × 100/(100+profit%) = 1320×100/125 = Rs. 1056.00.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
A trader buys an item for Rs. 1560 and sells it for Rs. 1430. What is the loss percentage?
A. 9.1%
B. 12.3%
C. 8.3%
D. 130.0%
Correct Answer: C
Loss = 1560−1430=130; loss% = 130/1560×100 = 8.3%.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An article is bought for Rs. 1390 and sold for Rs. 1520. What is the profit percentage?
A. 8.6%
B. 130.0%
C. 9.4%
D. 14.4%
Correct Answer: C
Profit = 1520−1390=130; profit% = 130/1390×100 = 9.4%.
CSS - PMS - CCE - PCS - Mathematics Profit & Loss
An item bought for Rs. 1220 is sold at a loss of 30%. Find the selling price.
A. Rs. 1586
B. Rs. 1190
C. Rs. 488
D. Rs. 854
Correct Answer: D
Loss = 30% of 1220 = 366; SP = 1220−366 = Rs. 854.
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