 Friday, May 3, 2019

Profit-and-Loss, MCQ (Free PDF)

Content Covered:-
1. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x
A. 15
B. 25
C. 18
D. 16
Answer : Option D

2. In a shop, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, find out approximately what percentage of the selling price is the profit?
A. 250%
B. 100%
C. 70%
D. 30%
Answer : Option C

3. A vendor bought bananas at 6 for a rupee. How many for a rupee must he sell to gain 20%?
A. 3
B. 4
C. 5
D. 6
Answer : Option C

4. The percentage profit earned by selling an item for Rs. 1920 is equal to the percentage loss incurred by selling the same item for Rs. 1280. At what price should the item be sold to make 25%
profit?
A. Insufficient Data
B. Rs. 3000
C. Rs. 2000
D. Rs. 2200
Answer : Option C

5. An exporter expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
A. Insufficient Data
B. Rs. 80
C. Rs. 90
D. Rs. 72
Answer : Option D