Profit and Loss Mcqs
Question: A man sells two articles for Rs.3600 each and he gains 30% on the first and loses 30% on the next. Find his total gain or loss?
- 1. 9% loss
- 2. 400
- 3. 4000
- 4. 324
Question: A man buys two articles for Rs.1980 each and he gains 10% on the first and loses 10% on the next. Find his total gain or loss percent?
- 1. 1% gain
- 2. 1% loss
- 3. 10% loss
- 4. no gain or no loss
Question: A reduction of 20% in the price of salt enables a lady to obtain 10 kgs more for Rs.100, find the original price per kg?
- 1. 2 3/2
- 2. 2 2/3
- 3. 2.5
- 4. 3
Question: A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?
- 1. Rs.20
- 2. Rs.30
- 3. Rs.40
- 4. Rs.25
Question: A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?
- 1. Rs.5
- 2. Rs.4
- 3. Rs.2
- 4. Rs.3
Question: A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?
- 1. 20.98% profit
- 2. 20.98% loss
- 3. 20.89% profit
- 4. 20.89% loss
Question: A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?
- 1. 700 gms
- 2. 750 gms
- 3. 800 gms
- 4. 850 gms
Question: Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?
- 1. 11%
- 2. 11 2/9%
- 3. 11 1/9%
- 4. 10%
Question: A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?
- 1. 20%
- 2. 25%
- 3. 30%
- 4. 15%
Question: A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
- 1. 20%
- 2. 45%
- 3. 44%
- 4. 48%