Profit and Loss – Multiple Choice Questions (MCQs)
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38. By selling a scooter for ₹ 19800, a dealer gains 10%. What was the cost price of the scooter?
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39. A merchant marks his goods 40% above the cost price and allows a discount of 25%. What is his profit percentage?
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40. A sold a watch to B at a gain of 20% and B sold it to C at a loss of 10%. If C paid ₹ 216 for it, what was the cost price of the watch for A?
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41. The cost price of an article is 80% of its selling price. The profit percentage is:
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42. A shopkeeper gives two successive discounts of 20% and 10% on a marked price of ₹ 500. What is the selling price?
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43. A man buys an article for ₹ 27 and sells it for ₹ 36. His profit percentage is:
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44. By selling a table for ₹ 1140, a shopkeeper gains 5%. What was the cost price of the table?
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45. A trader mixes two types of rice, one costing ₹ 50 per kg and another costing ₹ 60 per kg, in the ratio 2:3. If he sells the mixture at ₹ 65 per kg, his profit percentage is:
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46. A man sold an article at a profit of 10%. If he had bought it at 10% less and sold it for ₹ 3 more, he would have gained 25%. What is the cost price?
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47. The marked price of a shirt is ₹ 480. A shopkeeper sells it at a discount of 15% and still makes a profit of 20%. What is the cost price of the shirt?
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48. A fruit vendor buys bananas at ₹ 9 per dozen and sells them at ₹ 1.25 per banana. What is his profit percentage?