Profit and Loss Mcqs - ExamTonight - Largest MCQs and Forums Website

When the price of a toy was increased by 20 % of the number of toys sold was decreased by 15 %. What was the effect on the sales of the shop?

A. 4 % increase
B. 4 % decrease
C. 2 % increase
D. 2 % decrease

When the Price of fans was reduced by 20 %. The number of fans sold increased by 40 %. What was the effect on the sales of rupees?

A. 12 % Increase
B. 12 % decrease
C. 30 % increase
D. 40 % increase

A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?

A. 0.25 % loss
B. 0.25 % gain
C. 25% loss
D. 25% gain

A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20 % and the cow at a gain of 20 %. The entire transaction resulted in___________?

A. No loss or gain
B. Loss of Rs. 1000
C. Gain of Rs. 1000
D. Gain of Rs. 2000

A merchant sold his goods for Rs. 75 at a profit percent equal to C.P. The C.P was:________?

A. Rs. 40
B. Rs. 50
C. Rs. 60
D. Rs. 70

Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs.355. The cost of the commodity is:________?

A. Rs. 385
B. Rs. 390
C. Rs. 395
D. Rs. 400

If two mixers and one T.V cost Rs. 7000. While two T.V s and one mixer cost Rs. 9800. The value of one T.V is:_________?

A. Rs. 2800
B. Rs. 2100
C. Rs. 4200
D. Rs. 8400

A man sells a car to his friend at 10 % loss. If the friend sells it for Rs. 54000 and gains 20 %. The original C.P of the car was:_________?

A. Rs. 25000
B. Rs. 37500
C. Rs. 50000
D. Rs. 60000

The cost price of an article which on being sold at a gain of 12 % yields Rs. 6 more than when it is sold at a loss of 12 % is:

A. Rs. 30
B. Rs. 25
C. Rs. 24
D. Rs. 20

A person bought an article and sold it at a loss of 10 % if he had bought it for 20 % less and sold it for Rs. 55 more he would have had a profit of 40 %. The C.P of the article is:

A. Rs. 200
B. Rs. 225
C. Rs. 250
D. None of these

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When the price of a toy was increased by 20 % of the number of toys sold was decreased by 15 %. What was the effect on the sales of the shop?

When the Price of fans was reduced by 20 %. The number of fans sold increased by 40 %. What was the effect on the sales of rupees?

A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%. What percent is the effect of the sale on the whole?

A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20 % and the cow at a gain of 20 %. The entire transaction resulted in___________?

A merchant sold his goods for Rs. 75 at a profit percent equal to C.P. The C.P was:________?

Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs.355. The cost of the commodity is:________?

If two mixers and one T.V cost Rs. 7000. While two T.V s and one mixer cost Rs. 9800. The value of one T.V is:_________?

A man sells a car to his friend at 10 % loss. If the friend sells it for Rs. 54000 and gains 20 %. The original C.P of the car was:_________?

The cost price of an article which on being sold at a gain of 12 % yields Rs. 6 more than when it is sold at a loss of 12 % is:

A person bought an article and sold it at a loss of 10 % if he had bought it for 20 % less and sold it for Rs. 55 more he would have had a profit of 40 %. The C.P of the article is:

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