10 Important MCQ on Profit And Loss (Part-2) For SBI Clerical Canara Bank PO DMRC Railway Exam 2018


Q1. A shopkeeper sold a TV set for Rs. 17,940 with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent?
(a) 25%
(b) 26.4%
(c) 24.8%
(d) 30%

Q2. If 7kg of tea of price Rs. 72/kg is blended with 33 kg of tea of Rs. 87/kg and 35 kg of Rs. 85/kg and the mixture is sold at 15% profit, then what is the selling price of the mixture?
(a) Rs. 80.66/kg
(b) Rs. 102.33/kg
(c) Rs. 91.22/kg
(d) Rs. 97.37/kg

Q3. A cash payment that will settle a bill for 250 chairs are Rs. 50 per chair less 20% and 15% with a further discount of 5% on cash payment is:
(a) Rs. 8075
(b) Rs. 7025
(c) Rs. 8500
(d) Rs. 8000

Q4. A sold an article to B at a profit of 20% B sold the same article to C at a loss of 25% of C sold the same article to D at a profit of 40%. If D paid Rs. 252 for the article, then find how much did A pay for it?
(a) Rs. 175
(b) Rs. 200
(c) Rs. 180
(d) Rs. 210

Q5. Rohan purchased a bike for Rs. 54000. He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/profit?
(a) Loss of Rs. 657
(b) Profit of Rs. 567
(c) Loss of Rs. 648
(d) Profit of Rs. 648

Q6. By selling an article at 80% of its marked price, a merchant makes a loss of 12% what will be the per cent profit or loss made by the merchant if he sells the article at 95% of its marked price?
(a) 5.5% profit
(b) 1% loss
(c) 5% profit
(d) 4.5 profit

Q7. What is the maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%
(a) 16.67%
(b) 20%
(c) 50%
(d) 33.33%

Q8. A machine is sold at a profit of 10%. Had it been sold for Rs. 40 less, there would have been a loss of 10%. What was the cost price?
(a) Rs. 175
(b) Rs. 200
(c) Rs. 225
(d) Rs. 250

Q9. Even after reducing the marked price of a transistor by Rs. 32, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit would he have made if he had sold the transistor at the marked price?
(a) 25%
(b) 20%
(c) 10%
(d) 15%

Q10. A horse and a carriage together cost Rs. 8,000. If by selling the horse at a profit of 10%, and the carriage at a loss of 10%; a total profit of 2.5% is made, then what is the cost price of the horse?
(a) Rs. 3,000
(b) Rs. 3,500
(c) Rs. 4,000
(d) Rs. 5,000