Profit and Loss Question Answers MCQ Quiz Test – Page 5

## Profit and Loss Quiz Test = 5

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Question 1 |

**A shopkeeper gives gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labelled price of a radio. If the final sale price of the radio is Rs. 704, then what is its labelled price ?**

Rs. 844.80 | |

Rs. 929.28 | |

Rs. 1000 | |

Rs. 1044.80 |

Question 2 |

**The difference between a discount of 35% and two successive discounts of 20% on a certain bill was Rs. 22. Find the amount of the bill.**

Rs. 200 | |

Rs. 1100 | |

Rs. 2200 | |

Data inadequate | |

None of these |

Question 3 |

**A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104 ?**

8% | |

10% | |

12% | |

15% |

Question 4 |

**Two shopkeepers announce the same price of Rs. 700 for a sewing machine. The first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16%. The shopkeeper that offers better discount, charges……….less than the other shopkeeper.**

Rs. 9.80 | |

Rs. 16.80 | |

Rs. 22.40 | |

Rs. 36.40 |

Question 5 |

**After successive discounts of 12% and 5% an article was sold for Rs. 209. What was the original price of the article ?**

Rs. 226 | |

Rs. 250 | |

Rs. 252 | |

Rs. 269 |

Question 6 |

**A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. He actual profit was :**

5% | |

9% | |

16% | |

25% |

Question 7 |

**The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. What was the second discount rate ?**

12% | |

14% | |

15% | |

18% |

Question 8 |

**At what price should a shopkeeper mark a radio that costs him Rs. 1200 in order that he may offer a discount of 20% on the marked price and still make a profit of 25% ?**

Rs. 1675 | |

Rs. 1875 | |

Rs. 1900 | |

Rs. 2025 | |

None of these |

Question 9 |

**A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price to the printed price of the book is :**

45 : 56 | |

50 : 61 | |

55 : 69 | |

99 : 125 |

Question 10 |

**Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.**

Rs. 70.10 | |

Rs. 70.10 | |

Rs. 72 | |

Rs. 72.20 |

Question 11 |

**List price of an article at a showroom is Rs. 2000 and it is being sold at successive discounts of 20% and 10%. Its net selling price will be :**

Rs. 1400 | |

Rs. 1440 | |

Rs. 1520 | |

Rs. 1700 |

Question 12 |

**The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is :**

decreased by 5.3% | |

increased by 3% | |

increased by 5.3% | |

increased by 10% |

Question 13 |

**By selling an umbrella for Rs. 300, a shopkeeper gains 20%. During a clearance during the sale is :**

7 | |

7.5 | |

8 | |

9 |

Question 14 |

**The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%.**

37.5% | |

48% | |

50.5% | |

52% |

Question 15 |

**Successive discounts of 10%, 12% and 15% amount to a single discount of :**

32.68% | |

35.28% | |

36.68% | |

None of these |

Question 16 |

**A manufacturer offers a 20% rebate on the marked price of a product. The retailer offers another 30% rebate on the reduced price. The two reductions are equivalent to a single reduction of :**

40% | |

44% | |

46% | |

50% |

Question 17 |

**A discount of 15% on one article is the same as a discount of 20% on another article. The costs of the two articles can be :**

Rs. 40, Rs. 20 | |

Rs. 60, Rs. 40 | |

Rs. 80, Rs. 60 | |

Rs. 60, Rs. 40 |

Question 18 |

**A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is above the cost price by :**

20% | |

39% | |

40% | |

50% |

Question 19 |

**A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and a loss of 1%. He allowed a discount of :**

9% | |

10% | |

10.5% | |

11% |

Question 20 |

**Tarun got 30% concession on the labeled price of an sold it for Rs. 8750 with 25% profit on the price he bought. What was the labeled price ?**

Rs. 10,000 | |

Rs. 12,000 | |

Rs. 16,000 | |

Data inadequate | |

None of these |

Question 21 |

**Peter bought an item at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new sale price is by what percent more than the original price ?**

7.5 | |

8 | |

10 | |

12 | |

None of these |

Question 22 |

**Komal buys an article at a discount of 25%. At what percentage above the cost price should he sell it to make a profit of 25% over the original list price /**

25 | |

30 | |

40 | |

66.67 |

Question 23 |

**A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered ?**

24.5 | |

28.5 | |

30 | |

Data inadequate | |

None of these |

Question 24 |

**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 ?**

10% | |

20% | |

25% | |

None of these |

Question 25 |

**A product when sold with 10% rebate on the listed price gave a profit of Rs. 70. What was its cost price ?**

Rs. 200 | |

Rs. 350 | |

Rs. 700 | |

Cannot be determined | |

None of these |

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