Profit And Loss – Aptitude MCQ Questions – 12 Posted on July 7, 2020July 7, 2020 by admin Question 1A coconut merchant finds that the cost price of 2750 coconuts is the same as the selling price of 2500 coconuts. His loss or gain will be = ? A. 5% loss B. 10% gain C. 15% loss D. 20% gain Question 2By selling an article for Rs. 100 a man gains Rs.15. Then, his gain % is - A. 15% B. 12*2/3 % C. 17*11/17 % D. 17*1/4 % Question 3If an article is sold at 200 percent profit, then the ratio of its cost price to its selling price will be - A. 1 : 2 B. 1 : 1 C. 1 : 3 D. 3 : 1 Question 4A merchant marked cloth at Rs. 50 metre. He offers 2 successive discounts of 15% and 20%. The net price/metre is = ? A. Rs. 32.50 B. Rs. 42.50 C. Rs. 34.00 D. Rs. 40.00 Question 5If the cost price of 10 articles is equal to the selling price of 7 articles, then the gain or loss percent is = ? A. 51% gain B. 42*6/7 % gain C. 35% loss D. 42*6/7 % loss Question 6A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent ? A. 4*1/6 % B. 6*1/4 % C. 8*1/3 % D. 20% Question 7Gopi goes from place A to B to bye an article costing 15% less at B, although he spends Rs. 150 on travelling, still he gains Rs. 150 compared to buying it at A. His profit percent is = ? A. 4.5% B. 6% C. 7.5% D. 8% Question 8If the loss of percent on article is 15%. Then the ratio of the cost price and selling price will be = ? A. 17 : 20 B. 20 : 17 C. 23 : 15 D. 15 : 23 Question 9A trader buys some goods for Rs. 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% ? A. Rs. 184.80 B. Rs. 185.80 C. Rs. 187.80 D. Rs. 188.80 Question 10List price of T.V is Rs. 2300 and discount series found to be 25% ans 10%. Then the selling price of T.V is = ? A. Rs. 1255.50 B. Rs. 1525.50 C. Rs. 1552.50 D. Rs. 1555.20