Profit and Loss MCQ for banking, upsc , ssc and other exams - 1) If by selling an article for Rs. 100 a man gains Rs. 15, then his gain percent is…. A. 15% B. 12 2/3 % C. 17 11/17 % D. 17 ¼ % 2) When A commodity is sold for Rs. 34.80, there is a loss of 25%. What is the cost price of the commodity? A. Rs. 46.40 B. Rs. 26.10 C. Rs. 43 D. Rs. 43.20 3) If the S.P. of an article for is 4/3 times its C.P. the profit percent is……. A. 33 1/3% B. 25 1/4 % C. 20 ½ % D. 20 ¾ % 4) By selling an article for Rs. 19.50, a dealer makes a profit of 30%. By how much should he increase his S.P. so as to make a profit of 40%? A. Rs. 1.50 B. Rs. 1.75 C. Rs. 2 D. Rs. 4 5) The C.P. of 20 articles is the same as S.P. of 15 articles. The profit percent is…. A. 25% B. 30% C. 33 1/3 % D. 50% 6) A fruit seller purchases oranges at the rate of 3 for Rs. 5 and sells them at 2 for Rs. 4. His profit is…… A. 10% B. 11% C. 20% D. 25% 7) A dealer professing to sell his goods at C.P., uses a 900-gm weight for a kg. His gain percent is…… A. 9% B. 10% C. 11% D. 11 1/9 % 8) A man buys eggs at 2 for Rs. 1 and an equal number at 3 for Rs. 2 and sells the whole at 5 for Rs. 3. His gain or loss percent is… A. 2 2/7 % B. 3 6/7 % C. 3 2/7 % D. 2 6/7 % 9) A sells a bicycle to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs. 1500, what did A pay for it? A. Rs. 825 B. Rs. 1000 C. Rs.110 D. Rs. 1125 10) Two mixers and a TV costs Rs. 7000, while 2 TVs and a mixer cost Rs. 9800. The values of one TV is…… A. Rs. 2800 B. Rs. 2100 C. Rs. 4200 D. Rs. 8400 Submit