{"id":12538,"date":"2025-09-18T07:25:41","date_gmt":"2025-09-18T06:25:41","guid":{"rendered":"https:\/\/mcqsadda.com\/?p=12538"},"modified":"2025-11-05T10:30:27","modified_gmt":"2025-11-05T10:30:27","slug":"profit-and-loss-top-100-mcqs-with-answer-and-explanation","status":"publish","type":"post","link":"https:\/\/mcqsadda.com\/index.php\/2025\/09\/18\/profit-and-loss-top-100-mcqs-with-answer-and-explanation\/","title":{"rendered":"Profit and loss Top 100 MCQs With Answer and Explanation"},"content":{"rendered":"\n

1. A shopkeeper buys an article for \u20b9500 and sells it for \u20b9600. Find the profit percentage.<\/mark>
<\/strong>A) 10%
B) 15%
C) 20%
D) 25%
Answer:<\/strong> C) 20%
Explanation:<\/strong> Profit = 600 \u2013 500 = \u20b9100.
Profit % = (100\/500) \u00d7 100 = 20%.<\/p>\n\n\n\n

2. If cost price = \u20b9250 and selling price = \u20b9200, find the loss percentage.<\/mark><\/strong>
A) 15%
B) 18%
C) 20%
D) 25%
Answer:<\/strong> C) 20%
Explanation:<\/strong> Loss = 250 \u2013 200 = \u20b950.
Loss % = (50\/250) \u00d7 100 = 20%.<\/p>\n\n\n\n

3. If a man sells an article at 10% profit for \u20b9550, find the cost price.<\/mark><\/strong>
A) 400
B) 450
C) 500
D) 600
Answer:<\/strong> C) 500
Explanation:<\/strong> SP = CP \u00d7 (1 + 10\/100).
So, CP = 550 \u00f7 1.1 = 500.<\/p>\n\n\n\n

4. An article is sold at 15% loss for \u20b9170. Find its cost price.<\/mark><\/strong>
A) 180
B) 190
C) 200
D) 210
Answer: C) 200<\/strong>
Explanation:<\/strong> SP = CP \u00d7 (1 \u2013 15\/100).
So, CP = 170 \u00f7 0.85 = 200.<\/p>\n\n\n\n

5. A trader makes a profit of 25% by selling an article for \u20b9250. Find the cost price.<\/mark><\/strong>
A) 180
B) 190
C) 200
D) 210
Answer: C) 200<\/strong>
Explanation:<\/strong> SP = CP \u00d7 1.25 \u21d2 CP = 250 \u00f7 1.25 = 200.<\/p>\n\n\n\n

6. If selling price = \u20b9540 and gain = 8%, find cost price.<\/mark><\/strong>
A) 500
B) 520
C) 540
D) 560
Answer: <\/strong>A) 500
Explanation: <\/strong>SP = CP \u00d7 1.08 \u21d2 CP = 540 \u00f7 1.08 = 500.<\/p>\n\n\n\n

7. If selling price = \u20b9432 and loss = 10%, find cost price.<\/mark><\/strong>
A) 450
B) 480
C) 490
D) 500
Answer<\/strong>: B) 480
Explanation:<\/strong> SP = CP \u00d7 0.9 \u21d2 CP = 432 \u00f7 0.9 = 480.<\/p>\n\n\n\n

8. If a man sells an article at cost price, then profit or loss = ?<\/mark><\/strong>
A) Profit
B) Loss
C) No Profit, No Loss
D) Depends on case
Answer: C) No Profit, No Loss<\/strong><\/p>\n\n\n\n

9. If a trader sells an article for \u20b9900 making 20% profit, then what is the cost price?<\/mark><\/strong>
A) 700
B) 720
C) 750
D) 800
Answer: D) 750<\/strong>
Explanation:<\/strong> CP = 900 \u00f7 1.2 = 750.<\/p>\n\n\n\n

10. Cost price of 12 pens = SP of 10 pens. Find gain %.<\/mark><\/strong>
A) 10%
B) 15%
C) 20%
D) 25%
Answer: D) 20%<\/strong>
Explanation:<\/strong> CP of 1 pen = 12\/12 = 1.
SP of 1 pen = 12\/10 = 1.2.
Profit % = 0.2\/1 \u00d7 100 = 20%.<\/p>\n\n\n\n

11. CP of 15 oranges = SP of 12 oranges. Find gain %.<\/strong><\/mark>
A) 20%
B) 25%
C) 30%
D) 33.33%
Answer: D) 25%<\/strong>
Explanation:<\/strong> CP of 1 orange = 15\/15 = 1.
SP of 1 orange = 15\/12 = 1.25.
Profit % = 0.25\/1 \u00d7 100 = 25%.<\/p>\n\n\n\n

12. If an article is sold at 25% loss for \u20b9300, what is its cost price?<\/mark><\/strong>
A) 350
B) 360
C) 400
D) 450
Answer: C) 400<\/strong>
Explanation:<\/strong> CP = 300 \u00f7 0.75 = 400.<\/p>\n\n\n\n

13. If CP = \u20b9600 and SP = \u20b9750, find profit %.<\/mark><\/strong>
A) 20%
B) 22.5%
C) 25%
D) 30%
Answer:<\/strong> C) 25%
Explanation:<\/strong> Profit = 150. Profit % = 150\/600 \u00d7 100 = 25%.<\/p>\n\n\n\n

14. If SP = \u20b9480 and loss = 20%, find CP.<\/mark><\/strong>
A) 550
B) 560
C) 600
D) 620
Answer:<\/strong> C) 600
Explanation:<\/strong> CP = 480 \u00f7 0.8 = 600.<\/p>\n\n\n\n

15. An article bought at \u20b9120 is sold at 10% loss. Find SP.
<\/mark><\/strong>A) 100
B) 105
C) 108
D) 110
Answer:<\/strong> D) 108
Explanation:<\/strong> SP = 120 \u00d7 0.9 = 108.<\/p>\n\n\n\n

16. An article bought at \u20b9250 is sold at 12% profit. Find SP.<\/mark><\/strong>
A) 270
B) 275
C) 280
D) 290
Answer: B) 280<\/strong>
Explanation:<\/strong> SP = 250 \u00d7 1.12 = 280.<\/p>\n\n\n\n

17. A man bought an article for \u20b9450 and sold it for \u20b9540. Find profit %.<\/mark><\/strong>
A) 18%
B) 20%
C) 22%
D) 25%
Answer:<\/strong> B) 20%
Explanation:<\/strong> Profit = 90. Profit % = 90\/450 \u00d7 100 = 20%.<\/p>\n\n\n\n

18. A trader sold an article for \u20b9660 at a profit of 10%. Find cost price.<\/mark><\/strong>
A) 580
B) 600
C) 620
D) 640
Answer: B) 600
Explanation: CP = 660 \u00f7 1.1 = 600.<\/strong><\/p>\n\n\n\n

19. If a trader makes a profit of 15% by selling an article for \u20b9460, find CP.<\/mark><\/strong>
A) 380
B) 390
C) 400
D) 410
Answer:<\/strong> C) 400
Explanation:<\/strong> CP = 460 \u00f7 1.15 = 400.<\/p>\n\n\n\n

20. A man bought a chair for \u20b9720 and sold it at a loss of 10%. Find SP.<\/mark><\/strong>
A) 630
B) 640
C) 650
D) 660
Answer:<\/strong> B) 648
Explanation:<\/strong> SP = 720 \u00d7 0.9 = 648.<\/p>\n\n\n\n

21. If CP = \u20b9800 and SP = \u20b9880, find profit %.<\/mark><\/strong>
A) 8%
B) 9%
C) 10%
D) 12%
Answer:<\/strong> C) 10%
Explanation:<\/strong> Profit = 80. Profit % = 80\/800 \u00d7 100 = 10%.<\/p>\n\n\n\n

22. A man bought a table for \u20b9500 and sold it for \u20b9450. Find loss %.<\/mark><\/strong>
A) 8%
B) 9%
C) 10%
D) 12%
Answer:<\/strong> C) 10%
Explanation:<\/strong> Loss = 50. Loss % = 50\/500 \u00d7 100 = 10%.<\/p>\n\n\n\n

23. An article is sold for \u20b9864 at 8% loss. Find cost price.<\/mark><\/strong>
A) 900
B) 920
C) 940
D) 960
Answer:<\/strong> D) 960
Explanation:<\/strong> CP = 864 \u00f7 0.92 = 960.<\/p>\n\n\n\n

24. If SP = \u20b91260 and CP = \u20b91200, find profit %.<\/mark><\/strong>
A) 4%
B) 5%
C) 6%
D) 7%
Answer:<\/strong> B) 5%
Explanation:<\/strong> Profit = 60. Profit % = 60\/1200 \u00d7 100 = 5%.<\/p>\n\n\n\n

25. A man bought a TV at \u20b912,000 and sold it at a loss of 5%. Find SP.<\/mark><\/strong>
A) 11,200
B) 11,300
C) 11,400
D) 11,500
Answer:<\/strong> C) 11,400
Explanation:<\/strong> SP = 12000 \u00d7 0.95 = 11,400.<\/p>\n\n\n\n

26.A shopkeeper bought an article for \u20b9500 and sold it at a profit of 20%. Find the selling price.<\/mark><\/strong>
a) \u20b9580
b) \u20b9600
c) \u20b9620
d) \u20b9700
Answer: b) \u20b9600<\/strong>
Explanation:<\/strong>
SP = CP + Profit = 500 + (20% of 500) = 500 + 100 = \u20b9600.<\/p>\n\n\n\n

27.A man sells a book at a loss of 15%. If the cost price is \u20b9200, find the selling price.<\/mark><\/strong>
a) \u20b9160
b) \u20b9170
c) \u20b9180
d) \u20b9190
Answer: c) \u20b9170<\/strong>
Explanation:<\/strong>
Loss = 15% of 200 = 30,
SP = CP \u2013 Loss = 200 \u2013 30 = \u20b9170.<\/p>\n\n\n\n

28.If SP = \u20b91,200 and profit = 25%, find the cost price<\/mark><\/strong>.<\/p>\n\n\n\n

a) \u20b9900
b) \u20b9950
c) \u20b9960
d) \u20b91,000
Answer: a) \u20b9960<\/strong>
Explanation:<\/strong>
SP = CP \u00d7 (1 + 25\/100) = CP \u00d7 1.25,
CP = 1200 \u00f7 1.25 = \u20b9960.<\/p>\n\n\n\n

29.A cycle was sold for \u20b91,500 at a loss of 20%. Find its cost price.<\/mark><\/strong>
a) \u20b91,700
b) \u20b91,800
c) \u20b91,875
d) \u20b92,000
Answer: c) \u20b91,875<\/strong>
Explanation:<\/strong>
SP = CP \u00d7 (1 \u2013 20\/100) = 0.8 \u00d7 CP,
1500 = 0.8 \u00d7 CP \u2192 CP = 1500 \u00f7 0.8 = \u20b91,875.<\/p>\n\n\n\n

30.An article bought for \u20b92,400 is sold for \u20b93,000. Find the profit percentage.<\/mark><\/strong>
a) 20%
b) 22%
c) 25%
d) 30%
Answer: c) 25%<\/strong>
Explanation:<\/strong>
Profit = SP \u2013 CP = 3000 \u2013 2400 = 600,
%Profit = (600\/2400) \u00d7 100 = 25%.<\/p>\n\n\n\n

31.If a man buys a pen for \u20b950 and sells it at \u20b965, find his profit %.<\/mark><\/strong>
a) 20%
b) 25%
c) 28%
d) 30%
Answer: b) 30%<\/strong>
Explanation:<\/strong>
Profit = 65 \u2013 50 = 15,
%Profit = (15\/50) \u00d7 100 = 30%.<\/p>\n\n\n\n

32.A shopkeeper bought an article at \u20b9300 and sold it at a loss of 10%. Find the selling price<\/mark><\/strong>.
a) \u20b9260
b) \u20b9270
c) \u20b9280
d) \u20b9290
Answer: b) \u20b9270<\/strong>
Explanation:<\/strong>
Loss = 10% of 300 = 30,
SP = CP \u2013 Loss = 300 \u2013 30 = \u20b9270.<\/p>\n\n\n\n

33.A person sells a watch for \u20b9840 at a profit of 20%. Find the cost price.<\/mark><\/strong>
a) \u20b9680
b) \u20b9700
c) \u20b9720
d) \u20b9750
Answer: c) \u20b9700<\/strong>
Explanation:<\/strong>
SP = CP \u00d7 (1.20),
CP = 840 \u00f7 1.2 = \u20b9700.<\/p>\n\n\n\n

34.A dealer sold a TV at a loss of 15% for \u20b98,500. Find the cost price<\/mark><\/strong>.
a) \u20b99,500
b) \u20b99,800
c) \u20b910,000
d) \u20b910,200
Answer: c) \u20b910,000<\/strong>
Explanation:<\/strong>
SP = CP \u00d7 (0.85),
8500 = 0.85 \u00d7 CP \u2192 CP = 8500 \u00f7 0.85 = \u20b910,000.<\/p>\n\n\n\n

35.A chair is bought at \u20b91,500 and sold at \u20b91,650. Find the profit %<\/mark><\/strong>.a) 8%
b) 9%
c) 10%
d) 12%
Answer: c) 10%<\/strong>
Explanation:<\/strong>
Profit = 1650 \u2013 1500 = 150,
%Profit = (150\/1500) \u00d7 100 = 10%.<\/p>\n\n\n\n

36.A man buys 25 mangoes for \u20b9200. He sells them at \u20b912 each. Find the gain %<\/mark><\/strong>.
a) 40%
b) 45%
c) 50%
d) 60%
Answer: c) 50%<\/strong>
Explanation:<\/strong>
CP of 25 = 200,
SP of 25 = 25 \u00d7 12 = 300,
Profit = 100,
%Profit = (100\/200) \u00d7 100 = 50%.<\/p>\n\n\n\n

37.A trader bought a fan for \u20b91,200 and sold it at \u20b91,500. Find profit %<\/mark><\/strong>.
a) 20%
b) 22%
c) 24%
d) 25%
Answer: d) 25%<\/strong>
Explanation:<\/strong>
Profit = 1500 \u2013 1200 = 300,
%Profit = (300\/1200) \u00d7 100 = 25%.<\/p>\n\n\n\n

38.A man sells an article at 20% loss. If the selling price is \u20b9800, what is the cost price?<\/mark><\/strong>
a) \u20b9900
b) \u20b91,000
c) \u20b91,050
d) \u20b91,200
Answer: b) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 0.8 \u00d7 CP,
800 = 0.8 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

39.If cost price is \u20b94,000 and selling price is \u20b94,600, find profit %.<\/mark><\/strong>
a) 12%
b) 13%
c) 14%
d) 15%
Answer: d) 15%<\/strong>
Explanation:<\/strong>
Profit = 4600 \u2013 4000 = 600,
%Profit = (600\/4000) \u00d7 100 = 15%.<\/p>\n\n\n\n

40.An article is sold at a loss of 25% for \u20b9450. Find the cost price<\/mark><\/strong>.
a) \u20b9500
b) \u20b9550
c) \u20b9600
d) \u20b9650
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 0.75 \u00d7 CP,
450 = 0.75 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

41.A man sells a table for \u20b9880 at a loss of 12%. Find the cost price<\/mark><\/strong>.
a) \u20b9950
b) \u20b91,000
c) \u20b91,020
d) \u20b91,200
Answer: b) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 0.88 \u00d7 CP,
880 = 0.88 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

42.A shopkeeper bought a bag for \u20b91,200 and sold it at a profit of 15%. Find the selling price.<\/mark><\/strong>
a) \u20b91,320
b) \u20b91,350
c) \u20b91,380
d) \u20b91,400
Answer: a) \u20b91,380<\/strong>
Explanation:<\/strong>
SP = CP + Profit = 1200 + (15% of 1200) = 1200 + 180 = 1380.<\/p>\n\n\n\n

43.A person buys an article for \u20b91,500 and sells it for \u20b91,275. Find the loss %<\/mark><\/strong>.
a) 10%
b) 12%
c) 14%
d) 15%
Answer: a) 15%<\/strong>
Explanation:<\/strong>
Loss = 1500 \u2013 1275 = 225,
%Loss = (225\/1500) \u00d7 100 = 15%.<\/p>\n\n\n\n

44.An article sold at 10% loss fetches \u20b9540. Find the cost price<\/mark><\/strong>.
a) \u20b9580
b) \u20b9590
c) \u20b9600
d) \u20b9620
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
540 = 0.9 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

45.A trader sells 100 pencils at \u20b91,200, gaining 20%. Find the cost price of 100 pencils.<\/mark><\/strong>
a) \u20b9900
b) \u20b9950
c) \u20b91,000
d) \u20b91,050
Answer: c) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 1200, Profit = 20%,
CP = 1200 \u00f7 1.2 = \u20b91000.<\/p>\n\n\n\n

46.A shopkeeper gains 15% by selling an article for \u20b9690. Find its cost price.<\/mark><\/strong>
a) \u20b9580
b) \u20b9600
c) \u20b9620
d) \u20b9640
Answer: b) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 1.15 \u00d7 CP,
690 = 1.15 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

47.If an article is sold for \u20b9840 at a gain of 5%, find its cost price.<\/mark><\/strong>
a) \u20b9800
b) \u20b9810
c) \u20b9820
d) \u20b9830
Answer: a) \u20b9800<\/strong>
Explanation:<\/strong>
SP = 1.05 \u00d7 CP,
840 = 1.05 \u00d7 CP \u2192 CP = 800.<\/p>\n\n\n\n

48.A dealer bought 20 oranges for \u20b9100 and sold them at \u20b96 each. Find his gain %.<\/mark><\/strong>
a) 15%
b) 18%
c) 20%
d) 25%
Answer: d) 20%<\/strong>
Explanation:<\/strong>
CP of 20 = 100,
SP of 20 = 20 \u00d7 6 = 120,
Profit = 20,
%Profit = (20\/100) \u00d7 100 = 20%.<\/p>\n\n\n\n

49.A toy is bought for \u20b9250 and sold for \u20b9325. Find the profit %.<\/mark><\/strong>
a) 28%
b) 29%
c) 30%
d) 31%
Answer: b) 30%<\/strong>
Explanation:<\/strong>
Profit = 325 \u2013 250 = 75,
%Profit = (75\/250) \u00d7 100 = 30%.<\/p>\n\n\n\n

50.A man buys a bag for \u20b9750 and sells it at a loss of 12%. Find the selling price.<\/mark><\/strong>
a) \u20b9640
b) \u20b9650
c) \u20b9660
d) \u20b9670
Answer: b) \u20b9660<\/strong>
Explanation:<\/strong>
Loss = 12% of 750 = 90,
SP = CP \u2013 Loss = 750 \u2013 90 = \u20b9660.<\/p>\n\n\n\n

51.A book was bought at \u20b9480 and sold at a profit of 12.5%. Find the selling price<\/mark><\/strong>.
a) \u20b9530
b) \u20b9540
c) \u20b9550
d) \u20b9560
Answer: b) \u20b9540<\/strong>
Explanation:<\/strong>
Profit = 12.5% of 480 = 60,
SP = 480 + 60 = \u20b9540.<\/p>\n\n\n\n

52.A trader sold a radio at a loss of 10% for \u20b9810. Find the cost price<\/mark><\/strong>.
a) \u20b9880
b) \u20b9890
c) \u20b9900
d) \u20b9910
Answer: c) \u20b9900<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
810 = 0.9 \u00d7 CP \u2192 CP = 900.<\/p>\n\n\n\n

53.An article was sold for \u20b9720 at a gain of 20%. Find the cost price<\/mark><\/strong>.
a) \u20b9580
b) \u20b9590
c) \u20b9600
d) \u20b9610
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 1.2 \u00d7 CP,
720 = 1.2 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

54.A dealer sold an article for \u20b91,140, making a profit of 14.28%. Find the cost price.<\/mark><\/strong>
a) \u20b9980
b) \u20b9990
c) \u20b91,000
d) \u20b91,010
Answer: c) \u20b91,000<\/strong>
Explanation:<\/strong>
Profit = 14.28% \u2248 1\/7,
SP = CP \u00d7 (8\/7),
CP = 1140 \u00d7 (7\/8) = \u20b91000.<\/p>\n\n\n\n

55.An article was sold at a loss of 25% for \u20b9450. Find the cost price.<\/mark><\/strong>
a) \u20b9550
b) \u20b9560
c) \u20b9600
d) \u20b9650
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 0.75 \u00d7 CP,
450 = 0.75 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

56.A man buys a shirt for \u20b9240 and sells it for \u20b9288. Find the profit %.<\/mark><\/strong>
a) 18%
b) 19%
c) 20%
d) 21%
Answer: c) 20%<\/strong>
Explanation:<\/strong>
Profit = 288 \u2013 240 = 48,
%Profit = (48\/240) \u00d7 100 = 20%.<\/p>\n\n\n\n

57.A trader sells a fan for \u20b91,380 at 15% loss. Find the cost price.<\/mark><\/strong>
a) \u20b91,500
b) \u20b91,600
c) \u20b91,620
d) \u20b91,700
Answer: c) \u20b91,620<\/strong>
Explanation:<\/strong>
SP = 0.85 \u00d7 CP,
1380 = 0.85 \u00d7 CP \u2192 CP = 1620.<\/p>\n\n\n\n

58.A shopkeeper bought an article for \u20b9600 and sold it at 10% gain. Find the selling price.<\/mark><\/strong>
a) \u20b9640
b) \u20b9650
c) \u20b9660
d) \u20b9670
Answer: c) \u20b9660<\/strong>
Explanation:<\/strong>
Profit = 10% of 600 = 60,
SP = 600 + 60 = \u20b9660.<\/p>\n\n\n\n

59.A man buys a bat for \u20b9750 and sells it for \u20b9900. Find his profit %<\/mark><\/strong>.
a) 18%
b) 20%
c) 22%
d) 24%
Answer: b) 20%<\/strong>
Explanation:<\/strong>
Profit = 900 \u2013 750 = 150,
%Profit = (150\/750) \u00d7 100 = 20%.<\/p>\n\n\n\n

60.A toy bought for \u20b9400 is sold at a loss of 12%. Find the selling price.<\/mark><\/strong>
a) \u20b9340
b) \u20b9350
c) \u20b9352
d) \u20b9360
Answer: c) \u20b9352<\/strong>
Explanation:<\/strong>
Loss = 12% of 400 = 48,
SP = 400 \u2013 48 = \u20b9352.<\/p>\n\n\n\n

61.A dealer sells an article for \u20b91,350 making a gain of 12.5%. Find its cost price.<\/mark><\/strong>
a) \u20b91,180
b) \u20b91,190
c) \u20b91,200
d) \u20b91,210
Answer: c) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.125 \u00d7 CP,
1350 = 1.125 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

62.A trader bought a radio for \u20b9720 and sold it at a loss of 20%. Find the selling price.<\/mark><\/strong>
a) \u20b9560
b) \u20b9570
c) \u20b9576
d) \u20b9580
Answer: c) \u20b9576<\/strong>
Explanation:<\/strong>
Loss = 20% of 720 = 144,
SP = 720 \u2013 144 = \u20b9576.<\/p>\n\n\n\n

63.If SP of an article is \u20b92,640 at 10% profit, find the cost price<\/mark>.
<\/strong>a) \u20b92,360
b) \u20b92,380
c) \u20b92,400
d) \u20b92,420
Answer: c) \u20b92,400<\/strong>
Explanation:<\/strong>
SP = 1.1 \u00d7 CP,
2640 = 1.1 \u00d7 CP \u2192 CP = 2400.<\/p>\n\n\n\n

64.An article is sold for \u20b9540 at a loss of 10%. Find the cost price.<\/mark><\/strong>
a) \u20b9580
b) \u20b9590
c) \u20b9600
d) \u20b9610
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
540 = 0.9 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

65.<\/strong>A shopkeeper sells a book for \u20b9880 and gains 10%. Find the cost price<\/mark>.
a) \u20b9780
b) \u20b9800
c) \u20b9820
d) \u20b9840
Answer: b) \u20b9800<\/strong>
Explanation:<\/strong>
SP = 1.1 \u00d7 CP,
880 = 1.1 \u00d7 CP \u2192 CP = 800.<\/p>\n\n\n\n

66.A trader bought 20 articles for \u20b91,200 and sold them at \u20b972 each. Find the profit %.<\/mark><\/strong>
a) 18%
b) 20%
c) 22%
d) 24%
Answer: b) 20%<\/strong>
Explanation:<\/strong>
CP of 20 = 1200 \u2192 CP per article = 60,
SP per article = 72,
Profit = 12,
%Profit = (12\/60) \u00d7 100 = 20%.<\/p>\n\n\n\n

67.A dealer bought a chair for \u20b9850 and sold it at a loss of 15%. Find the selling price.<\/mark><\/strong>
a) \u20b9710
b) \u20b9720
c) \u20b9722.50
d) \u20b9725
Answer: c) \u20b9722.50<\/strong>
Explanation:<\/strong>
Loss = 15% of 850 = 127.50,
SP = 850 \u2013 127.50 = 722.50.<\/p>\n\n\n\n

68.If an article is sold at 25% gain for \u20b9500, find its cost price<\/mark><\/strong>.
a) \u20b9390
b) \u20b9400
c) \u20b9410
d) \u20b9420
Answer: b) \u20b9400<\/strong>
Explanation:<\/strong>
SP = 1.25 \u00d7 CP,
500 = 1.25 \u00d7 CP \u2192 CP = 400.<\/p>\n\n\n\n

69.A man sells an article for \u20b9900 at 10% loss. Find its cost price.<\/mark><\/strong>
a) \u20b9980
b) \u20b91,000
c) \u20b91,020
d) \u20b91,040
Answer: b) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
900 = 0.9 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

70.A shopkeeper sells a bag for \u20b91,260 at a profit of 5%. Find its cost price.<\/mark><\/strong>
a) \u20b91,180
b) \u20b91,190
c) \u20b91,200
d) \u20b91,210
Answer: c) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.05 \u00d7 CP,
1260 = 1.05 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

71.A table bought for \u20b91,400 is sold at a profit of 12%. Find the selling price<\/mark><\/strong>.
a) \u20b91,560
b) \u20b91,565
c) \u20b91,568
d) \u20b91,570
Answer: a) \u20b91,568<\/strong>
Explanation:<\/strong>
Profit = 12% of 1400 = 168,
SP = 1400 + 168 = 1568.<\/p>\n\n\n\n

72.An article was bought at \u20b91,800 and sold at \u20b91,620. Find the loss %.<\/mark><\/strong>
a) 8%
b) 9%
c) 10%
d) 12%
Answer: c) 10%<\/strong>
Explanation:<\/strong>
Loss = 1800 \u2013 1620 = 180,
%Loss = (180\/1800) \u00d7 100 = 10%.<\/p>\n\n\n\n

73.A trader sold a clock at a gain of 16.66% for \u20b9700. Find the cost price.<\/mark><\/strong>
a) \u20b9580
b) \u20b9590
c) \u20b9600
d) \u20b9610
Answer: c) \u20b9600<\/strong>
Explanation:<\/strong>
Gain = 16.66% = 1\/6,
SP = CP \u00d7 (7\/6),
700 = 7\/6 \u00d7 CP \u2192 CP = 600.<\/p>\n\n\n\n

74.If an article is sold at a loss of 20% for \u20b91,600, find its cost price.<\/mark><\/strong>
a) \u20b91,900
b) \u20b92,000
c) \u20b92,100
d) \u20b92,200
Answer: b) \u20b92,000<\/strong>
Explanation:<\/strong>
SP = 0.8 \u00d7 CP,
1600 = 0.8 \u00d7 CP \u2192 CP = 2000.<\/p>\n\n\n\n

75.A cycle is bought for \u20b91,200 and sold for \u20b91,500. Find the gain %.<\/mark><\/strong>
a) 22%
b) 24%
c) 25%
d) 28%
Answer: c) 25%<\/strong>
Explanation:<\/strong>
Profit = 1500 \u2013 1200 = 300,
%Profit = (300\/1200) \u00d7 100 = 25%.<\/p>\n\n\n\n

76.A man buys a watch for \u20b91,500 and sells it for \u20b91,800. Find his profit %.<\/mark><\/strong>
a) 15%
b) 18%
c) 20%
d) 22%
Answer: c) 20%<\/strong>
Explanation:<\/strong>
Profit = 1800 \u2013 1500 = 300,
%Profit = (300\/1500) \u00d7 100 = 20%.<\/p>\n\n\n\n

77.A trader sells a radio for \u20b9720 at a loss of 10%. Find the cost price.<\/mark><\/strong>
a) \u20b9780
b) \u20b9800
c) \u20b9810
d) \u20b9820
Answer: b) \u20b9800<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
720 = 0.9 \u00d7 CP \u2192 CP = 800.<\/p>\n\n\n\n

78.A shopkeeper sells an article for \u20b91,350 at a profit of 12.5%. Find the cost price.<\/mark><\/strong>
a) \u20b91,180
b) \u20b91,200
c) \u20b91,220
d) \u20b91,250
Answer: b) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.125 \u00d7 CP,
1350 = 1.125 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

79.An article is sold for \u20b9900 at 20% gain. Find the cost price.<\/mark><\/strong>
a) \u20b9700
b) \u20b9720
c) \u20b9750
d) \u20b9770
Answer: c) \u20b9750<\/strong>
Explanation:<\/strong>
SP = 1.2 \u00d7 CP,
900 = 1.2 \u00d7 CP \u2192 CP = 750.<\/p>\n\n\n\n

80.A trader bought an article for \u20b92,400 and sold it for \u20b92,100. Find the loss %.<\/mark><\/strong>
a) 10%
b) 12.5%
c) 15%
d) 20%
Answer: b) 12.5%<\/strong>
Explanation:<\/strong>
Loss = 2400 \u2013 2100 = 300,
%Loss = (300\/2400) \u00d7 100 = 12.5%.<\/p>\n\n\n\n

81.A man sells a bag for \u20b91,260 at a profit of 5%. Find the cost price.<\/mark><\/strong>
a) \u20b91,200
b) \u20b91,210
c) \u20b91,220
d) \u20b91,230
Answer: a) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.05 \u00d7 CP,
1260 = 1.05 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

82.An article is sold at a loss of 15% for \u20b9595. Find the cost price.<\/mark><\/strong>
a) \u20b9690
b) \u20b9700
c) \u20b9710
d) \u20b9720
Answer: b) \u20b9700<\/strong>
Explanation:<\/strong>
SP = 0.85 \u00d7 CP,
595 = 0.85 \u00d7 CP \u2192 CP = 700.<\/p>\n\n\n\n

83.A trader bought an article for \u20b91,000 and sold it at 20% gain. Find the selling price<\/mark><\/strong>.
a) \u20b91,180
b) \u20b91,200
c) \u20b91,220
d) \u20b91,250
Answer: b) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.2 \u00d7 CP = 1.2 \u00d7 1000 = 1200.<\/p>\n\n\n\n

84.A man sells a watch for \u20b91,080 at 10% loss. Find the cost price.<\/mark><\/strong>
a) \u20b91,180
b) \u20b91,200
c) \u20b91,220
d) \u20b91,250
Answer: b) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
1080 = 0.9 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

85.An article bought at \u20b9750 is sold at \u20b9900. Find the profit %.<\/mark><\/strong>
a) 18%
b) 20%
c) 22%
d) 25%
Answer: b) 20%<\/strong>
Explanation:<\/strong>
Profit = 900 \u2013 750 = 150,
%Profit = (150\/750) \u00d7 100 = 20%.<\/p>\n\n\n\n

86.A shopkeeper bought a fan for \u20b91,000 and sold it for \u20b91,150. Find the gain %<\/mark><\/strong>.
a) 12%
b) 14%
c) 15%
d) 16%
Answer: c) 15%<\/strong>
Explanation:<\/strong>
Profit = 1,150 \u2013 1,000 = 150,
%Profit = (150\/1,000) \u00d7 100 = 15%.<\/p>\n\n\n\n

Q87.A man sold an article for \u20b91,620 at a loss of 10%. Find the cost price<\/strong>.<\/mark>
a) \u20b91,700
b) \u20b91,800
c) \u20b91,820
d) \u20b91,850
Answer: b) \u20b91,800<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
1620 = 0.9 \u00d7 CP \u2192 CP = 1800.<\/p>\n\n\n\n

88.An article was sold at 25% gain for \u20b91,250. Find the cost price.<\/mark><\/strong>
a) \u20b9900
b) \u20b9950
c) \u20b91,000
d) \u20b91,050
Answer: c) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 1.25 \u00d7 CP,
1250 = 1.25 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

89.A shopkeeper bought an article for \u20b91,500 and sold it for \u20b91,350. Find the loss %.<\/mark><\/strong>
a) 8%
b) 9%
c) 10%
d) 12%
Answer: c) 10%<\/strong>
Explanation:<\/strong>
Loss = 1500 \u2013 1350 = 150,
%Loss = (150\/1500) \u00d7 100 = 10%.<\/p>\n\n\n\n

90.A trader sells an article for \u20b91,800 at a profit of 20%. Find the cost price.<\/mark><\/strong>
a) \u20b91,400
b) \u20b91,450
c) \u20b91,500
d) \u20b91,600
Answer: c) \u20b91,500<\/strong>
Explanation:<\/strong>
SP = 1.2 \u00d7 CP,
1800 = 1.2 \u00d7 CP \u2192 CP = 1500.<\/p>\n\n\n\n

91.A man sold an article for \u20b9720 at 10% profit. Find the cost price.<\/mark><\/strong>
a) \u20b9640
b) \u20b9650
c) \u20b9660
d) \u20b9675
Answer: c) \u20b9660<\/strong>
Explanation:<\/strong>
SP = 1.1 \u00d7 CP,
720 = 1.1 \u00d7 CP \u2192 CP = 660.<\/p>\n\n\n\n

92.An article was sold for \u20b9900 at a loss of 10%. Find the cost price<\/mark><\/strong>.
a) \u20b9980
b) \u20b9990
c) \u20b91,000
d) \u20b91,010
Answer: c) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
900 = 0.9 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

93.A trader sells an article for \u20b91,125 at 12.5% gain. Find the cost price.<\/mark><\/strong>
a) \u20b91,000
b) \u20b91,010
c) \u20b91,020
d) \u20b91,030
Answer: a) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 1.125 \u00d7 CP,
1125 = 1.125 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

94.An article bought for \u20b91,500 is sold at \u20b91,350. Find the loss %.<\/mark><\/strong>
a) 8%
b) 9%
c) 10%
d) 12%
Answer: c) 10%<\/strong>
Explanation:<\/strong>
Loss = 1500 \u2013 1350 = 150,
%Loss = (150\/1500) \u00d7 100 = 10%.<\/p>\n\n\n\n

95.A man buys an article for \u20b92,000 and sells it at 25% profit. Find the selling price<\/mark><\/strong>.
a) \u20b92,400
b) \u20b92,450
c) \u20b92,500
d) \u20b92,550
Answer: c) \u20b92,500<\/strong>
Explanation:<\/strong>
SP = CP \u00d7 1.25 = 2000 \u00d7 1.25 = 2500.<\/p>\n\n\n\n

96.A shopkeeper sold a chair for \u20b91,080 at a gain of 8%. Find the cost price.<\/mark><\/strong>
a) \u20b91,000
b) \u20b91,010
c) \u20b91,020
d) \u20b91,030
Answer: a) \u20b91,000<\/strong>
Explanation:<\/strong>
SP = 1.08 \u00d7 CP,
1080 = 1.08 \u00d7 CP \u2192 CP = 1000.<\/p>\n\n\n\n

97.A trader bought an article for \u20b91,800 and sold it at \u20b91,620. Find the loss %.<\/mark><\/strong>
a) 8%
b) 9%
c) 10%
d) 12%
Answer: c) 10%<\/strong>
Explanation:<\/strong>
Loss = 1800 \u2013 1620 = 180,
%Loss = (180\/1800) \u00d7 100 = 10%.<\/p>\n\n\n\n

98.A man sells an article for \u20b91,260 at 5% profit. Find the cost price.<\/mark><\/strong>
a) \u20b91,200
b) \u20b91,210
c) \u20b91,220
d) \u20b91,230
Answer: a) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.05 \u00d7 CP,
1260 = 1.05 \u00d7 CP \u2192 CP = 1200.<\/p>\n\n\n\n

99.A trader sells an article for \u20b91,620 at 10% loss. Find the cost price.
<\/mark><\/strong>a) \u20b91,700
b) \u20b91,800
c) \u20b91,820
d) \u20b91,850
Answer: b) \u20b91,800<\/strong>
Explanation:<\/strong>
SP = 0.9 \u00d7 CP,
1620 = 0.9 \u00d7 CP \u2192 CP = 1800.<\/p>\n\n\n\n

100.A man sells a bag for \u20b91,500 at a profit of 25%. Find the cost price.<\/mark><\/strong>
a) \u20b91,100
b) \u20b91,150
c) \u20b91,200
d) \u20b91,250
Answer: c) \u20b91,200<\/strong>
Explanation:<\/strong>
SP = 1.25 \u00d7 CP,
1500 = 1.25 \u00d7 CP \u2192 CP = 1,200.<\/p>\n","protected":false},"excerpt":{"rendered":"

1. A shopkeeper buys an article for \u20b9500 and sells it for \u20b9600. Find the profit percentage.A) 10%B) 15%C) 20%D) 25%Answer: C) 20%Explanation: Profit = 600 \u2013 500 = \u20b9100.Profit % = (100\/500) \u00d7 100 = 20%. 2. If cost price = \u20b9250 and selling price = \u20b9200, find the loss percentage.A) 15%B) 18%C) 20%D)<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"[]"},"categories":[3],"tags":[12983,12181,13046,12975,12964,12978,4029,5649,5623,13043,13050,13054,13051,13047,13037,13042,13040,13048,13038,13056,13052,13045,13044,13053,13039,13055,10939,13049,13057],"class_list":{"0":"post-12538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-mathematics","7":"tag-competitive-exams","8":"tag-exam-preparation","9":"tag-heres-a-set-of-top-keyword-tags-for-profit-and-loss-top-100-mcqs-with-explanation-mathematics","10":"tag-math-exercises","11":"tag-math-mcqs","12":"tag-math-practice","13":"tag-mcqs-adda","14":"tag-mcqs-for-pc-psi-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-exams","15":"tag-mcqs-for-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-exams","16":"tag-profit-and-loss-examples","17":"tag-profit-and-loss-exercises","18":"tag-profit-and-loss-for-students","19":"tag-profit-and-loss-formulas","20":"tag-profit-and-loss-learning","21":"tag-profit-and-loss-mcqs","22":"tag-profit-and-loss-notes","23":"tag-profit-and-loss-practice","24":"tag-profit-and-loss-problems","25":"tag-profit-and-loss-questions","26":"tag-profit-and-loss-questions-with-answers","27":"tag-profit-and-loss-quiz","28":"tag-profit-and-loss-revision","29":"tag-profit-and-loss-solutions","30":"tag-profit-and-loss-study-material","31":"tag-profit-and-loss-test","32":"tag-profit-and-loss-tips","33":"tag-profit-and-loss-top-100-mcqs-with-answer-and-explanation","34":"tag-profit-and-loss-tricks","35":"tag-profit-and-loss-tutorials"},"_links":{"self":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/12538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/comments?post=12538"}],"version-history":[{"count":6,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/12538\/revisions"}],"predecessor-version":[{"id":15421,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/12538\/revisions\/15421"}],"wp:attachment":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/media?parent=12538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/categories?post=12538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/tags?post=12538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}