Profit and Loss 3 – Aptitude GK MCQ ( लाभ और हानि 3 )
Prepare for your upcoming exams with a comprehensive collection of multiple-choice questions (MCQs) on Profit and Loss. This page features carefully selected MCQs from previous year papers of various sectors, including UPSC IAS and more. Sharpen your understanding of profit, loss, cost price, selling price, and related concepts through these practice questions. Start your preparation today and enhance your problem-solving skills in the domain of Profit and Loss.
Brief: Are you looking for a reliable resource to practice multiple-choice questions (MCQs) on Profit and Loss? Look no further! Our dedicated page offers a vast assortment of MCQs sourced from previous year papers of renowned exams, including UPSC IAS and various sectors. Designed to help you prepare effectively, these questions cover a wide range of topics related to profit, loss, cost price, selling price, and more.
Mastering the concept of Profit and Loss is crucial for many competitive exams, and our carefully curated collection of MCQs ensures you receive comprehensive practice in this domain. By solving these questions, you will not only gain confidence in tackling Profit and Loss problems but also improve your overall problem-solving skills.
The MCQs on this page are meticulously selected from various sectors, ensuring a diverse range of questions that cater to different exam patterns. Whether you are preparing for the UPSC IAS exam or other competitive exams, our MCQs will provide you with the necessary practice and boost your performance.
Prepare for your exams efficiently by accessing this page dedicated to Profit and Loss MCQs. Solve the questions, evaluate your performance, and identify areas that require further attention. Stay ahead of the competition and maximize your chances of success by making the most of this invaluable resource.
Profit and Loss 3 – Aptitude GK MCQ – Previous Year Questions
Question:
A retailer increase the selling price by 25% due to which his profit percentage increases from 20% to 25%. What is the percentage increase in cost price ?
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Question:
The price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500.What is the new profit percentage if instead of two successive discount the markup price was further increased successively two times by the same percentage?
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I wanted to purchase 10 chairs for the class room whose cost was Rs. 200 each. the trader offered me a discount if I were to purchase a set of 12 chairs. So I calculated that if I assume the normal price of 10 chairs then we can purchase 2 extra chairs which cost me only Rs. 80 each of two chairs at the cost price of 12 chairs after discount. What is the percentage discount?
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Question:
The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service center told me that for the second service within a year a customer can avail a 10% discount and further for third and forth servicing he can avail 10% discount of the previous amount paid, within a year Further if a customer gets more than 4 services within a year he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, What is the total percentage discount fetched by the customer?
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Question:
Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?
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Question:
A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. What is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?
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Question:
The cost of setting up a magazine is Rs. 2800. The cost of paper and ink etc is Rs. 80 per 100 copies and printing cost is Rs.160 per 100 copies. In the last month 2000 copies were printed but only 1500 copies could be sold at Rs. 5 each. Total 25% profit on the sale price was realized. There is one more resource of income from the magazine which is advertising. What some of money was obtained from the advertising in magazine?
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BSNL charges a fixed rental of Rs. 350/month. It allows 200 calls free per month. Each call is charged at Rs.1.4 when the number of calls exceeds 200/month and it charges Rs.1.6 when the number of calls exceeds 400/month and so on. A customer made 150 calls in February and 250 calls in March. By how much percent the each call is cheaper in March then each call is February?
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Question:
Tika Chand has a weighing balance in which there is a technical fault. The right pan of his balance measure always 200 g more than its left pan.Tika Chand as usual misutilise this balance in his business. While purchasing the articles he puts goods in the left pan and weight in the right pan while selling he reverse the order i.e., goods in the right pan and weight in the left pan. He use only 2 kg weight for the measurement and to measure 2n kg weight he measures n times by 2-2 kg but he sells goods at cost price. What is his profit percentage?
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Akram Miya has two types of grapes. One is the fresh grapes containing 80% water and dry grapes containing 25% water. He sells 20 kg dry grapes, by adding water to the dry grapes, at cost price. What is the total profit percentage when after adding water the weight of 20 kg dry grapes increase in the proportion of water in fresh grapes?
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Question:
Pankaj and Sushil invested some amount of money in the ratio of 3 : 5 for the same period in the business.They decided that at the end of the year 20% profit was to be given to AIDS Control Society of india as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals.If the difference in there share is Rs. 1200. Find the total profit?
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Question:
Jagran group launched a new magazine in January 2004. The group printed 10000 copies initially for Rs. 50000. It distributed 20% of its stock freely as specimen copy and 25% of the rest magazine are sold at 25% discount and rest at 16.66% discount whose printing price was Rs.12 per copy. What is the overall gain or loss in the first month's issue of magazine, if the magazine could not realize the income from advertisements or other resources?
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Teenagers shoe company sells the shoes whose prices i.e.,cost price and selling price are the multiples of either 13,14,15,16,17,18 or 19, starting from Rs. 399 to Rs.699 (i.e, 399 <_ CP/SP <_ 699). What can be the maximum profit of the company?
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Question:
In the Bargain Bazar everyone purchase with a fair bargaining, so the traders markup the prices too much. A trader marked up an article at Rs. M expected huge profit if it is sold on the marked price. But a customer purchased it at M/2 with his fine bargaining skills, so the expected profit of the trader diminished by 66.66%. What is the percentage discount fetched by the customer through bargaining?
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Question:
Jhun Jhunwala makes 1000 toys and incurs a cost of Rs. 1.2 for each toy. He marks-up the price in such a way that if he sells only 70% of manufactured toys he will realize 16.66% overall profit. He sells only 750 articles at the marked price since rest of the toys are found to be defective so can't be sold. What is the net profit or loss of Jhun Jhunwala?
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Question:
Anupam sells a painting to Bhargava at 4/5th the rate of profit at which Bhargava sells it to Chaudhary. Further Chaudhary sells it to Dara Singh at half the rate of profit at which Anupam sold it to Bhargava. If Chaudhary earns a profit of 10% by selling it to Dara Singh for Rs. 2805. What is the cost price of painting from Bhargava?
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Rotomac produces very fine quality of writing pens. Company knows that on average 10% of the produced pens are always defective so are rejected before packing. Company promises to deliver 7200 pens to its wholesaler at Rs. 10 each. It estimates the overall profit on all the manufactured pens to be 25%. What is the manufacturing cost of each pen?
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Prathiba printers prepares diaries expecting to earn a profit of 40% by selling on the marked price. But during transportation 8% diaries were got spoiled due to at random rain and 32% could be sold only at 75% of the cost price. Thus the remaining 60% diaries could be sold at the expected price. What is the net profit or loss in the whole consignment?
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Question:
Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 14 2/4% discount and rest at 25% discount. What is the net profit of Radhey Lal?
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Question:
A trader marks up his goods by 80% and gives discount of 25%. Besides it he weighs 10% less amount while selling his goods. What is the net profit of trader?
