# Multiple choice questions (MCQ) on Profit, loss and discount

**1. What would be the printed price of a watch purchased at Rs. 380, so that after giving 5% discount, there is 25% profit?**

a. Rs. 400 b. Rs. 450 c. Rs. 500 d. Rs. 600

** 2. A person A sells a table costing Rs. 2000 to a person B and earns a profit of 6%. The person B sells it to another person C at a loss of 5%. At what price did B sell the table?**

a. Rs. 2054 b. Rs. 2050 c. Rs. 2024 d. Rs. 2014

** 3. A man bought a number of oranges at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen, should he sell them to make a profit of 20%?**

a. Rs. 4 b. Rs. 5 c. Rs. 6 d. Rs. 7

** 4. One saree was purchased for Rs. 564 after getting a discount of 6% and another saree was purchased for Rs. 396 after getting a discount of 1%. Taking both the items as a single transaction, what is the percentage of discount?**

a. 3.5 b. 4 c. 7 d. 7.5

** 5. A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. What is his gain percent?**

a. 10% b. 15% c. 20% d. 25%

** 6. A man sold two watches, each for Rs. 495. If he gained 10% on one watch and suffered a loss of 10% on the other, then what is the loss or gain percentage in the transaction?**

a. 1% gain b. 1% loss c. 100/99% loss d. Non gain no loss

** 7. A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20%.**

a. Rs. 3.25 b. Rs. 3.30 c. Rs. 3.50 d. Rs. 3.60

** 8. Ram on selling 33 chairs of wood obtains a profit equal to the selling price of 11 chairs of wood. What is his profit percentage?**

a. 48% b. 49% c. 50% d. None of the above

** 9. A person bought 110 glass bowls at a rate of Rs. 10 per bowl. He sold 100 of them at Rs. 14 and the remaining broke. What is the percentage gain for A?**

A. 40 b. 300/11 c. 243/7 d. 279/11

** 10. Difference between the selling price of an article at a profit of 15% and at a profit of 10% is Rs. 10. The cost price (in Rs.) of the article is**

a. 100 b. 120 c. 150 d. 200

** 11. The selling price of an article is Rs. 1920 and the discount given is 4%. The marked price of the article is**

a. Rs. 2400 b. Rs. 2000 c. Rs. 1600 d. Rs. 1200

** 12. The single discount which is equivalent to 25%, 20% and 10% is**

a. 55% b. 54% c. 46% d. 45%