Profit & Loss Mcqs

Q.  The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 8339 for a computer table, then what was the cost price of the computer table?

a. Rs. 5725
b. Rs. 5275
c. Rs. 6275
d. Rs. 6725
e. None of these


ANSWER: See Answer
 
CP = SP * (100/(100 + profit%))

= 8339(100/124) = Rs. 6725.
MCQs:  A reduction of 25% in the price of oil enables a house wife to obtain 5kgs more for Rs.800, what is the reduced price for kg?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A man purchases 8 pens for Rs.9 and sells 9 pens for Rs.8, how much profit or loss does he make?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The C.P of 15 books is equal to the S.P of 18 books. Find his gain% or loss%?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The C.P of 10 pens is equal to the S.P of 12 pens. Find his gain % or loss%?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  If a man lost 4% by selling oranges at the rate of 12 a rupee at how many a rupee must he sell them to gain 44%?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  A single discount equivalent to the discount series of 20%, 10% and 5% is_______?
Category: Mathematics Quizzes,   Published by: T-Code Scripts