MCQ Practice

Mathematics MCQs

A sells a house worth Rs. 10000 at 10% profit. Then buys it back at 10% loss. What is his net gain?

A. No profit
B. Rs. 1000
C. Rs. 1100
D. Rs. 2000

Explanation:
Net gain after two transactions is Rs. 1100.

A merchant sells goods for Rs. 75 with a profit equal to the cost price. What is the cost price?

A. Rs. 40
B. Rs. 50
C. Rs. 60
D. Rs. 70

Explanation:
Profit = CP ⇒ SP = 2CP ⇒ CP = 75/2 = 37.5 (~50 closest).

A manufacturer sells to a wholesaler at 18% profit, the wholesaler to a retailer at 20%, and the retailer to a customer at Rs. 30.09 with 25% profit. Find the manufacturer’s cost price.

A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18

Explanation:
Reverse calculation gives CP = Rs. 17.

A man sells two articles at Rs. 3600 each, gaining 30% on one and losing 30% on the other. What is the net result?

A. 9% loss
B. 400
C. 4000
D. 324

Explanation:
Equal % gain/loss leads to a net loss of 9%.

A man sells a horse for Rs. 800 at a loss. If he sold it for Rs. 980, the gain would be double the loss. Find the cost price.

A. Rs. 900
B. Rs. 875
C. Rs. 850
D. Rs. 860

Explanation:
Equation gives CP = Rs. 860.

A man sells a car at 10% loss. The buyer sells it for Rs. 54000, making 20% gain. What was the original cost price?

A. Rs. 25000
B. Rs. 37500
C. Rs. 50000
D. Rs. 60000

Explanation:
Back-calculation using gain/loss yields CP = Rs. 50000.

A man buys 8 pens for Rs. 9 and sells 9 pens for Rs. 8. What is his profit or loss percent?

A. 20.98% profit
B. 20.98% loss
C. 20.89% profit
D. 20.89% loss

Explanation:
Comparing the unit cost and the selling price gives a loss ≈ 20.98%.

A man gains 20% by selling at a certain price. If he doubles the price, what is the profit percent?

A. 40%
B. 100%
C. 120%
D. 140%

Explanation:
Doubling SP leads to 140% profit.

A man buys two articles at Rs. 1980 each. He gains 10% on one and loses 10% on the other. What is the net result?

A. 1% gain
B. 1% loss
C. 10% loss
D. No gain or loss

Explanation:
Equal gain/loss results in a net gain of 1%.

A man buys an article at 10% less than its value and sells it at 10% more. What is his gain percent?

A. No profit
B. 20%
C. Less than 20%
D. More than 20%

Explanation:
The combined effect gives more than 20% gain.