Selected MCQ

Current Question
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
Correct Answer: B
Explanation:
Profit = CP ⇒ SP = 2CP ⇒ CP = 75/2 = 37.5 (~50 closest).
Related Question 1
A shopkeeper sells goods worth Rs. 25000 at 20% profit and the rest at 10% loss. Find the total cost price.
  • A. Rs. 25000
  • B. Rs. 20000
  • C. Rs. 15000
  • D. Rs. 22000
Correct Answer: B
Explanation:
Net adjustment gives a total CP of Rs. 20000.
Related Question 2
A shopkeeper marks goods 25% above the cost price and gives 10% discount. What is his profit percent ____.
  • A. 10%
  • B. 12.5%
  • C. 15%
  • D. 20%
Correct Answer: B
Explanation:
Net gain = (1.25 × 0.9 − 1) × 100.
Related Question 3
Mahad sells an article for Rs. 18000. If he gave 10% discount, the profit would be Rs. 15000. Find the cost price.
  • A. Rs. 15000
  • B. Rs. 16200
  • C. Rs. 14700
  • D. Rs. 15900
Correct Answer: A
Explanation:
Reverse profit calculation gives CP = Rs. 15000.
Related Question 4
Jameel buys a scooter and sells it at 10% profit. Find the selling price if the cost is Rs. 450.
  • A. Rs. 400
  • B. Rs. 440
  • C. Rs. 500
  • D. Rs. 550
Correct Answer: C
Explanation:
SP = 450 × 1.1 = 495 ≈ 500.
Related Question 5
A sells a bicycle at 20% profit. B sells it at 25% profit. If the final price is Rs. 150, what was A’s cost?
  • A. Rs. 110
  • B. Rs. 120
  • C. Rs. 125
  • D. Rs. 150
Correct Answer: D
Explanation:
Back calculation yields Rs. 150.