Selected MCQ

Current Question
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 1
A shopkeeper marks goods 20% above cost and allows 30% discount. What is net profit/loss percent?
  • A. 8% profit
  • B. 10% loss
  • C. 16% loss
  • D. 20% loss
Correct Answer: C
Explanation:
Effective loss = 1 − (1.2 × 0.7) = 16%.
Related Question 2
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
Correct Answer: C
Explanation:
Net gain after two transactions is Rs. 1100.
Related Question 3
A shopkeeper buys 70 kg of potatoes for Rs. 420 and sells them at a profit. What is the gain percent?
  • A. 4⅙%
  • B. 6⅙%
  • C. 8⅓%
  • D. 20%
Correct Answer: C
Explanation:
Profit ÷ cost ×100.
Related Question 4
A shopkeeper incurs 15% loss. If the selling price is Rs. 102, what is the gain price for a 20% profit?
  • A. Rs. 150
  • B. Rs. 144
  • C. Rs. 138
  • D. Rs. 132
Correct Answer: B
Explanation:
First, find the cost price, then add 20%.
Related Question 5
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.