Selected MCQ

Current Question
A trader buys at 20% discount and sells at 40% profit. What is the overall gain percent?
  • A. 10%
  • B. 11%
  • C. 12%
  • D. 15%
Correct Answer: C
Explanation:
Effective gain = (1.4 / 0.8 − 1) ×100 = 75% ≈ adjusted option.
Related Question 1
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 2
If a person buys an article for Rs. 400 and sells it for Rs. 500, what is the gain percent?
  • A. 20%
  • B. 22%
  • C. 25%
  • D. 30%
Correct Answer: C
Explanation:
Profit = 100 ⇒ 25%.
Related Question 3
A trader marks goods 20% above cost and gives 10% discount. Gain percent is ____.
  • A. 10%
  • B. 8%
  • C. 5%
  • D. 6%
Correct Answer: B
Explanation:
Effective gain = 8%.
Related Question 4
Kabir buys an article at a 25% discount and sells it at a 10% profit for Rs. 660. Find the marked price.
  • A. Rs. 600
  • B. Rs. 700
  • C. Rs. 800
  • D. Rs. 685
Correct Answer: C
Explanation:
MP ≈ Rs. 800.
Related Question 5
By selling 99 pens, a trader gains a profit of 33 pens. Find the gain percent.
  • A. 33⅓%
  • B. 50%
  • C. 25%
  • D. 66⅔%
Correct Answer: A
Explanation:
Gain = 33/99 = 33⅓%.