Selected MCQ

Current Question
Aleem buys 4 horses and 9 cows for Rs. 13400. Horses are sold at 10% profit and cows at 20%. What is the total profit?
  • A. Rs. 1000
  • B. Rs. 2000
  • C. Rs. 2500
  • D. Rs. 3000
Correct Answer: B
Explanation:
Weighted profit totals Rs. 2000.
Related Question 1
A man buys an article and sells it at 20% profit. If he had bought it 20% cheaper and sold it for Rs. 75 less, the profit would be 25%. What is the cost price?
  • A. Rs. 370
  • B. Rs. 375
  • C. Rs. 350
  • D. Rs. 300
Correct Answer: B
Explanation:
Solving the simultaneous equations gives CP = Rs. 375.
Related Question 2
If Kashif invests thrice of Nadeem, total profit is Rs. 28000. Share of Kashif is ____.
  • A. Rs. 16000
  • B. Rs. 21000
  • C. Rs. 24000
  • D. Rs. 28000
Correct Answer: B
Explanation:
Ratio 3:1 → Kashif gets ¾ = Rs. 21000.
Related Question 3
If the cost price of an article is Rs. 500 and it is sold at 20% profit, what is the selling price?
  • A. Rs. 550
  • B. Rs. 600
  • C. Rs. 620
  • D. Rs. 650
Correct Answer: B
Explanation:
SP = 500 + 20% of 500 = 600.
Related Question 4
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 5
Masood buys a plot for Rs. 8000 and sells it at 20% profit. The next buyer sells at 20% loss. Find the final cost.
  • A. Rs. 12000
  • B. Rs. 10000
  • C. Rs. 8670
  • D. Rs. 7680
Correct Answer: D
Explanation:
Successive profit/loss leads to Rs. 7680.