Selected MCQ

Current Question
Books are bought between Rs. 200–350 and sold between Rs. 300–425. Maximum possible profit?
  • A. Rs. 400
  • B. Rs. 600
  • C. Cannot determine
  • D. None
Correct Answer: D
Explanation:
Data insufficient for exact value.
Related Question 1
If 11 books are bought for Rs. 10 and sold 10 for Rs. 11, profit percent is ____.
  • A. 10%
  • B. 11%
  • C. 21%
  • D. 100%
Correct Answer: C
Explanation:
Profit ≈ 21%.
Related Question 2
Aftab bought books and sold them. What is the price per book?
  • A. Rs. 20
  • B. Rs. 18
  • C. Rs. 22
  • D. Rs. 16
Correct Answer: B
Explanation:
Average cost calculation.
Related Question 3
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 4
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 5
An article bought at Rs. 675 sold for Rs. 900. Gain percent is ____.
  • A. 16⅔%
  • B. 30%
  • C. 33⅓%
  • D. 33⅙%
Correct Answer: C
Explanation:
Profit/CP ×100.