Selected MCQ

Current Question
Goods purchased for Rs. 840. One-fourth sold at 20% loss. What gain percent is needed on rest to gain 20% overall?
  • A. 30%
  • B. 33%
  • C. 33⅓%
  • D. 35%
Correct Answer: C
Explanation:
Required gain = 33⅓%.
Related Question 1
Selling 12 oranges for Rs. 1 results in 20% loss. How many should be sold for Rs. 1 to gain?
  • A. 5
  • B. 8
  • C. 10
  • D. 15
Correct Answer: B
Explanation:
Adjust quantity for profit.
Related Question 2
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.
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
If the selling price of 50 articles equals the cost price of 40 articles, find the gain or loss percent.
  • A. 20% loss
  • B. 20% gain
  • C. 25% loss
  • D. 25% gain
Correct Answer: A
Explanation:
CP higher than SP leads to 20% loss.
Related Question 5
If the cost price of 50 articles equals the selling price of 40 articles, what is the gain or loss percent?
  • A. 20% loss
  • B. 20% profit
  • C. 10% profit
  • D. None
Correct Answer: D
Explanation:
SP/CP ratio = 50/40 = 1.25 ⇒ 25% profit (not in options).