Selected MCQ

Current Question
If two goats are sold at same price, one at 10% gain and one at 10% loss, net result is ____.
  • A. No profit
  • B. 1% profit
  • C. 1% loss
  • D. 2% loss
Correct Answer: C
Explanation:
Equal gain/loss results in 1% loss.
Related Question 1
Selling an umbrella for Rs. 300 gives 20% gain. Which discount results in the same price?
  • A. 7%
  • B. 7.5%
  • C. 8%
  • D. 9%
Correct Answer: C
Explanation:
Adjust the discount to match the gain.
Related Question 2
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 3
A man buys two books for Rs. 480, one sold at 15% loss and the other at 19% gain. Find the net result.
  • A. Rs. 28
  • B. Rs. 280
  • C. Rs. 140
  • D. Rs. 70
Correct Answer: B
Explanation:
Net gain equals Rs. 280.
Related Question 4
A watch is sold at 10% loss. If sold for Rs. 140 more, the gain would be 4%. Find the cost price.
  • A. Rs. 1000
  • B. Rs. 1140
  • C. Rs. 860
  • D. Rs. 760
Correct Answer: A
Explanation:
Difference equals 14% → CP = 1000.
Related Question 5
A shopkeeper buys two items for Rs. 1000 each and sells both at the same price. He gains 10% on one and loses 10% on the other. Result is ____.
  • A. Neither profit nor loss
  • B. 1%
  • C. 2%
  • D. 3%
Correct Answer: A
Explanation:
Equal gain/loss cancels out.