Selected MCQ

Current Question
Profit is 320% of cost. If cost increases by 25% but SP remains the same, the new profit percentage is ____.
  • A. 30%
  • B. 70%
  • C. 100%
  • D. 250%
Correct Answer: B
Explanation:
Adjusted profit reduces to 70%.
Related Question 1
If cost price increases by 50% and selling price remains same, profit percent will ____.
  • A. Increase
  • B. Decrease
  • C. Same
  • D. Double
Correct Answer: B
Explanation:
Higher CP reduces profit percentage.
Related Question 2
If the cost price is increased by 20% and selling price remains same, profit percent decreases by ____.
  • A. 20%
  • B. 25%
  • C. 16⅔%
  • D. 10%
Correct Answer: C
Explanation:
An increase in CP reduces the profit percentage by 16⅔%.
Related Question 3
If profit increases from 12% to 19%, the increase is Rs. 1500. Find the cost price.
  • A. Rs. 1505
  • B. Rs. 1510
  • C. Rs. 1500
  • D. Rs. 1490
Correct Answer: C
Explanation:
7% increase corresponds to Rs. 1500.
Related Question 4
If cost price is Rs. 750 and selling price is Rs. 900, profit percent is ____.
  • A. 15%
  • B. 18%
  • C. 20%
  • D. 25%
Correct Answer: C
Explanation:
Profit = 150 → 150/750 ×100 = 20%.
Related Question 5
If profit is 25% and cost price is Rs. 800, selling price is ____.
  • A. Rs. 900
  • B. Rs. 1000
  • C. Rs. 950
  • D. Rs. 850
Correct Answer: B
Explanation:
SP = 1.25 × 800 = 1000.