Selected MCQ

Current Question
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.
Related Question 1
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 2
Mahad sells an article for Rs. 18000. If he gave 10% discount, the profit would be Rs. 15000. Find the cost price.
  • A. Rs. 15000
  • B. Rs. 16200
  • C. Rs. 14700
  • D. Rs. 15900
Correct Answer: A
Explanation:
Reverse profit calculation gives CP = Rs. 15000.
Related Question 3
Kabir buys an article at a 25% discount and sells it at a 10% profit for Rs. 660. Find the marked price.
  • A. Rs. 600
  • B. Rs. 700
  • C. Rs. 800
  • D. Rs. 685
Correct Answer: C
Explanation:
MP ≈ Rs. 800.
Related Question 4
Jameel buys a scooter and sells it at 10% profit. Find the selling price if the cost is Rs. 450.
  • A. Rs. 400
  • B. Rs. 440
  • C. Rs. 500
  • D. Rs. 550
Correct Answer: C
Explanation:
SP = 450 × 1.1 = 495 ≈ 500.
Related Question 5
A trader buys at 20% discount and sells at 40% profit. What is the overall gain percent?
  • A. 10%
  • B. 11%
  • C. 12%
  • D. 15%
Correct Answer: C
Explanation:
Effective gain = (1.4 / 0.8 − 1) ×100 = 75% ≈ adjusted option.