Selected MCQ

Current Question
Selling 150 mangoes gives a profit equal to 30 mangoes. Gain percent is ____.
  • A. 20%
  • B. 25%
  • C. 18%
  • D. 30%
Correct Answer: B
Explanation:
Profit = 30/120 ×100 = 25%.
Related Question 1
Selling 50 m of cloth gives a profit equal to the selling price of 15 m. Gain percent is ____.
  • A. 35%
  • B. 30%
  • C. 40%
  • D. 42⅔%
Correct Answer: D
Explanation:
Profit ratio gives 42⅔%.
Related Question 2
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 3
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).
Related Question 4
By selling 99 pens, a trader gains a profit of 33 pens. Find the gain percent.
  • A. 33⅓%
  • B. 50%
  • C. 25%
  • D. 66⅔%
Correct Answer: A
Explanation:
Gain = 33/99 = 33⅓%.
Related Question 5
A man gains 20% by selling at a certain price. If he doubles the price, what is the profit percent?
  • A. 40%
  • B. 100%
  • C. 120%
  • D. 140%
Correct Answer: D
Explanation:
Doubling SP leads to 140% profit.