Selected MCQ

Current Question
Selling a house for Rs. 45000 yields a 1/8 gain. What price gives 5% loss?
  • A. Rs. 38750
  • B. Rs. 38000
  • C. Rs. 40000
  • D. Rs. 42000
Correct Answer: B
Explanation:
Find CP, then apply loss.
Related Question 1
Selling toffees at 20 for Rs. 1 gives 40% loss. For 20% gain, how many per Rs. 1?
  • A. 16
  • B. 20
  • C. 25
  • D. 24
Correct Answer: A
Explanation:
Adjust the ratio accordingly.
Related Question 2
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 3
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 4
A shopkeeper incurs 15% loss. If the selling price is Rs. 102, what is the gain price for a 20% profit?
  • A. Rs. 150
  • B. Rs. 144
  • C. Rs. 138
  • D. Rs. 132
Correct Answer: B
Explanation:
First, find the cost price, then add 20%.
Related Question 5
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.