Selected MCQ

Current Question
If cost price is Rs. 800 and selling price is Rs. 1000, profit percent is ____.
  • A. 20%
  • B. 25%
  • C. 30%
  • D. 15%
Correct Answer: B
Explanation:
Profit = 200 → 200/800 ×100 = 25%.
Related Question 1
If cost price is Rs. 1000 and selling price is Rs. 850, loss percent is ____.
  • A. 10%
  • B. 12%
  • C. 15%
  • D. 20%
Correct Answer: C
Explanation:
Loss = 150 → 15%.
Related Question 2
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 3
If the cost price is Rs. 200 and selling price is Rs. 240, profit percent ____.
  • A. 10%
  • B. 15%
  • C. 20%
  • D. 25%
Correct Answer: C
Explanation:
Profit = 40 → 40/200 ×100.
Related Question 4
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 5
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%.