Practice MCQ Questions and Answer on Profit and Loss
401.
The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service centre told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year, he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?
- (A) 19.42%
- (B) 18.5%
- (C) 17.6%
- (D) 26%
402.
Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.
- (A) Rs. 70.10
- (B) Rs. 70.20
- (C) Rs. 72
- (D) Rs. 72.20
403.
A shopkeeper has 11 books of same cost price. He sells the first book at certain price, then he sells second book at a price which is Rs. 1 less than the selling price of first book and then he sells third book at a price which is Rs. 1, less than the selling price of second book. Following this pattern, he sold all 11 books. If he sells sixth book at its cost price. Find the over-all percent profit or loss on selling all 11 books = ?
- (A) 20%
- (B) 10%
- (C) $$\frac{1}{{11}}$$%
- (D) No profit no loss
404.
A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:
- (A) $$5\frac{{15}}{{17}}$$% loss
- (B) $$5\frac{{15}}{{17}}$$% gain
- (C) $$6\frac{2}{3}$$% gain
- (D) None of these
405.
Rajlani sold a machine for Rs. 22000 with a discount of 8% on the labeled price and made a profit of $$22\frac{2}{3}$$% . What would have been the profit percent if the machine was sold without discount on the label price?
- (A) $$36\frac{1}{3}$$
- (B) $$30\frac{2}{3}$$
- (C) $$27\frac{1}{3}$$
- (D) $$33\frac{1}{3}$$
406.
A sells a suitcase to B at 10% profit. If B pays Rs. 2860 for it, then the price of which A bought is = ?
- (A) Rs. 1000
- (B) Rs. 1600
- (C) Rs. 2600
- (D) Rs. 2500
407.
On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
- (A) Rs. 45
- (B) Rs. 50
- (C) Rs. 55
- (D) Rs. 60
408.
David sells his Laptop to Goliath at a loss of 20% who subsequently sells it to Hercules at a Profit of 25%. Hercules, after finding some defect in the laptop, returns it to Goliath but could recover only Rs. 4.50 for every Rs. 5 he had paid. Find the amount at Hercules' loss if David had paid Rs. 1.75 lakh for the laptop.
- (A) 3500
- (B) 2500
- (C) 17,500
- (D) 20,000
409.
A businessman bought an article and sold it at a loss of 5% . If he had bought it for 10% less and sold it for Rs. 33 more, he would have had a profit of 30% . The cost price of the article is = ?
- (A) Rs. 330
- (B) Rs. 155
- (C) Rs. 150
- (D) Rs. 300
410.
A dealer buys dry fruit at the rate of Rs. 100, Rs. 80 and Rs. 60 per kg. He bought them in the ratio 12 : 15 : 20 by weight. He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which he had. What was the percentage loss he suffered for the third quantity ?
- (A) 20%
- (B) 30%
- (C) 40%
- (D) 50%