Profit, Loss and Discount Questions

Multiple choice
  1. 25

  2. 30

  3. 35

  4. 20

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let cost price be 100. Marked price is 50% more, so MP = 150. After 10% discount on marked price, selling price = 150 - 15 = 135. Profit = 135 - 100 = 35, which is 35% of cost price. Remember: discount is always applied on marked price, not cost price.

Multiple choice
  1. 10

  2. 12

  3. 15

  4. 20

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP = 5x and SP = 6x. Profit = SP - CP = x. Profit percentage = (Profit/CP) × 100 = (x/5x) × 100 = 20%. When given ratio of CP:SP, the profit percentage is (difference/CP) × 100.

Multiple choice
  1. 212

  2. 224

  3. 248

  4. 194

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

CP per chair = 5/9 Rs. SP per chair = 9/5 Rs. Profit per chair = (9/5) - (5/9) = 56/45 Rs. Profit% = (56/45)/(5/9) × 100 = (56/45)×(9/5)×100 = 224%.

Multiple choice
  1. 16

  2. 14

  3. 18

  4. 17

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

After 15% discount: 3000 × 0.85 = 2550. Final price after a% discount: 2550 × (1-a/100) = 2142. Solving gives 1 - a/100 = 0.84, so a = 16%.

Multiple choice
  1. 16%, Loss/ हानि

  2. 16%, Profit/लाभ

  3. 10%, Loss/ हानि

  4. 12%, Profit/लाभ

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100. Marked price = 140 (40% more than CP). Discount of 40% means selling price = 60% of 140 = 84. So loss = CP - SP = 100 - 84 = 16. Loss percent = 16%. Options B and D incorrectly expect profit. Option C underestimates the loss.

Multiple choice
  1. 40

  2. 25

  3. 20

  4. 10

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Gain = cost price of 20 metres when selling 50 metres. So gain on each metre = 20/50 = 2/5 of CP. Gain percent = (2/5) × 100 = 40%. When profit is expressed as 'gain equals CP of x units when selling y units', the gain percent is (x/y) × 100.

Multiple choice
  1. 60

  2. 16.67

  3. 25

  4. 30

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Loss = Rs 10 - Rs 7 = Rs 3 per article. Loss percent = (Loss/CP) × 100 = (3/10) × 100 = 30%. When SP < CP, calculate loss percent on CP, not on SP.

Multiple choice
  1. 20

  2. 25

  3. 30

  4. 35

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling 6 items gives profit equal to SP of 1 item. So SP × 6 - CP × 6 = SP × 1, which gives 5 SP = 6 CP, or SP/CP = 6/5. Profit% = (SP - CP)/CP × 100 = (6/5 - 1) × 100 = 1/5 × 100 = 20%.

Multiple choice
  1. 34

  2. 28

  3. 31

  4. 30

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Discount = Marked Price - Selling Price = 7600 - 5472 = 2128. Discount percentage = (Discount/Marked Price) × 100 = (2128/7600) × 100 = 28%. The discount reduces the price from 7600 to 5472, which is exactly 28% off. Options A, C, and D are miscalculations of this percentage.

Multiple choice
  1. 4787.2

  2. 4624

  3. 4460.8

  4. 4524

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

First discount: 6800 × (1 - 0.12) = 6800 × 0.88 = 5984. Second discount: 5984 × (1 - 0.20) = 5984 × 0.80 = 4787.2. Alternatively: 6800 × 0.88 × 0.80 = 6800 × 0.704 = 4787.2. Successive discounts compound multiplicatively. Options B, C, and D are miscalculations.

Multiple choice
  1. 109.33

  2. 25

  3. 107.67

  4. 108.33

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let marked price = M. After 40% discount, selling price = 0.6M. This gives 25% profit, so 0.6M = 1.25 × Cost. Cost = 0.6M/1.25 = 0.48M. Without discount, selling price = M. Profit = (M - 0.48M)/0.48M × 100 = 0.52/0.48 × 100 = 108.33%.

Multiple choice
  1. Rs. 32900

  2. Rs. 32700

  3. Rs. 32000

  4. Rs. 32600

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The correct answer is C. Let the cost price be x. The difference between 18% profit and 15% profit is 3% of x, which equals Rs. 960. So 0.03x = 960, giving x = 960 / 0.03 = Rs. 32,000. Options A, B, and D are incorrect calculations. The key insight is that the 3% difference in profit rates directly corresponds to the Rs. 960 difference in selling prices.

Multiple choice
  1. 670

  2. 560

  3. 960

  4. 660

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = x. After 66.67% (2/3) gain: x × 5/3. After 37.5% (3/8) gain: (5x/3) × 11/8 = 55x/24 = 2200. Therefore x = 2200 × 24/55 = 960. Verify: 960 × 5/3 = 1600, then 1600 × 11/8 = 2200. Working backwards uses the same multipliers.

Multiple choice
  1. Rs. 1200

  2. Rs. 1500

  3. Rs. 1000

  4. Rs. 1250

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = x. Original SP = 1.15x. New CP = 1.05x, new SP = 1.15x + 6. New profit = 10%, so (1.15x + 6)/(1.05x) = 1.10. This gives 1.15x + 6 = 1.155x, so 0.005x = 6, x = 1200. This profit and loss problem requires setting up equations with percentages and solving for the cost price.

Multiple choice
  1. Rs. 1100

  2. Rs.2000

  3. Rs.1000

  4. Rs.2100

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Selling price = Marked Price × (1 - Discount%). So 880 = MP × 0.88. Therefore MP = 880/0.88 = 1000. Option A (1100) and D (2100) don't satisfy the equation. Option B (2000) would give a selling price of 1760, not 880.