Profit and Loss mcq:Aptidude
aAn item is sold for $500 at a 20% profit. What is the cost price of the item?
a) $400
b) $416.67
c) $480
d) $600
Answer: a) $400
A shopkeeper bought a shirt for $40 and sold it for $60. What is the profit percentage?
a) 25%
b) 33.33%
c) 50%
d) 66.67%
Answer: c) 50%
A company sells a product for $80 with a 20% profit margin. What is the cost price of the product?
a) $60
b) $66.67
c) $75
d) $96
Answer: a) $60
A man bought a car for $20,000 and sold it at a loss of 10%, What was the selling price of the car?
a) $18,000
b) $19,000
c) $20,000
d) $22,000
Answer: b) $19,000
A store bought 100 pens for $200. If the store sells each pen for $3 , what is the profit percentage?
a) 20%
b) 30%
c) 40%
d) 50%
Answer: c) 40%
A shirt is sold for $45 with a loss of 25%. What was the cost price of the shirt ?
a) $30
b) $36
c) $48
d) $60
Answer: d) $60
A company purchased a machine for ,$5000 and sold it for $4,000. What is the loss percentage ?
a) 10%
b) 12.5%
c) 20%
d) 25%
Answer: c) 20%
A book was sold for $30 with a profit of 20%, What was the cost price of the book?
a) $20
b) $24
c) $25
d) $28
Answer: b) $24
A person sells a bicycle fo r $200, incurring a loss of 25%. What was the cost price of the bicycle ?
a) $150
b) $180
c) $225
d) $250
Answer: c) $225
A shopkeeper marks up the cost price of an item by 40% and offers a discount of 20% on the marked price. What is the overall profit percentage?
a) 8%
b) 16%
c) 20%
d) 24%
Answer: a) 8%
A trader sells an item at a profit of 25%. If the cost price of the item is $80, what is the selling price ?
a) $100
b) $105
c) $110
d) $120
Answer: c) $110
A laptop was bought for $800 and sold for $640. What is the loss percentage?
a) 20%
b) 25%
c) 30%
d) 35%
Answer: a) 20%
A store sells an item for $80, incurring a loss of 20% . What was the cost price of the item?
a) $64
b) $80
c) $100
d) $120
Answer: c) $100
A person bought a shirt for $50 and sold it for $75. What is the profit percentage?
a) 25%
b) 33.33%
c) 50%
d) 66.67%
Answer: c) 50%
A company sells a product for $120 with a 25% profit margin. What is the cost price of the product?
a) $80
b) $96
c) $100
d) $150
Answer: b) $96
A man bought a car for $10,000 and sold it at a loss of 15%. What was the selling price of the car?
a) $8,500
b) $8,750
c) $9,000
d) $11,500
Answer: a) $8,500
A store bought 200 pens for $400. If the store sells each pen for $2, what is the profit percentage?
a) 10%
b) 20%
c) 30%
d) 40%
Answer: b) 20%
A shirt is sold for $60 with a loss of 20%. What was the cost price of the shirt?
a) $36
b) $45
c) $72
d) $75
Answer: c) $72
A company purchased a machine for $3,000 and sold it for $3,500. What is the profit percentage?
a) 10%
b) 15%
c) 16.67%
d) 20%
Answer: b) 15%
A book was sold for $40 with a profit of 25%. What was the cost price of the book?
a) $24
b) $28
c) $32
d) $36
Answer: b) $28
A person sells a bicycle for $150, incurring a loss of 20%. What was the cost price of the bicycle?
a) $120
b) $135
c) $180
d) $200
Answer: c) $180
A shopkeeper marks up the cost price of an item by 30% and offers a discount of 15% on the marked price . What is the overall profit, percentage?
a) 12%
b) 14%
c) 15%
d) 16%
Answer: a) 12%
A trader sells an item at a profit of 20%. If the cost price of the item is $100, what is the selling price?
a) $110
b) $120
c) $130
d) $140
Answer: b) $120
A laptop was bought for $600 and sold for $540. What is the loss percentage?
a) 10%
b) 20%
c) 25%
d) 30%
Answer: a) 10%
A store sells an item for $100, incurring a loss of 15%. What was the cost price of the item?
a) $85
b) $100
c) $115
d) $120
Answer: c) $115
A person bought a shirt for $30 and sold it for $45. What is the profit percentage?
a) 30%
b) 40%
c) 50%
d) 60%
Answer: c) 50%
A company sells a product for $150 with a 10% profit margin. What is the cost price of the product?
a) $125
b) $130
c) $135
d) $140
Answer: b) $130
A man bought a car for $15,000 and sold it at a loss of 12%. What was the selling price of the car?
a) $13,200
b) $13,800
c) $14,400
d) $16,800
Answer: a) $13,200
A store bought 300 pens for $600. If the store sells each pen for $2, what is the profit percentage?
a) 10%
b) 20%
c) 30%
d) 40%
Answer: b) 20%
A shirt is sold for $50 with a loss of 10%. What was the cost price of the shirt?
a) $45
b) $55
c) $55.55
d) $60
Answer: d) $60