### 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