Profit & Loss MCQs
Practice free Profit & Loss multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 12 questions — no login required.
Question 10easy
The cost prices of two articles A and B are in the ratio 4 : 5. While selling these articles, the shopkeeper gains 10% on article A and 20% profit on article B, and the difference in their selling prices is Rs. 480. Find 30% of the total cost price (in Rs.) of both the articles.
Question 11easy
A trader marked the price of a product in such a way that it is 20%
more than the cost price. If he allows 10% discount on the marked price to the customer then his gain is -
Question 12easy
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.