Practise Profit and Loss MCQs Math MCQs in Maths. Attempt multiple-choice questions, check answers and revise related subtopics.
Study Profit and Loss MCQs Math through multiple-choice questions in Maths. This subtopic contains 156 practice questions. Read the wording carefully, compare the options and attempt an answer before checking the solution in learning mode.
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Answer: RS 2000
Explanation Total parts = 4 + 3 + 5 = 12 One part = 4800 ÷ 12 = 400 C’s share = 5 × 400 = 2000
Answer: 100
Explanation Cost Price (CP) = 500 Selling Price (SP) = 600 Profit = SP – CP P ro f i t = 600–500 = 100 Profit Percent = (Profit ÷ CP) × 100 P ro f i t % = ( 100 ÷ 500 ) × 100 = 20% Answer: Profit = Rs. 100 Profit Percent = 20%
Answer: 21.40 dollar
Explanation A 7% sales tax means: x + 0.07x = 22.90 ⇒ 1.07x = 22.90 ⇒ x = 22.90 / 1.07 = 21.40
Answer: 42.86%
Explanation Step 1: Total Cost Price (CP) CP = 60 + 80 = 140 Step 2: Selling Price (SP) SP = 80 Step 3: Profit or Loss text{Profit/Loss} = SP - CP = 80 - 140 = -60 Profit/Loss = SP − CP = 80 − 140 = − 60 This is a loss of Rs. 60 , not a profit. Step 4: Percentage Loss Loss % = Loss/CP × 100 = 60 /140 × 100 Calculate: 60 /140 = 0.42857 0.42857 × 100 = 42.857% ≈ 42.86%
Answer: 23,040
Explanation 20% discount on 28,800 is calculated as: Discount = 28,800 * 20/100 = 5,760 Price after discount = 28,800 - 5,760 = 23,040
Answer: Rs. 18000
Explanation Cost price = 15000 Profit = 20% of 15000 = 0.2 × 15000 = 3000 Sales price = Cost price + Profit = 15000 + 3000 = 18000 Last verified on 10-03-2026
Answer: RS.2500
Explanation ND29-11-2022
Answer: 25%
Explanation Loss = Cost price - Selling price = 80 - 60 = 20 Loss percentage = (Loss / Cost price) * 100 = (20 / 80) * 100 = 25%
Answer: 30
Explanation Given: Cost price = $100 Selling price = $130 Find: Profit =? Solution: profit = cost - selling profit = 100 - 130 = 30 rupees ND-18-8-2023
Answer: 25%
Explanation CP = 80, SP = 100 Profit = 100 - 80 = 20 Profit% = (20/80) × 100 = 25% Last verified on 15-03-2026
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