Profit, Loss, and Discount MCQs with Answers

Past Paper MCQ

A shopkeeper buys a watch for Rs. 350 and sells it for Rs. 392. Find his percentage of profit.

• A.$10\%$
• B.$12\%$
• C.$15\%$
• D.$8\%$

Past Paper MCQ

Mr. Rehan ordered a car worth Rs. $6,00,000$ and was given a discount. Given that he paid Rs. $5,70,000$ for his new car, calculate the percentage discount he received.

• A.$3\%$
• B.$10\%$
• C.$5\%$
• D.$7\%$

Past Paper MCQ

A farmer bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

• A.5
• B.4
• C.3
• D.6

Past Paper MCQ

The price of a pen is $75$. After a $15\%$ discount, what is its price?

• A.$60.00$
• B.$67.50$
• C.$63.75$
• D.$70.00$

Past Paper MCQ

A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%. What is his overall profit percentage?

• A.$6\%$
• B.$12\%$
• C.$10\%$
• D.$8\%$

If an item is sold for Rs. 2400 at a 20% loss, what was its actual (cost) price?

• A.Rs. 2800
• B.Rs. 3000
• C.Rs. 3200
• D.Rs. 2880

Anwar sells a bicycle for Rs. 49,755 and earns a profit of 7%. Find the cost price of the bicycle.

• A.Rs. 46,500
• B.Rs. 46,250
• C.Rs. 47,000
• D.Rs. 45,750

If a sweater sells for Rs. 4200 after a 30% discount, what is its original price?

• A.Rs. 5400
• B.Rs. 6000
• C.Rs. 5600
• D.Rs. 6500

If a bicycle is purchased for Rs $8000$ and sold at a $25\%$ gain, the selling price would be:

• A.Rs $9000$
• B.Rs $10000$
• C.Rs $11000$
• D.Rs $12000$

If the cost price of a suit is Rs. $182.30$ and its selling price is Rs. $210.60$, then what will be the profit?

• A.Rs. $27.30$
• B.Rs. $30.30$
• C.Rs. $28.30$
• D.Rs. $29.30$