Profit, Loss, and Discount MCQs with Answers

A pen costing Rs. 300 is sold at a profit of 2%. What is the profit amount?

• A.Rs. 6
• B.Rs. 60
• C.Rs. 3
• D.Rs. 12

A girl bought a jewellery set for Rs 84,000 and sold it for Rs 85,503. Find the percentage of profit.

• A.$1.50\%$
• B.$1.97\%$
• C.$2.10\%$
• D.$1.79\%$

Past Paper MCQ

The discount price of an item is 20% less than the retail price. James purchases a book at a 30% discount at a special book sale. What percentage of the retail price did James pay?

• A.$50\%$
• B.$56\%$
• C.$70\%$
• D.$80\%$

The marked price of a coat is Rs. $2000$. The shopkeeper offers his customer two successive discounts of $10\%$ and $5\%$. Find the final selling price of the coat.

• A.Rs. $1700$
• B.Rs. $1710$
• C.Rs. $1720$
• D.Rs. $1800$

If the cost price of a TV set is Rs. 10,000 and the profit is Rs. 1,500, then what will be the selling price of the TV set?

• A.Rs. 8,500
• B.Rs. 11,500
• C.Rs. 10,000
• D.Rs. 12,500

The marked price of a chair is Rs. 150. It is sold for Rs. 120. Find the discount percentage.

• A.$15\%$
• B.$25\%$
• C.$30\%$
• D.$20\%$

A man buys a cycle for Rs. 5000 and sells it for Rs. 4500. What is his loss percentage?

• A.$5\%$
• B.$15\%$
• C.$10\%$
• D.$20\%$

A washing machine is sold for Rs 15,912 inclusive of GST. The cost of the washing machine, excluding GST, would be when the rate of GST is 17%?

• A.Rs 14,000
• B.Rs 13,200
• C.Rs 13,600
• D.Rs 13,800

A shirt, with a marked price of Rs. 450, was sold for Rs. 369. Find the discount percentage.

• A.$16\%$
• B.$18\%$
• C.$20\%$
• D.$22\%$

Usman sold a can of oil for Rs. 7786 at a loss of 15%. Calculate his cost price.

• A.Rs. 8954
• B.Rs. 9160
• C.Rs. 9325
• D.Rs. 9050