Profit, Loss, and Discount MCQs with Answers

A computer is purchased at Rs. 120,000 and sold at Rs. 96,000, the loss percentage is ?

• A.$25\%$
• B.$10\%$
• C.$15\%$
• D.$20\%$

The price which is paid to purchase goods is called _?

• A.Selling price
• B.Marked price
• C.Purchase price
• D.Discount price

A TV is purchased at Rs. 5000 and sold at Rs. 4000. Find the loss percent.

• A.$10\%$
• B.$20\%$
• C.$25\%$
• D.$15\%$

The marked price of a photocopier machine is Rs. 72,000. The machine was sold at a 5% discount. The shopkeeper still earned a profit of 14%. Find its cost price.

• A.Rs. 64,000
• B.Rs. 62,000
• C.Rs. 58,000
• D.Rs. 60,000

A boy bought a shirt at a sale for Rs. 150 and saved Rs. 50 on the normal price. What percentage of discount did he get on the shirt?

• A.$30\%$
• B.$33\frac{1}{3}\%$
• C.$20\%$
• D.$25\%$

A trader sells an article at a 10% loss. Later, he increases the selling price by 15%, making it Rs 54. What was the original cost price of the article?

• A.Rs 50
• B.Rs 52.17
• C.Rs 55
• D.Rs 48.60

A businessman decided to give a 10% discount on all purchases from his shop. How much will a customer pay for an item that was marked Rs. 5400?

• A.Rs. 5400
• B.Rs. 4800
• C.Rs. 5940
• D.Rs. 4860

Past Paper MCQ

The selling price of an article is Rs. 118 and the profit earned is 50%. The cost price of the article is:

• A.Rs. 78.66
• B.Rs. 59
• C.Rs. 177
• D.Rs. 88.50

Marwa bought a book for Rs. 60 and a slate for Rs. 80. She sold both items together for Rs. 80. Find her percentage profit or loss.

• A.$42.86\%$ profit
• B.$42.86\%$ loss
• C.$14.29\%$ profit
• D.$14.29\%$ loss

The price of an article was cut by 40% for a sale. By what percent must the discounted item be increased to again sell the article at the original price?

• A.$40\%$
• B.$60\%$
• C.$66.66\%$
• D.$150\%$