Q.1 A shopkeeper buys an article for ₹800 and sells it for ₹1000. What is his profit percentage?
20%
25%
30%
15%
Explanation - Profit = 1000 - 800 = 200; Profit% = (200/800)*100 = 25%.
Correct answer is: 25%
Q.2 If a trader sells an article at a loss of 10% for ₹450, what was its cost price?
₹500
₹480
₹490
₹460
Explanation - Selling Price = 90% of CP ⇒ 450 = 0.9 × CP ⇒ CP = 450 / 0.9 = ₹500.
Correct answer is: ₹500
Q.3 A product costs ₹1200 and is sold with a profit of 15%. What is the selling price?
₹1320
₹1380
₹1420
₹1440
Explanation - SP = CP × (1 + Profit%) = 1200 × 1.15 = ₹1380.
Correct answer is: ₹1380
Q.4 If a shopkeeper gives a discount of 20% on a marked price of ₹1500, what is the selling price?
₹1300
₹1250
₹1200
₹1100
Explanation - Discount = 20% of 1500 = ₹300; SP = 1500 - 300 = ₹1200.
Correct answer is: ₹1200
Q.5 A trader sells an item at 25% profit. If the cost price is ₹640, find the selling price.
₹800
₹750
₹720
₹700
Explanation - SP = 640 × (1 + 25/100) = ₹800.
Correct answer is: ₹800
Q.6 If a person sells a bicycle for ₹1800 and gains 20%, what was the cost price?
₹1500
₹1450
₹1550
₹1600
Explanation - SP = 120% of CP ⇒ CP = 1800 / 1.2 = ₹1500.
Correct answer is: ₹1500
Q.7 A dealer marks his goods 40% above cost and allows a discount of 10%. What is his gain percent?
26%
27%
30%
28%
Explanation - Marked Price = 140% of CP; SP = 90% of MP = 0.9 × 1.4 × CP = 1.26 × CP ⇒ 26% gain.
Correct answer is: 26%
Q.8 A man sold an article for ₹675, making a loss of 10%. What was the cost price?
₹750
₹700
₹725
₹800
Explanation - SP = 90% of CP ⇒ CP = 675 / 0.9 = ₹750.
Correct answer is: ₹750
Q.9 A pen was sold for ₹84 at a profit of 20%. Find its cost price.
₹70
₹72
₹75
₹80
Explanation - SP = 120% of CP ⇒ CP = 84 / 1.2 = ₹70.
Correct answer is: ₹70
Q.10 A trader marks an article at ₹900 and allows 10% discount. Find the selling price.
₹810
₹800
₹850
₹880
Explanation - Discount = 10% of 900 = ₹90; SP = 900 - 90 = ₹810.
Correct answer is: ₹810
Q.11 A shopkeeper sells an article at a gain of 12%. If the cost price is ₹2500, find the selling price.
₹2750
₹2800
₹2600
₹2900
Explanation - SP = 2500 × 1.12 = ₹2800.
Correct answer is: ₹2800
Q.12 If selling price is twice the cost price, what is the profit percentage?
50%
100%
150%
200%
Explanation - Profit% = ((SP - CP)/CP)×100 = ((2CP - CP)/CP)×100 = 100%.
Correct answer is: 100%
Q.13 If a trader gains 25% on cost price, what percent does he gain on selling price?
20%
25%
30%
33⅓%
Explanation - Gain on SP = (Profit / SP)×100 = (25 / 125)×100 = 20%.
Correct answer is: 20%
Q.14 A radio is sold for ₹720 at a profit of 20%. Find the cost price.
₹600
₹580
₹620
₹650
Explanation - SP = 1.2 × CP ⇒ CP = 720 / 1.2 = ₹600.
Correct answer is: ₹600
Q.15 An article was sold for ₹1080 after allowing 10% discount on marked price. Find the marked price.
₹1200
₹1180
₹1250
₹1300
Explanation - SP = 90% of MP ⇒ 1080 = 0.9 × MP ⇒ MP = 1080 / 0.9 = ₹1200.
Correct answer is: ₹1200
Q.16 A man bought a fan for ₹1200 and sold it at a loss of 8%. Find the selling price.
₹1104
₹1150
₹1120
₹1080
Explanation - SP = 1200 × (1 - 8/100) = ₹1104.
Correct answer is: ₹1104
Q.17 A trader allows a discount of 5% and still gains 15%. Find the markup percentage.
20%
25%
15%
21%
Explanation - Let CP = 100. SP = 115. MP × 0.95 = 115 ⇒ MP = 121.05 ⇒ markup ≈ 21%.
Correct answer is: 21%
Q.18 If cost price is ₹400 and selling price is ₹460, what is the profit percent?
10%
12%
15%
20%
Explanation - Profit = 460 - 400 = 60; Profit% = (60/400)×100 = 15%.
Correct answer is: 15%
Q.19 A dealer purchased a TV for ₹16000 and sold it for ₹18400. Find the profit percentage.
12%
14%
15%
18%
Explanation - Profit = 18400 - 16000 = 2400; Profit% = (2400/16000)×100 = 15%.
Correct answer is: 15%
Q.20 A shopkeeper gains 20% by selling an item for ₹180. What is the cost price?
₹140
₹145
₹150
₹160
Explanation - SP = 120% of CP ⇒ CP = 180 / 1.2 = ₹150.
Correct answer is: ₹150
Q.21 A trader sold a chair for ₹990 at a loss of 10%. Find the cost price.
₹1000
₹1100
₹1200
₹900
Explanation - SP = 90% of CP ⇒ CP = 990 / 0.9 = ₹1100.
Correct answer is: ₹1100
Q.22 If a man sells a watch for ₹850 making 15% profit, find the cost price.
₹739
₹740
₹748
₹736
Explanation - SP = 1.15 × CP ⇒ CP = 850 / 1.15 = ₹739.13.
Correct answer is: ₹739
Q.23 A book is sold at 10% discount on the marked price. If the selling price is ₹270, find the marked price.
₹300
₹290
₹280
₹310
Explanation - SP = 90% of MP ⇒ MP = 270 / 0.9 = ₹300.
Correct answer is: ₹300
Q.24 A trader marks an article 50% above cost and gives 20% discount. Find the gain percent.
25%
30%
20%
15%
Explanation - SP = 1.5 × 0.8 × CP = 1.2 × CP ⇒ 20% gain.
Correct answer is: 20%
Q.25 If an article is sold at 5% loss instead of 10% profit, the difference in selling price is ₹45. Find the cost price.
₹300
₹350
₹400
₹450
Explanation - Difference = 15% of CP = 45 ⇒ CP = 45 / 0.15 = ₹300.
Correct answer is: ₹300