# Profit and Loss MCQ - Multiple Choice Question and Answer

## Profit and Loss MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

Question No : 15
A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.

70
71
72
73

Question No : 16
A plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 15%.

25200
25300
25400
25500

Question No : 17
A shopkeeper sells a transistor at Rs. 840 at a gain of 20% and another for Rs. 960 at the loss of 4%. Find his total gain percent.

$5\frac{12}{17}%$
$5\frac{13}{17}%$
$5\frac{14}{17}%$
$5\frac{15}{17}%$

Question No : 18
A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.

140%
150%
160%
170%

Question No : 19
If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?

20%
30%
50%
70%

Question No : 20
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit

50%
60%
70%
None Of Above

Question No : 21
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25% then determine the value of x.

16
17
18
19