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Profit and Loss MCQs with Answers

Profit and Loss MCQs

Welcome to the Profit and Loss MCQs with Answers. In this post, we have shared Profit and Loss Online Test for different competitive exams. Each question in Aptitude Test offers a chance to enhance your knowledge regarding Profit and Loss MCQs.

If a shopkeeper buys a shirt for $40 and sells it for $50, what is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 40%

Answer
b) 25%

A merchant sold an item at a 10% loss. If the cost price was $200, what was the selling price?
a) $180
b) $190
c) $200
d) $220

Answer
a) $180

A product is sold for $300 after a 15% discount. What was the original price?
a) $350
b) $360
c) $380
d) $400

Answer
b) $350

If a trader makes a profit of $80 on selling a product for $400, what is the profit percentage?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

A shopkeeper buys 10 items for $250 each and sells them for $300 each. What is the total profit?
a) $400
b) $500
c) $600
d) $700

Answer
b) $500

If the selling price of an item is $600 and the cost price is $500, what is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 40%

Answer
b) 20%

A product costs $120 and is sold for $150. What is the gain percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
b) 25%

If an item is sold at a loss of 12% and the selling price is $88, what was the cost price?
a) $100
b) $104
c) $110
d) $125

Answer
a) $100

A shopkeeper buys a product at $150 and sells it at $180. What is the selling price percentage increase over the cost price?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

If a trader buys 5 items for $40 each and sells them for $50 each, what is the total gain?
a) $25
b) $30
c) $35
d) $40

Answer
b) $30

A book was sold at a 20% discount. If the discount amount is $8, what was the original price of the book?
a) $36
b) $40
c) $44
d) $48

Answer
b) $40

If a seller earns $50 profit on selling an item for $400, what is the cost price?
a) $350
b) $360
c) $370
d) $375

Answer
b) $350

A man bought a laptop for $800 and sold it for $880. What is the profit percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
a) 10%

If the cost price of an item is $250 and it is sold at a profit of 40%, what is the selling price?
a) $300
b) $320
c) $350
d) $360

Answer
d) $350

A shopkeeper buys a table for $500 and sells it at a 15% profit. What is the selling price?
a) $575
b) $580
c) $600
d) $625

Answer
a) $575

If a product is sold for $250 with a 20% profit, what was the cost price?
a) $200
b) $210
c) $220
d) $230

Answer
a) $200

An item is bought for $120 and sold for $150. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Answer
b) 25%

If an item is bought for $75 and sold for $90, what is the profit percentage?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

A product is sold for $540 at a profit of 8%. What was the cost price?
a) $500
b) $510
c) $525
d) $550

Answer
a) $500

A seller bought 8 items for $240 and sold them for $320. What is the percentage profit?
a) 25%
b) 30%
c) 33.33%
d) 40%

Answer
c) 33.33%

A shopkeeper bought 15 books for $225 and sold each at $20. What is the total loss or profit?
a) Profit of $75
b) Loss of $75
c) Profit of $90
d) Loss of $90

Answer
a) Profit of $75

If a product is sold for $360 at a 20% loss, what was the cost price?
a) $400
b) $420
c) $450
d) $500

Answer
a) $400

An item was bought for $500 and sold for $600. What is the gain percentage?
a) 20%
b) 25%
c) 30%
d) 40%

Answer
b) 20%

A product was bought for $300 and sold for $270. What is the loss percentage?
a) 8%
b) 10%
c) 12%
d) 15%

Answer
b) 10%

If a trader sells an item for $180 at a profit of 20%, what was the cost price?
a) $150
b) $155
c) $160
d) $165

Answer
a) $150

A retailer sells an item for $200 and makes a 25% profit. What was the cost price?
a) $150
b) $160
c) $175
d) $180

Answer
a) $160

If a trader buys a product at $300 and sells it at $330, what is the profit percentage?
a) 5%
b) 10%
c) 15%
d) 20%

Answer
b) 10%

A shopkeeper buys a set of items for $250 and sells it for $275. What is the percentage profit?
a) 10%
b) 15%
c) 20%
d) 25%

Answer
a) 10%

If an item is bought at $120 and sold at $140, what is the profit percentage?
a) 15%
b) 16.67%
c) 18%
d) 20%

Answer
b) 16.67%

A trader bought a phone for $200 and sold it for $240. What is the profit percentage?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

If an item is sold for $450 at a 10% profit, what was the cost price?
a) $400
b) $410
c) $420
d) $425

Answer
a) $400

A shopkeeper bought 12 items at $30 each and sold them for $35 each. What is the total profit?
a) $60
b) $70
c) $80
d) $90

Answer
b) $60

If the cost price of an item is $500 and the selling price is $600, what is the percentage profit?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

A product costs $150 and is sold for $180. What is the profit percentage?
a) 15%
b) 20%
c) 25%
d) 30%

Answer
b) 20%

If a merchant sells an item for $90 at a 10% loss, what was the cost price?
a) $100
b) $105
c) $110
d) $115

Answer
a) $100

An item was bought for $400 and sold for $360. What is the loss percentage?
a) 10%
b) 12%
c) 15%
d) 20%

Answer
a) 10%

If a product is sold for $250 at a 30% profit, what was the cost price?
a) $175
b) $180
c) $190
d) $200

Answer
a) $175

A shopkeeper buys 20 items for $600 and sells them for $35 each. What is the total profit?
a) $100
b) $200
c) $300
d) $400

Answer
b) $200

A shopkeeper buys an item for $80 and sells it for $96. What is the percentage profit?
a) 18.75%
b) 20%
c) 22.5%
d) 25%

Answer
d) 25%

If the cost price of an item is $240 and it is sold at a 20% loss, what is the selling price?
a) $180
b) $190
c) $200
d) $220

Answer
a) $180
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