What topics are covered in the Profit and Loss MCQs practice set?

Comprehensive Profit and Loss MCQs for aptitude preparation. Covers all key concepts, shortcuts, and problem-solving techniques commonly asked in placement exams and competitive tests.

How many questions are in the Profit and Loss MCQs set?

This practice set contains 14 multiple-choice questions.

How is scoring handled?

Each question has one correct answer. You will see your score and explanations after submitting.

Can I retake the practice test?

Yes, you can retake any practice set multiple times to track your improvement.

Profit and Loss MCQs Questions

Instructions

For each question, select the best answer from the options provided. You can view detailed explanations immediately after answering. Navigate through pages using the controls below.

Question 1

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

Question 2

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

Question 3

If selling price is doubled, the profit triples. Find the profit percent.

Question 4

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?

Question 5

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

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