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MCQ Questions for CBSE Class 12 with Answers
MCQ Questions for CBSE Class 11 with Answers
MCQ Questions for CBSE Class 10 with Answers
MCQ Questions for CBSE Class 9 with Answers
MCQ Questions for CBSE Class 8 with Answers
MCQ Questions for CBSE Class 7 with Answers
MCQ Questions for CBSE Class 6 with Answers
MCQ Questions for CBSE Class 5 with Answers
MCQ Questions for CBSE Class 4 with Answers
MCQ Questions for CBSE Class 3 with Answers
MCQ Questions for CBSE Class 2 with Answers
MCQ Questions for CBSE Class 1 with Answers
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Profit and loss Bank PO MCQ Questions With Answers
1.
The price of jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, find the profit percent earned by the third seller.
14%
18%
15%
10%
None of these
2.
A, B and C entered into a partnership by investing Rs, 12,000, Rs. 15,000 and Rs. 18,000 respectively. What is the total profit if A’s share is 3,000.
Rs. 10,500
Rs. 11,500
Rs. 20,000
Rs. 14,000
Rs. 11,250
3.
A and B started a business by Investing Rs. 35,000 and R. 20,000 respectively. B left the business after 5 months and C joined the business with the sum of Rs. 15,000. The profit earned at the end of the year is Rs. 84,125. Find the B's share in the profit.
Rs 13,460
Rs 11,550
Rs 17,470
Rs 12,560
None of these
4.
An article costing Rs. 20 was marked 25% above the cost price. After two successive discounts of the same percentage, the customer now pays Rs. 20.25. What would be the percentage change in profit had the price been increased by the same percentage twice successively instead of reducing it?
3600%
3200%
2800%
4000%
None of these
5.
A shopkeeper bought 200 tables for Rs 12000. He wanted to sell them at a profit so that he got 20 tables free. At what profit percent should he sell them?
\(10\frac{1}{9}\%\)
\(11\frac{1}{9}\%\)
\(9\frac{1}{{11}}\%\)
\(10\frac{1}{{11}}\%\)
None of these
6.
Jeevan bought an article with 30 per cent discount on the labelled price. He sold the article with 12 per cent profit on the labelled price. What was his per cent profit on the price he bought?
40
50
60
Data inadequate
None of these
7.
The price of a precious diamond increases by 10% every year. Sasha bought this diamond and sold it to Harry after 2 years at Rs. 500 more than the market price. At what price did Sasha buy the diamond (in Rs.)?
1200
1240
1720
1800
Cannot be determined
8.
A person bought two bicycles for Rs. 1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get Rs. 5 more. Find the difference in the cost price of the two bicycles.
Rs 500
Rs 210
Rs 100
Rs 50
None of these
9.
Neha purchases 10 kg of rice at Rs. 720 and sells at a loss as much the selling price of 2 kg of rice. Find the S.P of rice per kg.
Rs. 60 per kg
Rs. 50 per kg
Rs. 80 per kg
Rs. 70 per kg
None of these
10.
On one side of a weighing balance, Jenny has accidentally placed a magnet of 30 grams. On this side, she places items and on the other side, she places weight of 1 kg. Assuming that she sells items at cost price, how much profit or loss will she make on selling 1 kg of item?
1.46% loss
1.46% profit
3.09% profit
2.91% profit
Cannot be determined
11.
The marked price of a wooden frame is Rs. 900. A discount is offered on this frame. Accidentally, the cashier applied the discount twice while making the bill. As a result, it was sold at a price of Rs. 576. Still, a profit of 20% is earned. Had the cashier applied discount only once, what would have been the percent profit?
40%
24%
50%
4%
60%
12.
For a certain article, if discount is 25%, the profit is 25%. If the discount is 10%, then the profit is
10%
20%
35%
50%
None of these
13.
Rajesh bought accessories worth Rs. 150. Out of the amount spent for buying accessories, Rs. 10 were spent on sales tax due to taxable purchases. If the tax rate was 10%, calculate the price of the tax free items.
Rs. 100
Rs. 150
Rs. 10
Rs. 40
Rs. 75
14.
The selling price of 21 articles is equal to the cost price of 18 articles. Find the loss percent.
\(14\frac{1}{7}\%\)
\(12\frac{1}{2}\%\)
\(16\frac{2}{3}\%\)
30%
\(14\frac{2}{7}\%\)
15.
In selling 20 kg of rice at Rs. 80 per kg, the seller has intentionally mixed 10 kg of low quality rice in it. Seller sells at cost price. Due to this, seller earns a profit of 33.33%. What is the price of 10 kg of low quality rice (in Rs.)?
400
320
380
540
360
16.
There were three partners, A, B, C in a business, and each had a share of the profits in proportion to his capital. A’s capital was Rs.240; B’s Rs.640; and A’ share was Rs.15 in every Rs.100. Find B’s share of profits and C’s capital.
Rs.30 in every Rs.100; Rs.750
Rs.60 in every Rs.100; Rs.700
Rs.50 in every Rs.100; Rs.800
Rs.40 in every Rs.100; Rs.720
Rs.35 in every Rs.100; Rs.800
17.
Harris has two weights of one kilogram at his shop. One of the weights is accurate while the other actually weighs 1100 grams. While measuring the goods, he uses one of the two weights. The probability that he uses a wrong weight is 3/5. If he sells the goods at the cost price, how much profit or loss will he make?
5.66% profit
5.66% loss
11.32% profit
11.32% loss
Cannot be determined
18.
If the shopkeeper keeps the marked price of an article to Rs. 2500 and says to give two successive discounts of 15% and 20% and still manages to earn a profit of 10%, find the cost price of the article?
Rs. 1525.45
Rs. 1545.45
Rs. 1595.65
Rs. 1625.45
Rs. 1725.45
19.
Ninad, Vikas and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount invested by Ninad after 6 months and Manav invest thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45,000 at the end of the year. What is Manav's share in the profit?
Rs 12,450
Rs 15,000
Rs 12,300
Rs 18,500
None of these
20.
A merchant sells an article at 5% profit. If he had bought it at 5% less and sold it for Rs. 1 less, he would have gained 10%. The cost price of the article is:
Rs. 200
Rs. 150
Rs. 240
Rs. 280
None of these
21.
If a man loses 20% by selling 10 pencils for 10 rupee. How many pencils should he sell for 12 rupees to gain 20% profit?
6
8
9
10
None of these
22.
Cost of a packet of tea and a packet of one litre milk are Rs 20 and Rs 30 respectively. 10 cups of tea is made with one packet tea and for each cup 200 ml of milk is used. If tea is sold at 25% profit, the selling price of each cup of tea is:
Rs 8
Rs 15
Rs 12
Rs 10
None of these
23.
A pillow is labeled at a price of Rs. 700 for sale. If one buys a pillow cover worth Rs. 100 along with it, the discount offered is 24% on total deal. John wanted to buy pillow only. So, John availed this deal and sold the pillow cover to Chris at Rs. 90. What is the effective discount that he availed on pillow?
34%
26%
28%
36%
33%
24.
The sale price of an electronic appliance including the sales tax is Rs. 6,552. The rate of Sales Tax is 12%. If the vendor has made a profit of 17% , then the cost price of the article is :
Rs. 5000
Rs. 5150
Rs. 5500
Rs. 6000
None of these
25.
The price of 2 sarees and 4 shirts is Rs. 16000. With the same money one can buy 1 saree and 6 shirts. If one wants to buy 12 shirts, how much all shall one have to pay?
Rs. 24,000
Rs. 48,000
Rs. 12,000
Cannot be determined
None of these
26.
A merchant has 100 kg of sugar, part of which he sells at 7% profit and the rest at 17% profit. He gains 10% on the whole. How much is sold at 17%
28 kg.
30 kg.
32 kg.
31 kg.
25 kg
27.
A dishonest dealer sells his goods at the cost price but still earns a profit of 28% by under weighing. What weight does he use for a kg?
750 g
800 g
825 g
781.25 g
965.5 g
28.
Arun starts a business with investment of Rs. 1200. Birju and Chirag join the business with some investment after 3 months and 6 months respectively. If at the end of year profit is divided in ratio of 2:3:5, then how much money did Birju invest?
1800
2400
3600
5400
6000
29.
A business man marked the price of his goods 30% more than his CP. He then sells 1/4 of his stock at a discount of 15%, and half of the initial stock at the marked price, and the rest at a discount of 30%. Find his gain %.
15.6%
14.20%
15.3%
14.36%
None of these
30.
Two partners A and B invests in the ratio 3 : 4 in a business. Their monthly expenditure is Rs. 36000. What should be their income so that A gets Rs 6000 as profit:
Rs. 50000
Rs. 36000
Rs. 48000
Rs. 60000
None of these
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