MCQ 11 Mark
Tick $(\checkmark)$ the correct answer in the following:
A man buys an article for $Rs. 150$ and makes overhead expenses which are $10\%$ of the cost price. At what price must he sell it to gain $20\%?$
- A
$Rs. 182$
- B
$Rs. 192$
- ✓
$Rs. 198$
- D
$Rs. 208$
AnswerCorrect option: C. $Rs. 198$
$CP = Rs. 150$
Total $CP = Rs. (150 + 10\%$ of $150)$
$=\text{Rs. }\Big(150+\Big(\frac{10}{100}\times150\Big)\Big)$
$=\text{Rs. }(150+15)$
$=\text{Rs. }165$
$\therefore$ Desired $SP=\Big\{\frac{(100+\text{gain}\%)}{100}\times\text{total CP}\Big\}$
$=\Big\{\frac{(100+20)}{100}\times165\Big\}$
$=\text{Rs. }\Big(\frac{120}{100}\times165\Big)$
$=\text{Rs. }198$
View full question & answer→MCQ 21 Mark
Tick $(\checkmark)$ the correct answer in the following:
On selling a chair for $Rs. 720$, a man loses $25\%.$ To gain $25\%$ it must be sold for.
- A
$Rs. 900$
- ✓
$Rs. 1200$
- C
$Rs. 1080$
- D
$Rs. 1440$
AnswerCorrect option: B. $Rs. 1200$
Loss percentage $= 25\%$
$\text{CP}=\Big\{\frac{100}{(100-\text{loss}\%)}\times\text{SP}\Big\}$
$=\text{Rs. }=\Big\{\frac{100}{100-25}\times\text{SP}\Big\}$
$=\text{Rs. }=\Big(\frac{100}{85}\times720\Big)$
$=\text{Rs. }960$
$\therefore$ Desired SP $=\Big\{\frac{(100+\text{gain}\%)}{100}\times\text{CP}\Big\}$
$=\text{Rs. }=\Big\{\frac{(100+25)}{100}\times960\Big\}$
$=\text{Rs. }=\Big(\frac{125}{100}\times960\Big)$
$=\text{Rs. }1200$
View full question & answer→MCQ 31 Mark
Tick $(\checkmark)$ the correct answer in the following: Rajan buys a toy for $Rs. 75$ and sells it for $Rs. 100$. His gain percent is:
- A
$25\%$
- B
$20\%$
- ✓
$33\frac{1}{3}\%$
- D
$37\frac{1}{2}\%$
AnswerCorrect option: C. $33\frac{1}{3}\%$
$SP = Rs. 100$
Gain $= Rs. (100 - 75) = Rs. 25$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{25}{75}\times100\Big)\%$
$=33\frac{1}{3}\%$
View full question & answer→MCQ 41 Mark
Tick $(\checkmark)$ the correct answer in the following: The marked price of an article is $10\%$ more than the cost price and a discount of $10\%$ is given on the marked price. The seller has.
AnswerCorrect option: C. $1\%$ loss
Let the $CP$ be $Rs. 100$
Then, marked price $= Rs. 110$
Discount $= 10\%$ of $MP$
$= (10\%$ of Rs. $110)$
$=\text{Rs. }\Big(110\times\frac{10}{100}\Big)$
$= Rs. 11$
Now,$ SP = (MP - ($discount$)$
$= Rs (110 - 11) = Rs. 99$
$\therefore$ Loss percentage $= (100 - 99)\% = 1\%$
View full question & answer→MCQ 51 Mark
Tick $(\checkmark)$ the correct answer in the following: A man sold two chairs for $Rs. 500$ each. On one he gains $20\%$ and on the other he loses $12\%.$ His net gain or loss percent is:
- ✓
$1.5\%$ gain
- B
$2\%$ gain
- C
$1.5\%$ loss
- D
$2\%$ loss
AnswerCorrect option: A. $1.5\%$ gain
$SP$ of the first chair $= Rs. 500$
Gain percentage $= 20\%$
$CP$ of the first chair $=\Big\{\frac{100}{100+\text{gain}\%}\times\text{SP}\Big\}$
$=\text{Rs. }\Big\{\frac{100}{100+20}\times500\Big\}$
$=\text{Rs. }\Big(\frac{100}{120}\times500\Big)$
$=\text{Rs. }416.67$
SP of the second chair $= Rs. 500$
Loss percentage $= 12\%$
$\therefore CP$ of the second chair $=\frac{100}{(100-\text{loss}\%)}\times\text{SP}\%$
$=\text{Rs. }\Big\{\frac{100}{100-12}\times500\Big\}$
$=\text{Rs. }\Big(\frac{100}{88}\times500\Big)$
$=\text{Rs. }568.18$
Total $CP$ of the two chairs $= Rs. (416.67 + 568.18) = Rs.984.8$
Total $SP$ of the two chairs$ = Rs. (500 × 2) = Rs. 1000$
Since $SP > CP,$ there is a gain in the whole transaction.
Now, gain $= Rs. (1000 - 984.85)$
$= Rs. 15.15$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{15.15}{984.85}\times100\Big)\%$
$=1.5\%$
View full question & answer→MCQ 61 Mark
A dealer lists his goods at $20\%$ above cost price and allows a discount of $10\%$. His gain percent is:
- A
$10\%$
- B
$9\%$
- ✓
$8\%$
- D
$12\%$
AnswerLet the $CP$ be $Rs. 100.$
Then, marked price $= Rs. 120$
Discount $= 10\%$ of $MP$
$= (10\%$ of $Rs.120)$
$=\text{Rs. }\Big(120\times\frac{10}{100}\Big)$
$= Rs. 12$
Now, $SP = (MP) - ($discount$)$
$= Rs. (120 - 12)$
$= Rs. 108$
Gain percentage $= (108 - 100)\%$
$= 8\%$
View full question & answer→MCQ 71 Mark
Tick $(\checkmark)$ the correct answer in the following: By selling a radio for $Rs. 950,$ a man loses $5\%.$ What percent shall he gain by selling it for $Rs. 1040?$
- ✓
$4\%$
- B
$4.5\%$
- C
$5\%$
- D
$9\%$
Answer$SP$ of the radio $= Rs. 950$
Loss $= 5\%$
$\text{CP}=\Big\{\frac{100}{100-\text{loss}}\times\text{SP}\Big\}$
$=\text{Rs. }\Big\{\frac{100}{100-5}\times950\Big\}$
$=\text{Rs. }\Big(\frac{100}{95}\times950\Big)$
$=\text{Rs.}1000$
Now, gain $= Rs. (1040 - 1000) = Rs. 40$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{40}{1000}\times100\Big)\%=4\%$
View full question & answer→MCQ 81 Mark
Tick $(\checkmark)$ the correct answer in the following: Bananas are bought at $3$ for $Rs. 2$ and sold at $2$ for $Rs. 3.$ The gain percent is:
- A
$25\%$
- B
$50\%$
- C
$75\%$
- ✓
$125\%$
AnswerCorrect option: D. $125\%$
Cost price of a banana $=\text{Rs. }\frac{2}{3}$
Selling price of a banana $=\text{Rs. }\frac{3}{2}$
Now, profit $=\text{Rs. }\Big(\frac{3}{2}-\frac{2}{3}\Big)=\text{Rs.}\frac{9-4}{6}=\text{Rs. }\frac{5}{6}$
Gain percentage $=\frac{\text{gain}}{\text{CP}}\times100$
$=\frac{\big(\frac{5}{6}\big)}{\big(\frac{2}{3}\big)}\times100$
$=\frac{5}{6}\times\frac{3}{2}\times100$
$=\frac{5}{4}\times100$
$=5\times25$
$=125\%$
View full question & answer→MCQ 91 Mark
Tick $(\checkmark)$ the correct answer in the following: If the selling price of $10$ pens is the same as the cost price of $12$ pens then gain percent is:
- A
$2\%$
- B
$12\%$
- ✓
$20\%$
- D
$25\%$
AnswerCorrect option: C. $20\%$
Let $Rs. x$ be the $SP$ of each pen
$SP$ of $10$ pens $= CP$ of $12$ pens $= Rs. 12x$
$CP$ of $10$ pens $= Rs. 10x$
Now, gain $= Rs. (12x - 10x) = Rs. 2x$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{2\text{x}}{10\text{x}}\times100\Big)\%$
$=20\%$
View full question & answer→MCQ 101 Mark
On selling $100$ pens, a man gains the selling price of $20$ pens. The gain percent is:
- A
$20\%$
- ✓
$25\%$
- C
$16\frac{2}{3}\%$
- D
$15\%$
AnswerCorrect option: B. $25\%$
Let $Rs. x$ be the $SP$ of $100$ pens.
$SP$ of $1$ pen $=\text{Rs. }\frac{\text{x}}{100}$
Profit on 100 pens = selling price of $20$ pens
$=\frac{20}{100}\times\text{x}$
$=\frac{\text{x}}{5}$
Now, $CP = SP -$ Profit
$=\text{x}-\frac{\text{x}}{5}$
$=\frac{4\text{x}}{5}$
$\therefore$ Profit percent on $100$ pens $=\frac{\text{Profit}}{\text{CP}}\times100$
$=\frac{\frac{\text{x}}{5}}{\frac{4\text{x}}{5}}\times100$
$=25\%$
View full question & answer→MCQ 111 Mark
Tick $(\checkmark)$ the correct answer in the following:
The selling price of an article is $6565$ of the cost price. The gain percent is:
- ✓
$20\%$
- B
$25\%$
- C
$30\%$
- D
$120\%$
AnswerCorrect option: A. $20\%$
Let $Rs. x$ be the $CP$ of each article
$SP$ of an article $=\text{Rs. }\frac{6}{5}\text{x}$
Now, gain $= (SP - CP)$
$=\text{Rs. }\Big(\frac{6}{5}\text{x}-\text{x}\Big)=\text{Rs. }\frac{\text{x}}{5}$
$\therefore$ Gain percentage $\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{\frac{\text{x}}{5}}{\text{x}}\times100\Big)\%$
$=\Big[\big(\frac{\text{x}}{5}\times\frac{1}{\text{x}}\big)\times100\Big]\%=20\%$
View full question & answer→MCQ 121 Mark
Tick $(\checkmark)$ the correct answer in the following:On selling an article for $Rs. 48,$ a shopkeeper loses $20\%.$ In order to gain $20\%,$ what would be the selling price$?$
- A
$Rs. 52$
- B
$Rs. 56$
- C
$Rs. 68$
- ✓
$Rs. 72$
AnswerCorrect option: D. $Rs. 72$
$SP = Rs. 48$
Loss $= 20\%$
Now, CP $=\frac{100}{100-\text{loss}\%}\times\text{SP}$
$\text{Rs.}=\frac{100}{100-\text{loss}\%}\times\text{SP}$
$\text{Rs.}=\Big(\frac{100}{100-20}\times48\Big)$
$\text{Rs.}=\Big(\frac{100}{80}\times48\Big)=\text{Rs. }60$
$\therefore$ Desired SP $=\Big\{\frac{100+\text{gain}\%}{100}\times\text{CP}\Big\}$
$=\Big\{\frac{(100+20)}{100}\times60\Big\}$
$=\text{Rs. }\Big(\frac{12}{10}\times60\Big)$
$=\text{Rs. }72$
View full question & answer→MCQ 131 Mark
Tick $(\checkmark)$ the correct answer in the following: A bat is bought for $Rs. 120$ and sold for $Rs. 105.$ The loss percent is:
- A
$15\%$
- ✓
$12\frac{1}{2}\%$
- C
$16\frac{2}{3}\%$
- D
$14\frac{1}{5}\%$
AnswerCorrect option: B. $12\frac{1}{2}\%$
$CP = Rs. 120$
$SP = Rs. 120$
Loss $= Rs. (120- 105) = Rs. 15$
$\therefore$ Loss percentage $=\Big(\frac{\text{loss}}{\text{CP}}\times100\Big)$
$=\Big(\frac{15}{120}\times100\Big)$
$=12\frac{1}{2}\%$
View full question & answer→MCQ 141 Mark
The selling price of an article is $\frac{6}{5}$ of the cost price. The gain percent is:
- A
$15\%$
- ✓
$20\%$
- C
$25\%$
- D
$30\%$
AnswerCorrect option: B. $20\%$
Let $x$ be the $CP$ of the article.
Then, $SP$ of the article $=\frac{6}{5}\text{x}$
Now, $\text{gain}=(\text{SP}-\text{CP})$
$=\Big(\frac{6}{5}\text{x}-\text{x}\Big)$
$=\frac{\text{x}}{5}$
$\therefore\text{Gain percentage}=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{\frac{\text{x}}{5}}{\text{x}}\times100\Big)\%$
$=\Big(\frac{\text{x}}{5}\times\frac{1}{\text{x}}\Big)\times100\Big)\%$
$=20\%$
View full question & answer→MCQ 151 Mark
Tick $(\checkmark)$ the correct answer in the following:A dealer lists his articles at $20\%$ above cost price and allows a discount of $10\%.$ His gain percent is:
- A
$10\%$
- ✓
$8\%$
- C
$9 \%$
- D
$8\frac{1}{4}\%$
AnswerLet the $CP$ be $Rs. 100$
Then, marked price $= Rs. 120$
Discount $= 10\%$ of $MP$
$= (10\%$ of $Rs. 120)$
$=\text{Rs. }\Big(120\times\frac{10}{100}\Big)$
$= Rs. 12$
Now, $SP = (MP - ($discount$)$
$= Rs (120 - 12) = Rs. 108$
Gain percentage $= (108 - 100)\% = 8\%$
View full question & answer→MCQ 161 Mark
Tick $(\checkmark)$ the correct answer in the following: The price of watch including $10\%\ VAT$ is $Rs.825.$ What is its basic price$?$
- A
$Rs. 742.52$
- B
$Rs. 775$
- ✓
$Rs. 750$
- D
$Rs. 907.50$
AnswerCorrect option: C. $Rs. 750$
Let the basic price be $x$
$VAT = 10\%$ of $Rs. x$
$=\text{Rs. }\Big(\text{x}\times\frac{10}{100}\Big)$
$=\text{Rs. }\frac{11\text{x}}{10}$
Price including $VAT =\text{Rs. }\Big(\text{x}+\frac{\text{x}}{100}\Big)$
$=\text{Rs. }\frac{11\text{x}}{10}$
Now, $\frac{11\text{x}}{10}=825$
$\Rightarrow\text{x}=\Big(825\times\frac{10}{11}\Big)$
$\Rightarrow\text{x}=750$
$\therefore$ The basic price of the watch is $Rs. 750$
View full question & answer→MCQ 171 Mark
Tick $(\checkmark)$ the correct answer in the following:On selling an article at a certain price a man gains $10\%.$ On selling the same article at double the price, gain percent is:
- A
$20\%$
- B
$100\%$
- ✓
$120\%$
- D
$140\%$
AnswerCorrect option: C. $120\%$
Let the $SP$ and $CP$ of the article be $Rs.x$ and $y,$ respectively.
Gain percentage $= 10\%$
$\Rightarrow10=\frac{\text{x}-\text{y}}{\text{x}}\times100$
$\Rightarrow\text{y}=\frac{10\text{x}}{11}$
According to the question, we have
$SP = Rs. 2x$
$\therefore$ Gain percentage $=\frac{\text{gain}}{\text{CP}}\times100$
$=\frac{2\text{x}-\frac{10\text{x}}{11}}{\frac{10\text{x}}{11}}\times100$
$=\frac{12}{10}\times100$
$=120\%$
View full question & answer→MCQ 181 Mark
Tick $(\checkmark)$ the correct answer in the following:The ratio of cost price and selling price of an article is $20 : 21.$ What is the gain percent on it$?$
- ✓
$5\%$
- B
$5\frac{1}{2}\%$
- C
$6\%$
- D
$6\frac{1}{4}\%$
Answer$CP = Rs. 20x$
$SP = Rs. 21x$
Gain $= Rs. (21 - 20) = Rs. x$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{\text{x}}{20\text{x}}\times100\Big)\%=50\%$
View full question & answer→MCQ 191 Mark
The price of a watch including $8\%\ VAT$ is $Rs. 810.$ What is its basic price$?$
- A
$Rs. 675$
- B
$Rs. 729$
- ✓
$Rs. 750$
- D
$Rs. 745$
AnswerCorrect option: C. $Rs. 750$
Let the original price be $Rs. x.$
$VAT = 8\%$ of $Rs. x$
$=\text{Rs. }\Big(\text{x}\times\frac{8}{100}\Big)$
$=\text{Rs. }\frac{8\text{x}}{100}$
$\therefore$ Price including VAT $=\text{Rs. }\Big(\text{x}+\frac{8\text{x}}{100}\Big)$
$=\text{Rs. }\frac{108\text{x}}{100}$
Now, $\frac{108\text{x}}{10}=810$
$\Rightarrow\text{x}=\Big(810\times\frac{100}{108}\Big)$
$\Rightarrow\text{x}=750$
View full question & answer→MCQ 201 Mark
On selling a chair for $Rs. 680,$ a man loses $15\%$. To gain $15\%,$ it must be sold for:
- A
$Rs. 800$
- B
$Rs. 860$
- ✓
$Rs. 920$
- D
$Rs. 884$
AnswerCorrect option: C. $Rs. 920$
$SP = Rs. 680$
Loss percentage $= 15\%$
Now, $\text{CP}=\Big\{\frac{100}{(100-\text{loss}\%)}\times\text{SP}\Big\}$
$=\text{Rs. }\Big\{\frac{100}{(100-15)}\times680\Big\}$
$\text{Rs. }\Big(\frac{100}{85}\times680\Big)$
$=\text{Rs. }800$
$\therefore\text{Desired SP}=\Big\{\frac{(100+\text{gain}\%)}{100}\times\text{CP}\Big\}$
$=\text{Rs. }\Big\{\frac{(100+15)}{100}\times800\Big\}$
$=\text{Rs. }\Big(\frac{115}{100}\times800\Big)$
$=\text{Rs. }920$
View full question & answer→MCQ 211 Mark
Tick $(\checkmark)$ the correct answer in the following: Ravi buys some toffees at $5$ for a rupee and sells them at $2$ for a rupee. His gain percent is:
- A
$30\%$
- B
$40\%$
- C
$50\%$
- ✓
$150\%$
AnswerCorrect option: D. $150\%$
$L.C.M$ of $5$ and $2 = (5 \times 1 \times 2) = 10$
Let $10$ be the number of toffees bought
$CP$ of $5$ toffees $= Rs. 1$
$CP$ of $1$ toffee $=\text{Rs. }\Big(\frac{1}{5}\Big)$
$\therefore CP$ of $10$ toffees $=\text{Rs.}\Big(\frac{1}{5}\times10\Big)=\text{Rs. }2$
$SP$ of $2$ toffees $= Rs. 1$
$SP$ of $1$ toffees $=\text{Rs.}\Big(\frac{1}{2}\Big)$
$\therefore SP$ pf $10$ toffees $=\text{Rs.}\Big(\frac{1}{2}\times10\Big)=\text{Rs. }5$
Gain $= Rs. (5 - 2) = Rs. 3$
Gain percentage $\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{3}{2}\times100\Big)=150\%$
View full question & answer→MCQ 221 Mark
Tick $(\checkmark)$ the correct answer in the following: A bookseller sells a book for $Rs. 100,$ gaining $Rs. 20$. His gain percent is:
AnswerCorrect option: B. $25\%$
$CP = SP = Rs. (100 - 20) = Rs. 80$
$\therefore$ Gain percentage $=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{20}{80}\times100\Big)\%$
$=25\%$
View full question & answer→MCQ 231 Mark
Tick $(\checkmark)$ the correct answer in the following: Oranges are bought at $5$ for $Rs. 10$ and sold at $6$ for $Rs. 15.$ His gain percent is:
- A
$50\%$
- B
$40\%$
- C
$35\%$
- ✓
$25\%$
AnswerCorrect option: D. $25\%$
$L.C.M$ of $5$ and $2 = (5 × 1 × 6) = 30$
Let $30$ be the number of oranges bought
$CP$ of $5$ oranges $= Rs. 10$
$CP$ of $1$ oranges $=\text{Rs. }\Big(\frac{10}{5}\Big)\text{Rs. }2$
$\therefore CP$ of $30$ oranges $Rs. (2 × 30) = Rs. 60$
$SP$ of $6$ oranges $= Rs. 15$
$SP$ of $1$ oranges $=\text{Rs. }\Big(\frac{15}{6}\Big)$
$\therefore$ SP pf 30 oranges $=\text{Rs.}\Big(\frac{15}{6}\times30\Big)=\text{Rs. }75$
Now, Gain $= Rs. (75 - 60) = Rs. 15$
$\therefore$ Gain percentage $\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{15}{60}\times100\Big)=25\%$
View full question & answer→MCQ 241 Mark
Tick $(\checkmark)$ the correct answer in the following:On selling $100$ pencils a man gains the selling price of $20$ pencils. His gain percent is:
- A
$20\%$
- ✓
$25\%$
- C
$22\frac{1}{2}\%$
- D
$16\frac{2}{3}\%$
AnswerCorrect option: B. $25\%$
Let the $SP$ of $100$ pens be $Rs.x.$
$SP$ of $1$ pen $=\text{Rs. }\frac{\text{x}}{100}$
Profit $=\text{Rs. }\frac{\text{20x}}{100}$
$=\text{Rs. }\frac{\text{x}}{5}$
Now, CP $=\text{x}-\frac{\text{x}}{5}=\frac{4\text{x}}{5}$
$\therefore$ Gain percentage $=\frac{\frac{\text{x}}{5}}{\frac{4\text{x}}{5}}\times100=25\%$
View full question & answer→MCQ 251 Mark
A man sells a bat for $Rs. 100 $ gaining $Rs. 20.$ His gain percent is:
- A
$20\%$
- B
$22\%$
- C
$18\%$
- ✓
$25\%$
AnswerCorrect option: D. $25\%$
$SP = Rs. 100$
$Gain = Rs. 20$
$CP = Rs. (100 - 20)$
$= Rs. 80$
$\text{Gain percentsge}=\Big(\frac{\text{gain}}{\text{CP}}\times100\Big)\%$
$=\Big(\frac{20}{80}\times100\Big)\%$
$=25\%$
View full question & answer→MCQ 261 Mark
Tick $(\checkmark)$ the correct answer in the following: The profit earned on selling an article for $Rs. 625$ is the same as loss on selling it for $Rs. 435.$ The cost price of the article is:
- A
$Rs. 520$
- ✓
$Rs. 530$
- C
$Rs. 540$
- D
$Rs. 550$
AnswerCorrect option: B. $Rs. 530$
Let the $CP$ be $Rs. x$
Then, we have:
$625 - x = x - 435$
$⇒ x + x = 625 + 435$
$⇒ 2x = 1060$
$\therefore x = Rs. 530$
View full question & answer→MCQ 271 Mark
Tick $(\checkmark)$ the correct answer in the following: If an article is sold at a gain of $5\%$ instead of being sold at a loss of $5\%,$ a man gets $Rs. 5$ more. What is the cost price of the article$?$
- ✓
$Rs. 50$
- B
$Rs. 40$
- C
$Rs. 60$
- D
$Rs. 80$
AnswerCorrect option: A. $Rs. 50$
Let the $CP$ be $Rs.x.$
Then, we have:
$(105\%$ of $x) - (95\%$ of $x) = 5$
$\Rightarrow\Big(\frac{105}{100}\times\text{x}\Big)-\Big(\frac{95}{100}\times\text{x}\Big)=5$
$\Rightarrow\Big(\frac{105\times\text{x}}{100}\Big)-\Big(\frac{95\text{x}}{100}\Big)=5$
$\Rightarrow\Big(\frac{105\text{x}}{100}-\frac{95\text{x}}{100}\Big)=5$
$\Rightarrow\frac{10\text{x}}{100}=5$
$\Rightarrow\frac{\text{x}}{100}=5$
$\Rightarrow\text{x}=50$
$\therefore\text{CP}=\text{Rs. }50$
View full question & answer→MCQ 281 Mark
The price of watch including $10 \%$ VAT is ₹ 825 . What is its basic price?
View full question & answer→MCQ 291 Mark
The marked price of an article is $10 \%$ more than the cost price and a discount of $10 \%$ is given on the marked price. The seller has
View full question & answer→MCQ 301 Mark
A dealer lists his articles at $20 \%$ above cost price and allows a discount of $10 \%$. His gain per cent is
View full question & answer→MCQ 311 Mark
If an article is sold at a gain of $5 \%$ instead of being sold at a loss of 5\%, a man gets ₹ 5 more What is the cost price of the article?
Hint. Let the CP be ₹ $x$. Then. $(105 \%$ of $x)-(95 \%$ of $x)=5$.
View full question & answer→MCQ 321 Mark
A man buys an article for $₹ 150$ and makes overhead expenses which are $10 \%$ of the cost price. At what price must he sell it to gain $20 \%$ ?
View full question & answer→MCQ 331 Mark
The profit earned on selling an article for $₹ 625$ is the same as loss on selling it for $₹ 435$. The cost price of the article is
Hint. Let the CP be $₹ x$. Then, $625-x=x-435$. Find $x$.
View full question & answer→MCQ 341 Mark
A man sold two chairs for ₹ 500 each. On one he gains $20 \%$ and on the other he loses $12 \%$. His net gain or loss per cent is
View full question & answer→MCQ 351 Mark
The ratio of cost price and selling price of an article is $20: 21$. What is the gain per cent on it?
- ✓
- B
$5 \frac{1}{2} \%$
- C
$6 \%$
- D
$6 \frac{1}{4} \%$
View full question & answer→MCQ 361 Mark
On selling a chair for ₹ 720 , a man loses $25 \%$. To gain $25 \%$ it must be sold for
View full question & answer→MCQ 371 Mark
The selling price of an article is $\frac{6}{5}$ of the cost price. The gain per cent is
View full question & answer→MCQ 381 Mark
By selling a radio for $₹ 950$, a man loses $5 \%$. What per cent shall he gain by selling it for $₹ 1040$ ?
View full question & answer→MCQ 391 Mark
Oranges are bought at 5 for $₹ 10$ and sold at 6 for $₹ 15$. His gain per cent is
View full question & answer→MCQ 401 Mark
Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupee. His gain per cent is
MCQ 411 Mark
On selling 100 pencils a man gains the selling price of 20 pencils. His gain per cent is
- A
- ✓
- C
$22 \frac{1}{2} \%$
- D
$16 \frac{2}{3} \%$
View full question & answer→MCQ 421 Mark
If the selling price of 10 pens is the same as the cost price of 12 pens then gain per cent is
MCQ 431 Mark
Bananas are bought at 3 for $₹ 2$ and sold at 2 for $₹ 3$. The gain per cent is
View full question & answer→MCQ 441 Mark
On selling an article at a certain price a man gains $10 \%$. On selling the same article at double the price, gain per cent is
View full question & answer→MCQ 451 Mark
On selling an article for ₹ 48 , a shopkeeper loses $20 \%$. In order to gain $20 \%$, what would be the selling price?
View full question & answer→MCQ 461 Mark
A bookseller sells a book for ₹ 100 , gaining ₹ 20 . His gain per cent is
MCQ 471 Mark
A bat is bought for ₹ 120 and sold for $₹ 105$. The loss per cent is
- A
- ✓
$12 \frac{1}{2} \%$
- C
$16 \frac{2}{3} \%$
- D
$14 \frac{1}{5} \%$
AnswerCorrect option: B. $12 \frac{1}{2} \%$
View full question & answer→MCQ 481 Mark
Rajan buys a toy for ₹ 75 and sells it for ₹ 100 . His gain per cent is
- A
- B
- ✓
$33 \frac{1}{3} \%$
- D
$37 \frac{1}{2} \%$
AnswerCorrect option: C. $33 \frac{1}{3} \%$
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