MCQs 1: A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
MCQs 2: On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:________?
MCQs 3: If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:
MCQs 4: If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:
MCQs 5: The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
MCQs 6: The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?
MCQs 7: 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?
MCQs 8: If selling price is doubled, the profit triples. Find the profit percent:
MCQs 9: A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be:________?
MCQs 10: The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?
MCQs 11: The ratio of the cost price and the selling price is 4:5. The profit percent is:__________?
MCQs 12: Let C.P. = Rs. 4x. Then, S.P. = Rs. 5x
Gain = (5x – 4x) = Rs. x
Gain % = (x * 100)/ 4x = 25%.
MCQs 13: The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:
MCQs 14: Samad purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
MCQs 15: A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent?
MCQs 16: The successive discounts 20% and 15% are equal to a single discount of__________?
MCQs 17: Rahat purchased a refrigerator for Rs. 12500 after getting a discount of 20% on the labelled price. He spent Rs. 125 on transport and Rs. 250 on installation. At what price should it be sold so that the profit earned would be 10% if no discount was offered?
MCQs 18: Mahad marks an article 15% above the cost price of Rs. 540. What must be his discount percentage if he sells it at Rs. 496.80?
MCQs 19: An article was sold after a discount of 20% and there was a gain of 20%. If the profit made on it was Rs. 6 less than the discount offered on it, find its selling price?
MCQs 20: A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?
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- Chapter 10: Number Sequences - Math Mcqs for Grade 6
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- Chapter 1: Algebraic Equations & Simple Inequalities - Math Mcqs for Grade 6
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- Chapter 2: Angle Properties of Polygons - Math Mcqs for Grade 6
- Chapter 2: Class 7 Maths Problems - Math Mcqs for Grade 7
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- Chapter 5: Expansion & Factorization of Algebraic Expressions - Math Mcqs for Grade 7
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- Chapter 5: Mensuration Arc Length, Sector Area & Radian Measure - Math Mcqs for Grade 8
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- Chapter 6: Set Language & Notation - Math Mcqs for Grade 7
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- Chapter 7: Fundamental Algebra - Math Mcqs for Grade 6
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- Chapter 8: Geometrical Concepts & Properties - Math Mcqs for Grade 6
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