Profit, Loss & Discount LAT MCQs
50 questions · LAT
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Question 1 of 50
CP=Rs.400, Profit=12.5%. SP?
ExplanationSP=400×1.125=450
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Question 2 of 50
Profit=33.33% on CP. Profit on SP?
ExplanationIf CP=300,SP=400; P on SP=100/400=25%
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Question 3 of 50
CP=400, Profit=25%. SP?
ExplanationSP=400×1.25=500
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Question 4 of 50
If CP:SP = 4:5, Profit %?
ExplanationProfit=(5−4)/4×100=25%
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Question 5 of 50
A grocer sells apples at Rs.90/kg costing Rs.75/kg. Profit %?
ExplanationP%=(15/75)×100=20%
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Question 6 of 50
SP=Rs.1,050, Profit=5%. CP?
ExplanationCP=1050/1.05=1,000
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Question 7 of 50
A person sells two TVs at Rs.9,000 each, one at 10% profit, other 10% loss. Net?
ExplanationNet loss=2×SP×(loss%)²/(100²−loss%²) ≈ use formula: loss=2×9000×100/9900≈Rs.182≈Rs.200 loss approx
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Question 8 of 50
CP=Rs.2,000, Profit=Rs.400. SP?
ExplanationSP=2000+400=2,400
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Question 9 of 50
Profit=10%, SP=Rs.1,210. CP?
ExplanationCP=1210/1.1=1,100
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Question 10 of 50
A shopkeeper marks goods 40% above CP and allows 25% discount. Profit %?
ExplanationSP=CP×1.4×0.75=CP×1.05 → Profit=5%
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Question 11 of 50
Article bought at Rs.720 and sold for Rs.900. Profit %?
ExplanationP%=(180/720)×100=25%
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Question 12 of 50
CP=Rs.1,200, Loss=25%. SP?
ExplanationSP=1200×0.75=900
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Question 13 of 50
SP=Rs.900, Profit=20%. CP?
ExplanationCP=900/1.20=750
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Question 14 of 50
SP=Rs.1,800, Loss=Rs.200. CP?
ExplanationCP=SP+Loss=1800+200=2,000
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Question 15 of 50
SP=Rs.880, Profit=10%. CP?
ExplanationCP=880/1.1=800
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Question 16 of 50
A trades rice at CP and gives 800g for 1kg. Effective profit %?
ExplanationHe sells 800g at price of 1000g; Profit=200/800×100=25%
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Question 17 of 50
A trader buys at Rs.200, sells at Rs.250. Profit %?
ExplanationP%=(50/200)×100=25%
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Question 18 of 50
SP=Rs.1,320, Profit=10%. CP?
ExplanationCP=1320/1.10=1200
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Question 19 of 50
SP=Rs.680, Loss=15%. CP?
ExplanationCP=680/0.85=800
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Question 20 of 50
Two items bought at Rs.500 each. One sold at 20% profit, other at 20% loss. Net result?
ExplanationP=100; L=100; net=0
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Question 21 of 50
SP=Rs.3,600, Loss=10%. CP?
ExplanationCP=3600/0.9=4,000
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Question 22 of 50
SP=660, CP=600. Profit %?
ExplanationP%=(60/600)×100=10%
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Question 23 of 50
CP=Rs.1,600, Loss=Rs.200. Loss %?
ExplanationL%=(200/1600)×100=12.5%
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Question 24 of 50
MP=Rs.1,500, SP=Rs.1,200. Discount %?
ExplanationD%=(300/1500)×100=20%
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Question 25 of 50
A man buys 10 books for Rs.1,500 and sells each at Rs.180. Profit/Loss?
ExplanationSP total=1800; Profit=300
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Question 26 of 50
CP=Rs.500, SP=Rs.600. Profit?
ExplanationProfit=SP−CP=100
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Question 27 of 50
CP=Rs.3,500, Loss=Rs.350. SP?
ExplanationSP=3500−350=3,150
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Question 28 of 50
A shopkeeper buys goods for Rs.10,000, spends Rs.500 on transport, sells at 20% profit. SP?
ExplanationTotal CP=10500; SP=10500×1.2=12,600
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Question 29 of 50
CP=1000, Profit=20%. SP?
ExplanationSP=1000×1.20=1200
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Question 30 of 50
Two articles sold at Rs.1200 each. One at 20% profit, other at 20% loss. Net loss?
ExplanationCP1=1000; CP2=1500; Total CP=2500; Total SP=2400; Loss=100
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Question 31 of 50
A vendor marks 30% above CP, gives 10% discount. Profit %?
ExplanationSP=CP×1.3×0.9=CP×1.17 → P=17%
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Question 32 of 50
SP=Rs.1,150, Profit=15%. CP?
ExplanationCP=1150/1.15=1,000
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Question 33 of 50
CP=Rs.750, Profit=40%. SP?
ExplanationSP=750×1.4=1,050
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Question 34 of 50
CP=Rs.300, SP=Rs.270. Loss %?
ExplanationL%=(30/300)×100=10%
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Question 35 of 50
MP=Rs.500, Discount=20%. SP?
ExplanationSP=500×0.80=400
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Question 36 of 50
CP=Rs.450, Profit=Rs.90. Profit %?
ExplanationP%=(90/450)×100=20%
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Question 37 of 50
SP=Rs.2,400, Profit=20%. CP?
ExplanationCP=2400/1.2=2,000
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Question 38 of 50
SP=Rs.504, Discount=16%. MP?
ExplanationSP=MP×0.84; MP=504/0.84=600
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Question 39 of 50
MP=Rs.1000, Discount=15%. SP?
ExplanationSP=1000×0.85=850
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Question 40 of 50
CP=Rs.2500, Overhead=Rs.500, Profit=20%. SP?
ExplanationTotal CP=3000; SP=3000×1.2=3,600
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Question 41 of 50
SP=Rs.700, Loss=12.5%. CP?
ExplanationCP=700/0.875=800
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Question 42 of 50
CP=Rs.600, Profit=Rs.150. SP?
ExplanationSP=600+150=750
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Question 43 of 50
SP=460, CP=500. Loss %?
ExplanationL%=(40/500)×100=8%
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Question 44 of 50
MP=Rs.2,000, two successive discounts 10% and 5%. Final SP?
ExplanationAfter 10%=1800; after 5%=1800×0.95=1,710
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Question 45 of 50
A shopkeeper gives 3 articles free on purchase of 12. Discount %?
ExplanationDiscount=3/15×100=20%
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Question 46 of 50
Discount=15% on Rs.800. Discount amount?
Explanation15%×800=120
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Question 47 of 50
CP=Rs.800, SP=Rs.720. Loss?
ExplanationLoss=CP−SP=80
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Question 48 of 50
CP=Rs.1,800, SP=Rs.2,160. Profit %?
ExplanationP%=(360/1800)×100=20%
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Question 49 of 50
CP=600, Loss=10%. SP?
ExplanationSP=600×0.90=540
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Question 50 of 50
If CP:SP = 5:4, Loss %?
ExplanationLoss=(5−4)/5×100=20%
0 / 50 answered
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