Profit & Loss MCQs for CET 12th Level
Practice 20 free Profit & Loss questions under Arithmetic — Maths.
Strengthen your Profit & Loss knowledge for CET 12th Level with curated MCQs. Switch between Hindi and English anytime.
CET 12th Level — Arithmetic — Profit & Loss
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
A and B start a business with investments of Rs. 4000 and Rs. 5000 respectively. After 6 months, C joins them with Rs. 6000. Find the share of B in an annual profit of Rs. 2400.
Question 2 of 20
An article sold at a 5% profit yields Rs 50 more than if it were sold at a 5% loss. What is the cost price of the article?
Question 3 of 20
If a sum of ₹1000 is divided among A and B in the ratio 3:2, find A's share.
Question 4 of 20
If the cost price of 20 articles is equal to the selling price of 16 articles, what is the profit percentage?
Question 5 of 20
An article is sold for Rs. 144. If the percentage of profit is numerically equal to its cost price, find the cost price of the article.
Question 6 of 20
A dealer marks his goods 30% above the CP. He sells half the stock at the MP, a quarter at a 15% discount, and the rest at a 30% discount. Find his overall profit percentage.
Question 7 of 20
A dishonest shopkeeper marks his goods 20% above CP and also uses a weight of 900 grams instead of 1 kg. What is his total profit percentage?
Question 8 of 20
A trader marks his goods at such a price that after allowing a discount of 15% he makes a profit of 19%. What is the ratio of cost price to marked price?
Question 9 of 20
A store offers a scheme 'Buy 5, Get 3 Free'. What is the effective discount percentage?
Question 10 of 20
Match List-I with List-II: List-I A. Two successive discounts of 10% B. False weight of 800g for 1kg C. Profit of 20% on 100 CP D. SI for 2 yrs at 5% on Rs 100 List-II i. 120 SP ii. Rs 10 iii. 19% single discount iv. 25% profit Choose the correct code:
Question 11 of 20
If a merchant calculates his profit on the selling price and finds it to be 25%, what is his actual profit percentage?
Question 12 of 20
A boy goes to school at a speed of 3 km/h and returns to the village at a speed of 2 km/h. If he takes 5 hours in all, what is the distance between the village and the school?
Question 13 of 20
The marked price of a shirt is Rs. 1000. After allowing two successive discounts of 10% and x%, it is sold for Rs. 810. Find the value of x.
Question 14 of 20
A dishonest dealer claims to sell his goods at the cost price but uses a weight of 800 grams for a kilogram. What is his profit percentage?
Question 15 of 20
A man sells an article at a loss of 10%. Had he sold it for ₹150 more, he would have gained 5%. What is the cost price of the article?
Question 16 of 20
A dishonest milkman buys milk at CP and mixes it with water. He sells the mixture at CP and gains 25%. What is the ratio of milk to water in the mixture?
Question 17 of 20
10 years ago, A was half of B in age. If the ratio of their present ages is 3:4, what will be the total of their present ages?
Question 18 of 20
If a merchant estimates his profit as 20% on the selling price, what is his real profit percentage on the cost price?
Question 19 of 20
If x% of y is 100 and y% of z is 200, then find the relation between x and z.
Question 20 of 20