# Profit and Loss MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Profit and Loss, a fundamental topic in the field of Aptitude. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Profit and Loss MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Profit and Loss mcq questions that explore various aspects of Profit and Loss problems. Each MCQ is crafted to challenge your understanding of Profit and Loss principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Aptitude tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Profit and Loss MCQs are your pathway to success in mastering this essential Aptitude topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Profit and Loss. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Profit and Loss knowledge to the test? Let's get started with our carefully curated MCQs!

### Profit and Loss MCQs | Page 1 of 2

Q1.
Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
Q2.
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
Q3.
If selling price is doubled, the profit triples. Find the profit percent.
Q4.
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?
Q5.
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

a.

3

b.

4

c.

5

d.

6

Q6.
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?