Maths Mcqs Practice Test

Question 1

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:________?

Accepted Answer

D. 140

Question 2

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?

Accepted Answer

E. None of these

Question 3

The ratio of the cost price and the selling price is 4:5. The profit percent is:__________?

Accepted Answer

C. 25%

Question 4

Jameel brought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20%?

Accepted Answer

C. Rs. 500

Question 5

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:

Accepted Answer

A. Rs. 500

Question 6

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?

Accepted Answer

C. 5.6

Question 7

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?

Accepted Answer

C. 8 1/3 %

Question 8

The successive discounts 20% and 15% are equal to a single discount of__________?

Accepted Answer

C. 32%

Question 9

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?

Accepted Answer

D. Rs. 17600

Question 10

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?

Accepted Answer

C. 20%

Question 11

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?

Accepted Answer

A. Rs. 72

Question 12

A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?

Accepted Answer

E. None of these

Question 13

Mahad sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?

Accepted Answer

A. Rs. 15000

Question 14

Rayyan purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a________?

Accepted Answer

D. profit of Rs. 200

Question 15

A shopkeeper sells 400 metres of cloth for Rs. 18000 at a loss of Rs.5 per metre. Find his cost price for one metre of cloth?

Accepted Answer

D. Rs. 50

Question 16

The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 24,000 is made?

Accepted Answer

B. Rs. 1,20,000

Question 17

After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?

Accepted Answer

C. Rs. 5000

Question 18

A shopkeeper sells 20% of his stock at 10% profit ans sells the remaining at a loss of 5%. He incurred an overall loss of Rs. 400. Find the total worth of the stock?

Accepted Answer

B. Rs. 20000

Question 19

A fruit vendor purchased 20 dozens of bananas at Rs. 15 per dozen. But one-fourth of the bananas were rotten and had to be thrown away. He sold two-third of the remaining bananas at Rs. 22.50 per dozen. At what price per dozen should he sell the remaining bananas to make neither a profit nor a loss?

Accepted Answer

B. Rs. 15

Question 20

By selling 99 pens, a trader gains the cost of 33 pens. Find his gain percentage?

Accepted Answer

A. 33 1/3%