Profit and Loss Percentage Multiple Choice Questions (MCQ) PDF Download

MCQ 1: If Ana sells her house at loss of 10% on cost and paid $125000 for it then its selling price is

1. $117,500
2. $124,500
3. $112,500
4. $122,500

MCQ 2: If antique piece is sold for $1200 at gain of 30% on sale price then the profit is

1. $960
2. $923
3. $823
4. $723

MCQ 3: Harry bought 50kg of potatoes for resale on his retailer store whereas he paid $2/kg. he expects that 5% potatoes will be rotten. If 95% profit on cost is to be obtained then selling price is

1. $4.10
2. $6.20
3. $5.80
4. $7.30

MCQ 4: If a book is sold for $250 at 15% loss on cost then cost price of book is

1. $350
2. $300
3. $365
4. $294

MCQ 5: If a handbag is sold for $2000 at gain of 20% on cost price then the cost is

1. $1,666
2. $2,666
3. $3,666
4. $1,850