Profit and Loss MCQs: Practice Questions and Answers

A shopkeeper sells an item at a 20% profit. If the cost price is Rs.100, what is the selling price?
a) Rs.80
b) Rs.100
c) Rs.120
d) Rs.150

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.100 + (Rs.100 * 20%) = Rs.120. Therefore, the correct answer is c) Rs.120.

A trader sells a shirt for Rs.40, incurring a loss of 20%. What was the cost price of the shirt?
a) Rs.32
b) Rs.40
c) Rs.48
d) Rs.50

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.40 and the loss is 20% of the cost price. Let’s assume the cost price is x. Then, 80% of x (0.8x) is equal to Rs.40. Solving for x gives x = Rs.40 / 0.8 = Rs.50. Therefore, the correct answer is d) Rs.50.

A laptop is sold for Rs.900 with a profit of 20%. What was the cost price of the laptop?
a) Rs.720
b) Rs.900
c) Rs.1,080
d) Rs.1,200

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.900 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.900. Solving for x gives x = Rs.900 / 1.2 = Rs.750. Therefore, the correct answer is Rs.750.

A pair of shoes is sold for Rs.80 with a loss of 10%. What was the cost price of the shoes?
a) Rs.72
b) Rs.80
c) Rs.88
d) Rs.90

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.80 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.80. Solving for x gives x = Rs.80 / 0.9 = Rs.88. Therefore, the correct answer is c) Rs.88.

A product is bought for Rs.50 and sold for Rs.75. What is the profit percentage?
a) 20%
b) 30%
c) 40%
d) 50%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.75 – Rs.50 = Rs.25. The cost price is Rs.50. Therefore, the profit percentage is (Rs.25 / Rs.50) * 100% = 50%. Therefore, the correct answer is d) 50%.

A book is sold for Rs.30, incurring a loss of 10%. What was the cost price of the book?
a) Rs.27
b) Rs.30
c) Rs.33
d) Rs.36

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.30 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.30. Solving for x gives x = Rs.30 / 0.9 = Rs.33. Therefore, the correct answer is c) Rs.33.

A trader sells an item for Rs.120, making a profit of 25%. What was the cost price of the item?
a) Rs.80
b) Rs.96
c) Rs.100
d) Rs.125

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is b) Rs.96.

A product is sold for Rs.200, resulting in a loss of 20%. What was the cost price of the product?
a) Rs.150
b) Rs.200
c) Rs.250
d) Rs.300

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.200 and the loss is 20% of the cost price. Let’s assume the cost price is x. Then, 80% of x (0.8x) is equal to Rs.200. Solving for x gives x = Rs.200 / 0.8 = Rs.250. Therefore, the correct answer is c) Rs.250.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 50%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is b) 25%.

A product is sold for Rs.150 with a profit of 10%. What was the cost price of the product?
a) Rs.120
b) Rs.135
c) Rs.140
d) Rs.165

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.150 and the profit is 10% of the cost price. Let’s assume the cost price is x. Then, 110% of x (1.1x) is equal to Rs.150. Solving for x gives x = Rs.150 / 1.1 = Rs.136.36 (rounded to the nearest cent). Therefore, the correct answer is b) Rs.135.

A shopkeeper sells a toy for Rs.24, incurring a loss of 25%. What was the cost price of the toy?
a) Rs.18
b) Rs.20
c) Rs.25
d) Rs.30

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.24 and the loss is 25% of the cost price. Let’s assume the cost price is x. Then, 75% of x (0.75x) is equal to Rs.24. Solving for x gives x = Rs.24 / 0.75 = Rs.32. Therefore, the correct answer is d) Rs.30.

A laptop is sold for Rs.800, resulting in a profit of 10%. What was the cost price of the laptop?
a) Rs.720
b) Rs.800
c) Rs.880
d) Rs.1,000

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.800 and the profit is 10% of the cost price. Let’s assume the cost price is x. Then, 110% of x (1.1x) is equal to Rs.800. Solving for x gives x = Rs.800 / 1.1 = Rs.727.27 (rounded to the nearest cent). Therefore, the correct answer is a) Rs.720.

A product is bought for Rs.80 and sold for Rs.64. What is the loss percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.64 = Rs.16. The cost price is Rs.80. Therefore, the loss percentage is (Rs.16 / Rs.80) * 100% = 20%. Therefore, the correct answer is c) 20%.

A trader sells an item for Rs.150, making a profit of 20%. What was the cost price of the item?
a) Rs.100
b) Rs.120
c) Rs.140
d) Rs.160

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.150 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.150. Solving for x gives x = Rs.150 / 1.2 = Rs.125. Therefore, the correct answer is b) Rs.120.

A product is sold for Rs.80 with a loss of 20%. What was the cost price of the product?
a) Rs.60
b) Rs.80
c) Rs.100
d) Rs.120

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.80 and the loss is 20% of the cost price. Let’s assume the cost price is x. Then, 80% of x (0.8x) is equal to Rs.80. Solving for x gives x = Rs.80 / 0.8 = Rs.100. Therefore, the correct answer is c) Rs.100.

A car is bought for Rs.30,000 and sold for Rs.25,000. What is the loss percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.30,000 – Rs.25,000 = Rs.5,000. The cost price is Rs.30,000. Therefore, the loss percentage is (Rs.5,000 / Rs.30,000) * 100% = 16.67% (rounded to two decimal places). Therefore, the correct answer is not given.

A product is sold for Rs.120 with a profit of 25%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is not given.

A shopkeeper sells a watch for Rs.200, making a profit of 40%. What was the cost price of the watch?
a) Rs.120
b) Rs.140
c) Rs.160
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 40% of the cost price. Let’s assume the cost price is x. Then, 140% of x (1.4x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.4 = Rs.142.86 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is bought for Rs.75 and sold for Rs.100. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 33.33%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.100 – Rs.75 = Rs.25. The cost price is Rs.75. Therefore, the profit percentage is (Rs.25 / Rs.75) * 100% = 33.33% (rounded to two decimal places). Therefore, the correct answer is d) 33.33%.

A shopkeeper sells a shirt for Rs.40, making a profit of 25%. What was the cost price of the shirt?
a) Rs.24
b) Rs.30
c) Rs.32
d) Rs.36

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.40 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.40. Solving for x gives x = Rs.40 / 1.25 = Rs.32. Therefore, the correct answer is c) Rs.32.

A product is sold for Rs.90 with a loss of 10%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.90 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.90. Solving for x gives x = Rs.90 / 0.9 = Rs.100. Therefore, the correct answer is c) Rs.100.

A car is bought for Rs.25,000 and sold for Rs.30,000. What is the profit percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.30,000 – Rs.25,000 = Rs.5,000. The cost price is Rs.25,000. Therefore, the profit percentage is (Rs.5,000 / Rs.25,000) * 100% = 20%. Therefore, the correct answer is c) 20%.

A product is sold for Rs.120 with a profit of 30%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 30% of the cost price. Let’s assume the cost price is x. Then, 130% of x (1.3x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.3 = Rs.92.31 (rounded to the nearest cent). Therefore, the correct answer is not given.

A shopkeeper sells a toy for Rs.30, incurring a loss of 20%. What was the cost price of the toy?
a) Rs.24
b) Rs.30
c) Rs.36
d) Rs.40

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.30 and the loss is 20% of the cost price. Let’s assume the cost price is x. Then, 80% of x (0.8x) is equal to Rs.30. Solving for x gives x = Rs.30 / 0.8 = Rs.37.50. Therefore, the correct answer is not given.

A laptop is sold for Rs.800, resulting in a profit of 25%. What was the cost price of the laptop?
a) Rs.600
b) Rs.640
c) Rs.720
d) Rs.1,000

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.800 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.800. Solving for x gives x = Rs.800 / 1.25 = Rs.640. Therefore, the correct answer is b) Rs.640.

A product is bought for Rs.40 and sold for Rs.32. What is the loss percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.40 – Rs.32 = Rs.8. The cost price is Rs.40. Therefore, the loss percentage is (Rs.8 / Rs.40) * 100% = 20%. Therefore, the correct answer is c) 20%.

A trader sells an item for Rs.150, making a profit of 10%. What was the cost price of the item?
a) Rs.120
b) Rs.135
c) Rs.140
d) Rs.165

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.150 and the profit is 10% of the cost price. Let’s assume the cost price is x. Then, 110% of x (1.1x) is equal to Rs.150. Solving for x gives x = Rs.150 / 1.1 = Rs.136.36 (rounded to the nearest cent). Therefore, the correct answer is not given.

A shopkeeper sells a watch for Rs.200, making a profit of 20%. What was the cost price of the watch?
a) Rs.150
b) Rs.160
c) Rs.180
d) Rs.190

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.2 = Rs.166.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.90 with a profit of 15%. What was the cost price of the product?
a) Rs.70
b) Rs.75
c) Rs.80
d) Rs.85

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.90 and the profit is 15% of the cost price. Let’s assume the cost price is x. Then, 115% of x (1.15x) is equal to Rs.90. Solving for x gives x = Rs.90 / 1.15 = Rs.78.26 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is bought for Rs.50 and sold for Rs.40. What is the loss percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.50 – Rs.40 = Rs.10. The cost price is Rs.50. Therefore, the loss percentage is (Rs.10 / Rs.50) * 100% = 20%. Therefore, the correct answer is c) 20%.

A shopkeeper sells a shirt for Rs.30, making a profit of 25%. What was the cost price of the shirt?
a) Rs.20
b) Rs.24
c) Rs.28
d) Rs.32

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.30 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.30. Solving for x gives x = Rs.30 / 1.25 = Rs.24. Therefore, the correct answer is b) Rs.24.

A product is sold for Rs.80 with a profit of 20%. What was the cost price of the product?
a) Rs.60
b) Rs.65
c) Rs.70
d) Rs.75

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.80 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.80. Solving for x gives x = Rs.80 / 1.2 = Rs.66.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 10%
b) 15%
c) 20%
d) 25%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is d) 25%.

A product is sold for Rs.120 with a profit of 30%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 30% of the cost price. Let’s assume the cost price is x. Then, 130% of x (1.3x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.3 = Rs.92.31 (rounded to the nearest cent). Therefore, the correct answer is not given.

A shopkeeper sells a toy for Rs.40, incurring a loss of 20%. What was the cost price of the toy?
a) Rs.24
b) Rs.30
c) Rs.36
d) Rs.40

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.40 and the loss is 20% of the cost price. Let’s assume the cost price is x. Then, 80% of x (0.8x) is equal to Rs.40. Solving for x gives x = Rs.40 / 0.8 = Rs.50. Therefore, the correct answer is not given.

A laptop is sold for Rs.800, resulting in a profit of 25%. What was the cost price of the laptop?
a) Rs.600
b) Rs.640
c) Rs.720
d) Rs.1,000

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.800 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.800. Solving for x gives x = Rs.800 / 1.25 = Rs.640. Therefore, the correct answer is b) Rs.640.

A product is bought for Rs.50 and sold for Rs.45. What is the loss percentage?
a) 5%
b) 10%
c) 15%
d) 20%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.50 – Rs.45 = Rs.5. The cost price is Rs.50. Therefore, the loss percentage is (Rs.5 / Rs.50) * 100% = 10%. Therefore, the correct answer is b) 10%.

A trader sells an item for Rs.150, making a profit of 20%. What was the cost price of the item?
a) Rs.120
b) Rs.135
c) Rs.140
d) Rs.165

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.150 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.150. Solving for x gives x = Rs.150 / 1.2 = Rs.125. Therefore, the correct answer is not given.

A shopkeeper sells a watch for Rs.200, making a profit of 30%. What was the cost price of the watch?
a) Rs.130
b) Rs.150
c) Rs.160
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 30% of the cost price. Let’s assume the cost price is x. Then, 130% of x (1.3x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.3 = Rs.153.85 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.90 with a profit of 10%. What was the cost price of the product?
a) Rs.70
b) Rs.75
c) Rs.80
d) Rs.85

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.90 and the profit is 10% of the cost price. Let’s assume the cost price is x. Then, 110% of x (1.1x) is equal to Rs.90. Solving for x gives x = Rs.90 / 1.1 = Rs.81.82 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is bought for Rs.60 and sold for Rs.50. What is the loss percentage?
a) 5%
b) 10%
c) 15%
d) 20%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.60 – Rs.50 = Rs.10. The cost price is Rs.60. Therefore, the loss percentage is (Rs.10 / Rs.60) * 100% = 16.67% (rounded to two decimal places). Therefore, the correct answer is not given.

A shopkeeper sells a shirt for Rs.40, making a profit of 20%. What was the cost price of the shirt?
a) Rs.24
b) Rs.30
c) Rs.32
d) Rs.36

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.40 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.40. Solving for x gives x = Rs.40 / 1.2 = Rs.33.33 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.80 with a profit of 25%. What was the cost price of the product?
a) Rs.50
b) Rs.60
c) Rs.70
d) Rs.75

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.80 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.80. Solving for x gives x = Rs.80 / 1.25 = Rs.64. Therefore, the correct answer is not given.

A car is bought for Rs.30,000 and sold for Rs.35,000. What is the profit percentage?
a) 10%
b) 15%
c) 16.67%
d) 20%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.35,000 – Rs.30,000 = Rs.5,000. The cost price is Rs.30,000. Therefore, the profit percentage is (Rs.5,000 / Rs.30,000) * 100% = 16.67% (rounded to two decimal places). Therefore, the correct answer is c) 16.67%.

A product is sold for Rs.120 with a profit of 20%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.110
d) Rs.115

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.2 = Rs.100. Therefore, the correct answer is b) Rs.100.

A shopkeeper sells a toy for Rs.50, incurring a loss of 10%. What was the cost price of the toy?
a) Rs.45
b) Rs.50
c) Rs.55
d) Rs.60

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.50 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.50. Solving for x gives x = Rs.50 / 0.9 = Rs.55.56 (rounded to the nearest cent). Therefore, the correct answer is not given.

A laptop is sold for Rs.900, resulting in a profit of 30%. What was the cost price of the laptop?
a) Rs.600
b) Rs.650
c) Rs.700
d) Rs.750

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.900 and the profit is 30% of the cost price. Let’s assume the cost price is x. Then, 130% of x (1.3x) is equal to Rs.900. Solving for x gives x = Rs.900 / 1.3 = Rs.692.31 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is bought for Rs.70 and sold for Rs.60. What is the loss percentage?
a) 5%
b) 10%
c) 15%
d) 20%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.70 – Rs.60 = Rs.10. The cost price is Rs.70. Therefore, the loss percentage is (Rs.10 / Rs.70) * 100% = 14.29% (rounded to two decimal places). Therefore, the correct answer is not given.

A trader sells an item for Rs.180, making a profit of 20%. What was the cost price of the item?
a) Rs.140
b) Rs.150
c) Rs.160
d) Rs.170

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.180 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.180. Solving for x gives x = Rs.180 / 1.2 = Rs.150. Therefore, the correct answer is b) Rs.150.

A shopkeeper sells a watch for Rs.250, making a profit of 25%. What was the cost price of the watch?
a) Rs.180
b) Rs.200
c) Rs.220
d) Rs.240

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.250 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.250. Solving for x gives x = Rs.250 / 1.25 = Rs.200. Therefore, the correct answer is b) Rs.200.

A product is sold for Rs.110 with a profit of 10%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.105
d) Rs.108

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.110 and the profit is 10% of the cost price. Let’s assume the cost price is x. Then, 110% of x (1.1x) is equal to Rs.110. Solving for x gives x = Rs.110 / 1.1 = Rs.100. Therefore, the correct answer is b) Rs.100.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 5%
b) 10%
c) 12.5%
d) 20%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is c) 12.5%.

A shopkeeper sells a shirt for Rs.50, making a profit of 25%. What was the cost price of the shirt?
a) Rs.35
b) Rs.40
c) Rs.42
d) Rs.45

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.50 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.50. Solving for x gives x = Rs.50 / 1.25 = Rs.40. Therefore, the correct answer is b) Rs.40.

A product is sold for Rs.100 with a profit of 20%. What was the cost price of the product?
a) Rs.75
b) Rs.80
c) Rs.85
d) Rs.90

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.100 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.100. Solving for x gives x = Rs.100 / 1.2 = Rs.83.33 (rounded to the nearest cent). Therefore, the correct answer is not given.

A car is bought for Rs.25,000 and sold for Rs.30,000. What is the profit percentage?
a) 16%
b) 18%
c) 20%
d) 22%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.30,000 – Rs.25,000 = Rs.5,000. The cost price is Rs.25,000. Therefore, the profit percentage is (Rs.5,000 / Rs.25,000) * 100% = 20%. Therefore, the correct answer is c) 20%.

A product is sold for Rs.150 with a profit of 25%. What was the cost price of the product?
a) Rs.100
b) Rs.110
c) Rs.120
d) Rs.125

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.150 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.150. Solving for x gives x = Rs.150 / 1.25 = Rs.120. Therefore, the correct answer is c) Rs.120.

A shopkeeper sells a watch for Rs.180, making a profit of 20%. What was the cost price of the watch?
a) Rs.120
b) Rs.135
c) Rs.150
d) Rs.160

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.180 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.180. Solving for x gives x = Rs.180 / 1.2 = Rs.150. Therefore, the correct answer is c) Rs.150.

A product is sold for Rs.80 with a loss of 10%. What was the cost price of the product?
a) Rs.80
b) Rs.88
c) Rs.90
d) Rs.100

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.80 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.80. Solving for x gives x = Rs.80 / 0.9 = Rs.88.89 (rounded to the nearest cent). Therefore, the correct answer is b) Rs.88.

A laptop is sold for Rs.1000, resulting in a profit of 30%. What was the cost price of the laptop?
a) Rs.700
b) Rs.750
c) Rs.800
d) Rs.900

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.1000 and the profit is 30% of the cost price. Let’s assume the cost price is x. Then, 130% of x (1.3x) is equal to Rs.1000. Solving for x gives x = Rs.1000 / 1.3 = Rs.769.23 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is bought for Rs.90 and sold for Rs.80. What is the loss percentage?
a) 5%
b) 10%
c) 11.11%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.90 – Rs.80 = Rs.10. The cost price is Rs.90. Therefore, the loss percentage is (Rs.10 / Rs.90) * 100% = 11.11% (rounded to two decimal places). Therefore, the correct answer is c) 11.11%.

A shopkeeper sells a shirt for Rs.60, making a profit of 20%. What was the cost price of the shirt?
a) Rs.45
b) Rs.50
c) Rs.52
d) Rs.55

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.60 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.60. Solving for x gives x = Rs.60 / 1.2 = Rs.50. Therefore, the correct answer is b) Rs.50.

A product is sold for Rs.120 with a profit of 25%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is not given.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is b) 25%.

A product is sold for Rs.140 with a profit of 40%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.140 and the profit is 40% of the cost price. Let’s assume the cost price is x. Then, 140% of x (1.4x) is equal to Rs.140. Solving for x gives x = Rs.140 / 1.4 = Rs.100. Therefore, the correct answer is c) Rs.100.

A shopkeeper sells a watch for Rs.200, making a profit of 25%. What was the cost price of the watch?
a) Rs.140
b) Rs.150
c) Rs.160
d) Rs.170

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.25 = Rs.160. Therefore, the correct answer is c) Rs.160.

A product is bought for Rs.70 and sold for Rs.60. What is the loss percentage?
a) 5%
b) 10%
c) 14.29%
d) 16.67%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.70 – Rs.60 = Rs.10. The cost price is Rs.70. Therefore, the loss percentage is (Rs.10 / Rs.70) * 100% = 14.29% (rounded to two decimal places). Therefore, the correct answer is c) 14.29%.

A shopkeeper sells a shirt for Rs.50, making a profit of 20%. What was the cost price of the shirt?
a) Rs.40
b) Rs.42
c) Rs.44
d) Rs.45

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.50 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.50. Solving for x gives x = Rs.50 / 1.2 = Rs.41.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.100 with a profit of 25%. What was the cost price of the product?
a) Rs.70
b) Rs.80
c) Rs.85
d) Rs.90

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.100 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.100. Solving for x gives x = Rs.100 / 1.25 = Rs.80. Therefore, the correct answer is b) Rs.80.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 7.5%
b) 8.33%
c) 10%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is d) 12.5%.

A shopkeeper sells a shirt for Rs.60, making a profit of 25%. What was the cost price of the shirt?
a) Rs.45
b) Rs.48
c) Rs.50
d) Rs.52

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.60 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.60. Solving for x gives x = Rs.60 / 1.25 = Rs.48. Therefore, the correct answer is b) Rs.48.

A product is sold for Rs.120 with a profit of 20%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.110
d) Rs.115

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.2 = Rs.100. Therefore, the correct answer is b) Rs.100.

A product is bought for Rs.90 and sold for Rs.80. What is the loss percentage?
a) 5%
b) 7.5%
c) 10%
d) 11.11%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.90 – Rs.80 = Rs.10. The cost price is Rs.90. Therefore, the loss percentage is (Rs.10 / Rs.90) * 100% = 11.11% (rounded to two decimal places). Therefore, the correct answer is d) 11.11%.

A shopkeeper sells a watch for Rs.200, making a profit of 20%. What was the cost price of the watch?
a) Rs.150
b) Rs.160
c) Rs.170
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.2 = Rs.166.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.70 with a loss of 10%. What was the cost price of the product?
a) Rs.75
b) Rs.77.78
c) Rs.80
d) Rs.85

Solution: The selling price is equal to the cost price minus the loss. In this case, the selling price is Rs.70 and the loss is 10% of the cost price. Let’s assume the cost price is x. Then, 90% of x (0.9x) is equal to Rs.70. Solving for x gives x = Rs.70 / 0.9 = Rs.77.78 (rounded to the nearest cent). Therefore, the correct answer is b) Rs.77.78.

A laptop is sold for Rs.1000, resulting in a profit of 25%. What was the cost price of the laptop?
a) Rs.800
b) Rs.900
c) Rs.950
d) Rs.1,050

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.1000 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.1000. Solving for x gives x = Rs.1000 / 1.25 = Rs.800. Therefore, the correct answer is a) Rs.800.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 7.5%
b) 8.33%
c) 10%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is d) 12.5%.

A shopkeeper sells a shirt for Rs.50, making a profit of 20%. What was the cost price of the shirt?
a) Rs.40
b) Rs.42
c) Rs.44
d) Rs.45

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.50 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.50. Solving for x gives x = Rs.50 / 1.2 = Rs.41.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.120 with a profit of 25%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.105
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is not given.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is b) 25%.

A product is bought for Rs.70 and sold for Rs.60. What is the loss percentage?
a) 5%
b) 10%
c) 14.29%
d) 16.67%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.70 – Rs.60 = Rs.10. The cost price is Rs.70. Therefore, the loss percentage is (Rs.10 / Rs.70) * 100% = 14.29% (rounded to two decimal places). Therefore, the correct answer is c) 14.29%.

A shopkeeper sells a shirt for Rs.60, making a profit of 25%. What was the cost price of the shirt?
a) Rs.45
b) Rs.48
c) Rs.50
d) Rs.52

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.60 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.60. Solving for x gives x = Rs.60 / 1.25 = Rs.48. Therefore, the correct answer is b) Rs.48.

A product is sold for Rs.140 with a profit of 40%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.140 and the profit is 40% of the cost price. Let’s assume the cost price is x. Then, 140% of x (1.4x) is equal to Rs.140. Solving for x gives x = Rs.140 / 1.4 = Rs.100. Therefore, the correct answer is c) Rs.100.

A shopkeeper sells a watch for Rs.200, making a profit of 25%. What was the cost price of the watch?
a) Rs.150
b) Rs.160
c) Rs.170
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.25 = Rs.160. Therefore, the correct answer is b) Rs.160.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 7.5%
b) 8.33%
c) 10%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is d) 12.5%.

A shopkeeper sells a shirt for Rs.50, making a profit of 20%. What was the cost price of the shirt?
a) Rs.40
b) Rs.42
c) Rs.44
d) Rs.45

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.50 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.50. Solving for x gives x = Rs.50 / 1.2 = Rs.41.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.120 with a profit of 25%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.105
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is not given.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is b) 25%.

A product is bought for Rs.70 and sold for Rs.60. What is the loss percentage?
a) 5%
b) 10%
c) 14.29%
d) 16.67%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.70 – Rs.60 = Rs.10. The cost price is Rs.70. Therefore, the loss percentage is (Rs.10 / Rs.70) * 100% = 14.29% (rounded to two decimal places). Therefore, the correct answer is c) 14.29%.

A shopkeeper sells a shirt for Rs.60, making a profit of 25%. What was the cost price of the shirt?
a) Rs.45
b) Rs.48
c) Rs.50
d) Rs.52

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.60 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.60. Solving for x gives x = Rs.60 / 1.25 = Rs.48. Therefore, the correct answer is b) Rs.48.

A product is sold for Rs.140 with a profit of 40%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.140 and the profit is 40% of the cost price. Let’s assume the cost price is x. Then, 140% of x (1.4x) is equal to Rs.140. Solving for x gives x = Rs.140 / 1.4 = Rs.100. Therefore, the correct answer is c) Rs.100.

A shopkeeper sells a watch for Rs.200, making a profit of 25%. What was the cost price of the watch?
a) Rs.150
b) Rs.160
c) Rs.170
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.25 = Rs.160. Therefore, the correct answer is b) Rs.160.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 7.5%
b) 8.33%
c) 10%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is d) 12.5%.

A shopkeeper sells a shirt for Rs.50, making a profit of 20%. What was the cost price of the shirt?
a) Rs.40
b) Rs.42
c) Rs.44
d) Rs.45

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.50 and the profit is 20% of the cost price. Let’s assume the cost price is x. Then, 120% of x (1.2x) is equal to Rs.50. Solving for x gives x = Rs.50 / 1.2 = Rs.41.67 (rounded to the nearest cent). Therefore, the correct answer is not given.

A product is sold for Rs.120 with a profit of 25%. What was the cost price of the product?
a) Rs.90
b) Rs.100
c) Rs.105
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.120 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.120. Solving for x gives x = Rs.120 / 1.25 = Rs.96. Therefore, the correct answer is not given.

A car is bought for Rs.20,000 and sold for Rs.25,000. What is the profit percentage?
a) 20%
b) 25%
c) 30%
d) 35%

Solution: The profit percentage is calculated as (profit / cost price) * 100%. In this case, the profit is Rs.25,000 – Rs.20,000 = Rs.5,000. The cost price is Rs.20,000. Therefore, the profit percentage is (Rs.5,000 / Rs.20,000) * 100% = 25%. Therefore, the correct answer is b) 25%.

A product is bought for Rs.70 and sold for Rs.60. What is the loss percentage?
a) 5%
b) 10%
c) 14.29%
d) 16.67%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.70 – Rs.60 = Rs.10. The cost price is Rs.70. Therefore, the loss percentage is (Rs.10 / Rs.70) * 100% = 14.29% (rounded to two decimal places). Therefore, the correct answer is c) 14.29%.

A shopkeeper sells a shirt for Rs.60, making a profit of 25%. What was the cost price of the shirt?
a) Rs.45
b) Rs.48
c) Rs.50
d) Rs.52

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.60 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.60. Solving for x gives x = Rs.60 / 1.25 = Rs.48. Therefore, the correct answer is b) Rs.48.

A product is sold for Rs.140 with a profit of 40%. What was the cost price of the product?
a) Rs.80
b) Rs.90
c) Rs.100
d) Rs.110

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.140 and the profit is 40% of the cost price. Let’s assume the cost price is x. Then, 140% of x (1.4x) is equal to Rs.140. Solving for x gives x = Rs.140 / 1.4 = Rs.100. Therefore, the correct answer is c) Rs.100.

A shopkeeper sells a watch for Rs.200, making a profit of 25%. What was the cost price of the watch?
a) Rs.150
b) Rs.160
c) Rs.170
d) Rs.180

Solution: The selling price is equal to the cost price plus the profit. In this case, the selling price is Rs.200 and the profit is 25% of the cost price. Let’s assume the cost price is x. Then, 125% of x (1.25x) is equal to Rs.200. Solving for x gives x = Rs.200 / 1.25 = Rs.160. Therefore, the correct answer is b) Rs.160.

A product is bought for Rs.80 and sold for Rs.70. What is the loss percentage?
a) 7.5%
b) 8.33%
c) 10%
d) 12.5%

Solution: The loss percentage is calculated as (loss / cost price) * 100%. In this case, the loss is Rs.80 – Rs.70 = Rs.10. The cost price is Rs.80. Therefore, the loss percentage is (Rs.10 / Rs.80) * 100% = 12.5% (rounded to two decimal places). Therefore, the correct answer is d) 12.5%.
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