Percentage, Profit, Loss & Discount – Basic Set 4 [1-15] – Must Practice Set for CAT, XAT & Other MBA Exams
May 30, 2024 2025-05-30 13:01Percentage, Profit, Loss & Discount – Basic Set 4 [1-15] – Must Practice Set for CAT, XAT & Other MBA Exams

Percentage, Profit, Loss & Discount – Basic Set 4 [1-15] – Must Practice Set for CAT, XAT & Other MBA Exams
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TogglePercentage, Profit, Loss and Discount MCQs – CAT & XAT Level Practice
Compiled by Maths By Amiya. Click below to reveal answers and video walkthroughs.
1) Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of ₹80.
- (1) ₹70.20
- (2) ₹70.10
- (3) ₹72.00
- (4) ₹72.20
2) An item costing ₹840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%. Final selling price of the item is:
- (1) ₹877.80
- (2) ₹798
- (3) ₹924
- (4) ₹37.80
3) A grocery dealer cheats to the extent of 10% while buying as well as selling by using false weight. What is his increase in the profit %?
- (1) 20%
- (2) 21%
- (3) 22%
- (4) None of these
4) A balance of a trader weighs 20% less than it should be. Still the trader mark-up his goods to get the overall profit of 35%. What is mark-up on the cost price?
- (1) 7%
- (2) 8%
- (3) 9%
- (4) 8.5%
5) By selling an article for ₹240, a man incurs a loss of 10%. At what price should he sell it, so that he makes a profit of 20%?
- (1) ₹264
- (2) ₹288
- (3) ₹300
- (4) ₹320
6) By selling an article for ₹72, there is a loss of 10%. In order to gain 5%, its selling price should be:
- (1) ₹87
- (2) ₹85
- (3) ₹80
- (4) ₹84
7) A shopkeeper bought 80 kg of sugar at the rate of ₹13.50 per kg. He mixed it with 120 kg of sugar costing ₹16 per kg. In order to make a profit of 20%, he must sell the mixture at:
- (1) ₹18 per kg
- (2) ₹17 per kg
- (3) ₹16.40 per kg
- (4) ₹15 per kg
8) To gain 10% on selling sample milk at the cost price of pure milk, the quantity of water to be mixed with 50 kg of pure milk is:
- (1) 2.5 Kg
- (2) 5 Kg
- (3) 7.5 Kg
- (4) 10 Kg
9) By selling a plot of land for ₹45,000 a person loses 10%. At what price should he sell it to gain 15%?
- (1) ₹50,000
- (2) ₹55,000
- (3) ₹57,500
- (4) ₹60,000
10) A radio dealer sold a radio at a loss of 2.5%. Had he sold it for ₹100 more, he would have gained 7½%. In order to gain 12½%, he should sell it for:
- (1) ₹1080
- (2) ₹1125
- (3) ₹850
- (4) ₹925
11) By selling an article for ₹665, there is a loss of 5%. In order to make a profit of 12%, the selling price of the article must be:
- (1) ₹812
- (2) ₹800
- (3) ₹790
- (4) ₹784
12) If a man were to sell his wrist-watch for ₹720, he would lose 25%. What price must he sell at to gain 25%?
- (1) ₹960
- (2) ₹900
- (3) ₹1000
- (4) ₹1200
13) An article was sold at a profit of 12%. If the cost price would be 10% less and selling price would be ₹5.75 more, there would be profit of 30%. Then at what price it should be sold to make a profit of 20%?
- (1) ₹115
- (2) ₹120
- (3) ₹138
- (4) ₹215
14) Sourav purchased 30 kg of rice at the rate of ₹10 per kg and 35 kg at the rate of ₹11 per kg. He mixed the two. At what price per kg should he sell the mixture to make a 30% profit?
- (1) ₹12.5
- (2) ₹13
- (3) ₹13.7
- (4) ₹14.25
15) After selling 5% of a quantity of sugar, 5 kg of sugar remains. Find the total quantity of sugar.
- (1) 19 kg
- (2) 5 5⁄19 kg
- (3) 100 kg
- (4) 95 kg
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