A man buys a book for Rs. 150 and sells it for Rs. 180. What is the gain percent? MCQ with Answer and Explanation

Question

Share Report Error

A man buys a book for Rs. 150 and sells it for Rs. 180. What is the gain percent?

A. 18%

B. 15%

C. 20%

D. 25%

Answer: Option C

Solution (By JKSSB Mock Tests)

Gain = 30, gain% = 30/150*100 = 20%.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

A shopkeeper sells a product for Rs. 720, gaining 20%. Find the cost price.

A. Rs. 640

B. Rs. 620

C. Rs. 580

D. Rs. 600

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 720 / 1.20 = 600.

This question belongs to: Maths Profit And Loss

Question #2

A man sells a watch for Rs. 880, gaining 10%. Find the cost price.

A. Rs. 820

B. Rs. 800

C. Rs. 780

D. Rs. 840

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
CP = 880 / 1.10 = 800.

This question belongs to: Maths Profit And Loss

Question #3

A shopkeeper marks his goods 20% above cost and gives a discount of 20%. What is his profit or loss percent?

A. Profit 4%

B. Loss 2%

C. No profit no loss

D. Loss 4%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Let CP = 100, MP = 120, SP = 120*0.8 = 96, loss = 4%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs