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

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

A. 15%

B. 20%

C. 18%

D. 25%

Answer: Option B

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Profit And Loss

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Question #1

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A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find the profit percentage.

A. 60%

B. 56.25%

C. 45%

D. 50%

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a chair for Rs. 450, gaining 12.5%. Find the cost price.

A. Rs. 380

B. Rs. 400

C. Rs. 420

D. Rs. 410

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Correct Answer: Option B

Explanation:
CP = 450 / 1.125 = 400.

This question belongs to: Maths Profit And Loss

Question #3

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A vendor buys bananas at 6 for Rs. 5 and sells them at 5 for Rs. 6. If his total profit is Rs. 55, find the total number of bananas bought.

A. 180

B. 120

C. 150

D. 200

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Correct Answer: Option C

Explanation:
Cost Price of 30 bananas = 5 * 5 = 25. Selling Price of 30 bananas = 6 * 6 = 36. Profit on 30 bananas = 11. Total profit is 55, which is 5 times 11. Total bananas = 30 * 5 = 150.

This question belongs to: Maths Profit And Loss

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