A man buys a shirt for Rs. 250 and sells it for Rs. 300. What is the gain percent? MCQ with Answer and Explanation

Question

Share Report Error

A man buys a shirt for Rs. 250 and sells it for Rs. 300. What is the gain percent?

A. 20%

B. 30%

C. 15%

D. 25%

Answer: Option A

Solution (By JKSSB Mock Tests)

Gain = 50, gain% = 50/250*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 an item for Rs. 450, gaining 12.5%. Find the cost price.

A. Rs. 410

B. Rs. 420

C. Rs. 400

D. Rs. 380

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 450/1.125 = 400.

This question belongs to: Maths Profit And Loss

Question #2

A shopkeeper sells a product for Rs. 855, gaining 12.5%. Find the cost price.

A. Rs. 800

B. Rs. 740

C. Rs. 780

D. Rs. 760

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #3

If the cost price of an article is Rs. 120 and the selling price is Rs. 150, what is the profit percentage?

A. 20%

B. 25%

C. 30%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Profit = 30, profit% = 30/120*100=25%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs