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

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

A. 30%

B. 15%

C. 25%

D. 20%

Answer: Option D

Solution (By JKSSB Mock Tests)

Gain = 50, gain% = 50/250*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 468 and the profit is 30%, find the cost price.

A. Rs. 400

B. Rs. 340

C. Rs. 360

D. Rs. 380

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Correct Answer: Option C

Explanation:
CP = 468 / 1.30 = 360.

This question belongs to: Maths Profit And Loss

Question #2

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A table was bought for Rs. 1500 and sold for Rs. 1800. What is the profit percentage?

A. 25%

B. 15%

C. 30%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = 1800 - 1500 = 300. Profit % = (300 / 1500) * 100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

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A grocer sells rice at a profit of 10% and uses weights which are 20% less than the marked weight. Find his total gain percentage.

A. 35%

B. 30%

C. 40%

D. 37.5%

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Correct Answer: Option D

Explanation:
Let 1000g cost Rs. 100. He sells 800g (cost Rs. 80) for Rs. 110. Profit = 110 - 80 = 30. Profit % = (30 / 80) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

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