A person buys a pen for Rs. 20 and sells it for Rs. 25. What is the gain percentage? MCQ with Answer and Explanation

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A person buys a pen for Rs. 20 and sells it for Rs. 25. What is the gain percentage?

A. 20%

B. 30%

C. 25%

D. 15%

Answer: Option C

Solution (By JKSSB Mock Tests)

Gain = 5, gain% = 5/20*100=25%.

This question belongs to: Maths Profit And Loss

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Question #1

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

A. 20%

B. 25%

C. 15%

D. 18%

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Correct Answer: Option A

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

This question belongs to: Maths Profit And Loss

Question #2

A shopkeeper allows a 20% discount on the marked price and still makes a 20% profit. What is the ratio of the marked price to the cost price?

A. 2:1

B. 5:4

C. 4:3

D. 3:2

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Correct Answer: Option D

Explanation:
Marked Price * 0.80 = Cost Price * 1.20. Marked Price / Cost Price = 1.20 / 0.80 = 1.5 = 3/2. Ratio is 3:2.

This question belongs to: Maths Profit And Loss

Question #3

A person buys 10 oranges for Rs. 20 and sells 8 oranges for Rs. 20. What is the profit or loss percentage?

A. Loss 25%

B. Profit 20%

C. No profit no loss

D. Profit 25%

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Correct Answer: Option D

Explanation:
CP per orange = 20/10 = 2. SP per orange = 20/8 = 2.5. Profit = 0.5, profit% = (0.5/2)*100 = 25%.

This question belongs to: Maths Profit And Loss

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