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. 25%

B. 20%

C. 30%

D. 15%

Answer: Option A

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Profit And Loss

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Practice More Profit And Loss Questions

Question #1

By selling a watch for Rs. 900, a shopkeeper loses 10%. What is the cost price?

A. Rs. 950

B. Rs. 1050

C. Rs. 1000

D. Rs. 980

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Correct Answer: Option C

Explanation:
Selling Price = 900. Loss = 10%. Cost Price = 900 / 0.90 = 1000.

This question belongs to: Maths Profit And Loss

Question #2

A person bought a dress for Rs. 1200 and sold it for Rs. 1440. What is the profit percentage?

A. 25%

B. 18%

C. 15%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = 240, profit% = 240/1200*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

A man sells an article at a loss of 10%. If the cost price is Rs. 550, what is the selling price?

A. Rs. 485

B. Rs. 500

C. Rs. 505

D. Rs. 495

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Correct Answer: Option D

Explanation:
Loss = 10% of 550 = 55, SP = 550 - 55 = 495.

This question belongs to: Maths Profit And Loss

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