Avatto > UGC NET PAPER 1 > PRACTICE QUESTIONS > Mathematical Aptitude > Profit and Loss

Mathematical Aptitude MCQ - Profit and Loss

11 The cost price of an article is Rs 4800. It is to be sold at a profit of 6.25 per cent. How much should be its selling price?

$PROFIT-LOSS$

12 A trader sells an article at a profit of 20%. Had he bought it at 10% more and sold it for Rs 700 more, he would have earned a profit of 25%. Find the cost price of the goods.

$PROFIT-LOSS$

13 The cost of an article is Rs 5000. The marked price is Rs 8000. What is the profit % for the seller if he sells and offers a discount of 10% on the marked price?

SP = 90% of 8000 = Rs 7200
Profit = 7200 – 5000 = Rs 2200
Profit percentage = 2200/5000 × 100 = 44%

14 The cost price of 100 pencils is equal to the selling price of 60 pencils. The gain percentage or loss percentage is

Let CP = SP = Rs 100.
CP of 100 pencils = Rs 100
CP of 1 pencil = 100/100 = Rs 1
SP of 60 pencils = Rs 100
SP of 1 pencil = `100/60 = Rs 5/3
Profit = 5/3 – 1 = 2/3
Profit percentage = 2/3/1 × 100 = 66 2/3%

15 Arvind deals in carpets. He allows 4% discount on the marked price. What price must be marked on a carpet that cost Rs 480 so as to make a profit of 10%?

SP = 480 + 10% of 480 = Rs 528
Let Marked price = M
Now 96% of M = 528, So M = Rs 550

Subtopics Covered

Averages 13
Calendar Questions 20
Fractions 16
Interest 20
Profit and Loss 20
Ratio Proportion, Percentage and Discounting 44
Time and Distance 17
Venn Diagram 15

View All Subtopics

Quick Links

Difficulty Distribution

Easy 0%
Medium 0%
Hard 100%

Upcoming Papers

UPCOMING -- DATE PENDING

The UGC NET June 2026 re-examination for English, Commerce, and Sociology is scheduled for September 9 and 10, 2026. The day countdown will appear automatically after the API provides an exact official exam date.

Your Progress

0%

Start Practising!

You've answered 0 of 20 questions in this topic.

View Detailed Progress

Practice Spotlight

Build momentum in Profit and Loss

Start with a short question set, review every explanation, and revisit difficult questions before moving ahead.

Day 8 / 10

Global Spotlight

Add Timed Practice

You have answered 0 questions with 0% accuracy.

Day 1 / 10

Question Spotlight

Question:

The cost price of an article is Rs 4800. It is to be sold at a profit of 6.25 per cent. How much should be its selling price?

A. Rs 5100
B. Rs 5150
C. Rs 5400
D. Rs 5500

Correct answer: A

Click to view the complete question details

Day 8 / 10 Open this question

Community Insight

Based on 42 saved attempts

Most Attempted TopicAverages
Most Challenging TopicTime and Distance
Average Accuracy50%

Featured Question

(Based on recent community answers)

Q. #20205New

The cost price of an article is Rs 4800. It is to be sold at…

Try This Question →

This Week's Challenge

Complete 20 questions and set the community benchmark!

0 / 20 Start Challenge →

Why Practice with Avatto?

High Quality MCQsExam-focused questions with accurate answers

Detailed ExplanationsStep-by-step explanations to enhance learning

Latest Exam PatternBased on updated syllabus and pattern

Performance AnalyticsTrack performance and improve weak areas

100% Free PracticePractice unlimited questions for free

Forgot your password?

I agree with the Terms.