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Profit & Loss Questions for IB ACIO

The document contains a set of 50 medium to hard-level questions focused on Profit & Loss and Discount, aimed at preparing for the IB ACIO exam. Each question presents four multiple-choice options, maintaining a consistent level of difficulty. Answers to the questions are not provided as per the request.

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Akash Akash
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0% found this document useful (0 votes)
76 views7 pages

Profit & Loss Questions for IB ACIO

The document contains a set of 50 medium to hard-level questions focused on Profit & Loss and Discount, aimed at preparing for the IB ACIO exam. Each question presents four multiple-choice options, maintaining a consistent level of difficulty. Answers to the questions are not provided as per the request.

Uploaded by

Akash Akash
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Below is a set of 50 medium to hard-level questions on Profit & Loss and Discount,

designed for IB ACIO preparation. Each question includes four options, maintaining
consistent difficulty without variation. Answers are not provided as requested.

A shopkeeper buys an article for ₹800 and marks it up by 25%. If he offers a 20% discount
on the marked price, what is his profit percentage?
A) 0%
B) 5%
C) 10%
D) 15%
A trader sells an item at a 15% loss. Had he sold it for ₹300 more, he would have gained a
10% profit. What is the cost price of the item?
A) ₹1200
B) ₹1500
C) ₹1800
D) ₹2000
A man sells two articles for ₹2400 each. On one, he gains 20%, and on the other, he loses
20%. What is his overall profit or loss percentage?
A) 4% loss
B) 4% profit
C) No profit, no loss
D) 2% profit
A retailer marks an article 40% above its cost price and offers a 10% discount. If the selling
price is ₹252, what is the cost price?
A) ₹200
B) ₹220
C) ₹240
D) ₹250
A shopkeeper sells an item at a 25% profit. If the cost price increases by 20% but the selling
price remains the same, what is the new profit percentage?
A) 4.17%
B) 5%
C) 6.25%
D) 8.33%
A trader allows a 15% discount on the marked price and still makes a 20% profit. If the
marked price is ₹800, what is the cost price?
A) ₹600
B) ₹650
C) ₹680
D) ₹700
A man buys 12 oranges for ₹100 and sells 10 oranges for ₹100. What is his profit
percentage?
A) 20%
B) 25%
C) 30%
D) 44%
A shopkeeper sells an article at a 10% discount on the marked price and earns a 20% profit.
If the cost price is ₹500, what is the marked price?
A) ₹600
B) ₹625
C) ₹650
D) ₹675
A person sells an article at ₹540 after giving a 10% discount on the marked price. If he
earns a 20% profit, what is the marked price?
A) ₹600
B) ₹620
C) ₹640
D) ₹650
A trader marks an article 50% above its cost price and allows a 20% discount. If he still
earns a 20% profit, what is the cost price?
A) ₹400
B) ₹450
C) ₹500
D) ₹600
A shopkeeper buys an item for ₹1200 and sells it at a loss of 10%. If he had sold it for ₹200
more, what would be his profit percentage?
A) 5%
B) 6.67%
C) 8.33%
D) 10%
A retailer offers two successive discounts of 20% and 10% on an article. If the marked price
is ₹1000, what is the selling price?
A) ₹720
B) ₹740
C) ₹760
D) ₹780
A shopkeeper marks an article at ₹2000 and offers a 15% discount. If he still earns a 20%
profit, what is the cost price?
A) ₹1416.67
B) ₹1450
C) ₹1500
D) ₹1550
A trader sells an item at a 25% profit. If the cost price and selling price are both increased
by ₹100, the profit percentage becomes 20%. What is the original cost price?
A) ₹400
B) ₹500
C) ₹600
D) ₹700
An article is sold at a 20% discount on the marked price, resulting in a 10% loss. If the
marked price is ₹500, what is the cost price?
A) ₹450
B) ₹500
C) ₹550
D) ₹600
A man buys two articles for ₹500 each. He sells one at a 20% profit and the other at a 20%
loss. What is his overall profit or loss?
A) ₹40 profit
B) ₹40 loss
C) No profit, no loss
D) ₹20 profit
A shopkeeper offers a 25% discount on an article and still makes a 25% profit. If the
marked price is ₹800, what is the cost price?
A) ₹480
B) ₹500
C) ₹520
D) ₹600
A trader marks an article 60% above its cost price and offers a 25% discount. If the selling
price is ₹480, what is the cost price?
A) ₹300
B) ₹320
C) ₹350
D) ₹400
A person sells an article at ₹720 after giving a 20% discount. If he earns a 20% profit, what
is the cost price?
A) ₹500
B) ₹550
C) ₹600
D) ₹650
A shopkeeper buys an item for ₹1500 and marks it up by 40%. If he offers a 15% discount,
what is his profit percentage?
A) 15%
B) 17%
C) 19%
D) 21%
A trader sells an article at a 10% loss. If he had sold it for ₹150 more, he would have gained
a 5% profit. What is the cost price?
A) ₹1000
B) ₹1200
C) ₹1500
D) ₹1800
A retailer offers two successive discounts of 15% and 10% on an article with a marked price
of ₹2000. What is the selling price?
A) ₹1530
B) ₹1615
C) ₹1700
D) ₹1800
A shopkeeper sells an article at a 20% profit after giving a 10% discount. If the marked price
is ₹1000, what is the cost price?
A) ₹750
B) ₹800
C) ₹833.33
D) ₹850
A trader marks an article 25% above its cost price and offers a 20% discount. If the cost
price is ₹400, what is the selling price?
A) ₹400
B) ₹420
C) ₹440
D) ₹460
A man sells two articles for ₹3000 each, one at a 25% profit and the other at a 25% loss.
What is his overall profit or loss percentage?
A) 6.25% loss
B) 6.25% profit
C) No profit, no loss
D) 5% loss
A shopkeeper buys an article for ₹600 and sells it at a 20% profit. If he had sold it for ₹100
less, what would be his profit or loss percentage?
A) 3.33% profit
B) 3.33% loss
C) 5% profit
D) 5% loss
A retailer offers a 30% discount on an article and still earns a 20% profit. If the marked price
is ₹1000, what is the cost price?
A) ₹583.33
B) ₹600
C) ₹625
D) ₹650
A trader sells an article at ₹900 after giving a 10% discount. If he earns a 25% profit, what is
the marked price?
A) ₹950
B) ₹975
C) ₹1000
D) ₹1025
A shopkeeper marks an article 50% above its cost price and allows a 30% discount. If he
earns a 5% profit, what is the cost price?
A) ₹500
B) ₹600
C) ₹700
D) ₹800
A man buys an article for ₹800 and sells it for ₹1000. If he had bought it for ₹1000 and sold
it for ₹1200, what would be the difference in profit percentage?
A) 5%
B) 7.5%
C) 10%
D) 12.5%
A trader offers two successive discounts of 20% and 25% on an article with a marked price
of ₹2000. What is the selling price?
A) ₹1200
B) ₹1300
C) ₹1400
D) ₹1500
A shopkeeper sells an article at a 15% loss. If he had sold it for ₹240 more, he would have
gained a 20% profit. What is the cost price?
A) ₹600
B) ₹750
C) ₹800
D) ₹900
A retailer marks an article at ₹1200 and offers a 25% discount. If he earns a 20% profit,
what is the cost price?
A) ₹750
B) ₹800
C) ₹850
D) ₹900
A trader sells an article at a 10% profit. If the cost price and selling price are both increased
by ₹50, the profit percentage becomes 8%. What is the original cost price?
A) ₹500
B) ₹600
C) ₹625
D) ₹650
A shopkeeper buys an article for ₹400 and marks it up by 50%. If he offers a 20% discount,
what is his profit percentage?
A) 20%
B) 25%
C) 30%
D) 35%
A man sells an article at ₹600 after giving a 20% discount on the marked price. If he earns a
20% profit, what is the cost price?
A) ₹450
B) ₹475
C) ₹500
D) ₹525
A trader marks an article 40% above its cost price and offers a 15% discount. If the selling
price is ₹680, what is the cost price?
A) ₹500
B) ₹550
C) ₹600
D) ₹650
A shopkeeper sells an article at a 25% profit after giving a 20% discount. If the marked price
is ₹1250, what is the cost price?
A) ₹800
B) ₹850
C) ₹900
D) ₹950
A trader buys an article for ₹1000 and sells it at a 10% loss. If he had sold it for ₹150 more,
what would be his profit percentage?
A) 5%
B) 7.5%
C) 10%
D) 12.5%
A retailer offers two successive discounts of 10% and 20% on an article with a marked price
of ₹500. What is the selling price?
A) ₹360
B) ₹380
C) ₹400
D) ₹420
A shopkeeper sells an article at ₹800 after giving a 20% discount. If he earns a 25% profit,
what is the marked price?
A) ₹900
B) ₹950
C) ₹1000
D) ₹1050
A trader marks an article 60% above its cost price and offers a 30% discount. If he earns a
12% profit, what is the cost price?
A) ₹500
B) ₹600
C) ₹625
D) ₹650
A man sells two articles for ₹2000 each, one at a 20% profit and the other at a 20% loss.
What is his overall profit or loss percentage?
A) 4% loss
B) 4% profit
C) No profit, no loss
D) 2% loss
A shopkeeper buys an article for ₹1200 and sells it at a 15% loss. If he had sold it for ₹200
more, what would be his profit or loss percentage?
A) 1.67% profit
B) 1.67% loss
C) 2.5% profit
D) 2.5% loss
A retailer marks an article at ₹1500 and offers a 20% discount. If he earns a 25% profit,
what is the cost price?
A) ₹900
B) ₹960
C) ₹1000
D) ₹1050
A trader sells an article at a 20% profit. If the cost price is increased by 25% and the selling
price remains the same, what is the new profit percentage?
A) 0%
B) 4%
C) 5%
D) 6%
A shopkeeper offers a 15% discount on an article and still earns a 20% profit. If the marked
price is ₹1000, what is the cost price?
A) ₹708.33
B) ₹725
C) ₹750
D) ₹775
A trader marks an article 50% above its cost price and offers a 25% discount. If the selling
price is ₹750, what is the cost price?
A) ₹500
B) ₹550
C) ₹600
D) ₹650
A man buys an article for ₹900 and sells it for ₹1080. If he had bought it for ₹1080 and sold
it for ₹1296, what would be the difference in profit percentage?
A) 5%
B) 6%
C) 7%
D) 8%
A retailer offers two successive discounts of 25% and 20% on an article with a marked price
of ₹2500. What is the selling price?
A) ₹1500
B) ₹1600
C) ₹1700
D) ₹1800

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