1
What is 18% of 650?
Correct answer: A. 117
18% of 650 = 18 × 650 ÷ 100 = 117.
easy
Percentage, Profit and Loss MCQs
Percentage, profit and loss, discount and successive change MCQs with step-by-step solutions in rupees, for SSC and banking quantitative aptitude.
20 MCQsUpdated 27 October 2026
These MCQs cover percentages, successive increases and decreases, profit and loss, cost price and selling price comparisons, and savings and expenditure problems.
Profit and loss percentages are always based on the cost price, while discount is based on the marked price. For two successive changes, use a + b + ab/100 rather than adding the percentages.
- 2
45 is what percent of 180?
Correct answer: C. 25%
(45 ÷ 180) × 100 = 25%.
easy - 3
A salary of ₹24,000 is increased by 15%. What is the new salary?
Correct answer: D. ₹27,600
Increase = 15% of ₹24,000 = ₹3,600. New salary = ₹27,600.
easy - 4
If A's income is 25% more than B's, by what percent is B's income less than A's?
Correct answer: B. 20%
B is 25 less for every 125 of A, so the difference = 25 ÷ 125 × 100 = 20%.
medium - 5
A price is first raised by 20% and then reduced by 20%. What is the net change?
Correct answer: C. 4% decrease
Net change = +20 − 20 − (20 × 20)/100 = -4%. A negative result is a decrease of 4%.
medium - 6
A machine worth ₹1,20,000 loses value at 10% a year. What will it be worth after 2 years?
Correct answer: B. ₹97,200
Value = ₹1,20,000 × 0.9 × 0.9 = ₹97,200. (Taking 20% off once would wrongly give ₹96,000.)
medium - 7
A student needs 40% to pass. She scores 150 marks and fails by 30 marks. What are the maximum marks?
Correct answer: D. 450
Pass mark = 150 + 30 = 180, which is 40% of the total. Total = 180 ÷ 0.4 = 450.
medium - 8
An article bought for ₹400 is sold for ₹500. What is the profit percent?
Correct answer: A. 25%
Profit = ₹100. Profit % = 100 ÷ 400 × 100 = 25% (always on the cost price).
easy - 9
A watch costing ₹750 is sold at a loss of 12%. What is the selling price?
Correct answer: B. ₹660
Loss = 12% of 750 = ₹90. SP = 750 − 90 = ₹660.
easy - 10
By selling an item for ₹1,150, a shopkeeper gains 15%. What did the item cost?
Correct answer: D. ₹1,000
SP = 115% of CP, so CP = 1150 ÷ 1.15 = ₹1,000. (Taking 15% off ₹1150 gives the wrong answer, because profit is on cost.)
Read detailsmedium - 11
The marked price of a jacket is ₹2,000. A discount of 15% is given. What is the selling price?
Correct answer: A. ₹1,700
Discount = 15% of 2000 = ₹300. SP = 2000 − 300 = ₹1,700.
easy - 12
Successive discounts of 10% and 20% are equal to a single discount of:
Correct answer: A. 28%
On ₹100: after 10% off it is ₹90; 20% off ₹90 leaves ₹72. Single discount = 28%.
medium - 13
The cost price of 15 pens equals the selling price of 12 pens. What is the profit percent?
Correct answer: B. 25%
Let one pen cost ₹1. Then 12 pens sell for ₹15, so each sells for 15/12 = ₹1.25. Profit = 25%.
hard - 14
A trader marks goods 25% above cost and gives a 10% discount. What is the profit percent?
Correct answer: A. 12.5%
On a cost of ₹100: marked price ₹125, less 10% = ₹112.50. Profit = 12.5%.
medium - 15
Two phones are sold for ₹1,200 each, one at a 20% profit and the other at a 20% loss. What is the overall result?
Correct answer: D. 4% loss
Cost prices: 1200 ÷ 1.2 = ₹1000 and 1200 ÷ 0.8 = ₹1500; total ₹2500. Sales total ₹2400, a loss of ₹100, which is 4% of the cost.
Read detailshard - 16
The population of a town is 50,000 and grows by 10% every year. What will it be after 2 years?
Correct answer: C. 60,500
50,000 × 1.1 = 55,000 after one year, and 55,000 × 1.1 = 60,500 after two years.
medium - 17
Ravi spends 80% of his salary of ₹25,000. How much does he save?
Correct answer: B. ₹5,000
He saves 20% of the salary: 20% of 25,000 = ₹5,000.
easy - 18
In an election between two candidates, the winner gets 60% of 6,000 valid votes. By how many votes does the winner win?
Correct answer: D. 1,200
Winner: 3600 votes; loser: 2400 votes. Margin = 1200 votes (20% of the total).
medium - 19
A dishonest shopkeeper sells at cost price but uses a 900 g weight instead of 1 kg. What is his gain percent?
Correct answer: B. 11.11%
He gives 900 g but charges for 1,000 g, gaining 100 g on 900 g: 100 ÷ 900 × 100 = 11.11%.
hard - 20
Out of 250 students, 30 were absent. What percentage were present?
Correct answer: C. 88%
Absent = 30 ÷ 250 × 100 = 12%, so present = 88%.
easy