## MCQ for Class 5 Mathematics Profit and Loss

Class 5 Mathematics students should refer to the following multiple-choice questions with answers for Profit and Loss in standard 5. These MCQ questions with answers for Grade 5 Mathematics will come in exams and help you to score good marks

### Profit and Loss MCQ Questions Class 5 Mathematics with Answers

**Question: Profit = ?**

a) S. P – C.P.

b) C.P. – S.P.

c) Loss + C.P

**Answer: S. P – C.P.**

**Question: Loss = ?**

a) C.P. – S.P.

b) Loss – Profit

c) S. P. – C. P.

**Answer: C.P. – S.P.**

**Question: C.P. = 70, S.P. = 80, P = ?**

a) 10

b) 150

c) 50

**Answer: 10**

**Question: C.P. = 85, S.P. 70, L =?**

a) 15

b) 70

c) 10

**Answer: 15**

**Question: C.P. = 200, Profit = 30, S.P = ?**

a) 230

b) 250

c) 170

**Answer: 230**

**Question: C.P. = 600, Loss = 50, S.P. = ?**

a) 550

b) 650

c) 250

**Answer: 550**

**Question: The price at which an articles is bought is its**

a) Cost Price

b) Selling price

c) Profit

**Answer: Cost Price**

**Question: The ___________ includes overhead expenses.**

a) C.P.

b) Profit

c) S.P.

**Answer: C.P.**

**Question: The price at which an articles is sold is its**

a) Selling price

b) Cost Price

c) Loss

**Answer: Selling price**

**Question: If the goods are sold at higher price than C.P. there is a**

a) Profit

b) Loss

**Answer: Profit**

**Question: If S.P. > C.P. then S.P. – C.P. = ?**

a) Profit

b) Loss

c) Both

**Answer: Profit**

**Question: S.P. = 210, C.P. = 190 then Profit = ?**

a) 20

b) 300

c) 310

**Answer: 20**

**Question: Rahim bought a table for 2,500 and sold, it for 3,000. How much profit did he earn?**

a) 500

b) 1500

c) 300

**Answer: 500**

**Question: A man bought an article for 62.50 and sold it for 55.00. what was his profit or loss?**

a) Loss of 7.50

b) Profit of 7.50

c) no profit, no loss

**Answer: Loss of 7.50**

**Question: S.P. = 765, Profit = 80, C.P. = ?**

a) 685

b) 840

c) 100

**Answer: 685**

**Question: S.P. = 567, Loss = 19.70, C.P. = ?**

a) 586.70

b) 500

c) 1000

**Answer: 586.70**

**Question: A fruit seller bought 50 dozens of bananas for j 600 and sold them at the rate of j 15 per dozen. Find his profit or loss.**

a) Profit of 150

b) Loss of 50

c) Loss of 150

**Answer: Profit of 150**

**Question: A shopkeeper bought a transistor for 2,500 and sold it for 3,000. What was his profit?**

a) 500

b) 700

c) 900

**Answer: 500**

**Question: Ram bought rice at 4,800.75 per quintal. Due to a fall in prices he sold it at 4,600.75 per quintal only. Find his loss per quintal.**

a) 200

b) 500

c) 700

**Answer: 200**

**Question: Find the profit or loss C.P. 750, S.P. = 1000**

a) Profit of 250

b) Loss of 250

c) Loss of 100

**Answer: Profit of 250**

**Question: A shopkeeper purchased 20 dozen bananas for 208. Four dozen of the bananas were rotten. At what price per dozen must he sell the remaining bananas so that he is neither at a loss nor at a profit?**

a) 13 per dozen

b) 12 per dozen

c) 12 per dozen

**Answer: 13 per dozen**

**Question: S.P. = C.P. +?**

a) Profit

b) Loss

c) Both

**Answer: Profit**

**Question: S.P. = C.P. - ?**

a) Loss

b) Profit

**Answer: Loss**

**Question: C.P. = S.P. + ?**

a) Loss

b) Profit

**Answer: Loss**