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