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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 13 of 202 pages
Question 121. With a 5% discount on the cost of sugar a buyer could purchase 2 kg more sugar for Rs. 608. Selling Price of Sugar is:
  1.    Rs. 15.20
  2.    Rs. 15
  3.    Rs. 16.50
  4.    Rs. 2
 Discuss Question
Answer: Option A. -> Rs. 15.20
Question 122. A trader marks his goods 40% above cost price and allows a discount of 25%. The profit he makes is:
  1.    15%
  2.    10%
  3.    5%
  4.    2%
 Discuss Question
Answer: Option C. -> 5%
Question 123. A fruit seller buys some oranges and by selling 40% of them he realizes the cost price of all the oranges. As the oranges being to grow over-ripe, he reduces the price and sells 80% of the remaining oranges at half the previous rate of profit. The rest of the oranges being rotten are thrown away. The overall percentage of profit is:
  1.    80
  2.    84
  3.    94
  4.    96
 Discuss Question
Answer: Option B. -> 84
Question 124. The marked price of an item is twice the cost price, discount 20% of market price and profit is 10% of selling price. Find profit percentage to cost
  1.    $$\frac{{100}}{9}$$%
  2.    $$\frac{{100}}{11}$$%
  3.    11%
  4.    8%
 Discuss Question
Answer: Option A. -> $$\frac{{100}}{9}$$%
Question 125. The marked price of an item is twice the cost price. For a gain of 15%, the discount should be:
  1.    7.5%
  2.    20.5%
  3.    32.5%
  4.    42.5%
 Discuss Question
Answer: Option D. -> 42.5%
Question 126. A man sold his watch at a loss of 5%. Had he sold it for Rs. 56.25 more, he would have gained 10%. What is the cost price of the watch (in Rs.)?
  1.    365
  2.    370
  3.    375
  4.    390
 Discuss Question
Answer: Option C. -> 375
Question 127. A total profit of Rs. 3,600 is to be distributed amongst A, B and C such that A : B = 5 : 4 and B : C = 8 : 9. The share of C in the profit is:
  1.    Rs. 1,200
  2.    Rs. 1,500
  3.    Rs. 1,650
  4.    Rs. 1,700
 Discuss Question
Answer: Option A. -> Rs. 1,200
Question 128. A man bought a horse and a cart. If he sold the horse at 10 % loss and the cart at 20 % gain, he would not lose anything; but if he sold the horse at 5% loss and the cart at 5% gain, he would lose Rs. 10 in the bargain. The amount paid by him was Rs._______ for the horse and Rs.________ for the cart.
  1.    500, 300
  2.    200, 400
  3.    400, 200
  4.    300, 500
 Discuss Question
Answer: Option C. -> 400, 200
Question 129. Raghuvir purchased 10 calculators and 16 watches for Rs. 56100 and sold them so as to earn an overall profit of 20%. At what total price should he sell 15 calculators and 24 watches together so as to earn the same percentage profit?
  1.    Rs. 100980
  2.    Rs. 116176
  3.    Rs. 121176
  4.    Rs. 100660
  5.    Rs. 124132
 Discuss Question
Answer: Option A. -> Rs. 100980
Question 130. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:
  1.    $$4\frac{4}{7}$$%
  2.    $$5\frac{5}{{11}}$$%
  3.    10%
  4.    12%
 Discuss Question
Answer: Option B. -> $$5\frac{5}{{11}}$$%

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