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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 15 of 202 pages
Question 141. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
  1.    $$14\frac{2}{7}$$% gain
  2.    15% gain
  3.    $$14\frac{2}{7}$$% loss
  4.    15% loss
  5.    None of these
 Discuss Question
Answer: Option A. -> $$14\frac{2}{7}$$% gain
Question 142. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:
  1.    $$5\frac{{15}}{{17}}$$% loss
  2.    $$5\frac{{15}}{{17}}$$% gain
  3.    $$6\frac{2}{3}$$% gain
  4.    None of these
 Discuss Question
Answer: Option B. -> $$5\frac{{15}}{{17}}$$% gain
Question 143. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
  1.    No profit, no loss
  2.    5%
  3.    8%
  4.    10%
  5.    None of these
 Discuss Question
Answer: Option B. -> 5%
Question 144. The ratio of the cost price and selling price is 5 : 4, the loss percent is = ?
  1.    20%
  2.    25%
  3.    40%
  4.    50%
 Discuss Question
Answer: Option A. -> 20%
Question 145. If selling price of an article is $$\frac{8}{5}$$ times of its cost price, the profit percent on it is = ?
  1.    120%
  2.    160%
  3.    40%
  4.    60%
 Discuss Question
Answer: Option D. -> 60%
Question 146. The cost price of an article is Rs. 7840. What should be the selling price of the article so that there is a profit of 7% ?
  1.    Rs. 8000
  2.    Rs. 8300
  3.    Rs. 8388.80
  4.    Rs. 8500.50
 Discuss Question
Answer: Option C. -> Rs. 8388.80
Question 147. If the cost price of 12 oranges is equal to selling price of 10 oranges, then the percentage of profit is = ?
  1.    $$16\frac{2}{3}$$%
  2.    20%
  3.    18%
  4.    25%
 Discuss Question
Answer: Option B. -> 20%
Question 148. A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent ?
  1.    $$4\frac{1}{6}$$%
  2.    $$6\frac{1}{4}$$%
  3.    $$8\frac{1}{3}$$%
  4.    20%
 Discuss Question
Answer: Option C. -> $$8\frac{1}{3}$$%
Question 149. A merchant marked cloth at Rs. 50 metre. He offers 2 successive discounts of 15% and 20%. The net price/metre is = ?
  1.    Rs. 32.50
  2.    Rs. 42.50
  3.    Rs. 34.00
  4.    Rs. 40.00
 Discuss Question
Answer: Option C. -> Rs. 34.00
Question 150. If the cost price of 10 articles is equal to the selling price of 7 articles, then the gain or loss percent is = ?
  1.    51% gain
  2.    $$42\frac{6}{7}$$% gain
  3.    35% loss
  4.    $$42\frac{6}{7}$$% loss
 Discuss Question
Answer: Option B. -> $$42\frac{6}{7}$$% gain

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