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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 17 of 202 pages
Question 161. If books bought at prices from Rs. 150 to Rs. 300 are sold at prices ranging from Rs. 250 to Rs. 350. What is the greatest possible profit that might be made in selling 15 books ?
  1.    Cannot be determind
  2.    Rs. 750
  3.    Rs. 4250
  4.    Rs. 3000
 Discuss Question
Answer: Option D. -> Rs. 3000
Question 162. A person buys an article for Rs. p and sells it for Rs. q thereby gaining r% . The selling price in terms of cost price may be written as -
  1.    $$\frac{{{\text{pr}}}}{{100}}$$
  2.    $$\frac{{{\text{r}}\left( {100 + {\text{p}}} \right)}}{{100}}$$
  3.    $$\frac{{{\text{p}}\left( {100 + {\text{r}}} \right)}}{{100}}$$
  4.    $$\frac{{{\text{p}}\left( {100 - {\text{r}}} \right)}}{{100}}$$
 Discuss Question
Answer: Option C. -> $$\frac{{{\text{p}}\left( {100 + {\text{r}}} \right)}}{{100}}$$
Question 163. The owner of a furniture shop charges his customer 28% more than the cost price. If a customer paid Rs. 23680 for a dining table set, then what was the original price of the dining set ?
  1.    Rs. 15700
  2.    Rs. 16250
  3.    Rs. 17500
  4.    Rs. 18500
  5.    None of these
 Discuss Question
Answer: Option D. -> Rs. 18500
Question 164. Bhuvnesh sell two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is = ?
  1.    1% gain
  2.    1% loss
  3.    No loss or gain
  4.    2% loss
 Discuss Question
Answer: Option B. -> 1% loss
Question 165. An article marked at Rs. 540 is sold at Rs. 496.80 in an off - season offer. Then the rate of discount offered (in percent) is = ?
  1.    7%
  2.    7.5%
  3.    8%
  4.    10%
 Discuss Question
Answer: Option C. -> 8%
Question 166. A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40 then how many metres of cloth costing Rs. 32 per metre he should purchase = ?
  1.    6m
  2.    5m
  3.    10m
  4.    7m
 Discuss Question
Answer: Option B. -> 5m
Question 167. A shopkeeper expects a gain of $$22\frac{1}{2}$$% on his cost price. If in a week, his sale was of Rs. 392, what was his profit ?
  1.    Rs. 18.20
  2.    Rs. 70
  3.    Rs. 72
  4.    Rs. 88.25
 Discuss Question
Answer: Option C. -> Rs. 72
Question 168. Abhishek purchased 140 shirts and 250 trousers @ Rs. 450 and @ Rs. 550 respectively. What should be the overall average selling price of shirts and trousers so that 40% profit is earned ? (rounded off to next integer)
  1.    Rs. 700
  2.    Rs. 710
  3.    Rs. 720
  4.    Rs. 725
  5.    None of these
 Discuss Question
Answer: Option C. -> Rs. 720
Question 169. A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs. is = ?
  1.    20
  2.    16
  3.    25
  4.    30
 Discuss Question
Answer: Option B. -> 16
Question 170. A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, at what price he wanted to sell it to earn the profit = ?
  1.    Rs. 720
  2.    Rs. 840
  3.    Rs. 600
  4.    Rs. 750
 Discuss Question
Answer: Option A. -> Rs. 720

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