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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 18 of 202 pages
Question 171. A shopkeeper sells an article at a loss of $$12\frac{1}{2}$$% . Had he sold it for Rs. 51.80 more, he would have earned a profit of 6% . The cost price of the article is = ?
  1.    Rs. 280
  2.    Rs. 300
  3.    Rs. 380
  4.    Rs. 400
 Discuss Question
Answer: Option A. -> Rs. 280
Question 172. A person purchased 10 dozen pens at the rate of Rs. 4 per dozen. On checking, he found that 20 pens were not working. In order to earn 25% profit, he should sell the remaining pens each at -
  1.    40 paise
  2.    44 paise
  3.    50 paise
  4.    55 paise
 Discuss Question
Answer: Option C. -> 50 paise
Question 173. Jacob bought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20% ?
  1.    Rs. 400
  2.    Rs. 440
  3.    Rs. 500
  4.    Rs. 550
 Discuss Question
Answer: Option C. -> Rs. 500
Question 174. A person sells a table at a profit of 10% . If he had bought the table at 5% less cost and sold for Rs. 80 more, he would have gained 20% . The cost price of the table is = ?
  1.    Rs. 3200
  2.    Rs. 2500
  3.    Rs. 2000
  4.    Rs. 200
 Discuss Question
Answer: Option C. -> Rs. 2000
Question 175. A radio is sold for Rs. 990 at a profit of 10% . What would have been the actual profit or loss on it had it been sold for Rs. 890 ?
  1.    Rs. 10 loss
  2.    Rs. 10 profit
  3.    Rs. 90 loss
  4.    Rs. 90 profit
 Discuss Question
Answer: Option A. -> Rs. 10 loss
Question 176. A man sells an article at 10% loss. If he had sold it at Rs. 10 more, he would have gained 10% . The cost price of the article is = ?
  1.    Rs. 50
  2.    Rs. 55
  3.    Rs. 100
  4.    Rs. 110
 Discuss Question
Answer: Option A. -> Rs. 50
Question 177. By selling a bicycle for Rs. 2850, a shopkeeper gains 14% . If the profit is reduced to 8% then the selling price will be -
  1.    Rs. 2600
  2.    Rs. 2700
  3.    Rs. 2800
  4.    Rs. 3000
 Discuss Question
Answer: Option B. -> Rs. 2700
Question 178. When a plot is sold for Rs. 18700, the owner loses 15% . At what price must the plot be sold in order to gain 15% ?
  1.    Rs. 21,000
  2.    Rs. 22,500
  3.    Rs. 25,300
  4.    Rs. 25,800
 Discuss Question
Answer: Option C. -> Rs. 25,300
Question 179. A book seller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more. He would have gained $$18\frac{3}{4}$$% . The cost price of the book is = ?
  1.    Rs. 130
  2.    Rs. 140
  3.    Rs. 150
  4.    Rs. 160
 Discuss Question
Answer: Option C. -> Rs. 150
Question 180. A businessman sells a commodity at 10% profit. If he had bought it at 10% less and sold it for Rs. 2 less, then he would have gained $$16\frac{2}{3}$$% . The cost price of the commodity is = ?
  1.    Rs. 32
  2.    Rs. 36
  3.    Rs. 40
  4.    Rs. 48
 Discuss Question
Answer: Option C. -> Rs. 40

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