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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 21 of 202 pages
Question 201. Manish purchased 25 kg of rice @ Rs. 32 per kg and 15 kg of rice @ Rs. 36 per kg. He mixed the two varieties of rice and sold it @ Rs. 40.20 per kg. What is the percent profit earned ?
  1.    20%
  2.    25%
  3.    30%
  4.    40%
  5.    None of these
 Discuss Question
Answer: Option A. -> 20%
Question 202. A profit of 12% is made when a mobile phone is sold at Rs. P and there is 4% loss when the phone is sold at Rs. Q. Then Q : P is = ?
  1.    1 : 1
  2.    6 : 7
  3.    4 : 5
  4.    3 : 1
 Discuss Question
Answer: Option B. -> 6 : 7
Question 203. Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of Rs. 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell the mixture to make 30% profit ?
  1.    Rs. 14.80
  2.    Rs. 15.40
  3.    Rs. 15.60
  4.    Rs. 16.30
  5.    Rs. 18.20
 Discuss Question
Answer: Option D. -> Rs. 16.30
Question 204. A dealer buys dry fruit at the rate of Rs. 100, Rs. 80 and Rs. 60 per kg. He bought them in the ratio 12 : 15 : 20 by weight. He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which he had. What was the percentage loss he suffered for the third quantity ?
  1.    20%
  2.    30%
  3.    40%
  4.    50%
 Discuss Question
Answer: Option C. -> 40%
Question 205. A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it his net profit percentage will be = ?
  1.    25%
  2.    30%
  3.    15%
  4.    20%
 Discuss Question
Answer: Option D. -> 20%
Question 206. By selling some goods at Rs. 31, a salesman loses 7% on his output. Find the percentage profit of loss, when he sells the same at Rs. 35 = ?
  1.    Loss 7%
  2.    Profit 5%
  3.    Loss 5%
  4.    Profit 7%
 Discuss Question
Answer: Option B. -> Profit 5%
Question 207. The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of seller bears = ?
  1.    No loss No gain
  2.    A loss of 5%
  3.    A gain of 1%
  4.    A loss of 1%
 Discuss Question
Answer: Option D. -> A loss of 1%
Question 208. By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg, a shopkeeper makes a profit of 18% . If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does he other brand cost ?
  1.    Rs. 110
  2.    Rs. 120
  3.    Rs. 140
  4.    None of these
 Discuss Question
Answer: Option D. -> None of these
Question 209. A milkman cheats his customer in two ways. He mixes 10% water in pure milk and increases the price of milk by 10% . He purchases 20 kg pure milk at a rate of Rs. 15 per kg. His total profit by selling it is -
  1.    Rs. 40
  2.    Rs. 63
  3.    Rs. 80
  4.    Rs. 100
 Discuss Question
Answer: Option B. -> Rs. 63
Question 210. A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is = ?
  1.    99 : 125
  2.    25 : 37
  3.    50 : 61
  4.    45 : 56
 Discuss Question
Answer: Option D. -> 45 : 56

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