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Quantitative Aptitude

PROFIT AND LOSS MCQs

Profit & Loss

Total Questions : 2016 | Page 22 of 202 pages
Question 211. A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19% ?
  1.    34%
  2.    40%
  3.    25%
  4.    30%
 Discuss Question
Answer: Option B. -> 40%
Question 212. A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10% . If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is = ?
  1.    820
  2.    780
  3.    790
  4.    800
 Discuss Question
Answer: Option D. -> 800
Question 213. A fruit seller professes to sell his fruits at cost price, but still gains 25% on his outlay. What weight does he substitute for a kilogram ?
  1.    800 gm
  2.    850 gm
  3.    890 gm
  4.    900 gm
 Discuss Question
Answer: Option A. -> 800 gm
Question 214. A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights. His total gain is -
  1.    10%
  2.    11%
  3.    20%
  4.    21%
 Discuss Question
Answer: Option D. -> 21%
Question 215. How much percent above the cost price should a shopkeeper marks his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price = ?
  1.    50%
  2.    40%
  3.    60%
  4.    45%
 Discuss Question
Answer: Option A. -> 50%
Question 216. A dealer purchased a washing machine for Rs. 7660. After allowing a discount of 12% on its marked price, he still gains 10% . Find the marked price of the washing machine = ?
  1.    Rs. 9575
  2.    Rs. 8426
  3.    Rs. 8246
  4.    Rs. 9755
 Discuss Question
Answer: Option A. -> Rs. 9575
Question 217. A publisher printed 2000 copies of a book at a cost of Rs. 70000. He distributes 400 copies free as specimen copies. He gave 30% discount on marked price of each book which is Rs. 75. What is his gain or loss percentage = ?
  1.    20% gain
  2.    20% loss
  3.    10% loss
  4.    10% gain
 Discuss Question
Answer: Option A. -> 20% gain
Question 218. Left pan of a faculty balance weighs 100 grams more than its right pan. A shopkeeper keeps the weight measure in the left pan while buying goods but keeps it in the right pan while selling his goods. He uses only 1 kg weight measure. If he sells his goods at the listed cost price, what is his gain ?
  1.    $$\frac{{100}}{{11}}$$%
  2.    $$\frac{{200}}{{11}}$$%
  3.    $$\frac{{100}}{{9}}$$%
  4.    $$\frac{{200}}{{9}}$$%
 Discuss Question
Answer: Option D. -> $$\frac{{200}}{{9}}$$%
Question 219. A dishonest dealer sells the goods at 20% loss on cost price but uses 15% less weight. What is his percentage profit or loss ?
  1.    $$5\frac{{11}}{{17}}$$ % loss
  2.    $$5\frac{{15}}{{17}}$$ % loss
  3.    $$5\frac{{15}}{{17}}$$ % gain
  4.    $$5\frac{{11}}{{17}}$$ % gain
 Discuss Question
Answer: Option B. -> $$5\frac{{15}}{{17}}$$ % loss
Question 220. While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be = ?
  1.    30%
  2.    $$\frac{{17}}{2}$$%
  3.    40%
  4.    $$42\frac{6}{7}$$%
 Discuss Question
Answer: Option D. -> $$42\frac{6}{7}$$%

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