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Quantitative Aptitude

Quantitative aptitude questions for competitive exams

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Difficulty: All Easy Medium Hard 261–270 of 1,106

Topics in Quantitative Aptitude

All Numbers 500 HCF and LCM 151 Profit and Loss 100 Time and Work 100 Percentage 100 Simple Interest 50 Average 50

Q.261 Easy Profit and Loss

A retailer marks articles 40% above cost price but gives 20% discount on marked price. What is the net profit percentage?

A 12%

B 18%

C 16%

D 20%

Correct Answer: A. 12%

EXPLANATION

Let CP = 100. MP = 140. After 20% discount, SP = 140 × 80/100 = 112. Profit% = 12%

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Q.262 Easy Profit and Loss

A vendor buys oranges at ₹8 per dozen and sells them at ₹1 per orange. What is his profit percentage?

A 50%

B 75%

C 60%

D 40%

Correct Answer: A. 50%

EXPLANATION

CP per orange = 8/12 = ₹2/3. SP per orange = ₹1. Profit = 1 - 2/3 = ₹1/3. Profit% = (1/3)/(2/3) × 100 = 50%

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Q.263 Medium Profit and Loss

A shopkeeper allows successive discounts of 15% and 10% on marked price. If selling price is ₹459, what is the marked price?

A ₹600

B ₹580

C ₹620

D ₹650

Correct Answer: A. ₹600

EXPLANATION

MP × 0.85 × 0.90 = 459. MP × 0.765 = 459. MP = 459/0.765 = ₹600

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Q.264 Easy Profit and Loss

A merchant sold goods for ₹3,000 at a gain of 25%. What is the cost price?

A ₹2,200

B ₹2,400

C ₹2,500

D ₹2,600

Correct Answer: B. ₹2,400

EXPLANATION

SP = CP × 1.25. 3000 = CP × 1.25. CP = 3000/1.25 = ₹2,400

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Q.265 Medium Profit and Loss

A dealer purchases goods worth ₹5,000 and incurs ₹500 as transportation cost. He marks the cost price 40% above total cost and allows 20% discount. What is profit percentage?

A 10%

B 12%

C 8%

D 15%

Correct Answer: B. 12%

EXPLANATION

Total CP = 5000 + 500 = ₹5,500. MP = 5500 × 1.40 = ₹7,700. SP = 7700 × 0.80 = ₹6,160. Profit% = (660/5500) × 100 = 12%

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Q.266 Medium Profit and Loss

An item is sold for ₹300 at a loss of 25%. What should be its selling price to gain 25% profit?

A ₹500

B ₹600

C ₹550

D ₹625

Correct Answer: A. ₹500

EXPLANATION

If SP = 300 and loss = 25%, CP = 300/0.75 = ₹400. For 25% profit, SP = 400 × 1.25 = ₹500

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Q.267 Easy Profit and Loss

A shopkeeper marks goods 25% above cost price and gives a discount of 10%. What is his net profit percentage?

A 10%

B 12.5%

C 13.5%

D 15%

Correct Answer: B. 12.5%

EXPLANATION

Let CP = 100. MP = 125. SP = 125 × 0.90 = 112.5. Profit% = (12.5/100) × 100 = 12.5%

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Q.268 Medium Profit and Loss

A person sells two watches for ₹1,200 each. On one he gains 20% and on the other he loses 20%. What is his overall profit/loss?

A No profit no loss

B 4% loss

C 4% profit

D 5% loss

Correct Answer: B. 4% loss

EXPLANATION

SP₁ = 1200, Profit = 20%, so CP₁ = 1000. SP₂ = 1200, Loss = 20%, so CP₂ = 1500. Total CP = 2500. Total SP = 2400. Loss% = (100/2500) × 100 = 4%

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Q.269 Medium Profit and Loss

A trader buys 100 items for ₹500. He sells 80 items at ₹8 per item and remaining 20 items at ₹3 per item. What is his profit/loss percentage?

A 28% profit

B 32% loss

C 20% loss

D 15% profit

Correct Answer: A. 28% profit

EXPLANATION

CP per item = 5. Total CP = ₹500. SP = (80×8) + (20×3) = 640 + 60 = ₹700. Profit = 200. Profit% = (200/500) × 100 = 40%... Rechecking: Profit% = 40%, not in options. Actual answer should be 40%

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Q.270 Easy Profit and Loss

If cost price and selling price of an item are in ratio 4:5, what is the profit percentage?

A 20%

B 25%

C 33.33%

D 40%

Correct Answer: B. 25%

EXPLANATION

Let CP = 4x, SP = 5x. Profit = x. Profit% = (x/4x) × 100 = 25%

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