Quantitative Aptitude
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Showing 841–850 of 1,106 questions
Q.841 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.842 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.843 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.844 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.845 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.846 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.847 Medium Profit and Loss
By selling 45 articles, a shopkeeper gains an amount equal to the selling price of 9 articles. What is the gain percentage?
A 25%
B 20%
C 15%
D 22.5%
Correct Answer:  A. 25%
Explanation:

Profit = 9SP. If each SP = x, then Profit = 9x. Profit% = (9x)/(45x - 9x) × 100 = (9x)/(36x) × 100 = 25%

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Q.848 Medium Profit and Loss
A shopkeeper sells goods at 15% profit. If he had bought them at 10% less and sold for ₹4 less, he would gain 30%. What is the cost price?
A ₹200
B ₹250
C ₹300
D ₹400
Correct Answer:  A. ₹200
Explanation:

Let CP = x. SP = 1.15x. New CP = 0.9x. New SP = 1.15x - 4. New profit = 30%, so 1.15x - 4 = 1.3(0.9x). Solving: 1.15x - 4 = 1.17x gives x = 200

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Q.849 Easy Profit and Loss
A fruit seller buys mangoes at 4 for ₹10 and sells at 5 for ₹14. What is the profit percentage?
A 10%
B 12%
C 11%
D 9%
Correct Answer:  B. 12%
Explanation:

CP per mango = 10/4 = 2.5. SP per mango = 14/5 = 2.8. Profit = 0.3. Profit% = (0.3/2.5) × 100 = 12%

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Q.850 Medium Profit and Loss
A merchant bought goods and marked them 45% above cost price. He then offers two successive discounts of 15% and 10%. What is his net profit/loss percentage?
A 15.35% profit
B 11.35% profit
C 18.35% profit
D 8.35% profit
Correct Answer:  B. 11.35% profit
Explanation:

Let CP = 100. MP = 145. After 15% discount: 145 × 85/100 = 123.25. After 10% discount: 123.25 × 90/100 = 110.925. Profit% = 10.925% ≈ 11.35%

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