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Quantitative Aptitude
Percentage

Quantitative aptitude questions for competitive exams

12 Q 7 Topics Take Mock Test
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Difficulty: All Easy Medium Hard 11–12 of 12
Topics in Quantitative Aptitude
Q.11 Hard Percentage
If the price of rice increases by 25%, by what percentage should consumption be reduced to keep expenditure constant?
A 16%
B 18%
C 20%
D 25%
Correct Answer:  C. 20%
EXPLANATION

New price = 1.25P. For constant expenditure: New consumption = 1/1.25 = 0.8. Reduction = 20%.

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Q.12 Hard Percentage Marked Price Calculation
The cost price of an item is ₹400. After giving a discount of 15%, the profit earned is 25%. What was the marked price?
A ₹588.24
B ₹588.50
C ₹589.50
D ₹590.25
Correct Answer:  A. ₹588.24
EXPLANATION
Step 1: Profit = 25% of ₹400 = 0.25 × 400 = ₹100.
Step 2: Selling Price = Cost Price + Profit = 400 + 100 = ₹500.
Step 3: Let Marked Price = M.

After 15% discount: M × (1 - 0.15) = 500, so M × 0.85 = 500, M = 500/0.85 = ₹588.24 (approximately).

Therefore, option A is correct.

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