Profit And Loss – Aptitude MCQ Questions – 03 Posted on July 7, 2020July 7, 2020 by admin Question 1A sells an article to B at gain of 25% B sells it to C at a gain of 20% and C sells it to D at a gain 10%. If D pays Rs. 330 for it, how much did it cost to A? A. Rs. 200 B. Rs. 250 C. Rs. 275 D. Rs. 290 Question 2A man purchased some fruits for Rs. 1000. He sold few fruits worth 400 at 10% profit. At what profit per cent, must he sell the rest in order to gain 20% on the whole? A. 26*2/3 % B. 25% C. 30% D. 33*1/3 % Question 3I sold two watches for Rs. 300 each, one at loss of 20% and other at the profit of 20%. What is the percentage of loss (-) or profit (+) that resulted from the transaction? A. (+)4 B. (-)1 C. (+)1 D. (-)4 Question 4The selling price of an article after giving two successive discounts of 10% and 5% on the marked price is Rs. 171. What is the marked price? A. Rs. 200 B. Rs. 220 C. Rs. 240 D. Rs. 250 Question 5A shopkeeper wishes to give 5% commission on the marked price of an article but also wants to earn a profit of 10%. If his cost price is Rs. 95, then marked price is: A. Rs. 100 B. Rs.110 C. Rs. 120 D. Rs. 130 Question 6Two successive discount of 10% and 20% are equivalent to a single discount of: A. 30% B. 28% C. 26% D. 25% Question 7A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed? A. 100% B. 80% C. 75% D. 66*2/3 % Question 8A reduction of 10% in the price of tea enables a dealer to purchase 25 kg more tea for Rs. 22500. What is the reduced price per kg of tea? A. Rs. 70 B. Rs. 80 C. Rs. 90 D. Rs. 100 Question 9A dealer allows his customer a discount of 25% and still gains 25%. If cost price of a radio is Rs. 1440, its marked price is: A. Rs. 2500 B. Rs. 2440 C. Rs. 2400 D. Rs. 2020 Question 10A merchant has announced 25% rebate on prices of ready-made garments at the time of sale. If a purchaser needs to have a rebate of Rs. 400, then how many shirts, each costing Rs. 320, should he purchase? A. 10 B. 7 C. 6 D. 5