Profit And Loss – Aptitude MCQ Questions – 13 Posted on July 7, 2020July 7, 2020 by admin Question 1If the cost price of 18 articles is equal to the selling price of 16 articles, the gain or loss is = ? A. 25% gain B. 25% loss C. 12*1/2 % loss D. 12*1/2 % gain Question 2A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40 then how many metres of cloth costing Rs. 32 per metre he should purchase = ? A. 6m B. 5m C. 10m D. 7m Question 3A person buys an article for Rs. p and sells it for Rs. q thereby gaining r% . The selling price in terms of cost price may be written as - A. pr/100 B. r(100+p)/100 C. p(100+r)/100 D. p(100−r)/100 Question 4 A shopkeeper expects a gain of 22*1/2 % on his cost price. If in a week, his sale was of Rs. 392, what was his profit ? A. Rs. 18.20 B. Rs. 70 C. Rs. 72 D. Rs. 88.25 Question 5Bhuvnesh sell two tape recorders at the same price. On one, he gains 10% and on the other he loses 10%. The total gain or loss in the transaction is = ? A. 1% gain B. 1% loss C. No loss or gain D. 2% loss Question 6A trader sells an article and loses 1/2 %. The ratio of cost price to the selling price is - A. 7 : 8 B. 9 : 8 C. 8 : 7 D. 8 : 9 Question 7The owner of a furniture shop charges his customer 28% more than the cost price. If a customer paid Rs. 23680 for a dining table set, then what was the original price of the dining set ? A. Rs. 15700 B. Rs. 16250 C. Rs. 17500 D. Rs. 18500 Question 8The price of a refrigerator and a television set are in the ratio 5 : 3. If the refrigerator costs Rs. 5500 more than the television set, then the price of the refrigerator is = ? A. Rs. 27500 B. Rs. 8250 C. Rs. 13750 D. Rs. 16500 Question 9An article marked at Rs. 540 is sold at Rs. 496.80 in an off - season offer. Then the rate of discount offered (in percent) is = ? A. 7% B. 7.5% C. 8% D. 10% Question 10If books bought at prices from Rs. 150 to Rs. 300 are sold at prices ranging from Rs. 250 to Rs. 350. What is the greatest possible profit that might be made in selling 15 books ? A. Cannot be determind B. Rs. 750 C. Rs. 4250 D. Rs. 3000