Profit And Loss – Aptitude MCQ Questions – 14 Posted on July 7, 2020July 7, 2020 by admin Question 1A person purchased 10 dozen pens at the rate of Rs. 4 per dozen. On checking, he found that 20 pens were not working. In order to earn 25% profit, he should sell the remaining pens each at - A. 40 paise B. 44 paise C. 50 paise D. 55 paise Question 2A radio is sold for Rs. 990 at a profit of 10% . What would have been the actual profit or loss on it had it been sold for Rs. 890 ? A. Rs. 10 loss B. Rs. 10 profit C. Rs. 90 loss D. Rs. 90 profit Question 3A man wanted to sell an article with 20% profit: but he actually sold at 20% loss for Rs. 480, at what price he wanted to sell it to earn the profit = ? A. Rs. 720 B. Rs. 840 C. Rs. 600 D. Rs. 750 Question 4A man sells an article at 10% loss. If he had sold it at Rs. 10 more, he would have gained 10% . The cost price of the article is = ? A. Rs. 50 B. Rs. 55 C. Rs. 100 D. Rs. 110 Question 5A man sells two chairs at Rs. 120 each and by doing so he gains 25% on one chair and loses 25% on the other. His loss on the whole in Rs. is = ? A. 20 B. 16 C. 25 D. 30 Question 6By selling a bicycle for Rs. 2850, a shopkeeper gains 14% . If the profit is reduced to 8% then the selling price will be - A. Rs. 2600 B. Rs. 2700 C. Rs. 2800 D. Rs. 3000 Question 7Abhishek purchased 140 shirts and 250 trousers @ Rs. 450 and @ Rs. 550 respectively. What should be the overall average selling price of shirts and trousers so that 40% profit is earned ? (rounded off to next integer) A. Rs. 700 B. Rs. 710 C. Rs. 720 D. Rs. 725 Question 8A person sells a table at a profit of 10% . If he had bought the table at 5% less cost and sold for Rs. 80 more, he would have gained 20% . The cost price of the table is = ? A. Rs. 3200 B. Rs. 2500 C. Rs. 2000 D. Rs. 200 Question 9 A shopkeeper sells an article at a loss of 12*1/2 % . Had he sold it for Rs. 51.80 more, he would have earned a profit of 6% . The cost price of the article is = ? A. Rs. 280 B. Rs. 300 C. Rs. 380 D. Rs. 400 Question 10Jacob bought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20% ? A. Rs. 400 B. Rs. 440 C. Rs. 500 D. Rs. 550