Aptitude Logical Reasoning Profit and Loss 2021 Competitive Exams Part 10
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1. Bhajan Singh purchased 120 reams of paper at ₹ 80 per ream. He spent ₹ 280 on transportation. Paid octroi at the rate of 40 paise per ream and paid ₹ 72 to the coolie. If he wants to have a gain of 8 % . What must be the selling price per ream?
A. ₹ 86
B. ₹ 87.48
C. ₹ 89
D. ₹ 90
Answer: D
2. A man sells a car to his friend at 10 % loss. If the friend sells it for ₹ 54000 and gains 20 % . The original C. P of the car was:
A. ₹ 25000
B. ₹ 37500
C. ₹ 50000
D. ₹ 60000
Answer: C
3. The cost price of an article which on being sold at a gain of 12 % yields ₹ 6 more than when it is sold at a loss of 12 % is:
A. ₹ 30
B. ₹ 25
C. ₹ 24
D. ₹ 20
Answer: B
4. A person bought an article and sold it at a loss of 10 % if he had bought it for 20 % less and sold it for ₹ 55 more he would have had a profit of 40 % . The C. P of the article is:
A. ₹ 200
B. ₹ 225
C. ₹ 250
D. None of these
Answer: C
5. At what price must kantilal sell a mixture of 80 kg sugar at ₹ 6.75 per kg with 120 kg at ₹ 8 per kg to gain 20 % ?
A. ₹ 7.50 per kg
B. ₹ 8.20 per kg
C. ₹ 8.85 per kg
D. ₹ 9 per kg
Answer: D
6. Subhash purchased a tape recorder at of its selling price and sold it at 8 % more than its S. P. His gain is:
A. 8 %
B. 10 %
C. 18 %
D. 20 %
Answer: D
7. A discount series of 10 % , 20 % and 40 % is equal to a single discount of:
A. 50 %
B. 56.8 %
C. 60 %
D. 70.28 %
Answer: B
8. The ratio of the prices of three different types of cars is . If the difference between the costliest and the cheapest cars is ₹ 60000 the price of the car of modest price is:
A. ₹ 80000
B. ₹ 100000
C. ₹ 140000
D. ₹ 120000
Answer: B
9. Kabir buys an article with 25 % discount on its marked price. He makes a profit of 10 % by selling it at ₹ 660. The marked price is:
A. ₹ 600
B. ₹ 700
C. ₹ 800
D. ₹ 685
Answer: C
10. An umbrella marked at ₹ 80 is sold for ₹ 68. The rate of discount is:
A. 15 %
B. 12 %
C.
D. 20 %
Answer: A
11. A retailer buys a sewing machine at a discount of 15 % and sells it for ₹ 1955. Thus, he makes a profit of 15 % . The discount is:
A. ₹ 270
B. ₹ 290
C. ₹ 300
D. None of these
Answer: C
12. A Shopkeeper earns a profit of 12 % on selling a book at 10 % discount on the printed. The ratio of the cost price and the printed price of the book is:
A.
B.
C.
D. None of these
Answer: A
13. While selling the watch, a shopkeeper gives a discount of 5 % if he gives a discount of 7 % he earns ₹ 15 less as profit. The marked price of the watch is:
A. ₹ 697.50
B. ₹ 712.50
C. ₹ 787.50
D. None of these
Answer: D
14. A trader lists his articles 20 % above C. P and allows a discount of 10 % on cash payment. His gain percent is:
A. 10 %
B. 8 %
C. 5 %
D. 6 %
Answer: B
15. The marked price is 10 % higher than the cost price. A discount of 10 % is given on the marked price, in this kind of sale the seller
A. Bears no loss no gain
B. gains
C. loses 1 %
D. None of these
Answer: C