Aptitude Logical Reasoning Profit and Loss 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. 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