Aptitude Logical Reasoning Profit and Loss 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 11
Glide to success with Doorsteptutor material for competitive exams : get questions, notes, tests, video lectures and more- for all subjects of your exam.
1. A man purchases an electric heater whose printed price is 160 if he received two successive discounts of 20% and 10% he paid:
A. ₹ 112
B. ₹ 129.60
C. ₹ 119.60
D. ₹ 115.20
Answer: D
2. Varun bought a Refrigerator with 20% discount on the labelled price. Had he bought it with 25% discount? He would have saved ₹ 500. At what price did he buy the Refrigerator?
A. ₹ 5000
B. ₹ 10000
C. ₹ 12000
D. ₹ 16000
Answer: B
3. The difference between a discount of 40% on ₹ 500 and two successive discount of 36% and 4% on the same amount is:
A. 0
B. ₹ 2
C. ₹ 1.93
D. ₹ 7.20
Answer: D
4. The price of an article was increased by P % . Later the new price was decreased by P % if the latest price was ₹ 1. The original price was:
A. ₹ 1
B. ₹
C. ₹
D. ₹ 2
Answer: C
5. A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of ₹ 40. Then how many shirts each costing ₹ 32 he should purchase?
A. 6
B. 5
C. 10
D. 7
Answer: B
6. A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8% . The rate of discount is:
A. 12%
B. 10%
C. 6%
D. 4%
Answer: B
7. On selling 17 balls at ₹ 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
A. ₹ 45
B. ₹ 50
C. ₹ 55
D. ₹ 60
Answer: D
8. When a plot is sold for ₹ 18,700, the owner loses 15% . At what price must that plot be sold in order to gain 15% ?
A. ₹ 21,000
B. ₹ 22,500
C. ₹ 25,300
D. ₹ 25,800
Answer: C
9. A trader mixes 26 kg of rice at ₹ 20 per kg with 30 kg of rice of other variety at ₹ 36 per kg and sells the mixture at ₹ 30 per kg. His profit percent is:
A. No profit, no loss
B. 5%
C. 8%
D. 10%
Answer: B
10. A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1% . He allowed a discount of:
A. 10%
B. 10.5%
C. 11%
D. 12.5%
Answer: A
11. The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12% .
A. 37.5%
B. 38.5%
C. 42%
D. 27.5%
Answer: A