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Quantitative Reasoning Profit Loss Mcqs Test Online

Test Name Quantitative Reasoning Profit Loss Mcqs Test
Subject Aptitude
Test Type MCQS
Total Question 27
Total Marks 54
Total Time 27
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Quantitative Reasoning Profit Loss Mcqs Test Online


1. A person has deposited ζ 13,200 in a bank which pays 14 interest.He withdraws the money and invests in ζ 100 stock at ζ 110 which pays a dividend of 15%.How much does he gain or lose?

Question 1 of 15

2. A shopkeeper purchased 150 identical pieces of calculators at the rate of  ζ 250 each.He spent an amount of  ζ 2500 on transport and packing.He fixed the labelled price of each calculator at  ζ 320.However ,he decided to give a discount of 5% on the labelled price.What is the percentage profit earned by him?

Question 2 of 15

3. Vishal goes to a shop to buy a radio costing ζ2568.The rate of sales tax is 7%.He tells the shopkeeper to reduce the price of the radio to such an extent that he has to pay ζ 2568,inclusive of sales tax.Find the reduction needed in the price of the radio.

Question 3 of 15

4. Two motors cars were sold for ℑ 9,900 each,gaining 10% on one and losing 10% on the other.The gain and loss percent in the whole transaction is?

Question 4 of 15

5. If the selling price of a product is increased by  ζ 162,then the business would make a profit of 17% instead of a loss of 19% .What is the cost price of the product?

Question 5 of 15

6. On selling a pen at 5% loss and a book at 15% gain,Karim gains ζ 7.If he sells the pen at 5% gain and the book at 10% gain,then he gains  ζ13.The actual price of the book is?

Question 6 of 15

7. My friend collects antique stamps.She purchased two,but found that she needed to raise money urgently.So she sold them for  ζ 8000 each.On one she made 20% profit and on the other she lost 20% .How much did she gain or lose in the entire transaction?

Question 7 of 15

8. If cost of 12 pencils is equal to the selling price of 10 pencils,then profit percent in the transaction is?

Question 8 of 15

9. The sale price of an article including the Sales Tax is ζ 616.The rate of Sales Tax is 10%.If the shopkeeper has made a profit of 12%.then the cost price of the article is?

Question 9 of 15

10. A trader marks his goods at such a price that he can deduct 15% for cash and yet make 20% profit.Find the market price of an item which cost him ζ 90.

Question 10 of 15

11. Three partners altogether invested  ζ 1,14,000 in a business.At the end of the year,one got  ζ 337.50,the second  ζ 1,125 and the third  ζ 675 as profit.What is the percentage of profit?

Question 11 of 15

12. A cycle agent buys 30 bicycles, of which 8 are first grade and the rest are second grade,for  ζ 3150.Find at what price he must sell the first grade bicycles so that if he sells the second grade bicycles at three quarters of the price,he may make a profit of 40% on his outlay?

Question 12 of 15

13. The cost price of 20 articles is the same as the selling price of x articles.If the profit is 25% .then the value of x is?

Question 13 of 15

14. A dealer buys dry fruit at the rate of ζ 100,ζ 80 and ζ 60 per kg.He bought them in the ratio 12:15:20 by weight.He in total gets 20% profit by selling the first two and at last he finds he has no gain no loss in selling the whole quantity which had.What was the percentage loss he suffered for the third quantity?

Question 14 of 15

15. Sunder purchased an office bag with a price tag of  ζ 600 in a sale where 25% discount was being offered on the tag price.He was given a further discount of 10% on the amount arrived at after gibing usual 25% discount.What was the final amount paid by Sunder?

Question 15 of 15


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