Aptitude and Reasoning Questions

Q:

A shopkeeper by selling 8 iphones, earns a profit equal to the selling price of 3 iphones. His profit percentage is

A) 60 percent B) 37.5 percent
C) 75 percent D) 15 percent
 
Answer & Explanation Answer: A) 60 percent

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Q:

The difference between cost price and selling price is Rs 12.54. If loss percentage is 33%, then what is the cost price (in Rs)?

A) 35.44 B) 50.54
C) 41 D) 38
 
Answer & Explanation Answer: D) 38

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Q:

A dishonest shopkeeper uses a weight of 850 gm instead of 1 kg and sells rice on its cost price. What will be his profit percentage on selling 5 kg rice?

A) 18.24 B) 17.65
C) 15 D) 13.04
 
Answer & Explanation Answer: B) 17.65

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Q:

A shopkeeper marks the price of his table 30% above the cost price. He allows his customers a discount of 12% on the marked price. What is the profit percentage?

 

A) 14.4 B) 18
C) 16.66 D) 12.5
 
Answer & Explanation Answer: A) 14.4

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Q:

The difference between cost price and selling price is Rs 576. If the profit percentage is 16%, then what is the cost price (in Rs)?

A) 3024 B) 4176
C) 3600 D) 3800
 
Answer & Explanation Answer: C) 3600

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Q:

To dispose of the old stocks, a person sold a tea-set for Rs. 3420, which was 43% below the cost price. In order to make a profit of 10% the seller should have sold the set for Rs. ___ more.

A) Rs. 3180 B) Rs. 2580
C) Rs. 1812.60 D) Rs. 2664.42
 
Answer & Explanation Answer: A) Rs. 3180

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Q:

The selling price of an item inclusive of a 10% profit was Rs.440. What would be the percentage loss if the item was sold for Rs. 370?

A) 7.5 B) 8
C) 6.25 D) 8.4
 
Answer & Explanation Answer: A) 7.5

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Q:

If a person bought an item for Rs. 96 and sold it at a profit of 12.5%, the selling price of the item was

A) Rs. 105 B) Rs. 110
C) Rs. 108 D) Rs. 112
 
Answer & Explanation Answer: C) Rs. 108

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