Aptitude and Reasoning Questions

Q:

If a shop keeper marks his goods for a certain amount so as to get 25% gain after allowing a discount of 20%, then his marked price is

A) Rs.156.25 B) Rs.146.25
C) Rs.166.25 D) Rs.150.25
 
Answer & Explanation Answer: A) Rs.156.25

Explanation:
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Q:

Anmol soldtwo items for Rs 1000 each. On one, he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?

A) profit,0.95% B) loss,1%
C) profit,10% D) loss,10%
 
Answer & Explanation Answer: B) loss,1%

Explanation:

Let the two item be A and B.

Cost price of A be x and cost price of B be y.

A sold for Rs 1000 on 10 % gain = 1.1x =1000

x= 1000/1.1 = 909.09

B sold for Rs. 1000 on 10% loss = 0.9y =1000y= 1000/0.9 = 1111.11

Total cost price of A and B = 2020.20

Selling price of A and B = 2000

Loss % = (2020.20 –2000)/2000 X 100

= 1.01 % loss

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Q:

To make a profit of 20% the selling price of the good is Rs. 240. The cost price of the good is,

A) Rs. 200 B) Rs. 210
C) Rs. 220 D) Rs. 230
 
Answer & Explanation Answer: A) Rs. 200

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Q:

A trader sells wire and gains 60% on the cost price. What will be the profit % on selling price?

A) 33.33 B) 40
C) 60 D) 37.5
 
Answer & Explanation Answer: D) 37.5

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Q:

Savita sold an item for 6,500 and incurred a loss of 20%. At what price should she have sold the item to have gained a profit of 20%?

A) 10,375 B) 9,750
C) 8,125 D) Cannot be determined
 
Answer & Explanation Answer: B) 9,750

Explanation:

C.P of article = 6500 * (100/80) = Rs. 8125 S.P for a gain of 20% = (8125*120)/100 = Rs. 9750

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Q:

Raghunandan sells a machine for Rs 45 lakhs at a loss. Had he sold it for Rs 55 lakh, his gain would have been 9 times the former loss. Find the cost price of the machine.

A) Rs 54 lakhs B) Rs 46 lakhs
C) Rs 60 lakhs D) Rs 38 lakhs
 
Answer & Explanation Answer: B) Rs 46 lakhs

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3 1155
Q:

Two items A and B have equal cost price. Item A is sold at 40% profit and item B is sold at an amount 20% less than the selling price of item A. If the total profit is 156 Rs then find the cost price of A.

A) Rs. 300 B) Rs. 350
C) Rs. 400 D) Rs. 450
 
Answer & Explanation Answer: A) Rs. 300

Explanation:

Let the cost price of A as well as B is 100 Rs.
Then, ATQ:
Selling Price of A = 100+40 = 140
And Selling Price of B = 140 - (140*0.2) = 140 - 28 = 112
Total selling price = 140+112 = 252 Rs.
Total Cost price = Rs. 200
So by taking cost price = 100 Rs.
Total profit = 52 Rs.
Total profit will be Rs. 156 when cost price = (100/52)*156 = Rs. 300.

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Q:

If the ratio of cost price and selling price is 4 : 5 ,then the percentage of profit will be

A) 20 B) 0.1
C) 10 D) 25
 
Answer & Explanation Answer: D) 25

Explanation:
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