Quantitative Aptitude - Arithmetic Ability Questions

Q:

While selling an article for Rs 18450, a person suffered a loss of 50%. At what price he should have sold the article (in Rs) to earn a profit of 50%?

A) 13837 B) 52000
C) 55350 D) 56775
 
Answer & Explanation Answer: C) 55350

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Q:

A shopkeeper by selling 20 Timex watches, earns a profit equal to the selling price of 4 Timex watches. His profit percentage is

A) 20 percent B) 25 percent
C) 30 percent D) 50 percent
 
Answer & Explanation Answer: B) 25 percent

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4 1302
Q:

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

A)  Rs 2750  B)  Rs 3200 
C)  Rs 2500  D)  Rs 2700 
 
Answer & Explanation Answer: D)  Rs 2700 

Explanation:

Let cost price of each bread packet = a Rs.

So, marked price of each bread packet = 2.5a

And selling price of each bread packet = 2.5a × 60/100 = 1.5a

Given, 1.5a –

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4 1901
Q:

A vendor buys chikoos at 15 for Rs 8 and then sells at 10 for Rs 6. What will be the result?

A) 12.5 percent loss B) 11.11 percent gain
C) 12.5 percent gain D) 11.1 percent loss
 
Answer & Explanation Answer: C) 12.5 percent gain

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4 1345
Q:

A bookseller bought 500 text books for  20,000. He wanted to sell them at a profit so that he get 50 books free. At what profit percent should he sell them?

A) 10 B) 20
C) 15 D) 10.5
 
Answer & Explanation Answer: A) 10

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4 1048
Q:

12 copies of a book were sold for Rs. 1800 thereby gaining cost price of 3 copies. The cost price of a copy of the book is

A) Rs. 120 B) Rs. 150
C) Rs. 1200 D) Rs. 1500
 
Answer & Explanation Answer: A) Rs. 120

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Q:

Mohit buys an old bicycle for Rs 2700 and spends Rs 500 on its repairs. If he sells the bicycle for Rs 3520, then what is his profit percentage?

A) 10 B) 12.5
C) 15 D) 20
 
Answer & Explanation Answer: A) 10

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4 1237
Q:

A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?

A) 16 2/3 B) 33 1/3
C) 40 D) 66.6
 
Answer & Explanation Answer: D) 66.6

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4 1660