# Profit & Loss MCQ Quantitative Aptitude Questions Answers

11) A man buys 25 chairs for Rs 375 and sell them at a profit equal to the selling price of 5 chairs. What is the selling price of one chair ?

a) Rs 18.75

b) Rs 14.50

c) Rs 15.20

d) Rs 17.20

Option – a)

12) A furniture shop allows 20% discount on the marked price of each  item what price must be marked on a table costing Rs 560, so to make a profit of 25% ?

a) Rs 800

b) Rs 825

c) Rs 700

d) Rs 875

Option – d)

13) An article when sold at a gain of 5% yields Rs 15 more than when sold at a loss of 5%. What is the cost price ?

a) Rs 64

b) Rs 80

c) Rs 150

d) Rs 200

Option – c)

14) A feeding bottle is sold for Rs 120. Sales tax accounts for one-fifth of this and profit one-third of the remainder. Find the cost price of the feeding bottl

(a) 64

(b) 72

(c) 68

(d) 76

Option – a)

15) On selling tea at Rs 40 per kg a loss of 10% is incurred. Calculate the amount of tea (in kg) sold if the total loss incurred is Rs 80.

(a) 12 kg

(b) 15 kg

(c) 18 kg

(d) 20 kg

Option – c)

16) A sells a car priced at Rs 36,000. He gives a discount of 8% on the first Rs 20,000 and 5% on the remaining Rs 16,000. His competitor B sells a car of the same make, priced at Rs 36,000. If he wants to be competitive what percent discount should B offer on the marked price.

(a) 5%

(b) 5.5%

(c) 6.66%

(d) 8.33%

Option – c)

17) A mobile shop allows a discount of 10% on the advertised price of a mobile. What price must be marked on the mobile, that costs him Rs 600, so that he makes a profit of 20%?

(a) Rs 800

(b) 720

(c) 750

(d) 850

Option – a)

18) A businessman sells 5 articles for Rs 15 and makes a profit of 20%. Find his gain or loss percent if he sells 8 such articles for Rs 18.40.

(a) 2.22% profit

(b) 2.22% loss

(c) 8% loss

(d) 8% profit

Option – c)

19) A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction.

(a) Gain of 4%

(b) No profit no loss

(c) Loss of 10%

(d) Loss of 4%

Option – d)

20) By selling a watch for Rs 495, a shopkeeper incurs a loss of 10%. Find the cost price of the watch.

(a) Rs 545

(b) Rs 550

(c) Rs 555

(d) Rs 565