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Quantitative Reasoning MCQs Quiz For Entry Test
1. The cost of a shirt after 15% discount is Rs. 102. What was the cost the shirt before the discount ?
Rs. 117
Rs. 120 (Answer)
Rs. 118
Rs. 121
2. A wholesaler gains 25% by selling a commodity and a retailer gains 30% by selling it, if the retail value of that commodity is Rs. 325, then the wholesale value is ?
Rs. 200 (Answer)
Rs. 255
Rs. 245
Rs. 225
3. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, thereby earning a profit of 25%. The cost price of the manufacturer is ?
Rs. 15
Rs. 16
Rs. 17 (Answer)
Rs. 18
4. A merchant has 120kg of rice. He sells a pact of it at a profit of 10% and the rest at a profit of 25%. He gains 15% on the whole. Quantity of rice he sold at 25% gain is ?
55 kg
50 kg
30 kg
40 kg (Answer)
5. A trader allows a trade discount of 20% and a cash discount of 6.25% on the marked price of the goods and gets a net gain of 20% on the cost. By how much above the cost should the goods be marked for sale ?
50%
60% (Answer)
70%
40%
6. By selling an umbrella for Rs. 30 a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% of the marked price, his gain percent during the sale season is ?
8 (Answer)
7.5
7
9
7. Sibite bought a car and got 15% of Rs original price as dealer & discount. He sold it with 20% profit on this purchase price. What percentage profit did he on the original price of the car ?
2% (Answer)
12%
17%
5%
8. If the difference between selling a shirt at a profit of 10% and 15% is Rs. 10, then the cost price is ?
Rs. 150
Rs. 115
Rs. 200 (Answer)
Rs. 110
9. If 2 kg of almonds cost as much as 8 kg of walnuts and the cost of 5 kg of almonds and 16kg of walnuts is Rs. 1080, the cost of almonds per kg is ?
None of these
Rs. 150
Rs. 120 (Answer)
Rs. 160
10. A shopkeeper marks his goods 20% higher than the cost price and allows a discount of 5%. The percentage of his profit is ?
19%
14% (Answer)
10%
15%
11. By selling a vehicle for Rs. 455000, Slaman suffers 25% loss, what was his loss ?
None of these (Answer)
Rs. 113570
Rs. 115370
Rs. 113750
12. The difference between the cost price and sale price of an article is Rs. 240. If the profit percent is 20, at what price was the article sold ?
None of these (Answer)
Rs. 1240
Rs. 1600
Rs. 1400
13. A shopkeeper earns 15% profit on a shirt even after allowing 31% discount on the list price. If the price is Rs. 125, then the cost price of the shirt is ?
Rs. 69
Rs. 87
Rs. 80
Rs. 75 (Answer)
14. Loss incurred by selling a bicycle for Rs. 895 is equal to the profit earned by selling it for Rs. 955. What is the loss/profit in this case ?
Rs. 45
Rs. 75
Rs. 30 (Answer)
Cannot be determined
15. A shopkeeper allows a discount of 10% on the marked price of an item but charges a sale tax of 8% on the discounted price. If the customer pays Rs. 680.40 as the price including the sales tax, what is the marked price of the item ?
Rs. 630
Rs. 780
None
Rs. 700 (Answer)
16. A shopkeeper bought lockes at the rate of 8 locks for Rs. 34 and soldthem at 12 locks for Rs. 57. The number of locks he should sell to have a profit of Rs. 900 is ?
1600
2000
1800 (Answer)
1400
17. A dealer offered a machine for sale for Rs. 27500 but even if he had charged 10% less he would have made a profit of 10%. The actual cost of the machine is ?
Rs. 22275
Rs. 24250
Rs. 22500 (Answer)
Rs. 22000
18. By selling a motor cycle for Rs. 22600, A person gains 13%, what his gain ?
Rs. 600
Data madequate
Rs. 2600 (Answer)
Rs. 2936
19. If a man reduces the selling price of a fan from Rs. 400 to Rs. 380, his loss increases by 20%. The cost price of the fan is ?
None
Rs. 480
Rs. 600
Rs. 500 (Answer)
20. A toy car was sold at a loss for Rs. 60. Had it been sold for Rs. 81, the gain would have been 3/4th of the former loss. The cost of the toy is ?
Rs. 65
Rs. 72 (Answer)
Rs. 86
Rs. 80
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