Daily Numerical Ability Quiz : 3rd May 2018

Q1. By selling an article for Rs. 69 there is a loss of 8%, when the article is sold for Rs. 78, the gain or loss per cent is:

(a) neither loss nor gain

(b) 4% gain

(c) 4% loss

(d) 40% gain

(e) 40% loss

Q2. By selling an article for Rs. 240, a man incurs a loss of 10%. At what price should he sell it, so that he makes a profit of 20%?

(a) Rs. 264

(b) Rs. 288

(c) Rs. 300

(d) Rs. 320

(e) Rs. 420

Q3. The difference between the selling price and cost price of an article is Rs. 210. If the profit percent is 25, then the selling price of the article is:

(a) Rs. 950

(b) Rs. 1050

(c) Rs. 1150

(d) Rs. 1250

(e) Rs. 1500

Q4. Richa purchased an article at 4/5 of its list price and sold it at 20% more than the list price. Richa’s profit percent was

(a) 50%

(b) 40%

(c) 30%

(d) 25%

(e) 35%

Q5. X sells two articles for Rs. 4,000 each with no loss and no gain in the transaction. If one was sold at a gain of 25% the other is sold at a loss of 

(a) 25%

(b) 18%

(c) 16.66%

(d) 20%

(e) 22.22%

Solutions (1-5):

Q6. A house and a shop were sold for Rs. 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale resulted into 20% profit. The entire transaction resulted in to:

(a) no loss no gain

(b) gain of Rs. 1/24 lakh

(c) loss of Rs. 1/12 lakh

(d) loss of Rs. 1/18 lakh

(e) None of these

Q7. After selling 120 articles one person had a profit of selling price of 20 articles and cost price of 10 articles together. Find percentage profit for this person.

(a) 25%

(b) 20%

(c) 40%

(d) 30%

(e) 45%

Q8. The cost price of 19 article is same as selling price of 29 article. What is the loss percentage?

(a) 35%

(b) 34.48%

(c) 52.63%

(d) 40%

(e) 26.66%

Q9. If the manufacturer gains 10%, the whole-sale dealer 15% and the retailer 25%, then the cost of production of a table (in Rs.), the retail price of which is Rs. 1265, is

(a) Rs. 1400

(b) Rs. 800

(c) Rs. 1000

(d) Rs. 1200

(e) Rs. 900

Q10. A machine is sold at a profit of 10%. Had it been sold for Rs. 80 less, there would have been a loss of 10%. The cost price of the machine is:

(a) Rs. 350

(b) Rs. 450

(c) Rs. 400

(d) Rs. 520

(e) Rs. 540

Solutions (6-10):