Quantitative Aptitude — MCQ Practice Questions & Answers

Question 1

A trader buys mangoes at ₹8 per kg and sells them at ₹12 per kg. What is his profit percentage?

Accepted Answer

Correct answer: B. 50% — Step 1: Identify Cost Price and Selling Price Cost Price (CP) = ₹8 per kg and Selling Price (SP) = ₹12 per kg 	ext{CP} = ₹8, \quad 	ext{SP} = ₹12 Step 2: Calculate Profit Profit = Selling Price − Cost Price 	ext{Profit} = ₹12 - ₹8 = ₹4 Step 3: Calculate Profit Percentage Profit percentage is calculated as profit divided by cost price, multiplied by 100 	ext{Profit\%} = \frac{	ext{Profit}}{	ext{Cost Price}} 	imes 100 = \frac{4}{8} 	imes 100 = \frac{1}{2} 	imes 100 = 50\% **The trader's profit percentage is 50%.**

Answer

A. 40%

Answer

C. 60%

Answer

D. 45%

Question 2

If an article is purchased for ₹450 and sold at a loss of 8%, what is the selling price?

Accepted Answer

Correct answer: A. ₹414 — Step 1: Identify the given information Cost Price (CP) = ₹450 and Loss = 8% 	ext{Given: CP} = ₹450, 	ext{ Loss} = 8\% Step 2: Calculate the loss amount Loss amount = 8% of Cost Price 	ext{Loss amount} = \frac{8}{100} 	imes 450 = 0.08 	imes 450 = ₹36 Step 3: Calculate the selling price Selling Price = Cost Price − Loss amount 	ext{SP} = 450 - 36 = ₹414 **The selling price of the article is ₹414.**

Answer

B. ₹418

Answer

C. ₹420

Answer

D. ₹422

Question 3

A retailer buys notebooks at ₹40 each and sells them at ₹50 each. How many notebooks must he sell to make a profit of ₹600?

Accepted Answer

Correct answer: B. 60 — Step 1: Find profit per notebook The retailer buys at ₹40 and sells at ₹50, so profit on each notebook is the difference. 	ext{Profit per notebook} = 50 - 40 = ₹10 Step 2: Set up equation for total profit Let the number of notebooks sold be x. The total profit equals profit per notebook multiplied by number of notebooks. 	ext{Total Profit} = 	ext{Profit per notebook} 	imes 	ext{Number of notebooks} 600 = 10 	imes x Step 3: Solve for number of notebooks Divide both sides by 10 to find x. x = \frac{600}{10} = 60 **The retailer must sell 60 notebooks to make a profit of ₹600.**

Answer

A. 55

Answer

C. 65

Answer

D. 70

Question 4

A shopkeeper buys a shirt for ₹400 and sells it for ₹520. What is his profit percentage?

Accepted Answer

Correct answer: B. 30% — Step 1: Profit = Selling Price - Cost Price = 520 - 400 = ₹120. Step 2: Profit% = (Profit/CP) × 100 = (120/400) × 100 = 30%. So option B is correct.

Answer

A. 25%

Answer

C. 35%

Answer

D. 40%

Question 5

A merchant sells a watch at a loss of 12%. If the cost price is ₹1,500, what is the selling price?

Accepted Answer

Correct answer: B. ₹1,320 — Step 1: Loss = 12% of CP = 0.12 × 1,500 = ₹180. Step 2: SP = CP - Loss = 1,500 - 180 = ₹1,320. So option B is correct.

Answer

A. ₹1,290

Answer

C. ₹1,380

Answer

D. ₹1,410

Question 6

If an article is sold at ₹810 with a profit of 35%, what was its cost price?

Accepted Answer

Correct answer: A. ₹600 — Step 1: Let CP = x. SP = CP + Profit = x + 0.35x = 1.35x. Step 2: 1.35x = 810, so x = 810/1.35 = ₹600. So option A is correct.

Answer

B. ₹650

Answer

C. ₹700

Answer

D. ₹750

Question 7

A trader buys 50 kg of sugar at ₹40 per kg and sells it at ₹48 per kg. What is the total profit?

Accepted Answer

Correct answer: C. ₹400 — Step 1: Total Cost Price = 50 × 40 = ₹2,000. Step 2: Total Selling Price = 50 × 48 = ₹2,400. Step 3: Total Profit = 2,400 - 2,000 = ₹400. So option C is correct.

Answer

A. ₹300

Answer

B. ₹350

Answer

D. ₹450

Question 8

A merchant buys cloth at ₹450 per meter and sells it at ₹540 per meter. What is the profit percentage?

Accepted Answer

Correct answer: B. 20% — Step 1: Cost Price (CP) = ₹450 per meter. Step 2: Selling Price (SP) = ₹540 per meter. Step 3: Profit = SP - CP = 540 - 450 = ₹90. Step 4: Profit% = (Profit/CP) × 100 = (90/450) × 100 = 20%. So option B is correct.

Answer

A. 18%

Answer

C. 22%

Answer

D. 25%

Quantitative Aptitude - MCQ Practice Questions