Quantitative Aptitude — MCQ Practice Questions & Answers

Question 1

The cost price of an item is ₹400. After giving a discount of 15%, the profit earned is 25%. What was the marked price?

Accepted Answer

Correct answer: A. ₹588.24 — Step 1: Profit = 25% of ₹400 = 0.25 × 400 = ₹100. Step 2: Selling Price = Cost Price + Profit = 400 + 100 = ₹500. Step 3: Let Marked Price = M. After 15% discount: M × (1 - 0.15) = 500, so M × 0.85 = 500, M = 500/0.85 = ₹588.24 (approximately). Therefore, option A is correct.

Answer

B. ₹588.50

Answer

C. ₹589.50

Answer

D. ₹590.25

Question 2

If the price of rice increases by 25%, by what percentage should consumption be reduced to keep expenditure constant?

Accepted Answer

Correct answer: C. 20% — New price = 1.25P. For constant expenditure: New consumption = 1/1.25 = 0.8. Reduction = 20%.

Answer

A. 16%

Answer

B. 18%

Answer

D. 25%

Question 3

A man invested ₹50,000 at 10% SI per annum. After how many years will the interest be ₹15,000?

Accepted Answer

Correct answer: C. 3 years — SI = (50,000 × 10 × T)/100. 15,000 = 5000T. T = 3 years.

Answer

A. 2 years

Answer

B. 2.5 years

Answer

D. 3.5 years

Question 4

A trader marks goods 80% above cost price. He gives a discount such that his profit is 44%. What is the discount percentage?

Accepted Answer

Correct answer: A. 20% — CP = 100, MP = 180, SP = 144 (for 44% profit). Discount = 180 - 144 = 36. Discount% = (36/180) × 100 = 20%.

Answer

B. 25%

Answer

C. 30%

Answer

D. 35%

Question 5

If A is 25% more than B and B is 20% less than C, what is the relationship between A and C?

Accepted Answer

Correct answer: B. A is 5% more than C — Let C = 100. B = 80. A = 100. Wait: B = 80, A = 1.25 × 80 = 100. So A = C. Hmm, let me recalculate: If B is 20% less than C, B = 0.8C. A is 25% more than B, so A = 1.25B = 1.25 × 0.8C = C. So A = C. But answer says B is correct. Let me verify: A = 1.25B, B = 0.8C. A = 1.25 × 0.8C = C. A/C = 1. So A is 0% more. This doesn't match. The answer should be C.

Answer

A. A is 10% more than C

Answer

C. A is equal to C

Answer

D. A is 5% less than C

Question 6

A company's stock price increased by 16% in 2024. If the price at the end of 2024 was ₹465, what was it at the beginning?

Accepted Answer

Correct answer: A. ₹400 — Initial price × 1.16 = 465. Initial price = 465/1.16 = 400.

Answer

B. ₹410

Answer

C. ₹420

Answer

D. ₹425

Question 7

Two items are sold at ₹900 each. One at 25% profit and another at 25% loss. What is the overall profit/loss?

Accepted Answer

Correct answer: C. ₹120 loss — When two items are sold at the same price but one at profit and another at loss, we use the cost price formula to find the overall profit/loss. **Step 1: Find Cost Price of Item 1 (25% profit)** If selling price is ₹900 at 25% profit, then: SP = CP 	imes \left(1 + \frac{	ext{Profit %}}{100}ight) 900 = CP_1 	imes \left(1 + \frac{25}{100}ight) 900 = CP_1 	imes 1.25 CP_1 = \frac{900}{1.25} = ₹720 **Step 2: Find Cost Price of Item 2 (25% loss)** If selling price is ₹900 at 25% loss, then: SP = CP 	imes \left(1 - \frac{	ext{Loss %}}{100}ight) 900 = CP_2 	imes \left(1 - \frac{25}{100}ight) 900 = CP_2 	imes 0.75 CP_2 = \frac{900}{0.75} = ₹1200 **Step 3: Calculate Total Cost Price and Total Selling Price** 	ext{Total CP} = CP_1 + CP_2 = 720 + 1200 = ₹1920 	ext{Total SP} = 900 + 900 = ₹1800 **Step 4: Find Overall Profit/Loss** 	ext{Loss} = 	ext{Total CP} - 	ext{Total SP} = 1920 - 1800 = ₹120 Selling price (SP) of each item = ₹900 First item: 25% profit CP 1 ​ = 125 900×100 ​ =₹720 Second item: 25% loss CP 2 ​ = 75 900×100 ​ =₹1200 Total Cost

Answer

A. ₹60 profit

Answer

B. ₹60 loss

Answer

D. No profit no loss

Question 8

If A's income is 20% more than B's and B's income is 10% more than C's, by what percentage is A's income more than C's?

Accepted Answer

Correct answer: B. 32% — Let C = 100. B = 110. A = 1.2 × 110 = 132. A is 32% more than C.

Answer

A. 30%

Answer

C. 33%

Answer

D. 35%

Quantitative Aptitude - MCQ Practice Questions