Introductions –
- The questions asked in this quiz are based on the Coding-Decoding in reasoning section.
- Total no. of questions = 10
- Total time = 6 minutes
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- Question 1 of 10
1. Question
Q1. A cellular phone when sold for Rs. 4600 fetches a profit of 15%. Find the cost price of the cellular phone.
CorrectWell Done! Right answer 🙂
Solution -> 1.15 x Price = 4600 then, Price = 4000 INR.IncorrectWell tried! But Wrong answer 🙁
It’s (C)
Solution –> 1.15 x Price = 4600 then, Price = 4000 INR.
- Question 2 of 10
2. Question
Q2. The cost price of a shirt and a pair of trousers is Rs. 371. If the shirt cost 12% more than the trousers, find the cost price of the trouser.
CorrectWell done! Right Answer 🙂
Solution -> Solve using options. Option (C) gives us Rs. 175 as the costg of the trouser.
Hence, the shirt will cost 12% more i.e. 175 + 17.5 + 3.5 = 196.
This satisfies the total cost requirement of Rs. 371.
IncorrectWell tried ! But Wrong answer 🙁
It’s (C)
Solution -> Solve using options. Option (C) gives us Rs. 175 as the costg of the trouser.
Hence, the shirt will cost 12% more i.e. 175 + 17.5 + 3.5 = 196.
This satisfies the total cost requirement of Rs. 371.
- Question 3 of 10
3. Question
Q3. By selling bouquets for Rs. 63, a florist gain 5%. At what price should he sell the bouquets to gain 10% on the cost price?
CorrectWell done! Right answer 🙂
Solution – CP = 63/1.05 = 60. Thus, the required SP for 10% profit = 1.1 x 60 = 66
IncorrectWell tried! But wrong answer 🙁
It’s (A).
Solution – CP = 63/1.05 = 60. Thus, the required SP for 10% profit = 1.1 x 60 = 66
- Question 4 of 10
4. Question
Q4. By selling a watch for Rs. 495, a shopkeeper incurs a loss of 10%. Find the cost price of the watch for the shopkeeper.
CorrectWell done! right answer 🙂
Solution – 0.9 x Price = 495 -> Price 550
IncorrectWell tried! but wrong answer 🙁
it’s (B)
Solution – 0.9 x Price = 495 -> Price 550
- Question 5 of 10
5. Question
Q5. A digital diary is sold for Rs. 935 at a profit of 10%. What would have been the actual profit or loss on it, if it had been sold for Rs. 810?
CorrectWell done! right answer 🙂
Solution – CP = 935/1.1 = 850. Selling this at 810 would mean a loss of Rs. 40 on a CP of Rs. 850.
IncorrectWell tried! but wrong answer 🙁
it’s (B)
Solution – CP = 935/1.1 = 850. Selling this at 810 would mean a loss of Rs. 40 on a CP of Rs. 850.
- Question 6 of 10
6. Question
Q6. A man 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.
CorrectWell done! right answer 🙂
Solution – The SP = Rs. 3 for each article. This shows a profit of 20%. Thus, CP =3/1.2 = 2.5.
8 articles would cost Rs. 20 and hence selling at 18.40 would represent a loss of 1.6 which would mean an 8% loss on Rs. 20.
IncorrectWell tried! but wrong answer 🙁
It’s (C)
Solution – The SP = Rs. 3 for each article. This shows a profit of 20%. Thus, CP =3/1.2 = 2.5.
8 articles would cost Rs. 20 and hence selling at 18.40 would represent a loss of 1.6 which would mean an 8% loss on Rs. 20.
- Question 7 of 10
7. Question
Q7. The cost price of 50 mangoes is equal to the selling price of 40 mangoes. Find the percentage profit.
CorrectWell done! right answer 🙂
Solution – The percentage profit = (Goods left / Goods sold) x 100 = 10/40 X 100 = 25%
IncorrectWell tried! but wrong answer 🙁
It’s (B)
Solution = The percentage profit = (Goods left / Goods sold) x 100 = 10/40 X 100 = 25%
- Question 8 of 10
8. Question
Q8. A owns a house worth Rs. 10,000. He sells it to B at a profit of 15%. After some time, B sells it back to A at 15% loss. Find A’s loss or gain percent.
CorrectWell done! right answer 🙂
Solution – Initially A’s investment to be considered 10,000 Rs.
He sells at 15% profit it means 11,500 Rs. and buys back at 9775 Rs.
Hence his profit is Rs. 1725.
Answer = (1725/10,000) x 100 = 17.25 gain.
IncorrectWell tried! but wrong answer 🙁
It’s (D)
Solution – Initially A’s investment to be considered 10,000 Rs.
He sells at 15% profit it means 11,500 Rs. and buys back at 9775 Rs.
Hence his profit is Rs. 1725.
Answer = (1725/10,000) x 100 = 17.25 gain.
- Question 9 of 10
9. Question
Q9. An article costs Rs. 700 to a manufacturer who lists its price at Rs. 800. He sells it to a trader at a discount of 5%. The trader gets a further discount of 5% on his net payment for paying in cash. Calculate the amount that the trader pays to the manufacturer.
CorrectWell done! right answer 🙂
Solution – The trader pays 800 x 0.95 x 0.95 = 722 Rs.
IncorrectWell tried! but wrong answer 🙁
It’s (A)
Solution – The trader pays 800 x 0.95 x 0.95 = 722 Rs.
- Question 10 of 10
10. Question
Q10. In the question (9), find the profit percent that the manufacturer makes on the sale
CorrectWell done! right answer 🙂
Solution – Manufacturer’s profit percentage = (22/700) X 100 = 22/7%
IncorrectWell tried! but wrong answer 🙁
It’s (B)
Solution – Manufacturer’s profit percentage = (22/700) X 100 = 22/7%
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