Quantitative Aptitude Questions Quiz Set 5 for IBPS/SBI/SSC
1. A firm dealing in furniture allows 4% discount on the marked price of each item. What price must be marked on a dining table that cost 400 to assemble, so as to make a profit of 20%?
1) 475 2) 480 3) 500 4) 520 5) None of these
2. A trader purchases apples at 60 per hundred. He spends 15% on the transportation. What should be the selling price per 100 to earn a profit of 20%?
1) 72 2) 81.8 3) 82.8 4) 83.8 5) None of these
3. A dishonest dealer professes to sell at cost price but uses a 900 gram weight instead of a 1 kilogram weight. Find the percent profit to the dealer.
1) 10% 2) 11.11% 3) 12.5% 4) 9.09% 5) None of these
4. A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these manoeuvres.
1) 8% 2) 12% 3) 20% 4) 16% 5) None of these
5. Ravana spends 30% of his salary on house rent, 30% of the rest he spends on his children’s education and 24% of the total salary he spends on cloths. After his expenditure, he is left with 2500. What is Ravana’s salary?
1) 11,494.25 2) 20,000 3) 10,000 4) 15,000 5) None of these
6. A briefcase was sold at a profit of 10%. If its cost price was 5% less and it was sold for 7 more, the gain would have been 20%. Find the cost price of the briefcase.
1) 175 2) 200 3) 225 4) 160 5) None of these
7. Cheap and best, a Kirana shop bought some apples at 4 per rupee and an equal number at 5 per rupee. He then sold the entire quantity at 9 for 2 rupees. What is his percentage profit or loss?
1) 1.23% loss 2) 6.66% 3) 8.888% 4) No profit no loss 5) none of these
8. Deb bought 100 kg of rice for 1100 and sold it at a loss of as much money as he received for 20 kg rice. At what price did he sell the rice?
1) 9 per kg 2) 9.1666 per kg 3) 9.5 per kg 4) 10.33 per kg 5) None of these
9. The profit earned when an article is sold for 800 is 20 times the loss incurred when it is sold for 275. At what price should the article be sold if it is desired to make a profit of 25%.
1) 300 2) 350 3) 375 4) 400 5) None of these
10. Find the difference between the simple and the compound interest at 5% per annum for 2 years on a principal of 2000.
1) 5 2) 105 3) 4.5 4) 5.5 5) None of these
11. What is the difference between the simple interest on a principal of 500 being calculated at 5% per annum for 3 years and 4% per annum for 4 years?
1) 5 2) 10 3) 20 4) 40 5) None of these
12. What is the simple interest on a sum of 700 if the rate of interest for the first 3 years is 8% per annum and for the last 2 years is 7.5% per annum?
1) 269.5 2) 283 3) 273 4) 280 5) None of these
13. What is difference between compound interest and simple interest for the sum of 20,000 over a 2 year period if the compound interest is calculated at 20% and simple interest is calculated at 23%?
1) 400 2) 460 3) 440 4) 450 5) None of these
14. Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.
1) 331 2) 1331 3) 320 4) 325 5) None of these
15. What is the rate of simple interest for the first 4 years if the sum of Rs. 360 becomes Rs. 540 in 9 years and the rate of interest for the last 5 years is 6%?
1) 4% 2) 5% 3) 3% 4) 6% 5) None of these
Question No | Answers |
1 | 3 |
2 | 3 |
3 | 2 |
4 | 3 |
5 | 3 |
6 | 1 |
7 | 1 |
8 | 2 |
9 | 3 |
10 | 1 |
11 | 1 |
12 | 3 |
13 | 1 |
14 | 1 |
15 | 2 |
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