PROFIT, LOSS & DISCOUNT (QUANTITATIVE APTITUDE) EPFO UPSC

Total Questions: 30

1. Mohan bought a watch with 25% discount on the selling price. If the watch cost him ₹ 1,545, what is the original selling price of the watch?

Correct Answer: (d) None of these
Solution:

2. The owner of an electronics shop charges his customer 22% more than the cost price. If a customer paid ₹ 10,980 for a DVD player, then what was the cost price of the DVD player?

Correct Answer: (d) None of these
Solution:

3. Vinita bought a watch with 24% discount on the selling price. If the watch cost her ₹ 779, what is the original selling price of the watch?

Correct Answer: (d) None of these
Solution:

4. Mohan purchased an article and sold it for ₹ 2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?

Correct Answer: (b) ₹ 2,450
Solution:

5. The profit earned after selling an article for ₹ 1,754 is the same as loss incurred after selling the article for ₹ 1,492. What is the cost price of the article?

Correct Answer: (a) ₹ 1,623  
Solution:

6. Prathik sold a music system to Karthik at 20% gain and Karthik sold it to Swasthik at 40% gain. If Swasthik paid ₹ 10,500 for the music system, what amount did Prathik pay for the same?

Correct Answer: (c) ₹ 6,250
Solution:

7. In a sale, a perfume is available at a discount of 15% on the selling price. If the perfume’s discounted selling price is ₹ 3675.40, what was the original selling price of the perfume?

Correct Answer: (a) ₹ 4,324  
Solution:

8. What profit/loss percent did Ravi earn if he purchased an item of ₹ 5,600 and sold it at three-fourth of its cost price?

Correct Answer: (d) Loss of 25 percent
Solution:

9. Shri Ramlal purchased a TV set for ₹ 12,500 and spent ₹ 300 on transportation and ₹ 800 on installation. At what price should he sell it so as to earn an overall profit of 15%?

Correct Answer: (d) None of these
Solution:

10. A manufacturer marked an article at ₹50 and sold it allowing 20% discount. If his profit was 25% then the cost price of the article was

Correct Answer: (c) ₹32
Solution: