Q. 1
Quantitative Aptitude Test
Difficulty: Hard
(1 Mark)
An article with a cost price of Rs. 2,000 was sold for Rs. 2,500. What is the profit percentage?
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Step-by-Step Explanation & Concept Rationale
The profit earned is: \[\text{Profit} = 2500 - 2000 = \text{Rs. } 500\] \[\text{Profit Percentage} = \frac{\text{Profit}}{\text{Cost Price}} \times 100\% = \frac{500}{2000} \times 100\% = 25\%\] Thus, the correct option is (B).
Q. 2
Quantitative Aptitude Test
Difficulty: Hard
(1 Mark)
A television set is purchased for Rs. 8,000 and sold at a 10% loss. What is the selling price?
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Step-by-Step Explanation & Concept Rationale
The cost price is $\text{CP} = \text{Rs. } 8000$ and loss is \%$. \[\text{Loss} = 8000 \times 0.10 = \text{Rs. } 800\] \[\text{Selling Price (SP)} = 8000 - 800 = \text{Rs. } 7200\] Thus, the correct option is (C).
Q. 3
Quantitative Aptitude Test
Difficulty: Hard
(1 Mark)
A merchant bought a chair for Rs. 1,540 and sold it to earn a profit of 25%. What is the selling price?
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Step-by-Step Explanation & Concept Rationale
The cost price is $\text{CP} = \text{Rs. } 1540$ and profit is \%$. \[\text{Profit} = 1540 \times 0.25 = \text{Rs. } 385\] \[\text{Selling Price (SP)} = \text{CP} + \text{Profit} = 1540 + 385 = \text{Rs. } 1925\] Thus, the correct option is (C).
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