This set of Aptitude Questions and Answers (MCQs) focuses on “Profit or Loss on Sales”.
1. The market value of the share is 80% more than the face value and 20% more than the selling price. Find the profit percent on selling the share.
a) 50%
b) 75%
c) 100%
d) 200%
View Answer
Explanation: Let the face value of the share be 100.
The market value of the share = 100 + 80% of 100 = 100 + 80 = 180
The market value is 20% more than the selling price.
The selling price = 180 / 120 * 100 = 150
The profit = 150 – 100 = 50
The profit percentage = 50 / 100 * 100 = 50% profit
2. The market value of a share is 80% of the face value and 20% less than the selling price. Find the profit or loss percentage.
a) 12% loss
b) 12% profit
c) 11% profit
d) No loss no profit
View Answer
Explanation: Let the face value be 100.
The market value = 80% of the face value = 80% of 100 = 80
The market value is 20% less than the selling price.
The selling price = 80 / 80 * 100 = 100
The profit or loss = 100 – 100 = 0
The is no profit no loss in the transaction.
3. The selling price of a share is 600 rupees. If the market value is 50% of the face value and the loss is 25%, find the market value.
a) 100
b) 200
c) 300
d) 400
View Answer
Explanation: The selling price = 600 rupees
The loss = 25%
75% of the face value = 600 rupees
100% of the face value = 600 / 3 * 4 = 800 rupees
The market value is 50% of the face value = 50% of 800 = 400
4. The market value of a share is 73 / 8th of the profit. If the face value of the share is 1200 and the profit is 25%, find the profit.
a) 200 rupees
b) 300 rupees
c) 350 rupees
d) 400 rupees
View Answer
Explanation: The face value = 1200 rupees
The profit is 25% of the face value = 25% of 1200 = 300 rupees
Here, the market value was just a distraction.
5. The market value of the share is 75% more than the face value and 25% more than the selling price. Find the profit percent on selling the share.
a) 40%
b) 55%
c) 70%
d) 80%
View Answer
Explanation: Let the face value of the share be 100.
The market value of the share = 100 + 75% of 100 = 100 + 75 = 175
The market value is 25% more than the selling price.
The selling price = 175 / 125 * 100 = 140
The profit = 140 – 100 = 40
The profit percentage = 40 / 100 * 100 = 40% profit.
6. The market value of a share is 75% of the face value and 25% less than the selling price. Find the profit or loss percentage.
a) 10% loss
b) 10% profit
c) 25% profit
d) No loss no profit
View Answer
Explanation: Let the face value be 100.
The market value = 75% of the face value = 75% of 100 = 75
The market value is 25% less than the selling price.
The selling price = 75 / 75 * 100 = 100
The profit or loss = 100 – 100 = 0
The is no profit no loss in the transaction.
7. The selling price of a share is 150 rupees. If the market value is 40% of the face value and the loss is 20%, find the market value.
a) 100
b) 75
c) 60
d) 50
View Answer
Explanation: The selling price = 150 rupees
The loss = 20%
80% of the face value = 150 rupees
100% of the face value = 150 / 4 * 5 = 187.5 rupees
The market value is 40% of the face value = 40% of 187.5 = 75
8. The market value of the share is 90% more than the face value and 30% more than the selling price. Find the profit percent on selling the share.
a) 46.15%
b) 64.15%
c) 46.51%
d) 64.51%
View Answer
Explanation: Let the face value of the share be 100.
The market value of the share = 100 + 90% of 100 = 100 + 90 = 190
The market value is 30% more than the selling price.
The selling price = 190 / 130 * 100 = 146.15
The profit = 146.15 – 100 = 46.15
The profit percentage = 46.15 / 100 * 100 = 46.15% profit.
9. The market value of a share is 66% of the face value and 44% less than the selling price. Find the profit or loss percentage.
a) 17.85% loss
b) 17.85% profit
c) 12.50% profit
d) No loss no profit
View Answer
Explanation: Let the face value be 100.
The market value = 66% of the face value = 66% of 100 = 66
The market value is 44% less than the selling price.
The selling price = 66 / 56 * 100 = 117.85
The profit or loss = 117.85 – 100 = 17.85 profit
The profit percentage = 17.85 / 100 * 100 = 17.85%
10. The selling price of a share is 465 rupees. If the market value is 90% of the face value and the loss is 7%, find the market value.
a) 150
b) 250
c) 350
d) 450
View Answer
Explanation: The selling price = 465 rupees
The loss = 7%
93% of the face value = 465 rupees
100% of the face value = 465 / 93 * 100 = 500 rupees
The market value is 90% of the face value = 90% of 500 = 450
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