Mathematics Quiz for AFCAT & INET (Profit and Loss) : 26 DECEMBER

## Mathematics Quiz for AFCAT and INET Exam: 26 Dec 2019

Jai Hind Aspirants, Defence Adda is providing you all with this quiz on Mathematics questions for CDS, AFCAT, CAPF and other Defence Examinations.

Q1. The marked price of a Timex sports watch was Rs. 720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. What was the second discount rate?
(a) 12%
(b) 14%
(c) 15%
(d) 18%

Q2. A Raymond Showroom keeper marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was:
a) 5%
(b) 9%
(c) 16%
(d) 25%

Q3. The price of a Laughing Buddha Statue is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is:
(a) decreased by 5.3%
(b) increased by 3%
(c) increased by 5.3%
(d) increased by 10%

Q4. By selling an article at 2/5 of the marked price, there, is a loss of 25%. The ratio of the marked price and the cost price of the article is:
(a) 2:5
(b) 5:2
(c) 8:15
(d) 15:8

Q5. A Clothes trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of:
(a) 9%
(b) 10%
(c) 10.5%
(d) 11%

Q6. A Timber trader marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. His total gain is:
(a) 2%
(b) 4.5%
(c) 13.55
(d) 15%

Q7. A shopkeeper sells a Cosco badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:
(a) Rs. 19.75
(b) Rs. 20
(c) Rs. 21
(d) Rs. 21.25

Q8. A shopkeeper sold Banarasi sarees at Rs. 266 each after giving 5% discount on labeled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each Banarasi saree?
(a) Rs. 240
(b) Rs. 260
(c) Rs. 280
(d) None of these

Q9. A Orient fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104?
(a) 8%
(b) 10%
(c) 12%
(d) 15%

Q10. List price of an article at a Reebok showroom is Rs. 2000 and it is being sold at successive discounts of 20% and 10%. Its net selling price will be:
(a) Rs. 1400
(b) Rs. 1440
(c) Rs. 1520
(d) Rs. 1700

Solution: