GMAT-Quantitative Aptitude Questions and Answers

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Q221
Rajiv sold an article for Rs.56 which cost him Rs.x. If he had gained x% on his outlay, what was his cost?
  • A Rs. 40
  • B Rs. 45
  • C Rs. 36
  • D Rs. 28
Answer: Option A
Q222
A trader buys goods at a 19% Aount on the label price. If he wants to make a profit of 20% after allowing a Aount of 10%, by what % should his marked price be greater than the original label price?
  • A +8%
  • B -3.8%
  • C +33.33%
  • D None of these
Answer: Option A
Q223
If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee so as to gain 20%?
  • A 28
  • B 25
  • C 20
  • D 22
Answer: Option B
Q224
One year payment to the servant is Rs. 200 plus one shirt. The servant leaves after 9 months and recieves Rs. 120 and a shirt. Then find the price of the shirt.
  • A Rs. 80
  • B Rs. 100
  • C Rs. 120
  • D Cannot be determined
Answer: Option C
Q225
Two merchants sell, each an article for Rs.1000. If Merchant A computes his profit on cost price, while Merchant B computes his profit on selling price, they end up making profits of 25% respectively. By how much is the profit made by Merchant B greater than that of Merchant A?
  • A Rs.66.67
  • B Rs. 50
  • C Rs.125
  • D Rs.200
Answer: Option B
Q226
A merchant marks his goods in such a way that the profit on sale of 50 articles is equal to the selling price of 25 articles. What is his profit margin?
  • A 25%
  • B 50%
  • C 100%
  • D 66.67%
Answer: Option C
Q227
A merchant marks his goods up by 75% above his cost price. What is the maximum % Aount that he can offer so that he ends up selling at no profit or loss?
  • A 75%
  • B 46.67%
  • C 300%
  • D 42.85%
Answer: Option D
Q228
In case of any default made in complying with the provisions relating to the postal ballot, the officer on default will be punishable with which one of the following fines ?
  • A Rs. twenty thousand in respect of each such default
  • B Rs. fifty thousand in respect of each such default
  • C Rs. one lakh in respect of each such default
  • D Rs. two lakh in respect of each such default
Answer: Option B
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