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GMAT Perecentages,Profit&Loss(10 Quest: 15 minutes)
A test by
Suresh
.
Test Questions
Question
A man spends 70% of his salary on food expenses, 40% of the rest on traveling expenses, 90% of the rest on house rent and was finally left with 3600$. How much did he spend on traveling expenses?
Answers
Correct
Answer Text
24000
18000
25000
22000
20000
Question
A certain amount of solution contains 18% alcohol. 8 litres of the solution is taken out and replaced with water. The resultant solution contains 15% alcohol. Find the volume(in litres) of the solution
Answers
Correct
Answer Text
40
50
48
44
None of these
Question
Mr.X sold an article at 10% loss. Had he bought it for 20% less and sold it for 77$ more he would have gained 30%. Find its Cost Price?
Answers
Correct
Answer Text
None of these
650$
550$
600$
500$
Question
What profit percentage is obtained by selling an article at certain price if by selling at 2/3 of that price there is a loss of 16%?
Answers
Correct
Answer Text
None of these
26%
20%
22%
24%
Question
Mr. Peter purchases an article at a discount of 20%, sells it at 60$ more than its marked priced and thus gained 50%. Find the Marked Price of the article.
Answers
Correct
Answer Text
180$
300$
100$
280$
320$
Question
Mr.John used to purchase certain number of mangoes for 360 Rs. Since the price of mangoes is reduced by 10% he got 12 more mangoes today. Find the original price of 120 mangoes.
Answers
Correct
Answer Text
400$
380$
396$
412$
360$
Question
A shopkeeper increases the price of an article by X% and then decreases it by X%. As a result the price of the article is reduced by 180 $. After one more such change the price is further reduced by 153$ Find the original price of the article.
Answers
Correct
Answer Text
1200$
1100$
1400$
1000$
1500$
Question
A man sold 20 articles for 60$ and gained 20%. How many articles should he sell for 90$ to incur a loss 20%?
Answers
Correct
Answer Text
45
36
40
50
48
Question
A man purchases every 11 articles for 10$ and sells every 10 articles for 11 $. How many articles should he sell to gain 63$ ?
Answers
Correct
Answer Text
300
None of these
440
220
550
Question
A man sold two books at the same price. On the first book he gained 20% and on the second he gained 30%. By what percent is the cost price of first book more than that of the cost price of the second book?
Answers
Correct
Answer Text
33.33%
8.33%
28.56%
14.28%
16.66%
Answer
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