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Quant Quiz

1.A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs. 36. What is the cost price of each camera?
(a)100
(b)150
(c)180
(d)220
(e)None of these

2.A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the tea at the marked price to a customer. What is profit percentage of retailer?
(a)30%
(b)12%
(c)16.66%
(d)25%
(e)None of these
3.Titan sells a wrist watch to a wholesaler making a profit of 10%. The wholesaler, in turn, sells it to the retailer making a profit of 10%. A customer purchases it by paying Rs. 990. Thus the profit of retailer is 23/11% What is the cost incurred by the Titan to produce it?
(a)768
(b)750
(c)800
(d)820
(e)None of these
4.A company instead of raising the mark-up by 20% discounted the cost price by 20% while stiching the price tag on its product. Further the company offers a discount of 6.25% to its customer. In this process company incurs a loss of Rs. 37.5 on a single article. What is the selling price of that article?
(a)417.5
(b)112.5
(c)365.5
(d)412.5
(e)None of these
5.A milkman mixes 10% water in pure milk but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of milkman if he sells it at cost price:
(a)11.11%
(b)20%
(c)21%
(d)12.1%
(e)None of these
6.A person sold an electronic watch at Rs. 96 in such a way that his percentage profit is same as the cost price of the watch. If he sells it at twice the percentage profit of its previous percentage profit then new selling price will be:
(a)Rs.132
(b)Rs.150
(c)Rs.192
(d)Rs.180
(e)None of these
7.A trader mixes 25% kerosene to his petrol and then he sells the whole mixture at the price of petrol. If the cost price of kerosene be 50% of the cost price of petrol, what is the net profit percentage?
(a)111/9%
(b)121/9%
(c)91/11%
(d)20%
(e)None of these
8.The profit percentage of A and B is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while B calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
(a)Rs.360
(b)Rs.60
(c)Rs.540
(d)Rs.450
(e)None of these
9.Abhishek and Bhanu both are dealers of KML scooters. The price of a KML Scooter is Rs. 28,000. Abhishek gives a discount of 10% on whole, while Bhanu gives a discount of 12% on the first Rs. 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling prices?
(a)Rs.240
(b)Rs.420
(c)Rs.640
(c)Rs.740
(e)None of these
10.A scientific calculator is available at Universal Shoppe in Hazratganz at 20% discount and the same is available at only 15% discount at Universal Shoppe Bhootnath Market. Ms. Agrawal has just sufficient amount of Rs. 800 to purchase it at Universal Shoppe Hazratganz. What is the amount that Ms. Agrawal has less than the required amount to purchase it at Universal Shoppe Bhootnath? 
(a)Rs.70
(b)Rs.50
(c)Rs.100
(d)Data insufficient
(e)None of these

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