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These types of competitive MCQs appear in the exams like GRE, CAT, CSAT, CLAT, Banking, Defence, G.I.C, GMAT, IBPS, L.I.C, MAT, Railway, SSC, UPSC, UGC, XAT, CDS, CPO, ICET, IMA, Income Tax, Insurance, KPSC, NDA, SNAP Test, Sub Inspector of Police, TNPSC, all Government Exams, and other Competitive Examinations, etc. We created all the competitive exam MCQs into several small posts on our website for your convenience.

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**Questions**hide

## GRE Practice Tests Online FREE for Students

## Dharam Pal buys a piece of land for Rs.36,000. He sells one-third of this piece at a loss of 20% and two-fifth at a gain of 25%. For how many Rs. (‘000) must he sell the remaining land so as to make an overall profit of 10%

(a) 10

(b) 12

(c) 14

(d) 16

(e) None of these

Option b – 12

## A fruit seller purchases 6 oranges for a rupee and sells them at the rate of Rs. 2.50 per dozen. Find his gain or loss percentage.

(a) 20

(b) 25

(c) 30

(d) 33

(e) None of these

Option b – 25

## A merchant sells tea at the rate of Rs. 7.50 per kg and loses 25% in most transactions. At what price does he sell the tea per kg in order that he may gain 10%?

(a) 9

(b) 10

(c) 11

(d) 12.25

(e) None of these

Option c – 11

## A sold an article at a profit of a 4% to B, who in turn sold it to C at a loss of 5% for cash payment, C pays how much% of A’s cost?

(a) 96

(b) 100

(c) 98.8

(d) 102.25

(e) None of these

Option c – 98.8

## At M/s Rama Stores, a transistor is sold for Rs. 510 at a loss of 15%. What should be its new selling price in order to gain 15%?

(a) 690

(b) 720

(c) 750

(d) 810

(e) None of these

Option a – 690

## Mr. Deepak Marathi blends two qualities of tea from two different tea gardens, loose tea @ Rs 25 per kg and blended tea at Rs. 20 per kg in a ratio of 2 : 3. He mixes these varies and sells the mixed variety at Rs. 24 per kg. Determine his profit (Rs).

(a) 30

(b) 40

(c) No profit

(d) Data inadequate

(e) None of these

Option d – Data inadequate

## Pencils were bought at 30p per piece and sold for Rs. 320 per hundred. Gain% is?

(a) 9

(b) 12

(c) 7.2

(d) 6.8

(e) None of these

Option d – 6.8

## A table and a chair were bought for Rs.15,000. The table was sold at a @15% gain and the chair at an 8% gain together for Rs. 17,040. The cost of the table is Rs.

(a) 14000

(b) 13,200

(c) 12,000

(d) 12,702

(e) None of these

Option c – 12,000

## A sells an electric press to B at a profit of 5% and B sells it to C at a loss of 5%. If C pays Rs. 2,394 for it, what did it cost A?

(a) 2,066

(b) 2,166

(c) 2,126

(d) 2,800

(e) None of these

Option b – 2,166

## Two dealers offer an article at the same list price. The first allows discounts of 25% and 15%, the other 10% and 30%. Which is a better offer for the customer?

(a) First

(b) Second

(c) Equal

(d) Neither

(e) None of these

Option b – Second

## Find a single discount equivalent to a discount series of 30%, 20%, and 10%

(a) 48.2

(b) 49.6

(c) 51.2

(d) 53.7

(e) None of these

Option b – 49.6

## Which is more favorable to a buyer and by how much: Rs. 680 with discounts of (i) 20%, 15%, 10% or with discounts of (ii) 25%, 2%, 8%.

(a) First

(b) Second

(c) Equal

(d) Neither

(e) None of these

Option b – Second

## A trader marks his goods at 20% above the cost price. If he allows a discount of 5% for cash payment, what profit percent does he make?

(a) 15

(b) 14

(c) 13

(d) 12

(e) None of these

Option b – 14

## A fan priced at Rs. 360 is sold at a discount of 10%. Further off-season discount of 5% is also allowed. The customer pays (Rs).

(a) 324

(b) 342

(c) 308

(d) 302

(e) None of these

Option c – 308

## A gown is marked at a price of Rs. 120. During the sale, the dealer allows a 10% discount on the marked price and makes a profit of 20% on the cost. Find the cost price.

(a) 75

(b) 80

(c) 90

(d) 108

(e) None of these

Option c – 90

## Mr. Raman Bansal is a famous liquor Don of the area and supplies liquor stock to the vendors of the area. The vendors later mix water to earn a profit of One-third of their stocks. In what ratio should they mix water and liquor so that after selling the mixture at the cost price they are able to earn the desired profit?

(a) 1 : 4

(b) 1 : 3

(c) 2 : 3

(d) 3 : 4

(e) None of these

Option a – 1 : 4

## Mr. Devinder purchased 120 reams of paper at Rs. 80 per ream. He paid Rs. 280 on transportation, octroi at the rate of 40 paise per ream, and paid Rs. 0.60 per ream for local carriage. He wants to gain 8%, what must be his selling price per ream?

(a) 90

(b) 89

(c) 87.5

(d) 86.12

(e) None of these

Option a – 90

## Mr. Chirag sold two of his horses for Rs. 25,000 each. On one horse he lost 10% while on the gained 10%. His gain or loss percent in the entire transaction was: other, the loss

(a) 10%

(b) 1% loss

(c) 1% gain

(d) At par

(e) None of these

Option b – 1% loss

## A person incurs a loss of 5% by selling a watch for Rs. 1140. At what price should this watch be sold to earn 5% profit (Rs.).

(a) 1200

(b) 1230

(c) 1260

(d) 1290

(e) None of these

Option c – 1260

## The marked price of an article is increased by 25% and then a discount of 10% is offered on this marked price. Net gain% still made is?

(a) 12.4

(b) 12.5

(c) 13.2

(d) 14.2

(e) None of these

Option b – 12.5

## Due to the reduction of 25% in the price of oranges, Vriddhi can purchase 4 oranges more for Rs. 16. What is the original price (Rupees) of an orange?

(a) 1.00

(b) 1.33

(c) 1.50

(d) 1.60

(e) None of these

Option b – 1.33

## Himanshu bought an article and sold it at a gain of 5%. Had he bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The cost price of the article was (Rs).

(a) 100

(b) 150

(c) 200

(d) 250

(e) None of these

Option c – 200

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