Explore topic-wise MCQs in Aptitude.

This section includes 428 Mcqs, each offering curated multiple-choice questions to sharpen your Aptitude knowledge and support exam preparation. Choose a topic below to get started.

1.

Articles are marked at a price which gives a profit of 25%. After allowing a certain
discount the profit reduces to 12
1
%. The discount percent is
2
A. 11.1%
B. 10%
C. 12%
Answer» D.
Discussion
2.

Mr. A bought a refrigerator with 16
2
% discount on the labelled price. Had
3

he bought it with 25% discount, he would have saved 600. At what price did he buy the refrigerator ?

A. 6000
B. 7200
C. 7500
D. 5000
Answer» B. 7200
Discussion
3.

A housewife saved 2.50 in buying a dress on sale. If she spent 25 for the dress, approximately how much per cent she saved in the transaction?

A. 8%
B. 9%
C. 10%
D. 11%
Answer» C. 10%
Discussion
4.

A fan is listed at 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 1104 ?

A. 8%
B. 10%
C. 12%
D. 15%
Answer» B. 10%
Discussion
5.

A dealer buys an article marked at 25,000 with 20% and 5% off. He spends 1,000 for its
repair and sells it for 25,000. What is his gain or loss per cent?

A. Loss of 25%
B. Gain of 25%
C. Gain of 10%
D. Loss of 10%
Answer» C. Gain of 10%
Discussion
6.

The Banker s discount on a bill due 6 months hence at 16% per annum is 216. The true
discount is :

A. 212
B. 180
C. 210
D. 200
Answer» E.
Discussion
7.

A discount of 21/2% is given to the customer on the marked price of an article. A man bought the article for 39. The marked price of the article is :

A. 42
B. 36.5
C. 40
D. 41.5
Answer» D. 41.5
Discussion
8.

A man sold an article for Rs. 450, after allowing a discount of 16
2
% on
3

the printed price. What is that printed price ?

A. Rs. 525
B. Rs. 530
C. Rs. 535
D. Rs. 540
Answer» E.
Discussion
9.

The discount on a certain sum of money,
due at the end of 2
1
years at 2
2
 % p.a. is 78.
43
Find the sum.

A. 1,278
B. 1,300
C. 1,378
D. 1,400
Answer» C. 1,378
Discussion
10.

A shopkeeper sold an item for 1,510 after giving a discount of 24
1
%
2

and thereby incurred loss of 10%. Had he sold the item without discount, his net profit would have been

A. 641
Answer» E.
Discussion
11.

The present worth of 920 due at the end of 3 years at 5 % simple interest per annum is :

A. 780
B. 850
C. 800
D. 810
E. None of these
Answer» D. 810
Discussion
12.

A company showroom gives a discount of 20% on the second grade shoes and a further
discount of 15% on shareholder s coupon. The total discount, a coupon holder will get is

A. 32%
B. 36%
C. 35%
D. 38%
Answer» B. 36%
Discussion
13.

If the simple interest on a certain sum is due for some years at 6 % is 180, and the discount at 5 % on the same amount is 140. Find the sum and the time.

A. None of these
Answer» B.
Discussion
14.

The banker s gain on a certain sum of money is due for 9 months at 4 % p.a. is 2.25. The sum is :

A. 2575
B. 2500
C. 2250
D. 3250
E. None of these
Answer» B. 2500
Discussion
15.

The present worth of a bill of 1764 due for 2 years at 5 % compound interest is :

A. 1650
B. 1700
C. 1600
D. 1714
E. None of these
Answer» D. 1714
Discussion
16.

The present worth of a sum of money due for 146 days at 5 % is 400. The sum due is :

A. 410
B. 408
C. 415
D. 450
E. None of these
Answer» C. 415
Discussion
17.

A banker discounts a 4 months bill at 3 %. If the proceeds be invested in a manner, so that nothing is lost, the interest rate should be :

A. 3%
B. 4%
C. None of these
Answer» D.
Discussion
18.

A man bought a motor-cycle for 32500. He sold it for 35000, allowing the buyer for a 6 months credit. If the money be worth 4 % per annum, the gain percent is :

A. None of these
Answer» C.
Discussion
19.

At a given rate, the simple interest and the true discount on a certain sum, for a given time, are 24 and 22, respectively. The sum is :

A. 264
B. 220
C. 288
D. 295
E. None of these
Answer» B. 220
Discussion
20.

A trader allows a trade discount of 20% and a cash discount of 6
1
% on the
4

marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale ?

A. 40%
B. 50%
C. 60%
D. 70%
Answer» D. 70%
Discussion
21.

The holder of a bill for 17850 nominally due on May 21, 1991 received 357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

A. Dec 29, 1990
B. Dec 30, 1989
C. Dec 19, 1990
D. Dec 20, 1995
E. None of these
Answer» B. Dec 30, 1989
Discussion
22.

If $ 10 be allowed as true discount on a bill of $ 110 due at the end of certain time, then the discount allowed on the same amount due at the end of double the time is :

A. $ 20
B. $ 21.81
C. $ 22
D. $ 18.33
Answer» E.
Discussion
23.

A merchant allows 5% discount on the marked price of an article to his customers. What price should he mark on an article the cost price of which is 712.50, so as to make a clear
profit of 33
1
% on his outlay ?
3
A. 1000
B. 1200
C. 980
D. 960
Answer» B. 1200
Discussion
24.

An article is listed at 65. A customer bought this article for 56.16 with two successive
discounts of which one is 10%. The other discount of this discount scheme that was allowed by the shopkeeper is

A. 4%
B. 3%
C. 6%
D. 2.5%
Answer» B. 3%
Discussion
25.

The marked price of an article is 200. A discount of 12
1
% is allowed on the marked price
2
and a profit of 25% is made. The cost price of the article is :

A. 200
B. 175
C. 120
D. 140
Answer» E.
Discussion
26.

A shopkeeper purchased a chair marked at 600 at two successive discounts of 15% and
20% respectively. He spent 28 on transportation and sold the chair for 545. His gain percent was

A. 25%
B. 30%
C. 35%
D. 20%
Answer» B. 30%
Discussion
27.

A plate was sold for 6,300 after giving two successive discounts of
12
1
% and 10%. Find the marked price.
2
A. 7,300
B. 7,700
C. 8,000
D. 7,250
Answer» D. 7,250
Discussion
28.

The list price of an electric fan is Rs. 300. If two successive discounts of 15% and 10% are
allowed, its selling price would be

A. Rs. 227.50
B. Rs. 225
C. Rs. 230
D. Rs. 229.50
Answer» E.
Discussion
29.

While selling a watch, a shopkeeper gives a discount of 5 % . If he gives a discount of
6 %, he earns 15 less as profit. What is the marked price of the watch ?

A. 1250
B. 1400
C. 1500
D. 750
Answer» D. 750
Discussion
30.

A salesman is allowed 5
1
% discount on the total
2
sales made
by him plus a bonus of
1
% on sales
2
over 10,000. If his total earnings were 1,990, his total sales (in ) was

A. 30,000
B. 32,000
C. 34,000
D. 35,000
Answer» D. 35,000
Discussion
31.

A company offers 3 types of successive discounts : (i) 25% and 15%, (ii) 30% and 10%, (iii) 35% and 5%. Which offer is the best for a customer?

A. First offer
B. Second offer
C. Third offer
D. Any one; all are equally good
Answer» D. Any one; all are equally good
Discussion
32.

If the discount on $ 249 at 5 % S.I. be $ 9, when is the sum due?

A. 6 months
B. 4 months
C. 9 months
D. 7 months
Answer» D. 7 months
Discussion
33.

What rate of interest does a man get for his money when in discounting a bill due in 10 months, he deducts 4 % of the amount of the bill?

A. 5%
B. 6%
C. 8%
D. 4%
Answer» B. 6%
Discussion
34.

The banker s gain on a certain sum due in 2 years at 5 % per annum is $ 8. The present worth is :

A. $ 800
B. $ 1600
C. $ 1200
D. $ 880
Answer» B. $ 1600
Discussion
35.

A owes B $ 1350 due in 3 months and B owes A $ 1078 due 5 months. If they agrees to settle their account right now at 5 % p.a, A should pay to B :

A. $ 288.25
B. $ 302
C. None of these
Answer» B. $ 302
Discussion
36.

A bill is discounted at 5 % per annum. If banker s discount be allowed, at what rate of interest must the proceeds be invested, so that nothing is lost?

A. 5%
B. 10%
Answer» D.
Discussion
37.

The B.G. on a certain sum due in 5 years is 3/23 of B.D. Here, the rate of interest is :

A. 6%
B. 5%
C. 4%
D. 3%
Answer» E.
Discussion
38.

The B.G. on a sum due 3 years at 10 % is $ 180. The B.D. is :

A. $ 680
B. $ 780
C. $ 580
D. $ 480
Answer» C. $ 580
Discussion
39.

A has to pay $ 22 to B after 1 year. B asks A to pay $ 110 in cash and defers the payment of $ 110 for 2 years. A agrees to it. Counting the rate of interest at 10% per annum in this new mode of payment,

A. there is no gain or loss to anyone.
B. A gains $ 7.34
C. A loses $ 7.34
D. A gains $ 11
Answer» C. A loses $ 7.34
Discussion
40.

What is the rate of interest when the P.W. of $ 1245 due in 15 months is $ 1200?

A. 3%
B. 4%
C. 6%
D. 5%
Answer» B. 4%
Discussion
41.

If the discount on a certain sum in 2 years at a certain rate is $ 150 and the interest in 3 years is $ 240. Find the sum and the rate of interest.

A. None of these
Answer» B.
Discussion
42.

A bill which being due at the end of 4 years is now worth $ 575, but if it is due in 2 years 6 months, it would now be worth $ 620. The sum of the bill is :

A. $ 695
B. $ 725
C. $ 713
D. None of these
Answer» D. None of these
Discussion
43.

Find the present worth (P.W.) and the true discount reckoning 6 % per annum simple interest of $ 176 due in 20 months time.

A. $ 160, $ 16
B. $ 130, $ 46
C. $ 150, $ 26
D. None of these
Answer» B. $ 130, $ 46
Discussion
44.

The discount on $ 5229 due in 1 year 9 months reckoning compound interest at 5 % is :

A. $ 429.00
B. $ 415.00
C. $ 393.25
D. None of these
Answer» B. $ 415.00
Discussion
45.

A retailer offers the following discount schemes for buyers on an article .
i. Two successive discounts of 10 % .
ii. A discount of 12 % followed by a discount of 8 %.
iii. Successive discount of 15 % and 5 % .
iv. A discount of 20 % .
The selling price will be minimum under the scheme

A. i
B. ii
C. iii
D. iv
Answer» E.
Discussion
46.

A shopkeeper marks the price of an item keeping 20% profit. If he offers a discount of
12
1
% on the marked price, his gain percent will be
2
A. 4.5%
B. 5%
C. 7.5%
D. 8%
Answer» C. 7.5%
Discussion
47.

Which of the following successive discounts is better to a customer?
(a) 20%, 15%, 10% or
(b) 25%, 12%, 8% ?

A. (a) is better
B. (b) is better
C. (a) or (b) (both are same)
D. None of these
Answer» C. (a) or (b) (both are same)
Discussion
48.

If an electricity bill is paid before due date, one gets a reduction of 4 % on the amount of the bill . By paying the bill before due date, a person got a reduction of 13 . The amount of his electricity bill was

A. 125
B. 225
C. 325
D. 425
Answer» D. 425
Discussion
49.

Successive discounts of 10%, 20% and 30% is equivalent to single discount of?

A. 60%
B. 49.6%
C. 40.5%
D. 36%
Answer» C. 40.5%
Discussion
50.

A shopkeeper has announced 14% rebate on marked price of an article. If the selling price of the article is 645, then the marked price of the article will be?

A. 800
B. 810
C. 750
D. 775
Answer» D. 775
Discussion