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Types of Questions to Expect
Each row in the table above represents a type of question to expect. At least one data is missing and is left for the aspirant to find.
A shopkeeper invests Rs.600 on a product and sells it at Rs.690. What is the profit %?
20%
That’s wrong!
15%
That’s true!
25%
That’s wrong!
12%
That’s wrong!
A shopkeeper invests Rs.600 on a product and want to get 30% profit. At what price should he sell it?
Rs 700
That’s wrong!
Rs 720
That’s wrong!
Rs 750
That’s wrong!
Rs 780
That’s true!
By selling a product, the shopkeeper incurs a loss of 25%. What is the price in Rs. at which he sells the watch if the money he invested for the product is Rs. 300?
200
That’s wrong!
375
That’s wrong!
225
That’s true!
235
That’s wrong!
By selling a product at Rs.480, the shopkeeper incurs a loss of 20%. What is the price in Rs. at which he buys the product?
400
That’s wrong!
560
That’s wrong!
576
That’s wrong!
600
That’s true!
PYQs for Practice
(CSIR-NET JUNE 2023) Price of an item is increased by 20% of its cost price and is then sold at 10% discount for Rs. 2160. What is its cost price?
1680
That’s wrong!
1700
That’s wrong!
1980
That’s wrong!
2000
That’s true!
(CSIR NET FEB 2022, DEC 2015) A shopkeeper purchases a product for Rs.100 and sells it making a profit of 10%. The customer resells it to the same shopkeeper incurring a loss of 10%. In these dealings the shopkeeper makes
No profit no loss
That’s wrong!
Rs 11
That’s true!
Re 1
That’s wrong!
Rs 20
That’s wrong!
(CSIR-NET NOV 2020) Maximum retail price (MRP) of each of 3 different brands of biscuits A,B and C is Rs. 20 per 100g packet. During a festive offer, A is available at 25% off on MRP, B is available with 25% extra biscuits for the same MRP, and one packet of C is free on purchase of three packets of C. If a person wants to buy biscuits for Rs. 60, which brand should the person choose to get the maximum amount of biscuits by weight?
B Only
That’s wrong!
Either A or B, Not C
That’s wrong!
Either B or C, Not A
That’s wrong!
Either A or C, Not B
That’s true!
(CSIR NET JUNE 2015) I bought a shirt at 10% discount and sold it to a friend at a loss of 10%. If the friend paid me Rs. 729.00 for the shirt, what was the undiscounted price of the shirt?
Rs 900
That’s true!
Rs 800
That’s wrong! Hint: 9 times of 100 is X as 9 times of 81 is 729
Rs 1000
That’s wrong! Hint: 9 times of 100 is X as 9 times of 81 is 729
Rs 911.25
That’s wrong! Hint: 9 times of 100 is X as 9 times of 81 is 729
(CSIR-NET DEC 2013 ) A student buys a book from an online shop at 20% discount. His friend buys another copy of the same book in a book fair for Rs.192 paying 20% less than his friend. What is the full price of the book?
Rs 275
That’s wrong!
Rs 900
That’s true!
Rs 320
That’s wrong!
Rs 392
That’s wrong!
(GATE 2018) A fruit seller sold a basket of fruits at 12.5% loss. Had he sold it for Rs. 108 more, he would have made a 10% gain. What is the loss in Rupees incurred by the fruit seller?
48
This question is left to you! 🙂 Leave your thoughts in the comment below!
52
This question is left to you! 🙂 Leave your thoughts in the comment below!
60
This question is left to you! 🙂 Leave your thoughts in the comment below!
108
This question is left to you! 🙂 Leave your thoughts in the comment below!
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