Page 15 - GMAT 2017b_Neatb

Quantitative Reasoning Test 1

(B) N7,200 46. A manufacturer sells an article to a wholesale dealer at
( C) N6,640 a profit of 20% and the wholesale dealer sells it to a
(D) None of these retail merchant at a loss of 5%. Find the resultant profit
or loss.
39. Uche sold a watch at a gain of 5%. Had he sold it for (A) 14% loss
N72 more, he would have gained 13%. Find the cost (B) 14% gain
price of the watch. ( C) 12% gain
(A) N900 (D) None of these
(B) N910
( C) N870 47. A man sold two watches for N3,750 each; on one he
(D) None of these gained 5% and on the other he lost 5%. What was his
total gain or loss as a percentage?
40. Rita sells a calculator to Gabriel at a gain of 17% and (A)1 1 %
Gabriel sells it to Stanley at a loss of 25%. If Stanley 4
pays N1,842.75 for it, what did Rita pay for it? (B) 1 %
(A) N2,080 2
(B) N2,100 1
( C) %
( C) N2,110 4
(D) None of these (D) None of these
41. A buys an article and sells it to B at a profit of 10%, B 48. A man sells two houses at the rate of N1,995 each. On
sells it to C gaining 20%. If C gives N924, what did A one he gains 20% and on the other he loses 20%. His
give? gain or loss percent in the whole transaction is
(A) N700 (A) 5%
(B) N724 (B) 4%
( C) N780 ( C) 4%
(D) None of these (D) None of these
42. A sells an article to B at a gain of 20% and B sells it to C 49. A shopkeeper sold two bicycles for N1,500 each. On
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at a gain of 10% and C sells it to D at a gain of 12 %. If one he gains 25% and on the other he loses 20%. His
2 gain or loss percent in the whole transaction is
D pays N29.70, what did it cost A? 18
(A) 2 % loss
(A) N20 41
(B) N24 (B) 2 18 % gain
( C) N18 41
(D) None of these ( C) 2% gain
(D) None of these
43. Roland sells tape recorder to Michael at a loss of 10%
and Michael sells it to Daniel at a loss of 20%. If Daniel 50. A man sells two articles, each for the same price of
pays N1,440 for it, at what price did Roland buy? N640. he earns 20% profit on the first and 40% profit
(A) N1,920 on the second. Find the overall percent profit.
(B) N2,000 1
2
( C) N1,800 (A) 29 %
(D) None of these 1
(B) 28 %
2
3
44. A man sells a Television to his friend at 10% loss. If the ( C) 29 %
friend sells it for N54,000 and gains 20%, find the 13
original cost price of the Television. (D) None of these
(A) N50,000
(B) N45,000 51. A person sells two articles, each for the same price
( C) N40,000 N1,040. He incurs 20% loss on the first and 10% loss
(D) None of these on the second. Find is overall percent loss.
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(A) 12 % ( C) 13 %
45. A sells a good to B at a profit of 10% and B sells it to C at 17 4
a profit of 20%. Find the resultant profit. (B) 15 5 % (D) None of these
(A) N35% 17
(B) 20%
( C) 32%
(D) None of these
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