# Practice Questions & Answers :: HireMee

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## Total Practice Qs: 239+

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31 / 239

**Choose the correct option.**

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

A15

B16

C18

D25

**Answer:**** Option B **

**Explanation:**

Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x.

S.P. of x articles = Rs. 20.

Profit = Rs. (20 - x).

So {(20 - x) / x} x 100 = 25

x = 16.

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32 / 239

**Choose the correct option.**

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ?

A1801

B600

C1200

D1800

**Answer:**** Option D **

**Explanation:**

Least Cost Price = Rs. (200 * 8) = Rs. 1600.

Greatest Selling Price = Rs. (425 * 8) = Rs. 3400.

Required profit = Rs. (3400 - 1600) = Rs. 1800.

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33 / 239

**Choose the correct option.**

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

A30%

B70%

C100%

D250%

**Answer:**** Option B **

**Explanation:**

Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125

New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295.

Required percentage = (295/450)x 100% =70% (approximately).

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34 / 239

**Choose the correct option.**

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

A1090

B1160

C1190

D1202

**Answer:**** Option C **

**Explanation:**

S.P. = 85% of Rs. 1400

= Rs. (85/100) * 1400

= Rs. 1190

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35 / 239

**Choose the correct option.**

Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

A30%

B331/3%

C35%

D44%

**Answer:**** Option D **

**Explanation:**

Suppose, number of articles bought = L.C.M. of 6 and 5 = 30.

C.P. of 30 articles = Rs. (5/6)x 30= Rs. 25.

S.P. of 30 articles = Rs. (6/5)x 30= Rs. 36.

Gain % =(11/25)x 100% = 44%.

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36 / 239

**Choose the correct option.**

A farmer bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A7

B6

C5

D2

**Answer:**** Option C **

**Explanation:**

here Gain%=20

now formula is gain%=(gain*100)/cp

i.e 20=(gain*100)/1

i.e 20/100=gain

gain=0.2

so 6 tofees will be sold at 1.2 rs to gain 20%

0.20 for each toffee

i.e 5 toffess will be sold at 1 rs

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37 / 239

**Choose the correct option.**

100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is :

A142/7% gain

B15% gain

C142/7% loss

D15% loss

**Answer:**** Option A **

**Explanation:**

C.P. of 1 orange = Rs. 350/100 = Rs. 3.50

S.P. of 1 orange = Rs. 48/12 = Rs. 4

Gain% = (0.50/3.50)x 100% = 100/7%

= 14 2/7 %

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38 / 239

**Choose the correct option.**

A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320?

A50%

B66.67%

C62.50%

D56.25%

**Answer:**** Option D **

**Explanation:**

Here is no explanation for this answer

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39 / 239

**Choose the correct option.**

A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:

ARs. 110

BRs. 120

CRs. 125

DRs. 150

**Answer:**** Option D **

**Explanation:**

125% of 120% of A = 225.

=> 125/100 * 120/100 * A = 225

=> A = 225 * 2/3 = 150.

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40 / 239

**Choose the correct option.**

The price of a book in four different shops and the successive discounts offered for the books is given below. Select the option in which the price of the book is the least.

A10%, 5%, and 5% discount on Rs.195

B12.5% and 12.5% discounts on Rs.205

C25%, discount on Rs.200

D10%, and 15% discounts on a marked price of Rs.190

**Answer:**** Option D **

**Explanation:**

P1=P[1-(d1/100)][1-(d2/100)][1-(d3/100)]...........[1-(dn/100)]

where d1,d2,d3...dn are discount rates

option D satisfy.

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Here is the list of questions asked in Practice Profit and Loss Questions to crack HireMee Assessment Test. Practice HireMee Written Test Papers with Solutions and take Q4Interview HireMee Online Test Questions to crack HireMee written round test. Overall the level of the HireMee Online Assessment Test is moderate. Only those candidates who clear the written exam will qualify for the next round, so practic all the questions here and take all the free tests before going for final selection process of HireMee

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