A manufacture undertakes to supply 2000 pieces of a particular component at Rs.25 per piece. According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However as it turned out, 50% of the components were rejected. What is the loss to the manufacture? [TCS recruitment exam question] A. Rs 12,000 B. Rs 13,000 C. Rs 14,000 D. Rs 15,000 E. None f these

A manufacture undertakes to supply 2000 pieces of a particular component at Rs.25 per piece. According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However as it turned out, 50% of the components were rejected. What is the loss to the manufacture? [TCS recruitment exam question] A. Rs 12,000 B. Rs 13,000 C. Rs 14,000 D. Rs 15,000 E. None f these
by

1 Answer

Answer :

Answer – B. Rs 13,000

Explanation:

5% of 2000=100 so 2000-100=1900 so,if he sells 1900 he will get

25% profit

cost per piece rs 25……so 25x 1900 don’t solve here

if 125%…………………..25×1900

100 %………………….?

?= 25x1900x100/125=38000=CP

if 50% rejected,only 1000 pieces sold

so 1000×25=25000=SP

loss=cp-sp= 38000-25000=13000
by

Related questions

The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%

Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%

Last Answer : a)56.25%

Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his profit/loss percentage. If 25% of the total cost price (i.e., purchased price + expenses) is to be deducted on account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

Description : Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his ... account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

Last Answer : d)11 1/9% loss 

By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%

Description : By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%

Last Answer : (d) 5%

A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Description : A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Last Answer : a) 0.25% loss

Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%

Description : A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%

Last Answer : b)25%

A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be: a) 1750 b) 1800 c) 1857.75 d) 1925 e) None of these

Description : A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be: a) 1750 b) 1800 c) 1857.75 d) 1925 e) None of these

Last Answer : 120 = 10% of the CP (2.5% loss to 7.5% profit) Or CP = Rs. 1200 To gain 12.5%, SP = 1200 × 1.125 = Rs. 1350 Rs. 1350 = 25% discounted of Marked Price Or marked Price = 1350/0.75 = Rs. 1800 Answer: b)

Rosy buys Oats at Rs.10/kg and sell it in order to earn a profit of 40%. However, her faulty balance shows 1000gm when it is actually 800gm. What is her actual gain percentage? a) 35% b) 70% c) 75% d) 25% e) None of the Above

Description : Rosy buys Oats at Rs.10/kg and sell it in order to earn a profit of 40%. However, her faulty balance shows 1000gm when it is actually 800gm. What is her actual gain percentage? a) 35% b) 70% c) 75% d) 25% e) None of the Above

Last Answer : Let price of 1 kg rice = Rs.10. CP of 800 gm rice = Rs.8. She wants to earn a profit of 40% on per Kg SP = 10 + 40% of 10 = Rs. 14 per kg. Faulty balance shows 800 gm = 1000 gm (1 kg) She sells 800 gm for Rs.14. Profit = 14 – 8 = Rs. 6. Profit(%) = 6/8 * 100 = 75%. Answer: c)

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? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Description : 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? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Last Answer : d)56 1/4%

Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67

Description : Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs ... the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67 

Last Answer : Answer – B (Rs 10.875) Explanation – Total C.P = Rs. (120 x 110) =Rs. 13200. Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x 110 – 15 x 7) =Rs..14505 Average profit = Rs. (14505 – 13200) /120 = Rs. 1305/120= 10.875

A person, by selling an article at half of the list price incurs a loss of 20%. Find the profit percentage if he sells at the list price? A. 25% B. 60% C. 5% D. 30 %

Description : A person, by selling an article at half of the list price incurs a loss of 20%. Find the profit percentage if he sells at the list price? A. 25% B. 60% C. 5% D. 30 %

Last Answer : Answer – B (60 %) Explanation – 0.50 MP = 0.8 CP (since 20% loss) So, MP = 160CP ⇒ 60% gain.

If a dealer is prepared to supply 1000 sets of a 29” Color TV if the price is `12,000 per set, however if the price raises to `15,000 he is prepared to supply 1,500 pieces. The elasticity of supply of TV set is (a) 1 ; (b) 2 ; (c) 0.75 ; (d) 1.4

Description : If a dealer is prepared to supply 1000 sets of a 29” Color TV if the price is `12,000 per set, however if the price raises to `15,000 he is prepared to supply 1,500 pieces. The elasticity of supply of TV set is (a) 1 ; (b) 2 ; (c) 0.75 ; (d) 1.4

Last Answer : (b) 2 ;

A shopkeeper declares that he sells rice at the cost price. However he uses a weight of 425 grams. Instead of 500 grams, what is his percentage of profit? a) a) 16 5/6 b) 15 c) c) 20 7/23 d) 25 e) None of these

Description : A shopkeeper declares that he sells rice at the cost price. However he uses a weight of 425 grams. Instead of 500 grams, what is his percentage of profit? a) a) 16 5/6 b) 15 c) c) 20 7/23 d) 25 e) None of these

Last Answer : % profit = Loss/Actual Weight x 100 = 500 – 425/500 × 100 = 75/500 x 100 = 15% Answer: b)

A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss

Description : A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss

Last Answer : CP of the article  

A man buys milk at Rs. 2.40 per litre. He adds one-third water to it and sells the mixture at Rs. 2.88 per litre. Find his profit percentage. (Assume water is free). a) 21% b) 30% c) 40% d) 50% e) 60%

Description : A man buys milk at Rs. 2.40 per litre. He adds one-third water to it and sells the mixture at Rs. 2.88 per litre. Find his profit percentage. (Assume water is free). a) 21% b) 30% c) 40% d) 50% e) 60%

Last Answer : Let say he purchases 3 litres of milk whose cost is Rs. 7.20 He adds 1 litre of water and the mixture of 4 litres is sold at Rs 2.88 × 4 = Rs11.52 Profit percentage = (11.52 – 7.20) × 100.0/7.20 = 4.32 × 100.0/7.2 = 60% Answer: e)

Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%

Description : Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%

Last Answer : Answer – A (25%) Explanation – CP of 1 apple=10/25=2/5 SP of 1 apple=12/24=1/2 profit= 1/2-2/5=1/10 %= [(1/10) / (2/5) ] x 100 =25 %

A man who makes a profit of 25 percent by selling sugar at Rs. 4.25/kg., lowers his price so as to gain only 5 paise per Kg. In what ratio must his sales be increased so that his total profit may be the same as before? a) 1 : 5 b) 1 : 11 c) 1 : 13 d) 1 : 17 e) 1 : 21

Description : A man who makes a profit of 25 percent by selling sugar at Rs. 4.25/kg., lowers his price so as to gain only 5 paise per Kg. In what ratio must his sales be increased so that his total profit may be the same as before? a) 1 : 5 b) 1 : 11 c) 1 : 13 d) 1 : 17 e) 1 : 21

Last Answer : 125% C.P. of sugar per kg = Rs. 4.25 C.P of the sugar per kg = [4.25×100] / 125 = Rs. 3.40. thus, the profit on 1 kg 85 paise by reducing price to 5 paise, to make same profit he must sell, 85/5 = 17kg so required ratio = 1 : 17. Answer: d)

Vijay marked his camera at 50% above his cost price. He sold it after allowing discount and still made a profit of 20%. What is the discount percentage he offered on it? a)20% b)25% c)30% d)35%

Description : Vijay marked his camera at 50% above his cost price. He sold it after allowing discount and still made a profit of 20%. What is the discount percentage he offered on it? a)20% b)25% c)30% d)35%

Last Answer : a)20%

A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Description : A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Last Answer : c)40

The Selling price of 12 articles equals the cost price of 15 articles. find the profit/loss percentage? a)25% profit b)20% profit c)25% loss d)20% loss

Description : The Selling price of 12 articles equals the cost price of 15 articles. find the profit/loss percentage? a)25% profit b)20% profit c)25% loss d)20% loss

Last Answer : a)25% profit

Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Description : Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Last Answer : 4. 20

A noodles merchant buys two varieties of noodles the price of the first being twice that of the second. He sells the mixture at Rs 17.50 per kilogram thereby making a profit of 25% . If the ratio of the amounts of the first noodles and the second noodles in the mixture is 2:3, then the respective costs of each noodles are A) Rs 20, Rs 10 B) Rs 24, Rs 12 C) Rs 16, Rs 8 D) Rs 26, Rs 13 E) NONE

Description : A noodles merchant buys two varieties of noodles the price of the first being twice that of the second. He sells the mixture at Rs 17.50 per kilogram thereby making a profit of 25% . If the ratio of the amounts of the first noodles ... , Rs 10 B) Rs 24, Rs 12 C) Rs 16, Rs 8 D) Rs 26, Rs 13 E) NONE

Last Answer : Answer: A

Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Description : Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Last Answer : a)100%

A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400? A. 12.5% B. 10% C. 12% D. 15%

Description : A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400? A. 12.5% B. 10% C. 12% D. 15%

Last Answer : Answer – A. 12.5% Explanation – S.P after 1st discount, 100%………2000 80%………? ?=2000×80/100=1600 Net S.P = Rs. 1400. Discount on Rs. 1600 = Rs. 200. ∴Required discount = (200/1600 x 100)% =12.5%

A dealer sold a Radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. To gain 12.5% he should sell it for : A. Rs 2200 B. Rs 1000 C. Rs 1100 D. Rs 1125

Description : A dealer sold a Radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. To gain 12.5% he should sell it for : A. Rs 2200 B. Rs 1000 C. Rs 1100 D. Rs 1125

Last Answer : Answer – D. Rs.1125 Explanation – Let C.P be Rs.x then,(107.5 % of x) – (97.5 % of x) = 100 => 10% of x = 100 => x =1000 ∴ desired S.P = 112.5 % of Rs. 100 = Rs.(225/2 x 1/100 x 1000) =Rs. 1125

Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Description : Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Last Answer : b)1:1

A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these

Description : A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these

Last Answer : Labelled price = [(14280×100)/85] = Rs. 16800 Or, 23X/120 = 69/5 Or, X= [(69×120)/(23×5)] = 72km. Answer is: c)

Cost of fencing a circular plot at the rate of Rs.15 per metre is Rs.3, 300. What will be the cost of flooring the plot at the rate of Rs.100 per square metre? a) Rs.3, 85,000 b) Rs.4, 70,000 c) Rs.2, 25,000 d) Rs.3, 50,000 e) Rs.2, 95,000

Description : Cost of fencing a circular plot at the rate of Rs.15 per metre is Rs.3, 300. What will be the cost of flooring the plot at the rate of Rs.100 per square metre? a) Rs.3, 85,000 b) Rs.4, 70,000 c) Rs.2, 25,000 d) Rs.3, 50,000 e) Rs.2, 95,000

Last Answer : Perimeter of plot = 3300/15 = 220 meter 2πr = 220 2 × 22/7 × r = 220 r = 35 m. Area of plot = πr^2 = 22/7 × 35 × 35 = 3850 mt^2 Cost of flooring = 3850 × 100=Rs. 385000 Answer: a)

A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Description : A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Last Answer : Answer – A (0.09% loss) Explanation – Loss% = X^2/100=(3)^2/100 % =0.09%

A trader buys two articles at the same price. He sold one article at 20% profit and sold the other at 10% loss . Find his overall profit/loss percentage a)10% loss b)10% profit c)5% loss d)5% profit.

Description : A trader buys two articles at the same price. He sold one article at 20% profit and sold the other at 10% loss . Find his overall profit/loss percentage a)10% loss b)10% profit c)5% loss d)5% profit.

Last Answer : d)5% profit.

Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Description : Sundry Debtors – Rs.15,000 Bills Receivable (B/R) – Rs.12,500 Cash at Bank – Rs.17,500 Stock – Rs.15,000 Profit – Rs.20,000 Creditors – Rs.25,000 Bills Payable (B/P) – Rs.15,000 Sales – Rs.1,00,000 What is the Acid Test Ratio ? (A) 1•5 : 1 (B) 1•125 : 1 (C) 16 2/3% (D) 50%

Last Answer : Answer: 1•125 : 1

Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%

Description : Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19% 

Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%

The operating profit and net sale of a firm are rs.2,00,000 and rs.10,00,000 respectively then operating ratio will be a) 20% b) 5% c) 50% d) 20%

Description : The operating profit and net sale of a firm are rs.2,00,000 and rs.10,00,000 respectively then operating ratio will be a) 20% b) 5% c) 50% d) 20%

Last Answer : a) 20%

A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Description : A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Last Answer : Suppose B invested Rs. x for y months. Then, A invested Rs.3x for 2y months. So, A : B = (3x × 2y) : (x × y) = 6xy : xy = 6 : 1 So, B’s profit : total profit = 1 : 7 Let the total profit be Rs. x. Then, 1 / 7 = 40000 / x Or x = 28000. Answer: d)

A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be: A. Rs 30, Rs 20 B. Rs 90, Rs 40 C. Rs 80, Rs 40 D. Rs 50, Rs 40

Description : A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be: A. Rs 30, Rs 20 B. Rs 90, Rs 40 C. Rs 80, Rs 40 D. Rs 50, Rs 40

Last Answer : Answer – C. Rs 80, Rs 40 Explanation – Let the costs of the two articles be x and y. Then, 25% of x = 50% of y => x/y = 50/25 = 2/1 So,x and y must be in the ratio of 2:1

The population of city S increased from 650,000 in 2000 to 700,000 in 2010, and it is projected that the population will increase by the same number from 2010 to 2020. Approximately what is the projected percent increase in population from 2010 to 2020 ? a) 7.1% b) 7.7% c) 8.3% d) 14.3% e) 15.3%

Description : The population of city S increased from 650,000 in 2000 to 700,000 in 2010, and it is projected that the population will increase by the same number from 2010 to 2020. Approximately what is the projected percent increase in population from 2010 to 2020 ? a) 7.1% b) 7.7% c) 8.3% d) 14.3% e) 15.3%

Last Answer : Required percentage = (750000 - 700000)/700000 * 100 = 7.14% Answer: a)

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17

Description : A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17

Last Answer : (a) 15:16

A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Description : A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Last Answer : Marked price = Rs.60  Selling price = Rs [(80/100 * 60) – 3]  = Rs.45 Let cost price brRs ‘x’.  Then 125% of x = 45  (125/100 * x) = 45  Cost price of one bat = Rs.36

The ages of Gaurav and Goutham will be in the ratio 5 : 7 after ten years from now and will be in the ratio 13 : 18 after twelve years from now. Find the ratio of the sum of their ages 10 years hence to the sum of their ages 12 years hence. 1 : 25 : 27 2 : 13 : 15 3 : 14 : 17 4 : 18 : 23 5 : 30 : 31

Description : The ages of Gaurav and Goutham will be in the ratio 5 : 7 after ten years from now and will be in the ratio 13 : 18 after twelve years from now. Find the ratio of the sum of their ages 10 years hence to the sum of their ages 12 ... hence. 1 : 25 : 27 2 : 13 : 15 3 : 14 : 17 4 : 18 : 23 5 : 30 : 31

Last Answer : 5 : 30 : 31

A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Description : A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Last Answer : a) 8:6:5

A man drives from his house to the station. If he drives at the rate of 10 kms per hour, he reaches the station at 6 pm. if he drives at 15 kms per hour, he would reach the station at 4 pm. At what speed, in kms per hour, should he drives so as to reach the station at 5 pm? a) 12 b) 12.33 c) 5√5 d) 12.5 e) 13

Description : A man drives from his house to the station. If he drives at the rate of 10 kms per hour, he reaches the station at 6 pm. if he drives at 15 kms per hour, he would reach the station at 4 pm. At what speed, in kms ... he drives so as to reach the station at 5 pm? a) 12 b) 12.33 c) 5√5 d) 12.5 e) 13

Last Answer : Let x' be the distance between house and station. Time taken to travel a distance of x at the speed of 10km/hr, T1 = x/10 hours Time taken to travel a distance of x at the speed of 15km/hr, T2 = x/15 hours we ... the station at 5 pm, speed = 60/5 = 12 km/hr [12 pm - 5pm, time = 5 hours] Answer: a)

Rajesh loses 20% by selling a radio for Rs. 768. What per cent will he gain by selling it for Rs. 1080? (a) 6.25% (b) 8.25% (c) 10.25% (d) 4.25% (e) None of these

Description : Rajesh loses 20% by selling a radio for Rs. 768. What per cent will he gain by selling it for Rs. 1080? (a) 6.25% (b) 8.25% (c) 10.25% (d) 4.25% (e) None of these

Last Answer : (e) None of these

Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%

Description : Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%

Last Answer : 4) 15%

A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Description : A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Last Answer : Answer – A (50/3 %) Explanation – Total S.P = 16000 Rs. and Total C.P = 16000 Rs. S.P. of Ist = Rs. 8000. Gain on it = 25% C.P of Ist = Rs. (100/125 x 8000) = Rs.6400 C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600. S.P of 2nd = 8000. ∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%

The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave him a discount of 33%.Next day he came again and showed vadi some more defects, hence he gave him another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi?

Description : The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave ... another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi?

Last Answer : Let the cost price be Rs. 100  Then, market price is Rs. 150  Now, the first discount is of 33% Rs.150 =Rs. 50  Hence, its selling price = 150 - 50 = Rs. 100  since vadi's ... further discount will be equal to loss %  The next discount of 14.5% will be the loss percentage to vadi

Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Description : Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Last Answer : Answer – B (Rs 7.60) Explanation – Total profit required = Rs.(42 x 18) = Rs.756 Profit on 22 sarees = Rs. (460 + 144) = Rs. 604 Profit on 20 sarees = Rs. (756 – 604) = Rs. 152 Average profit on these sarees = Rs.(152/20) = Rs. 7.60

Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Description : Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%

Last Answer : Answer – B .8% Explanation: CP =Rs.(30 x 8 + 10) = Rs.250 SP = Rs. (30 x 5 + 30 x 4) = Rs.270 Gain% = (20/250 x 100)% = 8%

Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000

Description : Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000 

Last Answer : Answer – A. Rs 5,000 Explanation – Let the labelled price be Rs.x Then, (80% of x)- (70% of x) = 500 10% of x =500 10%………..500 100%…………? ?= (500 x 100/10) = 5000=x

A man purchased wheat worth Rs. 400. He sold 3/4 at a loss of 10% and the reminder at a gain of 10%. On the whole he gets: A. loss of 5% B. gain of 5 C. loss of 19% D. loss of 6%

Description : A man purchased wheat worth Rs. 400. He sold 3/4 at a loss of 10% and the reminder at a gain of 10%. On the whole he gets: A. loss of 5% B. gain of 5 C. loss of 19% D. loss of 6%

Last Answer : Answer – A (loss of 5%) Explanation – C.P of 3/4th = Rs. (3/4 x 400) = Rs. 300, C.P of 1/4th = Rs. 100 ∴ Total S.P = (90% of Rs. 300 + 110% of Rs. 100) = Rs. 380 Loss = (20/400 x 100)% = 5%