Is it more profitable for Company M to produce Q? I. Product R sells at a price four times that of Q II. One unit of Q requires 2 units of labour, while one unit of R requires 5 units of labour. There is a no other constraint on production. If the question can be answered with the help of statement I alone, If the question can be answered with the help of statement II alone, If both,statement I and statement II are needed to answer the question If the question cannot be answered even with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Is it more profitable for Company M to produce Q?
I. Product R sells at a price four times that of Q
II. One unit of Q requires 2 units of labour, while one unit of R requires 5 units of
labour. There is a no other constraint on production.
If the question can be answered with the help of statement I alone,
If the question can be answered with the help of statement II alone,
If both,statement I and statement II are needed to answer the question
If the question cannot be answered even with the help of both the statements.
If the data in either statement I or statement II alone is sufficient to answer the
question
by

1 Answer

Answer :

from statement I :
Let the price of product Q be ‘P’
Then the price of product R is 4P
From Statement II:
Cost of product Q =2
Cost of product R=5
Therefore,
Profit percentage of product Q = (P-2 ) × 100/2 =50(P-2)=50P – 100
Profit percentage of product R = (4P -5) × 100/5=20(4P-5)=80P-100
Hence, product R is more profitable.
Both statements are required to answer the question
Answer :c
by

Related questions

Is it more profitable for Company M to produce Q? I. Product R sells at a price four times that of Q II. One unit of Q requires 2 units of labour, while one unit of R requires 5 units of labour. There is a no other constraint on production. If the question can be answered with the help of statement I alone, If the question can be answered with the help of statement II alone, If both,statement I and statement II are needed to answer the question If the question cannot be answered even with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Description : Is it more profitable for Company M to produce Q? I. Product R sells at a price four times that of Q II. One unit of Q requires 2 units of labour, while one unit of R requires 5 ... both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Last Answer : from statement I : Let the price of product Q be P' Then the price of product R is 4P From Statement II: Cost of product Q =2 Cost of product R=5 Therefore, Profit percentage of product ... )=80P-100 Hence, product R is more profitable. Both statements are required to answer the question Answer :c

X says to Y,”I am 3 times as old as you were 3 years ago”.How old is X? I. Y ‘s age 17 years from now is same as X’s present age. II. X’s age nine years from now is 3 times Y’s present age. If the question can be answered with the help of statement I alone, If the question can be answered with the help of statement II alone, If both,statement I and statement II are needed to answer the question If the question cannot be answered even with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Description : X says to Y, I am 3 times as old as you were 3 years ago .How old is X? I. Y s age 17 years from now is same as X's present age. II. X's age nine years from now is ... with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Last Answer : Let the current ages of X and Y be a and b respectively From the question: A=3(a-b) From statement I: A=b + 17 B = a-17 Therefore, a = 3(a-17-3) a=3a-60 2a=60 A=30 Hence, X ... a+9)/3 Substituting this in first equation, A=a+9-9 Hence, no result Therefore, statement I alone is sufficient Answer :a

A man distributed 43 chocolates to his children. How many of his children are more than five years old? I. A child older than five years gets 5 chocolates II. A child 5 years or younger in age gets 6 chocolates. If the question can be answered with the help of statement I alone, If the question can be answered with the help of statement II alone, If both,statement I and statement II are needed to answer the question If the question cannot be answered even with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Description : A man distributed 43 chocolates to his children. How many of his children are more than five years old? I. A child older than five years gets 5 chocolates II. A child 5 years or younger ... the statements. If the data in either statement I or statement II alone is sufficient to answer the question

Last Answer : From both statement I and II: Let the number of chocolates received by child older than 5 years be x and that of for child than 5 years or younger be y Therefore, 5x + 6 y = 43 Since x and y has to ... for the above equation will be x=5 and y=3 Hence, 5 children are older than 5 years Answer : c

What is the radius of the circle/ I.Ratio of its area to circumference is >7. II.Diameter of the circle is ≤ 32. If the question can be answered with the help of statement I alone, If the question can be answered with the help of statement II alone, If both,statement I and statement II are needed to answer the question If the question cannot be answered even with the help of both the statements. If the data in either statement I or statement II alone is sufficient to answer the question.

Description : What is the radius of the circle/ I.Ratio of its area to circumference is >7. II.Diameter of the circle is ≤ 32. If the question can be answered with the help of statement I alone, If ... the statements. If the data in either statement I or statement II alone is sufficient to answer the question.

Last Answer : Let the radius of the circle be r units From statement 1: [πr^2]/ [ 2 πr ] > 7 or r > 14 From statement II: 2r≤32 R ≤ 16 Hence, r can be 15 or 16 units Hence, Answer : d

Question: How much was the total sale of the company ? Statements: I. I.The company sold 8000 units of product A each costing Rs. 25. II. II.This company has no other product line. (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Description : Question: How much was the total sale of the company ? Statements: I. I.The company sold 8000 units of product A each costing Rs. 25. II. II.This company has no other product line. (a) statement (I ... (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (d) Both statements (I) and (II) together are necessary

What is the remainder when positive integer ‘p’ is divided by 3? (A) ‘p’ is an even number (B) ‘p’ is a perfect square a) If statement (A) alone is sufficient to answer the question but statement (B) alone is not sufficient.

Description : What is the remainder when positive integer p' is divided by 3? (A) p' is an even number (B) p' is a perfect square a) If statement (A) alone is sufficient to answer the ... sufficient to answer the question e) If the two statements taken together are still not sufficient to answer the question.

Last Answer : Using (A), we can have p' as 2/4/6/8 etc. we cant determine remainder when divided by 3. Using (B), we can have p' as 1/4/9/16 etc. we cant determine remainder when divided by 3. Using ... be 1/0 (4/16 leave remainder 1, 36 remainder 0). So, we cant determine using both statements. Answer: e)

Is X divisible by 12? a. X leaves a remainder 2 when divided by 8 b. X is divisible by 3. c. X is divisible by 6. a) If the data in statement a is sufficient to answer the question, while the data in statement b and c are not required to answer the question. b) If the data in statement b is sufficient to answer the question, while the data in statement a and c are not required to answer the question c) If the data in statement a and b are sufficient to answer the question, while the data in statement c is not required to answer the question. d) If the data in statement a, b and c together are necessary to answer the question. e) If the data in statement a, b and c together are not sufficient to answer the question.

Description : Is X divisible by 12? a. X leaves a remainder 2 when divided by 8 b. X is divisible by 3. c. X is divisible by 6. a) If the data in statement a is sufficient to answer the question, while ... the question. e) If the data in statement a, b and c together are not sufficient to answer the question.

Last Answer : From (a), we notice that the number is of the form 8n+2, which means it also leaves a remainder 2 on being divided by 4. So, its not divisible by 12. From (b) and (c) together, the number can be any multiple of 6, from which we cant conclusively say if number is divisible by 12. Answer: a)

A task was assigned to P, Q and R to be completed by not more than seven days. P alone can complete the task in ten days. Q alone can complete the task in twelve days and R alone can complete the task in fifteen days. All three of them worked for two days and P and Q together worked for another two days. What portion of the task will remain after four days? a) 3/10 b) 1/15 c) 1/9 d) 5/16 e) None of these

Description : A task was assigned to P, Q and R to be completed by not more than seven days. P alone can complete the task in ten days. Q alone can complete the task in twelve days and R alone can complete the task in fifteen days. ... will remain after four days? a) 3/10 b) 1/15 c) 1/9 d) 5/16 e) None of these

Last Answer : 1day's work of (P + Q+ R) = 1/10 + 1/12 +1/15 = 15/60 2 day's work of (P + Q+ R) = 15/60 × 2 = 1/2 1 day's work of (P+Q) = 1/10 +1/12 = 11/60 2 day's work of (P+Q) = 11/60 × 2 = 11/30 Rem. work of 4 days = 1- 1/2 + 11/30 = 2/15 Answer: e)

On an IQ test consisting of 250 questions, Jasvinder answered 40% of the first 125 questions correctly. What per cent of the other 125 questions does he need to answer correctly for his grade on the entire exam to be 60%? (a) 75% (b) 80% (c) 60% (d) Cannot be determined (e) None of these

Description : On an IQ test consisting of 250 questions, Jasvinder answered 40% of the first 125 questions correctly. What per cent of the other 125 questions does he need to answer correctly for his grade on the entire exam to be 60%? (a) 75% (b) 80% (c) 60% (d) Cannot be determined (e) None of these

Last Answer : (b) 80%

CG Co manufactures a single product T. Budgeted production output of product T during June is 200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per cent idle time. Labour is paid at a rate of Rs7 per hour. The direct labour cost budget for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Description : CG Co manufactures a single product T. Budgeted production output of product T during June is  200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per  cent idle time. Labour is paid at ... for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Last Answer : (d) 10,500

Is N divisible by 9? (N is a two digit number) I. R(N/3) = 2 II. R(n/7)=1 (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

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On a T.V. channel, four serials A, B, C and D were screened, one on eacn day, on four consecutive days but not necessarily in that order. On which day was the serial C screened ? Statements: I. I. The first serial was screened on 23rd, Tuesday and was followed by serial D. II. Serial A was not screened on 25th and one serial was screened between serials A and B. (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Description : On a T.V. channel, four serials A, B, C and D were screened, one on eacn day, on four consecutive days but not necessarily in that order. On which day was the serial C screened ? Statements: I ... (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (c) Both statements (I) and (II) together are not sufficient

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Description : Question: The last Sunday of March, 2006 fell on which date ? Statements: I. I.The first Sunday of that month fell on 5th. II. II.The last day of that month was Friday. (a) statement (I) ... statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (d) Both statements (I) and (II) together are necessary

Question: What is Nitin's rank from the top in a class of forty students ? Statements: I. I. There are ten students between Nitin and Deepak. II. Deepak is twentieth from the top. (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Description : Question: What is Nitin's rank from the top in a class of forty students ? Statements: I. I. There are ten students between Nitin and Deepak. II. Deepak is twentieth from the top. (a) statement (I) ... (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (c) Both statements (I) and (II) together are not sufficient

A trader sells 145 m of cloth for Rs 12325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 m of cloth? 1. Rs 65 2. Rs 75 3. Rs 95 4. Rs 85

Description : A trader sells 145 m of cloth for Rs 12325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 m of cloth? 1. Rs 65 2. Rs 75 3. Rs 95 4. Rs 85

Last Answer : 2. Rs 75

3. S produces and sells one product, P, for which the data are as follows: Selling price Rs 28 Variable cost Rs 16 Fixed cost Rs 4 The fixed costs are based on a budgeted production and sales level of 25,000 units for the next period(a) 10.1% decrease (b) 11.2% decrease (c) 13.3% decrease (d) 16.0% decrea

Description : 3. S produces and sells one product, P, for which the data are as follows: Selling price Rs 28 Variable cost Rs 16 Fixed cost Rs 4 The fixed costs are based on a budgeted production and sales level of 25 ... period(a) 10.1% decrease (b) 11.2% decrease (c) 13.3% decrease (d) 16.0% decrease

Last Answer : (a) 10.1% decrease

Arjun reached his school by on time according to his watch. Was he late to his school? I. He thought his watch is 15 minutes faster II. Actually his watch is 7 minutes slower (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Description : Arjun reached his school by on time according to his watch. Was he late to his school? I. He thought his watch is 15 minutes faster II. Actually his watch is 7 minutes slower (a) statement (I) alone ... (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (c) Both statements (I) and (II) together are not sufficient

P walks around a circular field at the rate of two rounds per hour while Q runs around it at the rate of eight rounds per hour. They start in the opposite direction from the same point at 6.45 a.m. They shall first cross each other at? a) 6.45 a.m b) 6.50 a.m c) 7.51 a.m d) 6.51 a.m e) 7.45 am

Description : P walks around a circular field at the rate of two rounds per hour while Q runs around it at the rate of eight rounds per hour. They start in the opposite direction from the same point at 6.45 a.m. They shall first cross each other at? a) 6.45 a.m b) 6.50 a.m c) 7.51 a.m d) 6.51 a.m e) 7.45 am

Last Answer : d Since P and Q move in the opposite direction along the circular field, so they will first meet each other when there is a difference of one round between the two. Relative speed of P and Q = 8+2 = 10 rounds per hour. Time ... 1/10 hr = 6 min. 6 Hrs 45 min + 6 min = 6 hrs 51 min i.e, 6.51 a.m

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 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.

A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent? A. 10% B. 22% C. 25% D. 26%

Description : A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent? A. 10% B. 22% C. 25% D. 26%

Last Answer : Answer – A (10%) Explanation – Let the marked price of each pen be Re. 1. Then, C.P. of 40 pens = Rs. 36. S.P. of 40 pens = 99% of Rs. 40 = Rs. 39.60. ∴ Profit% = [3.60/36 x 100]% = 10%.

A company makes a single product and incurs fixed costs of Rs. 30,000 per annum. Variable cost per unit is Rs. 5 and each unit sells for Rs. 15. Annual sales demand is 7,000 units. The breakeven point is: (a) 2,000 units (b) 3,000 units (c) 4,000 units (d) 6,000 units

Description : A company makes a single product and incurs fixed costs of Rs. 30,000 per annum. Variable cost per unit is Rs. 5 and each unit sells for Rs. 15. Annual sales demand is 7,000 units. The breakeven point is: (a) 2,000 units (b) 3,000 units (c) 4,000 units (d) 6,000 units

Last Answer : (b) 3,000 units

There is road besides a river. Two friends started from a place P, moved to a shopping mall situated at another place Q and then returned to P again. One of them moves on a cycle at a speed of 12 km/hr, while the other sails on a boat at a speed of 10 km/hr. If the river flows at the speed of 4 km/hr, which of the two friends will return to place P? A. Both B. Boater C. Cyclist D. None of these

Description : There is road besides a river. Two friends started from a place P, moved to a shopping mall situated at another place Q and then returned to P again. One of them moves on a cycle at a speed of 12 km/ ... which of the two friends will return to place P? A. Both B. Boater C. Cyclist D. None of these 

Last Answer : Answer-C Explanation: The cyclist moves both ways at a speed of 12khr so average speed fo the cyclist - 12 km/hr boat sailor moves downstream at 10+4 = 14km/hr and upstream 10- 4 = 6km/hr ... 8.4km/hr The average speed of cyclist is greater .so,cyclist comes first and return to place P.

There are two sets of five numbers each – set P and set Q. P is a set of consecutive even numbers and Q is a set of consecutive numbers. The sum of the numbers of P is 230. The second least number in Q is 33 less than twice the least number in P. Find the sum of the numbers in Q. 1 : 260 2 : 250 3 : 240 4 : 270 5 : None of these

Description : There are two sets of five numbers each - set P and set Q. P is a set of consecutive even numbers and Q is a set of consecutive numbers. The sum of the numbers of P is 230. The second least number in Q is 33 less ... the sum of the numbers in Q. 1 : 260 2 : 250 3 : 240 4 : 270 5 : None of these

Last Answer : 1 : 260

Three pipes P, Q and R can fill a tank from empty to full in 40 minutes, 15 minutes, and 30 minutes respectively. When the tank is empty, all the three pipes are opened. P, Q and R discharge chemical solutions X, Y and Z respectively. What is the proportion of the solution Y in the liquid in the tank after 5 minutes? a) 8 / 15 b) 7 / 15 c) 8 / 17 d) 6 / 13 e) 8 / 13

Description : Three pipes P, Q and R can fill a tank from empty to full in 40 minutes, 15 minutes, and 30 minutes respectively. When the tank is empty, all the three pipes are opened. P, Q and R discharge chemical solutions X, Y and Z respectively. ... 5 minutes? a) 8 / 15 b) 7 / 15 c) 8 / 17 d) 6 / 13 e) 8 / 13

Last Answer : a Part of the tank filled by pipe P in 1 minute = 1 / 40 Part of the tank filled by pipe Q in 1 minute = 1 / 15 Part of the tank filled by pipe R in 1 minute = 1/ 30 Here we have to find the proportion of ... together in 5 minute = 5 1/8 = 5/ 8 Required proportion = (1/3) / ( 5/8) = 8 / 15

P and Q started a partnership business investing some amount in the ratio of 3:5. R joined them after six months with an amount equal to that of Q. In what proportion should the profit at the end of one year be distributed among P, Qand R? A.5 : 8 : 10 B.6 : 10 : 5 C.6 : 4 : 10 D.10 : 6 : 3

Description : P and Q started a partnership business investing some amount in the ratio of 3:5. R joined them after six months with an amount equal to that of Q. In what proportion should the profit at the end of one year be distributed among P, Qand R? A.5 : 8 : 10 B.6 : 10 : 5 C.6 : 4 : 10 D.10 : 6 : 3

Last Answer : Answer – B (6 : 10 : 5) Explanation – Let the initial investments of P and Q be 3a amd 5a. P : Q : R = (3a x 12) : (5a x 12) : (5a x 6) = 36 : 60 : 30 = 6 : 10 : 5.

P, Q and R can do a piece of work in 18,24 and 36 days on the second day and P on the third day, again R on the fourth day and so on. Then in how, many days will the work be completed? 1. 25 2. 24 3. 22 4. 20 5. 26

Description : P, Q and R can do a piece of work in 18,24 and 36 days on the second day and P on the third day, again R on the fourth day and so on. Then in how, many days will the work be completed? 1. 25 2. 24 3. 22 4. 20 5. 26

Last Answer : 2;

A can build up a wall in 8 days while B can break it in 3 days. A has worked for 4 days and then B joined to work with A for another 2 days only. In how many days will A alone build up the remaining part of the wall? a) 13/3 days b) 22/3 days c) 7/4 days d) 7 days e) None of these

Description : A can build up a wall in 8 days while B can break it in 3 days. A has worked for 4 days and then B joined to work with A for another 2 days only. In how many days will A alone build up the remaining part of the wall? a) 13/3 days b) 22/3 days c) 7/4 days d) 7 days e) None of these

Last Answer : Amount of work done by A in one day = 1/8th of the total work B can break 1/3rd of the work in one day Therefore, if both of them are working together then the work done in one day = 1/8 - 1/3 = -5/24 ... = 11/12 Time taken by A to finish 11/12th of the work = 11/12 8 = 22/3 days Answer: b)

Reema buys dress for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is: A. no profit, no loss B. 20% profit C. less than 20% profit D. more than 20% profit

Description : Reema buys dress for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is: A. no profit, no loss B. 20% profit C. less than 20% profit D. more than 20% profit

Last Answer : Answer – D (more than 20% profit) Explanation – Let the article be worth Rs. x. C.P. = 90% of Rs. x. = Rs.(9/10)x S.P. = 110% of Rs.x = Rs.(11/10)x Gain = Rs.11/10x- 9/10x=(1/5)x gain %=(2/5x) x (10/9x) x 100 =44.44% >20%

In a business P and R invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by P and Q was 3 : 2 . If Rs. 2,236 was their profit, how much amount did Q receive ? A.Rs.650 B.Rs.688 c.Rs.588 D.Rs.490

Description : In a business P and R invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by P and Q was 3 : 2 . If Rs. 2,236 was their profit, how much amount did Q  receive ? A.Rs.650 B.Rs.688 c.Rs.588 D.Rs.490

Last Answer : Answer- B(Rs.688 ) Solution : P : Q = 3 : 2 , P : R = 2 : 1 [given] Q : P = 2 : 3 [reverse], Q : P = 4 : 6 [multiply by 2] Now, P : R = 2 : 1 P : R = 6 : 3 [multiply by 3] P : Q =6 : 4 [after x3] , So Q : P : R = 4 : 6 : 3 or, P : Q : R = 6 : 4 : 3 Q’s share= 4/13 x 2236=Rs.688

During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry uses the same ratios b) easy because public stock price fluctuation is not sufficient or erratic enough to make a difference c) difficult because book value is adjusted in small companies as FIFO is the method of choice and in public companies’ book value is static due to LIFO d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

Description : During a merger and acquisition transaction, the ability to find and use good comparable data for a valuation is relatively ____________. a) easy because each successful company within an industry ... depth, product diversity and access to lines of credit seldom match the company being valued

Last Answer : d) difficult because size differential, management depth, product diversity and access to lines of credit seldom match the company being valued

A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

Description : A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

Last Answer : (a) 20%

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

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%

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%

(d) Rs 1.50 Q.61. CA Co manufactures a single product and has drawn up the following flexed budget for the year. 60% 70% 80% Rs Rs Rs Direct materials 120,000 140,000 160,000 Direct labour 90,000 105,000 120,000 Production overheads 54,000 58,000 62,000 Other overheads 40,000 40,000 40,000 Total Cost 304,000 343,000 382,000 What would be the total cost in a budget that is prepared at the 77% level of activity? (a) Rs 330,300 (b) Rs 370,300 (c) Rs 373,300 (d) Rs 377,300

Description : Q.61. CA Co manufactures a single product and has drawn up the following flexed budget for the year.  60% 70% 80%  Rs Rs Rs Direct materials 120,000 140,000 160,000 Direct labour 90,000 105,000 120,000 Production ... activity? (a) Rs 330,300 (b) Rs 370,300 (c) Rs 373,300 (d) Rs 377,300

Last Answer : (b) Rs 370,300

The price of two dozens of oranges is Rs.120/-more than the price of one kg. of mango. The price of one dozen of apple is Rs.80/- more than the price of one kg of mango. Which of the following represents the ratios of the price of one orange and one apple respectively? a) 4 : 5 b) 3 : 2 c) 7 : 9 d) Cannot be determined

Description : The price of two dozens of oranges is Rs.120/-more than the price of one kg. of mango. The price of one dozen of apple is Rs.80/- more than the price of one kg of mango. Which of the following represents the ... apple respectively? a) 4 : 5 b) 3 : 2 c) 7 : 9 d) Cannot be determined e) None of these

Last Answer : Because no. of mangoes is unknown. So ratio cannot be calculated. Answer: d)

What is the ratio between money spent by company Q on tax and money spent by P on salary? a) 23:121 b) 33:144 c) 47:144 d) 144:157 e) None of these

Description : What is the ratio between money spent by company Q on tax and money spent by P on salary? a) 23:121 b) 33:144 c) 47:144 d) 144:157 e) None of these

Last Answer : e) None of these

It is now expected that the variable production cost per unit and the selling price per unit will each increase by 10%, and fixed production cost will rise by 25%. What will be the new break even point? (a) 8,788 units (b) 11,600 units (c) 11,885 units (d) 12,397 units

Description : It is now expected that the variable production cost per unit and the selling price per unit will each increase by 10%, and fixed production cost will rise by 25%. What will be the new break even point? (a) 8,788 units (b) 11,600 units (c) 11,885 units (d) 12,397 units

Last Answer : (c) 11,885 units

The average price of 10 books is Rs. 12 while the average price of 8 of these books is Rs. 11.75. Of the remaining two books, if the price of one book is 60% more than the price of the other, what is the price of each of these two books? A.Rs 10 and Rs 16 B.Rs 12 and Rs 24 C.Rs 24 and Rs 18 D.Rs 28 and Rs 12 E.None of these

Description : The average price of 10 books is Rs. 12 while the average price of 8 of these books is Rs. 11.75. Of the remaining two books, if the price of one book is 60% more than the price of the other, what is the price of ... and Rs 16 B.Rs 12 and Rs 24 C.Rs 24 and Rs 18 D.Rs 28 and Rs 12 E.None of these

Last Answer : Answer - A (Rs 10 and Rs 16) Explanation - Total price of the two books = Rs. [(12 x 10) - (11.75 x 8)] = Rs. (120 - 94) = Rs. 26 Let the price of one book be Rs.x Then, the price of other book = Rs. (x ... /5)x= (8/5)x so, x +(8/5)x=26 , x=10 The prices of the two books are Rs. 10 and Rs. 16

P sells a bike to Q at a profit of 25%. Q sells it to R at a profit of 30%.If R pays Rs.273 for it, the cost price of the bike for P is:

Description : P sells a bike to Q at a profit of 25%. Q sells it to R at a profit of 30%.If R pays Rs.273 for it, the cost price of the bike for P is:

Last Answer : Selling price for q is Rs. 273 Cost price + profit = 273 X + 30x/100= 273 X = 210 Cost price of q is 210 Selling price of p is 210 Cost price + profit = 210 Y + 25y/100= 210 Y = 168 The cost price of p is Rs. 168/-

Why is this happening to me ? I carefully answered each question separately from the previous answer. Even then why my 50-60 points were deducted ? It would be nice if someone could explain the reasons for cutting points.

Description : Why is this happening to me ? I carefully answered each question separately from the previous answer. Even then why my 50-60 points were deducted ? It would be nice if someone could explain the reasons for cutting points.

Last Answer : answer:

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  

The profit after selling a pair of trousers for Rs 863 is same as loss incurred after selling the same pair of trousers for Rs 631. What is the cost price of the trousers? 1. Rs7472. Rs 800 3. Rs 763 4. Cannot be determined

Description : The profit after selling a pair of trousers for Rs 863 is same as loss incurred after selling the same pair of trousers for Rs 631. What is the cost price of the trousers? 1. Rs7472. Rs 800 3. Rs 763 4. Cannot be determined

Last Answer : 1. Rs7472

A company wanting to maintain market share during the maturity stage requires moderate and some times large 1. advertising expenditures 2. distribution expenditures 3. production expenditures 4. price increases 5. packaging modifications

Description : A company wanting to maintain market share during the maturity stage requires moderate and some times large 1. advertising expenditures 2. distribution expenditures 3. production expenditures 4. price increases 5. packaging modifications

Last Answer : advertising expenditures

AT Co makes a single product and is preparing its material usage budget for next year. Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year. Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20% The material usage budget for next year is (a) 8,000 Kg((b) 9,840 kg ((c) 10,000 Kg (d) 10,160 Kg no

Description : AT Co makes a single product and is preparing its material usage budget for next year. Each unit of  product requires 2kg of material, and 5,000 units of product are to be produced next year. Opening inventory of material is budgeted ... (a) 8,000 Kg((b) 9,840 kg ((c) 10,000 Kg (d) 10,160 Kg

Last Answer : ((c) 10,000 Kg