In what ratio must a person mix three kinds of musted seeds costing Rs.65/kg, Rs.70/kg and Rs.105 /kg so that the resultant mixture when sold at Rs.96/kg yields a profit of 20%? a) 1:2:4 b) 3:7:6 c) 1:4:2 d)1:8:6 e) 40 : 8 : 25

 In what ratio must a person mix three kinds of musted seeds costing Rs.65/kg, Rs.70/kg and Rs.105 /kg so that the resultant mixture when sold at Rs.96/kg yields a profit of 20%? a) 1:2:4 b) 3:7:6 c) 1:4:2 d)1:8:6 e) 40 : 8 : 25
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1 Answer

Answer :

E

The resultant mixture is sold at a profit of 20% at Rs.96/kg

i.e. 1.2 (cost) = Rs.96 => Cost = = Rs.80 / kg.

Let the three varities be A, B, and C costing Rs.65, Rs.70 and Rs.105 respectively.

The mean price falls between B and C.

Hence the following method should be used to find the ratio in which they should be mixed.

image

A:C=4:5 B:C=2:5

The resultant ratio A : B : C :: 40 : 8 : 25. 

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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)

In India, which one of the following should be considered the right combination of the age in days and live body weight in kg for a lamb for its weaning ? (A) 20 days to 30 days and 6 kg to 7 kg (B) 45 days to 60 days and 8 kg to 10 kg (C) 105 days to 120 days and 18 kg to 21 kg (D) 75 days to 90 days and 12 kg to 15 kg (E) 55 days to 70 days and 9 kg to 11 kg

Description : In India, which one of the following should be considered the right combination of the age in days and live body weight in kg for a lamb for its weaning ? (A) 20 days to 30 days and 6 kg to 7 kg (B) 45 days to 60 ... (D) 75 days to 90 days and 12 kg to 15 kg (E) 55 days to 70 days and 9 kg to 11 kg

Last Answer : (C) 105 days to 120 days and 18 kg to 21 kg

In what ratio water be mixed with juice costing Rs.12 per liter to obtain a mixture worth of Rs.8 per litre? A)2:3 B)2:1 C)1:2 D)3:2

Description : In what ratio water be mixed with juice costing Rs.12 per liter to obtain a mixture worth of Rs.8 per litre? A)2:3 B)2:1 C)1:2 D)3:2

Last Answer : C)1:2

At the beginning of the year, Midtown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Midtown Athletic reported ending inventory of $600,000 and sales of $2,000,000, the company’s cost of goods sold and gross profit rate must be a. $1,000,000 and 50%. b. $1,400,000 and 30%. c. $1,000,000 and 30%.

Description : At the beginning of the year, Midtown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Midtown Athletic reported ending inventory of $600,000 and sales of $2,000,000 ... a. $1,000,000 and 50%. b. $1,400,000 and 30%. c. $1,000,000 and 30%.

Last Answer : b. $1,400,000 and 30%.

A grocer bought two kinds of rice at Rs. 38 and Rs. 32 per kg respectively. In what ratio should these two be mixed, so that by selling the mixture at Rs.42.5 per kg, 25% may be gained? a) 2:1 b) 3:2 c) 3:4 d) 1:2

Description : A grocer bought two kinds of rice at Rs. 38 and Rs. 32 per kg respectively. In what ratio should these two be mixed, so that by selling the mixture at Rs.42.5 per kg, 25% may be gained? a) 2:1 b) 3:2 c) 3:4 d) 1:2

Last Answer : d) 1:2

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

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%

Chenna dhal is now being sold at Rs. 70 a kg. Last month, is rate was Rs. 80 per kg. By how much percent should a family reduce its consumption so as to keep the expenditure fixed? a)12.5 b)21.8 c)23 d)18

Description : Chenna dhal is now being sold at Rs. 70 a kg. Last month, is rate was Rs. 80 per kg. By how much percent should a family reduce its consumption so as to keep the expenditure fixed? a)12.5 b)21.8 c)23 d)18

Last Answer : Answer: A  Let a family's monthly consumption of chenna dhal be x kg.  To keep the expenditure fixed,  their consumption for this month should be 70x/80 = 7x/8.  Reduction in consumption = x/8 = 12.5% of x

To devitalize weed seeds in manure, the composting temperature must be in which of the following range a). 35-50 °C b). 50-65 °C c). 65-90 °C d). 90-105 °C

Description : To devitalize weed seeds in manure, the composting temperature must be in which of the following range a). 35-50 °C b). 50-65 °C c). 65-90 °C d). 90-105 °C

Last Answer : c). 65-90 °C

A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Description : A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Last Answer : 4. Rs 60

A seller mixes 52 kg of ragi at Rs. 40 per kg with 60 kg of ragi of other variety at Rs.72per kg and sells the mixture at Rs.60 per kg. His profit percent is:

Description : A seller mixes 52 kg of ragi at Rs. 40 per kg with 60 kg of ragi of other variety at Rs.72per kg and sells the mixture at Rs.60 per kg. His profit percent is:

Last Answer : C.P. of 112 kg rice = Rs. (52x 40 + 60 x 72) = Rs. (2080+4320) = Rs. 6400. S.P. of 112 kg rice = Rs. (112 x 60) = Rs. 6720 Gain=320 Gain %= 320*100/6400 Gain %=5

Box A contains wheat worth Rs.30 per kg and box B contains wheat worth Rs.40 per kg.If both A and B are mixed in the the ratio 4:7 then the price of mixture per kg is A)36.36 B)35.80 C)42.50 D)31.30

Description : Box A contains wheat worth Rs.30 per kg and box B contains wheat worth Rs.40 per kg.If both A and B are mixed in the the ratio 4:7 then the price of mixture per kg is A)36.36 B)35.80 C)42.50 D)31.30

Last Answer : A)36.36

The following data, relates to manufacturing company for the year 2006-07– Net Profit as per P & L A/c–Rs. 2,40,000; Depreciation–Rs. 80,000; Goodwill written-off– Rs. 40,000, Profit on Sale of Fixed Assets–Rs. 16,000, Proposed Dividend–Rs. 96,000. The fund from operation would be– (A) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Description : The following data, relates to manufacturing company for the year 2006-07- Net Profit as per P & L A/c-Rs. 2,40,000; Depreciation-Rs. 80,000; Goodwill written-off- Rs. 40,000, Profit on Sale of Fixed Assets-Rs. 16,000, ... ) Rs. 4,40,000 (B) Rs. 4,00,000 (C) Rs. 6,40,000 (D) None of the above

Last Answer : Answer: None of the above

When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is — (a) 20% (b) 30% (c) 25% (d) 40%.

Description : When the sales increase from Rs. 40,000 to Rs. 60,000 and profit increases by Rs. 5,000, the P/V ratio is — (a) 20% (b) 30% (c) 25% (d) 40%.

Last Answer : (c) 25%