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Q:

The marked price of a book is Rs 4200. The shopkeeper gives two successive discounts of 25% and y% to the customer. If the customer pays Rs 2898 for the book, then what is the value (in percentage) of y?

 

A) 7 B) 8
C) 6 D) 5
 
Answer & Explanation Answer: B) 8

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

A fan was sold for Rs. 3600 at a loss of 4%. What would be the gain or loss percent ifit was sold for Rs. 4200?

A) Gain 10% B) Gain 12%
C) Loss 12% D) Loss 10%
 
Answer & Explanation Answer: B) Gain 12%

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

The prices of chairs and tables are in the ratio of 9 : 5. If the chairs cost Rs. 4200 more than the tables, find the price of the tables? (in Rs.)

A) 6730 B) 6200
C) 5000 D) 5250
 
Answer & Explanation Answer: D) 5250

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 24200, and Rs 26620 respectively, what is the rate of interest?

A) 10 percent B) 5 percent
C) 20 percent D) 16 percent
 
Answer & Explanation Answer: A) 10 percent

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Filed Under: Compound Interest
Exam Prep: Bank Exams

Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

S, T and U started a business by investing Rs 4200, Rs 6300 and Rs 8400 respectively. S left the business after 3 months, T left 6 months after the business had started and U remained in the business till one year. At the end of one year the total profit is Rs 6000. What is the U’s share (in Rs) in the profit?

A) 4200 B) 3200
C) 4000 D) 3600
 
Answer & Explanation Answer: C) 4000

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Filed Under: Partnership
Exam Prep: Bank Exams

Q:

If a shopkeeper sells an item at Rs 4200 which is marked as Rs 4800, then what is the discount (in %) that he is offering?

A) 12.5 B) 14.28
C) 10 D) 15
 
Answer & Explanation Answer: A) 12.5

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

The average salary of male employees in a firm was Rs. 5200 and that of females was Rs. 4200. The mean salary of all the employees was Rs. 5000. What is the % of female employees?

A) 80% B) 20%
C) 40% D) 30%
 
Answer & Explanation Answer: B) 20%

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Filed Under: Percentage
Exam Prep: Bank Exams