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Q:

On selling rice for Rs. 45 per kg, a shopkeeper bears loss of 20%. To earn a profit of 20%, the selling price should be

A) Rs. 67.50 B) Rs. 65
C) Rs. 70 D) Rs. 60
 
Answer & Explanation Answer: A) Rs. 67.50

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

Which of the following bears flowers?

A) Bryophyta B) Pteridophyta
C) Gymnosperms D) Angiosperms
 
Answer & Explanation Answer: D) Angiosperms

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Filed Under: Biology
Exam Prep: Bank Exams

Q:

A shopkeeper, sold cocoa seeds at the rate Rs 1,230 a kg and bears a loss of 5%. Now if he decides to sell it at Rs 1,353 per kg, what will be the result?

A) 4.5 percent gain B) 9 percent gain
C) 4.5 percent loss D) 9 percent loss
 
Answer & Explanation Answer: A) 4.5 percent gain

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

A shopkeeper, sold walnuts at the rate Rs 1,190 a kg and bears a loss of 10%. Now if he decides to sell it at Rs 1,249.5 per kg, what will be the result?

A) 11 percent loss B) 5.5 percent loss
C) 5.5 percent gain D) 11 percent gain
 
Answer & Explanation Answer: B) 5.5 percent loss

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

A shopkeeper, sold dried apricots at the rate Rs 1,310 a kg and bears a loss of 13%. Now if he decides to sell it at Rs 1,441 per kg, what will be the result?

A) 8.6 percent loss B) 4.3 percent gain
C) 4.3 percent loss D) 8.6 percent gain
 
Answer & Explanation Answer: C) 4.3 percent loss

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

A shopkeeper, sold cashew nuts at the rate Rs 1,260 a kg and bears a loss of 8%. Now if he decides to sell it at Rs 1,386 per kg, what will be the result?

A) 1.2 percent gain B) 2.4 percent gain
C) 1.2 percent loss D) 2.4 percent loss
 
Answer & Explanation Answer: A) 1.2 percent gain

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Exam Prep: Bank Exams

Q:

A shopkeeper, sold cocoa seeds at the rate Rs 1330 a kg and bears a loss of 15%. Now if he decides to sell it at Rs 1463 per kg, what will be the result?

A) 13 percent loss B) 6.5 percent gain
C) 6.5 percent loss D) 13 percent gain
 
Answer & Explanation Answer: C) 6.5 percent loss

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

Find the fraction which bears the same ratio to 1/27 that 3/7 does to 5/9 .

A) 5/9 B) 1/35
C) 45/7 D) 7/45
 
Answer & Explanation Answer: B) 1/35

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams