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Q:

A man buys 10 oranges for Rs. 3 and sells 8 for Rs. 3. Calculate his gain percent.

A) 20% B) 25%
C) 27% D) 30%
 
Answer & Explanation Answer: B) 25%

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

Rohit buys a ball for Rs 450 and sells it. Rohit gives two successive discount of 20% and 5% to the customer. What will be the selling price (in Rs) of the ball?

A) 342 B) 354
C) 334 D) 362
 
Answer & Explanation Answer: A) 342

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

A man buys 7 shirts at Rs 300 each, 2 trousers at Rs 450 each and 1 pair of shoes at Rs 500 each. What is the average expenditure (in Rs) per article?

A) 210 B) 250
C) 320 D) 350
 
Answer & Explanation Answer: D) 350

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Filed Under: Average
Exam Prep: Bank Exams , CAT

Q:

A boy buys 5 pencils at Rs 3 each, 3 erasers at Rs 2 each and 3 sharpeners at Rs 5 each. What is the average expenditure (in Rs) per article?

A) 3.27 B) 3.5
C) 4 D) 5
 
Answer & Explanation Answer: A) 3.27

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Exam Prep: Bank Exams

Q:

A rice trader buys 16 quintals of rice for Rs 5632. 20% rice is lost in transportation. At what rate should he sell to earn 25% profit?

A) Rs 225.2 per quintal B) Rs 550 per quintal
C) Rs 440 per quintal D) Rs 563.2 per quintal
 
Answer & Explanation Answer: B) Rs 550 per quintal

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Exam Prep: Bank Exams

Q:

Marked price of an item is Rs 900. On purchase of 2 items discount is 6%, on purchase of 3 items discount is 12%. Rajani buys 5 items, what is the effective discount?

A) 17.5 percent B) 9.6 percent
C) 35 percent D) 37 percent
 
Answer & Explanation Answer: B) 9.6 percent

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

A rice trader buys 20 quintals of rice for Rs 8,580. However, 22% rice is lost in transportation. At what rate should he sell to earn 20% profit?

A) Rs 278.8 per quintal B) Rs 514.8 per quintal
C) Rs 660 per quintal D) Rs 654.2 per quintal
 
Answer & Explanation Answer: C) Rs 660 per quintal

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Exam Prep: Bank Exams

Q:

A rice trader buys 12 quintals of rice for Rs 1,870. 15% rice is lost in transportation. At what rate should he sell to earn 20% profit?

A) Rs 110.3 per quintal B) Rs 187 per quintal
C) Rs 220 per quintal D) Rs 224 per quintal
 
Answer & Explanation Answer: C) Rs 220 per quintal

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Filed Under: Profit and Loss
Exam Prep: Bank Exams