lemons Search

Q:

Read the statements and select a conclusion from the given alternatives.

Statements :

All Apples are leaves. Some leaves are lemons. No lemon is house.

Conclusions :

I. Some houses are Apples
II. Some lemons are Apples
III. No house is Apple

A) Only I follows	B) Only II follows
C) Both II & III follows	D) Either I or III follows

Answer & Explanation Answer: C) Both II & III follows

Explanation:

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

A vendor buys some lemons at the rate of 11 for Rs 10 and sells at the rate of 4 for Rs 5. What will be the result?

A) 37.5 percent loss	B) 27.27 percent gain
C) 37.5 percent gain	D) 27.2 percent loss

Answer & Explanation Answer: C) 37.5 percent gain

Explanation:

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

By selling 45 lemons for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% in the transaction ?

A) 16	B) 18
C) 20	D) 22

Answer & Explanation Answer: B) 18

Explanation:

Let S.P. of 45 lemons be Rs. x.

Then, 80 : 40 = 120 : x or x = $\frac{40 \times 120}{80}$ = 60

For Rs.60, lemons sold = 45

For Rs.24, lemons sold = $\frac{45}{60} \times 24$ = 18.

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Filed Under: Profit and Loss