Quantitative Aptitude - Arithmetic Ability Questions

Q:

Manik marks the price of his toys 40% above the cost price. If he allows 20% discount, then what is the profit or loss percentage?

A) 4% profit B) 12% profit  
C) 8% loss D) 12% loss
 
Answer & Explanation Answer: B) 12% profit  

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

Price of diesel increased from Rs 45/litre to Rs 50/litre. How much should the consumption of diesel be reduced (in %) so as to increase expenditure by only 5%?

A) 5.5 B) 5
C) 4 D) 4.5
 
Answer & Explanation Answer: A) 5.5

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

If a merchant offers a discount of 40% on the list price, then he makes a loss of 10%. What % profit or % loss will he make if he sells at a discount of 20% of the list price?

A) 4 percent loss B) 14 percent profit
C) 5.5 percent loss D) 20 percent profit
 
Answer & Explanation Answer: D) 20 percent profit

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Filed Under: Profit and Loss
Exam Prep: Bank Exams , CAT

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Q:

Two bikers A and B start and ride at 75 km/hr and 60 km/hr respectively towards each other. They meet after 20 minutes. How far (in km) were they from each other when they started?

A) 60 B) 45
C) 30 D) 15
 
Answer & Explanation Answer: B) 45

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Filed Under: Time and Distance
Exam Prep: Bank Exams

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Q:

0.0245¯ written as a vulgar fraction in its simplest form = ?

A) 9/370 B) 27/1111
C) 27/1100 D) 9/37
 
Answer & Explanation Answer: C) 27/1100

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Filed Under: Decimal Fractions
Exam Prep: Bank Exams

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Q:

If sec2A + cosec2A = X, then the value of X is

A) tan2A cot2A B) sinA cosA
C) secA cosecA D) sec2A cosec2A
 
Answer & Explanation Answer: D) sec2A cosec2A

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

If a saree is sold for Rs 2880 the seller will face 10% loss, at what price (in Rs) should he sell to gain 20% profit?

A) 4830 B) 3840
C) 3480 D) 4380
 
Answer & Explanation Answer: B) 3840

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

If a merchant offers a discount of 10% on the list price, then she makes a loss of 25%. What % profit or % loss will she make if she sells at a discount of 20% of the list price?

A) 5 percent profit B) 33.33 percent loss
C) 90 percent profit D) 20 percent profit
 
Answer & Explanation Answer: B) 33.33 percent loss

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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