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Q:

A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?

A) 2.5% B) 5%
C) 10% D) 7.5%
 
Answer & Explanation Answer: C) 10%

Explanation:

According to the given data,

Let Cost price of the article be 'cp'

Then,

102.25 cp - 92 cp = 164 x 100

10.25 cp = 16400

cp = 1600

Now, if he sells at Rs. 1760

Profit = 1760 - 1600 = 160

 

Profit% = 160/1600 x 100 = 10%.

 

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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10 7433
Q:

Which ocean surrounds Antarctica?

A) Atlantic ocean B) Indian ocean
C) Pacific ocean D) Southen ocean
 
Answer & Explanation Answer: D) Southen ocean

Explanation:

Antarctica is surrounded on all sides by water. The Indian, Pacific and Atlantic Oceans surround it on all sides. These three Oceans all meet at Antarctica. The three oceans are collectively called the Southern Ocean.

This is the area located south of 50° latitude.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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10 7429
Q:

The sum of one-half, one-third and one-fourth of a number exceeds the number by 22. The number is

A) 264 B) 284
C) 215 D) 302
 
Answer & Explanation Answer: A) 264

Explanation:

Let the number be 'x'. Then, from given data

x/2 + x/3 + x/4 = x+22
13x/12 = x+22
x = 264

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Filed Under: Problems on Numbers
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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4 7429
Q:

Consider the given statements to be true and decide which of the conclusions logically follow(s) from the statements.

 

Statement:


China is a communist country.

 

Conclusions:

 

1. No country in the world has a communist rule.


2. Many other countries in the world have a communist rule.

 

A) B)
C) D)
 
Answer & Explanation Answer: B)

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

5 7428
Q:

24 S in an IF?

Answer

24 S in an IF means 24 Spokes in an Indian Flag.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

12 7427
Q:

P, W, Q, X, R, Y, Z and S sit randomly in a circle facing each other. Consider the following information and questions based on it.

 

1. Y sits exactly between Q and R

2. P does not sit next to either X or Z

3. Z is to the immediate right of Q

4. S sits third from left of X and the right of Y.

 

Who sits to the left of S?

A) Z B) X
C) P D) Q
 
Answer & Explanation Answer: A) Z

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

10 7425
Q:

If two fractions, each of which has a value between 0 and 1, are multiplied together, the product will be :

A) always greater than either of the original fractions B) always less than either of the original fractions
C) sometimes greater and sometimes less than either of the original fractions D) remains the same
 
Answer & Explanation Answer: B) always less than either of the original fractions

Explanation:

We can easily Answer this by taking some values.

 

The question states that the two fractions, each have values between 0 and 1.

Let us say one of the fraction is 1/2 and the other fraction is 1/3 .

The product of the two fractions is 1/2 x 1/3 = 1/6 .
 is lesser than both 1/2  and 1/3 .

So, the correct answer is that the product is always less than either of the original fractions. 

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Filed Under: Decimal Fractions
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12 7424
Q:

At an examination in which maximum marks are 500. K got 10% less than L, L got 25% more than M and M got 20% less than N. If K got 360 marks what percentage of marks was obtained by N ?

A) 80 B) 87
C) 78 D) 76
 
Answer & Explanation Answer: A) 80

Explanation:

Let marks obtained by N = x

M's marks = 0.80x

L's marks = 1.25 (0.80x)

K's marks = (0.90) (1.25) (0.80x)

= 0.9x

But 0.9x = 360 ⇒ x = 400

Percentage of Marks obtained by N

= 400 x 100/500 = 80%

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Filed Under: Percentage
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7 7424