9
Q:

Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

A) loss of 24% B) gain of 28%
C) loss of 28% D) gain of 20%

Answer:   B) gain of 28%



Explanation:

Money invested by Rajan before 1 year was = Rs. 100000

Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds

 

Now, after 1 year invested amount was appreciated by 20%

=> 20% of 1333.33 = 266.66

 

Total investment becomes = 1333.33 + 266.66 = 1600 Pounds

This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000

 

Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year

 

Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.

Q:

A manufacturer sells cooking gas stoves to shopkeepers at 10% profit, and in turn they sell the cooking gas stoves to customer to earn 15% profit. If a customer gets a cooking gas stove for ₹7,590, then what is its manufacturing cost?

 

A) ₹ 6,500 B) ₹5,000
C) ₹5,090 D) ₹6,000
 
Answer & Explanation Answer: D) ₹6,000

Explanation:
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1 606
Q:

X sells shoes to Y at a profit of 20% and Y sells same shoes to Z at a profit of 23%. If Z pays Rs 3321 for the shoes, then what was the cost price (in Rs) of shoes for X?

 

A) 1950   B) 2450  
C) 2250   D) 2045
 
Answer & Explanation Answer: C) 2250  

Explanation:
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0 445
Q:

A trader marks his goods at 60% above the cost price and allows a discount of 25%. What is his gain percent?

 

A) 20% B) 25%
C) 30% D) 40%
 
Answer & Explanation Answer: A) 20%

Explanation:
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1 471
Q:

A man sold two gifts at Rs. 30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in Rs. )?

 

A) Gain of Rs. 1.75   B) Loss of Rs. 2.00  
C) Loss of Rs. 2.50   D) Gain of Rs. 2
 
Answer & Explanation Answer: B) Loss of Rs. 2.00  

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3 545
Q:

Let us say that the price of a pen has increased from Rs. 10 to Rs. 15. What is the ratio of its original price to the new price?

 

A) 3 : 2 B) 2 : 3
C) 5 : 4 D) 4 : 5
 
Answer & Explanation Answer: B) 2 : 3

Explanation:
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4 387
Q:

If the ratio of marked price and selling price is 14 : 11, then what is the discount percentage?

 

A) 42.58   B) 21.42  
C) 36.36   D) 33.33
 
Answer & Explanation Answer: B) 21.42  

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1 1654
Q:

Pankaj sells a trouser at a loss of 10%. If he buys it for 20% less price and sells it for Rs. 9 more, then he gains 15%. What is the cost price (in Rs) of the trouser?

 

A) 450   B) 400  
C) 350   D) 440
 
Answer & Explanation Answer: A) 450  

Explanation:
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4 504
Q:

Ram makes a profit of 30%by selling an article. What would be the profit percent if it were calculated on the selling price instead of the cost price? (Correct to one decimal! place)

 

A) 22.4 % B) 23.1 %
C) 20.1 % D) 24.2 %
 
Answer & Explanation Answer: B) 23.1 %

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2 504