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 shopkeeper marks his goods at 25% above the cost price. He sells three-fourth of the goods at the marked price and the remaining at 40% discount on the marked price. His gain/loss percent is:

 

A) Loss, 12.5% B) Gain, 10.5%
C) Gain, 12.5% D) Loss, 8.75%
 
Answer & Explanation Answer: C) Gain, 12.5%

Explanation:
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0 95
Q:

A number is increased by 30%, then decreased by 25%, and then further increased by 25%. What is the net increase/decrease percent in the number(correct to the nearest integer)?

 

A) 22% decrease B) 22% increase
C) 21% decrease D) 21% increase
 
Answer & Explanation Answer: B) 22% increase

Explanation:
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0 211
Q:

A man gets a discount of 30% and then 20% on his food bill of ₹1,500. How much discount, in rupees, did he get ?

 

 

A) 360 B) 700
C) 500 D) 660
 
Answer & Explanation Answer: D) 660

Explanation:
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1 1442
Q:

A man bought 2 articles for ₹3050 each. He sold one article at 10% profit and another at 20% profit. The total profit percentage he earned is:

 

A) 20% B) 18%
C) 10% D) 15%
 
Answer & Explanation Answer: D) 15%

Explanation:
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2 1228
Q:

There was 29% off on bags. A lady bought a bag and got 13% discount for paying in cash. She paid ₹617.70. What was the price tag (in ₹) on the bag ?

 

A) 925 B) 800
C) 750 D) 1000
 
Answer & Explanation Answer: D) 1000

Explanation:
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1 762
Q:

A number is decreased by 30%, then increased by 30%, then further increased by 30%. What is the net increase/decrease  percent in the number (correct to the nearest integer)?

 

A) 19% decrease B) 19% increase
C) 18% increase D) 18% decrease
 
Answer & Explanation Answer: C) 18% increase

Explanation:
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1 208
Q:

A man bought 2 articles for ₹3050 each. He sold one article at 10% loss and another at 20% profit. The total profit/loss percentage he earned is:

 

 

A) 10% loss B) 5% loss
C) 5% profit D) 10% profit
 
Answer & Explanation Answer: C) 5% profit

Explanation:
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2 2167
Q:

There was 25% off on shirt. A lady bought that shirt and got an additional 20% discount for paying in cash and further 10% discount for being a loyal customer. She paid ₹324. What was the price tag (in ₹) on the shirt ?

 

A) 750 B) 600
C) 650 D) 725
 
Answer & Explanation Answer: B) 600

Explanation:
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0 267