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Q:

On a certain item profit is 150%. If the cost price increases by 25% what will be the new profit margin (in %)?

A) 25 B) 50
C) 100 D) 75
 
Answer & Explanation Answer: C) 100

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

At a village trade fair a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25 % and the camel at a loss of 20 %. If he sold both the animals at the same price, then the cost price of the cheaper animal was Rs ____________.

A) 6600 B) 7500
C) 25000 D) 20000
 
Answer & Explanation Answer: D) 20000

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Q:

If a vendor sells a coconut at Rs 14.4 he makes 10% loss. If he wants to make 25% profit, then at what price (in Rs) should he sell?

A) 18 B) 20
C) 16 D) 22
 
Answer & Explanation Answer: B) 20

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Q:

Oil equal to 20% of the weight of ground nut is extracted in a mill. The matter left after extraction is sold as cattle feed at the rate of Rs 12.5/kg. The groundnuts are bought at Rs 20/kg. The processing cost is Rs 5/kg. At what price (Rs per kg) should the oil be sold to earn 20% profit on total costs (Total cost = Cost of groundnuts and Processing costs)?

A) 250 B) 150
C) 200 D) 100
 
Answer & Explanation Answer: D) 100

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Q:

A batsman scores 87 runs in the 21st match of his career. His average runs per match increases by 2. What was his average before the 21st match.

A) 45 B) 46
C) 44 D) 43
 
Answer & Explanation Answer: A) 45

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Filed Under: Average
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Q:

The average of 41 consecutive odd numbers is 49. What is the largest number.

A) 89 B) 91
C) 93 D) 95
 
Answer & Explanation Answer: A) 89

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Q:

In a class of 50 students there are 22 girls who scored an average of 35 marks in the test. What is the average marks of the boys if the class average is 42 marks?

A) 50 B) 52.5
C) 47.5 D) 55
 
Answer & Explanation Answer: C) 47.5

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Q:

The average marks of 50 students in an examination was 65. It was later found that the marks of one student had been wrongly entered as 83 instead of 38. The correct average is?

A) 63.9 B) 64.5
C) 64.7 D) 64.1
 
Answer & Explanation Answer: D) 64.1

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Exam Prep: Bank Exams