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Q:

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?

A) He Gained Rs. 200	B) He lost Rs. 200
C) He neither gained nor lost	D) None of the above

Answer & Explanation Answer: D) None of the above

Explanation:

The CP of profitable cow = 9900/1.1 = 9000

and profit = Rs. 900

The CP of loss yielding cow = 9900/0.8 = 12375

and loss = Rs. 2475

so, the net loss = 2475 - 900 = 1575

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Q:

The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33% , what is the increased selling price?

A) 240	B) 360
C) 420	D) 600

Answer & Explanation Answer: C) 420

Explanation:

Initially CP profit SP MP

100 x (100+x) 133.33

After Change 100 2x (100+x)

Now, Since (100+x) - 100 = 2x

$\frac{7}{6}$ x= 20%

CP Profit SP MP

100 20 120 133.33

So, 300 60 360 400

Again 300 120 420

So the increased selling price = Rs. 420

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Q:

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3:2 . what is the discount percentage?

A) 16.66%	B) 20%
C) 25%	D) 33.33%

Answer & Explanation Answer: A) 16.66%

Explanation:

CP : MP = 2x : 3x

=> Profit = x

( %) profit : (%) discount = 3:2

Let CP = 2000, SP = 300

But $\frac{3 x}{100} \times 200 + \frac{2 x}{100} \times 300 = 100$

=> x = 8.33%

Discount 2x = 16.66%

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Filed Under: Indian Politics
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Q:

A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?

A) 116%	B) 166.66%
C) 60%	D) 100%

Answer & Explanation Answer: B) 166.66%

Explanation:

Let the cost price of 1-liter pure milk be Re.1, then

$\{\begin{cases} 6 l i t e r s (m i l k) \to C . P = R s . 6 \\ 2 l i t e r s (w a t e r) \to C . P = R s . 0 \end{cases} \to C P = R s . 6 o n l y$

8 litre mixture =>

SP => 8 x 2 = Rs. 16

Profit % = $\frac{16 - 6}{6} x 100 = \frac{1000}{6} = 166.66 %$

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Filed Under: Profit and Loss
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Q:

Right to Information Act in India applies to all States and Union Territories except

A) Jammu and Kashmir	B) Nagaland
C) Goa	D) Sikkim

Answer & Explanation Answer: A) Jammu and Kashmir

Explanation:

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Q:

Which High Court for the first time in India declared "Bandh" as illegal

A) Allahabad High Court	B) Gujarat High Court
C) Kerala High Court	D) Rajasthan High Coutrt

Answer & Explanation Answer: C) Kerala High Court

Explanation:

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Q:

If both the office of President and Vice-president vacant, who has been empowered the President function.

A) Chief Justice	B) Prime Minister
C) Speaker of Loksabha	D) Chief of Army Staff

Answer & Explanation Answer: A) Chief Justice

Explanation:

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Q:

The name of the candidate for the office of president of India may be proposed by:

A) Any 5 citizens of India	B) Any 5 members of the parliament
C) Any 1 member of the Electoral College	D) Any 10 members of the Electoral College

Answer & Explanation Answer: D) Any 10 members of the Electoral College

Explanation:

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