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Q:

A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. what is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?

A) 1.5 lakh B) 1.1 lakh
C) 1.2 lakh D) 1.65 lakh
 
Answer & Explanation Answer: B) 1.1 lakh

Explanation:

Total cost of 4 cars =  1+2 = 3 lakh

 

Total S.P of 4 cars = 3 x 1.5 = 4.5 lakh   (Since S.P = 100 + Gain%100 x C.P)

 

 S.P of 1 car = 1.2 lakh 

 

S.P of rest 3 cars = 4.5 - 1.2 = 3.3 lakh

 

 Average S.P of all the 3 cars = 1.1 lakh

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Q:

Rahul went to purchase a Nokia mobile handset, the shopkeeper told him to pay 20% tax if he asked the bill. Rahul manages to get the discount of 5% on the actual saleprice of the mobile and he paid the shopkeeper Rs. 3325 without tax. Besides he manages to avoid to pay 20% tax on the already  discounted price, what is the amount of discount that he has gotten?

A) 750 B) 375
C) 875 D) 525
 
Answer & Explanation Answer: C) 875

Explanation:

CP = 100, SP (with tax) =120

 

New   SP = 100 - 5 = 95

 

 Effective discount = 120 - 95 = 25 

 

So, at SP of 95 ----> discount = 25

 

and      at SP of 3325 -----> discount = 2595×3325 = 875

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Q:

Due to reduction of 25% in price of oranges a customer can purchase 4 oranges more for Rs. 16. what is original price of an orange?

A) Rs 1 B) Rs 1.33
C) Rs 1.5 D) Rs 1.6
 
Answer & Explanation Answer: B) Rs 1.33

Explanation:

Recall it is based on inverse proportion or product constancy concept.

 

 

 

     Reducion in price                      increase in amount

 

 

 

         25%     1/4                              1/3   33.33% = 4 oranges

 

 

 

It means original number of oranges = 4 x 3 = 12

 

 

 

original price of oranges = 16/12 = Rs. 1.33

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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

 

           76 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:

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 

 6 liters (milk)   C.P = Rs. 62 liters (water)  C.P = Rs. 0CP = Rs.6 only

 

8 litre mixture  =>

SP =>  8 x 2 = Rs. 16

 

Profit % = 16 - 66x100 = 10006 = 166.66%

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Q:

In which state, the President's Rule was first imposed in India

A) Andhra Pradesh B) Bihar
C) Assam D) Arunachal Pradesh
 
Answer & Explanation Answer: A) Andhra Pradesh

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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