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Q:

Bhajan Singh purchased 120 reams of paper at Rs 80 per ream. He spent Rs 280 on transportation, paid octroi at the rate of 40 paise per ream and paid Rs 72 to the coolie. If he wants to have a gain of 8 %, what must be the selling price per ream?

A) 90 B) 89
C) 87.48 D) 86
 
Answer & Explanation Answer: A) 90

Explanation:

Total investment = Rs. (120 * 80 + 280 + (40/100) * 120 + 72).
= Rs. (9600 + 280+48 + 72) = Rs, 10000.
Sell price of 120 reams = 108% of Rs. 10000 = Rs. 10800.
Sell Price per ream = Rs. [10800/120] = Rs. 90.

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Filed Under: Profit and Loss

Q:

A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

A) 10% loss B) 1% loss
C) 1% gain D) Neither loss nor profit
 
Answer & Explanation Answer: B) 1% loss

Explanation:

Loss%= (common gain or loss % / 10)2 = (10/10)² % = 1%.

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Filed Under: Profit and Loss

Q:

A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.

A) 20% B) 21%
C) 22% D) 23%
 
Answer & Explanation Answer: B) 21%

Explanation:

Gain % = 100+common gain %2100-100%           

 

           =100+102100-100

 

            = 21%

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Filed Under: Profit and Loss

Q:

A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.

A) Rs.1200 B) Rs.1230
C) Rs.1260 D) Rs.1290
 
Answer & Explanation Answer: C) Rs.1260

Explanation:

Let the new S.P be x, then

(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)

951140=105x 

=> x = 1260

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Filed Under: Profit and Loss

Q:

A merchant has 1000 kg of sugar part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The Quantity sold at 18% profit is

A) 400 kg B) 560 kg
C) 600 kg D) 640 kg
 
Answer & Explanation Answer: C) 600 kg

Explanation:

By the rule of alligation:

 

Profit of first part                         Profit of second part

 

 

So, ratio of 1st and 2nd parts = 4 : 6 = 2 : 3. 

 

Therefore, Quantity of 2nd kind = (3/5 x 1000)kg = 600 kg.

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Filed Under: Alligation or Mixture

Q:

8 litres are drawn from a cask full of wine and is then filled with water. This operation is performed three more times. The ratio of the quantity of wine now left in cask to that of the water is 16 : 65. How much wine the cask hold originally?

A) 18 litres B) 24 litres
C) 32 litres D) 42 litres
 
Answer & Explanation Answer: B) 24 litres

Explanation:

Let the quantity of the wine in the cask originally be x litres

 
Then, quantity of wine left in cask after 4 operations =x1-8x4litres

 

x1-8x4x = 1681  

 

 1-8x4=234 

 

x=24

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Filed Under: Alligation or Mixture

Q:

The greatest possible length which can be used to measure exactly the length 7m, 3m 85cm, 12 m 95 cm is

A) 15 cm B) 25 cm
C) 35 cm D) 42 cm
 
Answer & Explanation Answer: C) 35 cm

Explanation:

Required Length = H.C.F of 700 cm, 385 cm and 1295 c

                             = 35 cm.

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Filed Under: HCF and LCM

Q:

Which is the highest waterfall in the world ?

Answer

Angel, Venezuela

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