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Q:

If the labour cost 20% of the cost of production and raw material cost 10% of the cost of production and the price on which article is sold is 20% above the cost of production. If the price of labour is increased by 40% and the price of raw material increased by 20% and rest other expenditure of cost remain constant. The industry thus decide to increase the selling price by 10%. Find the new profit percent  ?

A) 18% B) 20%
C) 22% D) 24%
 
Answer & Explanation Answer: B) 20%

Explanation:

Let the Cost of Production of the article = 100

Then, Labour Cost = 20

Raw Material = 10

Other Expenditure = 100 - 10 – 20 = 70

Selling Price of the article  = 120

After increasing Labour and Raw material cost by 40% & 20% respectively,

New Labour cost = 28

New Raw material cost = 12

New Cost of Production = 70 + 28 + 12 = 110

Then, New SP = 110% of 120 = 120 x 110/100 = 132

=> New Gain = 132 - 110 = 22

=> New Profit % = 22 x 100/110 = 20%

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Filed Under: Profit and Loss
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Q:

Which state has ranked top among the states in the country in terms of manufacturing excellence in 2017 ?

A) Telangana B) Tamilnadu
C) Haryana D) Karnataka
 
Answer & Explanation Answer: D) Karnataka

Explanation:

Southern state Karnataka has been ranked top among the states in the country in terms of manufacturing excellence, according to a study by apex industry body Assocham in 2017.

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Filed Under: General Awareness
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Q:

"World Television Day" is observed every year on ___.

A) Nov 21 B) Oct 22
C) Sep 23 D) Aug 24
 
Answer & Explanation Answer: A) Nov 21

Explanation:
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Filed Under: Important Days and Years
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Q:

If two is subtracted from each odd digit and three is added to each even digit in the number 94257636, how many digits will appear twice in the new number thus formed ?

A) 0 B) 1
C) 2 D) 3
 
Answer & Explanation Answer: D) 3

Explanation:

EXP.

Here 5, 7 & 9 are repeating after modulation.

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Filed Under: Arithmetical Reasoning
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Q:

What should come in place of question mark (?) in the following number series?

 132       156       ?         210          240          272 

A) 196 B) 182
C) 199 D) 204
 
Answer & Explanation Answer: B) 182

Explanation:

The given series follows a logic that

11 x 12, 12 x 13, 13 x 14, 14 x 15, 15 x 16,...

So the missing number is 13 x 14 = 182

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Filed Under: Number Series
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Q:

Which University has topped the Times Higher Education World University Rankings 2018 ?

A) IISC Bangalore B) Oxford
C) IIT Kanpur D) Cambridge
 
Answer & Explanation Answer: B) Oxford

Explanation:

In the annual World University Rankings released by Times Higher Education, the Indian Institute of Science of India has reached 251-300 band from last year's 201-250 band, while Oxford and Cambridge universities are on the top in the Global 1000 list.

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Q:

Which Bollywood actress has been appointed as the first Indian woman ambassador (Friend of Australia) for Tourism in Australia  ?

A) Priyanka Chopra B) Aliya Bhatt
C) Parineeti Chopra D) Shilpa Shetty
 
Answer & Explanation Answer: C) Parineeti Chopra

Explanation:
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Q:

A man purchases two articles, on selling one at loss of 20% while the other at a profit of 25%, he gains the overall profit of 5% than find the ratio of their selling price ?

A) 8 : 62.5 B) 55 : 8
C) 8 : 65 D) 64.4 : 9
 
Answer & Explanation Answer: A) 8 : 62.5

Explanation:

                      Article I                   Article II
                         -20                         25%
                                        5%
                         20%                       25%
                     

                          4              :              5

Now, Selling of first article = (4-20%) = 0.8

Selling of second article = (5+25%) =  6.25

Therefore the ratio of selling price = 8 : 62.5

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Filed Under: Profit and Loss
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