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Q:

Statement: People in Pratapgarh are not paying their telephone bills in spite of the various verbal warnings and remainders. It has now informed the subscribers through a notification that those who do not pay their bills by the due date will be charged penalty for every defaulting day.
Course of action:
a. Majority of people may pay their bills by the due date to avoid penalty.
b. People generally pay heed to such statutory notifications.

A) Only a follows B) Both a & b follows
C) Only b follows D) Neither a nor b follows
 
Answer & Explanation Answer: B) Both a & b follows

Explanation:

Enforcing a penalty will motivate people to pay the bills. So, course of action a follows.
It is general tendency to act accordingly when a penalty clause slapped. So, course of action b follows.

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Filed Under: Statement and Courses of Action
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Q:

A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

A) 2% B) 4%
C) 3% D) 2.5%
 
Answer & Explanation Answer: B) 4%

Explanation:

SP of first article = 1000

Profit = 20%

CP = 100100+P×SP= 5000/6 = 2500/3


SP of second article = 1000

Loss = 20%

CP = 100100-L×SP= 5000/4 = 1250


Total SP = 2000

Total CP = 25003+ 1250 = 6250/3

CP is more than SP, he makes a loss.

Loss = CP-SP = (6250/3)- 2000 = 250/3


Loss Percent =250362503×100= 4%

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Filed Under: Profit and Loss
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Q:

In a certain Business, the profit is 220% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?

A) 61% B) 75%
C) 55% D) 81%
 
Answer & Explanation Answer: A) 61%

Explanation:

Let C.P.= Rs. 100.

Then, Profit = Rs.220, 

S.P. = Rs.320.

 

New C.P. = 125% of Rs. 100 = Rs. 125 

New S.P. = Rs.320.

Profit = Rs. (320 - 125) = Rs. 195

 

Required percentage = 195320×100== 60.9 =~ 61%

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Q:

A trader mixes 36 kg of rice at Rs. 20 per kg with 14 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

A) 25% B) 21.14%
C) 22.54% D) 27.32%
 
Answer & Explanation Answer: C) 22.54%

Explanation:

C.P. of 50 kg rice = Rs. (36 x 20 + 14 x 36) = Rs. (720 + 504) = Rs.1224.  

S.P. of 56 kg rice = Rs. (50 x 30) = Rs.1500.

Profit = 1500 - 1224 = Rs.276 

 

Profit % = ProfitC.P×100  = 2761224×100 = 22.54%.

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Q:

The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is:

A) 32 B) 40
C) 16 D) 30
 
Answer & Explanation Answer: A) 32

Explanation:

Let C.P. of each Magazine be Rs. 1

C.P. of P articles = Rs. P. 

S.P. of P articles = Rs. 40.

 

Profit = Rs. (40 - P)

 

Now, Gain% = ProfitC.P×100 = 40-PP×100 

 

Here 40-PP×100= 25

-->P = 32.

 

 

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Q:

There are six persons 1, 2, 3, 4, 5 and 6. 3 is the sister of 6. 2 is the brother of 5's husband. 4 is the father of 1 and grandfather of 6. There are two fathers, three brothers and a mother in the group. Which of the following is a group of brothers ? 

A) 1, 2, 3 B) 3, 2, 6
C) 1, 2, 4 D) 1, 2, 6
 
Answer & Explanation Answer: D) 1, 2, 6

Explanation:

4 is father of 1 and grandfather of 6. So, 1 is father of 6. Thus, 4 and 1 are the two fathers.
3 is the sister of 6. So, 3 is the daughter of 1. Since there is only one mother, it is evident that 5 is the wife of 1 and hence the mother of  3 and 6. So, 2 is brother of 1. There are three brothers. So, 6 is the brother of 3. Hence, 2 and 1 are brothers. 6 is the brother of 3. So, three brothers are 1, 2, 6.

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Filed Under: Blood Relations
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Q:

Pointing to a photograph, a man said, "I have no brother or sister but that man’s father is my father’s son." Whose photograph was it?

A) His uncle's B) His nephew's
C) His son's D) His Cousin's
 
Answer & Explanation Answer: C) His son's

Explanation:

Since the narrator has no brother, his father’s son is he himself. So, the man who is talking is the father of the man in the photograph. Thus, the man in the photograph is his son.

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Q:

In the question below consists of a question and two statements numbered a and b given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Read both the statements and give the answer.

Question: How is Vinitha related to Ragini ?
Statements:
a. Vinitha's husband is the only son of Ragini's mother.
b. Vinitha's brother and Ragini's husband are cousins.

A) Neither a nor b is sufficient B) Either a or b is sufficient
C) Both a & b are sufficient D) a alone is sufficient while b alone is not sufficient
 
Answer & Explanation Answer: B) Either a or b is sufficient

Explanation:

From a, we conclude that Vinitha is the wife of Ragini's mother's only son i.e. Ragini's brother. Thus, Vinitha is Ragini's sister-in-law.

From b, we conclude that Vinitha is the cousin of Ragini's husband, which implies that Vinitha is Ragini's sister-in-law.

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Filed Under: Statement and Conclusions
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