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Q:

If 12 men can reap 120 acres of land in 36 days, how many acres of land can 54 men reap in 54 days?

A) 710 acres B) 760 acres
C) 810 acres D) 860 acres
 
Answer & Explanation Answer: C) 810 acres

Explanation:

12 men120 acres36 days54 men?54 days

 As 12 men can reap 120 acres, 54 men will be able to reap more acres in 36 days, 120 acres of land was reaped, so in 54 days, more land will be reaped.

 

Thus, the numbers of acres that can be reaped by 54 men in 54 days = 5412x120x5436 = 810 acres

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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

The incomes of two persons A and B are in the ratio 3 : 4. If each saves Rs.100 per month, the ratio of their expenditures is Rs. 1 : 2. Find their incomes.

A) Rs. 100 and Rs.150 B) Rs. 150 and Rs.200
C) Rs.200 and Rs.250 D) Rs.250 and Rs.300
 
Answer & Explanation Answer: B) Rs. 150 and Rs.200

Explanation:

Let the incomes of A and B be 3P and 4P.

If each saves Rs. 100 per month, then their expenditures = Income - savings = (3P - 100) and (4P - 100).

 

The ratio of their expenditures is given as 1 : 2.

Therefor, (3P - 100) : (4P - 100) = 1 : 2

Solving, We get P = 50. Substitute this value of P in 3P and 4P.

Thus, their incomes are : Rs.150 and Rs.200

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Filed Under: Ratios and Proportions

Q:

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

A) Rs. 39000 B) Rs. 49000
C) Rs. 59000 D) Rs. 69000
 
Answer & Explanation Answer: C) Rs. 59000

Explanation:

Interest received by A from B = 10% of half of Rs.50000 = 10% of Rs. 25000 = Rs.2500.

Amount received by A per annum for being a working partner = 1500 x 12 = Rs.18000

Let 'P' be the part of the remaining profit that A receives as his share.

So,total income of A = (Rs.2500 + Rs.18000 + Rs. P )

Total income of B = only his share from the remaining profit = 'P', as  A and B share the remaining profit equally.

 

We know that income of A = Twice the income of B 

So, (2500 + 18000 + P ) = 2(P)

P = 20500

 

Thus, the total profit = 2P + Rs.18000

= 2(20500) + 18000 = Rs.59000.

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Filed Under: Partnership

Q:

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A) 10000 and 15000 B) 15000 and 10000
C) 5000 and 20000 D) 20000 and 5000
 
Answer & Explanation Answer: A) 10000 and 15000

Explanation:

As both A and B invest the same amounts, the ratio of their profits at the end of the year is equal to the ratio of the time periods for which they have invested.

 

Thus, the required ratio of their profits = A : B = 8 : 12 = 2 : 3.

 

Hence, share of A in the total profit = 2 x 25000/5 = Rs.10000

 

Similarly, share of B in the total profit = 3 x 25000/5 = Rs.15000

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?

A) Rs.720 B) Rs.640
C) Rs.540 D) Rs.480
 
Answer & Explanation Answer: D) Rs.480

Explanation:

SP = Rs.800 ; Profit = 25%

 CP = SP x 100100+P% = 800 x 100100+25 = 640

 

 Now, CP = Rs.640

 

Loss = 25% = 25% of Rs.640 = Rs.160

 

Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk

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) 4% B) 5%
C) 6% D) 8%
 
Answer & Explanation Answer: A) 4%

Explanation:

SP of first article = Rs.1000

 

Profit = 20%

 CP = SP x 100100+P% = Rs. 25003

SP of Second Article = Rs.1000

 Loss = 20%

 CP = SP x 100100-L% = Rs. 1250

 

So, Total SP = Rs.2000; Total CP = Rs.6250/3

 

As the CP is more than SP, he makes a loss.

 

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

 

So, Loss Percent = Lossx100/CP = 4%

 

 

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

Q:

Tell me about a time you had to handle multiple responsibilities. How did you organize the work you needed to do?

Answer

Sample Response :


While attending college, I also worked at a law firm. I was successful because I practiced good time-management skills, and I made a to-do list every day. As I completed each task, I checked it off the list. It is funny how something so simple can keep you so organized. As a result of my to-do lists, I was able to visualize my daily progress.

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Subject: Adaptability

Q:

Are there any times where you had a conflict with a superior? If yes, how did you handle it and resolve it?

Answer

I have had differences of opinion with previous managers. Our disagreements were not significant, but some had to be confronted and resolved. I have learned that two parties typically quarrel when each one refuses to consider the other's perspective. Therefore, I asked the manager I disagreed with to explain his or her perspective, and then to consider my point of view. This way, we were able to take into account each other's perspective and come to an agreeable compromise. When a compromise could not be reached, I accepted my manager's decision. Regardless of individual perspectives, managers are responsible for setting policy, and subordinates are responsible for executing it.

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