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Q:

A : The Government has decided to roll back the hike in the prices of cooking gas and kerosene

B : Some ministers had resigned in protest against the hike in prices of cooking gas and other petroleum products.

A) If 'A' is the effect and 'B' is its immediate and principal cause.	B) If 'A' is the immediate and principal cause and 'B' is its effect
C) If 'A' is an effect but 'B' is not its immediate and principal cause	D) If 'B' is an effect but 'A' is not its immediate and principal cause

Answer & Explanation Answer: B) If 'A' is the immediate and principal cause and 'B' is its effect

Explanation:

Reduction of its stake in nationalised banks by the government is a steps towards privatisation of bank. And this is a reason of strike in bank by the bank employees.

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Filed Under: Cause and Effect Reasoning

Q:

ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. What is the loss incurred by ITC?

A) 1%	B) 2%
C) 4%	D) 0%

Answer & Explanation Answer: C) 4%

Explanation:

loss % = ${(\frac{c o m m o n g a i n o r l o s s}{10})}^{2}$ %

= (20/10)x(20/10)% = 4%

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

Q:

In a factory there are three types of Machines M1 , M2 and M3 which produces 25%, 35% and 40% of the total products respectively. M1, M2 and M3 produces 2% , 4% and 5% defective products, respectively. What is the percentage of non-defective products?

A) 89%	B) 97.1%
C) 96.1%	D) 86.1%

Answer & Explanation Answer: C) 96.1%

Explanation:

Non- defective products

$\frac{25 x 0.98 + 35 x 0.96 + 40 x 0.95}{100} x 100 = 96.1$

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

Q:

The Shopkeeper increased the price of a product by 25% so that customer finds it difficult to purchase the required amount. But somehow the customer managed to purchase only 70% of the required amount. What is the net difference in the expenditure on that product?

A) 10% more	B) 5% more
C) 12.5% more	D) 17.5% more

Answer & Explanation Answer: C) 12.5% more

Explanation:

Quantity X Rate = Price

1 x 1 = 1

0.7 x 1.25 = 0.875

Decrease in price = (1-0.875) x 100 = 12.5%

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Filed Under: Percentage

Q:

How do you go about familiarizing yourself with the products you sell?

Answer

Retail products often change seasonally. Can you quickly update yourself on all the new information so you can be prepared to sell the new inventory to customers as soon as it lands on the shelf

Workspace

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Subject: Retail

Q:

The world's largest biofuel plant with production capacity of 110 million liters of fuel annually has been set up in

A) China	B) India
C) Brazil	D) USA

Answer & Explanation Answer: C) Brazil

Explanation:

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Filed Under: General Awareness

Q:

Product of two co-prime numbers is 117. Their L.C.M should be

A) 1	B) 117
C) Equal to their H.C.F	D) cannot be calculated

Answer & Explanation Answer: B) 117

Explanation:

H.C.F of co-prime numbers is 1. So, L.C.M = 117/1 =117

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Filed Under: HCF and LCM

Q:

The product of two numbers is 4107. If the H.C.F of these numbers is 37, then the greater number is

A) 101	B) 107
C) 111	D) 185

Answer & Explanation Answer: C) 111

Explanation:

Let the numbers be 37a and 37b. Then , 37a x 37b =4107 => ab = 3.

Now co-primes with product 3 are (1,3)

So, the required numbers are (37 x 1, 37 x 3) i.e, (37,111).

Therefore, Greater number = 111.

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Filed Under: HCF and LCM

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