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Q:

An oil refinery buys oil at Rs 3600 per barrel. There is 10% wastage. If the refinery wants to earn 5% profit then at what price should it sell including 8% tax on selling price? (in Rs per barrel)

A) 3674 B) 3711
C) 4219 D) 4536
 
Answer & Explanation Answer: D) 4536

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Filed Under: Average
Exam Prep: Bank Exams

Q:

Before a battle there were the ratio of captains to soldiers was 2 : 7. During the war 25 captains and 100 soldiers were martyred. The new ratio of captains to soldiers became 3 : 10. What is the number of soldiers after the war?

A) 250 B) 200
C) 150 D) 100
 
Answer & Explanation Answer: A) 250

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

Q:

The price of a product after getting 20% discount is Rs 3,024 which includes 5% tax on selling price. What was the marked price (in Rs) of the product?

A) 3780 B) 2742
C) 3600 D) 2880
 
Answer & Explanation Answer: C) 3600

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

If the cost price of an article is Rs x . It is marked up by 100%. It is sold at Rs 1,200 after giving 20% discount. What is value of x?

A) 750 B) 1500
C) 1000 D) 2000
 
Answer & Explanation Answer: A) 750

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

If A, B and C can do a job working alone in 12, 18 and 36 days respectively. They all work together for 2 day, then B quits. How many days will A and C take to finish rest of the job?

A) 9 B) 6
C) 3 D) 4
 
Answer & Explanation Answer: B) 6

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Filed Under: Time and Work
Exam Prep: Bank Exams

Q:

A and B started a partnership business investing some amount in the ratio of 5 : 6. C joined then after 6 months with an amount equal to 2/3rd of B. What was their profit (in Rs) at the end of the year if C got Rs 21,600 as his share?

A) 46800 B) 56160
C) 70200 D) 1,40,400
 
Answer & Explanation Answer: D) 1,40,400

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Filed Under: Partnership
Exam Prep: Bank Exams

Q:

In what ratio should tea costing Rs 300/kg be mixed with tea costing Rs 200/kg so that the cost of the mixture is Rs 225/kg?

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

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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams

Q:

If a dairy mixes cow's milk which contains 10% fat with buffalo's milk which contains 20% fat, then the resulting mixture has fat (120/7)% of fat. What ratio was the cow's milk mixed with buffalo's milk?

A) 2 : 5 B) 1 : 5
C) 2 : 3 D) 2 : 1
 
Answer & Explanation Answer: A) 2 : 5

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Filed Under: Alligation or Mixture
Exam Prep: Bank Exams