Searching for "5%"

Q:

A girl counted in the following way on the fingers of her left hand : She started by calling the thumb 1, the index finger 2, middle finger 3, ring finger 4, little finger 5 and then reversed direction calling the ring finger 6, middle finger 7 and so on. She counted upto 1995. She ended counting on which finger ?

A) Thumb B) Index finger
C) Ring finger D) Middle finger
 
Answer & Explanation Answer: D) Middle finger

Explanation:

Clearly, while counting the numbers associated to the thumb will be 1,9,17,25,.........
i.e., numbers of the form (8n + 1 ).
where n=1,2,3...
Since 1994 = 249 × 8 + 2, so 1993 shall correspond to the thumb and 1994 to the index finger and 1995 to the middle finger.

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Filed Under: Arithmetical Reasoning
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Q:

In a certain store, the profit is 320% 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) 60% B) 50%
C) 70% D) 45%
 
Answer & Explanation Answer: C) 70%

Explanation:

Let C.P.= Rs. 100.
Then, Profit = Rs. 320,
S.P. = Rs. 420.

New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.

Profit = Rs. (420 - 125) = Rs. 295

Required percentage = (295/420) * 100
= 70%(approx)

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Filed Under: Profit and Loss
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Q:

By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at ?

A) Rs. 145 B) Rs. 245.1
C) Rs. 96 D) Rs. 75
 
Answer & Explanation Answer: C) Rs. 96

Explanation:

Michel earns Rs. 135 by investing Rs. 1620
To earn Rs. 8 how much he have to invest...?

= (8 x 1620)/135 = Rs. 96

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Filed Under: Stocks and Shares
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Q:

A rectangular grassy plot 120 m. by 60 m has a gravel path 1.5 m wide all round it on the inside. Find the cost of gravelling the path at 65 paise per sq. metre ?

A) Rs. 345.15 B) Rs. 245.1
C) Rs. 234.18 D) Rs. 456.65
 
Answer & Explanation Answer: A) Rs. 345.15

Explanation:

area of the plot = 120m x 60m = 7200 sq.m
area of plot excluding gravel = 117m x 57m = 6669 sq.m
area of gravel = 7200 sq.m - 6669 sq.m = 531 sq.m
cost of building it = 531 sq.m x 65 ps = 34515 ps
In Rs. = 34515/100 = Rs. 345.15.

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Filed Under: Area
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Q:

The total of the ages of Ashok, Akbar and Anil is 65 years. What was the total of their ages six years ago ?

A) 59 B) 43
C) 57 D) 47
 
Answer & Explanation Answer: D) 47

Explanation:

Let their ages be x, y, z
Hence given that x + y + z = 65
Now, six years ago x age is x - 6, y is y - 6 and that of z is z - 6
Then the sum of their ages six years ago is (x + y + z) - (6 + 6 + 6) = 65 - 18 = 47

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Filed Under: Problems on Ages
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Q:

At a game of billiards, A can give B 20 points in 60 and A can give C  15 points in 60. How many points can C give B in a game of 90 ?

A) 9 points B) 10 points
C) 11 points D) 8 points
 
Answer & Explanation Answer: B) 10 points

Explanation:

a:b = 60:40
a:c = 60:45
c/a x a/b = 45/60 x 60/40 = 45/40 = 90/80
So C gives B => 10 points.

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Filed Under: Ratios and Proportions
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Q:

How many digits will be there to the right of the decimal point in the product of 85.44 and .08455 ?

A) 7 B) 5
C) 4 D) 6
 
Answer & Explanation Answer: D) 6

Explanation:

Sum of decimal places = 7.

Since the last digit to the extreme right will be zero (since 4 x 5 = 20), so there will be 6 significant digits to the right of the decimal point.

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Filed Under: Numbers
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Q:

Last year vivek saved 10% of his annual earnings, this year he earned 5% more than last year and he saved 12% of his annual earnings. The amount saved this year was what percentage of the amount saved last year ?

A) 87% B) 98%
C) 138% D) 126%
 
Answer & Explanation Answer: D) 126%

Explanation:

Suppose total earnings = Rs. 10000
10% saving = 10000 x (10/100) = Rs. 1000
This year 5% more income than prev year = Rs. 10500
12% saving = 10500 x (12/100) = Rs. 1260
Percentage of amount saved = (1260/1000) x 100 = 126%

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Filed Under: Percentage
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