GATE Questions

Q:

The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?

A) Loss of 12.5% B) Profit of 12.5%
C) Loss of 24.5% D) Profit of 22.5%
 
Answer & Explanation Answer: A) Loss of 12.5%

Explanation:

Let the cost price be Rs. 100
Then, market price is Rs. 140
Now, the first discount is of 28.57% Rs.140 =~ Rs. 40
Hence, its selling price = 140 - 40 = Rs. 100
Now since Rana is selling at cost price, any further discount will be equal to loss percentage.
The next dicount of 12.5% will be the loss percentage to Rana.

Report Error

View Answer Report Error Discuss

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

11 9702
Q:

A drink vendor has 368 liters of Maaza, 80 liters of Pepsi and 144 liters of Sprite. He wants to pack them in cans, so that each can contains the same number of liters of a drink, and doesn't want to mix any two drinks in a can. What is the least number of cans required ?

A) 47 B) 46
C) 37 D) 35
 
Answer & Explanation Answer: C) 37

Explanation:

The number of liters in each can = HCF of 80, 144 and 368 = 16 liters.
Number of cans of Maaza = 368/16 = 23
Number of cans of Pepsi = 80/16 = 5
Number of cans of Sprite = 144/16 = 9
The total number of cans required = 23 + 5 + 9 = 37 cans.

Report Error

View Answer Report Error Discuss

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

31 9686
Q:

If 4th december 1999 is Monday then what day is 3rd january 2000 ?

A) Sunday B) Monday
C) Tuesday D) Wednesday
 
Answer & Explanation Answer: D) Wednesday

Explanation:

Here from 4th December 1999 to 3rd January 2000,
there is a difference of 30 days.
Number of odd days = 30/7 = 2 odd days

Then no. of odd days = 2 => tuesday and wednesday(from monday).

Hence on 3rd january it is wednesday.

Report Error

View Answer Report Error Discuss

Filed Under: Calendar
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

17 9675
Q:

When Raj Tarun was born, his father was 32 years older than his brother and his mother was 25 years older than his sister. If Raj Tarun's brother is 6 years older than Raj Tarun and his mother is 3 years younger than his father, how old was Raj Tarun's sister when Raj Tarun was born ?

A) 5 B) 10
C) 15 D) 8
 
Answer & Explanation Answer: B) 10

Explanation:

Raj Tarun's age = 0 when he was born.
Then, given his brother is 6 years old.
Then his father is 6 + 32 = 38 when Raj Tarun was born
And his mother is 3 years yonger than his father => so his mother was 35 years old when Raj Tarun was born
and his sister is 25 year younger than his mother
so Raj Tarun's sister was 10 years old when Raj Tarun was born.

Report Error

View Answer Report Error Discuss

Filed Under: Problems on Ages
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

12 9669
Q:

How many days in 4 years?

A) 1460 B) 1461
C) 1462 D) 1459
 
Answer & Explanation Answer: A) 1460

Explanation:

Days in 4 years => 

Let the first year is Normal year i.e, its not Leap year. A Leap Years occurs once for every 4 years.

4 years => 365 + 365 + 365 + 366(Leap year)

4 years => 730 + 731 = 1461

 

Therefore, Number of Days in 4 Years = 1461 Days.

Report Error

View Answer Report Error Discuss

Filed Under: Calendar
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
Job Role: Analyst , Bank Clerk , Bank PO

23 9657
Q:

Running 3/4th of his usual rate, a man is 15min late. Find his usual time in hours  ?

A) 2/3 hrs B) 3/4 hrs
C) 1/3 hrs D) 1/4 hrs
 
Answer & Explanation Answer: B) 3/4 hrs

Explanation:

Walking at 3/4th of usual rate implies that time taken would be 4/3th of the usual time. In other words, the time taken is 1/3rd more than his usual time

 

so 1/3rd of the usual time = 15min
or usual time = 3 x 15 = 45min = 45/60 hrs = 3/4 hrs.

Report Error

View Answer Report Error Discuss

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

5 9642
Q:

If 35% of a number is 24 less than 50% of that number, then the number is ?

A) 80 B) 160
C) 100 D) 120
 
Answer & Explanation Answer: B) 160

Explanation:

Let the number be n. Then,

50% of n - 35% of n = 24

50/100 n - 35/100 n = 24

n = (24 x 100)/15 = 160.

Report Error

View Answer Report Error Discuss

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

8 9640
Q:

The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8,748, its purchase price was ?

A) Rs.14,000 B) Rs.12,000
C) Rs. 12,800 D) Rs. 15,000
 
Answer & Explanation Answer: B) Rs.12,000

Explanation:

We have P = 8748, R = -10 and n = 3
Therefore, the purchase price of the machine
= P1+R100n= 87481-101003
= 8748 x (100/90) x (100/90) x (100/90)
= 12,000.

 

Therefore, the purchase price of the machine was Rs. 12,000.

Report Error

View Answer Report Error Discuss

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

7 9634