GATE Questions

Q:

Sreya bought a plot for Rs. 6,00,000,  then sold half of the plot at 10 % profit and rest at 15% profit. What is the total profit % that Sreya gain? 

A) 13.8 % B) 11.4 %
C) 12.5 % D) 14.5 %
 
Answer & Explanation Answer: C) 12.5 %

Explanation:

10% profit at half plot = 600000/2 x 10/100 = Rs. 30,000

15% profit at remaining half plot = 600000/2 x 15/100 = Rs. 45,000

Now, total profit = 30000 + 45000 = 75000

Profit % = 75000/600000 x 100 = 12.5 %

Report Error

View Answer Report Error Discuss

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

15 5425
Q:

A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?

A) Rs. 316 B) Rs. 251
C) Rs. 154 D) Rs. 294
 
Answer & Explanation Answer: A) Rs. 316

Explanation:

S.I. for 2 years = (514 - 415) = Rs. 99
S.I. for 1 year = 99/2

Principal = (415 - 99) = Rs. 316.

Report Error

View Answer Report Error Discuss

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

2 5424
Q:

60 percent of 2/7 of three-fourth of a number is 2664. What is the number ?

A) 20720 B) 21352
C) 25421 D) 24150
 
Answer & Explanation Answer: A) 20720

Explanation:

Let N be the required number. 

=> 60100x27x34xN=2664  

=> N = 2664x2x7x5/9  

=> N = 20720.

Report Error

View Answer Report Error Discuss

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

10 5420
Q:

Watson bought a book for Rs. 240 and sold to Johny at a profit  of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?

A) Rs. 450 B) Rs. 360
C) Rs. 415 D) Rs. 500
 
Answer & Explanation Answer: D) Rs. 500

Explanation:

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

Report Error

View Answer Report Error Discuss

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

7 5413
Q:

Mohan was married 5 years ago. At present his age is 6/5 times of his age at the time of marriage. His wife is 3 year younger to him. Find his wife’s present age?

A) 21 yrs B) 24 yrs
C) 27 yrs D) 30 yrs
 
Answer & Explanation Answer: C) 27 yrs

Explanation:

Let Mohan present age = p

ATQ,

5/6 x p = p - 5

p = 30

His wifes age = 30 - 3 = 27 yrs.

Report Error

View Answer Report Error Discuss

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

14 5408
Q:

M, N and O can complete the work in 18, 36 and 54 days respectively. M started the work and worked for 8 days, then N and O joined him and they all worked together for some days. M left the job one day before completion of work. For how many days they all worked together?

A) 4 B) 5
C) 3 D) 6
 
Answer & Explanation Answer: B) 5

Explanation:

Let M, N and O worked together for x days.

From the given data,
M alone worked for 8 days
M,N,O worked for x days
N, O worked for 1 day

But given that
M alone can complete the work in 18 days
N alone can complete the work in 36 days
O alone can complete the work in 54 days

The total work can be the LCM of 18, 6, 54 = 108 units

M's 1 day work = 108/18 = 6 units
N's 1 day work = 108/36 = 3 units
O's 1 day work = 108/54 = 2 units

Now, the equation is
8 x 6 + 11x + 5 x 1 = 108
48 + 11x + 5 = 108
11x = 103 - 48
11x = 55
x = 5 days.

Hence, all M,N and O together worked for 5 days.

Report Error

View Answer Report Error Discuss

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

3 5404
Q:

Which battle established British supremacy in India?

A) The Battle of Buxar B) The Battle of Plassey
C) The Battle of Mysore D) The Battle of Samergarh
 
Answer & Explanation Answer: B) The Battle of Plassey

Explanation:

The Battle of Plassey in the year 1757, victory of British East India company over Nawab of Bengal established British supremacy in India. The victory came under the leadership of Robert Clive.

Report Error

View Answer Report Error Discuss

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

4 5392
Q:

What will be added to the unit digits of the number 86236 so that number will be divisible by 9  ?

A) 1 B) 2
C) 3 D) 0
 
Answer & Explanation Answer: B) 2

Explanation:

A number is divisible by 9 only if the sum of the digits of the number is divisible by 9.

Here 86236 = 8 + 6 + 2 + 3 + 6 = 25

We must add 2 to 25 to become 27 which is divisible by 9.

Report Error

View Answer Report Error Discuss

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

4 5391