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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.

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Filed Under: Simple Interest
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2 5532
Q:

The gas provider Centrica has seen its half-year profits fall by 20% to £992 million. Despite this it has decided to increase its dividend to shareholders to 3.9p per share. The rise in energy prices released before the announcement of Centrica's profits was designed, said the company, to restore "reasonable profitability". The chief executive, Sam Laidlaw, said, "We produced a good set of results in tough market conditions... we will continue to concentrate on improving customer service in British Gas..." This is an interesting statement given the record rise in prices to households. The announcement of profits which are not far off one billion pounds, a day after the announcement of the rise in price and the increase in dividend to shareholders, is likely to provoke angry reaction. Many will question the extent of the market power that Centrica possesses. There will also be those that will question what the phrase 'reasonable profitability' means in the context of profits of nearly one billion pounds.

Question: 1) Announcing large profits, soon after announcing price rises, is likely to provoke angry reaction.

Question: 2) Companies increase shareholder dividends when profits fall.

Question: 3) One way companies can restore profitability is to increase prices.

Answer

Answer 1) True


Answer 2) Cannot tell


Answer 3) True

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Subject: Deriving Conclusions From Passages Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE , TOEFL
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10 5528
Q:

English words with similar meaning

A) Relegate - Downgrade B) Beautiful - Ugly
C) Qualm - Confidence D) Generic - Branded
 
Answer & Explanation Answer: A) Relegate - Downgrade

Explanation:

Relegate means Assigning an inferior rank or position to. That means, downgrading or pulling down, lower a person.

 

All other options have words with opposite in meaning.

 

Hence, Relegate is an English word which is similar in meaning to Downgrade.

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Filed Under: English
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9 5528
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.

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Filed Under: Profit and Loss
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7 5525
Q:

 83% of 2350 = ?

A) 1889.95 B) 1912.35
C) 1875.25 D) 1950.50
 
Answer & Explanation Answer: D) 1950.50

Explanation:
83% of 2350 = ?
 
83/100 x 2350
 
=8.3 x 235
 
=1950.50
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Filed Under: Percentage
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12 5525
Q:

Joel travels the first 3 hours of his journey at 60 mph speed and the remaining 5 hours at 24 mph speed. What is the average speed of Joel's travel in kmph ?

A) 38 kmph B) 40 kmph
C) 60 kmph D) 54 kmph
 
Answer & Explanation Answer: C) 60 kmph

Explanation:

Average speed = Total distance / Total time.

Total distance traveled by Joel = Distance covered in the first 3 hours + Distance covered in the next 5 hours.

Distance covered in the first 3 hours = 3 x 60 = 180 miles
Distance covered in the next 5 hours = 5 x 24 = 120 miles

Therefore, total distance traveled = 180 + 120 = 300 miles.

Total time taken = 3 + 5 = 8 hours.

Average speed = 300/8 = 37.5 mph.

we know that 1 mile = 1.6 kms

=> 37.5 miles = 37.5 x 1.6 = 60 kms

Average speed in Kmph = 60 kmph.

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Filed Under: Time and Distance
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2 5520
Q:

City of lakes in India is

A) Madurai B) Bhubaneswar
C) Bangaluru D) Udaipur
 
Answer & Explanation Answer: D) Udaipur

Explanation:

Udaipur, a city in the state of Rajasthan which was named after the Maharana Udai Singh - II, is known for its beautiful artificial lakes around the city and lavish royal residences.

                        City_of_lakes_in_India_is1536651340.jpg image

Thus, Udaipur nickname is City of Lakes in India.

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Filed Under: General Awareness
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2 5510
Q:

What is 70 of 50?

A) 35 B) 38
C) 42 D) 44
 
Answer & Explanation Answer: A) 35

Explanation:

what is 70 of 50 means 70% of 50

 

⇒70 x 50100= 7 x 5= 35

 

Hence, 70 of 50 is 35.

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Filed Under: Percentage
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6 5507