GATE Questions

Q:

In an exhibition, Almond bought a painting for Rs. 20000. He later sold it to Olive for Rs. 23000. Olive sold it to Sarah for double the profit percentage that Almond earned. At what price should Sarah sell this painting to earn 8% profit ?

A) Rs. 34,410 B) Rs. 31,184
C) Rs. 29,999 D) Rs. 32,292
 
Answer & Explanation Answer: D) Rs. 32,292

Explanation:

Almond Selling price = CP(1 + P%/100)

=> CP = 20000, SP = 23000

=> 23000 = 20000 (1 + P/100)

=> P% = 100(23000/20000 - 1) = 15

Then, Olive's P% = 30%

SP for Olive = CP for Sarah = 23000(1 + 30/100) = 29900

Now Sarah wants to earn profit of 8%

=> Sp for Sarah = 29900(1 + 8/100)

= Rs. 32,292.

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Filed Under: Profit and Loss
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11 5012
Q:

Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

A) Rs, 1109 B) Rs. 1107
C) Rs. 1111 D) Rs. 1113
 
Answer & Explanation Answer: B) Rs. 1107

Explanation:

From the given data,

K's profit : L's profit = 7x x 11 : 9x x 7

= 11:9

Therefore, L's profit = 9 x 2460/20 =  Rs. 1107

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Filed Under: Partnership
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8 5005
Q:

Three friends Rudra, Siva and Anvesh start to run around a circular stadium. They complete a revolution in 24, 36 and 30 seconds respectively. After how many minutes will they meet at the starting point ?

A) 60 B) 120
C) 360 D) 6
 
Answer & Explanation Answer: D) 6

Explanation:

For this we have to find the LCM of 24, 36 and 30

LCM of 24, 36 and 30 = 360 sec

360/60 min = 6 minutes.

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Filed Under: Time and Distance
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10 5001
Q:

One lady has 2 children, one of her child is boy, what is the probability of having both are boys ?

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

Explanation:

In a family with 2 children there are four possibilities:
1) the first child is a boy and the second child is a boy (bb)
2) the first child is a boy and the second child is a girl (bg)
3) the first child is a girl and the second child is a boy (gb)
4) the first child is a girl and the second child is a girl (gg)

But already given that one child is boy. So we have three possibilities of (bb)(bg)(gb).
n(E)= both are boys=BB=1
n(S)= 3
Required probability P = n(E)/n(S) = 1/3.

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Filed Under: Probability
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10 5000
Q:

A secret can be told to only 3 persons in 3 minutes. Each person in turn tells 3 other persons in the next 3 minutes and the processes continues accordingly. In 30 minutes how many persons can be told this secret in this way ?

A) 88572 B) 77854
C) 99584 D) 55654
 
Answer & Explanation Answer: A) 88572

Explanation:

Given a secret is told to 3 persons in 3 minutes.
And if the process continues with each person saying 3 other persons,
In 30 minutes => the rocess for 10 times because each person time is 3 minutes.
Required number of persons = 3 + 32 + 33 + .... + 39 + 310

 

Now it forms a geometric progression,

 

Sum to n terms is S = arn - 1r - 1

 

Here a = 3, r = 3

 
=> 59048 x 3 /2

 

= 88572.

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Filed Under: Simplification
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5 4995
Q:

The probability that a bowler bowled a ball from a point will hit by the batsman is ¼. Three such balls are bowled simultaneously towards the batsman from that very point. What is the probability that the batsman will hit the ball ?

A) 37/64 B) 27/56
C) 11/13 D) 9/8
 
Answer & Explanation Answer: A) 37/64

Explanation:

Probability of not hitting the ball = 1- 1/4 =IBPS RRB Clerk Level Quiz : Quantitative Aptitude | 11 -09 - 17
Then, the probability that the batsman will hit the ball =IBPS RRB Clerk Level Quiz : Quantitative Aptitude | 11 -09 - 17

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Filed Under: Probability
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14 4995
Q:

A shopkeeper sells two articles at Rs.1000 each, making a profit of 30% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes ?

A) 0.85 % B) 0.95 %
C) 1.0 % D) 1.3 %
 
Answer & Explanation Answer: B) 0.95 %

Explanation:

SP of first article = 1000
Profit = 30%
CP = (SP)x[100/(100+P)] = 10000/13

SP of second article = 1000
Loss = 20%
CP = (SP)x[100/(100-L)] = 5000/4 = 1250

Total SP = 2000

Total CP = 10000/13 + 1250 = 2019.23

CP is more than SP, he makes a loss.

Loss = CP-SP = 2019.23 - 2000 = 19.23
Loss Percent = [(19.23)/(2019.23)]x100 = 0.95 %.

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Filed Under: Profit and Loss
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6 4994
Q:

The ratio between present ages of Renuka and Sony is 5 : 4 . 4 years ago, Sony's age was 24 years. What will be Renuka's age after 5 years ?

A) 25 B) 30
C) 35 D) 40
 
Answer & Explanation Answer: D) 40

Explanation:

Present age of Sony = 24 + 4 = 28 years

After 5 years Renuka's age = 7×5 + 5 = 40 years

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Filed Under: Problems on Ages
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8 4989