Quant Quiz (Profit and Loss )
Q1.A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs. 36. What is the cost price of each camera?
(a)100 (b)150 (c)180 (d)220 (e)None of these
Q2.A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the tea at the marked price to a customer. What is profit percentage of retailer?
(a)30% (b)12% (c)16.66% (d)25% (e)None of these
Q3.Titan sells a wrist watch to a wholesaler making a profit of 10%. The wholesaler, in turn, sells it to the retailer making a profit of 10%. A customer purchases it by paying Rs. 990. Thus the profit of retailer is 23/11% What is the cost incurred by the Titan to produce it?
(a)768 (b)750 (c)800 (d)820 (e)None of these
Q4.A company instead of raising the mark-up by 20% discounted the cost price by 20% while stiching the price tag on its product. Further the company offers a discount of 6.25% to its customer. In this process company incurs a loss of Rs. 37.5 on a single article. What is the selling price of that article?
(a)417.5 (b)112.5 (c)365.5 (d)412.5 (e)None of these
Q5.A milkman mixes 10% water in pure milk but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of milkman if he sells it at cost price:
(a)11.11% (b)20% (c)21% (d)12.1% (e)None of these
Q6.A person sold an electronic watch at Rs. 96 in such a way that his percentage profit is same as the cost price of the watch. If he sells it at twice the percentage profit of its previous percentage profit then new selling price will be:
(a)Rs.132 (b)Rs.150 (c)Rs.192 (d)Rs.180 (e)None of these
Q7.A trader mixes 25% kerosene to his petrol and then he sells the whole mixture at the price of petrol. If the cost price of kerosene be 50% of the cost price of petrol, what is the net profit percentage?
(a)111/9% (b)121/9% (c)91/11% (d)20% (e)None of these
Q8.The profit percentage of A and B is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while B calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?
(a)Rs.360 (b)Rs.60 (c)Rs.540 (d)Rs.450 (e)None of these
Q9.Abhishek and Bhanu both are dealers of KML scooters. The price of a KML Scooter is Rs. 28,000. Abhishek gives a discount of 10% on whole, while Bhanu gives a discount of 12% on the first Rs. 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling prices?
(a)Rs.240 (b)Rs.420 (c)Rs.640 (c)Rs.740 (e)None of these
Q10.A scientific calculator is available at Universal Shoppe in Hazratganz at 20% discount and the same is available at only 15% discount at Universal Shoppe Bhootnath Market. Ms. Agrawal has just sufficient amount of Rs. 800 to purchase it at Universal Shoppe Hazratganz. What is the amount that Ms. Agrawal has less than the required amount to purchase it at Universal Shoppe Bhootnath?
(a)Rs.70 (b)Rs.50 (c)Rs.100 (d)Data insufficient (e)None of these
Answers 1.C 2.C 3.C 4.B 5.C 6.A 7.A 8.B 9.A 10.B
1.C 2.C 3.C 4.B 5.C 6.A 7.A 8.B 9.A 10.B
Directions: Study the following information carefully and answer the following questions given below:
A × B means A is sister of B.
A + B means A is mother of B.
A – B means A is father of B
A ÷ B means A is brother of B.
Q1. If W + T ÷ V × S – C, then how is W related to C?
1) Daughter 2) Son 3) Grandmother 4) Grandchild 5) Other than given options
Q2. Y is daughter of Z. Y and U are siblings. U is father of A. B is father of C. B and Y are couples. What is the relation between C and U?
1) Niece 2) Nephew 3) Daughter 4) Other than given options 5) Can’t be determined
Q3. There are chances of hike in the crude–oil tariff soon. This proposal will bring about a sharp increase for the industrial consumers and marginal increase for the domestic consumers. What is the conclusion of the given paragraph?
1) At present, there is a disparity in the petrol/diesel tariff between domestic and industrial consumers.
2) Industrial consumers consume more oil in comparison with individual/ domestic consumers.
3) After this hike, petroleum companies will start to get increase in profit.
4) If this proposal is accepted, then industrial output will get positively affected.
5) Other than given options
Q4. “ASSOCHAM establishes GLOBAL INVESTORS’ INDIA FORUM”—An advertisement launched by Indian government. Which of the following can be an assumption of the advertisement?
1) Other countries will also organise this kind of forum.
2) These seminars are just gimmick by the advertiser to attract globally investment interesting countries.
3) There will be countries who will respond to this kind of forums.
4) The advertisement many a time turns out to be exaggerated.
5) None of these
Directions: Following are the criteria for selection of an officer in ITC.
The candidate must:
(i) have passed HSC examination in first class with at least 60% marks.
(ii) have passed graduation degree in any discipline with at least 55% marks.
(iii) have completed a certificate/diploma/degree course in Computer Science.
(iv) be not less than 21 years or more than 30 years of age as on 01.07.2014
If a candidate satisfies all the above mentioned criteria except–
(a) at (ii) above but is a postgraduate, the case may be referred to the Executive Director (ED).
(b) at (iii) above but studied Computer Science as one of subjects of curriculum, the case may be referred to the Vice President (VP).
In each of the following question below, information of one candidate is given. You have to take one of the following five decisions based on the information provided and the criteria and conditions given above. You are not to assume anything other than the information provided in each question. All these cases are given to you as on 01.07.2014. You have to indicate your decision by making to each question as follows: Give answer
1) if the case is to be referred to ED.
2) if the case is to be referred to VP.
3) if the candidate is to be selected.
4) if the candidate is not selected.
5) if the information is inadequate to take a decision.
Q5. Ruhi is B.Com graduate passed in second class with 56% marks. She had passed HSC in second class with 59% marks. She has also completed a Computer diploma with 56% marks. Her date of birth is 11.05.1988.
Q6. Rohit is Bsc with Computer science passed in second class with 58% marks. He had passed HSC examination in first class with 76% marks. He completed 25 years of age in December 2013.
Q7. Joseph has passed BMS degree examination in second class with 58% marks and HSC in first class with 65% marks. He has completed a diploma in Computer Science. He completed 25 years of age in November 2013.
Q8. Karthik is a BA passed with 63% marks. He had passed HSC examination with 69% marks. He has also completed a certificate course in Computer Science with ‘A’ grade. Her date of birth is 23.09.1990.
Q9. Osheen is a science graduate passed in 2012 with 47% at the age of 22 years. She has scored 64% marks in HSC. She has also passed MSC with 58% marks. She has done a certificate course in Computers.
Answers 1. 3 2. 5 3. 4 4. 5 5. 4 6. 3 7. 3 8. 3 9. 1
1. 3 2. 5 3. 4 4. 5 5. 4 6. 3 7. 3 8. 3 9. 1
Directions (Q. 1-5): In the following questions, a sentence has been given with some of its parts in bold. To make the sentence correct, you have to replace the bold part with the correct alternative given below. If the sentence is correct as it is, please give 5) as you answer (ie No correction required).
Q1. There was a question about Nepoleon in the exam, thank goodness I brushed over on him.
1) brushed aside on him 2) brushed up on him 3) brushed on him 4) brushed about on it
5) No correction required.
Q2. Rajeev is working part time in a factory to put himself on college.
1) put himself in 2) put himself about 3) put him throughout 4) put himself through
5) No correction required.
Q3. The number of tourists begins to taper off in late autumn.
1) taper on 2) taper down 3) tapering 4) taper up 5) No correction required.
Q4. The committee rejected the idea at the first, but they are now warming to it.
1) the idea at first 2) the idea first 3) idea at the first 4) ideas about the first 5) No correction required.
Q5. Rosa was cautioned by the police and she was scared that news of this would get out in her home town.
1) would get off 2) would get up 3) would get around 4) will get about 5) No correction required.
Directions (Q. 6-10): Rearrange the following six sentence (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph and then answer the questions given below.
(A) But for its survival, it needs food.
(B) This is nature is its true form.
(C) A jellyfish sometimes swallows a snail and since the snail is protected in the shell, it remains alive.
(D) So, it starts eating the jellyfish from inside and keeps growing till it consumes the entire jellyfish.
(E) It is always the enemy within that consumes and destroys society.
(F) It is difficult to change.
Q6. Which of the following would be the FIRST sentence after rearrangement?
1) B 2) D 3) A 4) C 5) F
Q7. Which of the following would be the THIRD sentence after rearrangement?
1) C 2) D 3) A 4) B 5) E
Q8. Which of the following would be the FIFTH sentence after rearrangement?
1) E 2) B 3) C 4) D 5) F
Q9. Which of the following would be the LAST (SIXTH) sentence after rearrangement?
1) D 2) A 3) E 4) B 5) C
Q10. Which of the following would be the SECOND sentence after rearrangement?
1) A 2) C 3) B 4) D 5) E
Answers 1. 2 2. 4 3. 5 4. 1 5. 3 6. 4 7. 2 8. 5 9. 3 10. 1
1. 2 2. 4 3. 5 4. 1 5. 3 6. 4 7. 2 8. 5 9. 3 10. 1
Q1. What is the newest type of database, which is well suited for multimedia applications, called?
a) Object-oriented database b) Client/server database c) Data warehouse d) Multimedia database
e) None of the above
Q2. What does dots per inch (DPI) measure?
a) number of bits it takes to represent each color b) refers to the output resolution of a printer or imagesetter
c) the density of bits on a disk d) density of graphic files stored on a hard disk e) None of the above
Q3. An image on a computer screen is made up of a matrix of what?
a) Byte b) Pixels c) Bit d) Palette e) None of the above
Q4. What type of software creates a smaller file that is faster to transfer over the Internet?
a) MPEG b) Unzipped c) Fragmentation d) Compression e) None of the above
Q5. What is a popular program for creating documents that can be read on both a PC and a Macintosh computer?
a) Microsoft Word b) Adobe In Design c) Adobe Acrobat d) QuarkXPress e) None of the above
Q6. A unit of computer information that contains data as well as all the procedures or operations is called?
a) A method b) Encapsulation c) An object d) An OOP e) None of the above
Q7. The world’s first truly cross-platform programming language is called?
a) C++ b) Java c) Visual Basic.NET d) Smalltalk e) None of the above
Q8. The type of printer that prints by selectively unchanging static electricity from spots on a metal drum is a(n)?
a) Plotter b) Dot-matrix printer c) Laser printer d) Ink-jet printer e) None of the above
Q9. The most widely used type of database management system is the?
a) Flat database b) Network database c) Relational database d) Hierarchical database
d) None of the above
Q10. What do the circles on a data flow diagram represent?
a) Data sources and destinations b) Data flows c) Transformation processes d) Data stores
e) None of the above
Answers 1. a 2. b 3. b 4. d 5. c 6. c 7. b 8. c 9. c 10. c
1. a 2. b 3. b 4. d 5. c 6. c 7. b 8. c 9. c 10. c