Directions for 1 to 10:
For the
following questions, four options are given. Choose the best option.
1. A man would gain 20% by selling a chair for Rs.47.5 and would gain 15% by selling a table for Rs.57.5. He sells the chair for Rs.36. What is the least price for which he must sell the table to avoid any loss on the two items together?
A. Rs.50.2
B. Rs.55.8
C. Rs.60
D. Rs.53.6
2. The cost of 4 apples and 5 mangoes is Rs 35. The cost of an apple increases by 40% and the cost of a mango decreases by 40%. If the new cost of 4 apples and 5 mangoes is Rs.29, then the total cost of one apple and one mango is
A. Rs.7.50
B. Rs.10
C. Rs.4
D. Rs.8
3. A fruit seller has 24 kg of apples. He sells a part of them at 20% gain and the balance at a loss of 5%. If on the whole he earns a profit of 10%, then the quantity of apples sold at a loss is
A. 6 kg
B. 4.6 kg
C. 9.6 kg
D. 11.4 kg
4. A cycle dealer buys 30 bicycles for Rs.4725, of which 8 are first grade and the rest are second grade. At what price must he sell the first grade bicycles, so that if he sells the second grade bicycles at three quarter of this price, he makes a profit of 40% on his outlay?
A. Rs.291
B. Rs.312
C. Rs.270
D. Rs.300
5. Three partners invested capital in the ratio 2 : 7 : 9. The time period for which each of them invested was in a ratio of the reciprocals of the amount invested. Find the share of the partner who bought in the highest capital, if profit is Rs.1080.
C. Rs.4
D. Rs.8
3. A fruit seller has 24 kg of apples. He sells a part of them at 20% gain and the balance at a loss of 5%. If on the whole he earns a profit of 10%, then the quantity of apples sold at a loss is
A. 6 kg
B. 4.6 kg
C. 9.6 kg
D. 11.4 kg
4. A cycle dealer buys 30 bicycles for Rs.4725, of which 8 are first grade and the rest are second grade. At what price must he sell the first grade bicycles, so that if he sells the second grade bicycles at three quarter of this price, he makes a profit of 40% on his outlay?
A. Rs.291
B. Rs.312
C. Rs.270
D. Rs.300
5. Three partners invested capital in the ratio 2 : 7 : 9. The time period for which each of them invested was in a ratio of the reciprocals of the amount invested. Find the share of the partner who bought in the highest capital, if profit is Rs.1080.
A. Rs.540
B. Rs.360
C. Rs.420
D. Rs.720
6. A person invests Rs.14340 in stocks when they are at Rs. and sells when they are at Rs.93.25. What is his gain?
A. Rs.450
B. Rs.380
C. Rs.580
D. Rs.490
7. A person possesses Rs.3200 stock at 3%. He sells all the stocks at Rs. per share. He invests the proceeds in railway shares at Rs.56 per share, which pays per share 5% interest on Rs.45 (face value) as same price. How much is his income altered by the transaction?
A. Rs.25.50
B. Rs.32.25
C. Rs.20.32
D. Rs.28.75
8. A person sells Rs.5000 of 3% stock and buys 3.5% stock at Rs.87.5. If the increase in his income is Rs.5, then the price of the 3% stock is
A. Rs.80
B. Rs.82
C. Rs.77.5
D. Rs.78.5
9. The amount of stock of face value Rs. 100 each to be bought @ 3% at Rs. which is sold at Rs. and a profit of Rs.45 is made, is
A. Rs.1800
B. Rs.2000
C. Rs.2200
D. Rs.2500
10. A man invests in a company having face value of shares Rs.25 and pays 9% dividend p.a. The actual rate of return for the man turns out to be 10% on his investment. At what price did he buy the shares?
A.Rs.23.25
B.Rs.22.50
C. Rs.22.75
D. Rs.21.75
B. Rs.360
C. Rs.420
D. Rs.720
6. A person invests Rs.14340 in stocks when they are at Rs. and sells when they are at Rs.93.25. What is his gain?
A. Rs.450
B. Rs.380
C. Rs.580
D. Rs.490
7. A person possesses Rs.3200 stock at 3%. He sells all the stocks at Rs. per share. He invests the proceeds in railway shares at Rs.56 per share, which pays per share 5% interest on Rs.45 (face value) as same price. How much is his income altered by the transaction?
A. Rs.25.50
B. Rs.32.25
C. Rs.20.32
D. Rs.28.75
8. A person sells Rs.5000 of 3% stock and buys 3.5% stock at Rs.87.5. If the increase in his income is Rs.5, then the price of the 3% stock is
A. Rs.80
B. Rs.82
C. Rs.77.5
D. Rs.78.5
9. The amount of stock of face value Rs. 100 each to be bought @ 3% at Rs. which is sold at Rs. and a profit of Rs.45 is made, is
A. Rs.1800
B. Rs.2000
C. Rs.2200
D. Rs.2500
10. A man invests in a company having face value of shares Rs.25 and pays 9% dividend p.a. The actual rate of return for the man turns out to be 10% on his investment. At what price did he buy the shares?
A.Rs.23.25
B.Rs.22.50
C. Rs.22.75
D. Rs.21.75
Answers
1. D
6. C
2. A
7. A
3. C
8. D
4. C
9. C
5. B
10.D
