Test Name | No. of Questions | Marks (of each) | Time | Take Test |
---|---|---|---|---|
Test-1 | 11 | 3 | 40 Minutes | |
Test-2 | 11 | 3 | 40 Minutes | |
Test-3 | 12 | 3 | 40 Minutes |
Question 1.
A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?
Instructions
A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the following would maximise his profit?
I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduce weights by 5%.
A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the following would maximise his profit?
I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduce weights by 5%.
Question 2.
Question 3.
I sold two watches for Rs. 300 each, one at the loss of 10% and the other at the profit of 10%. What is the percentage of loss(–) or profit(+) that resulted from the transaction?
Question 4.
If he produces 1,500 watches, what is the number of watches that he must sell during the season in order to break-even, given that he is able to sell all the watches produced?
Question 5.
If he is able to sell only 1,200 out of 1,500 watches he has made in the season, then he has made a profit of
Question 6.
Instead of a metre scale, a cloth merchant uses a 120 cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of 20% on cash payment, what is his overall profit percentage?
Question 7.
A dealer buys dry fruits at Rs. 100, Rs. 80 and Rs. 60 per kilogram. He mixes them in the ratio 3 : 4 : 5 by weight, and sells at a profit of 50%. At what price per kilogram does he sell the dry fruit?
Question 8.
After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many percentage above the cost price does he mark on his goods?
Question 9.
If the USA dollar becomes cheap by 12% over its original cost and the cost of German mark increased by 20%, what will be the gain? (The selling price is not altered.)
Question 10.
What is the maximum current gain possible?
Instructions
Choose 1; if the question can be answered by using one of the statements alone, but cannot be answered using the other statement alone.
Choose 2; if the question can be answered by using either statement alone.
Choose 3; if the question can be answered by using both statements together, but cannot be answered using either statement alone.
Choose 4; if the question cannot be answered even by using both statements together.
Harshad bought shares of a company on a certain day, and sold them the next day. While buying and selling he had to pay to the broker one percent of the transaction value of the shares as brokerage. What was the profit earned by him per rupee spent on buying the shares?
A.The sales price per share was 1.05 times that of its purchase price.
B.The number of shares purchased was 100.
Choose 1; if the question can be answered by using one of the statements alone, but cannot be answered using the other statement alone.
Choose 2; if the question can be answered by using either statement alone.
Choose 3; if the question can be answered by using both statements together, but cannot be answered using either statement alone.
Choose 4; if the question cannot be answered even by using both statements together.
Harshad bought shares of a company on a certain day, and sold them the next day. While buying and selling he had to pay to the broker one percent of the transaction value of the shares as brokerage. What was the profit earned by him per rupee spent on buying the shares?
A.The sales price per share was 1.05 times that of its purchase price.
B.The number of shares purchased was 100.
Question 11.
Instructions
Each question is followed by two statements A and B. Answer each question using the following instructions:
Answer (1) if the question can be solved by any one of the statements, but not the other one.
Answer (2) if the question can be solved by using either of the two statements.
Answer (3) if the question can be solved by using both the statements together and not by any one of them.
Answer (4) if the question cannot be solved with the help of the given data and more data is required.
A dress was initially listed at a price that would have fetched the store a profit of 20% on the wholesale cost. What was the wholesale cost of the dress?
A. After reducing the listed price by 10% the dress was sold for a net profit of 10 dollars.
B. The dress was sold for 50 dollars.
Each question is followed by two statements A and B. Answer each question using the following instructions:
Answer (1) if the question can be solved by any one of the statements, but not the other one.
Answer (2) if the question can be solved by using either of the two statements.
Answer (3) if the question can be solved by using both the statements together and not by any one of them.
Answer (4) if the question cannot be solved with the help of the given data and more data is required.
A dress was initially listed at a price that would have fetched the store a profit of 20% on the wholesale cost. What was the wholesale cost of the dress?
A. After reducing the listed price by 10% the dress was sold for a net profit of 10 dollars.
B. The dress was sold for 50 dollars.
Question 12.
Instructions
A leather factory produces two kinds of bags, standard and deluxe. The profit margin is Rs. 20 on a standard bag and Rs. 30 on a deluxe bag. Every bag must be processed on machine A and on machine B. The processing times per bag on the two machines are as follows:
The total time available on machine A is 700 hours and on machine B is 1250 hours. Among the following production plans, which one meets the machine availability constraints and maximizes the profit?

A leather factory produces two kinds of bags, standard and deluxe. The profit margin is Rs. 20 on a standard bag and Rs. 30 on a deluxe bag. Every bag must be processed on machine A and on machine B. The processing times per bag on the two machines are as follows:
The total time available on machine A is 700 hours and on machine B is 1250 hours. Among the following production plans, which one meets the machine availability constraints and maximizes the profit?