Financial Problems-Profit and Loss [CAT (Common Admission Test for IIMs) Quantitative Aptitude to Quantitative Aptitude (QA)]: Questions 1 - 3 of 35
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Question 1
Question MCQ▾
A seller busy 4 kg of salt of type I at ₹ 5 per kg and 6 kg of type II for ₹ 4 per kg he mixes the two types. At that price must he sell each kg of salt to gain 5% on the whole?
Choices
Choice (4) | Response | |
---|---|---|
a. | ₹ 4.8 | |
b. | ₹ 4.1 | |
c. | ₹ 4.3 | |
d. | ₹ 4.62 |
Question 2
Question MCQ▾
Karmayog Central Ltd is inviting applications from entrepreneurs who have an idea or in the intital stage of their startups and are looking for people who can fund them. A, B & C have recently started their venture RS Enterprises and are into manufacturing of clothes and delivering the same to the retail exchange houses. With the help of family and friends, A started investing Rs 10,000, for B it was 12000 and 15000 for C. Three months, down the line A increased his investment by 30% & C decreased his investment by 20% . If A gets 20% of the share (for operating the business) before distributing it equally in the ratio of their investment, then, how much amount is received by A if final profit is 5,550?
Choices
Choice (4) | Response | |
---|---|---|
a. | 4440 | |
b. | 2580 | |
c. | 1110 | |
d. | 1470 |
Question 3
Question MCQ▾
A man gains ₹ 25 on selling a horse at a profit of 12.5% and dog at a loss of 8.33% . However, if he sells a horse at a loss of 8.33% and a dog at a gain of 12.5% , then, he earns as much the sum at which he has bought the horse and cow. Find the profit/loss % of horse, if he sells it at the same price what he gets on selling the dog at 20% profit?
Choices
Choice (4) | Response | |
---|---|---|
a. | 09.09% | |
b. | 11.11% | |
c. | 20% | |
d. | 14.28% |