Financial Problems-Profit and Loss (CAT (Common Admission Test for IIMs) Quantitative Aptitude): Questions 1 - 3 of 26

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Question number: 1

» Financial Problems » Profit and Loss

MCQ▾

Question

A seller busy 4 kg of salt of type I at Rs. 5 per kg and 6 kg of type II for Rs. 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.

Rs. 4.8

b.

Rs. 4.62

c.

Rs. 4.3

d.

Rs. 4.1

Question number: 2

» Financial Problems » Profit and Loss

MCQ▾

Question

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.

1470

b.

2580

c.

4440

d.

1110

Question number: 3

» Financial Problems » Profit and Loss

MCQ▾

Question

A man gains Rs. 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.

14.28%

c.

20%

d.

11.11%

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