Practice Quant Quiz-9

Dear Bank Aspirants practice Mixed Questions set of 10 questions  for upcoming IBPS Clerk Main Exam and upcoming LIC and other exams. Try to solve these Mixed Questions and share time taken to solve these Mixed Questions  and your attempt.

Practice Quant Questions for Bank , Railway and LIC Exam.

1. A person bought a horse and a carriage for Rs. 20,000. Later, he sold the horse at 20% profit and the carriage at 10% loss. Thus, he gained 2% in the whole transaction. The cost price of the horse was
(a) Rs. 7, 200/-
(b) Rs. 7, 500/-
(c) Rs. 8, 000/-
(d) Rs. 9, 000/-
(e) none of these

2. A sells an article to B at 15% profit. B sells it to C at 10% loss. If C pays Rs. 517.50/-  for it then A purchased it at:
(a) Rs. 500/-
(b) Rs. 7,50/-
(c) Rs. 1,000/-
(d) Rs. 1, 250/-
(e) none of these

3. An article is sold at a certain fixed price. By selling it at 2/3 of that price, one losses 10%. The gain percent on selling it at the original Price is:
(a) 20
(b) 33.33
(c) 35
(d) 40
(e) none of these

4. A sells an article to B for Rs. 45, 000/- losing 10% in the transaction. B sells it to C at a price which would have given a profit of 10% to A. By what per cent does B gain?
(a) 75/2
(b) 100/3
(c) 200/9
(d) 150/7
(e) none of these

5. The cost price of an article is 80% of its marked price for sale. How much per cent does the  tradesman gain after allowing a discount of 12%?
(a) 20
(b) 12
(c) 10
(d) 8
(e) none of these

6.  A merchant has announced 25% rebate on prices of ready- made garments at the time of sale. If a purchase need to have a rebate of Rs. 400/-, then how many shirts, each costing Rs. 320/-, should he purchase?
(a) 10
(b) 7
(c) 6
(d) 5
(e) none of these

7. A merchant purchases a wristwatch for Rs. 450/- and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price (in rupees) of the wristwatch is :
(a) 500
(b) 600
(c) 750
(d) 800
(e) none of these

8. A reduction of 10% in the price of tea enables a dealer to purchase 25 kg more tea for Rs. 22, 500/- what is the reduced price per kg of tea?
(a) Rs. 70/-
(b) Rs. 80/-
(c) Rs. 90/-
(d) Rs. 100/-
(e) none of these

9. Ram donated 4% of his income to a charity and deposited 10% of the rest in a Bank. If now he has Rs. 8, 640/- left with him, then his income is:
(a) Rs. 12, 500/-
(b) Rs. 12, 000/-
(c) Rs. 10, 500/-
(d) Rs. 10, 000/-
(e) none of these

10. If the length of a rectangle is increase by 10% and its breadth is decreased by 10%, then its area :
(a) Decreased by 1%
(b) Increases by 1%
(c) Decreases by 2%
(d) Remains unchanged
(e) none of these

Answers with Explanation:

1. (c) Let CP of Horse = x
According to questions
X * 20/100 – (20,000 – x) *  10/100 = 20, 000 * 2/100
x = 8,000

2. (a) Let CP of A be x Rs
According to questions
115x/100 * 90/100 = 517.5
x  = 500

3. (c) Let CP = 100
2/3 SP = 90
SP = 135
P% = 35%

4. (c)

5. (c)Let MP = 100, CP = 80
SP = 88
P %  = 10%

6.(d) The cost of rebate of on a shirt = 25/100 * 320 = 80
No of shirts for taking the rebate of Rs. 400
= 400/80 = 5

7. (b) MP = 450 * 120/100 * 100/90 = 600

8. (c) 25 kg = 2250
1 kg = 90

9. (d) Le income of Ram = x
So, x = 94/100 * 90/100 = 8640
x = 10, 000

10. (a) 10 – 10 – (10 * 10)/ 100
       = -1



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