Practice Quant Quiz Set-10 for LIC , SO and railways

Dear Bank Aspirants practice Quant Questions for upcoming LIC Exam, Specialist officer and other exams. Try to solve these Mixed Questions and share time taken to solve these Mixed Questions  and your attempt.

Practice Quant Quiz Set-7 for LIC , SO and railways
Practice Quant Questions for Bank , Railway and LIC Exam.
Directions (1 - 5) : Study the following table and answer the questions based on it. Expenditures of a Company (in Lakh Rupees) per Annum Over the given Years
Year
Item of Expenditure
Salary
Fuel and Transport
Bonus
Interest on Loans
Taxes
1998
288
98
3.00
23.4
83
1999
342
112
2.52
32.5
108
2000
324
101
3.84
41.6
74
2001
336
133
3.68
36.4
88
2002
420
142
3.96
49.4
98

1.    What is the average amount of interest per year which the company had to pay during this period?
(1) Rs. 32.43 lakhs
(2) Rs. 33. 72 Lakhs
(3) Rs. 34 . 18 lakhs
(4) Rs. 36.66 lakhs
(5) None of these

2.    The total amount of bonus paid by the company during the given period is approximately what percent of the total amount of salary paid during this period?
(1) 0.1 %
(2)0.5%
(3) 1%
(4) 1.25%
(5) None of these

3.    Total expenditure on all these items in 1998 was approximately what percent of the total expenditure in 2002?
(1) 62%
(2) 66%
(3) 69 %
(4) 71 %
(5) 85%

4.    The total expenditure of the company over these items during the year 2000 is?
(1) Rs. 544.44 lakhs
(2) Rs. 501.11 lakhs
(3) Rs. 446.46 lakhs
(4) Rs. 478.87 lakhs
(5) None of these

5.    The ratio between the total expenditure on Taxes for all the years and the total expenditure on Fuel and Transport for all the years respectively is approximately?
(1) 4 : 7
(2) 10 : 13
(3) 15 : 18
(4) 5 : 8
(5) None of these



Answers With Explanations:

1.    (4) : sAverage amount of interest paid by the Company during the given period:
= Rs. ( 23.4 + 32.5 + 41.5 + 36.4 + 49 .4)/ 5
= Rs. 36.66 lakhs.

2.    (3) : Required percentage :
[(3.00 + 2.52 + 3.84 + 3.68 +  3.96 ) / ( 288 + 342 + 324 + 336 + 420 )] x 100%
= (17/1710) x 100%
= 1 % ( Approx.)

3.    (3) : Required percentage :
[(288+98+3.00+23.4+ 83)/ (420+142+3.96+49.4+98)] x 100 %
= 69.45% ( Approx.)

4.    (1) : Total expenditure of the Company during 2000
= Rs. (324+101+3.84+41.6+74) lakhs
= Rs. 544.44 lakhs.

5.    (2) : Required ratio:
(83+108+74+88 + 98) / (98+112+101+133+142)
=( 1/ 1.3)
 = 10/13 


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