Practice Quant Quiz Set-18 for LIC and railways

 Dear Bank Aspirants practice Quant Questions for upcoming LIC Exam, Railway 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) : The following pie chart represents the break-up of Raju’s monthly Expenses.



1.    If Raju spent Rs 4500 more on food and transport together than he spent on rent, then Find his monthly expenses.
(1) Rs. 20 ,000
(2) Rs. 15,000
(3) Rs. 30,000
(4) Rs. 40,000
(5) Rs. 35,000

2.    If Raju increased his savings, which is currently 10% of his income, by 20% and reduced his expenses by 20%, then his savings would be what percentage of his expenses?
(1) 15%
(2) 25%
(3) 30%
(4) 10%
(5) 20%

3.    Raju spent 20% of his expenditure on ‘others’ on entertainment. This amounted to Rs 2100. Find his expenditure on education.
(1) 4,500
(2) 5,000
(3) 7,000
(4) 6,500
(5) None of these

4.    Find the angle made by the expenditure on rent and ‘others’ put together.
(1) 1500
(2) 1600
(3) 1800
(4) 2000
(5) None of these

5.    As prices dropped, Raju’s expenditure on clothes dropped by 10%. As a result of this, his expenditure on ‘others’ decreased from Rs 10,500 to Rs 10,290.What percentage of his expenditure on ‘others’ was spent on clothes?
(1) 12%
(2) 30%
(3) 16%
(4) 20%
(5) None of these

Directions ( 6 – 10) : The following pie-chart shows the sources of funds (in crores) to be collected by a company. Study the pie-chart and answers the question that follow.

6.    If company could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds?
(1) 4 %                 
(2) 6%
(3) 8%                  
(4) 10%
(5) None of these

7.    Near about 20% of the funds are to be arranged through ?
(1) SPVS              
(2) Annuity
(3) External Assistance
(4) Market borrowing
(5) None of these

8.    The central angle corresponding to Market Borrowing is ?
(1) 187.2 degree
(2) 183.2  degree
(3) 181.2 degree
(4) 180.2 degree
(5) None of these

9.    If the toll is to be collected through an outsourced agency by allowing a maximum 10% commission, how much amount should be permitted to be collected by the outsourced agency, so that the project is supported with Rs. 4,910 crores?
(1) Rs. 5401 crore
(2) Rs. 5301 crore
(3) Rs. 5201 crore
(4) Rs. 5101 crore
(5) None of these

10.  The approximate ratio of the funds to be arranged through Toll and that through Market Borrowing is ?
(1) 1 : 6                 
(2) 2 : 5
(3) 3 : 7                 
(4) 6 : 7
(5) None of these

Answers
1.    Percentage of his expenditure spent on rent =15%
Percentage of his expenditure spent on transport and food =30%
⇒ 30%−15%=15% = Rs 4500
Monthly expenses: 
= 100%  = ( 100/15) X 4500
= Rs. 30,000

2.    Let his monthly income be Rs x.
Original savings = Rs. ( 10/100)x
New Savings = ( 10/100)x + 20/100(10x/100)
= Rs. ( 12/100)x
Original expenditure = x – (10/100)x
= Rs. ( 90/100)x
New expenditure :
= (90/100)x – (20/100) ( 90x/100)
= Rs. ( 72/100)x
Required  percentage :
[(12x/100)/(72x/100)] x 100
= 16.66%

3.    Expenditure on entertainment:
=20%of(35% of others)=7% of the total expenses
⇒ 2100=7% of total expenses
Also education accounts for 20% of the total expenses.
⇒ Expenditure on education: 
= 20% of the total= Rs [ 2100 x ( 20/7)]
= Rs. 6,000

4.    Total expenditure on rent and others:
=15%+35%
=50%
Required angle = ( 50/100) x 3600
= 1800

5.    Decrease in expenditure on ‘others’:
=10,500−10,290= Rs 210
⇒ initial expenditure on clothes: 
= 210 (100/10)
= Rs. 2100
ð  Required percentage:
= ( 2100/10,500) x 100

= 20%

6.    Explanation:
New funds = 11486 - 9695
= Rs. 1791 crores
Increase in requirement of market borrowing is 1791 crore

Now, 1791 crore is what percent of Market Borrowing
=[(1791)/(29952)]∗100%=5.98%=6% (approx)

7.    Explanation:
Total funds are = 29952+11486+5252+4910+6000
= 57600 crore
Now 20% of 57600 = 20/100 * 576000
= 11520 crore
Which is approximately equal to External Assistance

8.    Explanation:
Central angle corresponding to Market Borrowing
[(29952/57600)]∗360=187.2 degree

9.    Amount required = (Funds required from toll) + (10% of these funds)
= 4910 + 10% of (4910)
= 4910 + (10/100)*4910
= 4910 + 491
= 5401 crore

10.  Explanation:

Required Ratio=4910/29952=1/6.1=1:6

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