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All questions of Quantitative Aptitude Tests for Bank Exams Exam

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Read the following information carefully and answer the questions based on it.
Article P sold at 35% profit and Q at 20% profit, MRP of P is 92% more that of Q. Selling price of Q is 58.33% less than that of P. Article P sold after discount of (M – 15) % and Q at discount of (N +20) %. N is half of M.
Q. A retailer cheats whole seller, buys M% extra quantity and, cheats customer by giving N% less quantity. He claims no profit no loss to customer, who don’t know about cheating, fin d his actual profit %.
  • a)
    68%
  • b)
    60%
  • c)
    52%
  • d)
    75%
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?

The given information can be summarized as follows:

- Article P is sold at a 35% profit.
- Article Q is sold at a 20% profit.
- The MRP (Maximum Retail Price) of P is 92% more than that of Q.
- The selling price of Q is 58.33% less than that of P.
- Article P is sold after a discount of (M).

Let's use variables to represent the unknowns:
- Cost price of Article P = CP_P
- Cost price of Article Q = CP_Q
- Selling price of Article P = SP_P
- Selling price of Article Q = SP_Q
- MRP of Article P = MRP_P
- MRP of Article Q = MRP_Q

Now, let's solve the questions:

1. What is the profit percentage of Article P?

Profit percentage = ((Selling price - Cost price) / Cost price) * 100

Given that Article P is sold at a 35% profit, we can write:

Profit percentage of P = 35%

2. What is the profit percentage of Article Q?

Profit percentage = ((Selling price - Cost price) / Cost price) * 100

Given that Article Q is sold at a 20% profit, we can write:

Profit percentage of Q = 20%

3. What is the relationship between the MRP of P and Q?

Given that the MRP of P is 92% more than that of Q, we can write:

MRP_P = MRP_Q + (92% of MRP_Q)
MRP_P = MRP_Q + 0.92 * MRP_Q
MRP_P = 1.92 * MRP_Q

So, the MRP of P is 1.92 times the MRP of Q.

4. What is the relationship between the selling price of P and Q?

Given that the selling price of Q is 58.33% less than that of P, we can write:

SP_Q = SP_P - (58.33% of SP_P)
SP_Q = SP_P - 0.5833 * SP_P
SP_Q = 0.4167 * SP_P

So, the selling price of Q is 0.4167 times the selling price of P.

5. What is the discount on Article P?

Given that Article P is sold after a discount of (M), we can write:

Discount on P = M

So, the discount on Article P is (M).

Please note that the question was cut off, and the information about the discount on Article P was incomplete. Therefore, we cannot provide an exact value for the discount.

P, Q, and invested in a business. Initial investment of P is 66.66% as that of Q, while initial investment of R is 275% more than that of P. P and Q started together and after 8 months P invested 50% more to his investment, Q invested 66.66% more to his investment and R joined them. If initial investment of Q is Rs. 12000, and at the end of year total profit is 1.7 lakhs. They donated 25% of profit for education of children.
M = Difference between profit share of P and Q
N = (2500 + difference between profit share of Q and R)
Q. Find which of the following option is true.
  • a)
    M > N
  • b)
    M < N
  • c)
    M = N
  • d)
    M + N is a perfect square
  • e)
    None of these
Correct answer is option 'C'. Can you explain this answer?

The initial investment of P is 66.66% of that of Q, which means it is 2/3 of Q's initial investment.
If Q's initial investment is Rs. 12000, then P's initial investment is (2/3) * 12000 = Rs. 8000.

The initial investment of R is 275% more than that of P, which means it is 375% of P's initial investment.
So, R's initial investment is (375/100) * 8000 = Rs. 30000.

After 8 months, P invested 50% more to his investment, which means he invested an additional (50/100) * 8000 = Rs. 4000.
So, P's total investment after 8 months is 8000 + 4000 = Rs. 12000.

Similarly, Q invested 66.66% more to his investment, which means he invested an additional (66.66/100) * 12000 = Rs. 8000.
So, Q's total investment after 8 months is 12000 + 8000 = Rs. 20000.

At the end of the year, R joined them, so the total investment is P's total investment + Q's total investment + R's initial investment = 12000 + 20000 + 30000 = Rs. 62000.

The profit share of P is (12000/62000) * 170000 = Rs. 32838.71 (approx.)
The profit share of Q is (20000/62000) * 170000 = Rs. 54838.71 (approx.)
The profit share of R is (30000/62000) * 170000 = Rs. 82338.71 (approx.)

The difference between the profit share of P and Q is 54838.71 - 32838.71 = Rs. 22000.
The difference between the profit share of Q and R is 82338.71 - 54838.71 = Rs. 27500.

Therefore, the correct option is:
a) M < n="" />

Directioons: In each of the following question three or more statements is given. You are expected to decide which of the following statement or pair of statement is sufficient to answer the question.
Q. 6 years ago, age of father of Roma 14 years more than her only one brother and only one sister. Find the age of Sister of Roma after 12 years?
Statement I. Roma is 20 years younger than her father and her present age of 116.66% of her brother.
Statement II. 4 years ago, age of brother is 166.66% of Sister
Statement III.  8 years hence, Age of Father is same as sum of ages of her brother and Sister.
  • a)
    Statement I and II together is sufficient to answer the question
  • b)
    Statement II and III together is sufficient to answer the question
  • c)
    Statement III and I together is sufficient to answer the question
  • d)
    Combination of any two statement is sufficient to answer the question
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?

Iq Funda answered
Father – 6 = Sister – 6 + Brother – 6 + 14
Father = sister + brother + 8…. (1)
Statement I.
Farther = Roma + 20
Roma = 7/6 x brother
This statement alone is not sufficient to answer
Statement II.
Brother – 4 = 5/3 x (Sister - 4)
3 x brother – 12 = 5 x sister – 20
3 x brother – 5 x sister = - 8……….. (2)
This statement alone is not sufficient to answer the question
Statement III.
Father – 8 = Sister – 8 + Brother – 8
Father = brother + Sister – 8….. (3)
On combining I and II
Father = sister + brother + 8 ……. (1)
Also, Father = Roma + 20
Roma = 7/6 x brother
So, 7/6 x brother + 20= brother + sister + 8
6x sister – Brother = 72…………… (4)
Also, 3 x brother – 5 x sister = - 8 …..(2)
On solving 4 and 2, we get
Sister = 16 years
Age of sister after 12 years = 16 + 12 = 28 years
This combination is sufficient to answer the question.
Statement III have same information what we have in question initially.
So, combination of statement III with any other statement is not sufficient.
So only (I and II) is sufficient to answer the question.
Hence answer is option A

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