1. A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold
A. Only I is necessary
B. Only II is necessary
C. Either I or II is necessary
D. Both I and II are necessary
E. None of these
Ans - D
2. A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Number of toys sold.
II. Cost price of each toy.
A. Only I is necessary
B. Only II is necessary
C. Both I and II are necessary
D. Either I or II ins necessary
E. None of these
Ans - B
3. A man mixes two types of rice (X and Y) and sells the mixture at the rate of Rs. 17 per kg. Find his profit percentage.
I. The rate of X is Rs. 20 per kg.
II. The rate of Y is Rs. 13 per kg.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - D
4. By selling a product with 20% profit, how much profit was earned?
I. The difference between cost and selling price is Rs. 40.
II. The selling price is 120 percent of the cost price.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - A
5. By selling an article what is the profit percent gained?
I. 5% discount is given on list price.
II. If discount is not given, 20% profit is gained.
III. The cost price of the articles is Rs. 5000.
A. Only I and II
B. Only II and II
C. Only I and III
D. All I, II and III
E. None of these
Ans - A
6. What was the percentage of discount given?
I. 23.5% profit was earned by selling an almirah for Rs. 12,350.
II. If there were no discount, the earned profit would have been 30%.
III. The cost price of the almirah was Rs. 10,000.
A. Only I and II
B. Only II and III
C. Only I and III
D. Any two of the three
E. None of these
Ans - E
7. What is the percent profit earned by the shopkeeper on selling the articles in his shop?
I. Labeled price of the articles sold was 130% of the cost price.
II. Cost price of each article was Rs. 550.
III. A discount of 10% on labeled price was offered.
A. Only I
B. Only II
C. I and III
D. All the three are required
E.Question cannot be answer even with information in all the three statements.
Ans - C
8. What is Sonia's present age?
I. Sonia's present age is five times Deepak's present age.
II. Five years ago her age was twenty-five times Deepak's age at that time.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - E
9. Average age of employees working in a department is 30 years. In the next year, ten workers will retire. What will be the average age in the next year?
I. Retirement age is 60 years.
II. There are 50 employees in the department.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - E
10. Divya is twice as old as Shruti. What is the difference in their ages?
I. Five years hence, the ratio of their ages would be 9 : 5.
II. Ten years back, the ratio of their ages was 3 : 1.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - C
I. Sale price of the article
II. Number of articles sold
A. Only I is necessary
B. Only II is necessary
C. Either I or II is necessary
D. Both I and II are necessary
E. None of these
Ans - D
2. A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Number of toys sold.
II. Cost price of each toy.
A. Only I is necessary
B. Only II is necessary
C. Both I and II are necessary
D. Either I or II ins necessary
E. None of these
Ans - B
3. A man mixes two types of rice (X and Y) and sells the mixture at the rate of Rs. 17 per kg. Find his profit percentage.
I. The rate of X is Rs. 20 per kg.
II. The rate of Y is Rs. 13 per kg.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - D
4. By selling a product with 20% profit, how much profit was earned?
I. The difference between cost and selling price is Rs. 40.
II. The selling price is 120 percent of the cost price.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - A
5. By selling an article what is the profit percent gained?
I. 5% discount is given on list price.
II. If discount is not given, 20% profit is gained.
III. The cost price of the articles is Rs. 5000.
A. Only I and II
B. Only II and II
C. Only I and III
D. All I, II and III
E. None of these
Ans - A
6. What was the percentage of discount given?
I. 23.5% profit was earned by selling an almirah for Rs. 12,350.
II. If there were no discount, the earned profit would have been 30%.
III. The cost price of the almirah was Rs. 10,000.
A. Only I and II
B. Only II and III
C. Only I and III
D. Any two of the three
E. None of these
Ans - E
7. What is the percent profit earned by the shopkeeper on selling the articles in his shop?
I. Labeled price of the articles sold was 130% of the cost price.
II. Cost price of each article was Rs. 550.
III. A discount of 10% on labeled price was offered.
A. Only I
B. Only II
C. I and III
D. All the three are required
E.Question cannot be answer even with information in all the three statements.
Ans - C
8. What is Sonia's present age?
I. Sonia's present age is five times Deepak's present age.
II. Five years ago her age was twenty-five times Deepak's age at that time.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - E
9. Average age of employees working in a department is 30 years. In the next year, ten workers will retire. What will be the average age in the next year?
I. Retirement age is 60 years.
II. There are 50 employees in the department.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - E
10. Divya is twice as old as Shruti. What is the difference in their ages?
I. Five years hence, the ratio of their ages would be 9 : 5.
II. Ten years back, the ratio of their ages was 3 : 1.
A. I alone sufficient while II alone not sufficient to answer
B. II alone sufficient while I alone not sufficient to answer
C. Either I or II alone sufficient to answer
D. Both I and II are not sufficient to answer
E. Both I and II are necessary to answer
Ans - C
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