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Directions (1 – 5): Study the following information carefully and answer the given questions:
Following table shows different types of items sold by the shopkeeper and its cost price, discount, Profit/Loss % and Mark-up % also given.
- Find the ratio between the mark-up % of Item A to that of Item E?
a) 3: 5
b) 2: 3
c) 5: 4
d) 6: 7
e) None of these
2. Find the profit/loss % earned by selling the Item C?
a) 10 %
b) 14 %
c) 20 %
d) 18 %
e) None of these
3. If the cost price of Item A to that of Item D is in the ratio of 10: 13, then find the difference between the marked price of Item D to that of Item B?
a) Rs. 58
b) Rs. 64
c) Rs. 72
d) Rs. 46
e) None of these
4. The cost price of Item E is 80 % more than the cost price of Item A. The selling price of Item E is 160 less than twice the selling price of Item D. Find the cost price of Item D?
a) Rs. 700
b) Rs. 650
c) Rs. 800
d) Rs. 850
e) None of these
5. Find the average selling price of Item A, B and C?
a) Rs. 584
b) Rs. 572
c) Rs. 566
d) Rs. 528
e) None of these
Directions (6 – 10): Study the following information carefully and answer the given questions:
Following table shows the different types of grains and the quantity of different grains and markup % and list price per kg and discount % also given.
6. Find the ratio between the cost price per kg of Rice to that of cost price per kg of Wheat
a) 5: 3
b) 7: 5
c) 6: 11
d) 9: 13
e) None of these
7. Find the profit of amount earned by selling the given quantity of Maize?
a) Rs. 180
b) Rs. 200
c) Rs. 225
d) 160
e) None of these
8. Find the difference between the total selling price of Maize and Bajra?
a) Rs. 90
b) Rs. 75
c) 80
d) Rs. 55
e) None of these
9. Total selling price of Rice is what percentage of total selling price of Bajra?
a) 125 %
b) 105 %
c) 115 %
d) 80 %
e) None of these
10. Find the total cost price of Wheat and Maize together?
a) Rs. 3125
b) 2950
c) Rs. 3580
d) Rs. 3750
e) None of these
ANSWER:
Directions (Q. 1 – 5):
- Answer: c)
Selling price of Item A = 500*(120/100) = Rs. 600
Marked price of Item A = 600 + 25 = Rs. 625
CP*(100 + Mark-up %)/100 = MP
500*(100 + Mark-up %)/100 = 625
(100 + Mark-up %) = 625/5
(100 + Mark-up %) = 125
Mark-up % of Item A = 125 = 100 = 25 %
Required ratio = 25: 20 = 5: 4
2. Answer: a)
Marked price of Item C
= > 480*(115/100) = Rs. 552
Selling price of Item C = 552 – 24 = Rs. 528
According to the question,
480*(x/100) = 528
x = 528*(100/480) = 110
So, Profit % = 10 %
3. Answer: d)
Marked price of Item B = 600*(105/100) = Rs. 630
The ratio of cost price of Item A to that of Item D = 10: 13
10’s = 500
1’s = 50
Cost price of Item D = 13’s = Rs. 650
Selling price of Item D = 650*(94/100) = Rs. 611
Marked price of Item D = 611 + 65 = Rs. 676
Required difference = 676 – 630 = Rs. 46
4. Answer: b)
The cost price of Item E = (180/100)*500 = Rs. 900
The Selling Price of Item E = 900*(118/100) = Rs. 1062
The Selling price of Item E = 2*Selling price of Item D – 160
1062 + 160 = 2* Selling price of Item D
1222/2 = Selling price of Item D
Selling price of Item D = Rs. 611
Cost price of Item D = 611*(100/94) = Rs. 650
5. Answer: c)
The selling price of Item A = 500*(120/100) = Rs. 600
The selling price of Item B = 600*(95/100) = Rs. 570
The Marked price of Item C = 480*(115/100) = Rs. 552
The selling price of Item C = 552 – 24 = Rs. 528
Required average = (600 + 570 + 528)/3 = 1698/3 = Rs. 566
Directions (Q. 6 – 10):
6. Answer: b)
Cost price*[(100 + Markup %)/100] = List price
The cost price per kg of Rice
CP*(100 + (200/7))/100 = 45
CP *(900/700) = 45
CP = 45*(7/9) = Rs. 35
The cost price per kg of Wheat
CP*(100 + 40)/100 = 35
CP = 35*(100/140) = 25
Required ratio = 35: 25 = 7: 5
7. Answer: d)
The cost price per kg of Maize
CP*(100 + 100/3)/100 = 20
CP*(400/300) = 20
CP = 20*(3/4) = Rs. 15
The selling price per kg of Maize
LP*(85/100) = SP
20*(17/20) = SP
SP = Rs. 17
Profit per kg of Maize = 17 – 15 = Rs. 2
Total profit = 2*80 = Rs. 160
8. Answer: c)
The cost price per kg of Maize
CP*(100 + 100/3)/100 = 20
CP*(400/300) = 20
CP = 20*(3/4) = Rs. 15
The selling price per kg of Maize
LP*(85/100) = SP
20*(17/20) = SP
SP = Rs. 17
Total selling price of Maize = 17*80 = Rs. 1360
The cost price per kg of Bajra
CP*(100 + 400/9)/100 = 52
CP*(1300/900) = 52
CP = 52*(9/13) = Rs. 36
The selling price per kg of Bajra
LP*(1200/1300) = SP
SP = 52*(12/13) = Rs. 48
Total selling price of Bajra = 48*30 = Rs. 1440
Required difference = 1440 – 1360 = Rs. 80
9. Answer: a)
The cost price per kg of Rice
CP*(100 + (200/7))/100 = 45
CP *(900/700) = 45
CP = 45*(7/9) = Rs. 35
The selling price per kg of Rice
LP*(80/100) = SP
SP = 45*(4/5) = Rs. 36
Total selling price of Rice = 36*50 = Rs. 1800
The cost price per kg of Bajra
CP*(100 + 400/9)/100 = 52
CP*(1300/900) = 52
CP = 52*(9/13) = Rs. 36
The selling price per kg of Bajra
LP*(1200/1300) = SP
SP = 52*(12/13) = Rs. 48
Total selling price of Bajra = 48*30 = Rs. 1440
Required % = (1800/1440)*100 = 125 %
10. Answer: b)
The cost price per kg of Wheat
CP*(100 + 40)/100 = 35
CP = 35*(100/140) = 25
Total cost price of Wheat = 25*70 = Rs. 1750
The cost price per kg of Maize
CP*(100 + 100/3)/100 = 20
CP*(400/300) = 20
CP = 20*(3/4) = Rs. 15
Total cost price of Maize = 15*80 = Rs. 1200
The total cost price of Wheat and Maize together
= > 1750 + 1200
= > Rs. 2950
Daily Practice Test Schedule | Good Luck
| Topic | Daily Publishing Time |
| Daily News Papers & Editorials | 8.00 AM |
| Current Affairs Quiz | 9.00 AM |
| Quantitative Aptitude “20-20” | 11.00 AM |
| Vocabulary (Based on The Hindu) | 12.00 PM |
| General Awareness “20-20” | 1.00 PM |
| English Language “20-20” | 2.00 PM |
| Reasoning Puzzles & Seating | 4.00 PM |
| Daily Current Affairs Updates | 5.00 PM |
| Data Interpretation / Application Sums (Topic Wise) | 6.00 PM |
| Reasoning Ability “20-20” | 7.00 PM |
| English Language (New Pattern Questions) | 8.00 PM |
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