Q:

On a certain item profit is 120%. If the cost price increases by 10% then what will be the new profit margin (in %) if selling price remains the same?

A) 50 B) 60
C) 100 D) 90
 
Answer & Explanation Answer: C) 100

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Exam Prep: Bank Exams

5 1995
Q:

A villager buys a goat and a sheep together for Rs 14,250. He sold the sheep at a profit of 10% and the goat at a loss of 20%. If he sold both the animals at the same price , then what was the cost price of the cheaper animal?

A) 8250 B) 6600
C) 7500 D) 6000
 
Answer & Explanation Answer: D) 6000

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4 1831
Q:

A vendor sells a coconut at Rs 24 and suffers 24% loss. If he wants to make 14% profit, then at what price (in Rs) should he sell?

A) 32 B) 30
C) 36 D) 28
 
Answer & Explanation Answer: C) 36

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3 1765
Q:

An oil refinery buys oil at Rs 3600 per barrel. There is 10% wastage. If the refinery wants to earn 5% profit then at what price should it sell including 8% tax on selling price? (in Rs per barrel)

A) 3674 B) 3711
C) 4219 D) 4536
 
Answer & Explanation Answer: D) 4536

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Filed Under: Average
Exam Prep: Bank Exams

4 3117
Q:

A batsman makes 100 runs in the 25th match of his career. His average runs per match increases by 1.4. Find his average before the 25th match.

A) 65 B) 55
C) 75 D) 45
 
Answer & Explanation Answer: A) 65

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0 2149
Q:

The average of 44 consecutive odd numbers is 144.What is the largest number?

A) 189 B) 191
C) 187 D) 193
 
Answer & Explanation Answer: C) 187

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1 1637
Q:

In a class of 60 students there are 20 girls who scored an average of 40 marks in the test, what is the average marks of the boys if the class average is 60 marks?

A) 60 B) 70
C) 50 D)
 
Answer & Explanation Answer: B) 70

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1 1795
Q:

The average marks of 18 students in an examination was 60. It was later found that the marks of one student had been wrongly entered as 63 instead of 36. The correct average is:

A) 59 B) 59.5
C) 58 D) 58.5
 
Answer & Explanation Answer: D) 58.5

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0 1911