IBPS CLERK MAINS 2017 – QUANTITATIVE APTITUDE DAY 13

Dear Banking Aspirants,

IBPS CLERK Mains 2017, the last exam of the year 2017 is going to held in 21.01.2018.There is only few days in our hands for preparation and you have to work hard to achieve your goal, because the competition is very high as per the vacancy is concerned.

So start your preparation now with this study Planner for IBPS Clerk Mains. It’s a 20 days complete planner with various Aptitude, Reasoning, English, Current affairs & Static Gk topics Included. There are 4 Mock tests available in this planner.

We have planned this Planner in Such a way that this will cover the entire current affairs quiz from the month of October to January (1st week). Because Banking Awareness, Current Affairs, Static Gk & Computer Awareness will play a vital role in cracking the IBPS Clerk Mains exam. Though the exam is getting tougher and tougher for each and every Year, Only consistently hard working candidates will crack the exam. So be a continuous hard worker and grab the opportunity to achieve your success.

Make hay while the Sunshine!!!!!!!!!!!

So as per the planner here is content related to Quantitative Aptitude .


IBPS CLERK Mains 2017 -Quantitative Aptitude DAY 13

Quantitative Aptitude

Time: 20 Minutes

Topic:Profit & loss/SI


Profit & loss/SI

Q.1) Marked price of a table is Rs 960. The shopkeeper offered the discount of 20% and gain 28%. If no discount is allowed, find his gain percentage?

 

a) 62%

 

b) 60%

 

c) 43%

 

d) 20%

 

e) 40%

Q.2)GRT offers the following discount scheme for buyers on a gold coin

 

Scheme 1-two successive discount of 12%

 

Scheme 2-a discount of 14% followed by a discount of 11%

 

Scheme 3-two successive discount of 15% and 5%

 

Scheme 4- discount of 20%

 

Scheme 5- successive discount of 15% and 20%

 

The selling price will be minimum under which scheme?

 

a) Scheme 1

 

b) Scheme 2

 

c) Scheme 3

 

d) Scheme 4

 

e) Scheme 5

Q.3) In order that there may be a profit of 30% after allowing a discount of 20% on the marked price, The cost price of an article has to be increased by what percentage?

 

a) 62 %

 

b) 62%

 

c) 64 2/5%

 

d) 68 1/2%

 

e) 70 2/3%

Q.4) What is the maximum percentage discount (approximately) that a merchant can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 40%?

 

a) 60%

 

b) 28.5%

 

c) 33.4%

 

d) 43.90%

 

e) 50%

Q.5) A Shopkeeper sells laptops at the rate of Rs 457 each and earns the commission of 4%. He also sells Mobile phones at the rate of Rs 80 each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 10 laptops and 6 mobile phones per day?

 

a) Rs 270.0

 

b) Rs 298.7

 

c) Rs 382.1

 

d) Rs 399.8

 

e) None of these

Q.6) When a producer allows 36% commission on the retail price of his product he earns a profit of 8.8%. What would be his profit percent if the commission is reduced by 12%?

 

a) 48.1%

 

b) 49.6%

 

c) 47.23%

 

d) 50.28%

 

e) Can’t b determined

Q.7) Chandru likes Diary milk chocolate very much so he bought some number of chocolate at Rs 4 and the same number of chocolate at Rs 5. He mixes them and sells them at Rs 4. What is his gain or loss percent?

 

a) 12 1/9%

 

b) 12 2/9%

 

c) 11 1/9%

 

d) 10 1/9%

 

e) None of these

Q.8) Selma buys a note book for Rs 150. If the over head expenses be 12% of the cost price, at what price should it be sold to gain 10 % (in Rs)?

 

a) 184.8

 

b) 185.8

 

c) 187.8

 

d) 188.8

 

e) None of these

Q.9) Vijay sells a book at the rate of Rs 300 each which includes a profit of 20%. What amount of profit will he earn in 18 days, if he sells seven books per day (in Rs)?

 

a) 6500

 

b) 6300

 

c) 7600

 

d) 6800

 

e) 7300

Q.10) The profit earned by selling an article for Rs 1632 is equal to the loss incurred when the same article is sold for Rs 128 what should be the sale price for making 50% of profit (in Rs)?

 

a) 1320

 

b) 1300

 

c) 1220

 

d) 1420

 

e) 1230

Q.11) Ratio of rates of simple interest for schemes A and B is 3:4 and the Ratio of sums invested in Schemes A and B is 5:12.If interest earned is same for both the schemes then find ratio of investment period

 

a) 15:6

 

b) 12:7

 

c) 16:5

 

d) 12:3

 

e) 13:12

 

Q.12) Raja invested in the following schemes. In which of the following schemes, total amount received is maximum?

 

a) P=Rs 8000 R=12% p.a. N=5 years

 

b) P=Rs 10000 R=2% p.a. N=5 years

 

c) P=Rs 6000 R=5% p.a. N=8 years

 

d) P=Rs 9000 R=10% p.a. N=3 years

 

e) P=Rs 8500 R=10% p.a. N=4 years

 

Q.13) Renu lent a certain sum of money (x) to Raja at R% p.a. simple interest for 5 years . She also lent (x+2000) to Vijay at 3R% p.a. SI for 5 years. Ratio between the interests earned from the sums lent to Raja and vijay is 5:21. Find the sum lent at R%

 

a) Rs 4000

 

b) Rs 6000

 

c) Rs 8000

 

d) Rs 5000

 

e) Rs 3400

 

Q.14) Siva invested Rs 9000 at (R/2)% p.a. SI for 8 years and Rs 12000 at R% p.a. SI for 5 years. Difference between the interests earned from above two cases is Rs 2160. Find the rate of interest (R%)

 

a) 8%

 

b) 4%

 

c) 5%

 

d) 9%

 

e) 12%

 

Q.15) Saravana borrowed a certain sum from Arun at 10% p.a. for 8 years. He borrowed another sum from Vijay at 5% p.a. for half a decade. Difference between interest paid back by saravana to Arun and Vijay is Rs 8400. Find the sum borrowed by saravana from Vijay

 

a) Rs 3400

 

b) Rs 8900

 

c) Rs 12000

 

d) Rs 12400

 

e) Can’t be determined

Q.16) Raja lent total sum of Rs 8000. One part at 5% p.a. SI for 6 years, another part at 8% p.a. SI for 4 years and the total interest earned by Raja is equal to the total amount earned by Vijay when he invested Rs 2000 at 11.75% for 2 years. Find the sum invested at 5%

 

a) Rs 4000

 

b) Rs 3500

 

c) RS 4500

 

d) Rs 5600

 

e) None of these

 

Q.17) Deepika invested Rs 10000 at 12% p.a. SI for 3 years. She also invested Rs 12000 at 8% pa SI for 2 years. After that, she invested the total amount which was received from the above two cases at R% p.a. for 8 years and she earned an interest of Rs 11008. Find R

 

a) 4%

 

b) 5%

 

c) 6%

 

d) 7%

 

e) 8%

 

Q.18) Simple interest on a certain sum for 4 years is Rs 500. For the next 4 years the principal is tripled. What will be the total interest earned at the end of the 8th year?

 

a) Rs 1500

 

b) Rs 3000

 

c) Rs 2000

 

d) Rs 800

 

e) RS 1200

 

Q.19) A sum was placed at SI at certain rate for 3 years. Had it been placed at 2% higher rate, it would have fetched Rs 30 more. Find the sum

 

a) Rs 500

 

b) Rs 400

 

c) Rs 350

 

d) Rs 250

 

e) Rs 100

 

Q.20) Viswa borrowed Rs 1000 at 5%pa SI and Rs 800 at 5 ½ % pa SI on the agreement that the whole sum will be returned only when the total interest becomes Rs 376. Number of years after which the borrowed sum is to be returned is?

 

a) 8

 

b) 9

 

c) 5

 

d) 4

 

e) 3


Answer Key

Q.1) b

 

MP= Rs960 discount= 20%

 

SP= 960×80/100=768

 

CP= 768×100/128=600

 

Required %=(960-600)/600= 60%

Q.2) e

 

Equivalent single discount for all schemes

 

scheme 1=12+12-(12×12/100)=22.56%

 

scheme 2=14+11-(14×11/100)=23.46%

 

scheme 3=15+5-(15×5/100)=19.25%

 

scheme 4=20%

 

scheme 5=15+20-(15×20/100)=32%

Q.3) a

 

MP= Rs x

 

X×(100-20)/100=80/100 X=4/5 X

 

CP=4/5 X×100/130=8/13X

 

CP has to increased by

 

(X-8/13 X)/(8/13 X)×100=62 1/2%

Q.4) b

 

Let cost price = Rs 100

 

An marked price= Rs 100+40=Rs 140

 

Required discount be x%

 

So

 

140×(100-x/100)=100

 

100-x=(100×100)/140

 

X=28.5%

Q.5) e

 

SP of laptop= Rs 457

 

Commission on one laptop=(4×457)/100

 

Commission on 10 laptops=(4×457×10)/100=Rs 182.80

 

SP of mobile= Rs 80

 

Commission on one mobile=(8×20)/100

 

Commission on 6 mobiles=(8×20×6)/100=Rs 96.00

 

Total commission on one day= (Rs 182.8+96) = 278.80

 

The amount of commission will he earn in two weeks = 278.8 ×14 = Rs.3903.2

Q.6) b

Let retail price= Rs 100

Commission= Rs 36

SP=100-36=64

Profit= 8.8%

CP=100/108.8×64=Rs  1000/17

New commission= RS 12

New SP=100-12=Rs 88

Gain=88-(1000/17)=496/17

gain %=496/17×17/1000×100=49.6%

 

Q.7) c

 

CP of 1 chocolate for 1st rate=Rs  1/4

 

CP of 1 chocolate for 2st rate=Rs  1/5

 

CP of 2 chocolate after mixing =  1/4+1/5=9/20

 

CP of 1 chocolate after mixing =  9/(20×2)=Rs  9/40

 

SP of 1 chocolate after mixing= Rs  1/4

 

gain=1/4-9/40=1/40

 

gain %=1/40×40/9×100=11 1/9%

Q.8) a

 

Total CP = (CP+ overhead expenses)

 

=150+12% of 150=Rs 168

 

Gain= 10%

 

SP=110/100×168=Rs 184.80

Q.9) b

 

Cost Price of One Book= 300(100/120) =300×5/6=Rs.250

 

Total amount of CP= 18×7×250=Rs 31500

 

Total amount of SP = 18×7 ×300 = 37800

 

Required profit = 37800- 31500 = Rs.6300

Q.10) a

 

CP=Rs x

 

1632-x=x-128

 

2x=1760

 

X=Rs 880

 

SP= 150% of 880=Rs 1320

Q.11) c

 

5x×3y×N1/100=12x×4y×N2/100

 

N1:N2=16:5

 

Q.12) a

 

a) P=Rs 8000 R=12% p.a N=5 years total=Rs 12800

 

b) P=Rs 10000 R=2% p.a N=5 years total=Rs 11,000

 

c) P=Rs 6000 R=5% p.a N=8 years total=Rs 8400

 

d) P=Rs 9000 R=10% p.a N=3 years Total=Rs 11700

 

e) P=Rs 8500 R=10% p.a N=4 years total= Rs 11900

 

Q.13)  d

 

(x×R×5)/((x+2000)×3R×5)=5/21

 

X=Rs 5000

 

Q.14) d

 

12000×R×5/100-9000× R/2×8/100=2160

 

R=9%

 

Q.15) e

 

Can’t be determined as data inadequate

Q.16) c

 

x×5×6/100+(8000-x)×8×4/100=2000×2×11.75/100+2000

 

X=Rs 4500

 

Q.17) b

 

[(10000×12×3/100+10000)+(12000×8×2/100+12000) ]×8×R/100=11008

R=5%

 

Q.18) c

 

Total interest=500+(500×3)=2000

 

Q.19) a

 

Sum=(Diff in interest×100)/(Time ×Diff in Rate)=30×100/(3×2)=500

 

Q.20) d

 

1000×5× x/100+800×11/2×x/100=376

 

X=4


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