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Two kinds of Vodka are mixed in the ratio 1:2 and 2:1 and they are sold fetching

the profit 10% and 20% respectively. If the vodkas are mixed in equal ratio and the individual profit percent on them are increased by 4/3 and 5/3 times respectively, then the mixture will fetch the profit of A. 18% B. 20% C. 21% D. 23% E. Cannot be determined The profit on the first kind of vodka = x%; The profit on the second kind of vodka = y%. When they are mixed in the ratio 1:2 (total of 3 parts) the average profit is 10%: (x + 2y)/3 = 10. When they are mixed in the ratio 2:1 (total of 3 parts) the average profit is 20%: (2x + 2y)/3 = 20. Solving gives: x = 30% and y = 0%. After the individual profit percent on them are increased by 4/3 and 5/3 times respectively the profit becomes 40% and 0%, on the first and te second kinds of vodka, respectively. If they are mixed in equal ratio (1:1), then the mixture will fetch the profit of (40 + 0)/2 = 20%. Answer: B.

At the end of each year, the value of a certain antique watch is "c" percent more than its value one year earlier, where "c" has the same value each year. If the value of the watch was "k" dollars on January 1, 1992, and "m" dollars on January 1, 1994, then in terms of "m" and "k", what was the value of the watch, in dollars, on January 1, 1995? A) m+1/2(m-k) B) m+1/2((m-k)/k)m C) m(m/k)^(1/2)) D)m^2/2k; E) km^2

m = k*(1+c)^2 m/k = (1+c)^2 (m/k)^(1/2) = 1+c c= (m/k)^(1/2) - 1 the value of the watch in jan 1 1995 is: m(1+c) so m(1+(m/k)^(1/2) - 1) = m(m/k)^(1/2)) that is C

In a survey of political preference,70% of those asked were in favor of at least one of the proposals - |,|| & |||. 40% of those asked favoured | ,30% favoured || ,and 25% favoured proposal |||.If 5 % favoured all three of the proposals,what is the percentage of those asked favoured more than one of the proposals ? 70% favored atleast one, so 30% favored neither so formula is A + B + C - (favored exactly 2 proprosals) - 2(favored exactly 3) + neither = 100 40 + 30 + 25 - (X) - 2*5 + 30 = 100 solve for X = 20. _______________

At a certain hospital, 75% of the interns receive fewer than 6 hours of sleep and report feeling tired during their shifts. At the same time, 70% of the interns who receive 6 or more hours of sleep report no feelings of tiredness. If 80% of the interns receive fewer than 6 hours of sleep, what percent of the interns report no feelings of tiredness during their shifts? A. 6 B. 14 C. 19 D. 20 E. 81 Given:

Tired

< 6 hours sleep >= 6 hours sleep TOTAL 75 0.7*X X ? 100

Not Tired TOTAL 80

Interns who receive < than 6 hours sleep and Not Tired = 80 - 75 = 5; TOTAL interns who receive >= 6 hours sleep = 100 - 80 = 20, so interns who receive >= 6 hours sleep and are Not Tired = 0.7 * 20 =14; Interns who are Not Tired = 5 + 14 = 19. Answer: C.

A furniture dealer purchased a desk for $150 and then set the selling price to the purchase price plus markup that was 40 percent of the selling price. If the dealer sold the desk at the selling price, what was the amount of the dealer's gross profit from the purchase and the sale

of the desk? 1) $40 2) $60 3) $80 4) $90 5) $100 (E) Purchase price = 150 Selling price = x 150 + 0.4*x = x 0.6*x = 150 x = 250 Profit = 250 - 150 = 100

Rodrick mixes a martini that has a volume of 'n' ounces having 40% Vermouth and 60% Gin by volume. He wants to change it so that the martini is 25% Vermouth by volume. How many ounces of Gin must he add? A) n/6 B) n/3 C) 3n/5 D) 5n/6 E) 8n/5 Note that after we add pure Gin, the volume of Vermouth will remain the same. Based on this set the equation: 0.4n=0.25(n+g) --> g=3n/5 Answer: C. Cost is expressed by the formula (tb)^4. If b is doubled, the new cost is what percent of the original cost? (A) 200 (B) 600 (C) 800 (D) 1600 (E) 50 T=1 B=2 (1x2)^4 = 16 (1x4)^4 = 264 264/16 = x/100 246*100/16 = 1600

Fifty percent of the subscribers to newspaper X are corporate managers and, of these, 30 percent are in the financial field. If 40 percent of the subscribers who are corporate managers in the financial field are money managers, how many of the newpaper's 25000 subscribers are corporate money managers in the financial field? a) 1,500 b) 3,000 c) 3,750 d) 7,500 e) 8,750 CM=50%(Total Subscribers) CM in FF=30%(50%(Total)) MM=40%(CM in FF) MM=40%(30%(50%(Total))) =0.4*0.3*0.5*Total =0.06*25000 =1500

A lighting store is stocked with 410 fixtures. Some of the fixtures are floor lamps and the rest are table lamps. If 5% of the floor lamps and 30% of the table lamps are imported, what is the smallest possible number of imported lamps stocked at the store? A. 3 B. 10 C. 13 D. 20 E. 23 F + T = 410 Now, expression for the no. of imported items = 0.05F+0.3T => 0.05F+0.3(410-F)=123-0.25F =>F has to be a multiple of 4 to minimize the expression, we have to maximize F Max value of F can only be 400, as anything beyond this (404 or 408) will give a fractional value of the no. of imported Ts Hence, minimum no. of imported stuff = 123-400/4 = 23 On a certain road, 10 percent of the motorists exceed the posted speed limit and receive speeding tickets, but 20% of the motorists who exceed the posted speed limit do not receive speeding tickets. What percent of the motorists on that road exceed the posted speed limit? A/ 10 1/2% B/ 12 1/2% C/ 15% D/ 22% E/ 30%

On a certain road, 10 percent of the motorists exceed the posted speed limit and receive speeding tickets,

>>>>10% of total motorists exceed speed limit and get tickets but 20% of the motorists who exceed the posted speed limit do not receive speeding tickets. >>>>>>20% who exceed the speed limit do not get tickets. Then 80% who exceed the speed limit must be getting tickets. What percent of the motorists on that road exceed the posted speed limit? >>>>> So 10% of total motorists = 80% of those who exceed speed limit So those who exceed speed limits are 1/8 = 12.5% of the motorists The value of an investment increases by x% during January and decreases by y% during February. If the value of the investment is the same at the end of February as at the beginning of January, what is y in terms of x ? A. (200x)\(100 + 2x) B. x(2 + x)\(1 + x)^2 C. 2x\1 + 2x D. x(200 + x)\10,000 E. 100 ( 10,000 \ 100 + x) The answer is E P(1 + x/100) (1 - y/100) = P ( 100 + x) (100-y) = 10000 100-y = 10000/(100+x) => y = 100 - 10000/(100+x) The price of a certain product increased by the same percent from 1960 to 1970 as from 1970 to 1980. If its price of $1.20 in 1970 was 150 percent of its price in 1960, what was its price in 1980? a) $ 1.80 b) $ 2.00 c) $ 2.40 d) $ 2.70 e) $ 3.00 The price in 1970 was 150 percent of its price in 1960, means that the percent increase was 50% from 1960 to 1970 (and from 1970 to 1980). Therefore the price in 1980 = $1.2*1.5 = $1.8. Answer: A. If grapes are 92% water and raisins are 20% water, then how much did a quantity of raisins, which currently weighs 10 pounds, weigh when all the raisins were grapes? (Assume that the only difference between their raisin-weight and their grape-weight is water that evaporated during their transformation.) A. 25 pounds

B. 46 pounds C. 92 pounds D. 100 pounds E. 146 pounds Though I could get this question right, I took more than 3 minutes. Is there any simpler way to solve this one? Since only water evaporates, then the weight of pulp (non-water) in grapes and raisins is the same. Thus 0.08*{weight of grapes}=0.8*{weight of raisins} --> 0.08x = 0.8*10 --> x = 100. Answer: D. Last year a certain bond price with a face value of 5000 yielded 8% of its face value in interest. If that interest was approx 6.5 of the bond's selling price approx what was the bond's selling price? A. 4063 B. 5325 C. 5351 D. 6000 E. 6154 Interest = 0.08*5000 = 0.065*selling price --> selling price = 0.08*5000/0.065 --> selling price = ~6,154 Answer: E. A professional gambler has won 40% of his 25 poker games for the week so far. If, all of a sudden, his luck changes and he began winning 80% of the time, how many more games must he play to end up winning 60% of all his games for the week? Say the gambler must play x more games, then: 40% of 25 games plus 80% of x games should equal to 60% of total number of games, which is (25+x) --> 0.4*25+0.8*x=0.6*(25+x) --> x=25. In a factory that produces computer circuit boards, 4.5 percent of all boards produced are found to be defective and are repaired before being sold, but 10 percent of all defective boards are sold without being repaired. What percentage of boards produced in the factory are defective? A. 4.5% B. 5.0% C. 6.0% D. 10.0% E. 14.5% Total Boards = X Total Defective Boards = Y Out of this Y "Defective" boards 10% "Escaped" (GIVEN) and 90% "Get caught and fixed"

We know that "Get Caught and fixed" = 4.5% of X. This implies 90% of Y = 4.5% of X. (90/100) * Y = (4.5/100) * X ===> Y = 0.05 * X ===> 5% of X. A tour group of 25 people paid a total of $630 for entrance to a museum. If this price included a 5% sales tax, and all the tickets cost the same amount, what was the face value of each ticket price without the sales tax? Choices A $22 B $23.94 C $24 D $25.20 E $30 630/25=x+0.05x 630/25=1.05x x=(630*100)/(25*105)=63*10*4/21*5=24 A big cube is formed by rearranging the 160 coloured and 56 non-coloured similar cubes in such a way that the exposure of the coloured cubes to the outside is minimum. The percentage of exposed area THAT is coloured is: 1) 25.9% 2) 44.44% 3) 35% 4) 61% 5) None of these

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