Q4.

A sum of money lent at compound interest for 2 years at 20% per annum
would fetch Rs 482 more if the interest was payable half yearly than if it was
payable annually. The sum is
(1) Rs 10,000
(2) Rs 20,000
(3) Rs 40,000
(4) Rs 50,000
(5) None of these
Let the sum be Rs. x
x(1 + 10/100)^4 - x(1 + 20/100)
=> x[1.4641 - 1.44] = 482
=> x = 482/0.0241 = 20000
Or
10% for 4year ci=46.41
20% for 2year===44
2.41=482
100=20000

Q5. What is the maximum percentage discount that a merchant can offer on
her marked price so that she ends up selling at no profit or loss, if she had
initially marked her goods up by 50% ?
(1) 16.67%
(2) 20%
(3) 50%
(4) 33.33%
(5) None of these
Let cost price = Rs. 100
Marked Price = Rs. 150
Discount percent = 50/150 x 100 = 33.33%
Q9. 40% of the students in a college play Basket ball, 34% of the students play
Tennis and the number of students who play both the games is 234. The
number of students who play neither Basket ball nor Tennis is 52%. Determine
the student population in the college.
(1) 800
(2) 1050
(3) 900

(4) 850
(5) None of these
40+34-48=26
26=234
100=900

Let the number of students in college be 100.

Then, number of students who play both games = (34 + 40) - (48) = 26
If 26 plays both the games, then total number of students = 100
If 234 play both the games, then total number of students = 100/26 x 234 =
900
Q10. The capital of a company is made up of 50000 preferred shares with
dividend of 20% and 20000 common shares, the par value of each type of share
being Rs 10. The company had a total profit of Rs 180000 out of which Rs
30000 was kept in reserve fund and the remaining distributed to shareholders. Find the dividend per cent to the common shareholders.
(1) 20%
(2) 35%
(3) 25%
(4) 30%
(5) None of these
Dividend for preferred share of company = 50000 10 20/100 = Rs 100000
Rest dividend amount of company = 180000 - 100000 - 30000 = Rs 50000
Dividend per cent for common share = 50000x100/20000x10 = 25%
a milkman purchases 10 litres of milk at rs 7 per litre and form a mixture by
freely added water which contribute 16.66 % of the mixture . later on he
replaced the mixture by some free available water and thus the ration of milk
to water is 2:1. he then sold the new mixture at cp of milk and replaced amnt of
mixture at twice the cost of milk then what is the profit percentage?
16.66=1/6...so remain 5/6 milk
so in 6 litr 5milk------------1 water
so whn 10 milk -----------water 2....
so total solution 12..........
10/12---------0
5/6------------0
-------2/3------===thus the ration of milk to water is 2:1.

12-x-------------x..
so x=12/5
so 12*7+12/5*14=117.6
profit=117.6-70)/70=68
Q3. Equal sums of money are deposited in two different banks by M/s
Enterprise, one at compound interest, compounded annually and the other at
simple interest, both at 5% per annum. If after two years, the difference in the
amounts comes to Rs 200, what are the amounts deposited with each bank ?
(1) Rs 72000
(2) Rs 64000
(3) Rs 80000
(4) Rs 8400
(5) None of these
5% si for 2year==========10
5% ci for 2year=========10.25
differ=.25
.25=200
100=80000

Let P be the amount deposited in two different banks.

In 1st bank,
CI = P (1 + 5/100) - P = P (21/20) - P
= 441P/400 - P = 41P/400
In 2nd bank,
SI = P x 5 x 2 / 100 = P/10
So, 41P/100 - P/100 = 200
=>P = Rs. 80000
Q6. An article is listed at Rs 65. A customer bought this article for Rs 56.16 with
two successive discounts of which one is 10%. The other discount of this
discount scheme that was allowed by the shopkeeper is
(1) 4%
(2) 3%
(3) 6%
(4) 2.5%
(5) None of these
Let the other discount be x%
65 x 90/100 x (100-x)/100 = 56.16

=> 100 - x = (56.16x100x100)/(65x90)

=> 100 - x = 96
=> x = 4%

Q7. X and Y are partners in a business. X contributed 1/3 of the capital for 9
months and Y received 2/5 of the profits. For how long was Ys money used in
the business ?
(1) 4 months
(2) 3 months
(3) 2 months
(4) 5 months
(5) None of these
Ratio of capital of X and Y = 1/3 : 2/3 = 1 : 2
Let Y's money was used for n months
(1 x 9) : (2 x n) = 3 : 2
=> n = 3months
Q8. Two companies A and B quote for a tender. On the tender opening day, A
realizes that the two quotes are in the ratio 7 : 4 and hence decreases its price
during negotiations to make it Rs 1 lakh lower than Bs quoted price. B then
realizes that the final quotes of the two were in the ratio 3 : 4. By how much did
A decrease its price in order to win the bid ?
(1) Rs 7 lakhs
(2) Rs 4 lakhs
(3) Rs 9 lakhs
(4) Rs 6 lakhs
(5) None of these
Ans. Option (2)
A quotes Rs. 7x initially
B quotes Rs. 4x initially
The new ratio changes to 3 : 4
Change is decrease of Rs. 4 lakhs

7:4
3:4
decrease 4
Q1. Vijay purchased two different kinds of alcohol. In the first mixture the ratio
of alcohol to water is 3 : 4 and in the second mixture it is 5 : 6. If he mixes the
two given mixtures and makes a third mixture of 18 litres in which the ratio of
alcohol to water is 4 : 5, the quantity of the first mixture (whose ratio is 3 : 4)

that is required to make 18 litres of the third kind of mixture is

(1) 6
(2) 7
(3) 8
(4) 9
(5) None of these
Using Alligation method,
3/7----------------------------5/11
-----------------4/9-------------5/11 - 4/9------------------4/9 - 3/7
= 1/99-----------------------= 1/63
So, Ratio = 1/99 : 1/63 = 1/11 : 1/7 = 7 : 11
Required quantity = 7/18 x 18 = 7 ltrs

Q2. Two casks of 48 litres and 42 litres are filled with mixtures of milk and
water; the proportions in the two casks being respectively, 13 : 7 and 18 : 17. If
the contents of the two casks be mixed, and 20 litres of water be added to the
whole, what will be the proportion of milk and water in the resulting mixture ?
(1) 5 : 12
(2) 7 : 13
(3) 12 : 13
(4) 8 : 15
(5) None of these
n mixture A of 48 ltrs,
Milk = 13/20 x 48 = 156/5 ltrs
Water = 7/20 x 48 = 84/5 ltrs
In mixture B of 42 ltrs,
Milk = 18/35 x 42 = 108/5 ltrs
Water = 17/35 x 42 = 102/5 ltrs
In final mixture,
Milk = 156/5 + 108/5 = 265/5 ltrs
Water = 84/5 + 102/5 = 186/5 ltrs
Required Ratio = 264/5 : 186/5 + 20 = 264 : 286 = 12 : 13