Quiz Discussion

The price of raw materials has gone up by 15%, labor cost has also increased from 25% of the cost of raw material to 30% of the cost of raw material. By how much percentage should there be reduction in the usage of raw materials so as to keep the cost same?

• 1] 28%
• 2] 17%
• 3] 27%
• 4] 24%
• 5] Cannot determined

The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:

• 1] Rs. 72
• 2] Rs. 60
• 3] Rs. 75
• 4] Rs. 76

If the price of the commodity is increased by 50% by what fraction must its consumption be reduced so as to keep the same expenditure on its consumption?

• 1]

  1/4

• 2]

  1/3

• 3]

  1/2

• 4]

  2/3

From 2000 onwards, till 2003 the price of computers increased every year by 10%. After that due to government subsidy the price of computers decreases every year by 10%. The price of a computer in 2006 will be approx. how much per cent less than the price in 2000 if the same pattern of price is continued :

• 1] 2
• 2] 3
• 3] 4
• 4] 5

In an election between two candidates, the winner got 65% of the total votes cast and won the election by a majority of 2748 votes. What is the total number of votes cast if no vote is declared invalid?

• 1] 8580
• 2] 8720
• 3] 9000
• 4] 9160

A shopkeeper first raises the price of Jewellery by x% then he decreases the new price by x%. After such up down cycle, the price of a Jewellery decreased by Rs. 21025. After a second up down cycle the Jewellery was sold for Rs. 484416. What was the original price of the jewellery.

• 1] Rs. 5,26,000
• 2] Rs. 6,00,625
• 3] Rs. 5,25,625
• 4] Rs. 5,00,000
• 5] None of these

Half percent, written as a decimal, is

• 1] 0.2
• 2] 0.02
• 3] 0.005
• 4] 0.05

What percent is 3% of 5% ?

• 1]

  60%

• 2]

  15%

• 3]

  50%

• 4]

  30%

Population of a town increase 2.5% annually but is decreased by 0.5% every year due to migration. What will be the percentage increase in 2 years?

• 1] 5%
• 2] 4.04%
• 3] 4%
• 4] 3.96%

Out of the total production of iron from hematite, an ore of Iron, 20% of the ore gets wasted, and out of the remaining iron, only 25% is pure iron. If the pure iron obtained in a year from a mine of hematite was 80,000 kg, then the quantity of hematite mined from that mine in the year is

• 1] 5,00,000 kg
• 2] 4,00,000 kg
• 3] 4,50,000 kg
• 4] None of these