Quiz Discussion

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

The shopkeeper increased the price of a product by 25% so that customer finds difficult to purchase the required amount. But Somehow the customer managed to purchase only 70% of the required amount. What is the net difference in the expenditure on that product ?

• 1] 55 more
• 2] 10% more
• 3] 12.5% less
• 4] 17.5% less
• 5] None of these

A man buys a truck for Rs. 2,50,000. The annual repair cost comes to 2% of the price of purchase. Besides, he has to pay an annual tax of Rs. 2000. At what monthly rent must he rent out the truck to get a return of 15% on his net invests of the first year?

• 1] Rs. 3359
• 2] Rs. 2500
• 3] Rs. 4000
• 4] Rs. 3212.5

In an examination 80% candidates passed in English and 85% candidates passed in Mathematics. If 73% candidates passed in both these subjects, then what per cent of candidates failed in both the subjects?

• 1] 8
• 2] 15
• 3] 27
• 4] 35

The number which exceeds 16% of it by 42 is :

• 1]

  50

• 2]

  52

• 3]

  58

• 4]

  60

• 5]

  None Of These

The cost of packaging of the mangoes is 40% the cost of fresh mangoes themselves. The cost of mangoes increased by 30% but the cost of packaging decreased by 50%, then the percentage change of the cost of packed mangoes, if the cost of packed mangoes is equal to the sum of the cost of fresh mangoes and cost of packaging :

• 1] 14.17%
• 2] 7.14%
• 3] 8.87%
• 4] 6.66%

If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or decrease in expenditure on the commodity?

• 1] 4% increase
• 2] 4% decrease
• 3] 8% increase
• 4] 8% decrease

The population of a town increased from 1,75,000 to 2,62,500 in a decade. The average percent increase of population per year is:

• 1]

  4.37%

• 2]

  5%

• 3]

  6%

• 4]

  8.75%

The rate of increase of the price of sugar is observed to be two percent more than the inflation rate expressed in percentage. The price of sugar, on January 1, 1994 is Rs. 20 per kg. The inflation rates of the years 1994 and 1995 are expected to be 8% each. The expected price of sugar on January 1, 1996 would be

• 1] Rs. 23.60
• 2] Rs. 24
• 3] Rs. 24.20
• 4] Rs. 24.60
• 5] None of these

Half percent, written as a decimal, is

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