aptitude test part II

Question 1

(profit and loss) indiabix.com A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of $392, what was his profit?

Answer 1

72 (100 / 122.5) X 392 = 320 392-320 = 72

Question 2

(profit and loss) indiabix.com Some articles were bought at 6 articles for $5 and sold at 5 articles for $6. Gain percent is:

Answer 2

44%

Question 3

profit and loss (indiabix.com) When a plot is sold for $18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

Answer 3

25300 = (18700 / .85) = 22,000 X1.15 = 25300

Question 4

profit and loss (indiabix.com) trader mixes 26 kg of rice at $20 per kg with 30 kg of rice of other variety at $36 per kg and sells the mixture at $ 30 per kg. His profit percent is:

Answer 4

5%

Question 5

careerbless A man buys a scooter for $1400 and sells it at a loss of 15%. What is the selling price of the scooter?

Answer 5

1190 1400 X .15 = 210 1400 - 210 = 1190 or 14 X85

Question 6

An item was sold for $27.50 with a profit of 10%. If it was sold for $.25.75, what would have been the percentage of profit or loss?

Answer 6

3%

Question 7

tamilcube.com It takes one minute to fill 3/7 th of a vessel. What is the time taken in minutes to fill the whole of the vessel?

Answer 7

7/3

Question 8

tamilcube.com A can type 10 pages in 5 minutes. B can type 5 pages in 10 minutes. Working together, how many pages can they type in 30 minutes?

Answer 8

65

Question 9

(privatejobshub.com) What is 35% of a number if 12 is 15% of a number?

Answer 9

28

Question 10

(privatejobshub.com) If Sam can do a job in 4 days that Lisa can do in 6 days and Tom can do in 2 days, how long would the job take if Sam, Lisa, and Tom worked together to complete it?

Answer 10

1.09 days

Question 11

(privatejobshub.com) If 6 is 24% of a number, what is 40% of the same number?

Answer 11

10

Question 12

privatejobshub.com If r = 5 z then 15 z = 3 y, then r =

Answer 12

y

Question 13

TVM How long will it take $200 to double if it earns the following rates? 7%

Answer 13

10.244 years. PV = -200 FV = 400 I/Y = 7% N=10.244

Question 14

TVM An initial $500 compounded for 10 years at 6%

Answer 14

500 (1.06)^10 = 895.42 or PV=-500 I/Y = 6% N=10 FV=895.42

Question 15

wacc If a company can borrow at an interest of 10% and its marginal federal-plus-state tax ate is 40% its

Answer 15

after tax cost of debt is 6%
r(1-T) 10(1-.4)
6%

Question 16

TVM An initial $500 compounded for 10 years at 12%

Answer 16

$500 X (1.0 + .12)^10 = $1,552.92

Question 17

(wacc cost of preferred stock) A stock would have a price of $10 dividend per share and it would be priced at 97.50. The cost of preferred stock would be

Answer 17

10.3% (10/97.50)

Question 18

TVM The present value of $500 due in 10 years at 6%

Answer 18

279.20 (500/1.06)^10

Question 19

TVM The present value of $1,552.90 due in 10 years at 12% and at 6%.

Answer 19

12% 867.13

6% 867.1