Q1. A trader sold 90 quintals wheat at 8% profit and 50 quintals wheat at 10% profit. Had he sold all the wheat at 9% profit he would have earned Rs 120 more. Find per quintal cost price of wheat.
(a) Rs 250
(b) Rs 300
(c) Rs 350
(d) Rs 400
(e) None of these
Q2. A trader sells one type of sugar at 10 rupees per kg and suffered a loss of 20%. While he sells the other type of sugar at Rs 15 per kg and makes profit 25%. Now he mixes both type of sugar in equal proportion and sells the mixture at 18 rupees per kg. Find his profit/ loss now.
(a) 46 (3/49)%
(b) 47 (3/49)%
(c) 47 (46/49)%
(d) 46 (46/49)%
(e) None of these
Q3. Uday has some amount with him. 25% of it is stolen in a bus, 10% is lost through a hole in the pocket, 50% of the remaining is spent on food. He then, purchases a book worth Rs 26 from the remaining. He walks back home because all his money is over. What was the initial amount?
(a) Rs 160
(b) Rs 1230
(c) Rs 90
(d) Rs 80
(e) None of these
Q4. The percentage value of rate of increase of the price of sugar is observed to be 2% more than the inflation rate expressed in percentage. The price of sugar on January 1, 2004 is Rs 20 per kg. The inflation rates of the years 2004 and 2005 are expected to be 8% each. The expected price of sugar on January 1, 2006 would be”.
(a) Rs 23.60
(b) Rs 24.00
(c) Rs 24.20
(d) Rs 24.60
(e) None of these
Q5. A sum of money invested for 14 years was in Scheme A which offers simple interest at a rate of 8% p.a. The amount received from Scheme A after 14 years was then invested for two years in Scheme B which offers compound interest (compounded annually) at a rate of 10% p.a. If the interest received from Scheme B was Rs 6678, what was the sum invested in Scheme A?
(a) Rs 15,500
(b) Rs 14,500
(c) Rs 16,500
(d) Rs 12,500
(e) Rs 15,000
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