Test of the Day for IDBI Executive Exam 2018: 24th March 2018

Dear Aspirants,

Q1. The cost price of three varieties of apples namely A, B and C is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of apple in which these three varieties of apple are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?

Solution:

Q2. A person bought two tables for Rs. 2200. He sells one at 5% loss and the other at 6% profit and thus on the whole he neither gains nor loses. Find the cost price of each table.

Solution:

Q3. A sells goods to B at five-thirds to that rate of profit at which B has decided to sell it to C. C, on the other hand, sells it to D at one-third the rate of profit at which B sold it to C. If D gives Rs. 2145 to C at 10% profit, how much did A buy it for?

Solution:

Q4. Uday wants to sell 40 chairs. If he sells them at Rs. 156 per chair, he would be able to sell all the chairs. But for every Rs. 6 increment in price, he will be left with one additional unsold chair. At what selling price would he be able to maximize his profits (assuming unsold chairs remain with him)?

Solution:

Q5. A merchant makes a profit of 20% by selling an article. What would the percentage change have been in the profit percentage had he paid 10% less for it and the customer paid 10% more for it with respect to previous selling price?

Solution:

Q6. After retiring she spent (A) / most of her time teaching young (B) / doctors and motivating themselves (C) / to work in rural areas. (D) / No error (E)

Q7. Since this foreign bank has (A) / not performed very good this year (B) / it will not be setting (C) / up any new branch. (D) / No error (E)

Q8. Our Chairman is deeply concerned (A) / about the environment (B) / and plans to take some steps to reduce the (C) / pollution caused by our factories. (D) / No error (E)

Q9. He was afraid that his parents (A) / would not allow him to (B) / make the film so he did (C) / not tell them about it. (D) / No error (E)

Q10. I was previously posted (A) / in Singapore and it (B) / took me a long time (C) / to accustom to the food. (D) / No error (E)

Directions (11-15): In these questions, the symbols @, #, $, * and © are used with different meanings as follows. 
‘A @ B’ means ‘A is smaller than B.’
‘A # B’ means ‘A is either smaller than or equal to B’.
‘A $ B’ means ‘A is greater than B.’
‘A * B’ means ‘A is either greater than or equal to B.’
 A © B’ means ‘A is neither greater than nor smaller than B.’ In each question, three statements showing relationships have been given, which are followed by two Conclusions I and II. Assuming that the given statements are true, find out which conclusion(s) is/are definitely true.

Q11. Statements: 
H # Q, Q @ F, L $ F
Conclusions: 
I. L $ H
II. H # F

Q12. Statements: 
 J $ T, T @ V, V # M
Conclusions: 
I. T # M
II. J © M

Q13. Statements: 
 U # D, D @ R, R © T
Conclusions: 
I. U @ R
II. T $ D

Q14. Statements: 
 M * L, L $ K, K @ R
Conclusions: 
I. M * R
II. M @ R

Q15. Statements: 
 J @ N, N © W, W $ V
Conclusions: 
I. J © V
II. J @ W

• Learn more new words and their meaning to improve your vocabulary.
• Click here for New Pattern English Language Quiz.
• Computer Aptitude Questions for bank exams.
• Computer Study Notes for bank exams