Comparing Quantities Test

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Comparing Quantities Test - 5

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Weekly Quiz Competition

Question 1
1 / -0

Ram purchased 100 pens for Rs. 500 and sold them for Rs. 550, while Raghav purchased 100 pens for Rs. 600 and sold them for Rs. 750. For whom is the profit percentage higher and by how much?

A
Raghav, 15%

B
Ram, 15%

C
Raghav, 10%

D
Ram, 5%

Solution

Cost price of pens purchased by Ram = Rs. 500
S.P. = Rs. 550

Profit of Ram = S.P. - C.P. = 550 - 500 = Rs. 50
Profit % = 50/500 = 10%

Cost price of pens purchased by Raghav = Rs. 600
S.P. = Rs. 750

Profit = 750 - 600 = Rs. 150
Profit % = 150/600 = 25%

Raghav's profit percentage is higher by (25 - 10) = 15%.
Question 2
1 / -0

Which of the following statements is/are correct?

I. A sum of money is to be distributed among A, B and C in the respective ratio of 5 : 2 : 4. If C gets Rs. 1000. then B will get Rs. 550.
II. There are 15 persons invited for an interview. Out of them, 3 decline the invitation. The percentage of persons who accept the invitation is 80%.

A
Only statement 1

B
Only statement 2

C
Both statements 1 and 2

D
Neither statement 1 nor statement 2

Solution

1. Let A, B and C get 5x, 2x and 4x, respectively.
C gets Rs. 1000.

So, 4x = 1000
x = Rs. 250

Therefore, B gets 2x = Rs. 250 x 2 = Rs 500 (False)

2. Number of persons invited = 15
Number of persons who decline = 3

So, remaining persons = 15 - 3 = 12
Percentage of remaining persons = 12/15 x 100 = 80% (True)