1. A merchant can buy goods at the rate of Rs. 20 per good. The particular good is part of an overall collection and the value is linked to the number of items that are already on the market. So, the merchant sells the first good for Rs. 2, second one for Rs. 4, third for Rs. 6…and so on. If he wants to make an overall profit of at least 40%, what is the minimum number of goods he should sell? (4)
- (1) 24
- (2) 18
- (3) 32
- (4) 27
- (5) None of these
2. In a local election, 2400 people were to vote for Party A or Party B. Party A was bound to win the election. However, on Election Day, 33.33% of the voters of Party A were kidnapped. Party B was also able to influence the remaining Party A voters and thus double the strength of its voters. In this way, Party A lost by a majority which was half of that by which it would have won had the elections been fair. How many people finally voted for Party A and Party B? (1)
- (1) 600(A), 1200(B)
- (2) 300(A), 600(B)
- (3) 450(A), 900(B)
- (4) 600(A), 900(B)
- (5) None of these
3. Three cars leave A for B in equal time intervals. They reach B simultaneously and then leave for Point C which is 240 km away from B. The first car arrives at C an hour after the second car. The third car, having reached C, immediately turns back and heads towards B. The first and the third car meet a point that is 80 km away from C. What is the difference between the speed of the first and the third car? (1)
- (1) 60 kmph
- (2) 80kmph
- (3) 20 kmph
- (4) 40 kmph
- (5) None of these
4. A trader marked his goods at 20% above the cost price of Rs.245346. He sold half the stock at the marked price, one-quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. His total gain is- (1)
- (1) 2%
- (2) 15%
- (3) 2.75%
- (4) 13.5%
- (5) None of these
5. There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate? (3)
- (1) 2160
- (2) 3120
- (3) 3972
- (4) 6240
- (5) None of these