Solved Examples Set 3 (Quantitative Ability)

1. A man pays 10% of his income for his income tax. If his income tax amounts to $ 1500, what is his income?

   1. $ 13000
   2. $ 15000
   3. $ 17000
   4. $ 19000
   5. $ 11000

   Let x = income
   10% of x = $ 1500
   0.1x = $ 1500
   x = \(1500 \over 0.1\) = $ 15000

2. A shopkeeper buys 300 identical articles at a total cost of $ 1500. He fixes the selling price of each article at 20% above the cost price and sells 260 articles at the price. As for the remaining articles, he sells them at 50% of the selling price. Calculate the shopkeeper's total profit.

   1. $ 180
   2. $ 185
   3. $ 200
   4. $ 190
   5. $ 170

   cost price of each item = \( 1500 \over 300 \) = $ 5
   selling price at 20% above the cost price = 5 + 5 × .2 = $ 6
   selling price of 260 items = 260 × 6 = $ 1560
   selling price of remaining 40 items = 40 × 6 × .5 = $ 120
   Total profit = 1560 + 120 - 1500 = $ 180

3. A can do a piece of work in 10 days and B can do it in 15 days. The number of days required by them to finish it, working together is

   1. 8
   2. 7
   3. 6
   4. 4
   5. 3

   A's 1 day work = \(1 \over 10\)
   B's 1 day work = \(1 \over 15\)
   Now both A and B's 1 day work = \({1 \over 10} + {1 \over 15}\) = \(3 + 2 \over 30\) = \(1 \over 6\)
   Hence the work by both A and B will be completed in 6 days.

4. Which of the following is the largest?

   1. half of 30% of 280
   2. one-third of 70% of 160
   3. twice 50% of 30
   4. three times 40% of 40
   5. 60% of 60

   Let us calculate the value of each:
   A. 0.5 × 0.3 × 280 = 42
   B. 0.33 × 0.7 × 160 = 36.96
   C. 2 × 0.5 × 30 = 30
   D. 3 × 0.4 × 40 = 48
   E. 0.6 × 60 = 36

5. If n! = n ⋅ (n − 1) ⋅ (n − 2) ⋅ (n − 3) . . . 2 ⋅ 1, what is the value of \(\frac{(6!)(4!)}{(5!)(3!)}\)

   1. 5/4
   2. 8/5
   3. 10
   4. 24
   5. 1152

   \(\frac{(6!)(4!)}{(5!)(3!)}\) = \(\frac{(6 . 5 . 4 . 3 . 2 . 1)(4 . 3 . 2. 1)}{(5 . 4 . 3 . 2 . 1)(3 . 2 . 1)}\) = \(\frac{6 . 4}{1}\) = 24

6. The closest approximation of \(\frac{69.28 × .004}{.03}\) is

   1. 0.092
   2. 0.92
   3. 9.2
   4. 92
   5. 920

   This problem is most easily completed by rearranging and approximating as follows:
   (69.28 x .004)/.03 ≅ 69 x .1 = 6.9
   which is the only reasonably close answer to 9.2

7. A shopkeeper bought a radio from a wholesaler for $ 250.00. In addition, he paid a sales tax of 15% on the cost price. He then sold the radio for $ 315.00. Calculate the cash profit made by the shopkeeper.

   1. $ 20.00
   2. $ 22.50
   3. $ 25.00
   4. $ 27.50
   5. $ 27.00

   cost price = $ 250
   sales tax = .15 × 250 = $ 37.5
   cash profit = 315 - 250 - 37.5 = $ 27.5

8. 5873 + 12034 + 1106 = ?

   1. 19016
   2. 20001
   3. 19013
   4. 2018
   5. 19010

   5873 + 12034 + 1106 = 17907 + 1106 = 19013

9. A person's net income is $ 1373.70 and he pays an income tax of 5%. His gross income in dollars must be

   1. 1446
   2. 1118.96
   3. 1308.29
   4. 1438.25
   5. 1211.21

   Let gross income in dollars = x
   then according to the statement,
   x = 5% of x + 1373.70
   x - 0.05x = 1373.70
   0.95x = 1373.70
   x = \(137370 \over 95\) = 1446

10. A and B can reap a field in 30 days, working together. After 20 days, however, B is called away and A takes 20 days more to complete the work. B alone could do the whole work in

    1. 48 days
    2. 50 days
    3. 56 days
    4. 60 days
    5. 64 days

    (A + B)'s 20 day's work = \(1 \over 30 \) × 20 = \(2 \over 3 \)
    Remaining work = 1 - \(2 \over 3 \) = \(1 \over 3 \)
    Now, \(1 \over 3 \) work is done by A in 20 days.
    Therefore, the whole work will be done by B in 20 × 3 = 60 days.

11. A shop owner blends three types of coffees, A, B and C, in the ratio 3:5:7. Given that type A coffee costs $ 70 per kg, type B coffee costs $ 100 per kg and type C coffee costs $ 130 per kg, calculate the cost per kg of the blended mixture.

    1. $ 106
    2. $ 108
    3. $ 109
    4. $ 110
    5. $ 105

    Cost per kg = 70 x 1/5 + 100 x 1/3 + 130 x 7/15 = $ 108 per kg

12. 5789 - 2936 + 1089 = ?

    1. 3942
    2. 4041
    3. 2626
    4. 3932
    5. 3940

    5789 - 2936 + 1089 = 6878 - 2936 = 3942

13. Rashid's salary was reduced by 20%. In order to restore his salary at the original amount, it must be raised by

    1. 20%
    2. 22.50%
    3. 25%
    4. 26%
    5. 27%

    Let Rashid's Salary 100
    20% reduced salary is 80
    As the reduced amount is 20
    So what percentage of the present sallary is required to be equal to 20?
    ?% of 80 = 20
    ? = \(20 \over 80\) × 100 = 25%

14. A single discount equivalent to a discount series of 20%, 10% and 25% is

    1. 55%
    2. 54%
    3. 46%
    4. 42%
    5. 50%

    If 3 succesive discounts are a%, b% and c%
    then single discount = a + b + c – (\(ab \over 100 \) + \(bc \over 100\) + \(ca \over 100 \) – \(abc \over 10000 \))
    a = 20, b = 10, c = 25, solving we get, 46%.

15. \( {1250 \over 25} × 0.5 = ? \)

    1. 250
    2. 50
    3. 2.5
    4. 25
    5. 125

    \( {1250 \over 25} × 0.5 = 50 × 0.5 = 25 \)

16. \( {0.027 \over 90} = ? \)

    1. 0.0003
    2. 0.03
    3. 3
    4. 0.00003
    5. 0.003

    \( {0.027 \over 90} = {27 \over 1000 × 90} = {3 \over 10000} = 0.0003 \)

17. ?% of 60 = 24

    1. 40
    2. 48
    3. 45
    4. 42
    5. 38

    ?% × 60 = 24
    \(? = {24 \over 60} × 100 \) = 40

18. By selling 60 chairs, a man gains an amount equal to selling price of 10 chairs. The profit percentage in the transaction is

    1. 10%
    2. 15%
    3. 16.67%
    4. 20%
    5. 22%

    selling price of 60 chairs = selling price of 10 chairs
    profit of 60 chairs = profit of 10 chairs
    profit of 6 chairs = profit of 1 chair
    profit of 1 chair = profit of 1/6 chair
    profit %age = 1/6 x 100 = 16.67%

19. 8 : ? :: 1 : 4

    1. 24
    2. 16
    3. 0
    4. 32
    5. 20

    ? × 1 = 8 × 4
    ? = 32

20. A man saves $ 500, which is 15% of his annual income. How much does he earn in one year?

    1. $ 3542.5
    2. $ 3333.33
    3. $ 3132.3
    4. $ 3075.75
    5. $ 4444.4

    Let annual income = x
    15% of x = 500
    x = \(500 \over 15\) × 100 = \(10000 \over 3\) = 3333.33

Solved Examples Set 1
Solved Examples Set 2
Solved Examples Set 3