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Welcome to Icome Quiz Corner

Q1. A person covers a distance in 40 minutes. If he runs at a speed of 45km/h on an average. find the speed at which he must run to reduce the time of journey to 30 minutes.

(a) 90km/h (b) 60km/h (c) 30km/h (d) 40km/h

Solution.
Time taken and speed are inversely proportional

S1 T1 = S2 T2

45 x 40 = S2 x 30

S2 = 60 km/h



Solution

Q2. A trader bought a T.V at 20% discount on its original price. He sold it at a 40% increase on the price he bought it . What percentage of profit did he make on the original price.

(a) 16% (b) 12% (c) 13% (d) 15%

Solution.
percentage of profit = a + b + ab/100

= 40 - 20 - 800/100

= 12%
Solution

Q3. A watch passes through three hands and each gains 25%. If the third sells it for Rs 250. what did the first pay for it ?

(a) Rs. 96 (b) Rs. 64 (c) Rs. 128 (d) Rs. 100

Solution.
= 250(100/125)3

= 250 x (4/5)3

= 128
Solution

Q4. 5 men can prepare 10 toys in 6 days working 6hrs a day. Then in how many days can 12 men prepare 16 toys working 8 hrs a day ?

(a) 3 days (b) 4 days (c) 5 days (d) 6 days

Solution.
(a) 3 days

W2M1D1T1 = W1M2D2T2
Solution

Q5. A person sells an article at a profit of 10% . If he had bought it at 10% less and sold it for Rs. 3 more, he would have gained 25%. find the cost price .

(a) Rs.120 (b) Rs.100 (c) Rs.150 (d) Rs.80

Solution.
(a) Rs.120
Solution

Q6. What annual payment will discharge a dept of Rs.900 in 4 yrs at 4% per annum ?

(a) Rs.100 (b) Rs.200 (c) Rs.212.26 (d) Rs.350

Solution.
=
900 x 100/4 x 100 +
4 x 3 x 4/2


=
90000/400 + 24


=
90000/424


= 212.26
Solution

Q7. A sum of money double itself in 4 yrs at a S.I. In how many years will it amount to 10 times itself.

(a) 30yrs (b) 36yrs (c) 40yrs (d) 45yrs

Solution.
x times in = No. of yrs to double (x-1)

10 times in = 4 x (10-1)

= 4 x 9

= 36yrs
Solution

Q8. If A's salaary is 25% more than that of B, then how much percent is B's salary less than that of x.

(a) 5% (b) 10% (c) 15% (d) 20%

Solution.
=
r/100 + r
x 100 %

=
25/125
x 100 %

= 20%
Solution

Q9. A sum of Rs. 5000 deposited at C.I becomes double after 5 years. After 20 years, it will become.

(a) 80k (b) 90k (c) 70k (d) 60k

Solution.
(n1)1/t1 = (n2)1/t2

(2)1/5 = (x)1/20

(2)20/5 = x

24 = x

x = 16 times

So, the sum become = 5000 x 16

= 80,000
Solution

Q10. The effective annual rate of 6% per annum payable halfyearly.

(a) 6.02% (b) 6.09% (c) 6.06% (d) 7%

Solution.
(b) 6.09%

Note: ie = (l + i/m)m - 1

ie = effective rate

i = Normal rate

m = No. of compounding
Solution