The profits of Biscuits India Ltd soared by 32% in the year 2006 - 07 as compared to year 2005 - 06. By what percentage did Biscuits India's Sales increase in 2006 - 07 compared to the previous year? (Assume: Profit = Sales - Expenses) Decide whether the information given in the two statements is sufficient to solve the problem.
Statement (1): Expenses in 2006 - 07 were Rs 1,400 crores, as compared to Rs 1,220 crores in 2005 - 06
Statement (2): Sales in 2006 - 07 were Rs 4,300 crores
(a) Any one of the two statements (1) or (2) taken alone, is sufficient to answer the question.
(b) Each of the statement (1) or (2) taken alone, is sufficient to answer the question.
(c) Both statements, taken together, are sufficient to answer the question, but neither of them alone is sufficient
(d) Both the statements together are insufficient to answer the question.
Q3. A salesman sells two kinds of trousers: cotton and woollen. A pair of cotton trousers is sold at 30% profit and a pair of woollen trousers is sold at 50% profit. The salesman has calculated that if he sells 100% more woollen trousers than cotton trousers, his overall profit will be 45%. However he ends up selling 50% more cotton trousers than woollen trousers. What will be his overall profit?
(a) 37.5% (b) 40% (c) 41% (d) 42.33% (e) None of the above
Q4. John, Mona and Gordon, three US based business partners, jointly invested in a business project to
supply nuclear fuel to India. As per their share in the investment, Gordon will receive
2 3
of the profits
whereas John and Mona divide the remainder equally. It is estimated that the income of John will increase by $60 million when the rate of profit rises from 4% to 7%. What is the capital of Mona?
(a) $2000 million (b) $3000 million (c) $5000 million (d) $8000 million
Q5. A space research company wants to sell its two products A and B. If the product A is sold at 20% loss and the product B at 30% gain, the company will not lose anything. If the product A is sold at 15% loss and the product B at 15% gain, the company will lose Rs. 6 million in the deal. What is the cost of product B?
(a) Rs. 140 million (b) Rs. 120 million (c) Rs. 100 million (d) Rs. 80 million
Vessels A and B contains 4 litres and 6 litres of two different samples of acid.If the contents of two vessels are mixed, the result is 35% acid concentration. If one litre each from A and B are mixed,the result is 36% acid concentration.The amount of pure acid in A and B ( in litres ) are:
Q.1: Two friends A and B simultaneously start running around a circular track . They run in the same direction. A travels at 6 m/s and B runs at b m/s. If they cross each other at exactly two points on the circular track and b is a natural number less than 30, how many values can b take? Ans is 3 ,...Approach?
Two towns are at a distance of 240 km from each other. A motorist takes 8 hours to cover the distance, if he travels at a speed of V0 km / hr from A to an intermediate town C, and then continues on his way with an acceleration of x km /hr2. He needs the same time to cover the whole distance if he travels from A to C at V0 km/hr and from C to B at V1 km /hr or from A to C at V1 km / hr and from C to B V0 km / hr. Find V0 if the accelerations x is double V0in magniturde and V0 not equal to V1