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Home Aptitude Problems on Numbers See What Others Are Saying!
  • Question
  • Srinivas bought 10 cycles for Rs. 1,750 each. He sold 4 cycles for Rs 8,400, 3 for Rs 1900 each . At what price should he sell the remaining cycles so as to earn an average profit of Rs 320 per cycle ?


  • Options
  • A. Rs. 1580
  • B. Rs. 2200
  • C. Rs. 1785
  • D. Rs. 1950

  • Correct Answer
  • Rs. 2200 

    Explanation

    He sold 4 cycles for Rs. 8400
    [It means each cycle price is Rs. 2100]
    And again he sold 3 cycles for Rs. 1900 each
    If he want to gain avg profit on each cycle is Rs. 320 per cycle.
    So profit for 10 cycles is @ Rs.320 is,
    10 x 320 = Rs. 3200
    He already got Rs. 1850 profit by selling 7 cycles.
    Now, remaining amount is 3200 - 1850 = 1350
    So from remaining 3 cycles we want to get Rs. 1350 profit ,
    1350/3 = 450
    so he must sell remaining 3 cycles at Rs. 2200 each one.

  • Tags: Bank Exams, CAT, Bank Clerk

    More questions

    • 1. The milk and water in two vessels are in the ratio of 3 : 1 and 7 : 11 respectively. In what ratio should the liquid in both the vessels be mixed to obtaina new mixture containing half milk and half water?

    • Options
    • A. 5 : 7
    • B. 4 : 9
    • C. 1 : 1
    • D. 4 : 7
    • Discuss
    • 2. In a mixture of 35 litres, the ratio of milk and water is 4:1. If 7 litres of water is added to the mixture, the ratio of milk and water of the new mixture will be

    • Options
    • A. 2:1
    • B. 1:2
    • C. 4:5
    • D. 5:4
    • Discuss
    • 3. 
      If the three- fourth of number is subtracted from the number, the value so obtained is 163. What is that number?

    • Options
    • A. 625
    • B. 562
    • C. 632
    • D. 652
    • Discuss
    • 4. 8 litres are drawn from a flask containing milk and then filledwith water. The operation is performed 3 more times. Theratio of the quantity of milk left and total solution is 81/625.How much milk the flask initially holds?

    • Options
    • A. 10 ltr
    • B. 20 ltr
    • C. 30 ltr
    • D. 40 ltr
    • Discuss
    • 5. The square root of 64009 is:

    • Options
    • A. 253
    • B. 347
    • C. 363
    • D. 803
    • Discuss
    • 6. 4, -8, 16, -32, 64, (....)

    • Options
    • A. 128
    • B. -128
    • C. 192
    • D. -192
    • Discuss
    • 7. 
      6.39 x 128.948 + 5.215 ÷ 12.189 + 25.056 =?

    • Options
    • A. 800
    • B. 900
    • C. 850
    • D. 950
    • Discuss
    • 8. 
      A 240 m long train crosses a platform of equal length in 27 s. What is the speed of the train in km/h?

    • Options
    • A. 48
    • B. 60
    • C. 56
    • D. 64
    • Discuss
    • 9. 
      If 1 / 3.718 = .2689, then the value of 1 / .0003718 is?

    • Options
    • A. 2689
    • B. 2.689
    • C. 26890
    • D. .2689
    • Discuss
    • 10. 
      A can do a piece of work in 24 days. If B is 60% more efficient than A, then the number of days required by B to do the same piece of work is?

    • Options
    • A. 10
    • B. 15
    • C. 12
    • D. 9.6
    • Discuss


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