Search found 38 matches


An examination consists of 150 questions that are each worth one mark. Shabnam answered

An examination consists of 150 questions that are each worth one mark. Shabnam answered 80% of the first 75 questions correctly. What percent of the remaining 75 questions does she need to answer correctly so as to obtain an overall score of 60%?

(A) 20

(B) 40

(C) 50

(D) 60

(E) 70


A factory can sell all the books it produces at the selling price of $60 each. It costs the factory

A factory can sell all the books it produces at the selling price of $60 each. It costs the factory $40 in materials and labor to produce each item and an additional amount of overhead expenses of $3000 per week to operate the factory. What is the number of books that the factory must produce and se...


After selling a watch, Watch store found that it had incurred a loss of 10%. If Watch store had instead

After selling a watch, Watch store found that it had incurred a loss of 10%. If Watch store had instead sold the watch for $27 more, then it would have made a profit of 5%. If Watch store had sold the watch for a 5% profit, what would have been the actual initial loss as a percentage of the profit e...


A furniture store wishes to sell 40 chairs. If each chair is sold at $156, then the store would be able to sell

A furniture store wishes to sell 40 chairs. If each chair is sold at $156, then the store would be able to sell all the chairs. But for every $6 increase in the price of a chair, the store will be left with one additional unsold chair. Assuming that unsold chairs will remain with the store, at what ...


Re: Raymond and Ronald are moving upwards on an escalator that is travelling up. The speeds at which Raymond and Ronald

It is interesting to note that even though Ronald is travelling at a slower speed than Raymond, he takes fewer number of steps to reach the top. How could this happen? We can realize that since Ronald travels slower, much of his walking effort is taken up by the escalator. Consider an extreme case. ...


Re: An investment index has 12 shares. Three of these shares, namely, R, H and F have weightage

Let the value of the index be 100. Then, the shares of R, H and F have the respective values: 7, 13 and 15. The remaining shares would have the value of 100 - (7 + 13 + 15) = 65. Since the values of the shares rose by 9%, 10% and 4%, the new values of R, H, and F wil be 7.63, 14.3 and 15.60. The new...


A pet shelter holds forty dogs and cats. The average age of the dogs is 16.66 months and the average age of the cats

A pet shelter holds forty dogs and cats. The average age of the dogs is 16.66 months and the average age of the cats is 18.75 months. The average age of all the animals combined is 17.5 months. The difference between the number of dogs and cats is eight. How many cats live in the shelter? (A) 12 (B)...


An investment index has 12 shares. Three of these shares, namely, R, H and F have weightage

An investment index has 12 shares. Three of these shares, namely, R, H and F have weightage of 7%, 13% and 15% respectively. Over a period of two years, the prices of these shares rose by 9%, 10% and 4% respectively and the index rose by 6%. What was the increase in the prices of the remaining share...


Mona travels from town D to town A at a constant speed of 60 km/hr and from town A to town J at a constant speed

Mona travels from town D to town A at a constant speed of 60 km/hr and from town A to town J at a constant speed of 80 km/hr. She calculates her overall average speed in going from towns D to J via A to be 65 km/hr. What is the ratio of the distances "D to A" and "A to J"? (A) 2 ...


Three workers are hired to build a wall. Worker A can build the wall in 10 days if they work alone

Three workers are hired to build a wall. Worker A can build the wall in 10 days if they work alone. Worker B can demolish the wall in 15 days and worker C can demolish the wall in 20 days. Worker A starts work on the first day and worker B starts work on the second day. On the third day, worker A wo...


Two runners are racing on a circular track that is 500 m long. They start from the same point on the track

Two runners are racing on a circular track that is 500 m long. They start from the same point on the track and run in the same direction. The ratio of their speeds is 2 : 3. The faster runner travelled a total distance of 8 km. How many times did the runners meet each other on the track? (1 km = 100...


Raymond and Ronald are moving upwards on an escalator that is travelling up. The speeds at which Raymond and Ronald

Raymond and Ronald are moving upwards on an escalator that is travelling up. The speeds at which Raymond and Ronald are moving are in the ratio 2 : 1. Raymond has to climb 40 steps to reach the top, while Ronald has to climb 30 steps to reach the top. The escalator had to be turned off due to an eme...


Re: A grocer bought 10 dozen bottles of jam at $18 per dozen from the wholesale market. The grocer found

The total cost price (CP) of the ten dozen bottles at $18 a bottle is equal to 10*$18 or $180. The transportation costs equal $24. So, the total CP = $180 + $24 = $204. Since the grocer earned a profit of 10%, this must mean that they earned a profit earned of $20.4 (10% of $204). So, the grocer's s...


Re: Carol bought a toolbox for $X and then sold it for $Y

ALTERNATIVE METHOD: Let the cost price (CP) X be $100. Since the article was sold at a profit of 20%, its selling price (SP) would be $120. We are given that If the toolbox had cost 15% less, its CP would have been $85. If the SP of the toolbox had been $76 less, then the profit would have been 30%...

by Mikrislac

Mon Aug 03, 2020 9:57 am
Forum: Problem Solving
Topic: Carol bought a toolbox for $X and then sold it for $Y
Replies: 2
Views: 417

Carol bought a toolbox for $X and then sold it for $Y

Carol bought a toolbox for $X and then sold it for $Y, thereby earning a profit of 20%. Had the value of X been 15% less and the value of Y $76 less, Carol would have earned a profit of 30% . What was the value of X?

A. $400

B. $600

C. $640

D. $800

E. $840

by Mikrislac

Sun Aug 02, 2020 4:07 pm
Forum: Problem Solving
Topic: Carol bought a toolbox for $X and then sold it for $Y
Replies: 2
Views: 417