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QUANT FOR SBI PO PRELIM TEST 2






We bring you the complete and important daily QUANT  to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.

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Directions (1– 5): Answer the questions after studying the following graph carefully.

Percentage Profit or Loss = (Income-Expenditure)/Expenditure×100


(Expenditure and Income in Crores)

1. What is the ratio of the percentage profit of company 2 and company 6?

a) 28 :9

b) 21:7

c) 21:6

d) 29:9

e) None of these

2. What is the percentage profit/loss put together by companies 1 and 7?

a) 10% loss

b) 12.5% profit

c) 14% profit

d) No profit or loss

e) None of these

3. If the income of Company 2 has increased 10% from the previous year and if the profit earned is 15% in the previous year what was its expenditure then?

a) 18.96 Crores

b) 14.22 Crores

c) 15.29 Crores

d) 14.28 Crores

e) None of these

4. The expenditure of Company 6 is 15% more than that of the previous year. The company earned a profit of 12% in the previous year. What was its income then?

a) 18.26 Crores

b) 2.19 Crores

c) 20.45 Crores

d) Cannot be determined

e) None of these

5. Which among the following company had the highest percentage profit /loss?

a) Company 1

b) Company 4

c) Company 5

d) Company 7

e) None of these

6.Directions: Based on the statements answer the question that follows:

The below problem contains a question and two statements giving certain data. You have to select the correct answer from (a) to (e) depending on the sufficiency of the data given in the statements to answer the question. Mark your answer as

In an election, 3 candidates A B, and C were representing for membership of parliament. How many votes did each receive?

(I)A received 1006 votes more than B and 1213 more votes than C

(II) Total votes cast were 15.414.

1. Either of the statements () and (II) is sufficient.

2 If statement (1) alone is sufficient

3. If statements (1) and all together are not sufficient

All both () and () together are sufficient but neither of statements alone is sufficient

7.Directions: Based on the statements answer the question that follows:

The problems below contain a question and two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the questions.

What is the distance from city A to city C in kms?

(1) City A is 90 kms from City B.

(II) City B is 30 kms from City C.

1. Both statements together are sufficient but neither of statements alone is sufficient.

2. Both together are not sufficient.

3. Statement (II) alone is sufficient but statement (1) alone is not sufficient.

4. Statement (1) alone is sufficient but statement (II) alone is not sufficient.

8.Directions: Based on the statements answer the question that follows:

The problems below contain a question and two statements giving certain data. You have to decide whether the data given in the statements are sufficient for answering the questions.

Is A = C? Here, A, B, C are real numbers

(1) A-B=B-C

(II) A-2C = C-2B

1. If statement (II) alone is sufficient but statement (I) alone is not sufficient.

2. If statement (1) alone is sufficient but statement (II) alone is not sufficient.

3. If both statements together are sufficient but neither of statements alone is sufficient.

4. If both together are not sufficient.

9.A team of 8 persons joins in a shooting competition. The best marksman scored 85 points. If he had scored 92 points, the average score for the team would have been 84. The number of points, the team scored was?

A. 657
B. 658
C. 665
D. 678

10.An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes?

A. 10%
B. 10.25%
C. 10.5%
D. 10.75%

ANSWER:::

1.Answer. (c)

Explanation: Company 2 percentage profit/loss = [(24 - 18)/18] × 100 = 600/18 %

Company 6 percentage profit/loss= [(23 - 21)/21] × 100= 200/21%

Required ratio = 21:6.

2.  Answer. (d)

Explanation:

Total expenditure of Companies 1 and 7= 37

Total Income of Companies 1 and 7= 37

Hence, neither profit nor loss.

3.Answer. (a)

Explanation: Income of Company 2 the previous year= (100/110) × 24 = 21.81 crores

Let x be the expenditure of company 2 the previous year.

So, 15 = (21.81 - x)/x × 100

⇒ 0.15 x = 21.81 - x

⇒1.15 x =21.81

⇒ x = 18.96 crores

4.Answer. (c)

Explanation: Expenditure of Company 6 the previous year = 21 × (100/115) = 18.26 crores

So, the previous year Profit, 12 = (Income -18.26)/18.26 × 100

Income = 20.45 crores.

5. Answer.. (a)

Explanation:

Company 1 percentage profit/loss= (19-17.5)/17.5 × 100 = 8.5%

Company 4 percentage profit/loss= (19.5-18.5)/18.5 × 100 = 5.1%

Company 5 percentage profit/loss= (22.5-22)/22 × 100 = 2.2%

Company 7 percentage profit/loss= (19.5-18)/19.5 × 100 = 7.6%

6.Solution: From statement I, We can't find the votesreceived by each candidate from this statement. So thisstatement alone is not sufficient to answer the question
From statement II, We can find the total votes in theelection but this statement is also not sufficient to answerthe question. From statement I and II, Let B and C received

'x' and 'y' votes respectively, then, Votes received by A = Votes received by B + 1006 - A = x + 1006 ………..(1) And, votes received by A = Votes received by C +1213 = A = y + 1213 ……..2
 x + 1006 = y + 1213
X - y = 207.........3
And, A + B+ C = 15,414 
X+1006+x+y=15414…....(4) By solving the equations (3) and (4) we can find the votes received by each candidate.

7.Solution: Statement 1 Tells us about Distance of City B from City A i.e. 90 Kms The Statement alone does not tell anything about the distance of City C from City A. Statement 2 Tells us about Distance of City C from City B i.e. 30 Kms - The Statement alone does not tell anything about the distance of City C from City A Moreover together also the statements are not able to classify as whether City B is en-route from City A to City C, and hence we cannot determine the exact distance between City A & City C.

8.Solution: Statement 1 - A - B = B-C + A+ C = 2B ... (i) Statement 1 alone can't tell us anything about real number A or real number C Statement 2 - A- 20 = C - 2B A + 2B = 30 .(ii) Statement 2 alone can't tell usanything about real number A or real number C Statement(i) & Statement (ii) Together Solving Eq. (ii) substituting values of 2B from Eq (i) A + A +C = 3C A + 2B = 3C 2A = 2C - A = C Hence both statements together are required to solve the question.

9.Answer – C. 665

Explanation:
Let the total score be x.
Then, (x + 92 – 85) / 8 = 84.
Therefore, x + 7 = 672 => x = 665.

10.Answer – B. 10.25%

Explanation:
Let the sum be Rs. 100. Then,
Simple Interest for first 6 months = Rs.[ (100 x 10 x 1)/(100 x 2) ]= Rs.5
S.I. for last 6 months =Rs.[(102 x 10 x 1)/(100 x 2) ] = Rs.5.25
Hence, amount at the end of 1 year = Rs. (100 + 5 + 5.25) = Rs. 110.25
Therefore, Effective rate = (110.25 – 100) = 10.25%