126 .
A bakery bakes cake with the expectation that it will earn a profit of 40% by selling each cake at marked price.
But during the delivery to showroom 16% of the cakes were completely damaged and hence could not be sold. 24% of the cakes were slightly damaged and hence could be sold at 80% of the cost price.
The remaining 60% of the cakes were sold at marked price.
What is the percentage profit in the whole consignment ?
A.2.4
B. 2.8
C. 3.2
D.3.6
E.4.0
View AnswerAns: 3.2
127 .
No stone is metal.
Some metals are papers.
All papers are glass.
Conclusions:
I. All stones being glass is a possibility.
II. No stone is paper.
A.Only conclusion I follows.
B. Only conclusion II follows.
C. Either conclusion I or conclusion II follows.
D.Neither conclusion I nor conclusion II follows.
E.Both conclusion I and II follows.
View AnswerAns: Only conclusion I follows.
128 .
If the true discount on a certain sum due 6 months hence at 15% is Rs. 120,
What is the banker${'}$s discount on the same sum for the same time and at the same rate ?