Practice IBA Undergraduate Aptitude questions with answers and explanations.
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Worker-days remain constant for the same job.
Thus, 15 × 20 ÷ 12 = 25 workers.
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One-year compound amount is principal plus 12% interest.
Thus, 20,000 × 1.12 = Rs. 22,400.
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Twice the efficiency means twice the daily work rate.
Therefore, A takes half of 18 days, which is 9 days.
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Profit is shared in the ratio of investments, 3:5.
B receives 5/8 of Rs. 16,000 = Rs. 10,000.
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The selling price is 125% of the cost price.
Thus, cost price = 1,500 ÷ 1.25 = Rs. 1,200.
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The discount is 15% of Rs. 2,000, which is Rs. 300.
The sale price is Rs. 2,000 - Rs. 300 = Rs. 1,700.
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After a 10% discount, 90% remains; after another 20%, 80% of that remains.
The final price is 72%, so the total discount is 28%.
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Let cost be 100; marked price is 125 and sale price is 90% of 125 = 112.5.
The profit is 12.5 on a cost of 100.
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Simple interest is PRT/100.
So 5,000 × 8 × 3 ÷ 100 = Rs. 1,200.
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Using SI = PRT/100, 900 = P × 6 × 3/100.
Solving gives P = Rs. 5,000.
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Rate = SI × 100 ÷ (P × T).
Thus, 800 × 100 ÷ (4,000 × 5) = 4%.
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Compound amount is P(1 + r)².
Thus, 10,000 × 1.1² = Rs. 12,100.
