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New India Assurance Profit Loss — practice questions — page 2

Explore 40 free Profit Loss questions in New India Assurance Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Profit Loss questions and exercises with answers

Showing questions 31–40 of 40.

Complete the cost price ruleRead the answer and worked solution →For a fixed distance, if the speed is increased then the time taken:Read the answer and worked solution →A journey takes 120 km at a steady 60 km per hour. The time taken is:Read the answer and worked solution →Zaheeda doubles her speed on the same route. The time she takes:Read the answer and worked solution →A car covers 300 km at 50 km per hour. At 75 km per hour the same trip would take:Read the answer and worked solution →A train 150 m long runs at 54 km per hour. The time it takes to pass a pole is:Read the answer and worked solution →A train 200 m long crosses a 100 m platform at 36 km per hour. It takes:Read the answer and worked solution →A man travels equal distances at 40 km per hour and at 60 km per hour. His average speed is:Read the answer and worked solution →A man covers a distance in 6 hours at 40 km per hour. To cover it in 4 hours he must travel at:Read the answer and worked solution →A car uses 4 litres of petrol for 60 km. Its mileage in km per litre is:Read the answer and worked solution →

Worked practice questions

Complete the cost price rule

Read exercise and reference answers
Missing parts
  1. Answer
    buying
    Choices
    1. buying
    2. marked
    3. sale
  2. Answer
    overhead
    Choices
    1. overhead
    2. tax
    3. discount
  3. Answer
    larger
    Choices
    1. larger
    2. smaller
    3. the same
Complete the statement
Cost price is the {0} price plus any {1} expenses incurred after buying. Leaving those out makes the profit look {2} than it is.
The reason a seller can lose money on a sale that looks profitable. Source: syllabus Maths, Ch 7 Comparing Quantities.

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For a fixed distance, if the speed is increased then the time taken:

  1. Decreases
  2. Increases
  3. Stays the same
  4. Doubles
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Correct answer: A. Decreases

1. Speed and time are in inverse proportion when the distance is fixed. 2. If we increase the speed, the time taken to cover a given distance decreases. 3. Doubling the speed halves the time, and tripling it cuts the time to one third. 4. The product of speed and time stays equal to the distance throughout. 5. That constant product is what every question of this type turns on. _Source: syllabus Maths, Ch 11 'Direct and Inverse Proportions', S11.3 Inverse Proportion_

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A journey takes 120 km at a steady 60 km per hour. The time taken is:

  1. 1.5 hours
  2. 2 hours
  3. 2.5 hours
  4. 3 hours
Show answer and solution

Correct answer: B. 2 hours

1. Time is distance divided by speed. 2. Here the distance is 120 km and the speed is 60 km per hour. 3. So the time is 120 / 60. 4. That is 2 hours. 5. Checking the other way, 60 km per hour for 2 hours covers 120 km. _Source: syllabus Maths, Ch 11 'Direct and Inverse Proportions', S11.3 Inverse Proportion_

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MensurationMultiplicationNumber PropertiesSimple InterestSquares And RootsPercentagesNumber SystemRatio and Proportion