21.
A merchant sells an item at a 20 percent discount. but still makes a
gross profit of 20 percent of the cost.
What percent of cost would be gross profit on
the item have been if it had been sold without the discount?
(A) 20% (B)
40% (C) 50%
(D) 60% (E) 66.6%
Ans :c) 50%
22. A millionaire bought a job lot of hats 1/4 of which were brown. The
millionaire sold 2/3 of the hats including 4/5 of the
brown hats. What fraction of the unsold hats
were brown.
(A)1/60 (B)1/15 (C)3/20 (D)3/5 (E)3/4 Answer
:c)3/20
23. How many integers n greater than and less than 100 are there
such that, if the digits of n are reversed, the resulting
integer is n+9 ? (A)5 (B)6 (C)7 (D)8 (E)9
Answer :D)8
24. An investor purchased a shares of stock at a certain price. If
the stock increased in price Rs 0.25 per share and the
total increase for the x shares was Rs
12.50, how many shares of stock had been purchased ?
(A)25 (B)50 (C)75 (D)100 (E)125
Answer :B)50
25. At a special sale, 5 tickets can be purchased for the price of
3 tickets. If 5 tickets are purchased at the sale, the
amount saved will be what percent of the
original price of the 5 tickets?
(A)20% (B)33.3% (C)40% (D)60%
(E)66.6% Answer :c)40%
26. Working independently, Tina can do a certain job in 12 hours.
Working independently, Ann can do the same job in 9
hours. If Tina works independently at the
job for 8 hours and then Ann works independently, how many hours will it
take Ann to complete the remainder of the
jobs?
(A)2/3 (B)3/4 (C)1 (D)2 (E)3 Ans
:E)3
27. A decorator bought a bolt of d m number of red chips in any one
stack ?
(A)7 (B)6 (C)5 (D)4 (E)3
Answer :C) 5