Professional Documents
Culture Documents
Quant Session #1 Airashi
Quant Session #1 Airashi
40. Discount ( )
A discount of 10 percent on an order of goods followed by a discount of 30 percent amounts
to
A) the same as one 13 percent discount
B) the same as one 27 percent discount
C) the same as one 33 percent discount
D) the same as one 37 percent discount
E) the same as one 40 percent discount
41. Inflation ( )
An inflationary increase of 20 percent on an order of raw materials followed by an inflationary
increase of 10 percent amounts to
A) the same as one 22 percent inflationary increase
B) the same as one 30 percent inflationary increase
C) the same as an inflationary increase of 10 percent followed by an inflationary
increase of 20 percent
D) less than an inflationary increase of 10 percent followed by an inflationary
increase of 20 percent
E) more than an inflationary increase of 10 percent followed by an inflationary
increase of 20 percent
42. Gardener ( )
A gardener increased the length of his rectangle-shaped garden by 40 percent and
decreased
its width by 20 percent. The area of the new garden
A) has increased by 20 percent
B) has increased by 12 percent
C) has increased by 8 percent
D) is exactly the same as the old area
E) cannot be expressed in percentage terms without actual numbers
43. Microbrewery ( )
Over the course of a year, a certain microbrewery increased its beer output by 70 percent. At
the same time, it decreased its total working hours by 20 percent. By what percent did this
factory increase its output per hour?
A) 50%
B) 90%
C) 112.5%
D) 210%
E) 212.5%
45. Diners ( )
A couple spent $264 in total while dining out and paid this amount using a credit card. The
$264 figure included a 20 percent tip which was paid on top of the price of the food which
already included a sales tax of 10 percent. What was the actual price of the meal before tax
and tip?
A) $184
B) $200
C) $204
D) $216
E) $232
46. Investments ( )
A lady sold two small investment properties, A and B, for $24,000 each. If she sold property
A for 20 percent more than she paid for it, and sold property B for 20 percent less than she
paid for it, then, in terms of the net financial effect of these two investments (excluding taxes
and expenses), we can conclude that the lady
A) broke even
B) had an overall gain of $1,200
C) had an overall loss of $1,200
D) had an overall gain of $2,000
E) had an overall loss of $2,000
49. Millionaire ( )
For every $20 that a billionaire spends, a millionaire spends the equivalent of 20 cents. For
every $4 that a millionaire spends, a yuppie spends the equivalent of $1. The ratio of money
spent by a yuppie, millionaire, and billionaire can be expressed as
A) 1 : 4 : 400
B) 1 : 4 : 100
C) 20 : 4 : 1
D) 100 : 4 : 1
E) 400 : 4 : 1
50. Deluxe ( )
At the Deluxe paint store, Fuchsia paint is made by mixing 5 parts of red paint with 3 parts of
blue paint. Mauve paint is made by mixing 3 parts of red paint with 5 parts blue paint. How
many liters of blue paint must be added to 24 liters of Fuchsia to change it to Mauve paint?
A) 9
B) 12
C) 15
D) 16
E) 18
Mixture Problems
15. Nuts ( )
A wholesaler wishes to sell 100 pounds of mixed nuts at $2.50 a pound. She mixes peanuts
worth $1.50 a pound with cashews worth $4.00 a pound. How many pounds of cashews
must she use?
A) 40
B) 45
C) 50
D) 55
E) 60
16. Gold ( )
An alloy weighing 24 ounces is 70 percent gold. How many ounces of pure gold must be
added to create an alloy that is 90 percent gold?
A) 6
B) 9
C) 12
D) 24
E) 48
17. Evaporation ( )
How many liters of water must be evaporated from 50 liters of a 3-percent sugar solution to
get a 10-percent solution?
A) 35
B) 33 1/3
C) 27
D) 16 2/3
E) 15
Inequalities
114 A
115 E
116 E
117 B
118 C
119 E
120 C