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GMAT Quantitative Review

Practice Set - 15
gmat quantitative review
Answer
1. B
2. A
3. C

The market price of an article was 40% more than its cost price. I was going to sell it at market price to a customer, but he showed me some defects in the article, due to which I gave him a discount of 28.57%. next day he came again and showed me some more defects, hence I gave him another discount that was equal to 12.5% of the cost price. What was the approximate loss to me? A. Loss of 4% B. Loss of 12.5% C. Loss of 12% D. Loss of 10% Q2. A man buys 5 kgs of rice and 7 kgs of dal for Rs. 339 and his wife buys 5 kgs of dal and 7 kgs of rice for Rs. 321. Find the cost of rice and dal in Rs. per kg.

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