GRE Practice Question and Answer

Q: How important is positive attitude to you ? 1347 0

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Answer :
Explanation :

With a positive attitude you see the bright side of life, become optimistic, and expect the best to happen. It is certainly a state of mind that is well worth developing. Not only it enriches one’s experience of life, but it also paves the way for self-development leading one towards attaining the desired results. As regards employment, it is a valuable thing to maintain positive attitude. Whether you are a manager or a subordinate, maintaining positive attitude in the work place brings lots of benefits while allowing you to fulfill your objectives successfully.A positive frame of mind can help you in many ways, such as:- Making you feel inspired.- Identification.- Believing in yourself and in your abilities.- You look for solutions, instead of dwelling on problems.- The most important thing is building relations.

Q: How do you inspire others to be better ? 1381 0

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Answer :
Explanation :

Inspiration is powerful, but it isn’t easy. If you want to be a positive influence, capable of inspiring your loved ones to become better versions of themselves, please consider these:- Be a good example.- Read them.- Care about others.- Encouragement.- Be inspired yourself.- Share your own experience.- Share your success as well as your failures.- Be a good mentor.- Make them to trust you.

Q: The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is: 1432 0

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    32
    Correct
    Wrong
  • 2
    40
    Correct
    Wrong
  • 3
    16
    Correct
    Wrong
  • 4
    30
    Correct
    Wrong
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Answer : 1. "32"
Explanation :

Answer: A) 32 Explanation: Let C.P. of each Magazine be Rs. 1 C.P. of P articles = Rs. P.  S.P. of P articles = Rs. 40.   Profit = Rs. (40 - P)   Now, Gain% = ProfitC.P×100 = 40-PP×100    Here 40-PP×100= 25 -->P = 32.

Q: A trader mixes 36 kg of rice at Rs. 20 per kg with 14 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is: 2295 0

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    25%
    Correct
    Wrong
  • 2
    21.14%
    Correct
    Wrong
  • 3
    22.54%
    Correct
    Wrong
  • 4
    27.32%
    Correct
    Wrong
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Answer : 3. "22.54%"
Explanation :

Answer: C) 22.54% Explanation: C.P. of 50 kg rice = Rs. (36 x 20 + 14 x 36) = Rs. (720 + 504) = Rs.1224.   S.P. of 56 kg rice = Rs. (50 x 30) = Rs.1500. Profit = 1500 - 1224 = Rs.276    Profit % = ProfitC.P×100  = 2761224×100 = 22.54%.

Q: In a certain Business, the profit is 220% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ? 1746 0

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    61%
    Correct
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  • 2
    75%
    Correct
    Wrong
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    55%
    Correct
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  • 4
    81%
    Correct
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Answer : 1. "61%"
Explanation :

Answer: A) 61% Explanation: Let C.P.= Rs. 100. Then, Profit = Rs.220,  S.P. = Rs.320.   New C.P. = 125% of Rs. 100 = Rs. 125  New S.P. = Rs.320. Profit = Rs. (320 - 125) = Rs. 195   Required percentage = 195320×100== 60.9 =~ 61%

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Answer : 2. "Both a & b follows"
Explanation :

Answer: B) Both a & b follows Explanation: Enforcing a penalty will motivate people to pay the bills. So, course of action a follows.It is general tendency to act accordingly when a penalty clause slapped. So, course of action b follows.

Q: Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ? 4757 0

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    Rs. 5422
    Correct
    Wrong
  • 2
    Rs. 5489
    Correct
    Wrong
  • 3
    Rs. 4511
    Correct
    Wrong
  • 4
    Rs. 6145
    Correct
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Answer : 3. "Rs. 4511"
Explanation :

Answer: C) Rs. 4511 Explanation: Now as per question, Karan invested for 12 months and Satish invested for 7 months. So, Karan:Satish = (29000 x 12):(18000 x 7) = 348:126 = 58:21   Satish Ratio in profit will be= 16970×2179 = Rs. 4511

Q: Ravi, Anand and Pranay are running a business firm in partnership. What is Anand's share in the profit earned by them? a. Ravi, Anand and Pranay invested the amounts in the ratio of 2 : 4 : 7. b. Pranay's share in the profit is Rs. 8750. 1422 0

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    Only a is sufficient
    Correct
    Wrong
  • 2
    Neither a nor b is sufficient
    Correct
    Wrong
  • 3
    Only b is sufficient
    Correct
    Wrong
  • 4
    Both a and b sufficient
    Correct
    Wrong
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Answer : 4. "Both a and b sufficient"
Explanation :

Answer: D) Both a and b sufficient Explanation: Given Pranay's profit in the share is Rs. 8750 But given that their investments are in the ratio 2:4:7 713×P = 8750 P = 16250 Now Anand's share = 413×16250 = Rs.5000 Thus both staements a and b are sufficient to answer this question.

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