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Take Test: Assignment -3

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You are enabled for only one attempt. Pass Cut off is 50 % Kindly contact your Instructor for Attempt 2.

Instructions Timed Test

This Test has the time limit of 1 hour. This Test will save and submit automatically when the time expires. Warnings appear when half the time, 5 minutes, 1 minute, and 30 seconds remain. Multiple Attempts Not allowed. This Test can only be taken once. Force Completion Once started, this Test must be completed in one sitting. Re maining Time:

04 minutes, 00 seconds.
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Question 1
1.

A man buys article for Rs. 27.50 and sells it for Rs. 28.60. What will be the gain or loss percentage of the man.
Answer

4% 2% 3% 5%
1 points

Question 2
1.

"What will be the selling price, if the cost price is Rs. 56.25 and the Gain % is 20."
Answer

65.23 61.23 67.5

64.23
1 points

Question 3
1.

"If a man purchased a radio for Rs. 40 and sold it for Rs. 200, what is his profit percentage?"
Answer

3% 4% 7% 5%
1 points

Question 4
1.

What will be the cost price when the selling price is Rs. 40.60 and gain % is 16.
Answer

Rs 23 Rs 53 Rs. 35 Rs. 24
1 points

Question 5
1.

"A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?"
Answer

Rs. 12000 in cash "Rs. 12,880 at credit" Both offers are equally good 1800 at credit
1 points

Question 6
1.

What will be the present worth of Rs. 930 due 3 years hence at 8% per annum?
Answer

700 750 800 540


1 points

Question 7
1.

The true discount on a bill due 9 months hence at 12% per annum is Rs.540. What will be the amount of the bill and its present worth?
Answer

"Amount= 6500, Present Worth=6100" "Amount= 6540, Present Worth=6000" "Amount= 6450, Present Worth=5900" "Amount= 6600, Present Worth=5000"
1 points

Question 8
1.

A man buys an article for Rs. 27.50 and sells it for Rs. 28.60. What is his gain percent?
Answer

5% 4% 6% 5.20%
1 points

Question 9
1.

" What will be the selling price, if the cost price is Rs. 80.40 and Loss % is 5."
Answer

Rs. 68.34 Rs 63.43 Rs 36.45 Rs 34.23


1 points

Question 10
1.

What will be the cost price if the selling price is Rs. 51.70 and loss % is 12.
Answer

Rs. 58.75 Rs 53.75 Rs 52.75 Rs 54.34


1 points

Question 11
1.

"If the cost price is 96% of the selling price, what is his profit or loss %?"
Answer

Profit 3.71% Profit 3.34% Profit 4.17% Profit 5.23%


1 points

Question 12
1.

The cost price of 21 articles is equal to the selling price of 18 articles.What will be the profit or loss %.
Answer

Gain 17 2/3% Gain 18 2/3% Gain 16 2/3% Gain 14 2/3%


1 points

Question 13
1.

A man bought 6 bananas for Rs. 10 and sold 4 bananas for Rs. 6. What will be the gain or loss %.
Answer

Loss 11% Loss 12% Loss 10% Loss 15%

1 points

Question 14
1.

"After selling 33m of clothes, one gains the selling price of 11m.What will be the gain percent."
Answer

20% 55% 50% 23%


1 points

Question 15
1.

A man bought 3 toffees for a rupee. How many for a rupee must he sell to gain 50%?
Answer

1 3 2 4
1 points

Question 16
1.

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
Answer

1910 1110 1280 1190


1 points

Question 17
1.

What will be the Simple interest on Rs. 68000 at 16 2/3 % p.a. for 9 months.
Answer

Rs. 8500 Rs. 8230

Rs 8110 Rs 8232
1 points

Question 18
1.

A sum at simple interest at 13 % p.a. amounts to Rs. 2502.50 after 4 years.What will bethe sum.
Answer

Rs 1652 Rs 1662 Rs. 1625 Rs 1629


1 points

Question 19
1.

At what rate percent per annum will a sum of money double in 16 years?
Answer

6 % p.a. 7 % p.a 5 % p.a 4 % p.a


1 points

Question 20
1.

"What is the domain and range of the following relation {(-1, 2), (2, 51), (1, 3), (8, 22), (9, 51)}?"
Answer

"Domain= -1,2,1,8,9 Range= 2,51,3,22" "Domain= 2, 1, 8 Range= 51, 3, 22" "Domain= 2,8 Range= 2, 22" "Domain= -1, 1, 9 Range= 51, 3, 51"
1 points

Question 21
1.

"What is the domain and range of the following relation {(-5, 6), (21, -51), (11, 93), (81, 202), (19, 51)}?"
Answer

"Domain= -5,21,11,81,19 Range= 6,-51,93,202,51" "Domain=21, 11, 81, 19 Range= 6, 93, 202, 51" "Domain= 21, 11, 19 Range= -51, 93, 51" "Domain= -5, 21, 11, 81, 19 Range= 6, -51, 202"
1 points

Question 22
1.

Which relations below are functions?


Answer

"Relation #1 {(-1, 2), (-4, 40), (1, 2), (8,-51)}" "Relation #2 {(13, 14), (13, 5) , (16,7), (18,13)}" "Relation #3 {(3, 90), (4, 54), (6, 71), (8, 90)}" "Relaton #4 {(1,3)(2,4)(2,5)(3,4)}"
1 points

Question 23
1.

Discrete distribution is also called ________________ frequency distribution.


Answer 1 points

Question 24
1.

"If a selling price is 4/3 of the cost price of an article, the ____________ will be 25 ."
Answer 1 points

Question 25
1.

The simple interest on Rs.10 for 4 months at the rate of 3 paisa per rupee per month is Rs. __________.
Answer 1 points

Question 26
1.

"A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of what percent?"
Answer

0% 5% 7.5% 10%
1 points

Question 27
1.

"What is the percentage of rate, if the true discount on Rs. 2562 due 4 months is Rs. 122?"
Answer

12% 33% 15% 14%


1 points

Question 28
1.

"A trader owes a merchant Rs. 10,028 due 1 year. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay?"
Answer

"Rs. 9,025.20" "Rs. 9,200" "Rs. 9,600" "Rs. 9,560"


1 points

Question 29
1.

"If Rs. 10 is a true discount on a bill of Rs. 110 due at the end of a certain time, then what will be the discount allowed on the same sum due at the end of double the time?"
Answer

Rs. 20 Rs. 21.81 Rs. 22

Rs. 18.33
1 points

Question 30
1.

"A sum of Rs. 800 amounts Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much? "
Answer

Rs 999 Rs 929 Rs. 992 Rs 919


1 points

Question 31
1.

"What will be the compound interest on Rs. 7500 at 4% p.a. for 2 years, compounded annually. "
Answer

Rs. 612 Rs. 661 Rs 626 Rs 656


1 points

Question 32
1.

In what time will Rs. 1000 become Rs. 1331 at 10% p.a. compounded annually?
Answer

3 years 2 years 4 years None of the above


1 points

Question 33
1.

"What will be the compound interest on Rs. 8000 at 15% p.a. for 2 years 4 months, compounded annually."
Answer

12190 11019 11109 13245


1 points

Question 34
1.

______________ of data leads to false conclusions.


Answer 1 points

Question 35
1.

A dishonest dealer professes to sell his goods at cost price but uses a weight of 960gms for a kg. weight. What is his gain percent?
Answer

4% 3% 5% 6%
1 points

Question 36
1.

An article is sold at a certain price. By selling it at 2/3 of that price one losses 10%. What will be the gain percent at original price?
Answer

30% 35% 42% 37%


1 points

Question 37
1.

"What will be the compound interest on Rs. 16000 at 20% p.a. for 9 months, compounded annually. "
Answer

Rs 2255 Rs. 2555 Rs 2225 Rs 2525


1 points

Question 38
1.

A certain sum amounts to Rs. 7350 in 2 years and to Rs. 8575 in 3 years.What will be the sum and rate percent.
Answer

rate 17 2/3% and Sum = Rs. 5200 rate 17 2/3% and Sum = Rs. 5400 rate 16 2/3% and Sum = Rs. 5200 rate 16 2/3% and Sum = Rs. 5400
1 points

Question 39
1.

What will be the compound interest on a sum of Rs. 25000 after 3 years at the rate of 12% p.a.?
Answer

Rs 12093.12 Rs 12654.56 Rs. 10123.20 Rs . 12973.23


1 points

Question 40
1.

At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
Answer

6% 7% 8% 4%
1 points

Question 41

1.

What will be the present worth of Rs. 930 due 3 years hence at 8% p.a. Also find the discount.
Answer

Rs. 185 Rs. 180. Rs . 170 Rs 175


1 points

Question 42
1.

"What will be the price paid for the use of borrowed money or, money earned by deposited funds."
Answer

Simple interest Compound interest Interest Assets


1 points

Question 43
1.

What will be insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage?
Answer

Insurance Sum due Time discount Premium


1 points

Question 44
1.

The ratio of cost price and selling price is 4:5. The profit percentage is ________.
Answer 1 points

Question 45
1.

"If loss is 1/3 of the selling price, the loss percent is __________ %."
Answer 1 points

Question 46
1.

"By selling an article for Rs. 100, a man gains Rs. 15. Then his gain % is ________."
Answer 1 points

Question 47
1.

Which of the following is not a characteristic of Statistics?


Answer

Statistics are aggregates of facts. Statistics is affected to a marked extent by multiplicity of causes. It helps in bringing out the hidden relations between variables. Statistics are collected in a systemic manner.
1 points

Question 48
1.

"A common man cannot handle statistics properly, only _________ can handle statistics properly."
Answer 1 points

Question 49
1.

"Who defined statistics as ""By statistics we mean quantitative data affected to a market extent by multiplicity of causes.""?"
Answer

Yule and Kendall Webster Prof.A.L.Bowley Tippet


1 points

Question 50
1.

Which among the following is not a function of statistics?


Answer

It presents the facts in a definite for. "With the help of statistics, decision making process becomes easier." It simplifies the mass of data. It helps in comparison of data of different kind.
1 points

Question 51
1.

Statistics can be referred as a subject that deals with ________ facts and figures.
Answer 1 points

Question 52
1.

Statistics does not study individual facts because individual items taken separately do not form a statistical data.
Answer True False 1 points

Question 53
1.

A man gains 70 paise on Rs. 70. What will be his gain percentage?
Answer

1 2 0.50 5
1 points

Question 54
1.

Which relations below are functions?


Answer

"Relation #1 {(3,4), (4,5), (6,7), (8,9)}" "Relation #2 {(3,4), (4,5), (6,7), (3,9)}"

"Relation #3 {(0,4), (4,-5), (0,0), (8,9)}" "Relation #4 {(8, 11), (34,5), (6,17), (8,19)}"
1 points

Question 55
1.

Which relations below are functions?


Answer

"Relation #1 {(3,4), (4,5), (6,7), (3,-9)}" "Relation #2 {(3,4), (4,5), (6,7), (5,4)}" "Relation #3 {(0,4), (4,-5), (0,0), (8,9)}" "Relation #4 {(8, 11), (34,5), (6,17), (6,19)}"
1 points

Question 56
1.

"For the relation {(8, 11), (34,5), (6,17), (X ,22) } to be a function, X cannot which values among the following?"
Answer

"8, 34, 6" "11, 5, 17" "8, 34, 6, 11, 5, 17, 22" "8, 34, 6, 11, 5, 17"
1 points

Question 57
1.

"For the relation {(12, 13), (-11, 22), (33, 101), (X ,22)} to be a function, X cannot which values among the following?"
Answer

"12, -11, 33" "13, 22, 101" "12, -11, 33, 13, 22, 101, 22" "12, 33"
1 points

Question 58
1.

The classified facts respecting the condition of the people in a state especially those facts which can be stated in numbers or in tables of numbers or in any tabular or classified arrangement. This definition is given by ___________.
Answer 1 points

Question 59
1.

"For the relation {(12,14), (13,5) , (-2,7), (X,13)} to be a function, X cannot which values among the following?"
Answer

"12, 13, -2" "14, 5, 7, 13" "12,13,-2, 14, 5, 7, 13" "12,13,-2, 14, 5, 7"
1 points

Question 60
1.

Statistics deals with which among the following?


Answer

Qualitative data Qualitative and quantitative data Quantitative data Productive data

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