q: The purchase price of an article is $48. In order to include 15% of cost for overhead and to provide $12 of net profit, the markup should be
Options:
(A) 15%
(B) 25%
(C) 35%
(D) 40%
(E) 45%
a: Stream of consciousness: Cost price of article = 48$
% of overhead cost = 15
Net profit = 12 $
We need to calculate % markup
Net profit as % of cost price = (12/48)*100 = 25%
Total markup should be = 25 + 15 = 40% The answer is (D).

question: If six persons sit in a row, then the probability that three particular persons are always together is?
Options:
(A) 1/9
(B) 1/6
(C) 1/5
(D) 1/2
(E) 1/3
answer: Stream of consciousness: Six persons can be arranged in a row in 6! ways. Treat the three persons to sit together as one unit then there four persons and they can be arranged in 4! ways. Again three persons can be arranged among them selves in 3! ways. Favourable outcomes = 3!4! Required probability = 3!4!/6! = 1/5 The answer is (C).

q: In what time will a railway train 40 m long moving at the rate of 36 kmph pass a telegraph post on its way?
Options:
(A) 5 sec
(B) 4 sec
(C) 3 sec
(D) 6 sec
(E) 1 sec
a: Stream of consciousness: T = 40/36 * 18/5 = 4 sec The answer is (B).

question: The average age of a family of 6 members is 40 years.If the age of the youngest member is 7 years,what was the average age of the family at the birth of the youngest member?
Options:
(A) 33
(B) 18
(C) 21
(D) 12
(E) 19
answer: Stream of consciousness: Present age of total members = 6 X 40 = 240
7 yrs back their ages were = 6 x 7 = 42
Ages at the birth of youngest member = 240 - 42 = 198
Therefore, avg age at the birth of youngest member = 198/6 = 33. The answer is (A).

q: The average age of a class of 32 students is 16 yrs. if the teacher's age is also included, the average increases by one year. Find the age of the teacher
Options:
(A) 29 Years
(B) 32 Years
(C) 37 Years
(D) 49 Years
(E) 50 Years
a: Stream of consciousness: Total age of students is 32X16 = 512 Years
Total age inclusive of teacher = 33X (16+1) = 561
So, Teacher's age is 561-512 = 49 Yrs
There is a shortcut for these type of problems
Teacher's age is 16+(33X1) = 49 Years The answer is (D).

q: ELFA, GLHA, ILJA, _____, MLNA
Options:
(A) IOH
(B) HTY
(C) YOU
(D) FLQ
(E) KLLA
a:
Stream of consciousness: The second and forth letters in the series, L and A, are static. The first and third letters consist of an alphabetical order beginning with the letter The answer is (E).