An Indian trader smuggled in a tanker of petrol having capacity 12,000 litres from Bangladesh and sent it back filled with Kerosene. If he spent rs. 15000 as freight approximately what amount ( in Rs.) did he earn in the deal?
c) Rs. 1,87,000
Answer: b) Rs. 2,12,4000
Profit of the dealer=12000*(22.84-11.56)+12000(10.72-3.05)-15000
In india, a car owner at an average burns 5 litres of petrol per day. If the price of pertrol earlier was Rs. 2,52 per litre, how much does he have to pay extra per month?
Average extra expense per month=5*30*(22.84-21.52)=Rs.198
People of which countries have to pay more for LPG and less for pertrol in comparison to India?
a)Pakistan & Bangladesh
b)Pakistan & Thailand
c)Bangladesh & Thailand
d)Bangladesh & Nepal
Answer: c) Bangladesh and Thailand.
Here we should compare the price of LPG and petrol of various countries with that of India. A close perusal will give the above answer. Some of us may be mislead to mark Sri Lanka and Nepal. But that answer is not correct.
Study the graph and answer the questions given below:
X Axis – Years 88-89,90-91,91-92,93-94,94-95
Y Axis –production in Tonnes
During which year the percent increase in production was lowest as compared to previous year?
Answer: d) 94-95
Increase in 89-90=100% increase in 90-91=50%
Increase in 91-92=50%
Decrease in 92-93
Increase in 93-94=25%
Increase in 94-95=20% ( So the increase percent is lowest in 94-95)
The percent decrease in the production from 91-92 to 92-93 is
Answer: b) 11 1/9%
Percent decrease from 91-92 to 92-93=11 1/9% During 91-92—900
During which year, the percent increase in production was highest as compared to the previous year?
Answer: a) 89-90
Perusal of increase given in first question reveals percent increase in production was highest in 89-90(100%) as compared to the previous year.
The production in 89-90 in comparison to the production in 88-89 was:
Answer: a) 100%more
Production in 88-89=200
Increase in 89-90=400-200=200=100% increase.
The percent increase in production from 88-89 to 94-95 is:
During which year the Service Tax collection ( revenue)
Has grown by 48%?
Answer: c) 1997-98
During 1997-98 it has grown to 1515 from 1022 increase of 493 crore
During 1996-97 it has grown by 25% only. Against growth during 1998-99. 1999-2000 and 2001-02 is not nearing this number -48%. Hence anser is c) 1997-98.
During which year no. of services taxed was brought down by 10%?
Answer: d) 1999-2000
We have to look into the number of services taxed. During 1999-2000 number of services taxed was reduced to 27 from 30. That is reduction of 3=10% apart from this during 2000-01 it has been reduced by one service. During other years either it is same or the number of services taxes has only increased.