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# Quantitative Aptitude Quiz For IRDA AM 2023 -14th June

Q2. Rahul purchased five old TVS bike for Rs. 42,500. He spent Rs. 12,500 on the repairing and maintenance of these five bikes and sold one of these bikes at Rs. 12,500. Find the average selling price of remaining four bikes if he wants to earn a profit of 30% on selling all the bike.
(a) Rs. 14,500
(b) Rs. 16,000
(c) Rs. 14,750
(d) Rs. 15,750
(e) Rs. 15,500

Q4. A person has two articles. The cost price of first article is 25% more than that of another article. He sold cheaper article at 25% profit. At what % of profit, he should sell the other article so that he may get 40% of overall profit?
(a) 50%
(b) 48%
(c) 52%
(d) 55%
(e) 58%

Q5. The cost price of a product is Rs R. A person raises its price by X% and then offers a discount of Z% on it, so that the selling price becomes Rs R. If twice of Z is equal to X then find value of Z?
(a) 25%
(b) 40%
(c) 20%
(d) 50%
(e) 100%

Q6. Ratio between marked price of article P and Q is 3 : 4. Shopkeeper allowed d% discount on article P and (d + 15) % discount on article Q, due to which selling price of both articles become equal. If shopkeeper earned a profit of 8% on selling article P, and a profit of 12.5% on selling article Q and profit earned on article Q is Rs. 32 more than that of article P. Find the cost price of both articles respectively?
(a) 800 Rs. ,768 Rs.
(b) 848 Rs. ,816 Rs.
(c) 816 Rs. ,776 Rs.
(d) 824 Rs. ,792 Rs.
(e) None of these

Q8. A trader gives p% discount on the marked price and makes (p + 25) % profit. If he offers a discount of (p+10) %, then he makes (p+10) % profit. Find the percentage by which the marked price exceeds the cost price.?
(a) 40%
(b) 50%
(c) 45%
(d) 30%
(e) 60%

Q9. ‘P’ is a cold drink seller who marked up price of each cold drink bottle by 75% above C.P. and allow discount of 40% and made a profit of Rs. 15 on each bottle of cold drink. If ‘P’ allows 24% discount on each bottle, then find how much profit seller gets on selling 160 bottles?
(a) 15960 Rs.
(b) 15640 Rs.
(c) 15840 Rs.
(d) 15550 Rs.
(e) None of these

Solutions

## FAQs

### How many sections are there in the IRDAI exam?

There are 4 sections in the IRDAI assistant manager online preliminary exam. They are Reasoning, English Language, General awareness, Quantitative aptitude.