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Nairaland Forum / Nairaland / General / Education / Not For The Weak Minds; Try This Quantitative Reasoning Question. (21986 Views)
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Not For The Weak Minds; Try This Quantitative Reasoning Question. by paranorman(m): 4:55pm On Jul 14, 2014 |
Out of the total money on her, Kelly took 20% off with her and left over the rest at home on her way to the market. On getting to the market, she saw a radio she liked but found out its price (initial) on its manufacturer's list was 25% higher than what she took to the market. So she thought she could work something out with the seller but was disappointed when told the list got old, prices were adjusted due to inflation and the radio could only be sold at a price which was 50% of her left-over at home; this price was a mark-up of 14 whole and 2/7 % on the original price the seller should have sold it and make a decent profit. The difference between the original price and initial price is what percent of total money Kelly had? What percent of the profit is the mark-up price? 1 Like 1 Share |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Onlinebizexpert(m): 5:21pm On Jul 14, 2014 |
Bros you see any isaac newton for nairaland? 32 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by paranorman(m): 5:44pm On Jul 14, 2014 |
Onlinebizexpert: Bros you see any isaac newton for nairaland?hehehe.. Dem dey na.. Dem just dey run from this question. Som people no wan stress their brains.. Hehehe.. Like i said, its not for the weak minded 1 Like |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 6:09pm On Jul 14, 2014 |
(1) 12.5% of the total amount . (2) 114.285714% . my own will come too 9 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by paranorman(m): 6:15pm On Jul 14, 2014 |
hopelink1: (1) 12.5% of the total amount . (2) 114.285714% . my own will come toogreat! 1: wrong! 2. Wrong! Kudos to you for attempting sha.. Thumbs up! |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 9:27pm On Jul 14, 2014 |
paranorman:re-phrase question 2 grammar pls 1 Like |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by paranorman(m): 11:05am On Jul 15, 2014 |
hopelink1: re-phrase question 2 grammar plsthere's nothing to raphrase there. The question is xaclty what you think it is.. Just assimilate it. 1 Like 1 Share |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by jayseehe(m): 11:55pm On Jul 20, 2014 |
I'm good in mathematics, but who much will I be paid for stressing my brain 7 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by kobonaire(m): 11:55pm On Jul 20, 2014 |
Let's say Kelly initially had x Naira. So if she too 20% then Money taken to market : 0.2x Money left at home : 0.8x Radio initial listing price was 25% higher than what she took to the market which means 1.25 * 0.2x= 0.25x Seller adjusted price was 50% of what she had left at home => 0.5*0.8x= 0.4x And this price is a 14 2/7% markup of what it actually should have listed for => 1.1427 of what it should have listed for. (The question becomes ambiguous here IMHO). Anyway if the original price is y then the mark up price is 1.1427y and since it is equal to 50% of what she left at home=> 1.1427y=0.4x The difference between the original price and initial price is what percent of total money Kelly had? Original price = 0.4x , initial price = 0.25x => difference - (0.4-0.25)x = 0.15x and as a percentage of what Kelly had = 0.15x/x = 0.15 (15%) What percent of the profit is the mark-up price? Isn't this simply the mark up? I don't get the question, please clarify @paranorman [size=13pt]UPDATE[/size] So the OP has responded saying that the answer to the second question is "INSUFFICIENT DATA" .... abeg, that was rather disappointing, why ask us a question that does not have an answer (simply admit you messed up the question ) ..... see the post here 23 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by rattlesnake(m): 11:57pm On Jul 20, 2014 |
hamas and isreal dey fight 5 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by habisodun(m): 11:58pm On Jul 20, 2014 |
HMMMMMMMM |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by seunwen2(m): 11:59pm On Jul 20, 2014 |
Abeg who get Maggi i wan fry akara 6 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Youngzedd(m): 11:59pm On Jul 20, 2014 |
Some seconds remaining to enter another wonderful day. 2 Likes
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Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Osama92(m): 11:59pm On Jul 20, 2014 |
Nairaland now belongs to Kid's posting stupid question on front page....smh |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Youngzedd(m): 12:01am On Jul 21, 2014 |
Good morning Nairalanders. |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by BrAkingNews: 12:01am On Jul 21, 2014 |
ok ooo |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by FinSheppard: 12:01am On Jul 21, 2014 |
Let me try |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by jhydebaba(m): 12:03am On Jul 21, 2014 |
Abeg, if I get the answer hope say I go rich pass Dangote if no, then I see no reason why I should stress my brain. Na money sure pass. |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by bunmioguns(m): 12:04am On Jul 21, 2014 |
just here to read comments 3 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Donkaz(m): 12:04am On Jul 21, 2014 |
Am coming |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by NwaNimo1(m): 12:05am On Jul 21, 2014 |
she for carry credit card to prevent all dis calculations, 7 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Obinoscopy(m): 12:05am On Jul 21, 2014 |
Olodos 1 Like |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 12:05am On Jul 21, 2014 |
Thats very easy. y'all dont nid to crack ya brain. very easy. just type the questn in google and ansa wil pop up ASAP. 2 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 12:06am On Jul 21, 2014 |
Tell u the truth bro,I don't like mathematics 1 Like |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Beennkumar(m): 12:08am On Jul 21, 2014 |
I hate mathematics! 2 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by adextetoo(m): 12:08am On Jul 21, 2014 |
Sits and watching for somebody to finish so that I can dub/copy |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by FinSheppard: 12:08am On Jul 21, 2014 |
Obinoscopy: OlodosMR super moderator. Pls my first and only thread. Please help me publish on front page if possible. Thank you |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 12:11am On Jul 21, 2014 |
U all have answered correctly,no need of me commenting 1 Like |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 12:11am On Jul 21, 2014 |
. |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by yommyphresh(m): 12:14am On Jul 21, 2014 |
I don't belong here *strolls out of thread with head bowed and hands behind back* 2 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nobody: 12:14am On Jul 21, 2014 |
paranorman: Out of the total money on her, Kelly took 20% off with her and left over the rest at home on her way to the market. On getting to the market, she saw a radio she liked but found out its price (initial) on its manufacturer's list was 25% higher than what she took to the market. So she thought she could work something out with the seller but was disappointed when told the list got old, prices were adjusted due to inflation and the radio could only be sold at a price which was 50% of her left-over at home; this price was a mark-up of 14 whole and 2/7 % on the original price the seller should have sold it and make a decent profit. The wording is throwing me off, don't initial and original mean the same thing? Also, I don't believe the question is correct: For example, say she has 100 naira, and only took 20%, that means she took 20naira to the market and left 80 naira at home. Now the radio was 25% higher than her 20naira, wich means radio was 25/100 * 20naira + 20naira = 25naira. If the radio could only be sold for 50% of her money left at home(80 naira), then radio now cost 40 naira. However 40 naira doesn't represent a 14 2/7% increase from 25 naira, hence I believe the problem might be wrong. 7 Likes |
Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Nastydroid(m): 12:14am On Jul 21, 2014 |
*spreads math* waiting for jackpot and the rest 1 Like |
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