Banking Awareness

Q1. ____________ is a percentage of the premium appropriated towards charges before allocating the units under the policy.
(a) Premium Allocation Charge
(b) Surrender Charges
(c) Policy/Administration Charges
(d) Fund Management Fees
(e) Mortality Charges

S1. Ans.(a)
Sol. Premium Allocation Charge is a percentage of the premium appropriated towards charges before allocating the units under the policy. This charge normally includes initial and renewal expenses apart from commission expenses.

Q2. Which among the following is not a public sector insurance company?
(a) Life Insurance Corporation of India (LIC)
(b) Bajaj Allianz Life Insurance
(c) The new India assurance company limited (NIACL)
(d) Agriculture insurance company of India limited (AICIL)
(e) National insurance company limited (NICL)

S2. Ans.(b)
Sol. Bajaj Allianz General Insurance is a private general insurance company in India.

Q3. The _____________ is usually comprised of organizations that are owned and operated by the government and exist to provide services for its citizens.
(a) citizen sector
(b) limited sector
(c) public sector
(d) private sector
(e) None of the given options is true

S3. Ans.(c)
Sol. The Public Sector is usually comprised of organizations that are owned and operated by the government and exist to provide services for its citizens.

Q4. The party who pays for loss in an insurance arrangement is called?
(a) Premium
(b) Agent
(c) Broker
(d) Insurer
(e) Insured

S4. Ans.(d) Sol. Insurer are pays for loss in an insurance arrangement.

Q5. The premium of _____________ per person per annum is shared equally by the Central Government and the State Government in the Aam Admi Bima Yojana (AABY)?
(a) Rs.1000
(b) Rs.1500
(c) Rs.3000
(d) Rs.500
(e) Rs.200

S5. Ans.(e)
Sol. The premium of Rs.200 per person per annum is shared equally by the Central Government and the State Government in the Aam Admi Bima Yojana (AABY).

Q6. A separate fund called "Aam Admi Bima Yojana Premium Fund" has been set up by Central Govt. to pay the Govt. contribution. Fund is maintained by- 
(a) Life Insurance Corporation of India (LIC)
(b) Reserve Bank of India (RBI)
(c) The new India assurance company limited (NIACL)
(d) Agriculture insurance company of India limited (AICIL)
(e) National insurance company limited (NICL)

S6. Ans.(a)
Sol. A separate fund called "Aam Admi Bima Yojana Premium Fund" has been set up by Central Govt. to pay the Govt. contribution. Fund is maintained by LIC. A free add-on benefit in the form of scholarship to children is also available under the Scheme.

Q7. HDFC Life has entered into a bancassurance tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender’s customers. Catholic Syrian Bank based in-?
(a) Mumbai
(b) Thrissur
(c) Jaipur
(d) Varanasi
(e) Bengaluru

S7. Ans.(b)
Sol. HDFC Life has entered into a bancassurance tie-up with Catholic Syrian Bank to distribute its individual life insurance products to the private lender’s customers. Catholic Syrian Bank based in Thrissur, Kerala.

Q8. The written insurance contract that may include all clauses, riders and endorsements. It is called?
(a) Liabilities
(b) Premium
(c) Installment
(d) Policy
(e) Assets

S8. Ans.(d)
Sol. Policy is the written insurance contract that may include all clauses, riders and endorsements.

Q9. UHIS has launched by the Government of India is already in existence for persons and families below the poverty line with element of subsidy from the Government. UHIS stands for-
(a) Universal Health Insurance System
(b) Universal Health Insurance Service
(c) Universal Health Insurance Scheme
(d) Universal Health Insurance Solutions
(e) Universal Health Insurance Scenario

S9. Ans.(c)
Sol. The Universal Health Insurance Scheme (UHIS) has launched by the Government of India is already in existence for persons and families below the poverty line with element of subsidy from the Government. In addition, the Rashtriya Swasthya Bima Yojana (RSBY) was also rolled out from by the Government to provide the health insurance coverage for Below Poverty Line (BPL) families. 

Q10. Agriculture Insurance Company of India Limited (AIC) was incorporated in which year?
(a) 20th December 1999
(b) 20th December 2007
(c) 20th December 1992
(d) 20th December 2004
(e) 20th December 2002

S10. Ans.(e)
Sol. Agriculture Insurance Company Of India Limited (AIC) was incorporated to exclusively cater to the insurance needs of the persons engaged in agriculture and allied activities in India under the Companies Act, 1956 on 20th December 2002.

QUIZ-15

Q1. Reserve Bank of India has put restriction on UCO Bank’s lending and branch expansion plans as the state-run lender made net losses for the two successive fiscal amid severe stress on asset quality. UCO bank is headquartered in ___________.
Answer: Kolkata

Q2. What is the Capital of Palestine?
Answer: East Jerusalem

Q3. Govardhan Eco Village, set up by the ISKCON (International Society for Krishna Consciousness) has won a Smart Village award for being a sustainable project instituted by the India Trade Promotion Organisation (ITPO). This village is located in which state?
Answer: Maharashtra

Q4. The Union Home Minister Shri Rajnath Singh has recently inaugurated the second meeting of NPDRR in New Delhi. What does 'RR' stands for in NPDRR?
Answer: Risk Reduction

Q5. Asian Wrestling Championship 2017 was concluded recently in ____________.
Answer: New Delhi

Q6. State-owned telecom operator BSNL has inked a clutch of agreements with Facebook and MobiKwik to popularize the internet and its value added services among customers. Founder and CEO of Mobikwik is ________________.
Answer: Bipin Preet Singh

Q7. India has jumped 16 places in the revised United Nations World Tourism Organization (UNWTO) rankings to settle at 24th for 2015. Headquarter of UN World Tourism Organization is in ________________.
Answer: Madrid, Spain

Q8. According to a survey, the report of which was released by railway minister Suresh Prabhu, which station is cleanliest among the 75 busiest stations in the country?
Answer: Visakhapatnam

Q9. Turbo Megha Airways has become the first private airline to get a licence to fly under UDAN, the government scheme for subsidized regional flights. It is ______________ based Airline Company.
Answer: Hyderabad

Q10. Who is the current Secretary-General of the United Nations World Tourism Organization (UNWTO)?
Answer: Taleb Rifai

Q11. In Cricket, Mumbai Indians lifted the 10th Indian Premier League trophy for the third time. Who was the highest run Scorer in the tournament?
Answer: David Warner

Q12. Scientists at NASA have recently discovered a new bacteria found only on the International Space Station (ISS). The bacteria has been named after the name of which eminent Indian Scientist?
Answer: A.P.J. Abdul Kalam

Q13. Who was/were recently conferred the Banga Samman, West Bengal's highest civilian award, by Chief Minister Mamata Banerjee?
Answer: Soumitra Chatterjee and Y.C. Deveshwar

Q14. Name the Indian boy who has recently won the world’s largest pre-college science competition, The Intel International Science and Engineering Fair (Intel ISEF) in the US in the environmental engineering category.
Answer: Prashant Ranganathan

Q15. Who was Purple Cap winner in the 10th edition of IPL 2017 and he was from which team?
Answer: Bhuvneshwar Kumar, Sun Risers Hyderabad

Daily GK Update 14th July 2017

1. DIPP to set up India’s first TISC in Punjab

i. The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry has signed an Institutional agreement with the Punjab State Council of Science and Technology in New Delhi to establish India’s first Technology and Innovation Support Center (TISC) at Patent Information Centre, Punjab.

ii. The objective of the TISC is to stimulate a dynamic, vibrant and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and innovation.

iii. Services offered by TISCs include:

1. Access to online patent and non-patent (scientific and technical) resources and IP-related publications;
2. Assistance in searching and retrieving technology information;
3. Training in database search;
4. On-demand searches (novelty, state-of-the-art and infringement);
5. Monitoring technology and competitors;
6. Basic information on industrial property laws, management and strategy, and technology commercialization and marketing.

Important Takeaways from Above News-

• Smt. Nirmala Sitharaman is the Minister of State (I/C) for Commerce & Industry.

2. Railways Ministry launches RailCloud Project, NIVARAN-Grievance Portal and CTSE Scheme

i. Minister of Railways Shri Suresh Prabhakar Prabhu launched the following Initiatives:-

1. RailCloud

RailCloud is another step towards Digitization of Railways. Rail Cloud works on popular Cloud Computing system. It aims to improve customer satisfaction, improve revenue and effective, efficient and safe operations. 

2. NIVARAN

‘NIVARAN-Grievance Portal’ is the first IT application to be launched on the RailCloud. It is the platform for resolution of service related grievances of serving and former railway employees.

3. Cashless treatment Scheme in Emergency (CTSE)

With an aim to provide immediate care to its retired employees in Golden Hour, the Railway Board has rolled out a Cashless treatment Scheme in Emergency (CTSE) in empanelled hospitals for retired employees and their dependent family members.

Static Takeaways from Above News-

• John Mathai was India's first Railway Minister.

3. Maharashtra, first state to have law against social boycott

i. Maharashtra has become the first state to make social boycott a crime after President Pranab Mukherjee cleared the legislation. The Maharashtra Prohibition of People from Social Boycott (Prevention Prohibition and Redressal) Act prescribes a maximum punishment of three years in jail and a fine of Rs1lakh.

ii. It aims to prevent atrocities carried out by extra-judicial courts and caste panchayats. The Act also provides for compensation to victims. The fines imposed on violators will be used to compensate them.

Important Takeaways from Above News-

• Devendra Fadnavis is the CM of Maharashtra.
• C Vidyasagar Rao is the Governor of Maharashtra.

4. Health Ministry of India launches the National Strategic Plan for Malaria Elimination 2017-22

i. Shri J P Nadda, Union Minister of Health and Family Welfare launched the National Strategic Plan for Malaria Elimination (2017-22). The Strategic Plan gives year wise elimination targets in various parts of the country depending upon the endemicity of malaria in the next 5 years.

ii. The strategies involve strengthening malaria surveillance, establishing a mechanism for early detection and prevention of outbreaks of malaria, effective indoor residual spray and augmenting the manpower and capacities for effective implementation for the next five years.

Static Takeaways from Above News-

• National Framework for Malaria Elimination (NFME) was launched in 2016 with the aim of eliminating malaria by 2030.

5. 22nd World Petroleum Congress (WPC) International Conference held in Istanbul, Turkey

i. The 22nd World Petroleum Congress (WPC) International Conference was held recently in Istanbul, Turkey. Union Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan visited Istanbul to represent India at the Conference.

ii. The theme for 22nd World Petroleum Congress was ‘Bridges To Our Energy Future’. WPC was first organized in year 1993. Currently, it is being held at the interval of three years. 

Important Takeaways from Above News-

• 21st WPC was held in Moscow, Russia. 
• The capital of Turkey is Ankara. 
• The currency of Turkey is Turkish lira.

6. SBI to slash NEFT, RTGS charges by up to 75%

i. To encourage more customers to transact digitally, State Bank of India will slash charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions by up to 75 per cent with effect from July 15.
ii. The country's largest lender has also waived charges for fund transfer of up to Rs 1,000 done through Immediate Payment Service (IMPS).

Banking Takeaways from Above News-

• The minimum amount to be remitted through RTGS is Rs2 lakh. 
• Headquarter of SBI is in Mumbai.

7. BRPL, TERI in MoU to explore opportunities in solar rooftops, e-vehicles

i. BSES Rajdhani Power Ltd (BRPL) and The Energy and Resources Institute (TERI) have entered into a partnership to explore collaboration opportunities for solar rooftop, electric vehicles, energy storage systems, energy efficiency and smart grid technologies.

ii. The MoU has been signed for two years. The collaboration will help in research and explore newer collaboration opportunities in the domain of emerging technologies.

Important Takeaways from Above News-

• The Chairman of TERI is Shri Ashok Chawla.
• Shri Lalit Jalan is the Chairman of BSES.

8. Tata Sons appoints Aarthi Subramanian as Chief Digital Officer

i. Tata Sons, the holding company of the Tata Group, has appointed Aarthi Subramanian as the conglomerate's chief digital officer. Subramanian, who is an executive director at TCS, will join Tata Sons in August.

ii. Subramanian is the second TCSer whom Tata Sons Chairman N Chandrasekaran has picked up to be a part of his core team after Suprakash Mukhopadhyay. 

Important Takeaways from Above News-

• N Chandrasekaran is present Chairman of Tata Global Beverages Limited.
• TCS executive Ramanathan Ramanan is the head of Atal Mission under NITI Aayog.

9. Google acquires Bangalore-based artificial intelligence firm Halli Labs

i. American technology giant Google has acquired Bangalore-based artificial intelligence (AI) firm Halli Labs for an undisclosed sum.

ii. The firm becomes the latest AI start up to be snapped by a technology giant after a spate of similar acquisitions by firms such as Microsoft, Facebook, Apple among others.

Important Takeaways from Above News-

• Sundar Pichai is the CEO of Google.
• Alphabet Inc. is the parent company of Google.

10. Indian scientists discover supercluster of galaxies 'Saraswati'

i. For the first time in the country, a team of Indian scientists has claimed to have discovered an "extremely large supercluster of galaxies", Saraswati, in the universe.

ii. The supercluster was discovered by Shishir Sankhyayan, a PhD student at the Indian Institute of Science Education and Research (IISER), Pune, Pratik Dabhade, IUCAA research fellow, Joe Jacob of the Newman College, Kerala, and Prakash Sarkar of the National Institute of Technology, Jamshedpur.

Important Takeaways from Above News-

• The Milky Way is the galaxy that contains our Solar System.

11. YES Bank gets $150 mn from OPIC to fund SME lending

i. Private sector YES Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India. 

ii. This is the third round of funding to the bank as part of an arrangement with the Overseas Private Investment Corporation (OPIC) -the US government development finance institution and Wells Fargo.
iii. Under the agreement, OPIC will provide $ 75 million in financing and up to $ 75 million in syndicated financing jointly arranged by Wells Fargo Bank to Yes Bank.

Important Takeaways from Above News-

• Rana Kapoor is the Managing Director and CEO of YES Bank.
• It was founded in 2004.
• Yes Bank is Headquartered in Mumbai.

12. China’s Nobel laureate Liu Xiaobo dies at 61

i. China’s most famous political prisoner, the Nobel laureate and democracy icon Liu Xiaobo, has died at the age of 61. Liu was awarded the 2010 Nobel Peace Prize for his long and non-violent struggle for fundamental human rights in China.
ii. The Chinese intellectual and activist is the first Nobel Peace Prize winner to die in custody since German pacifist Carl von Ossietzky, the 1935 recipient, who died under surveillance after years confined to Nazi concentration camps.

Important Takeaways from Above News-

• He was born on 8 December 1955 in Jilin Province in northeast China.
• On 13 July 2017, he died of multiple organ failures.

13. President awards IIMB

i. President Pranab Mukherjee has awarded IIM Bangalore (IIMB) for making management education accessible to all through Massive Open Online Courses (MOOCs).
ii. IIMB is the national coordinator for management education on the government’s Swayam platform and has completed five MOOCs on the platform so far.

Important Takeaways from Above News-

• Union HRD Minister is Mr. Prakash Javadekar.

Quant Quiz

Quant Quiz

Directions—(Q. 1–5) Study the following graph carefully to answer the questions—
The following Bar graph gives the number of products manufactured and sold by a company over the years.
 2004 to 2009 (Value in Thousand). 

1. What is the difference in the number of products manufactured by the Company in the year 2009 and 2008 ?
(1) 4000 
(2) 5500
(3) 3500
(4) 4500
(5) None of these

2. The number of products sold by the company in the year 2004 is what per cent of the number of products manufactured by it in that year ?

 (Rounded off to two digits after decimal)
(1) 71•43 
(2) 67•51
(3) 81•67 
(4) 56•29
(5) None of these

3. What is the per cent increase in the number of products manufactured by the company in the year 2006 from the previous year ? (Rounded off to two digits after decimal)
(1) 19•25 
(2) 33•33
(3) 10•45 
(4) 42•66
(5) None of these

4. What is the respective ratio of the number of products not sold by the company in the year 2007 to those not sold in the year 2005 ?
(1) 3 : 1 
(2) 6 : 5
(3) 1 : 3
(4) 5 : 6
(5) None of these

5. What is the  average number of products manufactured by the company over all the years together ?
(1) 36550
(2) 39480
(3) 41220 
(4) 43330
(5) 34420

Directions—(Q. 6–10) Study the following graph carefully to answer the questions that follow—
The following line graph gives distance (in km) travelled by five different trucks in a day.

6. What is the respective ratio of the distance travelled by Truck A to the distance travelled by Truck D?
(1) 17 : 19
(2) 11 : 15
(3) 19 : 17
(4) 15 : 11
(5) None of these

7. What is the average distance travelled by all the Trucks together ?
(1) 510 km 
(2) 515 km
(3) 425 km 
(4) 475 km
(5) None of these

8. If Truck C covered the given distance at the average speed of 55 km/hr, what was the time taken by it to cover this distance?
(1) 12 hours
(2) 10 hours
(3) 8 hours
(4) 6 hours
(5) None of these

9. The distance travelled by Truck A is approximately what per cent of the total distance travelled by Truck E and C together ?
(1) 44 
(2) 50
(3) 52 
(4) 58
(5) 55

10. If the time taken by Truck B to cover the given distance was 8 hours, what was the average speed of the truck ?
(1) 51•75 km/hr
(2) 45•25 km/hr
(3) 52•25 km/hr
(4) 43•75 km/hr
(5) None of these



ANSWERS
Solutions (1-5):
1. (5) Difference = 52500 – 47500 = 5000

2. (1) Required percentage = 25/35 * 100 = 71.43%

3. (5) Required percentage = (42.5 - 37.5)/37.5 * 100 = 13.33%

4. (3) Required ratio = (45 – 42.5) : (37.5 – 30) = 1 : 3

5. (4) Required average = (35000 + 37500 + 45000 + 47500 + 52500)/6 = 43330 (approx).

Solutions (6-10):
6. (3) Required ratio = 475 : 425 = 19 : 17

7. (5) Total distance travelled by all trucks = 475 + 350 + 550 + 425 + 525 = 2325 km
Average distance = 2325/5 = 465 km .

8. (2) Time taken by truck C = 550/55 = 10 hours.

9. (1) Required percentage = 475/(550 + 525) *100 = 44% (approx).

10. (4) Speed of truck B = 350/8 = 43.75 km/hr

Concept of Profit & Loss

Concept of Profit & Loss with Quiz

Dear Readers, here we are providing  some useful concept and tricks for Profit & Loss with concept clearing Quiz.Which can be very useful for SBI PO prelims,IBPS PO/Clerk, RBI Assistant,LIC ADO and many more  government sector upcoming exams .

Cost Price-The price at which an article is purchased is called its cost price (C.P.)

Selling Price-The price at which the article is sold is called its selling price (S.P.)

If the cost price (C.P.) of the article is equal to the selling price (S.P.), Then there is no loss or gain.

If the selling price (S.P.) > cost price (C.P.), then the seller is said to have a profit or gain,

Gain or Profit = S.P. - C.P.

If the cost price (C.P.) > selling price (S.P.), then the seller is said to have a loss,

Loss = C.P. - S.P.

Gain% = {Gain*100}/{C.P.}

Loss% = {Loss*100}/{C.P.}

S.P.= {(100+Gain%/100)x C.P}

S.P.= {(100-Loss%/100)x C.P}

C.P.= {(100)/(100+Gain%)x S.P}

C.P.= {(100)/(100-Loss%)x S.P}

If an article is sold at a profit/gain of 30%, then S.P. = 130% of the C.P.

If an article is sold at a loss of 20%, then S.P. = 80% of the C.P.

When there  are two successive Profit of x % and y % then the resultant profit  per cent is given by 

[x + y+ (x*y/100)]

If there is a Profit of  x% and loss of  y %  in a transaction, then the  resultant profit or loss% is given by 

[x – y - (x*y/100)]

Note-  For profit use sign + in previous formula and for loss use – sign.

if resultant come + then there will be overall profit . if it come – then  there will be overall loss.

If a cost price of m articles is equal to  the selling Price of n articles, then Profit percentage 

(m-n)/n×100%

If  m part is sold  at x% profit , n part is sold at y % profit, and p part is sold at z% profit and  Rs. R is earned as overall profit  then the value of total consignment 

R×100 / (mx+ny+pz) 

A man purchases a certain no. of article at m a rupee and the same no. at n a rupee. He mixes them together  and sold them at p a rupee then his gain or loss %

[{2mn/(m+n)p} -1]× 100

Note += profit ,- = loss

When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then in this transaction the seller always incurs a loss given by: = {x^2/100}%

A single discount equivalent to discount series of x% and y% given by the seller is equal to

(x +y - xy/100)%

If a seller marks his goods at x% above his cost price and allows purchasers a discount of y %  for cash,  then overall gain or loss 

(x – y –xy/100)% 

Profit or loss according to sign .+ = gain, - = loss

If a trader professes to sell his goods at cost price, but uses false weights, then 

Gain% = {(Error)/(True value - Error)x 100] %

Quiz Based on Concepts

1. 1/3 of a commodity is sold at 15% profit, ¼ is sold at 20% profit and the rest at 24% profit. If the Total profit is Rs. 80 is earned then find the value of commodity?

A) 350

B) 410

C) 400

D) 300
E) None of these

2. A man purchases a certain no. of apple at 5 per rupee and same no. at 4 per rupee. He mixes them together and sells them at 4 per rupee. What is  his gain or loss%?

A)  Gain 20 %

B)  Gain 11.11%

C) Loss 11.11%

D)  Loss 20 %
E) None of these

3. A trader allows a Discount of 5% for cash payment. How much approx % above cost price must he mark his goods to make a profit of 10%?

A) 8.9% 

B) 10%

C) 12.75%

D) 15.8%
E) None of these

4. If selling price is doubled, the profit triples. Find the profit percent?

A) 100%

B) 116.67%

C) 200%

D) 300%
E) None of these

5. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A) 2200

B) 2400

C) 2500

D) 2000
E) None of these

6. Abhishek purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

A) 5.4

B) 5.6

C) 6.5

D) 4.5
E) None of these

7. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

A) 33.33%

B) 66.66%

C) 44%

D) 50%
E) None of these

8. On selling 17 toys at Rs. 720, there is a loss equal to the cost price of 5 toys . The cost price of a Toy is:

A) Rs. 50

B) Rs. 60 

C) Rs. 65

D) Rs. 70
E) None of these

9. A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are Sufficent?

I. Sale price of the article

II. Number of articles sold

A)Only I is sufficient.

B)Only II is sufficient.

C)Both I & II are sufficient.

D)Either I or II are sufficient.

E)Both I & II are not sufficient.

10. A man purchases 10 Cows at Rs. 3000 each. 1 Cow died. He sold 2 Cows at 5% loss, at what rate he should sale the remaining Cows, so as to gain a Profit of 10 % on the total Cost?

A) Rs.4000

B) Rs.3000 

C) Rs.3900

D) Rs. 4500

E) Rs. 4200

Answers

1). C

2). B

3). D

4). A

5). D

6). B

7). C

8). B

9). C

10).C

Explanation:

1. Part sold at 24% profit = 1-(1/3+1/4) = 5/12
 Value of commodity = (80×100) / (1/3*15+1/4*20+5/12*24)= 400

2. Gain or loss = [2*5*4/4(5+4) - 1] × 100 % = 11.11% 
Sign is + ive so gain 11.11% 

3. 10 = x-5 – 5x/100
19x/20 = 15; x=15.789% = approx 15.8%

4. Let C.P. be Rs. x and S.P. be Rs. y.
Then, 3(y - x) = (2y - x)     y = 2x.
Profit = Rs. (y - x) = Rs. (2x - x) = Rs. x.
So profit % =100%

5. Let CP is x.
Then   (1920-x)/x*100= (x-1280)/x*100
On solving x=1600
Selling Price = 1600*125/100= Rs. 2000

6. Cost price of 1 Toy = 375/12= 31.25
Selling price of 1 toy = Rs.33
Profit= Rs (33-31.25) =1.75
Profit% = 1.75/31.25*100= 5.6

7. Lcm of 5&6 =30
Cost price of 30 articles= 5/6*30 = 25
Selling Price of 30 articles = 6/5*30 =36
% profit = (36-25)/25*100= 44% 

8. Cost price of 17 toys – Selling price of 17 toys = cost Price  of 5 toys
Cost price of 12 toys = selling Price of 17 toys= 720
Cost price of 1 toy= 720/12= 60 

9. Both I & II are sufficient to find the exact amount of profit .

10. Selling Price With Profit of 10 %  of total cost = 3000*10*110/100= 33000
Selling Price of 2 cows with 5% loss= 6000*95/100= 5700
Difference = 33000-5700= 27300;
So rate of the cows for selling to gain 10% profit on total = 27300/7= Rs. 3900
(because 1 cow died so remaining= 10-1-2=7)