MCQs / Q&A

Who is the Current Director General of WIPO (World Intellectual Property Organization)?

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Who is the Current Director General of WIPO (World Intellectual Property Organization)?

A. Peter Maurer
B. Francis Gurry
C. Peter Muller
D. Peter Talaas

Francis Gurry has led WIPO as Director General since October 1, 2008. He was reappointed in May 2014 for a second six-year term, which runs through September 2020.

Pakistan began observing February 5 as the Kashmir Day to “reiterate solidarity with the people of Jammu and Kashmir” in ________?

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Pakistan began observing February 5 as the Kashmir Day to “reiterate solidarity with the people of Jammu and Kashmir” in ________?

A. 1948
B. 2004
C. 2009
D. None of these
Officially, Pakistan began observing February 5 as the Kashmir Day to “reiterate solidarity with the people of Jammu and Kashmir” in 2004. On January 31, 2004, speaking at a news conference, the-then Federal Minister for Kashmir and Northern Area Affairs had said the people and the Government of Pakistan would demonstrate on the day their solidarity with the aspirations of the people of Kashmir. He said that observance of the day was meant to convey a message to the world that Pakistan would not step back an inch from its stated position on the issue. The-then Pakistani prime minister, Mir Zafarullah Khan Jamali, visited Muzaffarabad on February 5 and addressed a joint session of the Legislative Assembly and Council.

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?

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A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?

A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90
Explanation:
Let C.P. of clock be Rs. x.
Then, C.P. of 90 clocks = Rs. 90x.
[(110% of 40x) + (120% of 50x)] – (115% of 90x) = 40
44x + 60x – 103.5x = 40
0.5x = 40 => x = 80

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

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The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

A. 51:52
B. 52:53
C. 51:53
D. 52:55
Explanation:
Let C.P. of the article be Rs. x.
Then, required ratio = 104% of x / 106% of x
= 104/106 = 52/53 = 52:53

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

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A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

A. no profit, no loss
B. 20% profit
C. less than 20% profit
D. more than 20% profit
Explanation:
Let the article be worth Rs. x.
C.P. 90% of Rs. x = Rs. 9x/10
S.P. = 110% of Rs. x = Rs. 11x/10
Gain = (11x/10 – 9x/10) = Rs. x/5
Gain % = x/5 * 10/9x * 100 = 22 2/9 % > 20%

A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

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A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18
Explanation:
Let the cost price for the manufacturer be Rs. x. Then, 125% of 120% of 118% of x = 30.09.
125/100 * 120/100 * 118/100 * x = 3009/100
177/100 x = 3009/100 => x = 17