Role-specific Business Administration (MBA) Interview Questions & Answers:

1. Many argue that art cannot be defined. Art is often considered the process or product of deliberately arranging elements in a way that appeals to the senses or emotions. It encompasses a diverse range of human activities, creations and ways of expression, including music, literature, film, sculpture and paintings.
The passage best supports the statement that:
1) Art is defined as a form of human expression of a creative nature.
2) Artist realizes his dreams through his artistic creation.
3) Art is governed by external rules and conditions.
4) Art requires that nothing shall attain the work except through art itself.

1) Art is defined as a form of human expression of a creative nature.

2. If the cost price of a table is Rs.1500 with a profit of 33%, then find the selling price?
1) 2000
2) 1995
3) 1899
4) 1870

2) 1995

3. If the selling price of a turmeric is Rs. 40 with a profit of 20%, then find the Cost price?
1) Rs. 33.33
2) Rs. 35
3) Rs.32.22
4) Rs.31

1) Rs. 33.33

4. If the selling price of a commodity is Rs. 3490 with a loss of 16%, then find the CP?
1) 4154.76
2) 4100.80
3) 4150.7
4) 4180.00

1) 4154.76

5. If the cost price of a Gold is Rs.18820 with a loss of 10 %, then find the selling price?
1) 16938
2) 17126.2
3) 16939.9
4) 16749.8

1) 16938

6. By selling a book for Rs.400 a student got two successive profits of 12% and 40%, respectively. Then his total profit % is:
1) 62%
2) 50%
3) 55%
4) 56.8%

4) 56.8%

7. When there is a profit of 10% and loss of 10%, then the resultant profit will be?
1) profit of 1%
2) loss of 1%
3) profit of 3.2%
4) loss of 3.2%

2) loss of 1%

8. Mark bought two books for Rs.650. He sold one book at a profit of 20% and the other at a loss of 12%. If the S.P. of both books is same, then the cost price of each book is:
1) 375 and 275
2) 400 and 250
3) 450 and 150
4) none of these

A)375 and 275

9. If 1/2 of a project was sold at 12% profit and the rest at a profit of 6% . If there was an overall profit of Rs. 1080, then the value of the project is:
1) 10000
2) 12000
3) 2800
4) 3800

2) 12000

10. Pencils are bought at 20 for a rupee and a same number of pencils at 25 for a rupee. If these are mixed and sold at 22 for a rupee, then the loss or gain % is:
1) loss of 0.99%
2) gain of 1.01%
3) gain of 1.50%
4) loss of 1.25%

2) gain of 1.01%