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# GMAT Problem Solving Questions with Answers – Test No. 2

GMAT Problem Solving Questions with Answers – Practice Test No. 1 for those who want to test their GMAT – Graduate Management Admission Test skills. GMAT is a standardized test used for the evaluation of students seeking admission in BBA, MBA, and post-graduate studies in Pakistan or abroad. Management studies provide you with the skills, preparation, and credentials you need to accelerate your career growth. MBA is the most popular degree program in Pakistan. LUMS and IBA MBA programs are the most applied in Pakistan.

Each quiz question in this course is made up of proven interesting researched concepts that test your awareness and grasp of the subject. Detailed feedback for the quiz answers is provided too.

INSTRUCTIONS:

• This Quiz is related to GMAT Problem Solving Questions with Answers – Practice Test No. 1 in this series
• The Quiz based on the Topic, “GMAT Problem Solving Questions
• If you have good understanding about the subject, then you can attempt it
• There will be 10 Multiple Choice Questions (MCQs) in this test
• Questions will be randomly changed every time you start this test
• You should practice more and more to get high marks
• You can retake this test as many time as you like
• If you feel that any Incorrect Answer to a Question, simply Comment us about the Question.

#### A certain manufacturer produces items for which the production costs consist of annual fixed costs totaling \$130,000 and variable costs averaging \$8 per item. If the manufacturer's selling price per item is \$15, how many items must the manufacturer produce and sell to earn an annual profit of \$150,000 ?

Correct! Wrong!

Profit = Revenue - Cost. Let x is the number of items the manufacturer must produce and sell. Profit = 150,000; Revenue = 15x; Cost = 130,000 + 8x. 150,000 = 15x - (130,000 + 8x); 280,000 = 7x; x = 40,000. Answer: E.

#### A diner makes burgers, each with 2 out of the 4 toppings the diner offers. How many possible combinations of toppings are there?

Correct! Wrong!

Here we are asked to select two combinations out of 4, order not important.2C4 = 4!/(2!*2!) = 24/4 = 6Answer is A

#### In a certain brick wall, each row of bricks above the bottom row contains one less brick than the row just below it. If there are 5 rows in all and a total of 75 bricks in the wall, how many bricks does the bottom row contain ?

Correct! Wrong!

Let number of bricks in the bottom row =xTotal number of bricks = 75Total number of rows = 5x+ x-1 + x-2 + x -3 + x-4 = 75=> 5x = 85=> x= 17Number of bricks in the bottom row = 17Answer D

#### Lois has x dollars more than Jim has, and together they have a total of y dollars. Which of the following represents the number of dollars that Jim has?

Correct! Wrong!

Let J be the number of dollars that Jim has. Then Lois has J+x dollars.Since together they have a total of y dollars, then J+(J+x)=y --> J=(y-x)/2.Answer: A.=======================================================1) Set up the equations: [L = J + x], [L + J = y]2) Substitute L for J + x and insert this in the second equation, solve so you only have J separately on one side ----> J = (y - x)/2

#### A diner makes burgers, each with 2 out of the 4 toppings the diner offers. How many possible combinations of toppings are there?

Correct! Wrong!

Here we are asked to select two combinations out of 4, order not important.2C4 = 4!/(2!*2!) = 24/4 = 6Answer is A

#### Lois has x dollars more than Jim has, and together they have a total of y dollars. Which of the following represents the number of dollars that Jim has?

Correct! Wrong!

Let J be the number of dollars that Jim has. Then Lois has J+x dollars.Since together they have a total of y dollars, then J+(J+x)=y --> J=(y-x)/2.Answer: A.========================================================1) Set up the equations: [L = J + x], [L + J = y]2) Substitute L for J + x and insert this in the second equation, solve so you only have J separately on one side ----> J = (y - x)/2

#### Of the following, which is the closest to (60.2)/(1.03∗4.86) ?

Correct! Wrong!

60.2 is nearest to 601.03 is nearest to 14.86 is nearest to 560/1*5=12Thus the best answer is B.

#### A technician makes a round-trip to and from a certain service center by the same route. If the technician completes the drive to the center and then completes 10 percent of the drive from the center, what percent of the round-trip has the technician completed?

Correct! Wrong!

" If the technician completes the drive to the center " it actually means completed 50% of the entire trip then 10% of this moreso overall 55%

#### A technician makes a round-trip to and from a certain service center by the same route. If the technician completes the drive to the center and then completes 10 percent of the drive from the center, what percent of the round-trip has the technician completed?

Correct! Wrong!

" If the technician completes the drive to the center " it actually means completed 50% of the entire trip then 10% of this more.so overall 55%

#### 2x+2y=−42x+2y=−44x+y=14x+y=1In the system of equations above, what is the value of x ?

Correct! Wrong!

Reduce the first equation by 2 and subtract it from the second one: (4x+y)−(x+y)=1−(−2)(4x+y)−(x+y)=1−(−2) --> 3x=33x=3 --> x=1x=1.

GMAT Problem Solving MCQs with Answers Test # 1

GMAT Problem Solving MCQs with Answers Test # 2

GMAT Problem Solving MCQs with Answers Test # 3

GMAT Problem Solving MCQs with Answers Test # 4

GMAT Problem Solving MCQs with Answers Test # 5

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## Bank Reconciliation Statement – MCQs with Answers – Quiz 2

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