1. Last year, Mathew bought two cars. This year, he sold both the cars for $30,000 each.

On one,
he earned 20% profit, and on the other, he made a 20% loss. What was his net profit or loss?
a. + $ 2K
b. + $ 2.5 K
c. - $ 2K
d. - $ 2.5 K

2. The ration of Jimmy's and Mike's savings is 3:5. If the income of Jimmy is $20,000 and his
expenditure is $14,000, what are the savings if Mike?
a. $15,000
b. $5,000
c. $20,000
d. $10,000

BRAIN TEASER
3. There are six glasses in a row. The first three are full of water, and the next three are empty. By
moving only one glass how can you make them alternate between full and empty?

Ans:

4. How can five people divide a bag of five diamonds equally without cutting them while still
leaving one diamond remaining in the sack?
Ans:

5. You are given eight coins and told that one of them is counterfeit. The counterfeit one is slightly
heavier than the other seven. Otherwise, the coins look identical. Using a simple balance scale, how
can you determine which coin is counterfeit using the scale only twice?
Ans: