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Percentage, Profit and Loss and SI and CI

1. Ravi Shankar takes money from the employee’s cooperative society at lower rate of interest

and saves in a scheme, which gives his a compound interest of 20% compounded annually.

Find the leas number of complete year after which his sum will be more than double .

1) 4 yr 2) 2 yr 3) 6 yr 4) 8 yr

2. Equal sums of money are deposited in two different banks M/s Enterprises, one at

compound interest, compounded annually and the other at simple interest, both at 5% per

annum . if after two years, the difference in the amounts comes to Rs 200, what are the

amounts deposited with each banks?

1) Rs 72000 2) Rs 64000 3) Rs 80000 4) Rs 8400

3. In an examination, 40% marks are required to pass. A obtains 10% less than the number of

marks required to pass, B obtains 11

% less than A and C obtained 41

% less than the

number of marks obtained by A and B together . What marks did C get?

1) 50 2) 40 3) 35 4) 45

4. Mohan spends 40% of his salary on food items , 50% of the remaining on transport , 30% of

the remaining after spending on food and transport, he spend son cloths and the saves the

balance . if he saves Rs 630 every month, what is his monthly salary ?

1) Rs 1500 2) Rs 3000 3) Rs 5000 4) Rs 6500

5. The wheat sold by a grocer contained 10% low quality wheat. What quantity of good

quantity wheat should be added to 150kg of wheat so that the percentage of low quality

wheat becomes 5% ?

1) 85kg 2) 50 kg 3) 135 kg 4) 150 kg

6. The present population of a village of is 5500. If the number of males increases by 11% and

the number of females increases by 20% then the population will becomes 6330. What is

the present population of females in the village ?

1) 3000 2) 3500 3) 2500 4) 2000

7. Postcard costing 30 paise each and inland letters costing Rs 1.50 each were purchased for

Rs 66. Total number of postcards and inland letters purchased was 60. If the number of post

cards and inland letters is interchanged, then the cost is

1) Rs 42 2) Rs 30 3) Rs 21 4) Rs 60

8. Rohit took a loan Rs 20000 to purchase one LCD TV set from a finance company. He

promised to make the payment after three years. The company charges compound interest

at the rate of 10% per annum for the same. But , suddenly the company announces the rate

of interest as 15% per annum for the last one year of the loan period. What extra amount

does Rohit have to pay due to this announcement of the new rate of interest?

1) Rs 7830 2) Rs 4410 3) Rs 6620 4) none of these



9. A tree was planted three years ago. The rate of its growth is 30% per annum. If at present ,

the height of the tree is 670 cm , what was it when the tree was planted ?

1) 305 cm 2) 500 cm 3) 405 cm 4) 625 cm

10. Sanju puts equal amounts of money one at 10% per annum compound interest payable half

yearly and the second at a certain percent per annum compound interest payable yearly. If

he gets equal amounts after 3 yr, What is the value of the second percent ?

1) 10

2) 10% 3) 9

4) 8

%

11. When the price of sugar was increased by 32% , a family reduced it consumption in such a

way that the expenditure on sugar was only 10% more than before. If 30kg per month were

consumed before find the monthly consumption.

1) 42 kg 2) 35 kg 3) 25 kg 4) 16 kg

12. A man’s income is increases by Rs 1200 and at the same time, the rate of tax to be paid is

reduced from 12% to 10%. He now pays the same amount of tax as before. What is his

increased income, if 20% of his income is excerpted from tax in both cases?

1) Rs 6300 2) Rs 7200 3) Rs 4500 4) Rs 6500

13. Mr. Velly buys a generator for Rs 100000 and rents it. He puts 12.5% of each month’s rent

aside for upkeep and repairs, pays Rs 325 per years taxes and realizes 5.5% annually on his

investment. Find the monthly rent.

1) Rs 634.76 2) Rs 654.76 3) Rs 554.76 4) Rs 456.32

14. A retailer bought a certain number of CDs for Rs 1800. Keeping one to himself, he sold the

rest at a profit of Rs 6 each . in total, he earned a profit of Rs 114. The number of CDs he

bought is

1) 20 2) 28 3) 32 4) 30

15. An article is listed at Rs 65. A customer bought this article for Rs 56.16 with two successive

discounts of which one is 10% the. other discount of this discount scheme that was allowed

by the shopkeeper is

1) 4% 2) 35 3) 6% 4) 2.5%

16. A garment company declared 15% discount for wholesale buyers. Mr. Sachdev bought

garments from the company for Rs 25000 after getting discount. He fixed up the selling

price of garments in such a way that he earned a profit of 8% on original company price,

what is the approximate total selling price ?

1) Rs 28000 2) Rs 29000 3) Rs 31000 4) Rs 29500

17. If Rs 1000 be invested at interest rate of 5% and the interest be added to the principal after

10 years , then the number of years in which it will amount to Rs 2000 is

1) 16

yr 2) 16

yr 3) 16 yr 4) 11 yr

18. A sum of Rs 7700 is to be divided among three brothers Sunil, Sumant and Surat in such a way that simple

interest on each part at 5% per annum after 1, 2 and 3 yr respectively remains equal. The share of Sunil is

more than that of Surat by



1) Rs 2800 2) Rs 2500 3) Rs 3000 4) Rs 2700

19. A man borrows Rs 4000 from a bank at 7

compound interest. At the end of every year, he pays Rs 1500

as part repayment of loan and interest. How much does he still owe to the bank after three such

installments?

1) Rs 123.25 2) Rs 125 3) Rs 400 4) Rs 469.18

20. A person bought two tables for Rs 2200. He sells one at 5% loss and the other at 6% profit and thus on the

whole he neither gains nor loses. Find the cost price of each table.

1) Rs 1500, Rs 700 2) Rs 2000, Rs 200 3) Rs 1200, Rs 1000 4) Rs 1100, Rs 1100

21. A shopkeeper sold an article at a profit of 17.5% . if he had bought it at 8% less and sold it at 30% profit, he

would have earned Rs 11.55 more as profit. Cost price of the article is

1) Rs 550 2) Rs 675 3) Rs 750 4) Rs 1475

22. Amit borrowed a certain sum of money for 2 yr at 8% per annum on simple interest and immediately lent it

to Ravi but at compound interest and gained by Rs 16. What amount did Amit borrow?

1) Rs 1600 2) Rs 2500 3) Rs 24000 4) Rs 1800

23. A manufacturer sold a machine to a wholesale dealer at a profit of 10% the Wholesale dealer sold it to a

retailer at a profit of 20%. While transporting some defect occurred in the machine and hence the retailer

sold it at a loss of 5%. The customer paid Rs 672. Find the cost of the machine for the manufacturer.

1) Rs 672 2) Rs 500 3) Rs 572 4) Rs 600

24. A man invested Rs 8000 for a year in the share market. at the end of the year , he gained 15% and he

invested the amount with profit again for the second year . At the end of the second year, he suffered a loss

of 15%. Find the gain or loss percent in the investment after two years.

1) Gain 33.255 % 2) Loss 2.25 % 3) No loss no gain 4) Loss 5%

25. By selling an article at 80% of its marked price, a merchant makes a loss of 12%. What will be the percent

profit or loss made by the merchant if he sells the article at 95% of its marked price?

1) 5.5 % profit 2) 1% loss 3) 5% profit 4) 4.5 % profit

26. What is the maximum percentage discount that a merchant can offer on her marked price so that she ends

up selling at no profit or loss, if she had initially marked her goods up by 50% ?

1) 16.67% 2) 20% 3) 50% 4) 33.33%

27. Raju’s factory kept increases its output by the same percentage every year . find the percentage if it is

known that his output is doubled after two years.

1) 100 √ 2) 100(√ 3) 100( √ % 4) 50(√

28. A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10%

simple interest. He received yearly interest of Rs 130, But if he had interchanged the amounts invested, he

would have received Rs 4 more as interest . How much did he invest at 12% simple interest ?

1) Rs 700 2) Rs 500 3) Rs 800 4) Rs 400

29. The effective annual rate of interest corresponding to a nominal rate of 8% per annum payable half yearly is

1) 85 2) 8.01% 3) 8.13% 4) 8.16%

30. A sum was put at simple interest at a certain rate for 3 yr. had it been put at 1% higher rate, it would have

fetched Rs 5100 more , the sum is

1) Rs 170000 2) Rs 150000 3) Rs 125000 4) Rs 120000

31. Prem invested a certain sum of money in a simple interest bond whose value grew to Rs 300 at the end of 3

yr and to Rs 400 at the end of another 5 yr . what was the rate of interest in which he invested his sum?

1) 12% 2) 12.5% 3) 6.67% 4) 8.33%



32. The population of a colony was 3600 three years back. It is 4800 right now. What will be the population

three years down the line , if the rate of growth of population has been constant over the years and has

been compounding annually?

1) 6000 2) 6400 3) 7200 4) 9600

33. Rs 5887 is divided between Shyam and Ram, such that Shyam’s share at the end of 9 yr is equal to Ram’s

share at the end of 11 yr , compounded annually at the rate of 5% . The share of Shyam is

1) Rs 2088 2) Rs 2000 3) Rs 3087 4) None of these

34. A money lender lent out Rs 25000 in two parts , one at 8% and the other at 8.5% . if the total annual income

on the amount is Rs 2031.25, the money lent at 8% is

1) Rs 12500 2) Rs 6250 3) Rs 10000 4) Rs 18750

35. A person spends 40% of his salary on his educational expenses. He spends 60% of it in purchasing books and

one- half of the remaining in purchasing stationery items. If he saves Rs 160 every month, which is one-

fourth of the balance after spending over books and stationery items, what is his monthly salary?

1) Rs 8000 2) Rs 4800 3) Rs 9600 4) Data inadequate

36. The simple interest and the true discount on a certain sum of a given and at a given rate are Rs 25 and Rs 20

respectively. The sum is

1) Rs 500 2) Rs 200 3) Rs 250 4) Rs 100

37. A man wants to sell his scooter. There are two offers, one at Rs 12000 cash and the other at a credit of Rs

12880 to be paid after 8 months , money being at 18% per annum. Which is the better offer?

1) Rs 12000 in cash 2) Rs 12880 at credit 3) Both are equal 4) None of these

38. A trader owes a merchant Rs 10028 due 1 yr , hence the trader wants to settle the account after 3 months. If

the rate of interest is 12% per annum, how much cash should he pay ?

1) Rs 9025 2) Rs 9200 3) Rs 9600 4) Rs 9200

39. A tradesman gives 4% discount on the marked price and 1 article free with every 15 articles bought and still

gains 35%. The marked price is more than the cost price by

1) 40% 2) 39% 3) 20% 4) 50%

40. Even after reducing the marked price of a pen by Rs 32, a shopkeeper makes a profit of 15% . if the cost price

be Rs 320, what percentage of profit does he make if he sells the pen at the marked price?

1) 25% 2) 20% 3) 10% 4) 30%

41. Tarun got 30% concession on the labeled price of an article and sold it at Rs 8750 with 25% profit on the

price he bought. What was the labeled price?

1) Rs 16000 2) Rs 12000 3) Rs 10000 4) Rs 14000

42. One type of liquid contains 25% of milk, the other contains 30% of milk. A container is filled with 6 parts of

the first liquid and 4 parts of the second liquid. The percentage of milk in the mixture is

1) 27% 2) 31% 3) 29% 4) 33%

43. The retail price of a water geyser is Rs 1265. If the manufacturer gain 10%, the wholesale dealer gains 15%

and the retailer gains 25%, then the cost of the product is

1) Rs 800 2) Rs 900 3) Rs 700 4) Rs 600

44. A machine is sold at a profit of 10%. Had it been sold for Rs 40 less , there would have been a loss of 10% .

what was the cost price?

1) Rs 800 2) Rs 900 3) Rs 700 4) Rs 600

45. What percent profit would be if 34% of cost price is 26% of the selling price?

1) 30.77% 2) 74% 3) 25.16% 4) 88.40%

46. The tax on a commodity is diminished by 10% and its consumption increased by 10%. The effect on the

revenue derived from it is K% change. Find the value of K.



1) 1 2) 2 3) -1 4) -2

47. What percent selling price would be 34% of cost price, if gross profit is 26% of the selling price?

1) 25.16% 2) 74.00% 3) 17.16% 4) 88.40%

48. A solution of sugar syrup has 15% sugar. Another solution has 5% sugar. How many litres of the second

solution must be added to 20L of the first solution to make a solution of 10% sugar?

1) 10 L 2) 5 L 3) 15 L 4) 20 L

49. A salesman’s terms were changed from a flat commission of 5% on all his sales to a fixed salary of Rs 1000

Plus 2.5% commission on all sales exceeding Rs 4000. If his remuneration as per the new scheme was Rs 600

more than by the first scheme , what were his sales worth?

1) Rs 11000 2) Rs 17000 3) Rs 16000 4) Rs 12000

50. An 8 L cylinder contains a mixture of oxygen and nitrogen, the volume of oxygen being 16% of total volume.

A few liters of the mixture is released and an equal amount of nitrogen is added. Then, the same amount of

the mixture as before is released and replaced by nitrogen for the second time. As result, the oxygen content

becomes 9% of total volume. How many liters of mixture is released each time?

1) Rs 8000 2) Rs 16000 3) Rs 9000 4) Rs 5334

51. A student purchased a computer system and a colour printer. If he sold the computer system at 10% loss and

the colour printer at 20% gain, he would not lose anything. But if he sells the computer system at 5% gain

and the colour printer at 15% loss, he would lose Rs 800 in the bargain. How much did he pay for the colour

printer?

1) Rs 8000 2) Rs 16000 3) Rs 9000 4) Rs 5334

52. Two gallons of a mixture of spirit and water contain 12% of water. They are added to 3 gallons of another

mixture, containing 7% of water and half a gallon of water is then added to the whole. Find the percentage

of water in the resulting mixture.

1) 17

2) 16

3) 14

% 4) none of these

53. If a bucket is 80% full, then it contains 2 L more water than when it is 66

% full. What is the capacity of the

bucket?

1) 10 L 2) 15 L 3) 16

L 4) 20 L

54. Vanita bought a watch with 24% discount on the selling price. If the watch cost her Rs 779, what is the

original selling price of the watch?

1) Rs 1000 2) Rs 950 3) Rs 1025 4) Cannot be determined

55. The difference between 38% of a number and 24% of the same number is 135.10 . what is 40% of that

number?

1) 394 2) 370 3) 378 4) 386

56. Asmita invests an amount of Rs 9535 at the rate of 4% per annum, for how many years did she invest the

amount to obtain the double her sum?

1) 10 Yr 2) 25 Yr 3) 5 Yr 4) 4 Yr

57. In an examination, it is required to get 296 of the total maximum aggregate marks to pass. A Student gets

259 marks and is declared failed. The difference of marks obtained by the student and that required to pass

is 5%. What are the maximum aggregate marks a student can get?

1) 690 2) 780 3) 740 4) cannot be determined

58. A man sells a book at a profit of 20%, if he had bought it at 20% less and sold it for Rs 18 less, he would

have gained 25 %. The cost price of the book is

1) Rs 80 2) Rs 70 3) Rs 60 4) Rs 90



59. Two- third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%, if the total profit

was Rs 400, the value of the consignment was

1) Rs 15000 2) Rs 12000 3) Rs 10000 4) Rs 20000

60. Two shopkeepers announce the same price of Rs 700 for a shirt. The first offers successive discounts of 30%

and 6% while the second offers successive discounts of 20% and 16%. The shopkeeper that offers better

discount is more of

1) Rs 22.40 2) Rs 16.80 3) Rs 9.80 4) Rs 36.40

61. Even after reducing the marked price of a transistor by Rs 32, a shopkeeper makes a profit of 15%. If the cost

price be Rs 320, what percentage of profit would he have made if he had sold the transistor at the marked

price?

1) 25% 2) 20% 3) 10% 4) None of these

62. In an examination, Mohit obtained 20% more than Sushant but 10% less than Rajesh. If the marks obtained

by Sushant are 1080, find the percentage marks obtained by Rajesh if the full marks are 2000.

1) 72% 2) 86.66% 3) 78.33% 4) None of these

63. Ram spends 20% of his monthly income on his house hold expenditure, 15% of the rest on books 30% of the

rest on clothes and saves the rest on counting , he comes to know that he has finally saved Rs 9520. Find his

monthly income.

1) Rs 15000 2) Rs10000 3) Rs 20000 4) none of these

64. Out of the total production of iron from hematite, an ore of iron, 20% of the ore gets wasted. Out of the

remaining iron, only 25% is pure iron. If the pure iron obtained in a year from a mine of hematite was 80000

kg , then the quantity of hematite mined in the year is

1) 400000 kg 2) 500000 kg 3) 450000 4) 600000 kg

65. The population of a village is 10000. If the population increases by 10% in the first year, by 20% in the second

year and due to mass exodus, it decreases by 5% in the third year, what will be its population after 3 yr?

1) 13860 2) 11540 3) 12860 4) 12540

66. A jar full of milk contains 40% water. A part of this milk is replaced by another containing 19% water and

now the percentage of water is found to be 26% ht e quantity of mil replaced is

1) 2/3 2) 1/3 3) 3/7 4) 4/7

67. By selling 12 notebooks, the seller earns a profit equal to the selling price of 2 notebooks. What is his

percentage profit?

1) 25% 2) 20% 3) 16

% 4) Data inadequate

68. A shopkeeper marks the prices of his goods at 25% higher than the original price . after that , he allows a

discount of 12% discount. What profit or loss did he get?

1) 15% Profit 2) 10 % Profit 3) 10 % loss 4) 15 % loss

69. Ramesh purchased a bicycle for Rs 5200 and spent Rs 800 on its repairs. He had to sell it for Rs 5500. Find his

profit or loss percent.

1) 7

gain 2) 8

% loss 3) 9 % loss 4) None of these

70. One liter of water is evaporated from 6 L of a Solution containing 5% salt. Find the percentage of salt in the

remaining solution.

1) 8% 2) 10% 3) 6% 4) 4%

71. There are two candidates Bhiku and Mhatre for an election. Bhiku gets 65% of the total valid votes. If the

total votes were 6000, what is the number of valid votes that the other candidate Mhatre gets if 25% of the

total votes were declared invalid?

1) 1575 2) 1625 3) 1675 4) 1525



72. In a medical certificate, by mistake a candidate gave his height as 25% more than actual. In the interview

panel, he clarified that his height was 5ft 5 inches. Find the percentage correction made by the candidate

from his stated height to his actual height.

1) 28.56 2) 20 3) 25 4) None of these

73. Ina mathematics exam, a student scored 30% in the first paper out of a total of 180. How much should he

score in the second paper (out of 150) if he is to get at least 50% marks overall?

1) 75% 2) 80% 3) 74% 4) 84%

74. A milkman buys milk contained in 10 vessels of equal size. If he sells his milk at Rs 5 a liter he loses Rs 200 if

he sells it at Rs 6 a liter he would gain Rs 150 on the whole. find the number of liters contained in each

vessel.

1) 20 L 2) 30L 3) 25 L 4) 35 L

75. A man buys apples at a certain price per dozen and sells them at eight times per hundred. What is his gain or

loss percent ?

1) 4% loss 2) 8

loss 3) 4% gain 4) 6

% gain

76. A sum of money is accumulating at compound interest at a certain rate of interest . if simple interest instead

of compound were reckoned, the interest for the first two years would be diminished by Rs 20 and that for

the first three years by Rs 61. Find the sum.

1) Rs 7000 2) Rs 8000 3) Rs 7500 4) Rs 6500

77. 7% of the total quantity of wheat is lost in grinding when a country has to import 6 million tones, but when

only 5

% is lost, it can import 3 million tonnes. Find the quantity of wheat grown in the country.

1) 500 million tones 2) 400 million tones 3) 600 million tones 4) 700 million tones

78. When processing flower nectar into honey, a considerable amount of water is added. How much flower

nectar must be processed to yield 1 kg of honey, if nectar contains 70% water and the honey obtained from

this nectar contains 17% water?

1) 4.11 Kg 2) 1.76 Kg 3) 0.36 Kg 4) 2.77 kg

79. Anu owes Biresh Rs 1120 payable 2 yr hence Biresh owes Anu Rs 1081.50 payable 6 months. If they decide to

settle their accounts forthwith by payment of ready money and the rate of interest be 6% per annum, then

who should pay and how much?

1) Anu Rs 70 2) Biresh Rs 50 3) Anu Rs 50 4) Biresh Rs 70

80. The present worth of bill due 7 months, hence is Rs 1200. If the bill were due at the end of 2

yr, its present

worth would be Rs 1016. The rate percent of the bill is

1) 16% 2) 8% 3) 10% 4) 18%

81. Arun has 800 shares of par value Rs 50 each and 600 debentures of par value Rs 100 each of the company.

The company pays an annual dividend of 6% on the shares and interest of 12% on the debentures. The rate

of return on his investment is

1) 8% 2) 9.6% 3) 1.6% 4) 8.6%

82. Sita buys a fridge at

of its original value and sells it for 10% more than its value. Then, gain percent is

1) 15.55 2) 11.67 3) 16.67 4) none of these

83. If S is 150% of T , then T is what percent of S + T ?

1) 40% 2) 33

% 3) 75% 4) 80%

84. A cash payment that will settle a bill for 250 chairs at Rs 50 per chair less 20% and 15% with a further

discount of 5% on cash payment is

1) Rs 8075 2) Rs 7025 3) Rs 8500 4) None of these



85. A trader has 50 kg of rice, a part of which he sells at 10% profit and the rest at 5% loss. He gain 7% on the

whole. How much was sold at 10% gain and how much was sold at 5% loss?

1) 40 Kg and 15 kg 2) 30kg and 10 kg 3) 35 kg and 40kg 4) 40kg and 10kg

86. The difference between the compound interest and the simple interest on a certain sum of money for 2 yr at

105% per annum is Rs 45. Find the sum.

1) Rs 7000 2) Rs 2750 3) Rs 2000 4) Rs 2250

87. The price of petrol in increased by 25%. How much percent must a car owner reduce his consumption of

petrol as to increase his expenditure on petrol?

1) 25% 2) 50% 3) 30% 4) 20%

88. 5 g of an alloy of gold and silver contains 80% gold ( By weight ). The quantity of gold, that is to be mixed up

with this alloy, so that it may contain 95% gold, is

1) 200g 2) 50 g 3) 150 g 4) 10 g

89. Ram takes a loan of Rs 10000 and pays back Rs 13310 after 3 yr. the compound interest rate per annum will

be approximately

1) 8% 2) 9% 3) 10% 4) 11%

90. From the salary of an employee, 10% is deducted as house rent , 15% of the rest he spends on children’s

education and 10% of the balance he spends on clothes. After this expenditure, he left with Rs 1377. His

salary is

1) Rs 2000 2) Rs 2040 3) Rs 2100 4) Rs 2200

91. At a college entrance examination, each candidate is admitted or rejected according to whether he has

passed or failed the test. Of the candidates who are really capable, 80% pass the tests and of the incapable,

25 % pass the tests . Given that 40% of the candidates are really capable, then the proportion of capable

college students is about

1) 73% 2) 70% 3) 68% 4) 75%

92. The amount of water ( in ml ) that should be added to reduce 9 ml. lotion, containing 50% alcohol, to a lotion

containing 30% alcohol, is

1) 5 ml 2) 4 ml 3) 3 ml 4) 6 ml

93. In an examination, there were 2000 candidates, out of which 900 candidates were boys and the rest were

girls. If 32% of the boys and 38% of the girls passed, then the total percentage of failed candidates is

1) 68.55 2) 64.75 3) 35.35 4) 70%

94. If the price of gold increases by 30%, find by how much the quantity of ornaments must be reduced so that

expenditure may remain the same as before?

1) 30% 2) 23

% 3) 27

% 4) 19 %

95. A manufacturer of certain item can sell all he can produce at the selling price of Rs 60 each. It costs him Rs

40 in materials and labour to produce each item and he has overhead expenses of Rs 3000 per week in order

to operate that plant. The number of units he should produce and sell in order to make a profit of at least Rs

1000 per week is

1) 250 2) 300 3) 400 4) 200

96. If the selling price of a product is increased by Rs 162 then the business would make a profit of 17% instead

of a loss of 19%. What is the cost price of the product?

1) Rs 540 2) Rs 450 3) Rs 360 4) Rs 600

97. In a company there are 75% skilled workers and remaining ones are unskilled. 80% of skilled workers and

20% of unskilled workers are permanent. If number of temporary workers is 126, then what is the number of

total workers?

1) 480 2) 510 3) 360 4) 377



98. There were two candidates in an election. 10% of the voters did not vote. 60 votes were declared invalid.

The elected candidate got 308 votes more than his opponent. If the elected candidate got 47% of the total

votes, how many votes did each candidate get?

1) 2316 and 2012 2) 2629 and 2324 3) 2871 and 2575 4) 2914 and 2606

99. A owes B Rs 1573, payable 1

yr hence. Also B owes A Rs 1444.50 payable 6 months hence. If they want to

settle the account forthwith, keeping 14% as the rate of interest, then who should pay whom and how

much?

1) A to B Rs 28.50 2) B to A, Rs 37.50 3) A to B, Rs 50 4) B to A, Rs 50

100. If the height of a triangle is decreased by 40% and its base is increased by 40% , what will be the

effect on its area?

1) No change 2) 8% decrease 3) 16% decrease 4) 16% increase

101. The ratio of the amount for two years under CI annually and for one year under SI is 6 : 5 when the

ratio of interest is same, then the value of the rate of interest is

1) 12.5% 2) 18% 3) 20% 4) 16.66%

102. Consider the following statements

If sum of money is lent at simple interest, then the

I. Money gets double in 5 yr, if the rate of interest is 16

%

II. Money gets doubled in 5 yr, if the rate of interest is 20%.

III. Money become four times in 10 yr, if it gets doubled in 5 yr.

Of these statements

1) I and III are correct 2) II alone is correct 3) III alone is correct 4) II and III are correct

103. Soma purchases National savings certificates every year whose value exceeds the previous year’s

purchase by Rs 400. After 8 yr, she finds that she has purchased certificates whose total face value is Rs

48000. What is the face value of the certificates purchased by her in the first year?

1) Rs 4300 2) Rs 4500 3) Rs 4400 4) Rs 4600

104. A computer is available for Rs 39000 cash or Rs 17000 as cash down payment followed by five

monthly installments of Rs 4800 each. What is the rate of interest per annum under the installment plan?

1) 35.71% 2) 37.71% 3) 36.71% 4) 38.71%

105. Under the Rural Housing Scheme, the Delhi Development Authority (DDA) allotted a house to kamal

Raj for Rs 126100. This payment is to be made in three equal annual installments. If the money if reckoned

at 5 % per annum compound interest, then How much is to be paid by Kamal Raj in each installment?

1) Rs 45205 2) Rs 47405 3) Rs 46305 4) Rs 48505

106. A firm of readymade garments makes both men’s and women’s shirts. Its average profit is 6% of the

sales. Its profit in men’s shirts average 8% of the sales and women’s shirts comprise 60% of the output. The

average profit per sales rupee in women’s shirts is

1) 0.0466 2) 0.0666 3) 0.0166 4) none of these

107. Out of total of 120 musicians in a club, 5% can play all the three instruments – guitar, violin and

flute. It so happens that the number of musicians who can play any two and only two of the above

instruments is 30. The number of musicians who can play the guitar alone is 40. What is the total number of

those who can play violin alone of flute alone?

1) 30 2) 44 3) 38 4) 45

108. Population of a district is 296000 out of which 166000 are males. 50% of the population is literate if

70% males are literate, then the number of women, who are literate, is

1) 32200 2) 31800 3) 66400 4) 48000



109. Sumit lent some money to Mohit earned a profit of transaction after a year, Mohit earned a profit of

Rs 350. Find the sum of money lent by Sumit to Mohit

1) Rs 10000 2) Rs 9000 3) Rs 10200 4) Rs none of these

110. The capital of a company is made up of 50000 preferred shares with dividend of 20% and 20000

common shares , the par value of each type of share being Rs 10. The company had a total profit of Rs

180000 out of which Rs 30000 Was kept in reserve fund and the remaining distributed to shareholders. Find

the dividend percent to the common shareholders.

1) 20% 2) 24% 3) 25% 4) 30%

111. The population of a city increases at a rate of 4% per annum. There is an additional annual increase

of 1% in the population due to the influx of job seekers. The percentage increase in the population after 2 yr

is

1) 10.25% 2) 10% 3) 10.50% 4) 10.75%

112. A scooter costs Rs 25000 when it is brand new. At the end of each year, its value is only 80% of what

it was at the beginning of the year. What is the value of the scooter at the end of the 3 yr?

1) Rs 12500 2) Rs 10000 3) Rs 12800 4) Rs 12000

113. Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The

former is recovered 6 months earlier than the latter and the amount in each case is Rs 2560. The sum and

the time for which the sums of money are lent out are

1) Rs 2000, 3.5 yr and 4 yr 2) Rs 1500, 3.5 yr and 4 yr 3) Rs 2000, 4 yr and 5.5 yr

4) Rs 3000, 4 yr and 4.5 yr

114. The population of bacteria culture doubles every 2 min. approximately, how many minutes will it

take for the population to grow from 1000 to 500000 bacteria?

1) 10 min 2) 12 min 3) 14 min 4) 18 min

115. There are five boxes in a cargo hold, the weight of the first box is 200kg and the weight of the

second box is 20% higher than the weight of the third box, whose weight is 25% higher than the fist box. The

fourth box at 350 kg is 30% higher than the fifth box. The difference in average weight of the four heaviest

boxes and is .

1) 51.5 kg 2) 75 kg 3) 37.5 kg 4) 112.5 kg

116. At what price should 1 buy a share, the value of which is Rs 100, paying a dividend of 8% , so that my

yield is 11%?

1) Rs 70 2) Rs 72.72 3) Rs 75 4)Rs 84

117. 401% of the students in a college play Basket ball, 34% of the students play Tennis and the number

of students who play both the games is 234. The number of students who play neither Basket ball nor Tennis

is 52%. Determine the student population in the college.

1) 800 2) 1050 3) 900 4) 850

118. A video magazine distributor made 3500 copies of the March issue of the magazine at a cost of Rs

350000. He gave 500 cassettes free to some key video libraries. He also allowed a 25% discount on the

market price of the cassette and gave one extra cassette free with every 29 cassettes bought at a time. In

this manner, he was able to sell all the 3500 cassettes that were produced. If the market price of a cassette

was Rs 150, then what is his gain or loss percent for the March issue of video magazine ?

1) 25% loss 2) 10% Gain 3) 40% gain 4) 6.8% loss

119. The weight of an empty bottle is 20% of the weight of bottle when filled with some liquid. Some of

the liquid has been removed. Then , the bottle , along with the remaining liquid, weighed half of the original

weight. What fractional part of the liquid has been removed?

1)

2)

3)

4) None of these



120. Peter got 30% of the maximum marks in an examination and failed by 10 marks. However, Paul who

took the same examination got 40% of the total marks and got 15 more than the passing marks in the

examination. What were the passing marks in the examination?

1) 35 2) 250 3) 75 4) 85

121. 37.85% and 92% alcoholic solutions are mixed to get 35L of an 89% alcoholic solution. How many

litres of each solution are there in the mixture?

1) 10 of the first and 25 of the second 2) 20 of the first and 15 of the second

3) 15 of the first and 20 of the second 4) none of the above

122. In a factory, producing parts of an automobile, the parts manufactured on the shop floor are

required to go through quality checks; each conducted after a specific part of the processing on the raw

material is completed. Only parts that are not rejected at one stage are put through subsequent stages of

production and testing. If average rejection rates at these three testing machines during a month are 10%,

5% and 2% respectively, then what is the effective rejection rate for the whole plant?

1) 17% 2) 15.20% 3) 84.80% 4) 16.21%

123. A person had deposited Rs 13200 in a bank which pays 14% interest. He withdraws the money and

invests in Rs 100 stock at Rs 110 which pays a dividend of 15%. How much does he gain or lose?

1) lose Rs 48 2) Gain Rs 48 3) lose Rs 132 4) Gain Rs 132

124. If a% of x is equal to b% of y, then c% of y is what percent of x ?

1) c% 2)

% 3)

% 4) abc%

125. A country follows a progressive taxation systrm under which the income tax rate applicable varies

for different slabs of income. Total tax is computed by calculating the tax for each slab and adding them up.

The rates applicable are as follows

`

Annual Income Tax

Rate 0 - 50000 0%

50001 - 60000 10%

60001 - 150000 20%

- > 150000 30%

If any income is Rs 170000, then what is the tax payable by me?

1) Rs 51000 2) Rs 17000 3) Rs 34000 4) Rs 25000

126. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25% , then the

value of x is

1) 25 2) 18 3) 16 4) 15

127. A screw driver and a hammer currently have the same price. If the price of a screw driver rises by 5%

and the price of hammer goes up by 3%, then how much more will it cost to buy, 3 screw drivers and 3

hammers?

1) 3% 2) 4% 3) 5% 4) 8%

128. Village A has a population of 6800, which is decreasing at the rate of 120 per year. Village B has a

population of 4200. Which is increasing at the rate of 80 per year? In how many years will the population of

the two villages be equal?

1) 9 yr 2) 11 yr 3) 13 yr 4) 16 yr

129. X% of y is of

1) x 2)

3)

4) 100 x



130. A man sells an article at 5% profit. If he had bought it at 5% less and sold it for Rs 1 less, he would

have gained 10%. The cost price of the article is

1) Rs 200 2) Rs 150 3) Rs 250 4) Rs 240

131. A company has 6435 bars of soap. If the company has sold 20% of its stock, then how many bars of

soap did it sell?

1) 1237 2) 1257 3) 1287 4) 1300

132. A bicycle originally costs Rs 100 and was discounted 10%. After three months, it was sold after being

discounted 15%. How much was the bicycle sold for ?

1) Rs 55.5 2) Rs 95.25 3) Rs 76.5 4) None of these

133. A shopkeeper sold a TV set for Rs 17940, with a discount of 8% and gained 19.6%. if no discount is

allowed, then what will be his gain percent?

1) 25% 2) 26.4% 3) 24.8% 4) 30%

134. A dairyman pays Rs 6.4 litre of milk. He adds water and sells the mixture at Rs 8 per litre, thereby

making 37.5% profit. The proportion of water to milk received by the customers is

1) 1 : 15 2) 1 : 10 3) 1 : 20 4) 1 : 12

135. My friend collects antique stamps. She purchased two, but found that she needed to raise money

urgently. So, she sold them for Rs 8000 each. On one How much did she gain or lose in the entire

transaction?

1) No loss / Profit 2) Rs 667 loss 3) Rs 667 profit 4) None of these

136. Ravi gave Rs 1200 on loan. Some amount he gave at 4% per annum simple interest and remaining at

5% per annum dimple interest. After two years, he got Rs 110 as interest. Then, the amounts given at 4%

and 5% per annum simple interest are , respectively

1) Rs 500, Rs 700 2) Rs 400, Rs 800 3) Rs 800, Rs 300 4) Rs 1100, Rs 1100

137. A worker earns a 5% raise. A year later, the worker receives a 2.5% cut in pay and now his salary is Rs

22702.68. What was his salary to began with?

1) Rs 22000 2) Rs 22176 3) Rs 25000 4) Rs 22193

138. On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs 7. If he sells the pen at 5% gain

and the book at 10% gain, then he gains Rs 13. The actual price of the book is

1) Rs 100 2) Rs 80 3) Rs 10 4) Rs 400

139. Shatabdi Express has a capacity of 500 seats of which 10% are in Executive class and the rest being

chair cars. During one journey the train was booked to 85% of its capacity. If Executive class was booked to

96% of its capacity , then how many chair car seats were empty during that journey?

1) 75 2) 73 3) 71 4) None of these

140. By selling 33m of cloth, a shopkeeper gains the price of 11 m of cloth. His gain percent is

1) 7% 2) 50% 3) 20% 4) 22%

141. Sanjay borrowed a certain sum from Anil at a certain rate of simple interest for 2 yr. He lent this sum

to Ram at the same rate of interest compounded annually for the same period. At the end of two years, he

received Rs 4200 as compound interest but paid Rs 4000 only as simple interest, find the rate of interest.

1) 15% 2) 20% 3) 35% 4) 10%

142. If 7% of the sale price of an article is equivalent to 8% of its cost price and 9% of its sale price

exceeds 10% of its cost price by Rs 1, then what is the cost price of the article ?

143. P% of a number P is q% more than r% of the number R. if the difference between P and R is r% of R

and if the sum of P and R is 210, then which of the following statements is always true?

1) P= 110, R=100 2) P= 220, R = 200 3) P = 3300, R = 3000 4) all of these



144. A wants to secure an annual income of Rs 1500 by investing in 15% debentures of face value Rs 100

each and available for Rs 104 each. If the brokerage is 1% then the sum of money he should invest is

1) Rs 19642 2) Rs 10784 3) Rs 10504 4) Rs 15000

145. A cycle agent buys 30 bicycles, of which 8 are first grade and the rest are second grade, for Rs 3150,

find at what price he must sell the first grade bicycles so that if he sells the second grade bicycles at three

quarters of the price, he may make a profit of 40% on his outlay ?

1) Rs 200 2) Rs 240 3) Rs 180 4) Rs 210

146. The price of a water geyser is Rs 1265. If the manufacturer gains 10%, the wholesale dealer gains

15% and the retailer gains 25%, then the cost of the product is

1) Rs 800 2) Rs 900 3) Rs 700 4) Rs 600

147. The population of a variety of tiny bush in an experimental field increased by 10% in the first year,

increased by 8% in the second year but decreased by 10% in the third year. If the present number of bushes

in the experimental field is 26730, then the number of variety of bushes in the beginning was

1) 35000 2) 27000 3) 25000 4) 36000

148. The difference between the simple interest and the compound interest compounded annually at the

rate of 12% per annum on Rs 5000 for two years will be

1) Rs 17.50 2) Rs 36 3) Rs 45 4) Rs 72

149. A reduction of 20% in the price of sugar enables a purchaser to obtain 2

kg more for Rs 160. Find

the original price per kg of sugar.

1) Rs 12 2) Rs 15 3) Rs 16 4) Rs 18

150. Two equal sums of money were invested, one at 4% and the other at 4

. At the end of 7 yr, the

simple interest received from the latter exceeded the received from the former by Rs 31.50. Each sum was

1) Rs 1000 2) Rs 500 3) Rs 750 4) Rs 900

151. If the cost price of 12 pencils is equal to the selling price of 10 pencils, the profit percent in the

transaction is

1) 16

% 2) 18% 3) 20% 4) 25%

152. Two motor cars were sold for Rs 9900 each, gaining 10% on one and losing 10% on the other. The

gain or loss percent in the whole transaction is

1) neither loss no gain 2) 1% Gain 3)

% profit 4) 1% loss

153. After having spent 35% of the money on machinery, 40% on raw material and 10% on staff, a person

is left with Rs 60000. The total amount of money spent on machinery and raw material is

1) 176000 2) Rs 170000 3) Rs 300000 4) Rs 340000

154. Ravi sells an article at a gain of 12

% . if he had sold it at Rs 22.50 more , he would have gained 25%.

The cost price of the article is

1) Rs 162 2) Rs 140 3) Rs 196 4) Rs 180

155. The sale price of an article including the sales tax is Rs 616. The rate of Sales tax is 10% . if the

shopkeeper has made a profit of 12% , then the cost price of the article is

1) Rs 500 2) Rs 515 3) Rs 550 4) Rs 600

156. A bought 4 bottles of beer and B bought one bottle of lager, lager per bottle costing twice that of the

beer. C bought nothing but paid Rs 50, for his share of the drink which they maxed together and shared

equally. If C’s Rs 50 covered his share , then what is the cost of the lager?

1) Rs 50 2) Rs 75 3) Rs 30 4) Rs 46

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



1) 66

% 2) 100% 3) 105

4) 120%

158. If 50% of the 2 : 3 solution of milk and water is replaced with water, then the concentration of the

solution is reduced by

1) 25% 2) 33.33% 3) 50% 4) 75%

159. If the difference between the simple and the compound interests on same principal amount at 20%

for 3 yr is Rs 48, then the principal amount must be

1) Rs 650 2) Rs 600 3) Rs 375 4) Rs 400

160. Vishal goes to a shop to buy a radio costing Rs 2568. The rate of Sales tax is 7%. He tells the

shopkeeper to reduce the3 price of the radio to such an extent that he has to pay Rs 2568, inclusive of sales

tax. Find the reduction needed in the price of the radio..

1) Rs 179.76 2) Rs 170 3) Rs 168 4) Rs 169

161. Sunder purchased an office bag with a price tag of Rs 600 in a sale where 25% discount was being

offered on the tag price. He was given a further discount of 10% on the amount arrived at after giving usual

25% discount. What was the final amount paid by sunder?

1) Rs 210 2) Rs 540 3) Rs 405 4) Rs 450

162. A house cost C rupees. Later it was sold for a profit of 25%. What is the capital gains tax if it is 50% of

the profit ?

1)

2)

3)

4)

163. I derive an annual income of Rs 688.25 from Rs 10000 invested partly at 8% per annum and partly at

5% per annum simple interest, How much of my money is invested at 5%?

1) Rs 3725 2) Rs 4225 3) Rs 4800 4) Rs 5000

164. What price should a shopkeeper mark on a article costing him Rs 153 to gain 20% after allowing a

discount of 15%?

1) Rs 162 2) Rs 184 3) Rs 216 4) Rs 224

165. A horse and a carriage together cost Rs 8000. If by selling the horse at a profit of 10% and the

carriage at a loss of 10% a total profit of 2.5% is made, then what is the cost price of the horse?

1) Rs 3000 2) Rs 3500 3) Rs 4000 4) Rs 5000

166. In a co-educational school there are 15 more girls than boys. If the number of girls is increased by

10% and the number of boys is also increased by 16% there would be nine more girls than boys. What is the

number of students in the school?

1) 140 2) 125 3) 265 4) 255

167. A piece of cloth costs Rs 35. If the length of the piece would have been 4 m longer and each meter

costs Rs 1 less , the cost would have remained unchanged. How long is the piece?

1) 14 m 2) 10m 3) 12 m 4) 9 m

168. A sum of money becomes eight times in 3 yr, if the rate is compounded annually. In how much time

the same amount at the same compound interest rate will become sixteen times?

1) 6 yr 2) 4 yr 3) 8 yr 4) 5 yr

169. The digit at unit’s place of a two- digit number is increased by 100% and the ten’s digit of the same

number is increased by 50%. The new number thus formed is 19 more than the original number. What is the

original number?

1) 22 2) 63 3) 24 4) none of these

170. In a certain store, the profit is 320% of the cost. If the cost increase by 25% but the selling price

remains constants. Approximately what percentage of the selling price is the profit?

1) 30% 2) 70% 3) 100% 4) 250%



171. The ration of the prices of two houses A and B was 4: 5 last year. This year, the price of A is increased

by 25% and in order to gain 20% in the transaction, he should sell the marbles at the rate of how many

marbles for a rupee?

1) 8 2) 6 3) 4 4) 3

172. By selling 12 marbles for a rupee, a shopkeeper loses 20%. In order to gain 20% in the transaction,

he should sell the marbles at the rate of how many marbles for a rupee?

1) 8 2) 6 3) 4 4) 3

173. Which of the following multipliers will cause a number to be increased by 25.3%

1) 12.53 2) 125.3 3) 1.253 4) 1253

174. When the price of a radio was reduced by 20%, its sale increased by 80%. What was the net effect on

the sale?

1) 44% increase 2) 44% decrease 3) 66% increase 4) 75% increase

online exam seva it at a loss of 5%. the customer paid rs 672. find the cost of the machine for the...

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