Practice Question and Answer

Q:

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -  

2069 0

  • 1
    12,000
    Correct
    Wrong
  • 2
    6,000
    Correct
    Wrong
  • 3
    8,000
    Correct
    Wrong
  • 4
    10,000
    Correct
    Wrong
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Answer : 3. "8,000 "

Q:

If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have – 

1943 0

  • 1
    $$x^2=xy$$
    Correct
    Wrong
  • 2
    xyz = 1
    Correct
    Wrong
  • 3
    $$x^2=xy$$
    Correct
    Wrong
  • 4
    $$y^2=zx$$
    Correct
    Wrong
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Answer : 4. "$$y^2=zx$$"

Q:

The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is 

1648 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    8 %
    Correct
    Wrong
  • 4
    9 %
    Correct
    Wrong
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Answer : 1. "10 % "

Q:

A shopkeeper allows 23 % commission on his advertised price and still makes a profit of 10 %. If he gains Rs.56 on one item, his advertised price of the item, in Rs. is 

1669 0

  • 1
    820
    Correct
    Wrong
  • 2
    780
    Correct
    Wrong
  • 3
    790
    Correct
    Wrong
  • 4
    800
    Correct
    Wrong
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Answer : 4. "800"

Q:

The cost price of an article is Rs. 800. After allowing a discount of 10 %, a gain of 12.5 % is made. Then the marked price of the article is 

2095 0

  • 1
    Rs. 1,000
    Correct
    Wrong
  • 2
    Rs.1,100
    Correct
    Wrong
  • 3
    Rs. 1,200
    Correct
    Wrong
  • 4
    Rs. 1,300
    Correct
    Wrong
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Answer : 1. "Rs. 1,000 "

Q:

If a person purchases a shirt, he gets 6 % discount. However, if he purchases two shirts, he gets 5 % on the first and 8 % on the second. If the price paid by the person for two shirts is ₹ 925, then what will be the marked price of each shirt? 

2591 0

  • 1
    ₹ 494
    Correct
    Wrong
  • 2
    ₹ 550
    Correct
    Wrong
  • 3
    ₹ 528
    Correct
    Wrong
  • 4
    ₹ 500
    Correct
    Wrong
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Answer : 1. "₹ 494 "

Q:

With a 5 % discount on the cost of sugar, a buyer could purchase 2 kg. more sugar for ₹ 608. Original selling price of sugar is. 

2483 0

  • 1
    ₹ 15.50
    Correct
    Wrong
  • 2
    ₹ 15
    Correct
    Wrong
  • 3
    ₹ 16.50
    Correct
    Wrong
  • 4
    ₹ 16
    Correct
    Wrong
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Answer : 4. "₹ 16"

Q:

A seller marks his goods 30 % above their cost price but allows 15 % discount for cash payment. His percentage of profit when sold in cash is 

1728 0

  • 1
    10.5 %
    Correct
    Wrong
  • 2
    15%
    Correct
    Wrong
  • 3
    9%
    Correct
    Wrong
  • 4
    8.5%
    Correct
    Wrong
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Answer : 1. "10.5 % "

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