Practice Question and Answer

Q:

A shopkeeper allows 4% discount on his marked price. If the cost price of an article is ₹ 100 and he has to make a profit of 20%, then his marked price must be

925 0

  • 1
    ₹96
    Correct
    Wrong
  • 2
    ₹120
    Correct
    Wrong
  • 3
    ₹ 125
    Correct
    Wrong
  • 4
    ₹130
    Correct
    Wrong
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Answer : 3. "₹ 125"

Q:

While selling a cooler, a shopkeeper gives a discount of 10% on the marked price. If he gives a discount of 12% he earns ₹ 35 less as profit. The marked price of the cooler is 

975 0

  • 1
    ₹1,650
    Correct
    Wrong
  • 2
    ₹1,625
    Correct
    Wrong
  • 3
    ₹1,725
    Correct
    Wrong
  • 4
    ₹1,750
    Correct
    Wrong
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Answer : 4. "₹1,750"

Q:

An article is sold at a discount of 20% and an additional discount of 30% is allowed on cash payment. If Vidya purchased the article by paying ₹ 2240 in cash, the marked price of the article was 

1108 0

  • 1
    ₹4000
    Correct
    Wrong
  • 2
    ₹4400
    Correct
    Wrong
  • 3
    ₹4368
    Correct
    Wrong
  • 4
    ₹4480
    Correct
    Wrong
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Answer : 1. "₹4000 "

Q:

A certain sum amounts to Rs. 5,832 in 2 years at 8% per annum compound interest, the sum is: 

1048 0

  • 1
    Rs. 5,000
    Correct
    Wrong
  • 2
    Rs. 5,200
    Correct
    Wrong
  • 3
    Rs. 5,280
    Correct
    Wrong
  • 4
    Rs.5,400
    Correct
    Wrong
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Answer : 1. "Rs. 5,000"

Q:

A certain sum, invested at 4% per annum compound interest, compounded half yearly, amounts to Rs. 7,803 at the end of one year. The sum is: 

870 0

  • 1
    Rs. 7,000
    Correct
    Wrong
  • 2
    Rs. 7,200
    Correct
    Wrong
  • 3
    Rs. 7,500
    Correct
    Wrong
  • 4
    Rs. 7,700
    Correct
    Wrong
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Answer : 3. "Rs. 7,500"

Q:

A certain sum of money yields Rs. 1261 as compound interest for 3 years at 5% per annum. The sum is: 

1046 0

  • 1
    Rs. 9000
    Correct
    Wrong
  • 2
    Rs. 8400
    Correct
    Wrong
  • 3
    Rs. 7500
    Correct
    Wrong
  • 4
    Rs. 8000
    Correct
    Wrong
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Answer : 4. "Rs. 8000"

Q:

A money-lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way; he ghins Rs. 104.50 a year. The amount of money he borrows, is:

986 0

  • 1
    Rs. 6,000
    Correct
    Wrong
  • 2
    Rs. 5,500
    Correct
    Wrong
  • 3
    Rs. 5,000
    Correct
    Wrong
  • 4
    Rs. 4,500
    Correct
    Wrong
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Answer : 3. "Rs. 5,000 "

Q:

A man buys a scooter on making a cash down payment of Rs. 16224 and promises to pay two more yearly installments of equivalent amount in next two years. If the rate of interest is 4% per annum, compounded. yearly, the cash value of the 50 scooter, is:

1013 0

  • 1
    Rs. 40000
    Correct
    Wrong
  • 2
    Rs. 46824
    Correct
    Wrong
  • 3
    Rs. 46000
    Correct
    Wrong
  • 4
    Rs. 50000
    Correct
    Wrong
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Answer : 2. "Rs. 46824 "

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