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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.

1.

(a) What is the total bill amount?(b) Which item is the costliest one?(c) Write the name of the shop?

Answer»

(a) ₹ 4,050

(b) Tables

(c) ABC Furnitures, Madurai

2.

______ is the difference between S.P and C.P., when S.P > C.P.

Answer»

Profit

Profit is the difference between S.P and C.P., when S.P > C.P.

3.

Complete the following table:

Answer»

(i) Profit = S.P – C.P = 60 – 50 where CP < SP = ₹ 10

(ii) S.P = C.P – loss = 80 – 15 = ₹ 65

4.

A vegetable vendor bought a dozen drum sticks for ₹ 42. Two of them become dry. If he has to get a profit of ₹ 8. Find the S.P of each drumstick.

Answer»

12 drumsticks cost price = ₹ 42

Profit = ₹ 8

Profit = S.P – C.P

⇒ 8 = S.P – 42

⇒ S.P = 8 + 42 = ₹ 50

S.P of 10 drumsticks = ₹ 50

S.P of each drumstick = 5010 = ₹ 5

5.

A School purchases some furniture and gets the following bill.(i) What is the name of the store?(ii) What is the serial number of the bill?(iii) What is the cost of a blackboard?(iv) How many sets of benches and desks does the school buy?(v) Verify whether the total bill amount is correct.

Answer»

(i) Mullai Furniture Mart, Thanjavur

(ii) Serial No. 728

(iii) Cost of a blackboard is ₹ 3000

(iv) 50 sets

(v) Yes, the total bill amount is correct.

6.

Rice is being sold at ₹ 1800 per bag of 25 kg at profit of ₹ 250. Find the Cost price of the rice bag.

Answer»

S.P = ₹ 1800

Profit = ₹ 250

Profit = S.P – C.P

⇒ 250 = 1800 – C.P

⇒ C.P = 1800 – 250 = ₹ 1550

7.

Somu bought a second hand bike for Rs 28,000 and spent Rs 2,000 on its repair. He sold it for Rs 30,000. Find his profit or loss.

Answer»

CP = Rs 28,000 + Rs 2,000

CP = Rs 30,000

SP = Rs 30,000

CP = SP

No profit / Loss

8.

Sugan bought a Jeans pant for ₹ 750. It did not fit him. He sold it to his friend for ₹ 710. Find the profit or loss to sugan.

Answer»

C.P of the Jeans pant = ₹ 750

S.P of the Jeans pant = ₹ 710

Here S.P < C.P

Loss = C.P – S.P = 750 – 710 = ₹ 40

Loss = ₹ 40

9.

If Guna marks his product to be sold for ₹ 325 and gives a discount of ₹ 30, then find the S.P.

Answer»

Marked Price of the Product = ₹ 325

Discount = ₹ 30

Selling Price = M.P – Discount 

= 325 – 30 = ₹ 295

S.P. = ₹ 295

10.

Mangai bought a cell phone for ₹ 12,585. It fell down. She spent ₹ 500 on it repair. She sold it for ₹ 7,500. Find her profit or loss.

Answer»

Cost of the cell phone = ₹ 12,585

Spent on repairs = ₹ 500

Cost price = Cost of cell phone + repair charge = 12,585 + 500 = ₹ 13,085

S.P. = 7,500

Here C.P > S.P

∴ It is loss

Loss = C.P – S.P 

= 13,085 – 7500 = ₹ 5,585

Loss = ₹ 5,585

11.

Amutha marked her home product of pickle as ₹ 300 per pack. But she sold it for only ₹ 275 per pack. What was the discount offered by her per pack?

Answer»

M.P of the pickle = ₹ 300

S.P = ₹ 275

S.P = M.P – Discount

⇒ 275 = 300 – Discount

⇒ Discount = 300 – 275 = ₹ 25

Discount per pack = ₹ 25

12.

A man buys a chair for 1,500. He wants to sell it at a profit of Rs 250 after making a discount of Rs 100. What is the M.P. of the chair?

Answer»

CP = Rs 1,500

Profit = Rs 250

SP = CP + Profit

= Rs 1,500 + Rs 250

= Rs 1,750

Discount = Rs 100

SP = MP – Discount

MP = SP + Discount

= Rs 1,750 + Rs 100

= Rs 1,850

13.

Valavan bought 24 eggs for Rs 96. Four of them were broken and also he had a loss of Rs 36 on selling them. What is the selling price of one egg?

Answer»

Cost of 24 eggs = Rs 96

Since 4 of the eggs were broken, the number of remaining eggs = 24 – 4 = 20

Since the loss is Rs 36

Selling price of 20 eggs

SP = CP – Loss

= Rs 96 – Rs 36

= Rs 60

∴ Cost of 1 egg = Rs 60 / 20 = Rs 3