Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

Find the ratio of :(a) 5 to 5o paise(b) 15 kg to 210 g(c) 9 m to 27 cm(d) 30 days to 36 hours

Answer» (a) Rs. 5 : 50 paise

5 × 100 : 50 paise

500 paise : 50 paise (Dividing by 50)

10 : 1

(b) 15 kg: 210 g

15 × 1000: 210 g

15000 g : 210 g (Dividing by 30)

500 : 7

(c) 9 m : 27 cm

9 × 100 : 27 cm

900 cm : 27 cm (Dividing by 9)

100 : 3

(d) 30 days : 36 hours

30 × 24 : 36 hours

720 hours : 36 hours (Dividing by 36)
20 : 1
2.

A man got a 10% increase in his salary. If his new salary is Rs 1,54,000, find his original salary

Answer»

Let the original salary be x. It is given that the new salary is Rs 1,54,000.

Original salary + Increment = New salary

However, it is given that the increment is 10% of the original salary.

Therefore,

x + 10/100  X x = 154000

100x/100 = 15400

x = ( 154000 X 100/100 )

x = 140000

Thus , the original salary war Rs 1,40,000.

3.

A VCR and TV were bought for Rs 8,000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the TV. Find the gain or loss percent on the whole transaction.

Answer»

C.P. of a VCR = Rs 8000

The shopkeeper made a loss of 4 % on VCR.

This means if C.P. is Rs 100, then S.P. is Rs 96.

When C.P. is Rs 8000, S.P. = Rs ( 96/100 x 8000 )  = Rs 7680

C.P. of a TV = Rs 8000

The shopkeeper made a profit of 8 % on TV.

This means that if C.P. is Rs 100, then S.P. is Rs 108.

When C.P. is Rs 8000, S.P. = Rs ( 108/100 x 8000 ) = Rs 8640

Total S.P. = Rs 7680 + Rs 8640 = Rs 16320 

Total C.P. = Rs 8000 + Rs 8000 = Rs 16000

 Since total S.P.> total C.P., there was a profit. 

Profit = Rs 16320 − Rs 16000 = Rs 320

Profit % = Profit / C.P x 100 = 320/16000 x 100

= 2%

Therefore, the shopkeeper had a gain of 2% on the whole transaction.

4.

A scooter was bought at Rs 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.

Answer»

Principal = Cost price of the scooter = Rs 42,000 Depreciation = 8% of Rs 42,000 per year

= Rs (42000 x 8 x 1/100)

 = Rs 420 x 8 x 1 = Rs 3360

Value after 1 year = Rs 42000 − Rs 3360 = Rs 38,640

5.

Chalk contains 10% calcium, 3% carbon and 12% oxygen. Find the amount of carbon and calcium (in grams) in 2 1/2 kg of chalk.

Answer»

We have,

Percentage of calcium in chalk = 10%

Percentage of carbon in chalk = 3%

Percentage of oxygen in chalk = 12%

Weight of chalk = 2 1/2 kg 

= 5/2 kg 

= 2.5 kg x 1000 g 

= 2500 gm

Amount of carbon in chalk = 3% of 2500 g 

= 3/100 x 2500 

= 25 x 3 

= 75 g

Amount of calcium in chalk = 10% of 2500 g 

= 10/100 x 2500 

= 10 x 25 

= 250 g

Hence, amount of carbon and calcium are 75 g and 250 g respectively.

6.

State whether the statements are True or False. When an improper fraction is converted into percentage then the answer can also be less than 100.

Answer»

When an improper fraction is converted into percentage then the answer can also be less than 100.

False

7.

Radhika bought a car for Rs 2,50,000. Next year its price decreased by 10% and further next year it decreased by 12%. In the two years overall decrease per cent in the price of the car is(a) 3.2% (b) 22% (c) 20.8% (d) 8%

Answer»

(c) 20.8%

Explanation: 

Radhika bought a car for Rs. 250000.

Cost price = Rs.250000

Its price decreased next year for 10%.

Thus, new price = 250000 – (10/100) × 250000

= 250000 – 25000 = 225000

Again, the price of car decreased by 12% next year. So the price will be:

= 225000 – 225000 × (12/100)

= 225000 – 27000

= 198000

So, the overall decrease in percentage of car price = (250000-198000)/250000 × 100

= (52000/250000) × 100 = 520/25 = 20.8%

8.

Express 80% as fraction in its lowest term.

Answer»

Correct answer is 4/5

9.

Express 150% as a ratio in the lowest form.

Answer»

We have, 150%

For ratio, 150% : 1

= 150/100 : 1

= 3/2 : 1

= 3/2 x 2 : 1 x 2

= 3 : 2

10.

Express 150% as a ratio in the lowest form.

Answer»

Correct answer is 3:2

11.

In a city, 30% are females, 40% are males and remaining are children. What per cent are children ?

Answer»

females = 30%

males = 40%

= 100 – (30 + 40)

remaining are children = 100 – 70 = 30%

∴ Percentage of children = 30%

12.

State whether the statements are True or False. By selling a book for Rs 50, a shopkeeper suffers a loss of 10%. The cost price of the book is Rs 60.

Answer»

By selling a book for Rs 50, a shopkeeper suffers a loss of 10%. The cost price of the book is Rs 60.

Flalse

13.

State whether the statements are True or False.Amount received after depositing Rs 800 for a period of 3 years at the rate of 12% per annum is Rs 896.

Answer»

Amount received after depositing Rs 800 for a period of 3 years at the rate of 12% per annum is Rs 896.

False

14.

Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?

Answer»

Interest paid by Fabina = P x R x T/100

= Rs (12500 x 12 x 3/100)  = Rs 4500

Amount paid by Radha at the end of 3 years = A 

= P(1 + R/100)n

A = Rs [12500(1 + 10/100)3]

= Rs [12500(100 +10/100)3]

= Rs (12500 x 110/100 x 110/100 x 110/100)

= Rs 16637.50

C.I. = A − P = Rs 16637.50 − Rs 12500 = Rs 4,137.50

The interest paid by Fabina is Rs 4,500 and by Radha is Rs 4,137.50.

Thus, Fabina pays more interest.

Rs 4500 − Rs 4137.50 = Rs 362.50

Hence, Fabina will have to pay Rs 362.50 more.

 

15.

A cricket bat was purchased for Rs 800 and was sold for Rs 1600. Then profit earned is(a) 100% (b) 64% (c) 50% (d) 60%

Answer»

Correct answer is (a) 100%

16.

Fill in the blanks to make the statement true.Aahuti purchased a house for ₹ 50,59,700 and spent ₹ 40300 on its repairs. To make a profit of 5%, she should sell the house for ₹ ________.

Answer»

Aahuti purchased a house for ₹ 50,59,700 and spent ₹ 40300 on its repairs. To make a profit of 5%, she should sell the house for ₹ 5355000.

Froom the question it is give that,

Cost price of house purchased by Aahuti = ₹ 50,59,700

Amount spent to repair the house = ₹ 40,300

Then, total cost price of house = ₹ 50,59,700 + 40,300

= ₹ 5100000

Profit % = (profit/CP) × 100

5 = ((SP – CP)/CP) × 100

5 = ((SP – 5100000)/5100000) × 100

(5 × 5100000)/100 = SP – 5100000

SP = ₹ 5355000

17.

Interest = (P×R×T)/100 , where T is ____________ R% is ____________ and P is ____________.

Answer»

Interest = (P×R×T)/100 , where T is Time R% is Rate and P is Principal.

18.

Fill in the blanks to make the statement true.Interest = (P × R × T)/100 , where T is_____,R% is____ and P is____.

Answer»

Interest = (P × R × T)/100, where

T is Time period

R % is Rate of Interest and

P is Principal.

19.

Fill in the blanks to make the statement true.The difference of interest for 2 years and 3 years on a sum of ₹ 2100 at 8% per annum is _________.

Answer»

The difference of interest for 2 years and 3 years on a sum of ₹ 2100 at 8% per annum is ₹ 168.

From the question it is given that,

P = ₹ 2100

Time = 2 years

Rate = 8%

Then, we know the formula of Simple interest I = (P × R × T)/100

I = (2100 × 2 × 8)/100

I = 33600/100

I = ₹ 336

Then,

Time = 3 years

I = (P × R × T)/100

I = (2100 × 3× 8)/100

I = 50400/100

I = ₹ 504

The difference of interest for 2 years and 3 years = 3 years – 2 yeas

= ₹ 504 – ₹ 336

= ₹ 168

20.

Fill in the blanks to make the statement true. To convert a fraction into a per cent, we _________ it by 100.

Answer»

To convert a fraction into a per cent, we Multiply it by 100.

21.

Fill in the blanks to make the statements true.  A _______ with its denominator 100 is called a per cent.

Answer»

A fraction with its denominator 100 is called a per cent.

22.

Fill in the blanks to make the statement true.25 ml is _________ per cent of 5 litres.

Answer»

25 ml is 0.5 per cent of 5 litres

Let us assume 25 ml be Q % of 5 liters.

So, 25 ml = Q % of 5l

25 = (Q/100) × 5 × 1000

Q = (25 × 100)/(5 × 1000)

Q = 0.5%

23.

Fill in the blanks to make the statements true.25 ml is _________ per cent of 5 litres.

Answer»

25 ml is 0.5 per cent of 5 litres.

24.

Interest on Rs 12500 at 18% per annum for a period of 2 years and 4 months is ________.

Answer»

Interest on Rs 12500 at 18% per annum for a period of 2 years and 4 months is Rs 5250.

25.

Fill in the blanks to make the statement true.Abida bought 100 pens at the rate of Rs 3.50 per pen and pays a sales tax of 4%. The total amount paid by Abida is ______.

Answer»

Rs.364

Explanation: 

Number of pens = 100

Rate of per pen = Rs.3.50

Cost of 100 pens = 100 × 3.50 = 350

Sales tax on pen = 4%

Total amount paid = 350 × (4/100) + 350

= 350 × 1/25 + 350

= 14 + 350

= 364

26.

Nasim bought a pen for Rs 60 and sold it for Rs 54. His ________% is ________.

Answer»

Nasim bought a pen for Rs 60 and sold it for Rs 54. His Loss % is 10.

27.

If 20 lemons are bought for Rs 10 and sold at 5 for three rupees, then ________ in the transaction is ________%.

Answer»

If 20 lemons are bought for Rs 10 and sold at 5 for three rupees, then Profit in the transaction is 20%.

28.

Narain bought 120 oranges at Rs 4 each. He sold 60 % of the oranges at Rs 5 each and the remaining at Rs 3.50 each. His ________ is ________%.

Answer»

Narain bought 120 oranges at Rs 4 each. He sold 60 % of the oranges at Rs 5 each and the remaining at Rs 3.50 each. His Profit is 10%.

29.

Calculate the amount and compound interest on (e) Rs 10000 for 1 year at 8% per annum compounded half yearly

Answer»

Principal (P) = Rs 10,000

Rate = 8% per annum or 4% per half year

Number of years = 1 year

There are 2 half years in 1 year.

A = P (1 + R/100)n

= Rs [10000 (1 + 4/100)2]

= Rs [10000 (1 + 1/25)2]

= Rs (10000 x 26/25 x 26/25) = Rs 10816

C.I. = A − P = Rs 10816 − Rs 10000 = Rs 816

30.

Calculate the amount and compound interest on(a) Rs 10800 for 3 years at 12 1/2% per annum compounded annually.(b) Rs 18000 for 2 1/2 years at 10% per annum compounded annually.

Answer»

(a) Principal (P) = Rs 10, 800

Rate (R) 12 1/2% = 25/2% ( annual )

Number of years (n) = 3

Amount, A = p( 1 + R/100 )n

= Rs [10800 (1 + 25/200)3]

= Rs [10800(225/200)3]

= Rs ( 10800 x 225/200 x 225/200 x 225/200 )

= Rs 15377.34375

= Rs 15377.34  (approximately)

C.I. = A − P = Rs (15377.34 − 10800) = Rs 4,577.34

(b) Principal (P) = Rs 18,000 

Rate (R) = 10% annual

Number of years (n) = 2 1/2 years

The amount for 2 years and 6 months can be calculated by first calculating the amount for 2 years using the compound interest formula, and then calculating the simple interest for 6 months on the amount obtained at the end of 2 years. Firstly, the amount for 2 years has to be calculated.

A = Rs [18000( 1 + 1/10 )2

= Rs (18000 x 11/10 x 11/10)

= Rs 21780

By taking Rs 21780 as principal, the S.I. for the next 1/2 year will be calculated.

S.I = Rs (21780 x 1/2 x 10 / 100) = Rs 1089

∴ Interest for the first 2 years = Rs (21780 − 18000) = Rs 3780

And interest for the next 1/2 year = Rs 1089

∴ Total C.I. = Rs 3780 + Rs 1089 = Rs 4,869

A = P + C.I. = Rs 18000 + Rs 4869 = Rs 22,869

 

31.

A bicycle is purchased for ₹ 1800 and is sold at a profit of 12%. Its selling price is(a) ₹ 1584 (b) ₹ 2016 (c) ₹ 1788 (d) ₹ 1812

Answer»

(b) ₹ 2016

From the question it is given that,

A bicycle is purchased for ₹ 1800

Bicycle is sold at a profit of 12%.

Its selling price is =?

We know that, Profit percent = (Profit/CP) × 100

12 = (Profit/₹ 1800) × 100

(12 × 1800)/100 = Profit

Profit = 12 × 18

Profit = ₹ 216

Then, Profit = SP – CP

216 = SP – 1800

SP = 216 + 1800

SP = ₹ 2016

32.

Fill in the blanks to make the statement true.Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her ________% is ________.

Answer»

Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her Profit% is 10.

From the question, it is given that, cost price of bed = ₹ 400

Selling price of bed = ₹ 440

SP is more than CP so, Profit = SP – CP

= 440 – 400

= ₹ 40

We know that, Profit percentage = (Profit/CP) × 100

= (40/400) × 100

= 10%

33.

The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is (a) Rs 4,000 (b) Rs 4,080 (c) Rs 4,280 (d) Rs 4,050

Answer»

(b) Rs 4,080

Explanation: 

P = Rs.50000, R = 4%, T = 2 years

A = P(1+R/100)T 

= 50000(1+4/100)2 

= 50000(1+1/25)2

A = 50000(26/25)2 

= 54080

Compound interest = A – P 

= 54080 – 50000 

= Rs. 4080

34.

Suppose a certain sum doubles in 2 years at r % rate of simple interest per annum or at R% rate of interest per annum compounded annually. We have(a) r < R (b) R < r (c) R = r (d) can’t be decided

Answer»

(b) R < r

If the total amount received after 2 yr is same for both simple interest and compound interest on same principal, then the rate of simple interest is greater than the rate of compound interest.

i.e.R < r

35.

A bought a tape recorder for Rs 8,000 and sold it to B. B in turn sold it to C, each earning a profit of 20%. Which of the following is true:(a) A and B earn the same profit. (b) A earns more profit than B. (c) A earns less profit than B. (d) Cannot be decided.

Answer»

(c) A earns less profit than B

Explanation: 

Cost price of tape recorder bought by A = Rs.8000

Cost price of tape recorder for B =20% profit on cost price for A

= 20/100 x 8000 + 8000

= 20 x 80 + 8000

= 1600 + 8000

= Rs.9600

Cost price of tape recorder sold to C = 20% profit on cost price for B

= 20/100 x 9600 + 9600

= 1929 + 9600

= Rs.11520

Here, profit for A= Rs.1600 Profit for B = Rs.1920

So, A earns less profit than B.

36.

If marked price of an article is Rs 1,200 and the discount is 12% then the selling price of the article is (a) Rs 1,056 (b) Rs 1,344 (c) Rs 1,212 (d) Rs 1,188

Answer»

(a) Rs 1,056

Explanation: 

Marked price = Rs.1200

Discount = 12%

Since, Discount = Discount% on Marked price

Discount price = 12% of 1200 

= 12/100 × 1200 

= 12 × 12 

= 144

Selling price = Marked price-discount price 

= 1200 – 144 

= Rs. 1056

37.

Latika bought a teapot for Rs 120 and a set of cups for Rs 400. She sold teapot at a profit of 5% and cups at a loss of 5%. The amount received by her is:(a) Rs 494 (b) Rs 546 (c) Rs 506 (d) Rs 534

Answer»

(c) Rs 506

Explanation: 

Price of teapot = Rs. 120

Price of set of cups = Rs. 400

Latika sold teapot at a profit of 5%

Selling price of teapot = 5/100 x 120 + 120

= 120/20 +120

= 6 + 120 = Rs.126

Also, cups were sold at a loss of 5%.

Now, selling price of cups = 400 –5/100 x 400

= 400 – 20

= Rs. 380

Therefore, total amount received = Rs. 126 + Rs. 380 = Rs. 506

38.

A sum is taken for two years at 16% p.a. If interest is compounded after every three months, the number of times for which interest is charged in 2 years is:(a) 8 (b) 4 (c) 6 (d) 9

Answer»

(a) 8

Explanation:

Rate of interest is compounded after every three months.

Thus, the time period for amount in a year will be 4 times.

If amount is taken for 2 year, then 4 × 2 = 8 times charged in 2 year.

39.

The marked price of an article is Rs 80 and it is sold at Rs 76, then the discount rate is:(a) 5% (b) 95% (c) 10% (d) appx. 11%

Answer»

(a) 5%

Explanation: 

Marked price = Rs. 80

Sold price = Rs.76

We know that,

Selling price = Marked price – Discount

Discount = Marked price – Selling price

Discount = Rs.80-Rs.76 = Rs.4

Discount % = 4/80 x 100 = 5%

40.

A jacket was sold for Rs 1,120 after allowing a discount of 20%. The marked price of the jacket is:(a) Rs 1440 (b) Rs 1400 (c) Rs 960 (d) Rs 866.66

Answer»

(b) Rs. 1400

Explanation: 

Let marked price = x

Discount = 20%

Selling price = 1120

Hence,

1120 = x – x × 20/100

1120 = x – x/5

1120 = 4x/5

x = (1120×5)/4 = 1400

41.

Fill in the blanks to make the statement true.5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ____

Answer»

Rs.199.50.

Explanation: 

Marked price = Rs. 200

Discount = 5%

Selling price = 200 – (5/100) × 200

= 200-20

= 190

Selling price including 5% tax = 190+(5/100)×190

= 190 + 9.5

= Rs. 199.5

42.

To gain 25% after allowing a discount of 10%, the shopkeeper must mark the price of the article which costs him Rs 360 as(a) Rs 500 (b) Rs 450 (c) Rs 460 (d) Rs 486

Answer»

(a) Rs 500

Explanation: 

Say, marked price = x

Cost price = Rs.360

As per the question;

x – [x×(10/100)] – [(25×360)/100] = 360

x – x/10 – 90 = 360

9x/10 = 360 + 90

9x = 4500

x = 500

43.

The population of a village is 8000. Out of these, 80% are literate and of these literate people, 40% are women. Find the ratio of the number of literate women to the total population.

Answer»

We have, total population = 8000

Literate people = 80% of total population = 80/100 x 8000 = 6400

Literate women = 40% of literate people = 40/100 x 6400 = 2560

Ratio of literate women to total population = 2560 : 8000 = 2560/320 : 8000/320 = 8:25

Hence, the ratio of women to total population is 8:25.

44.

Lemons were bought at Rs 48 per dozen and sold at the rate of Rs 40 per 10. Find the gain or loss per cent.

Answer»

Given that, Lemons bought at Rs 48 per dozen and sold at Rs.40 per 10.

⇒ cost of 12 lemons = Rs.48 (∵ 1 dozen lemons = 12 lemons)

⇒ Cost price of 1 lemon = 48/12

= Rs.4

Now,selling price of 10 lemons = Rs.40

⇒ Selling price of 1 lemon = 40/10 

= Rs.4

⇒ cost price of 1 lemon = selling price of 1 lemon

⇒ There is neither profit nor loss.

45.

Sita is practicing basket ball. She has managed to score 32 baskets in 35 attempts. What is her success rate in per centage?

Answer»

Given, sita managed to score 32 baskets in 35 attempts.

Need to calculate success rate in percentage.

⇒ Success rate = 32/35 x 100

= 3200/35

= 91.43%

Hence, success rate of sita is 91.43%

46.

A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is (a) Rs 27,562.50 (b) Rs 25,000 (c) Rs 24,937.50 (d) Rs 26,245

Answer»

(c) Rs 24,937.50

Explanation: 

Cost price of TV set = Rs. 26250.

VAT including = 5%

Original price = Cost price of article including VAT = 26250 – (5/100) x 26250

= 26250-1312.5

= 24,937.50

Therefore, original price of TV set is = Rs. 24,937.50

47.

State whether the statement are True or False.The interest on ₹ 350 at 5% per annum for 73 days is ₹ 35.

Answer»

False

From the question it is given that, P = ₹ 350, R = 5%, T = 73 days = 73/365

As we know that,

I = (P × R × T)/100

I = (350 × 5 × 73)/ (100 × 365)

I = ₹ 3.5

48.

Write the correct one. 225% is equal to(a) 9 : 4 (b) 4 : 9 (c) 3 : 2 (d) 2 : 3

Answer»

Correct answer is (a) 9 : 4

49.

A football team won 10 matches out of the total number of matches they played. If their win percentage was 40, then how many matches did they play in all?

Answer»

Let the total number of matches played by the team be x.

It is given that the team won 10 matches and the winning percentage of the team was 40%.

Therefore, 40/100 x X = 10

X = 10 x 100/40

X = 25

Thus, the team played 25 matches.

50.

If the price of sugar is decreased by 20%, then the new price of 3kg sugar originally costing Rs 120 will be ________.If the price of sugar is decreased by 20%, then the new price of 3kg sugar originally costing Rs 120 will be Rs 96.

Answer»
If the price of sugar is decreased by 20%, then the new price of 3kg sugar originally costing Rs 120 will be Rs 96.
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