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 |
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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 |
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| 2. |
A man got a 10% increase in his salary. If his new salary is Rs 1,54,000, find his original salary |
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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. |
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| 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. |
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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. |
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| 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. |
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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 |
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| 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. |
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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. |
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| 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. |
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Answer» When an improper fraction is converted into percentage then the answer can also be less than 100. False |
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| 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% |
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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% |
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| 8. |
Express 80% as fraction in its lowest term. |
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Answer» Correct answer is 4/5 |
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| 9. |
Express 150% as a ratio in the lowest form. |
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Answer» We have, 150% For ratio, 150% : 1 = 150/100 : 1 = 3/2 : 1 = 3/2 x 2 : 1 x 2 = 3 : 2 |
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| 10. |
Express 150% as a ratio in the lowest form. |
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Answer» Correct answer is 3:2 |
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| 11. |
In a city, 30% are females, 40% are males and remaining are children. What per cent are children ? |
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Answer» females = 30% males = 40% = 100 – (30 + 40) remaining are children = 100 – 70 = 30% ∴ Percentage of children = 30% |
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| 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. |
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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 |
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| 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. |
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Answer» Amount received after depositing Rs 800 for a period of 3 years at the rate of 12% per annum is Rs 896. False |
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| 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? |
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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.
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| 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% |
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Answer» Correct answer is (a) 100% |
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| 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 ₹ ________. |
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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 |
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| 17. |
Interest = (P×R×T)/100 , where T is ____________ R% is ____________ and P is ____________. |
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Answer» Interest = (P×R×T)/100 , where T is Time R% is Rate and P is Principal. |
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| 18. |
Fill in the blanks to make the statement true.Interest = (P × R × T)/100 , where T is_____,R% is____ and P is____. |
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Answer» Interest = (P × R × T)/100, where T is Time period R % is Rate of Interest and P is Principal. |
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| 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 _________. |
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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 |
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| 20. |
Fill in the blanks to make the statement true. To convert a fraction into a per cent, we _________ it by 100. |
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Answer» To convert a fraction into a per cent, we Multiply it by 100. |
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| 21. |
Fill in the blanks to make the statements true. A _______ with its denominator 100 is called a per cent. |
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Answer» A fraction with its denominator 100 is called a per cent. |
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| 22. |
Fill in the blanks to make the statement true.25 ml is _________ per cent of 5 litres. |
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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% |
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| 23. |
Fill in the blanks to make the statements true.25 ml is _________ per cent of 5 litres. |
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Answer» 25 ml is 0.5 per cent of 5 litres. |
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| 24. |
Interest on Rs 12500 at 18% per annum for a period of 2 years and 4 months is ________. |
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Answer» Interest on Rs 12500 at 18% per annum for a period of 2 years and 4 months is Rs 5250. |
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| 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 ______. |
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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 |
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| 26. |
Nasim bought a pen for Rs 60 and sold it for Rs 54. His ________% is ________. |
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Answer» Nasim bought a pen for Rs 60 and sold it for Rs 54. His Loss % is 10. |
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| 27. |
If 20 lemons are bought for Rs 10 and sold at 5 for three rupees, then ________ in the transaction is ________%. |
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Answer» If 20 lemons are bought for Rs 10 and sold at 5 for three rupees, then Profit in the transaction is 20%. |
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| 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 ________%. |
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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%. |
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| 29. |
Calculate the amount and compound interest on (e) Rs 10000 for 1 year at 8% per annum compounded half yearly |
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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 |
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| 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. |
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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
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| 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 |
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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 |
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| 32. |
Fill in the blanks to make the statement true.Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her ________% is ________. |
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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% |
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| 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 |
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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 |
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| 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 |
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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 |
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| 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. |
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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. |
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| 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 |
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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 |
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| 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 |
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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 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 |
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| 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 |
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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. |
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| 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% |
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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% |
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| 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 |
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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 |
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| 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 ____ |
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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 |
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| 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 |
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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 |
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| 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. |
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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. |
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| 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. |
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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. |
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| 45. |
Sita is practicing basket ball. She has managed to score 32 baskets in 35 attempts. What is her success rate in per centage? |
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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% |
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| 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 |
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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 |
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| 47. |
State whether the statement are True or False.The interest on ₹ 350 at 5% per annum for 73 days is ₹ 35. |
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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 |
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| 48. |
Write the correct one. 225% is equal to(a) 9 : 4 (b) 4 : 9 (c) 3 : 2 (d) 2 : 3 |
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Answer» Correct answer is (a) 9 : 4 |
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| 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? |
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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. |
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| 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. |
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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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