A)1:3
Description : Some amount out of Rs.8500 was lent at 5% per annum and the remaining was lent at 3% per annum. If the total simple interest from both the fractions in4 years was Rs.1500, the sum lent at 5% per annum was a) Rs. 2400 b) Rs. 2200 c) Rs. 2000 d) Rs. 6000
Last Answer : D Total simple interest received , I = Rs.1500 Principal , p = 8500 period, n = 4 years Rate of interest, r = ? Simple Interest, I=PNR/100 1500 = ( 8500 4 r )/ 100 = ... total amount is Rs.8500. Therefore, the amount lent at 5% per annum (part1 amount) = 8500x12/17 = 6000
Description : Two equal sums are lent at the same time at 6% and 5 % simple interest respectively. The former is recovered 24 months earlier than the latter. And the amount in each case is Rs. 2400. Find the sum of money lent initially. a) 1500 b) 2000 c) 2400 d) 3000 e) 3600
Last Answer : Let the sum be S, time be ‘n’ years for 6%. n+2 years for 5% 2400 = S + S ×n × 6/100 2400 = S + S × (n+2) × 5/100 So, 6n = 5(n+2) or n = 10 years. 2400 = S + S × 10 × 6/100 = 1.6S S = 2400/1.6 = 1500 Answer: a)
Description : Box A contains wheat worth Rs.30 per kg and box B contains wheat worth Rs.40 per kg.If both A and B are mixed in the the ratio 4:7 then the price of mixture per kg is A)36.36 B)35.80 C)42.50 D)31.30
Last Answer : A)36.36
Description : 400 gm spirit solution has 30 % spirit in it , what is the ratio of spirit should be added to make it 80 % in the solution ? A)2:5 B)4:3 C)5:2 D)2:7
Last Answer : A)2:5
Description : In what ratio must a person mix three kinds of Oats costing him Rs 1.20,Rs 1.44 and Rs 1.74 per Kg so that the mixture may be worth Rs 1.41 per Kg? A)11:77:7 B) 11:45:7 C)25:45:8 D) 27:23:6
Last Answer : A)11:77:7
Description : In what ratio water be mixed with juice costing Rs.12 per liter to obtain a mixture worth of Rs.8 per litre? A)2:3 B)2:1 C)1:2 D)3:2
Last Answer : C)1:2
Description : 2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950
Last Answer : (c) Rs.700
Description : In what proportion must water be mixed with milk to gain 40 % by selling it at cost price ? A) 3:5 B)5:3 C)2:5 D)3:2
Last Answer : C)2:5 Solution: 40 : 100 2 : 5
Description : In what proportion must sugar at Price 4.10 per kg must be mixed with weat at Price 4.60 per kg, so that the mixture be worth Rs 4.30 a Kg ? A)3:2 B)2:3 C)5:3 D)None of these
Last Answer : A)3:2
Description : Sum of Rs.118 was shared among 50 boys and girls,each girl receive Rs.2.60 and boy receive Rs.1.80.Find the number of girls. A) 15 B)25 C)30 D)35
Last Answer : D)35
Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500
Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)
Description : A sum of Rs. 1550 was lent partly at 5% and partly at 8% per annum simple interest. The total interest received after 4 yr was Rs. 400. The ratio of the money lent at 8% to that lent at 5% is? (a) 15:16 (b) 16:17 (c) 19:17 (d) 21:26 (e) 20:17
Last Answer : (a) 15:16
Description : One alloy contains silver and copper in the ratio 5:1 and the other contains in the ratio 7:2 respectively. What weights of the 2 must be melted together, so as to make a 5 lb mass with 80% silver? A)5:3 B)3:2 C)2:3 D)2:5
Last Answer : B)3:2
Description : A Mixture contain 88% of sulphur,another mixture contain 70% of sulphur.In order to get 84% of sulphur,in what ratio these two must be mixed. A) 2:7 B)7:2 C)7:4 D)4:5
Last Answer : B)7:2
Description : Ashok being the sleeping partner receives 1/10th of profit and the remaining is divided between pramod and prakash in the ratio of 1:2..If the difference between the profit shares of Ashok and Prakash is Rs.2000.What is pramod’s share in Rs.? A.Rs.1800 B.Rs.2200 C.Rs.1200 D.Rs.1500
Last Answer : Answer:- C (1200) Explanation:- let total profit =x ashok's share in profit is (1/10)x remaining profit = x= (1/10)x= (9/10)x pramod's share= 1/3 x (9/10)x = (3/10 )x Prakash's share= 2/3 ... /10)x = (5/10)x 5/10 x = 2,000 so, x= 4000 pramod's share= (3/10) x 4000=1200
Description : A sum of Rs. 1521 is lent out in two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum? (a) Rs.946 and ... ) Rs.986 and Rs.515 (c) Rs.956 and Rs.505 (d) Rs.936 and Rs.585 (e) None of the above
Last Answer : (d) Rs.936 and Rs.585
Description : Shweta deposits a certain amount on 1st January and 1st July (Same amount on both days) in a bank that offers 5% compound interest, compounded half-yearly. Shweta gains interest of Rs.121 at the end of the year. How much money did Shweta deposit? a) 1200 b) 1300 c) 1400 d) 1500 e) 1600
Last Answer : Let the amount be P Half yearly rate = 5/2 = 2.5% For the deposit on January, Amount = P (1 + 2.5 / 100)2 For the deposit on July, Amount = P (1 + 2.5 /100) We can solve the question by ... Amount in July = 1600 1.025 = 1640 So total interest = 81 + 40 = 121 Required answer is 1600 Answer: e)
Description : P and Q invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and P’s share is Rs. 855, the total profit is: A.Rs. 1435 B.Rs. 1500 C.Rs. 1538 D.Rs. 1580
Last Answer : Answer- B (Rs.1500) Explanation: Let the total profit be Rs. 100. After paying to charity, A’s share = Rs. 95 x 3/5 = Rs. 57. If A’s share is Rs. 57, total profit = Rs. 100. If A’s share Rs. 855, total profit =(100/57) x 855 = 1500.
Description : The compound interest accrued on an amount of Rs. 25,500 at the end of three years is Rs. 8,440.5.What would be the simple interest accrued on the same amount at the same rate in the same period? a) Rs. 5,450/- b) Rs. 8,750/- c) Rs. 4,350/- d) Rs. 3,650/- e) Rs. 7,650/-
Last Answer : A = P + Interest = 25500 + 8440.5 = 33940.5 A = P + 1 + (R/100)^3 33940.5 = 25500 a + R/100)^3 a + R/100)^3 = 33940.5 / 25500 a + R/100)^3 = 1.331 a + R/100)^3 = ... R = 10% Simple Interest = Principle Rate Time / 100 = 25500 10 3/100 = 7650 Answer: e)
Description : Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is?
Last Answer : Total actual CP = Rs. (1000*10+4000)=Rs. 14000 Total Sp = Rs.(5* 1500+5*1100) =Rs. 13000 Loss= cp-sp=1000 Loss %= (1000/14000)*100 = 7.14%
Description : Arun and Bharat started a business with investments of Rs.10000 and Rs.15000 respectively. Arun being a working partner gets Rs.100 every month as salary from the profit. At the end of one year the business makes a ... the total share of Arun out o this amount (in Rs.) a)2880 b)2640 c)3240 d)2760
Last Answer : b)2640
Description : If the compound interest accrued on an amount of Rs.15,000/- in two years is Rs.2,496/-.What is the rate of interest p.c.p.a.? a) 8 b) 12 c) 7.5 d) Cannot be determined e) None of these
Last Answer : Let the rate of interest p.c.p.a. be x. 2496 =15000 * x /100 x = 16.64 16.64 is the rate of interest compounded for two year & for one year = 8% 8% C.I. table for two year. I year = 8% II year = 8.64 Total =16.64% Answer: a)
Description : The monthly incomes of two persons are in the ratio 5 : 4 and their monthly expenditures are in the ratio 9 : 7. If each person saves Rs. 500 per month, then what are their monthly incomes? a) Rs 8000 and Rs ... Rs 3750 and Rs 3000 c) Rs 5000 and Rs 4000 d) Rs 4500 and Rs 4000 e) None of the above
Last Answer : Let the incomes of two persons be 5x and 4x let the expenditures of them be 9y and 7y Each person saves Rs. 500 Therefore, 5x - 9y = 500 4x - 7y = 500 Solving the above equations, 20x - 36y = 2000 20x - ... = 500 + 9(500) = 5000 X = 1000 Hence, their salaries are Rs. 5000 and Rs. 4000 Answer: c)
Description : Saina spent Rs. 44,668/- on her air tickets, Rs.56,732 on buying gifts to the family members and the remaining 22% of the total amount she had as cash with her. What was the total amount ? a) Rs. 1,25,800/- b) Rs. 1,30,000/- c) Rs. 1,10,500/- d) Rs. 1,68,300/- e) Rs. 1,50,000/-
Last Answer : Saving = 22% Spent = a00 - 22) = 78% Spending money = 44668 + 56732 = 101400 78%- 101400 100% = 101400 100/78 = 130000 Answer: b)
Description : Gokul purchases 10 goats at Rs. 1500 each. 1 goat died. He sold 2 goats at 5% loss, at what rate he should sale the remaining goat, so as to gain a Profit of 10 % on the total Cost?
Last Answer : Selling Price with Profit of 10 % of total cost = 1500*10*110/100 = 16500 Selling Price of 2 goat with 5% loss= 3000*95/100 = 2850 Difference = 16500-2850= 13650 So rate of the goats for selling to gain 10% profit on total = 13650/7 = Rs. 1950
Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900
Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)
Description : Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a ... 7 years, how much money did he borrow? a) 39,500 b) 42,500 c) 41,900 d) 43,000 e) None of these
Last Answer : Let the amount borrowed be Rs P Total amount of simple interest = (P×3×4)/100 + (p×2×8)/100 + (p×2×9)/100 = 19550 0.12P + 0.16P + 0.18P = 19550 0.46p= 19550 P = Rs. 42500 Answer: b)
Description : Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%
Last Answer : 4) 15%
Description : The cash difference between the selling price of an article at a profit of 8% and 4% is Rs 3 the ratio of the two selling price is A. 51 : 52 B. 27 : 26 C. 51 : 53 D. 52 : 55
Last Answer : Answer – B (27:26) Explanation – Let the C.P of the article be Rs. x Then required ratio = 108% of x / 104% of x = 108/104= 27:26
Description : A sum of money is divided among Suresh, Ganesh, Vignesh and Mahesh in the ratio of 3 : 4 : 9 : 10 respectively. If the share of Vignesh is Rs.2,580/-more than the share of Ganesh, then what is the total amount of money of Suresh ... ,985/- b) Rs. 6,487/- c) Rs. 6,708/- d) Rs. 7,156/- e) Rs. 8,457/-
Last Answer : According to the question, difference of ratio of Ganesh and Vignesh is 5 so, 1 ratio = 2580/5 = 516 Now, total ratio of Suresh + Mahesh = 13 So, total money = 13 × 516 = Rs. 6708 Answer: c)
Description : Francis and George started a business with investments of Rs.7000 and Rs.10000. After x months, Francis left. After two more months David joined the business with an investment of Rs.10000. If the annual profit is shared among David, ... which they stayed that year. a)5:5:12 b)1:1:3 c)1:1:4 d)1:1:2
Last Answer : a)5:5:12
Description : Ram and Shyam started a business with investments of Rs.40000 and Rs.60000. At the end of one year, out of the total Ram got Rs.2000 less profit than Shyam. Find the total profit (in Rs.) a)12000 b)10000 c)8000 d)16000
Last Answer : b)10000
Description : Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. The sum placed on simple interest is: a) Rs.4200 b) b)Rs.4250 c) Rs.5250 d) Rs.5200 e) Rs.4000
Last Answer : a C.I = 8000 * (1+(10/100))2 –8000 = 8000 *110/100 * 110/100 – 8000 = 9680 – 8000 = Rs.1680 Therefore, S.I = C.I / 2 = 1680 / 2=Rs. 840 840 = sum * 4 * 5 / 100 :. Sum = Rs.(840 * 100)/ (4 *5) = Rs.4200
Description : Nandu purchased a mobile phone and got a discount of 5% from dealer. he sold that mobile phone at a profit of 10% on his purchase price. What is the percentage profit on actual price of the mobile phone? 1. 2% 2. 3% 3. 4% 4. 4.5 %
Last Answer : 4. 4.5 %
Description : The rate of Simple Interest in UBI & BOI are in the ratio of 5:4. Mr.Naveen wants to deposit his total savings in two banks in such a way that he receive equal half-yearly interest from both banks.He should deposit in both banks UBI & BOI in the ratio of a) 2:5 b) 1:5 c) 4:5 d) 3:5 e) None of these
Last Answer : R1 =5x R2=4x T1=T2=1/2 yr [P1*5x*(1/2)]/100 = [P2*4x*(1/2)]/100 P1:P2 = 4:5 Answer: c)
Description : Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001
Last Answer : b)900
Description : A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then Rs. 64 more would have been obtained. What is the sum? (a) Rs.600 (b) Rs.700 (c) Rs.800 (d) Rs.900
Last Answer : (c) Rs.800
Description : Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these
Last Answer : (a) Rs. 75,000/-
Description : 12833 + 133 % of 1655 -7/5 of 3533 (1)9000 (2)10000 (3)10500 (4)11000 (5) 9500
Last Answer : 2)10000
Description : Mr. Sachin spent 20% of his monthly income on food and 15% on children's education. 40% of the remaining he spent on entertainment and transport together and 30% on the medical. He is left with an amount of Rs.8, 775/- after ... 000/- b) Rs.46,000/- c) Rs.36, 000/- d) Rs.29,000/- e) None of these
Last Answer : Let the total income of Mr.Sachin be 100 According to question, 100 – 20 –15 = 65 × 60/100 × 70/100 = 27.3. 27.3 = 100 8775 = 100/27.3 × 8775 = Rs. 32142. Answer: e)
Description : An amount becomes 160% of itself in 5 years through simple interest. At the same rate of interest, how long will it take for the amount to more than double itself if we use compound interest? a) 7 b) 8 c) 9 d) 10 e) cannot be determined
Last Answer : Answer: a)
Description : Ganesha, Harish and Raghu started a business with investments of Rs.15000, Rs.18000 and Rs.21000. At the end of the one year, they earned a total profit of Rs.5400. Find the respective shares of Ganesh, Harish ... profit (in Rs.) a)1500,1800,2100 b)1360,1800,2240 c)1750,2100,2450 d)1890,2100,2310
Last Answer : a)1500,1800,2100
Description : Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8
Last Answer : Answer – B (Rs 7.60) Explanation – Total profit required = Rs.(42 x 18) = Rs.756 Profit on 22 sarees = Rs. (460 + 144) = Rs. 604 Profit on 20 sarees = Rs. (756 – 604) = Rs. 152 Average profit on these sarees = Rs.(152/20) = Rs. 7.60
Description : In a business P and R invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by P and Q was 3 : 2 . If Rs. 2,236 was their profit, how much amount did Q receive ? A.Rs.650 B.Rs.688 c.Rs.588 D.Rs.490
Last Answer : Answer- B(Rs.688 ) Solution : P : Q = 3 : 2 , P : R = 2 : 1 [given] Q : P = 2 : 3 [reverse], Q : P = 4 : 6 [multiply by 2] Now, P : R = 2 : 1 P : R = 6 : 3 [multiply by 3] P : Q =6 : 4 [after x3] , So Q : P : R = 4 : 6 : 3 or, P : Q : R = 6 : 4 : 3 Q’s share= 4/13 x 2236=Rs.688
Description : The annual payment of Rs. 200 in 5 yr at 5% per annum simple interest will discharge a debt of? (a) Rs. 950 (b) Rs. 800 (c) Rs. 1000 (d) Rs. 1250 (e) None of the above
Last Answer : e) None of the above
Description : A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?
Last Answer : Money spent by usha = Rs.2,50,000 Money received by usha = 110% of Rs.2,50,000 = 2,75,000 Cost price to usha = 96% of Rs.2,75.000 = Rs.2,64,000 Therefore usha gains Rs(2,75,000 – 2,64,000) = Rs.11000
Description : A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%
Last Answer : d)56 1/4%
Description : Durga invested Rs X for 5 months and Y for remaining time. Moushsree invested Rs Y for 9.months and X for the remaining time. At the end of the year profits are in the ratio 4:5. Then find what % of X is Y? A) 6.2 % B) 7.69% C) 5.25% D) 3.2%
Last Answer : Answer: B) Durga investment =5X+7Y Moushsree investment =9Y+3X (5X+7Y)/(9Y+3X)=4/5 X/Y=1/13 *100=7.69%
Description : The difference between the cost price and sale price of an article is Rs. 500 if the profit is 20%. The selling price is: A. Rs 4000 B. Rs 1500 C. Rs 3000 D. Rs 3300
Last Answer : Answer – C. Rs.3000 Explanation – 120%-100%=20% 20%…………………500 120%…………….? ?=3000
Description : A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%
Last Answer : b)25%