**Q1. Shivam bought a stock of soaps worth Rs.80000. He sold 20% stock at profit of 12% and he sold 60% stock at 15% profit. If remaining stock of soap is damaged by fire, then find profit/loss of Shivam on the whole transaction.**

(a) Rs.3940 profit

(b) Rs.5620 loss

(c) Rs.2480 loss

(d) Rs.6880 loss

(e) Rs.1680 profit

**Q2. Aakash sells an article at a profit of 10%.Had he bought it for 5% less and sold it for 120 rs more then he would have gained 20% profit. What is the cost price of the article ?**

(a)Rs 2500

(b) Rs 4000

(c) Rs 3000

(d) Rs 3500

(e) Rs 2000

**Q3. Akshay buys an article and markup it 30 % above its cost price. At the time of sale, he gives 10% discount instead of 15% due to which he earns Rs. 13 more. Find cost price. **

(a) Rs. 230

(b) None of these

(c) Rs. 150

(d) Rs. 130

(e) Rs. 200

**Q4. If the shopkeeper marked the price of an item 60% above the cost price and then gives two successive discounts of 10% and 15% respectively, then find the profit percentage of the shopkeeper on selling the item? **

(a) 25.4%

(b) 22.4%

(c) 20%

(d) 28.5%

(e) 32%

**Q5. Man sold article A at 100% profit and article B at 20% profit. If selling price of article A and article B is same then find his overall profit percentage **

(a) 40%

(b) 50%

(c) 55%

(d) 60%

(e) 75%

**Q6. Aakash invested Rs 16800 on simple interest at r % p.a. for 3 yrs and received Rs 7560 as total interest. Find the interest amount received by Aakash if the same amount is invested on compound interest at (r+5)% rate of interest after 2 yrs?**

(a) Rs 7560

(b) Rs 7392

(c) Rs 7120

(d) Rs 7820

(e) Rs 7460

**Q7. A bank offers an interest of 10% per annum which is compounded half yearly. Krishan invests Rs.10000, what is the total amount he will earn after 2 years? (approximately) **

(a) Rs 14,641

(b) Rs 12,155

(c) Rs 11,011

(d)Rs 13,000

(e)Rs 13,310

**Q8. Jaddu & Ravi invested equal amount at 10% p.a. rate of interest on simple interest & compound interest. Interest received by Ravi after 2 years is same as interest received by Jaddu after some years. Find investment period of Jaddu.**

(a) 2.8 years

(b) None of these

(c) 2.4 years

(d) 2.1 years

(e) Cannot be determined

**Q9. What is the interest earned by a leader on 10000 Rupees for the period of 2 years at the rate of 12.5% S.I.**

(a) 2000 Rs.

(b) 2500 Rs.

(c) 3000 Rs.

(d) 3500 Rs.

(e) 1500 Rs.

**Q10. An amount of 4000 rs is invested at 20% per annum for 2 yrs at compound interest compounding half-yearly, then find the total interest amount received after 2 yrs ?**

(a) Rs 1856.4

(b) Rs 1812.4

(c) Rs 1882.4

(d) Rs 1912.4

(e) None of these

**Q11. A and B entered into a partnership with amount Rs 2500 and Rs 4500 respectively and C joined them after 5 months with amount Rs 2400 and if total profit at the end of the year is Rs 16800, then find the difference between profit amount earned by B and C ?(in Rs)**

(a) 6000

(b) 5800

(c) 5600

(d) 6200

(e) 6400

**Q12. Three partners A, B and C invested their amounts in ratio of 3 : 5 : 7. At the end of four months, A invests some amount such that, his total investment will be equal to C’s initial investment. If C’s share in profit is Rs 3150 then what will be total annual profit?**

(a) Rs 8150

(b) Rs 7950

(c) Rs 8000

(d) Rs 7500

(e) Rs 8900

**Q13. A invested 25000 and B invested 75000 in a business and Ratio of time in which they invest is 7: 4. If the difference between their profit is 500 Rs, then what is the total profit?**

(a) 1800

(b) 2000

(c) 1900

(d) 1700

(e) 2100

**Q14. Amit and Deepak started a business with initial investments in the ratio of 3:1 respectively. At the end of 8 months from start of the business, Amit left. If Deepak received Rs 8000 as his share of the annual profit, then find what was annual profit?**

(a) Rs 20000

(b) Rs 28000

(c) Rs 24000

(d) Rs 32000

(e) Rs 16000

**Q15. Arun, Bhavya & Ashu entered into a partnership, ratio of investment of Arun & Bhavya is 4 : x and ratio of investment of Bhavya & Ashu is 3 : 4. If at the end of two years Ashu receives Rs 1850 as profit out of total profit Rs 3700. Then find the value of x?**

(a) 12

(b) 14

(c) 16

(d) 8

(e) 10

**Solutions**