**Q1. An article when sold at 4/5 of its original selling price, gives a profit of 20%. Find the profit % when the same article is sold at its actual selling price.**

(a) 15 %

(b) 20 %

(c) 25%

(d) 22 %

(e) None of these

**Q2. An amount of Rs. 20000 when invested at R% simple interest for 2 years becomes Rs. 24000. What will it become in 3 years if invested at (R+2)%? (in Rs.)**

(a) 27200

(b) 26300

(c) 25200

(d) 27400

(e) 28100

**Q3. Karan purchased an article marked up by 50% at a discount of 20% but later he found that the article was having a defect so he decided to return it but the shopkeeper returned him only 90% of what he had paid. What is profit/loss (in %)of the shopkeeper in the whole transaction?**

(a) 8

(b) 10

(c) 12

(d) 15

(e) None of these

**Q4. A sum of Rs. x was invested at 10% simple interest for 3 years. If the same sum was invested at 4% more for same period, then it would have fetched Rs. 120 more. Find the value of 5x. (in Rs.)**

(a) 5000

(b) 4800

(c) 3600

(d) 5500

(e) 4000

**Q5. A sum of Rs. P was invested at 10% for 2 years at simple interest. If the same sum was invested at 20% for ‘x’ years, it would have fetched Rs. 200 more. Find ‘x’ if Px = 5000. (value of x is given in months)**

(a) 12

(b) 18

(c) 15

(d) Cannot be determined

(e) None of these

**Q6. A sum of Rs 1400 becomes Rs 2408 in 8 yrs at simple interest, then find the rate of interest for last 4 yrs,if the interest rate for 1st 4 yrs is 12% per annum ?**

(a) 8 %

(b) 10 %

(c) 6%

(d) 4 %

(e) None of these

**Q8. Rs. 12000 becomes Rs. 15000 in 18 months at a certain rate of interest at simple interest. Find amount if Rs. 5000 invested at same rate for 30 months at simple interest.**

(a) Rs. 7883.33

(b) Rs. 7083.33

(c) Rs. 7279.80

(d) Rs. 7173.33

(e) None of these

**Q9.The interest earned on an amount after 2 yrs at 10 % per annum compounded yearly is Rs 672. Find the interest earned on same amount after 4 yr at 14 % per annum at simple interest ?**

(a) Rs 1792

(b) Rs 1864

(c) Rs 1912

(d) Rs 1754

(e) Rs 1720

**Q10.If the shopkeeper marked the price of an item 60% above the cost price and then gives two successive discount 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%

**Q11. Johny calculates his profit at cost price while Jini at selling price. If cost price is same for all and everyone calculate their profit as 10%. Find ratio of selling price.**

(a) 100:111

(b) 10:11

(c) 10:101

(d) 99:100

(e) Cannot be determined

**Q12. An amount doubles in 5 years at simple interest. In what time will it become 12 times of itself at same rate? (in years)**

(a) 30

(b) 50

(c) 55

(d) 36

(e) None of these

**Q13.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

**Q14. 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

**Q15. Anu bought a purse at a discount of 20% which was marked at 30% higher than cost price. A customer gets 10% extra discount on purchase of more than two purse. If Anu purchased 3 such purses, find profit or loss percent of shopkeeper. **

(a) 4% loss

(b) 4% profit

(c) 6.4% profit

(d) 6.4% loss

(e) None of these

**Solutions**

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