**Q1. 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

**Q3. 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

**Q4. 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

**Q5. A sum when invested for a year at 20% compounding annually would fetch Rs. 10 less when compounding is done half-yearly. Find the sum invested.**

(a) Rs. 850

(b) Rs. 950

(c) Rs. 1000

(d) Rs. 1100

(e) Rs. 1050

**Q6.When an article was sold at 3/5 th of the marked price, the loss percentage was 10%. The article should be sold at what fraction of marked price to earn 10% profit?**

(a) 3/7

(b) 11/15

(c) 7/9

(d) 13/19

(e) 4/5

**Q7. A shopkeeper marked up the price of a bag by 20% while gave two discounts of 10% and d%. If he has allowed only first discount then he would have gained Rs 27 more. Find CP if he gained Rs 13 in whole transaction. **

(a) Cannot be determined

(b) Rs 540

(c) Rs 600

(d) Rs 500

(e) None of these

**Q8. Chandu invested Rs 1500 in a scheme offering 10% SI. After 2 years he invested a part of amount he received again in the same scheme for 3 years from which he received Rs 300. Find the amount he did not invest again. **

(a) Rs. 850

(b) Rs. 1000

(c) Rs. 950

(d) Rs. 800

(e) Rs. 1050

**Q9. A man invested Rs.P in three different schemes – A, B and C in the ratio 2 : 1 : 3 respectively. He invested in scheme A at the rate of 10% p.a. at SI for 2 years, in scheme B at the rate of 5% p.a at C.I compounded annually for 2 years and in scheme C at the rate of 6% p.a at CI compounded half yearly for 1 year and received total interest of Rs. 6852. Find the value of P.**

(a) Rs.60000

(b) Rs.72000

(c) Rs.48000

(d) Rs.120000

(e) can’t be determined.

**Q10. A and B started a business with some amount. After 9 months B left the business & C joins the business with Rs. 12,000 and remains in business till the end of year. At the end of the year, profit share of A, B and C is Rs. 48, Rs. 48 and Rs. 24 respectively. Find the sum of the amount (in Rs.) invested by A and B together in the business? **

(a) 8,000

(b) 10,000

(c) 15,000

(d) 12,000

(e) 14,000

**Q11. 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%

**Q12. CP of 10 article is equal to SP of 8 article. What percent of discount is given if MRP is 100% more than CP? **

(a) 20%

(b) 37.5%

(c) 33.33%

(d) 25%

(e) none of these

**Q13. 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

**Q14. Rohan sells his cycle to Mohan at 20% profit and Mohan spends Rs 400 on the repairing of cycle after that he sold it to Tina at 12.5% profit. If the cost price of cycle for Tina is Rs 4500, then find the cost price of cycle for Rohan? **

(a) Rs 2500

(b) Rs 3500

(c) Rs 3000

(d) Rs 4200

(e) Rs 4000

**Q15. 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

**Solutions**