Test on Percentages

Mahesh Karanam
Quiz by Mahesh Karanam, updated more than 1 year ago
Mahesh Karanam
Created by Mahesh Karanam over 5 years ago
82
1

Description

PERCENTAGES CONCEPT. Solely by mastering this concept, you can solve nearly all Compound and Simple Interest, Profit and loss,Data Interpretation problems very easily. Remember few things before starting this topic. For Profit And Loss Problems SELLING PRICE = (100+Profit )% of COST PRICE = (100-Loss) % of COST PRICE = DISCOUNT % of MARKED PRICE

Resource summary

Question 1

Question
What is the selling price of a car? If the cost of the car is Rs.60 and a profit of 10% over selling price is earned
Answer
  • 66
  • 67
  • 69

Question 2

Question
If on an item a company gives 25% discount, they earn 25% profit. If they now give 10% discount then what is the profit percentage.
Answer
  • 30%
  • 35%
  • 40%

Question 3

Question
In simple interest what sum amounts of Rs.1120/- in 4 years and Rs.1200/- in 5 years ?
Answer
  • 600
  • 700
  • 800

Question 4

Question
If a sum of money compound annually amounts of thrice itself in 3 years. In how many years will it become 9 times itself.
Answer
  • 3
  • 6
  • 9

Question 5

Question
A simple interest amount of rs 5000 for six month is rs 200. what is the anual rate of interest?
Answer
  • 4%
  • 6%
  • 8%
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