Q1. Neha invested an amount of Rs.6400 at the rate of R% p.a. on compound interest. If she gets a total amount of Rs. 1700 as interest at the end of 2 years, then find R%?
(a) 12.50%
(b) 25%
(c) 20%
(d) 17.50%
(e) 10%
Q2. P and Q start a business jointly. P invests Rs. 21000 for 9 months and Q invest Rs. X for 3 months. If Q gets two-third of total profit, then find the amount invested by Q. (in Rupees.)
(a) 63000
(b) 84000
(c) 42000
(d) 123000
(e) 126000
Q3. The ratio of cost price and market price of an article is 24:27. If 10% discount is given for article, then find the profit percentage?
(a) 1.25%
(b) 1.75%
(c) 1.50%
(d) 2.50%
(e) 2.25%
Q4. P, Q, R together invested Rs. 100000 in a business. if P invested Rs. 8000 more than Q and Q invested Rs. 10000 more than R, then at the end of the year what will be share of P out of a total profit of Rs. 70,000?
(a) 30600 Rs.
(b) 28000 Rs.
(c) 27500 Rs.
(d) 29400 Rs.
(e) 30000 Rs.
Q6. What will be amount on Rs. 64000 in one and half years if it is invested at 15% p.a. compound interest, interest being compounded half-yearly?
(a) 85000 Rs.
(b) 82597 Rs
(c) 79507 Rs
(d) 77658 Rs
(e) 75987 Rs.
Q7. The simple interest on a capital is 49/400 of the capital. If both are numerically equal, then find the rate percent and time?
(a) 3.5%, 3.5 years
(b) 4.0%, 4.0 years
(c) 3.0%, 3.0 years
(d) 2.8%, 2.8 years
(e) 2.5%, 2.5 years
Q8. Mohan and Ravi started a business by investing Rs75000 and Rs45,000 respectively. After 8 Months Keshav Joined by investing Rs. X. If at the end of the year profit earned by Keshav is equal to average of profits earned by Mohan and Ravi together then find the value of X?
(a) 180000 Rs.
(b) 190000 Rs.
(c) 170000 Rs.
(d) 160000 Rs.
(e) 150000 Rs.
Q10. A book is marked 80% above cost price and sold at 40% discount, if difference between discount given and profit earned is Rs.460.8, then find M.R.P. of book?
(a) Rs.720
(b) Rs.1200
(c) Rs.1296
(d) Rs. 777.60
(e) Rs.1660
Solutions
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