200950 + Mcqs in General McqOptions

1.	Albert buys 4 horses and 9 cows for Rs. 13400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is -
A.	Rs. 1000
B.	Rs. 2000
C.	Rs. 2500
D.	Rs. 3000
Answer» E.

Discussion

2.	I purchased 120 exercise books at the rate of Rs. 3 each and sold 1/3 of them at the rate of Rs. 4 each, 1/2 of them at the rate of Rs. 5 each and the rest at the cost price. My profit percent is -
A.	44%
B.	442/3%
C.	444/9%
D.	45%
Answer» B. 442/3%

Discussion

3.	A watch is sold at a profit of 20% . If both the cost price and the selling price of the watch are decreased by Rs. 100, the profit would be 5% more. Original cost price of the watch is -
A.	Rs. 450
B.	Rs. 500
C.	Rs. 550
D.	Rs. 600
Answer» E.

Discussion

4.	A shopkeeper sells an article at 121/2% loss. If he sells it for Rs. 92.50 more then he gains 6% . What is the cost price of the article ?
A.	Rs. 500
B.	Rs. 510
C.	Rs. 575
D.	Rs. 600
Answer» B. Rs. 510

Discussion

5.	On selling an article for Rs. 651, there is a loss of 7% . The cost price of that article is = ?
A.	Rs. 744
B.	Rs. 751
C.	Rs. 793
D.	Rs. 700
Answer» E.

Discussion

6.	A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained 183/4% . The cost price of the book is -
A.	Rs. 130
B.	Rs. 140
C.	Rs. 150
D.	Rs. 160
Answer» B. Rs. 140

Discussion

7.	An increase of Rs. 3 in the selling price of an article turns a loss of 71/2% . The cost price in Rs. of the article is -
A.	10
B.	15
C.	20
D.	25
Answer» E.

Discussion

8.	Raghavan purchase a scooter at 13/15 of its selling price and sold it at 12% more than its selling price. His gain is -
A.	20%
B.	293/13%
C.	30%
D.	381/13%
Answer» E.

Discussion

9.	By selling an article at 2/3 of the marked price, there is a loss of 10% . The profit percent, when the article is sold at the marked price, is -
A.	20%
B.	30%
C.	35%
D.	40%
Answer» B. 30%

Discussion

10.	An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20% , then the profit percent made by the second is -
A.	5
B.	10
C.	12
D.	15
Answer» B. 10

Discussion

11.	A publisher printed 2000 copies of a book at a cost of Rs. 70000. He distributes 400 copies free as specimen copies. He ave 30% discount on marked price of each book which is Rs. 75. What is his gain or loss percent age = ?
A.	20% gain
B.	20% loss
C.	10% loss
D.	10% gain
Answer» B. 20% loss

Discussion

12.	A fruit seller professes to sell his fruits at cost price, but still gains 25% on his outlay. What weight does he substitute for a kilogram ?
A.	800 gm
B.	850 gm
C.	890 gm
D.	900 gm
Answer» B. 850 gm

Discussion

13.	Left pan of a faculty balance weighs 100 gms more than its right pan. A shopkeeper keeps the weight measure in the left pan while buying goods but keeps it in the right pan while selling his goods. He uses only 1 kg weight measure. If he sells his goods at the listed cost price, what is his gain ?
A.	100/11%
B.	200/11%
C.	100/9%
D.	200/9%
Answer» B. 200/11%

Discussion

14.	A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights. His total gain is -
A.	10%
B.	11%
C.	20%
D.	21%
Answer» E.

Discussion

15.	Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg and 40 kg of wheat at the rate of Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.50 per kg. Her total profit or loss in the transaction was -
A.	Rs. 2 loss
B.	Rs. 2 profit
C.	Rs. 7 loss
D.	Rs. 7 profit
Answer» B. Rs. 2 profit

Discussion

16.	The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of seller bears = ?
A.	No loss No gain
B.	A loss of 5%
C.	A gain of 1%
D.	A loss of 1%
Answer» B. A loss of 5%

Discussion

17.	If loss is 1/3 of S.P., the loss percentage is -
A.	162/3%
B.	20%
C.	25%
D.	331/3%
Answer» B. 20%

Discussion

18.	If selling price of an article is 4/3 of its cost price, the profit in the transaction is -
A.	162/3 %
B.	201/2 %
C.	251/2 %
D.	331/3 %
Answer» B. 201/2 %

Discussion

19.	The owner of a furniture shop charges his customer 28% more than the cost price. If a customer paid Rs. 23680 for a dining table set, then what was the original price of the dining set ?
A.	Rs. 15700
B.	Rs. 16250
C.	Rs. 17500
D.	Rs. 18500
Answer» B. Rs. 16250

Discussion

20.	A trader sells an article and loses 121/2%. The ratio of cost price to the selling price is -
A.	7 : 8
B.	9 : 8
C.	8 : 7
D.	8 : 9
Answer» B. 9 : 8

Discussion

21.	If books bought at prices from Rs. 150 to Rs. 300 are sold at prices ranging from Rs. 250 to Rs. 350. What is the greatest possible profit that might be made in selling 15 books ?
A.	Cannot be determind
B.	Rs. 750
C.	Rs. 4250
D.	Rs. 3000
Answer» B. Rs. 750

Discussion

22.	A merchant marked cloth at Rs. 50/metre. He offers 2 successive discounts of 15% and 20%. The net price/metre is = ?
A.	Rs. 32.50
B.	Rs. 42.50
C.	Rs. 34.00
D.	Rs. 40.00
Answer» B. Rs. 42.50

Discussion

23.	If the cost price of 120 oranges is equal to selling price of 10 oranges, then the percentage of profit is = ?
A.	162/3%
B.	20%
C.	18%
D.	25%
Answer» B. 20%

Discussion

24.	A stockiest wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit?ni.tSell sugar at 10% profit.nii.tUse 900 g of weight instead of 1 kg.niii.tMix 10% impurities in sugar and selling sugar at cost price.niv.tIncrease the price by 5% and reduced weights by 5%.
A.	i or ii
B.	ii
C.	ii, ii and iv
D.	Profits are same
Answer» B. ii

Discussion

25.	Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is = ?
A.	Rs. 12500
B.	Rs. 137745.02
C.	Rs. 15200
D.	Rs. 108200
Answer» B. Rs. 137745.02

Discussion

26.	The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8% p.a. simple interest and in scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is Rs. 1320. How much amount was invested in scheme A?
A.	Rs. 1200
B.	Rs.1140
C.	Rs. 960
D.	Rs. 1500
Answer» B. Rs.1140

Discussion

27.	In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in rupees is = ?
A.	Rs. 2882
B.	Rs. 5000
C.	Rs. 3882
D.	Rs. 4000
Answer» B. Rs. 5000

Discussion

28.	Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200.
A.	Rs. 3800
B.	Rs. 3500
C.	Rs. 3600
D.	Rs. 3900
Answer» B. Rs. 3500

Discussion

29.	The simple interest on a certain sum of money at the years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is = ?
A.	7%
B.	8%
C.	9%
D.	10%
Answer» B. 8%

Discussion

30.	On a certain sum the simple interest for 12121212 year is 3434 of the sum. Then the rate of interest is = ?
A.	5% per year
B.	6% per year
C.	7% per year
D.	8% per year
Answer» B. 6% per year

Discussion

31.	If the simple interest on Rs. 1 for 1 month is 1 paisa, then the rate percent per annum will be = ?
A.	10%
B.	8%
C.	12%
D.	6%
Answer» B. 8%

Discussion

32.	A person invest money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 percent simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is
A.	2:3:4
B.	4:3:2
C.	3:4:6
D.	6:3:2
Answer» B. 4:3:2

Discussion

33.	Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at 6% simple interest per annum ?
A.	7 years
B.	3 years
C.	5 years
D.	4 years
Answer» B. 3 years

Discussion

34.	A money lender claims to lend money at the rate of 10% per annum simple interest. However, he takes the interest in advance when he lends a sum for one year. At what interest rate does he lend the money actually ?
A.	10%
B.	10191019 %10191019101910191019101910191911991019
C.	11%
D.	11191119 %11191119111911191119111911191911991119
Answer» B. 10191019 %10191019101910191019101910191911991019

Discussion

35.	A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years = ?
A.	14 years
B.	28 years
C.	21 years
D.	10 years
Answer» B. 28 years

Discussion

36.	An amount of Rs. 1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and second, 11% p.a. If the total interest at the end of one year is 934934 %, then the amount invested in each share was -
A.	Rs. 52, 500: Rs. 47, 500
B.	Rs. 562, 500; Rs. 37, 500
C.	Rs. 72, 500; Rs. 27, 500
D.	Rs. 82, 500; Rs. 17, 500
Answer» B. Rs. 562, 500; Rs. 37, 500

Discussion

37.	I had Rs. 10000 with me. Out of this money I lent some money to A for 2 years @ 15% simple interest. I lent the remaining money to B for an equal number of years @18% simple interest. After 2 years, I found that A had given me Rs. 360 more as interest as compared to B. The amount of money which I had lent to B must have been.
A.	Rs. 2000
B.	Rs. 3000
C.	Rs. 4000
D.	Rs. 5000
Answer» B. Rs. 3000

Discussion

38.	Vishwas borrowed a total amount of Rs. 30000, part of it on simple interest rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 year she paid in all Rs. 36840 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a ?
A.	Rs. 12000
B.	Rs. 16000
C.	Rs. 17500
D.	Rs. 18000
Answer» B. Rs. 16000

Discussion

39.	Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13th January, 1987 and return the amount on 8th June, 1987 to clear his debt. Then the amount paid by Tushar to the money - lender to clear his debt was = ?
A.	Rs. 15000
B.	Rs. 11394
C.	Rs. 12720
D.	Rs. 13650
Answer» B. Rs. 11394

Discussion

40.	A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charges a simple interest at the rate of 12% per year. The total amount he pays for TV is = ?
A.	Rs. 18200
B.	Rs. 17200
C.	Rs. 17800
D.	Rs. 16800
Answer» B. Rs. 17200

Discussion

41.	A boy aged 12 years is left with Rs. 100000 which is under a trust. The trustees invest the money at 6% per annum and pay the minor boy a sum of Rs. 2500, for his pocket money at the end of each year. The expenses of trust come out to be Rs. 500 per annum. Find the amount that will be handed over to the minor boy after he attains the age of 18 years ?
A.	Rs. 125000
B.	Rs. 118000
C.	Rs. 150000
D.	Rs. 120000
Answer» B. Rs. 118000

Discussion

42.	A sum was put at simple interest at a certain rate for 3 years. Had it been put at 1% higher rate, it would have fetched Rs. 5100 more. The sum is
A.	Rs. 1, 20, 000
B.	Rs. 1, 25, 000
C.	Rs. 1, 50, 000
D.	Rs.1, 70, 000
Answer» B. Rs. 1, 25, 000

Discussion

43.	The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?
A.	Rs. 5000
B.	Rs. 35500
C.	Rs. 7300
D.	Rs. 3650
Answer» B. Rs. 35500

Discussion

44.	The amount Rs. 2100 become Rs. 2352 in 2 years at simple interest. If the interest rate is decreased by 1% , what is the new interest ?
A.	Rs. 210
B.	Rs. 220
C.	Rs. 242
D.	Rs. 252
Answer» B. Rs. 220

Discussion

45.	A sum of Rs. 7930 is divided into 3 parts and given at loan at 5% simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of = ?
A.	Rs. 2800
B.	Rs. 3050
C.	Rs. 2750
D.	Rs. 2760
Answer» B. Rs. 3050

Discussion

46.	A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
A.	Rs. 400
B.	Rs. 500
C.	Rs. 700
D.	Rs. 800
Answer» B. Rs. 500

Discussion

47.	Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. The sum and the time for which the sums of money are lent out are.
A.	Rs. 2000, 3.5 years × 4 years
B.	Rs. 1500, 3.5 years × 4 years
C.	Rs. 2000, 4 years × 5.5 years
D.	Rs. 3000, 4 years × 4.5 years
Answer» B. Rs. 1500, 3.5 years × 4 years

Discussion

48.	Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amounts in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is Rs. 1350 then the sum deposited in each case is = ?
A.	Rs. 3000
B.	Rs. 4000
C.	Rs. 6500
D.	Rs. 5000
Answer» B. Rs. 4000

Discussion

49.	If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?
A.	x2 = xy
B.	xyz = 1
C.	x2 = yz
D.	y2 = zx
Answer» B. xyz = 1

Discussion

50.	A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is :
A.	Rs. 700
B.	Rs. 1500
C.	Rs. 4000
D.	Rs. 6500
Answer» B. Rs. 1500

Discussion

Explore topic-wise MCQs in Testing Subject.

Albert buys 4 horses and 9 cows for Rs. 13400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is -

I purchased 120 exercise books at the rate of Rs. 3 each and sold 1/3 of them at the rate of Rs. 4 each, 1/2 of them at the rate of Rs. 5 each and the rest at the cost price. My profit percent is -

A watch is sold at a profit of 20% . If both the cost price and the selling price of the watch are decreased by Rs. 100, the profit would be 5% more. Original cost price of the watch is -

A shopkeeper sells an article at 121/2% loss. If he sells it for Rs. 92.50 more then he gains 6% . What is the cost price of the article ?

On selling an article for Rs. 651, there is a loss of 7% . The cost price of that article is = ?

A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained 183/4% . The cost price of the book is -

An increase of Rs. 3 in the selling price of an article turns a loss of 71/2% . The cost price in Rs. of the article is -

Raghavan purchase a scooter at 13/15 of its selling price and sold it at 12% more than its selling price. His gain is -

By selling an article at 2/3 of the marked price, there is a loss of 10% . The profit percent, when the article is sold at the marked price, is -

An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20% , then the profit percent made by the second is -

A publisher printed 2000 copies of a book at a cost of Rs. 70000. He distributes 400 copies free as specimen copies. He ave 30% discount on marked price of each book which is Rs. 75. What is his gain or loss percent age = ?

A fruit seller professes to sell his fruits at cost price, but still gains 25% on his outlay. What weight does he substitute for a kilogram ?

Left pan of a faculty balance weighs 100 gms more than its right pan. A shopkeeper keeps the weight measure in the left pan while buying goods but keeps it in the right pan while selling his goods. He uses only 1 kg weight measure. If he sells his goods at the listed cost price, what is his gain ?

A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights. His total gain is -

Nikita bought 30 kg of wheat at the rate of Rs. 9.50 per kg and 40 kg of wheat at the rate of Rs. 8.50 per kg and mixed them. She sold the mixture at the rate of Rs. 8.50 per kg. Her total profit or loss in the transaction was -

The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of seller bears = ?

If loss is 1/3 of S.P., the loss percentage is -

If selling price of an article is 4/3 of its cost price, the profit in the transaction is -

The owner of a furniture shop charges his customer 28% more than the cost price. If a customer paid Rs. 23680 for a dining table set, then what was the original price of the dining set ?

A trader sells an article and loses 121/2%. The ratio of cost price to the selling price is -

If books bought at prices from Rs. 150 to Rs. 300 are sold at prices ranging from Rs. 250 to Rs. 350. What is the greatest possible profit that might be made in selling 15 books ?

A merchant marked cloth at Rs. 50/metre. He offers 2 successive discounts of 15% and 20%. The net price/metre is = ?

If the cost price of 120 oranges is equal to selling price of 10 oranges, then the percentage of profit is = ?

Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is = ?

In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in rupees is = ?

Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200.

The simple interest on a certain sum of money at the years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is = ?

On a certain sum the simple interest for 12121212 year is 3434 of the sum. Then the rate of interest is = ?

If the simple interest on Rs. 1 for 1 month is 1 paisa, then the rate percent per annum will be = ?

A person invest money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 percent simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is

Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at 6% simple interest per annum ?

A money lender claims to lend money at the rate of 10% per annum simple interest. However, he takes the interest in advance when he lends a sum for one year. At what interest rate does he lend the money actually ?

A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years = ?

An amount of Rs. 1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and second, 11% p.a. If the total interest at the end of one year is 934934 %, then the amount invested in each share was -

Vishwas borrowed a total amount of Rs. 30000, part of it on simple interest rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 year she paid in all Rs. 36840 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a ?

Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13th January, 1987 and return the amount on 8th June, 1987 to clear his debt. Then the amount paid by Tushar to the money - lender to clear his debt was = ?

A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he is charges a simple interest at the rate of 12% per year. The total amount he pays for TV is = ?

A sum was put at simple interest at a certain rate for 3 years. Had it been put at 1% higher rate, it would have fetched Rs. 5100 more. The sum is

The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?

The amount Rs. 2100 become Rs. 2352 in 2 years at simple interest. If the interest rate is decreased by 1% , what is the new interest ?

A sum of Rs. 7930 is divided into 3 parts and given at loan at 5% simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of = ?

Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. The sum and the time for which the sums of money are lent out are.

If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?

A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is :