Orange bought at rs 10 for 12 are sold at rs 12 for 10 what is profit loss percentage 42% 43% 44 50

CAT exam has historically tested Percentages, Profit and Loss and Simple Interest and Compound interest in every edition of the exam. With every passing year, CAT exam has increased the importance of Arithmetic Questions from topics such as Percentages, Profit and Loss, and Simple Interest and Compound interest. CAT exam has started featuring questions that are a combination of multiple ideas in arithmetic. CAT exam will usually contain 4-5 questions from these topics. 2IIMs CAT questions provides enough questions learn, practice and apply the ideas learnt. Make use of 2IIMs Free CAT Questions, provided with detailed solutions and Video explanations to obtain a wonderful CAT score. If you would like to take these questions as a Quiz, head on here to take these questions in a test format, absolutely free.

1. A merchant can buy goods at the rate of Rs. 20 per good. The particular good is part of an overall collection and the value is linked to the number of items that are already on the market. So, the merchant sells the first good for Rs. 2, second one for Rs. 4, third for Rs. 6…and so on. If he wants to make an overall profit of at least 40%, what is the minimum number of goods he should sell?

   Choice C
   27

2. P is x% more than Q. Q is (x - 10)% less than R. If P > R, what is the range of values x can take?

   1. 10% to 28%
   2. 10% to 25%
   3. 10% to 37%
   4. 10% to 43%

   Choice C
   10% to 37%

3. An alloy of copper and aluminum has 40% copper. An alloy of Copper and Zinc has Copper and Zinc in the ratio 2: 7. These two alloys are mixed in such a way that in the overall alloy, there is more aluminum than Zinc, and copper constitutes x% of this alloy. What is the range of values x can take?

   1. 30% ≤ x ≤ 40%
   2. 32.5% ≤ x ≤ 42%
   3. 33.33% ≤ x ≤ 40%
   4. 32.25% ≤ x ≤ 40%

   Choice D
   32.25% ≤ x ≤ 40%

4. A earns 25% more than B. C earns 25% more than A. A earns 20% more than D. E earns 20% more than A. A, B, C, D, and E earn integer amounts less than Rs. 100. What is the total amount earned by all five of them put together?

5. A is x% more than B and is x% of sum of A and B. What is the value of x?

   Choice B
   62%

6. A, B, C and D share a loot. A gets a% of the total. B gets b% of the remaining (after A has taken his share). C gets c% of the remaining and D gets the rest. D gets a% less than what A gets, B and C get equal amounts. b = 2a. 1. What percentage of what A got did C get?

   2. If the total amount is equal to Rs. 1000, what is the difference between what A got and what D got?

   1. 160% , A got Rs.40 more than D
   2. 80% , A got Rs.20 more than D
   3. 175% , A got Rs.50 more than D
   4. 150% , A got Rs.35 more than D

   Choice A
   160% , A got Rs.40 more than D

7. A is x% less than B, A is y% less than C. C is k% more than B. Express k in terms of x and y.

   1. \\frac{(y - x)100}{100 - y}\\)
   2. \\frac{(y + x)100}{100 - y}\\)
   3. \\frac{(y - x)100}{100 - x}\\)
   4. \\frac{(y - x)100}{100 + y}\\)

8. In a class, if 50% of the boys were girls, then there would be 50% more girls than boys. What percentage of the overall class is girls?

   Choice D
   20%

9. Class B has 50% more students than class A. Number of girls in class A is equal to number of boys in class B. The percentage of girls is the same in both classes. What percentage of the student group are boys?

   Choice B
   40%

10. Traders A and B buy two goods for Rs. 1000 and Rs. 2000 respectively. Trader A marks his goods up by x%, while trader B marks his goods up by 2x% and offers a discount of x%. If both make the same non-zero profit, find x.

    Choice A
    25%

11. a is x % of b, b is x% more than a. Find x.

    Choice B
    62%

12. A two digit number ab is 60% of x. The two-digit number formed by reversing the digits of ab is 60% more than x. Find x.

    Choice A
    45

13. A merchant buys 80 articles, each at Rs. 40. He sells n of them at a profit of n% and the remaining at a profit of (100 – n)%. What is the minimum profit the merchant could have made on this trade?

14. A is x % more than B. B is y % less than C. If A, B and C are positive and A is greater than C, find the relation between x and y.

    1. y (100 - x) < 100x
    2. y (100 - x) > 100x
    3. y (100 + x) < 100x
    4. y (100 + x) > 100x

    Choice C
    y (100 + x) < 100x

15. Krishna borrows Rs. 45K from a bank at 10% compound interet. He repays it in three annual installments that are in arithmetic progression. He ends up paying 54K totally. How much did he pay in year 1?

16. On a certain sum of money, compound interest earned at the end of three years = Rs. 1456. Compound interest at the end of two years is Rs. 880. Compute the principal invested.

17. Ram deposits Rs. P with a bank at r% compound interest and sees it reach Rs.16P in 20 years. If he had invested the same amount at r% simple interest for 20 years, what would be the amount?

    1. Between Rs. 2P and 2.5P
    2. Between Rs. 2.5P and 3P
    3. Between 3P and 3.5P
    4. Between 3.5P and 4P

    Choice D
    Between 3.5P and 4P

18. Ram earns an interest of 600 over two years on a simple interest basis. On a compound interest basis, at the same interest rate, he would earn Rs. 630. What is the rate of interest?

    Choice D
    10%

19. Ram sells onions in the streets of Chandni Chowk. Due to recent shortfall in the supply of onions, he doubles his selling price despite the cost price remains same for him due to a fixed price contract. He realizes that his profit have tripled. Find the original profit percent.

    1. 200/3%
    2. 100%
    3. 120%
    4. 105∗1/3%

    Choice B
    100%

20. Given below is a question followed by three statements. Study the statements and decide which of the statement(s) is/are necessary to answer the question. What was the discount percentage given? I) On selling the table, for Rs 12650, 26.5 %, Profit was earned. II) If there had been no discount, 30% would have been earned as profit.

    III) The Cost price of the table was Rs 10000

    1. Only I and II
    2. Only II and III
    3. Only I and III
    4. Any two of the above
    5. None of these

    Choice A
    Only I and II

21. In a practice paper at 2iim.com, questions were given from 5 topics. Out of the appearing students, 10% passed in all topics while 10% did not pass in any. Of the remaining, 20% passed in one topic only and 25% in two topics only. If 24% of the total students passed 4 topics only and 500 students passed in 3 topics only, find the total number of students who appeared in the examination?

    Choice A
    2500

22. Tensile strength of a material A is a multiple of amount of materials a, b, c, d used. If the amount of material of a, b, c, d are changed by +30%, -30%, -25%, +25% respectively, what will be the overall change in tensile strength of A?

    1. No Change
    2. +14.68%
    3. –14.68%
    4. Depends on the initial amount of a, b, c, d

    Choice C
    –14.68%

23. A bucket has ‘a’ number of small and large balls out of which b% are black. Of the small balls, c% are black and of large balls, d% are black. Find the number of small balls in the bucket.

    1. a * \\frac{(b - d)}{c + b - d}\\)
    2. a * \\frac{(b - d)}{c + b - 2d}\\)
    3. a * \\frac{(c - b)}{b - d}\\)
    4. a * \\frac{(b - d)}{c - d}\\)

    Choice D
    a * \\frac{(b - d)}{c - d}\\)

24. A moneylender takes advantage of difficult situation of poor people and charges 50% interest. However he never gets caught because he gives 20% of his total capital (initial capital + profit) as bribe. If in the beginning of 4th year, he has a capital of Rs 25,000 to invest, how much bribe did he give at the end of the second year?

    1. Rs 4,900
    2. Rs 5,200
    3. Rs 5,000
    4. Rs 6,000

    Choice B
    Rs 5,200

25. In an examination, 35% of students failed in quants and 42% of students failed in verbal while 14% failed in both the topics. If 222 students passed in both the topics, how many students appeared to write the examination?

    Choice B
    600

26. A solid cube made of steel is melted and recast such that its length, breadth and height changes as +10%, +10%, -20%. What is the percentage change in surface area of this cube?

    Choice D
    -1%

27. In a local election, 2400 people were to vote for Party A or Party B. Party A was bound to win the election. However, on Election Day, one-third of the voters of Party A were kidnapped. Party B was also able to influence the remaining Party A voters and thus double the strength of its voters. In this way, Party A lost by a majority which was half of that by which it would have won had the elections been fair. How many people finally voted for Party A and Party B?

    1. 600(A), 1200(B)
    2. 300(A), 600(B)
    3. 450(A), 900(B)
    4. 600(A), 900(B)

    Choice A
    600(A), 1200(B)

28. Recently a band was to perform in India. However, there was widespread criticism of the high cost of its tickets so the organizers decided to offer the following discounts:
    
    The tickets were originally priced at Rs 25,000/ticket. Any additional tickets (above the lot sizes) were billed at the original price.A college group wants to buy 13 tickets, what is the minimum average ticket price they would need to pay (approx.)?

    1. 23,375
    2. 23,367
    3. 23,380
    4. 23,400

    Choice B
    23,367

29. Recently a band was to perform in India. However, there was widespread criticism of the high cost of its tickets so the organizers decided to offer the following discounts:
    
    The tickets were originally priced at Rs 25,000/ticket. Any additional tickets (above the lot sizes) were billed at the original price.A college group wants to buy 36 tickets, what would be the minimum price (approx) per ticket if the group wanted to buy 36 tickets?

    1. Rs.23,300
    2. Rs.23,250
    3. Rs.23,166.67
    4. Rs.23,500

    Choice C
    Rs.23,166.67

30. In an ice-cream factory, 30% of total Vanilla-flavored ice-cream produced is mixed with 40% of total Banana-flavored ice-cream produced, in a ratio of 1:1. Find the overall percentage of ice-cream produced which is mixed with each other. (Ice-creams of only these 2 flavors are produced in the factory)

    1. 17.14%
    2. 34.28%
    3. 35%
    4. More information required

    Choice B
    34.28%

31. Hari prepares a budget to visit London. However, he spends 12% of his budget on the first 10% days of his travel when he stays in the city. He knows that he has to spend another 35% of days in city itself, after which he would travel to the country side. What should be the minimum decrease in spending in country side as a percentage of his spending in city so as to complete his travel on the initial budget itself?

    Choice B
    30.3%

32. In a field, two workers are planting trees. After sometime, a third worker is added and the number of trees planted becomes half as large. How many trees can the second worker plant as a percentage of the number of trees planted by first worker if it is given that efficiency of second worker is 1/3 of 1st and 3rd worker combined.

    Choice B
    60%

33. A, B and C participated in a burger eating competition. A beat C by 18 burgers. A also beat B by eating 50% more burger than B. Also B had eaten 5 percentage points more burger than C. Find the overall number of burgers that were eaten.

    1. 90 burgers
    2. 81 burgers
    3. 72 burgers
    4. 100 burgers

    Choice A
    90 burgers

The Questions that follow, are from actual CAT papers. If you wish to take them separately or plan to solve actual CAT papers at a later point in time, It would be a good idea to stop here.

1. The total of male and female populations in a city increased by 25% from 1970 to 1980. During the same period, the male population increased by 40% while the female population increased by 20%. From 1980 to 1990, the female population increased by 25%. In 1990, if the female population is twice the male population, then the percentage increase in the total of male and female populations in the city from 1970 to 1990 is

2. In a tournament, a team has played 40 matches so far and won 30% of them. If they win 60% of the remaining matches, their overall win percentage will be 50%. Suppose they win 90% of the remaining matches, then the total number of matches won by the team in the tournament will be

3. A shop owner bought a total of 64 shirts from a wholesale market that came in two sizes, small and large. The price of a small shirt was INR 50 less than that of a large shirt. She paid a total of INR 5000 for the large shirts, and a total of INR 1800 for the small shirts. Then, the price of a large shirt and a small shirt together, in INR, is

4. Bank A offers 6% interest rate per annum compounded half yearly. Bank B and Bank C offer simple interest but the annual interest rate offered by Bank C is twice that of Bank B. Raju invests a certain amount in Bank B for a certain period and Rupa invests ₹ 10,000 in Bank C for twice that period. The interest that would accrue to Raju during that period is equal to the interest that would have accrued had he invested the same amount in Bank A for one year. The interest accrued, in INR, to Rupa is

5. A box has 450 balls, each either white or black, there being as many metallic white balls as metallic black balls. If 40% of the white balls and 50% of the black balls are metallic, then the number of non-metallic balls in the box is

6. Anil, Bobby and Chintu jointly invest in a business and agree to share the overall profit in proportion to their investments. Anil's share of investment is 70%. His share of profit decreases by ₹ 420 if the overall profit goes down from 18% to 15%. Chintu's share of profit increases by ₹ 80 if the overall profit goes up from 15% to 17%. The amount, in INR, invested by Bobby is

7. Raj invested ₹ 10000 in a fund. At the end of first year, he incurred a loss but his balance was more than ₹ 5000. This balance, when invested for another year, grew and the percentage of growth in the second year was five times the percentage of loss in the first year. If the gain of Raj from the initial investment over the two year period is 35%, then the percentage of loss in the first year is

8. Identical chocolate pieces are sold in boxes of two sizes, small and large. The large box is sold for twice the price of the small box. If the selling price per gram of chocolate in the large box is 12% less than that in the small box, then the percentage by which the weight of chocolate in the large box exceeds that in the small box is nearest to

9. Amal purchases some pens at ₹ 8 each. To sell these, he hires an employee at a fixed wage. He sells 100 of these pens at ₹ 12 each. If the remaining pens are sold at ₹ 11 each, then he makes a net profit of ₹ 300, while he makes a net loss of ₹ 300 if the remaining pens are sold at ₹ 9 each. The wage of the employee, in INR, is

10. Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹ 806.25 and ₹ 866.72, respectively, the interest accrued, in INR, during the fourth year is nearest to

    1. 931.72
    2. 926.84
    3. 929.48
    4. 934.65

11. In the final examination, Bishnu scored 52% and Asha scored 64%. The marks obtained by Bishnu is 23 less, and that by Asha is 34 more than the marks obtained by Ramesh. The marks obtained by Geeta, who scored 84%, is
    

    Choice A
    399

12. A man buys 35 kg of sugar and sets a marked price in order to make a 20% profit. He sells 5 kg at this price, and 15 kg at a 10% discount. Accidentally, 3 kg of sugar is wasted. He sells the remaining sugar by raising the marked price by p percent so as to make an overall profit of 15%. Then p is nearest to

    Choice D
    25

13. A person invested a certain amount of money at 10% annual interest, compounded half-yearly. After one and a half years, the interest and principal together became Rs 18522. The amount, in rupees, that the person had invested is

    16000
    

14. For the same principal amount, the compound interest for two years at 5% per annum exceeds the simple interest for three years at 3% per annum by Rs 1125. Then the principal amount in rupees is

    90000
    

15. Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at 20% discount on the labeled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs 2112, and makes a 10% profit. With no discounts, his percentage of profit would have been

    Choice B
    50

16. In May, John bought the same amount of rice and the same amount of wheat as he had bought in April, but spent 150 more due to price increase of rice and wheat by 20% and 12%, respectively. If John had spent 450 on rice in April, then how much did he spend on wheat in May?

    Choice C
    560

17. Veeru invested Rs 10000 at 5% simple annual interest, and exactly after two years, Joy invested Rs 8000 at 10% simple annual interest. How many years after Veeru’s investment, will their balances, i.e., principal plus accumulated interest, be equal?

    12
    

18. A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at 20% profit and the laptop at 10% loss. If overall he made a 2% profit then the purchase price, in rupees, of the desktop is

    20000
    

19. In a group of people, 28% of the members are young while the rest are old. If 65% of the members are literates, and 25% of the literates are young, then the percentage of old people among the illiterates is nearest to

    Choice C
    66

20. In 2010, a library contained a total of 11500 books in two categories - fiction and non-fiction. In 2015, the library contained a total of 12760 books in these two categories. During this period, there was 10% increase in the fiction category while there was 12% increase in the non-fiction category. How many fiction books were in the library in 2015?

    Choice A
    6600

21. In an examination, the score of A was 10% less than that of B, the score of B was 25% more than that of C, and the score of C was 20% less than that of D. If A scored 72, then the score of D was [TITA]

    80
    

22. Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

    Choice D
    4000

23. Amal invests Rs 12000 at 8% interest, compounded annually, and Rs 10000 at 6% interest, compounded semi-annually, both investments being for one year. Bimal invests his money at 7.5% simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is [TITA]

    20920
    

24. A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then (x -y) / p equals

    Choice A
    1

25. In a class, 60% of the students are girls and the rest are boys. There are 30 more girls than boys. If 68% of the students, including 30 boys,pass an examination, the percentage of the girls who do not pass is [TITA]

    20

26. Meena scores 40% in an examination and after review, even though her score is increased by 50%, she fails by 35 marks. If her post-review score is increased by 20%, she will have 7 marks more than the passing score. The percentage score needed for passing the examination is

    Choice D
    70

27. A person invested a total amount of Rs 15 lakh. A part of it was invested in a fixed deposit earning 6% annual interest, and the remaining amount was invested in two other deposits in the ratio 2 : 1, earning annual interest at the rates of 4% and 3%, respectively. If the total annual interest income is Rs 76000 then the amount (in Rs lakh) invested in the fixed deposit was [TITA]

    9
    

28. On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs. 7. If he sells the pen at 5% gain and the book at 10% gain, he gains Rs. 13. What is the cost price of the book in Rupees?

    Choice A
    80

29. The income of Amala is 20% more than that of Bimala and 20% less than that of Kamala. If Kamala's income goes down by 4% and Bimala's goes up by 10%, then the percentage by which Kamala's income would exceed Bimala's is nearest to

    Choice C
    31

30. Gopal borrows Rs. X from Ankit at 8% annual interest. He then adds Rs. Y of his own money and lends Rs. X+Y to Ishan at 10% annual interest. At the end of the year, after returning Ankit’s dues, the net interest retained by Gopal is the same as that accrued to Ankit. On the other hand, had Gopal lent Rs. X+2Y to Ishan at 10%, then the net interest retained by him would have increased by Rs. 150. If all interests are compounded annually, then find the value of X + Y. (TITA)

    Rs. 4000
    

31. John borrowed Rs. 2,10,000 from a bank at an interest rate of 10% per annum, compounded annually. The loan was repaid in two equal instalments, the first after one year and the second after another year. The first instalment was interest of one year plus part of the principal amount, while the second was the rest of the principal amount plus due interest thereon. Then each instalment, in Rs., is:[TITA]

    1,21,000
    

32. In an examination, the maximum possible score is N while the pass mark is 45% of N. A candidate obtains 36 marks, but falls short of the pass mark by 68%. Which one of the following is then correct?

33. Out of the shirts produced in a factory, 15% are defective, while 20% of the rest are sold in the domestic market. If the remaining 8840 shirts are left for export, then the number of shirts produced in the factory is

34. The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs 4290 for the table, then its manufacturing cost (in Rs) is

    Choice B
    2000

35. Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether?

    Choice A
    50

36. In a village, the production of food grains increased by 40% and the per capita production of food grains increased by 27% during a certain period. The percentage by which the population of the village increased during the same period is nearest to

    Choice C
    10

37. Arun's present age in years is 40% of Barun's. In another few years, Arun's age will be half of Barun's. By what percentage will Barun's age increase during this period? (TITA)

    20
    

38. Ravi invests 50% of his monthly savings in fixed deposits. Thirty percent of the rest of his savings is invested in stocks and the rest goes into Ravi's savings bank account. If the total amount deposited by him in the bank (for savings account and fixed deposits) is Rs 59500, then Ravi's total monthly savings (in Rs) is: (TITA)

    70000

39. If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

    1. Give a discount of 5% on retail price
    2. Give a discount of 2% on retail price
    3. Increase the retail price by 2%
    4. Sell at retail price

    Choice D
    Sell at retail price

40. The number of girls appearing for an admission test is twice the number of boys. If 30% of the girls and 45% of the boys get admission, the percentage of candidates who do not get admission is:

    Choice D
    65

41. In a market, the price of medium quality mangoes is half that of good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg medium quality mangoes from the market and then sells all these at a common price which is 10% less than the price at which he bought the good ones. His overall profit is:

    Choice B
    8%

42. If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes 20% profit. Ten of these toys are destroyed in fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

    Choice D
    28%

The Questions that follow, are from actual XAT papers. If you wish to take them separately or plan to solve actual XAT papers at a later point in time, It would be a good idea to stop here.

1. X, Y and Z start a web-based venture together. X invests Rs. 2.5 lakhs, Y invests Rs. 3.5 lakhs, and Z invests Rs. 4 lakhs. In the first year, the venture makes a profit of Rs. 2 lakhs. A part of the profit is shared between Y and Z in the ratio of 2:3, and the remaining profit is divided among X, Y and Z in the ratio of their initial investments.
   The amount that Z receives is four times the amount that X receives. How much amount does Y receive?

2. A, B, C, D and E are five employees working in a company. In two successive years, each of them got hikes in his salary as follows: A : p% and (p+1)%,B : (p+2)% and (p-1)%,C : (p+3)% and (p-2)%,D : (p+4)% and (p-3)%,E : (p+5)% and (p-4)%.

   If all of them have the same salary at the end of two years, who got the least hike in his salary?

   Choice A
   E

3. A firm pays its five clerks Rs. 15,000 each, three assistants Rs. 40,000 each and its accountant Rs. 66,000. Then the mean salary in the firm comprising of these nine employees exceeds its median salary by rupees

4. An article is marked x% above the cost price. A discount of 2/3 x% is given on the marked price. If the profit is 4% of the cost price and the value of x lies between 25 and 50, then the value of 50% of x is?

   Choice D
   15

5. A computer is sold either for Rs.19200 cash or for Rs.4800 cash down payment together with five equal monthly installments. If the rate of interest charged is 12% per annum, then the amount of each installment (nearest to a rupee) is:

6. The price of a product is P. A shopkeeper raises its price by X% and then offers a discount of Y% on the raised price. The discounted price again becomes P. If Y is the difference between X and Y, then find X.

The Questions that follow, are from actual IPMAT papers. If you wish to take them separately or plan to solve actual IPMAT papers at a later point in time, It would be a good idea to stop here.

1. Veena has to pay Rs. 2460 to Sita, 5 Months later at 6% SI per annum, and Gita has to pay Sita same amount at 7.5% SI per annum after certain months. If both took the same amount of loan from Sita then Gita paid loan after how many months?

2. If x% of y is equal to z then what percentage of z is x?

   1. \\frac{y^2}{100}\\)
   2. \\frac{x^2}{100}\\)
   3. \\frac{100^2}{y}\\)
   4. \\frac{100^2}{x}\\)

   Choice D
   \\frac{100^2}{x}\\)

3. One Trader calculates the percentage of profit on the buying price and another calculates on the selling price. When their selling prices are same, then the difference of their actual profit is Rs 85 and both claim to have made 20% profit. What is the selling price for each?

4. Due to increase of 20% in the price of eggs, 2 eggs less are available for Rs 24.The present rate of
   eggs per dozen is

5. Raj invested Rs 76000 in a business. After few months Monty joined him and invests Rs 57000. At the end of the year, both of them share the profits at the ratio of 2:1. After how many months Monty joined Raj?

   1. 4 Months
   2. 7 Months
   3. 8 Months
   4. 12 Months

   Choice A
   4 Months

6. Present sum of money amounts to Rs 800 in two years and to Rs 920 in three years, then the present sum of money is

   1. 420
   2. 690
   3. 560
   4. None of the options

   Choice C
   560

7. Bhavani invested an amount of Rs. 13900 divided in two different schemes, A and B at the simple interest rate of 14% per annum and 11% per annum respectively if the total amount of simple interest earned in two year be Rs. 3508, what was the amount invested in Scheme B?

   Choice A
   6400

8. Ashok started a business with a certain investment. After few months, Bharat joined him investing half amount of Ashok's initial investment. At the end of the first year, the total profit was divided between them in ratio 3:1 . Bharat joined Ashok after

   1. 2 months
   2. 3 months
   3. 4 months
   4. 6 months

   Choice C
   4 months

9. A shopkeeper reduces the price of a pen by 25% as a result of which the sales quantity increased by 20%. If the revenue made by the shopkeeper decreases by x% then x is

   10

10. If the compound interest earned on a certain sum for 2 years is twice the amount of simple interest for 2 years, then the rate of interest per annum is _______ percent

11. In a school 70% of the boys like cricket and 50% like football. If x% like both Cricket and Football, then