Question 1

Ramesh sold a statue for a price 25% higher than the original price of the statue. He hadhowever bought the statue at 20% discount on the original price. With the profit of Rs. 2025, findthe original price of the statue.

Accepted Answer

A)  rs. 6000
B)  rs. 7500
C)  rs. 3500
D)  rs. 4500 B

Question 2

A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains 20%, the cost price of the car for A was

Accepted Answer

A)  rs. 25000
B)  rs. 50000
C)  rs. 37500
D)  rs. 60000 D

Question 3

Ramesh's salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?

Accepted Answer

A)  0%
B)  10%
C)  1%
D)  5% C

Question 4

A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent is

Accepted Answer

A)  10%
B)  15%
C)  20%
D)  25%

Question 5

A's salary is 50% more than B's. How much percent is B's salary less than A's?

Accepted Answer

A)  33(1/4) %
B)  33(1/3) %
C)  33(1/2) %
D)  33%

Question 6

Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?

Accepted Answer

A)  loss = 4%
B)  loss = 16%
C)  profit = 16%
D)  profit = 4%

Question 7

Two bicycles were sold for Rs. 3990 each, gaining 5% on one and losing 5% on the other. The gain or loss percent on the whole transaction is

Accepted Answer

A)  neither gain nor loss
B)  2.5% gain
C)  2.5% loss
D)  0.25% loss

Question 8

2.09 can be expressed in terms of percentage as

Accepted Answer

A)  2.09%
B)  20.9%
C)  209%
D)  0.209%

Question 9

If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is

Accepted Answer

A)  25% loss
B)  20% loss
C)  25% gain
D)  20% gain

Question 10

Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, how many planes did he buy in 1 rupee?

Accepted Answer

A)  16
B)  40
C)  24
D)  36

Question 11

The price of cooking oil has increased by 25%. By what percent should a family reduce the consumption of cooking oil so as not to increase the expenditure in this account?

Accepted Answer

A)  20%
B)  25%
C)  18%
D)  16%

Question 12

The ratio 5:20 expressed as percent equals to

Accepted Answer

A)  50 %
B)  125 %
C)  25 %
D)  none of above

Question 13

What is 15 percent of 34

Accepted Answer

A)  5.10
B)  4.10
C)  3.10
D)  2.10

Question 14

If a person sells a 'sari' for Rs. 5200, making a profit of 30%, then the cost price of the sari is

Accepted Answer

A)  rs. 4420
B)  rs. 4000
C)  rs. 3900
D)  rs. 3800

Question 15

A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and printed price of the book is?

Accepted Answer

A)  20:23
B)  23:20
C)  16:23
D)  23:16

Question 16

5% of 5% of Rs. 100 is

Accepted Answer

A)  rs. 0.25
B)  rs. 0.50
C)  rs. 10
D)  rs. 25

Question 17

A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How much profit does he get?

Accepted Answer

A)  397/100%
B)  0.3 %
C)  0.03%
D)  300/97%

Question 18

person sold a stove for Rs. 423 and incurred a loss of 6%. At what price would it be sold so as to earn a profit of 8%?

Accepted Answer

A)  rs. 525
B)  rs. 500
C)  rs. 490
D)  rs. 486

Question 19

Guddi buys some oranges in a shop at 4 per rupee. She goes to other shop and buys samenumber of oranges at 5 per rupee. She then combines them in a basket and sells them at 4 perrupee. Will she get a profit or loss? And how much?

Accepted Answer

A)  profit = 100/9 %
B)  loss = 100/9 %
C)  profit = 116/9 %
D)  loss = 116/9 %

Question 20

Chaman sells 40 fans at 10% profit. He wants a total of 20% profit on the entire sale. Since he got 160 fans at rate of Rs. 100 each, at what profit must he sell the remaining fans?

Accepted Answer

A)  70/3%
B)  160/58%
C)  30%
D)  100/3%

Exam 2: Mathematical Problems on Fractions, Ratios, and Percentages