KARTHIKEYA DEVARLA

C1
RA2211003010192
 Q1) An article is bought for Rs. 675 and sold for Rs. 900. Find the gain percent?
A. 30 2/3%
B. 31 1/3%
C. 33 1/3%
D. 33 1/6%

Answer: B. 33 1/3%
Explanation: 900 – 675 = 225
225/675*100
= 33 1/3%

 Q2) A person buys a horse for 15 pounds. After one year, he sells it for 20
pounds. After one year, again he buys the same horse at 30 pounds and sells it
for 40 pounds. What is the overall profit percent for that person over both the
transactions?
A. 30.33%
B. 33.33%
C. 35.33%
D. 40.33%

Answer: B. 33.33%
Explanation: Total C.P. = 45
Total S.P. = 60
Profit% = (15/45) *100 = 33.33%

 Q3) A trader sells 85 m of cloth for Rs. 8,925 at the profit of Rs. 15/m of cloth.
What is the cost price of 1 m of cloth?
A. Rs. 84
B. Rs. 90
C. Rs. 96
D. Rs. 102

Answer: B. Rs. 90
Explanation: SP of 1m of cloth = 8925/85 = Rs. 105
CP of 1m of cloth = SP of 1m of cloth – profit on 1m of cloth
= Rs. 105 – Rs. 15 = Rs. 90
KARTHIKEYA DEVARLA
C1
RA2211003010192
 Q4) A, B and C enter into a partnership. A invests some money at the beginning,
B invests double the amount after 6 months, and C invests thrice the amount
after 8 months. If the annual gain be Rs. 18,000. A's share is?
A. Rs. 5,750
B. Rs. 6,000
C. Rs. 7,200
D. Rs. 7,500

Answer: B. Rs. 6,000

Explanation: x*12 : 2x*6: 3x*4
1:1:1
1/3 * 18000 = 6000

 Q5) By selling an article at Rs. 800, a shopkeeper makes a profit of 25%. At what
price should he sell the article so as to make a loss of 25%?
A. Rs. 460
B. Rs. 480
C. Rs. 500
D. Rs. 520

Answer: B. Rs. 480

Explanation: SP = 800, Profit = 25%
CP = (SP)*[100/(100+P)]
= 800 * [100/125] = 640
Loss = 25% = 25% of 640 = Rs. 160
SP = CP – Loss = 640 – 160 = Rs. 480