Profit and Loss, Discount, Simple Interest and Compound Interest, Percentage -

Exercise
Q12: If the cost price of an article is ₹200 and
Q1: If the cost price of an item is ₹200 and the it is sold at a profit of 20%, what is the selling
selling price is ₹250, what is the profit? price?
a. ₹50 b. ₹60 c. ₹70 d. ₹80 a. ₹500 b. ₹300 c. ₹350 d. ₹240

Q2: If the cost price of an item is ₹150 and the Q13: If an item is bought for ₹1000 and sold
selling price is ₹120, what is the loss? for ₹850, what is the loss percentage?
a. ₹50 b. ₹30 c. ₹60 d. ₹40 a. 30% b. 15% c. 20% d. 45%

Q3: What is the profit percentage if the cost price Q14. John bought a cycle for Rs. 2200 and sold
is ₹300 and the selling price is ₹360? it for Rs. 2350 What is the profit/loss?
a. 20% b. 10% c. 30% d. 25% a. Profit of Rs. 150 b. Loss of Rs. 150
c. Loss of Rs. 250 d. Profit of Rs 250
Q4: What is the loss percentage if the cost price is
₹500 and the selling price is ₹450?
Q15. Allen buys a car for Rs. 4,46,000 and
a. 30% b. 10% c. 20% d. 45%
sells it for Rs. 5,20,000. What is his profit?
Q5: If an item is sold at a profit of 25% and its a. Rs. 74000 b. Rs. 72000
cost price is ₹240, what is its selling price? c. Rs. 76000 d. Rs. 78000
a. ₹200 b. ₹250 c. ₹300 d. ₹350
Q16. By selling a saree for Rs 864 a shop
Q6: If an article is sold at a profit of 15% on the keeper earns a profit of 8%. Find the cost price.
selling price, and the selling price is ₹460, what is a. Rs. 800 b. Rs. 700
the cost price? c. Rs. 780 d. Rs. 750
a. ₹200 b. ₹300 c. ₹340 d. ₹391
Q17. Anwar had to sell his television set at a
Q7: If an article is sold at a loss of 20% on the loss of 12%. If the selling price was Rs. 7040,
selling price, and the selling price is ₹300, what is what was its cost price?
the cost price? a. Rs. 8000 b. Rs. 7500
a. ₹300 b. ₹360 c. ₹390 d. ₹350
c. Rs. 7250 d. Rs. 79000
Q8: If two items are sold for ₹200 each, the first at
Q18. If the marked price of an item is ₹500 and
a profit of 10% and the second at a loss of 10%,
a discount of 20% is given, what is the selling
what is the total profit or loss?
price?
a. 10% b. 20% c. 15% d. 0%
a. 200 b. 300 c. 400 d. 500
Q9: If two items are bought for ₹500 each, one is
sold at a profit of 20% and the other at a loss of Q19. If two items are sold for ₹200 each, the
10%, what is the overall profit or loss percentage? first at a profit of 10% and the second at a loss
a. 15% b. 20% c. 5% d. 10% of 10%, what is the total profit or loss?
a. 0 % b. 10 % c. 20% d. 15%
Q10: If an article is marked at ₹500 and
Q20. Roshan bought a second hand car for Rs.
successive discounts of 10% and 20% are given,
what is the selling price? 1,25,000 & spent 15000 for its repairs. If he
a. ₹340 b. ₹360 c. ₹350 d. ₹370 sold that car for Rs. 1,61,000, What is the profit
percent?
Q11: If an item is bought for ₹800 and sold for a. 10% b. 15% c. 20% d. 25%
₹960, what is the gain percentage?
a. 5% b. 25% c. 20% d. 10%
Q21. M/S. R.K. Enterprise announced a festival Q23. A person sold an article for Rs 136 and
discount of 30% on mobile phones. James bought get loss of 15%. At what price should he have
a mobile phone for himself & got a discount of Rs. sold it to gain 15%?
960. What was the list price of the mobile phone? a.Rs. 184 b. Rs. 190
a. Rs. 3000 b. Rs. 3200 c. Rs. 195 d. Rs. 200
c. Rs. 3400 d. Rs. 3600

Q22. Harry sold a cow for Rs 136 at a loss of

15%. At what price should he have sold it to gain
15%?
a.Rs. 184 b. Rs. 190
c. Rs. 195 d. Rs. 200

Simple Interest and Compound Interest Q8: Calculate the simple interest on a principal
of ₹2000 at a rate of 4% per annum for 5 years
Q1: Calculate the simple interest on a principal and compare it with the simple interest on 5%
of ₹5000 at a rate of 5% per annum for 3 years. per annum for 4 year.
a. ₹850 b. ₹800 c. ₹700 d. ₹750 a. ₹250 b. ₹350 c. ₹300 d. ₹400

Q2: What is the total amount after 4 years if the Q9: Calculate the simple interest on a principal
principal is ₹2000 and the rate of interest is 6% of ₹2500 at a rate of 5% per annum for 1 year, 6
per annum? months.
a. ₹2000 b. ₹3000 c. ₹2480 d. ₹2400 a. ₹180.50 b. ₹190.50 c. ₹185.50 d. ₹187.50

Q3: If the simple interest earned in 2 years is Q10: If the total amount after 3 years is ₹3300
₹300 and the rate of interest is 5% per annum, and the rate of interest is 6% per annum, find
find the principal amount. the principal amount.
a. ₹2500 b. ₹3000 c. ₹3500 d. ₹4000 a. ₹2790.6 b. ₹2795.6 c. ₹2797.6 d. ₹2796.6

Q4: If the principal amount is ₹1500 and the Q11. Calculate the compound interest on a
simple interest earned in 3 years is ₹270, find principal of ₹5000 at a rate of 5% per annum for
the rate of interest per annum. 3 years.
a. 8% b. 5% c. 6% d. 7% a. ₹780.125 b. ₹788.125
c. ₹790.125 d. ₹785.125
Q5: What will be the total amount after 6 years
if the principal is ₹1500 and the rate of interest Q12. What is the total amount after 4 years if
is 3% per annum? the principal is ₹2000 and the rate of interest is
a. ₹2000 b. ₹1770 c. ₹1800 d. ₹1900 6% per annum, compounded annually?
a. ₹2524.952 b. ₹2528.952
Q6: If the principal amount is ₹2500 and the c. ₹2520.952 d. ₹2530.952
simple interest earned is ₹500 at a rate of 4%
per annum, find the time period. Q13. What is the compound interest earned on a
a. 5 year b. ₹3 year c. 4 year d. 2 year principal of ₹4000 at a rate of 3% per annum for
2 years, compounded annually?
Q7: What is the simple interest earned on a a. ₹243.6 b. ₹245.6 c. ₹310.6 d. ₹311.6
principal of ₹4000 at a rate of 3% per annum for
2.5 years? Q14. What will be the total amount after 6 years
a. ₹200 b. ₹250 c. ₹300 d. ₹350 if the principal is ₹1500 and the rate of interest
is 3% per annum, compounded annually?
a. ₹1791.15 b. ₹1795.15
c. ₹1790.15 d. ₹1793.15
Q15. If Julie deposits Rs. 2000 in a bank at the Q21. The simple interest on Rs.2000 for 2 years
rate of 6%. What will be the interest at the end at Rs.75 per thousand per annum will be :
of year? a. 150 b. 200 c. 250 d. 300
a. 200 b. 1200 c. 600 d. 2000
Q22. Romen spent Rs. 345 on vegetables, Rs.
Q16. If Jane deposits Rs. 2000 in a bank at 8% 1105 for meat and Rs. 210 on fruits. How much
interest, what will be the amount at the end of did he spent?
one year? a. Rs. 1610 b. Rs. 1460
a. 2108 b. 2016 c. 2160 d. 2060 c. Rs. 1510 d. Rs. 1660

Q17. What should be the simple interest Q23. My salary is Rs. 15150. I spent Rs. 11250.
obtained on an amount of Rs.5760 at the rate of How much did I save?
6% per annum after 3 years? a. Rs. 3610 b. Rs. 3900
a. 1036.80 b. 1036.60 c. Rs. 3990 d. Rs. 4990
c. 1036.40 d. 1036.20
Q24. Ashok repaid an amount of Rs. 9,125 to
Q18. The simple interest on an amount of Rs. the bank, which includes an interest of Rs. 625.
5000 for six month is Rs.200. What is the What was the money that he borrowed from the
annual rate of interest? bank?
a. 10 b. 9 c. 8 d. 7
a. Rs. 8500 b. Rs. 8550
c. Rs. 8400 d. Rs. 8450
Q19. An amount double itself in 10 years with
simple interest. What is the rate of interest per
annum? Q25. If the cost of one shirt is Rs. 482, what is
a. 8 b. 9 c. 10 d. 11 the cost of 11 shirts?
a. Rs. 5302 b. Rs. 5102
Q20. If a certain sum of money at S.I. doubles c. Rs. 4802 d. Rs. 4902
itself in 5 years then what is the rate of interest?
a. 15 b. 20 c. 25 d. 30

Percentage-

Q1. 30 % of a number is 27 more than 15 % 𝑏

Q5. 8% of b is 4 and 4 % of a is 8. c=(𝑎)−1.
of 120. Find the number .
a. 1/4 b. 4 c. 1/8 d. 8
a.150 b. 130 c. 120 d. 140
Q6. What is 20% of 1000.
Q2. A basket contains 960 apples. 768 apples
were distributed among orphanange children. a. 50 b. 100 c. 25 d. 200
Find the percentage of apples left in the
basket . Q7. What is 35% of 500.
a. 40 % b. 25 % c. 30 % d. 20 % a. 30 b. 175 c. 125 d. 200

Q3. A basket contains 500 apples. 800 apples Q8. 83% of 2350 =
were added to the basket. Find the increase in a.1509.5 b. 1950.5 c. 1905.5 d. 1590.5
percentage of apples in the basket .
a. 40 % b. 60 % c. 50 % d. 20 % Q9. What is the number if 40% of the number
is 360?
Q4. If X% of p is same as Y % of q. Find Z % a. 60 b. 80 c. 90 d. 50
of q.
a. (Y/Z)% of p b. (XZ/Y)% of p
Q10. A shirt costs Rs 64 after a 20%
c. (YZ/XZ)% of p d. XY % of p
discount. What was its original value?
a. Rs. 76 b. Rs. 80 c. Rs. 88 d. Rs. 86
 Q16. In a city 75 % of the population is
Q11. If Raju secures 50% , and gets 500 literate. If the total population of city is 8904,
marks in exam. What is the maximum mark? then the number of illiterate is
a. 500 b. 1000 c. 1500 d. 2000 a. 6678 b. 2226 c. 4172 d. 5178

Q12. If Raju secures 75% , and gets 600 Q17. A shirt costs Rs 2000 after a 50%
marks in exam. What is the maximum mark? discount. What was its original value?
a. 500 b. 600 c. 700 d. 800 a. Rs. 2000 b. Rs. 3000
c. Rs. 4000 d. Rs. 3500
Q13. Allen invests 4% of his income on
entertainment. If his income is Rs. 2500, how Q18. The marked price of an article is Rs. 80.
much does he invest on entertainment? If it is sold at Rs. 72, what is the discount
a. Rs. 100 b. Rs. 150 percentage?
c. Rs. 200 d. Rs. 250 a. 10% b. 5% c. 8% d. 6%

Q14. The population of a certain village Q19. In an examination, a candidate secured

increases by 5% every year. Its present 125 marks and failed by 15 marks. If the pass
population is 8000. The population after 3 percentage was 35 % ; find the maximum
years will amount to marks .
a. 9261 b. 8261 c. 9161 d. 9200
a. 400 b. 300 c. 500 d. 350
Q15. If the population of a town at present is
Q20. A students has to scored 50% marks to
10648. If the rate of increase in population is
pass. He gets 100 marks and yet fails by 50
estimated to be 10% per year, what was the
marks. Find the maximum marks.
population 3 years before?
a. 300 b. 400 c. 500 d. 350
a. 10,000 b. 9000 c. 11000 d. 8000