Q: If a merchant offers a discount of 25% on the list price, then he makes a loss of 5%. What % profit or % loss will he make if he sells at a discount of 10% of the list price?
Solution: 14 percent profit
Q: A dishonest milkman buys milk at Rs 30 per litre and adds 1/5 of water to it and sells the mixture at Rs 32 per litre. What will be his gain?
Solution: 28 percent
Q: The present worth of Rs.169 due in 2 years at 4% per annum compound interest is
Solution: Present Worth =P1+R1002 =1691+41002 = Rs.156.25
Q: A vendor buys apples at the rate of 21 for Rs 7 and sells at the rate of 5 for Rs 2. What will be the result?
Solution: 20 percent gain
Q: A bank offers 10% compound interest per half year. A customer deposits Rs. 2000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is
Solution: Rs 620
Q: A shopkeeper, sold dried apricots at the rate Rs 1210 a kg and bears a loss of 12%. Now if he decides to sell it at Rs 1331 per kg, what will be the result?
Solution: 3.2 percent loss
Q: If 70% of total articles are sold at a profit of 20% and remaining articles are sold at a loss of 20%, then what will be the overall profit percentage?
Solution: 8
Q: If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 25088, and Rs 28098.56 respectively, what is the rate of interest?
Solution: 12 percent
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