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

Related MCQs

• A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At the end of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary and profit, then what is his salary?
• Aman got a salary of Rs. 8600. The salary was invested by him in two parts. Find the difference between the two parts of his salary, if in first part he got some simple interest at 15% per annum in 4 years, which was same as the second part which he invested at 20% for 3 years.
• 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?
• Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on rest of the supplies to nullify this loss?
• A’s salary is 50% more than B’s. How much percent is B’s salary less than A’s?
• Guddi buys some oranges in a shop at 4 per rupee. She goes to other shop and buys same number of oranges at 5 per rupee. She then combines them in a basket and sells them at 4 per rupee. Will she get a profit or loss? And how much?
• A trader purchases several articles at the rate of 13 for Rs. 10 and sells them at the rate of 10 for Rs. 13. What is his gain/loss?
• A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent is
• Rohit got profit of 11½% by selling his old car. However he realized that had he sold it for Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
• Sam borrowed some money from his friend at simple interest of 6% per annum. He returned his friend Rs. 15600. After how much time did Sam return the money if he borrowed Rs. 12000?