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170+ Business Mathematics Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration in Computer Applications (BBA [CA]) , Bachelor of Business Administration (BBA) .

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Chapter: PROFIT AND LOSS
51.

Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?

A. rs. 4320
B. rs. 5760
C. rs. 1440
D. rs. 3500
Answer» A. rs. 4320
discuss
52.

A sold a car to B at a profit of 25%. B incurred loss of 15% while selling the same car to C. A spent Rs. 50000 for this car. At what price did C buy it?

A. rs. 62500
B. rs. 60000
C. rs. 53125
D. rs. 90000
Answer» C. rs. 53125
discuss
53.

hat will be selling price, if cost price is Rs. 120 and gain is 35%?

A. rs. 135
B. rs. 85
C. rs. 155
D. rs. 162
Answer» D. rs. 162
discuss
54.

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?

A. rs. 2000
B. rs. 4000
C. rs. 3500
D. rs. 3000
Answer» B. rs. 4000
discuss
55.

An article costs Rs. 600. What should be the marked price of an article so that after 10% discount, the trader makes 20% profit?

A. rs. 800
B. rs. 950
C. rs. 1100
D. rs. 1040
Answer» A. rs. 800
discuss
56.

A man buys 50 pens at marked price of 46 pens from a whole seller. If he sells these pens giving a discount of 1% , what is the profit percent?

A. 5.3 %
B. 7.6 %
C. 10.6 %
D. 12 %
Answer» B. 7.6 %
discuss
57.

P sells an article to Q at 10 % profit. Q sells it to R at 25 % profit. If R pays Rs. 250 for it, What did P pay for it ?

A. rs. 225
B. rs. 198..50
C. rs. 181.81
D. rs. 162.30
Answer» C. rs. 181.81
discuss (1)
58.

Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.
14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should he
sell the mixture to make 40 % profit in the transaction?

A. rs. 20.00
B. rs. 19.50
C. rs. 15
D. rs. 17.5
Answer» A. rs. 20.00
discuss
59.

A trader has 200 kg of sugar, out of which he sells some with 10% profit and the rest with 25% profit. He gains 15% on the whole. Find the quantity of sugar sold at 25% profit?

A. 120 kg
B. 96.5 kg
C. 84 kg
D. 67 kg
Answer» D. 67 kg
discuss
60.

Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate of
Rs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture to
make 25% profit?

A. rs. 25
B. rs. 28
C. rs. 30
D. rs. 32.5
Answer» B. rs. 28
discuss
61.

At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?

A. rs. 2,025/-
B. rs.1,900/-
C. rs. 1,675/-
D. rs. 1,875/-
Answer» D. rs. 1,875/-
discuss
62.

Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is:

A. 3 (4/7)
B. 11 (1/9) %
C. 12 (2/3) %
D. 12%
Answer» A. 3 (4/7)
discuss
63.

P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs. 5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?

A. rs. 8400
B. rs. 10,500
C. rs. 13,600
D. rs. 14,700
Answer» B. rs. 10,500
discuss
64.

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. 69 % gain
B. 56.25 % gain
C. 56.25 % loss
D. 25 % loss
Answer» A. 69 % gain
discuss
65.

By purchasing an article at 20 % discount on the original price and then selling it at a price of
25% above the original price, a trader earns Rs. 200 as the profit. What was the original price of
the article?

A. rs. 444.44
B. rs. 255.50
C. rs. 100.10
D. rs. 810
Answer» A. rs. 444.44
discuss
66.

A boy incurs 5% loss by selling a book for Rs. 1000. At what price should the book be sold to earn 5 % profit?

A. rs. 1105.26
B. rs. 1251.50
C. rs. 1085.13
D. rs. 1885.13
Answer» A. rs. 1105.26
discuss (1)
67.

Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%.

A. 15%
B. 16%
C. 14.5%
D. 15.54%
Answer» D. 15.54%
discuss
68.

If Harsh sold a match ticket for Rs.340 at a profit of 25%, at what price did he purchased the ticket?

A. 280
B. 255
C. 300
D. 272
Answer» D. 272
discuss
69.

Eleven bags are bought for Rs.1000 and sold at 10 for Rs.1100. What is the gain or loss in percentage?

A. 10%
B. 21%
C. 25%
D. 20%
Answer» B. 21%
discuss
70.

Vijay sells a cupboard at 14% below cost price. Had he got Rs.2086 more, he would have made a profit of 14%. What is the cost price of the cupboard?

A. 7450
B. 14900
C. 7400
D. 7500
Answer» A. 7450
discuss
71.

If selling price of 12 pens is equal to the cost price of 18 pens, find the profit percent.

A. 40%
B. 33.3%
C. 50%
D. 25%
Answer» C. 50%
discuss
Chapter: INTEREST
72.

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?

A. 8 years
B. 2.5 years
C. 5 years
D. 3.5 years
Answer» C. 5 years
discuss
73.

Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?

A. rs. 16400
B. rs. 12000
C. rs. 12500
D. rs. 18000
Answer» B. rs. 12000
discuss
74.

Suresh for 2 years invested Rs. 500 in SBI. He also invested Rs. 300 in ICICI for 4 years. At the end he received Rs. 220 from both banks as simple interest. What must have been rate of interest?

A. 10%
B. 12%
C. 11%
D. 5.5%
Answer» C. 11%
discuss (2)
75.

Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6%
for first two years, 9% for next three years and 14% for rest of the period. How much money did
he borrow?

A. rs. 10000
B. rs. 15000
C. rs. 12000
D. rs. 12500
Answer» C. rs. 12000
discuss
76.

Ram gets Rs. 2600 for Rs. 2000 in 5 years at some rate of simple interest. Had he invested in
other places where rate of simple interest is 3% more than current rate, how much would have
Ram got in same time?

A. rs. 2900
B. rs. 3000
C. rs. 3100
D. rs. 2800
Answer» A. rs. 2900
discuss
77.

Guddi invested some money in a bank at rate of 6% per annum. At simple interest, after 9 years, she got Rs. 8470. How much did she invest?

A. rs. 5250
B. rs. 6550
C. rs. 6400
D. rs. 5500
Answer» D. rs. 5500
discuss
78.

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.

A. rs. 0
B. rs. 2400
C. rs. 100
D. rs. 4500
Answer» A. rs. 0
discuss
79.

Aman invests Rs. 8000 at some rate of interest. Being simple interest the money doubles in 5
years. Raj sees this and invests Rs. 6250 for 3 years at same rate of interest. How much interest
does Raj get?

A. rs. 3750
B. rs. 6250
C. rs. 3125
D. rs. 4250
Answer» A. rs. 3750
discuss (1)
80.

If simple interest for 2 years for a sum is Rs. 600 and compound interest for the same sum for 2 years and same rate of interest is Rs. 645, what will be the rate of interest?

A. 10%
B. 15%
C. 30%
D. 5%
Answer» B. 15%
discuss
81.

In 4 years the simple interest on certain sum of money is 9/25 of the principal. The annual rate of interest is

A. 4%
B. 4(1/2)%
C. 9%
D. 10%
Answer» C. 9%
discuss
82.

A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sum
becomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find the
sum and the duration.

A. rs. 2000 and 20 years
B. rs. 1900 and 8.25 years
C. rs. 1500 and 7 years
D. rs. 1800 and 5.5 years
Answer» D. rs. 1800 and 5.5 years
discuss
83.

An amount becomes 7 times in 15 years. In how many years will the same amount become 10 times? The rate of interest remains the same for both cases.

A. 20 years
B. 18.75 years
C. 22.50 years
D. 21.50 years
Answer» C. 22.50 years
discuss
84.

In 40 years an amount becomes 6 times the original amount. What is the rate of interest?

A. 12.5%
B. 24%
C. 6.67%
D. 34%
Answer» A. 12.5%
discuss
85.

A TV can be bought for Rs. 20000 cash or by paying in four equal monthly installments with
an initial down payment of Rs. 4000. If the rate of interest for this facility is 8% per annum, then
what would be the installment charged for each month?

A. rs. 4000
B. rs. 4106.67
C. rs. 4050.33
D. rs. 4066.01
Answer» D. rs. 4066.01
discuss
86.

How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?

A. rs.146.35
B. rs.156.25
C. rs.126.55
D. rs.118.35
Answer» A. rs.146.35
discuss
87.

Rs. 20400 was divided in two parts and then invested. One part invested at 6.25% for 8 years
yields the same interest as the other part invested at 7% for 5 years. What is the value of smaller
part?

A. 9600
B. 8400
C. 10100
D. 6500
Answer» A. 9600
discuss (1)
88.

1/5 part of an amount was given at 3% simple interest, 1/3 part was given at 5% simple
interest, 2/5 parts at 9% simple interest and remaining part at 11% simple interest. The total
interest received was Rs.297. How much amount was originally given?

A. 4500
B. 5500
C. 3950
D. 4200
Answer» A. 4500
discuss
89.

A man got Rs. 130 less, as simple interest, when he invested Rs. 2000 for 4 years as compared to investing Rs. 2250 for same duration. What is the rate of interest?

A. 12%
B. 13%
C. 12.5%
D. 10.50%
Answer» B. 13%
discuss
90.

Find the principal which yields a simple interest of Rs. 20 and compound interest of Rs. 21 in two years, at the same percent rate per annum?

A. rs. 520
B. rs. 480
C. rs. 420
D. rs. 200
Answer» D. rs. 200
discuss
91.

A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %.

A. rs. 4900
B. rs. 5000
C. rs. 5200
D. rs. 5600
Answer» C. rs. 5200
discuss
92.

Akhil borrowed a certain sum of money at the rate of 6%, 9% and 14% for a period of first
two years, next three years and beyond the period of five years respectively. If at the end of nine
years, he paid Rs. 8550 as interest, then find the sum of money he had borrowed.

A. rs. 9,000
B. rs.14,000
C. rs.15,000
D. rs.18,000
Answer» A. rs. 9,000
discuss
93.

r. Karan borrowed a certain amount at 6% per annum simple interest for 9 years. After 9 years, he returned Rs. 8110/-. Find out the amount that he borrowed.

A. rs. 4,900
B. rs. 5,000
C. rs. 5,100
D. rs. 5266
Answer» D. rs. 5266
discuss
94.

In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 ½ %?

A. 6.3 years
B. 8.2 years
C. 9 years
D. 12 years
Answer» A. 6.3 years
discuss
95.

certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the same
sum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate of
interest?

A. 5% p.a.
B. 7.5% p.a.
C. 10% p.a.
D. 12.5% p.a.
Answer» A. 5% p.a.
discuss
96.

Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.

A. rs. 7804
B. rs. 8979
C. rs. 8046
D. rs. 9009
Answer» D. rs. 9009
discuss
97.

Simple interest at x% for x years will come out to be Rs x on a sum of Rs?

A. x
B. 100/x
C. 100/x2
D. 100x
Answer» B. 100/x
discuss
98.

What is the minimum number of years upon which SI on Rs 2600 at 6.67% interest rate will be in whole number?

A. 2
B. 6
C. 3
D. 4
Answer» C. 3
discuss
99.

What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A. 2 years
B. 1 years
C. 3 years
D. 4 years
Answer» A. 2 years
discuss
Chapter: LINEAR PROGRAMMING PROBLEM
100.

Operation research approach is

A. multi-disciplinary
B. artificial
C. intuitive
D. all of the above
Answer» D. all of the above
discuss

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