Q1. Mahesh starts working as a sales representative on an annual salary of Rs. 160000. If he receives a 15% pay-rise each year, the number of years he has worked for the company, when his annual salary became Rs. 279841 is:
(a) 4 years
(b) 5 years
(c) 2 years
(d) 3 years
(e) 6 years
Q2. Out of the total population of 5000 people in a village, men increased by 10% and women by 15%. Now the total population becomes 5600 in a year. The women population in the village was originally.
(a) 4000
(b) 3500
(c) 2000
(d) 3000
(e) 4500
Q3. A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. What is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?
(a) Rs. 1.5 lakh
(b) Rs. 1.1 lakh
(c) Rs. 1.2 lakh
(d) Rs. 1.65 lakh
(e) Rs. 1.45 lakh
Q4. One-fourth of a sum of money was invested at 5%, one-sixth of it was invested at 6%, one-ninth of it at 7% and the remaining at 10% per annum simple interest. If the simple interest for 2 years from all these four investments amount to Rs. 2790, what was the principal invested?
(a) Rs. 9000
(b) Rs. 36000
(c) Rs. 18000
(d) Rs. 24000
(e) Rs. 18000
Q5. Compound interest (compounded annually) on a certain sum of money for 2 years at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be:
(a) Rs 80
(b) Rs 101
(c) Rs 100
(d) Rs 75
(e) Rs 64
Solutions (1-5):
Direction (6-10): In the following questions there are two equations in x and y are given. Solve the following equations and give answer
Solutions (6-10):
(a) 4 years
(b) 5 years
(c) 2 years
(d) 3 years
(e) 6 years
Q2. Out of the total population of 5000 people in a village, men increased by 10% and women by 15%. Now the total population becomes 5600 in a year. The women population in the village was originally.
(a) 4000
(b) 3500
(c) 2000
(d) 3000
(e) 4500
Q3. A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. What is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?
(a) Rs. 1.5 lakh
(b) Rs. 1.1 lakh
(c) Rs. 1.2 lakh
(d) Rs. 1.65 lakh
(e) Rs. 1.45 lakh
Q4. One-fourth of a sum of money was invested at 5%, one-sixth of it was invested at 6%, one-ninth of it at 7% and the remaining at 10% per annum simple interest. If the simple interest for 2 years from all these four investments amount to Rs. 2790, what was the principal invested?
(a) Rs. 9000
(b) Rs. 36000
(c) Rs. 18000
(d) Rs. 24000
(e) Rs. 18000
Q5. Compound interest (compounded annually) on a certain sum of money for 2 years at 4% per annum is Rs. 102. The simple interest on the same sum for the same rate and for the same period will be:
(a) Rs 80
(b) Rs 101
(c) Rs 100
(d) Rs 75
(e) Rs 64
Solutions (1-5):
Direction (6-10): In the following questions there are two equations in x and y are given. Solve the following equations and give answer
Solutions (6-10):
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