Comparing Quantities

1.

Multiple Choice

1 min

1 pt

Find 12% of ₹ 1200

144

100

44

50

2.

Multiple Choice

1 min

1 pt

Find the rate of discount when on the Market Price of ₹ 600/- a discount of ₹ 60 is given.

10%

15%

20%

30%

3.

Multiple Choice

1 min

1 pt

If marked price of an article is Rs. 1200 and the discount is 12%, then the selling price of the article is

Rs 1056

Rs 1344

Rs 1212

Rs 118

4.

Multiple Choice

1 min

1 pt

What would be the sale price of a bag marked as ₹ 300 if the discount is 20%

₹ 270

₹ 260

₹ 250

₹ 240

5.

Multiple Choice

1 min

1 pt

The list price of a pair of shoes is ₹ 450. If ₹ 45 is paid as VAT, find the rate of VAT.

10%

15%

20%

45%

6.

Multiple Choice

1 min

1 pt

The\ correct\ formula\ to\ find\ compound\ interest\ is

$CI\ =\ P\left(1+\frac{R}{100}\right)^T-P$

$CI=\ P\left(1-\frac{R}{100}\right)^T-P$

$CI=\ P\left(1+\frac{R}{100}\right)^T+P$

None of these

7.

Multiple Choice

1 min

1 pt

The compound interest on Rs 50,000 at 4% per annum for 2 years compounded annually is

4000

4080

4250

5000

8.

Multiple Choice

1 min

1 pt

The population of a place increased to 54,000 in 2003 at a rate of 5% per annum. find the population in 2001

48700

46500

45000

48980

9.

Multiple Choice

1 min

1 pt

You take out a loan for Rs175,000. Which option will cost you less?

A) Simple Interest rate of 4.% over 15 years

B) Compound Interest rate of 3.5% over 15 years

Option A

Option B

they are both equal

10.

Multiple Choice

1 min

1 pt

Heather invested Rs 75,000 in a 2-year Certificate of Deposit (CD) that pays 4% interest compounded annually. What is the value of the CD at the end of the years?

Rs 81120

Rs 81230

Rs 82310

Rs 81120

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