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Business Mathematics MCQs: 122 Questions & Answers in Faculty

122 Business Mathematics MCQs in Faculty with answers & explanations. Page 3. Practice objective questions for competitive exams, interviews & self-assessmen… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Business Mathematics MCQs: 122 Questions & Answers in Faculty

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.

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

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?

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?

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.

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?

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?

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?

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?

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?

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?

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

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?

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

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

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

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 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?

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?

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