Comparing Quantities Test

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Comparing Quantities Test - 13

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Weekly Quiz Competition

Question 1
1 / -0

Which of the following is incorrect ?

A
$$C.P + Profit = S.P$$

B
$$Loss = C.P - S.P$$

C
$$Loss = S.P - C.P$$

D
$$Profit = S.P - C.P$$

Solution

$$Loss = C.P - S.P$$
$$Profit = S.P - C.P$$
Question 2
1 / -0

$$\displaystyle \frac {25} {75} = \frac {x} {15}$$. find value of $$x$$.

A
$$25$$

B
$$1$$

C
$$15$$

D
$$5$$

Solution

$$\displaystyle \frac {25} {75} = \frac {25\div 5} {75\div 5} = \frac {5} {15} $$

so, value of $$x$$ is 5
Question 3
1 / -0

Cost of $$5$$ pens is Rs. $$15$$. Find the cost price of $$100$$ pens.

A
Rs. $$150$$

B
Rs. $$30$$

C
Rs. $$100$$

D
Rs. $$300$$

Solution

Cost of $$5$$ pens $$=Rs. 15$$
Cost of $$1$$ pen $$=Rs. \dfrac{15}{5}=Rs. 3$$
Cost of $$100$$ pens $$=Rs, \begin{bmatrix}3\times100\end{bmatrix}=Rs. 300$$
Question 4
1 / -0

Which term is called for the amount of money paid for a loan or an investment?

A
rate

B
time

C
principal

D
interest

Solution

Interest is the amount of money paid for a loan or an investment.
Question 5
1 / -0

Micheal deposits $$Rs.\ 5400$$ and got back an amount of $$Rs.\ 6000$$ after a year. What is the principal amount?

A
$$Rs.\ 6000$$

B
$$Rs.\ 600$$

C
$$Rs.\ 5400$$

D
$$Rs.\ 400$$

Solution

The principal is the amount of money borrowed or invested. So, in this case, the principal amount is $$Rs.\ 5400$$.
Question 6
1 / -0

Define loss.

A
Price at which an article is purchased

B
If SP is greater than CP then seller is said to have gain

C
If SP is less than CP then seller is said to have loss

D
None

Solution

SP $$-$$ CP $$=$$ Profit/Loss depending if SP $$>$$ CP or SP $$<$$ CP, respectively.
$$\therefore$$ If SP is less than CP then seller is said to have loss.
Question 7
1 / -0

John borrows Rs. $$2000$$ from the bank. The Principal of the loan is _____.

A
Rs. $$1000$$

B
Rs. $$2000$$

C
Rs. $$3000$$

D
Rs. $$4000$$

Solution

Principal amount is the original amount of money, the amount before any interest is applied.
So, the Principal of the John's loan is Rs. $$2000$$.
Question 8
1 / -0

Identify which amount is the original amount of money, the amount before any interest is applied?

A
interest

B
time period

C
loan

D
principal

Solution

Principal amount is the original amount of money, the amount before any interest is applied.
Question 9
1 / -0

The principal is $$Rs. 1000$$, so if you pay off $$Rs. 500$$, the remaining $$Rs. 500$$ left to repay is also called the

A
interest

B
loan

C
principal

D
rate

Solution

The principal is $$Rs.1000$$, so if you pay off $$Rs.500$$, the remaining $$Rs.500$$ left to repay is also called the principal.
Principal amount is the original amount of money, the amount before any interest is applied.
Question 10
1 / -0

A rate which is charged or paid for the use of money is know as

A
interest rate

B
principal

C
interest

D
amount

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Re-Attempt Weekly Quiz Competition

Comparing Quantities Test - 13

Result

Comparing Quantities Test - 13

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SHARING IS CARING

Question 1

$$C.P + Profit = S.P$$

$$Loss = C.P - S.P$$

$$Loss = S.P - C.P$$

$$Profit = S.P - C.P$$

Solution

Question 2

$$25$$

$$1$$

$$15$$

$$5$$

Solution

Question 3

Rs. $$150$$

Rs. $$30$$

Rs. $$100$$

Rs. $$300$$

Solution

Question 4

rate

time

principal

interest

Solution

Question 5

$$Rs.\ 6000$$

$$Rs.\ 600$$

$$Rs.\ 5400$$

$$Rs.\ 400$$

Solution

Question 6

Price at which an article is purchased

If SP is greater than CP then seller is said to have gain

If SP is less than CP then seller is said to have loss

None

Solution

Question 7

Rs. $$1000$$

Rs. $$2000$$

Rs. $$3000$$

Rs. $$4000$$

Solution

Question 8

interest

time period

loan

principal

Solution

Question 9

interest

loan

principal

rate

Solution

Question 10

interest rate

principal

interest

amount

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