Comparing Quantities Test

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Comparing Quantities Test - 17

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Weekly Quiz Competition

Question 1
1 / -0

Jacky 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

Jacky borrows Rs. $2000$ from the bank. The Principal of the loan is Rs. $2000.$
Principal is a term that has several financial meanings. The most commonly used refers to the original sum of money borrowed in a loan, or put into an investment. Similar to the former, it can also refer to the face value of a bond.
The amount borrowed, or the part of the amount borrowed which remains unpaid (excluding interest). here also called principal amount.
Question 2
1 / -0

Determine the principal when time $= 4$ years, interest = Rs. $1000$ ; rate $= 2$ % p.a.

A
$10,000$

B
$12,500$

C
$15,000$

D
$20,000$

Solution

$\Rightarrow$ Here $I=Rs.1000,\,R=2\%,\,T=4\,years$

$\Rightarrow$ $P=\dfrac{I\times 100}{R\times T}$

$\Rightarrow$ $P=\dfrac{1000\times 100}{2\times 4}$

$\Rightarrow$ $P=Rs.12,500$
Question 3
1 / -0

Convert $\dfrac{14}{40}$ into percentage.

A
$0.35\%$

B
$3.5\%$

C
$35\%$

D
$350\%$

Solution

The fraction in percentage equals
$\dfrac { 14 }{ 40 } \times 100=\dfrac { 14 }{ 2 } \times 5=35\%$
Question 4
1 / -0

Ramila buys a scooty at Rs 38,000. After 2 years she sold it at Rs 30,400. Then, how much percentage profit or loss Ramila gets?

A
20% loss

B
20% profit

C
40% profit

D
30% loss

Solution

Given
Ramila buys a scooty at Rs.38,000.
So Cost Price = 38000;
After 2 years she sold it at Rs.30,400.
So Selling Price = 30400
Here Cost Price is greater than Selling Price..so Loss exists.....
We know that...
Loss. = Cost Price - Selling Price
Loss = 38000- 30400
Loss= 7600
loss Percentage =( loss /Cost Price )×100
=( 7600/38000)×100
=20%
So loss Percentage= 20%
Question 5
1 / -0

I invested $Rs. 500$ in the bank for a year. I neither deposited nor withdrew any money from my account. At the end of the year, I checked my account and found that I have $Rs. 600$ in it. What is this extra amount called as?

A
Principal

B
Profit

C
Interest

D
Deposit

Solution

For every deposit made in a bank account, an interest is paid at a fixed rate which is added to the principal amount. This extra amount added to the balance is known as 'Interest'.
Question 6
1 / -0

Convert $\dfrac{46}{5}$ into percentage.

A
$92 \%$

B
$920\%$

C
$9.2\%$

D
$0.92\%$

Solution

The fraction in percentage equals
$\dfrac { 46 }{ 5 } \times 100=920\%$
So, option B is correct.
Question 7
1 / -0

Two equivalent ratios of $\dfrac{14}{3}$ are

A
$\dfrac{64}{12}$ , $\dfrac{126}{24}$

B
$\dfrac{28}{6}$ , $\dfrac{42}{9}$

C
$\dfrac{42}{9}$ , $\dfrac{64}{6}$

D
$\dfrac{98}{21}$ , $\dfrac{126}{24}$

Solution

$\displaystyle \frac{14}{3}=\frac{14\times 2}{3\times 2}$ $\displaystyle =\frac{28}{6}$ and

$\displaystyle \frac{14}{3}=\frac{14\times 3}{3\times 3}$ $\displaystyle =\frac{42}{9}$

$\Rightarrow \dfrac{28}{6}, \dfrac{42}{9}$ are Equivalent ratios of $\displaystyle \frac{14}{3}$
Question 8
1 / -0

Do the following sums:
C.P. = Rs 300 S.P. = Rs 350, then how much rupees profit or loss occur?

A
Profit $Rs 50$

B
Profit $Rs 100$

C
Profit $Rs 40$

D
None of these

Solution

Given: $\text{C.P. = Rs 300 and S.P. = Rs350}$
Since, $S.P. > C.P.$
Therefore, $Profit = S.P. - C.P. = 350 - 300 = Rs 50$
Question 9
1 / -0

Jitubhai buys a T-shirt at Rs 500 and sold it to his friend at Rs 500. profit = ?

A

0

B
100

C
200

D
220

Solution

C.P. = Rs 500
S.P. = Rs 500
Profit = S.P. - C.P. = 500 - 500 = Rs 0
Question 10
1 / -0

Aasifbhai bought a refrigerator at Rs 10,000. After sometime he sold it to his friend at Rs 9000, then how much percentage profit or loss does he make?

A
10% loss

B
10% profit

C
20% loss

D
30% loss

Solution

Given: C.P $= Rs. 10000$

and S.P $= Rs. 9000$

Loss $=$ C.P - S.P

$= 10000-9000$

$= Rs. 1000$

Loss percent $= \dfrac{CP-SP}{CP}\times 100$

$=\dfrac{1000}{10000} \times 100$

$= 10\%$

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Re-Attempt Weekly Quiz Competition

Comparing Quantities Test - 17

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Comparing Quantities Test - 17

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Question 1

Rs. 100010001000

Rs. 200020002000

Rs. 300030003000

Rs. 400040004000

Solution

Question 2

10,00010,00010,000

12,50012,50012,500

15,00015,00015,000

20,00020,00020,000

Solution

Question 3

0.35%0.35\%0.35%

3.5%3.5\%3.5%

35%35\%35%

350%350\%350%

Solution

Question 4

20% loss

20% profit

40% profit

30% loss

Solution

Question 5

Principal

Profit

Interest

Deposit

Solution

Question 6

92%92 \%92%

920%920\%920%

9.2%9.2\%9.2%

0.92%0.92\%0.92%

Solution

Question 7

6412\dfrac{64}{12}1264​, 12624\dfrac{126}{24}24126​

286\dfrac{28}{6}628​, 429\dfrac{42}{9}942​

429\dfrac{42}{9}942​, 646\dfrac{64}{6}664​

9821\dfrac{98}{21}2198​, 12624\dfrac{126}{24}24126​

Solution

Question 8

Profit Rs50Rs 50Rs50

Profit Rs100Rs 100Rs100

Profit Rs40Rs 40Rs40

None of these

Solution

Question 9

0

100

200

220

Solution

Question 10

10% loss

10% profit

20% loss

30% loss

Solution

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Rs. $1000$

Rs. $2000$

Rs. $3000$

Rs. $4000$

$10,000$

$12,500$

$15,000$

$20,000$

$0.35\%$

$3.5\%$

$35\%$

$350\%$

$92 \%$

$920\%$

$9.2\%$

$0.92\%$

$\dfrac{64}{12}$ , $\dfrac{126}{24}$

$\dfrac{28}{6}$ , $\dfrac{42}{9}$

$\dfrac{42}{9}$ , $\dfrac{64}{6}$

$\dfrac{98}{21}$ , $\dfrac{126}{24}$

Profit $Rs 50$

Profit $Rs 100$

Profit $Rs 40$