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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SHARING IS CARING

Question 1

Rs. $$1000$$

Rs. $$2000$$

Rs. $$3000$$

Rs. $$4000$$

Solution

Question 2

$$10,000$$

$$12,500$$

$$15,000$$

$$20,000$$

Solution

Question 3

$$0.35\%$$

$$3.5\%$$

$$35\%$$

$$350\%$$

Solution

Question 4

20% loss

20% profit

40% profit

30% loss

Solution

Question 5

Principal

Profit

Interest

Deposit

Solution

Question 6

$$92 \%$$

$$920\%$$

$$9.2\%$$

$$0.92\%$$

Solution

Question 7

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

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

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

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

Solution

Question 8

Profit $$Rs 50$$

Profit $$Rs 100$$

Profit $$Rs 40$$

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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