TANCET Profit And Loss Previous Year Questions (PYQs)
A Place for Latest Exam wise Questions, Videos, Previous Year Papers,
Study Stuff for MCA Examinations
Study Stuff for MCA Examinations
Showing 5 questions
If Rakesh borrows Rs. 36,000 from Sathesh at rate of interest 6% S.I. at the end of four years, how much interest Rakesh has to pay?
1
2
3
4
Solution
Simple interest $= frac{P imes R imes T}{100}$
$= frac{36000 imes 6 imes 4}{100}$
$= 8640$
Hence, the required interest is Rs. 8,640.
$= frac{36000 imes 6 imes 4}{100}$
$= 8640$
Hence, the required interest is Rs. 8,640.
A vendor bought 6 toffees for a rupee. How many for a rupee must he sell to gain 20%?
1
2
3
4
Solution
CP per toffee $=1/6$
SP $=1/5$ ⇒ 5 per rupee
SP $=1/5$ ⇒ 5 per rupee
Tarun got 30% concession on the labelled price of an article and sold it for Rs.8,750 with 25% profit on the price he bought. What was the labelled price?
1
2
3
4
Solution
CP $=7000$
MP $=10000$
MP $=10000$
The difference between the compound interest and the simple interest on a certain sum for 2 years at 6% per annum is Rs.18. Find the sum.
1
2
3
4
Solution
$P(0.06)^2=18 ⇒ P=5000$
A man deposited Rs.1,000 in a bank. In return he got Rs.1,331. Bank gave interest 10% per annum. How long did he keep the money in the bank?
1
2
3
4
Solution
$1000(1.1)^n=1331 ⇒ n=3$
TANCET
Online Test Series, Information About Examination,
Syllabus, Notification
and More.
View More
TANCET
Online Test Series, Information About Examination,
Syllabus, Notification
and More.
View More
Ask Your Question or Put Your Review.
