Banking (IBPS / SBI PO) · Quantitative Aptitude

Arithmetic: Profit, Interest and Percentages

15 practice questions, each with the answer and an explanation.

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Random questions from this topic, one at a time. You see the answer and the explanation straight after each one.

All 15 questions

  1. What is the simple interest on Rs 8000 at 8% per annum for 3 years?
  2. A number increases from 400 to 520. What is the percentage increase?
  3. Two partners invest in the ratio 3 : 5 for the same period and earn a profit of Rs 10000. What is the share of the first partner?
  4. A trader buys an article for Rs 500 and sells it at a profit of 25%. What is the selling price?
  5. What is 45% of 2000?
  6. A trader buys an article for Rs 1200 and sells it at a profit of 8%. What is the selling price?
  7. What is the simple interest on Rs 8000 at 6% per annum for 5 years?
  8. What is the simple interest on Rs 8000 at 5% per annum for 3 years?
  9. A trader buys an article for Rs 800 and sells it at a profit of 15%. What is the selling price?
  10. An article is sold for Rs 1200 at a loss of 20%. What is its cost price?
  11. What is the compound interest on Rs 10000 at 10% per annum for 2 years, compounded annually?
  12. A shopkeeper allows successive discounts of 20% and 30% on a marked price of Rs 5000. What is the net selling price?
  13. What is the difference between compound interest and simple interest on Rs 4000 for 2 years at 20% per annum?
  14. What is the difference between compound interest and simple interest on Rs 10000 for 2 years at 5% per annum?
  15. What is the difference between compound interest and simple interest on Rs 10000 for 2 years at 10% per annum?

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