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quantity, the second quantity is 100x % more than 14. Let CP = 100
100 x New SP = 90 (as loss = 10%)
100 10 1000 2
the first % % 11.11% Choice (3) But New SP = (Actual SP)
100 10 90 3
2
6. (a) That since the price of an item is increased by 25% let 90 = (Actual SP)
3
us assume that before increase it was 100.
An increase of 25% makes it 125. Now this 125 has to 3
Actual SP = 90 =135
be brought back to 100 i.e., the % by which it should be 2
125 100
reduced is = 100% = 20%. Hence the profit is 35%. Choice (3)
125
15. Given:
Choice (1)
12 SP = 15 CP
(b) Using the formula: SP 15 5
100 x 25 CP 12 4
Required % increase = % SP = 5k
100 25 CP = 4k
2500 100 k
% % 33.33% Choice (4) P% = (100%) = 25% Choice (4)
75 3 4k
7. (a) As revenue = price (sales) 16. Let CP and SP denote the cost price and selling price of
New revenue = 130% of price (80% of sales) apples respectively.
= 104 % of (price) (sales) SP –CP
( ) 100 = 25%
= 104 % of original revenue. SP
Hence new revenue is 4% more than the original. SP 4
Choice (2) =
CP 3
1.2 1.3 1 4
100%
(b) Required percentage = SP = CP
3
1
= 56%. Choice (3) Profit = 3333%. Choice (2)
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17. We know that = 24 : 27: 4(12 – x)
BD × 100 Now of the total profit share of Vanitha is `18,000
TD = 100
+ RT 18000 27
515 × 100 =
TD = 42000 24 + 27 + 4(12 x)
100% + 12 1
4 63 = –51 + 48 – 4x
515 × 100 4x = 99 – 63 = 36 x = 9
= = 500 Choice (3) Chetana joined 6 months after Vanitha joined.
103
Choice (2)
18. Let his C.P. = `100
25 23. Let the time be T.
His M.P (in `) = 100 1 = 125 FTR 2000 × 𝑇 × 16
100 Banker’s discount (BD) = =
100 100
30 = 320 T
His discount (in `) = (125) = 37.50 FTR
100 True Discount (TD) =
100 + RT
His S.P. = `87.50
His loss = `12.50 1040 T 16
TD =
12.5 100 + 16T
His loss percentage = (100) % Given 2 TD
100
2 × 1040 × T × 16
= 12.5% Choice (4) 320T =
100 + 16T
100 + 16 T = 104
19. Let the marked price be `x. 1
Selling price = `400 16 T = 4 T = year
4
1 3 months.
100 11 Choice (4)
9 x = 400 x = 450 Choice (3)
100 24. The face value of each share = `50
The market value of share = 50+ 20 50 = `60
20. Let the M.P. be `100 100
30
First discount (in `) = (100) = 30 The number of shares bought by him =
12,000 = 200
100
60
Price after this discount = `70
10
10 The amount earned = 200 50 = `1000
Second discount (in `) = (70) = 7. 100
100
Choice (2)
Price after this discount = `63
Total discount = `37 25. The market value of each share is 15 + 5 = `20
Equivalent single discount percentage = 37%
Choice (3) The number of shares bought = 2500 = 125
20
21. Ratio of profits of Ramesh and Suresh The dividend amount earned on each share
= (9000) (10) : (6000) (12) = 5 : 4 = 20 15 = `3/-
100
Suresh’s share = 4500 ` 2000
4
Choice (4) The dividend amount earned on 125 shares is `375
9
The rate of return = 375 100 = 15%. Choice (3)
22. Let Chetana join after x months. 2500
Ratio of shares of these persons is
20,000 (12) : 30,000 (9) : 40,000 (12 – x)