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Quantitative Reasoning: Percentages

This document contains 20 quantitative reasoning questions related to percentages, profit and loss calculations, and interest calculations. The questions cover topics such as discounts, markups, compound and simple interest, and time value of money.

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Naman Jain
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401 views3 pages

Quantitative Reasoning: Percentages

This document contains 20 quantitative reasoning questions related to percentages, profit and loss calculations, and interest calculations. The questions cover topics such as discounts, markups, compound and simple interest, and time value of money.

Uploaded by

Naman Jain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Percentages

Study
Quantitative Reasoning Abroad

Number of Questions: 20 A1

1. If A is 25% more than B, then by how 5. Due to 20% increase in the price of
much percent is B less than A? cocoa. A sweet manufacturer
a) 10% decreases the consumption of cocoa
b) 25% by 20%. Find the percentage change
c) 20 % in his cost of production.
d) 30 %

2. If 60% of the income of Alex is same 6. After spending 20% on clothes, 10%
as 15% of 40% of Nash, then Nash’s on books, 9% on gifts and 7% on
income is what percent of Alex? friends, Chang has a balance of
a) 0.1% £2700. How much money (in £) was
b) 1% there with him initially?
c) 10%
d) 1000% 7. Amanda gets 20% marks but she fails
by 10 marks, but Shelly who gets 42%
3. If A is 40% of B, B is 25% more than marks gets 12 marks more than the
C, C is 20% less than D. Then what passing marks. Find the maximum
percentage of D is A? marks of the examination.

4. Albatross has a wing span six times Application in Profit & Loss
as large as an Eagle. Then, by what
percentage is Eagle’s wing span less 8. Arshad bought a watch at $150, and
than that of an Albatross? sold it after a few days to make a profit
a) 90% of 20%. At what price did he sell the
b) 16.66% watch?
c) 80% a) $160
d) 83.33% b) $200
c) $180
d) $175

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9. If Harry sells his magic wand at 15. Christmas discount at Walmart on
$4000, he makes a profit 25%. At plum cakes is 12%. If James pays for
what price did he buy it from Diagon $22 for the plum cakes he bought.
Alley? Then what is the marked price on
each of the packet if he bought 5
10. The cost of 20 articles is same as the packets in total?
selling price of 15 articles. The profit a) $25
percentage is: b) $5
a) 25 % c) $4.5
b) 30 % d) $4
c) 35 %
d) 33.33 % 16. Help Kelly decided which is better.
Two successive discounts of 20% or
11. A dairy farmer buys two cows for a single discount of 40%?
€3000 each and he later sells one a a) Single discount of 40% would be a
profit of 10% and the other at a loss of better choice.
10%. What is his profit / loss b) How does it matter! Both would be
percentage? same.
a) 1% profit c) I am sure Kelly will save more by
b) 1% loss choosing successive discounts
c) 10% profit over a single discount.
d) No Profit, No Loss d) Are you crazy! It will depend on
the cost price of the item she is
12. A dealer sells a set of furniture for purchasing.
$900, which is 80% more than the
price he paid for it. At what price must Interest Calculations
he sell the same set to earn a profit of
120%? 17. The SI on a certain sum invested at a
certain rate of interest for a certain
13. A man buys oranges at 6 for $2 and period is 9/16 of the sum. Find the
sells the whole lot at 7 for $3. In this rate percent and time (in years), if
process he gained $20. How many both are equal.
oranges did he purchase?
18. CI at the end of first year for a certain
14. By selling toffees at 20 for a dollar, a principal is $1300 and that at the end
man loses 4%. To gain 20%, he must of second year is $2652. Find the rate
sell how many toffees for a dollar? of interest if it is compounded
a) 24 annually.
b) 16 a) 3%
c) 18 b) 4%
d) 15 c) 6%
d) 8%

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19. A Sum of money doubles itself in 7
years. In how many years will it
become five times the sum? If interest
rate is simple type interest?
a) 21 years
b) 10.5 years
c) 18 years
d) 28 years

20. A sum of money placed at compound


interest doubles itself in 5 years. In
how many years will it amount to 8
times itself?
a) 18 years
b) 15 years
c) 16 years
d) 12 years

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