Business Mathematics MCQs

Multiple Choice Questions 35 Pages

Savitribai Phule Pune University

Bachelor of Business Administration (Computer Application)

Contributed by

Falguni Talwar

UNIT1: RATIO, PROPORATION AND PERCENTAGE

Multiple Choice Questions

1.In a library, the ratio of number of story books to that of non-story books was 4:3 and total
number of story books was 1248. When some more story books were bought, the ratio became
5:3. Find the number of story books bought.
a. 312
b. 321
c. 936
d. 1560

2.The ratio of the present age of father to that of son is 7:2. After 10 years their ages will be in
the ratio of 9:4. The present ages of the father is
a. 35 years
b. 40 years
c. 30 years
d. 25 years

3. Rs. 8400 is divided among A, B, C and D in such a way that the shares of A and B, B and C,
and C and D are in the ratios of 2:3, 4:5 and 6:7 respectively. The share of A is
a. Rs. 1280
b. Rs. 8400
c. Rs. 8210
d. Rs. 1320

4. In a library, the ratio of number of story books to that of non-story books was 4:3 and total
number of story books was 1248. When some more story books were bought, the ratio became
5:3. Find the number of story books bought.
a. 312
b. 321
c. 936
d. 1560

5. Ajay and Raj together have Rs. 1050. On taking Rs. 150 from Ajay, Ajay will have same
amount as what Raj had earlier. Find the ratio of amounts with Ajay and Raj initially.
a. 3:4
b. 7:1
c. 1:3
d. 4:3

6. Price of each article of type P, Q, and R is Rs. 300, Rs. 180 and Rs. 120 respectively. Suresh
buys articles of each type in the ratio 3:2:3 in Rs. 6480. How many articles of type Q did he
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purchase?
a. 8
b. 14
c. 20
d. None of the above

7. The ratio of market prices of wheat and paddy is 2:3 and the ratio of quantities consumed in a
family is 5:4. Find the ratio of expenditure of wheat and paddy.
a. 6:5
b. 5:6
c. 1:1
d. 8:15

8 The ratio of numbers of girls and boys participating in sports of a school is 4:5. If the number
of girls is 212, determine the number of boys participating in the sports.
a. 256
b. 265
c. 251
d. 263
9. The three numbers are in the ratio 1/2 : 2/3 : 3/4. The difference between greatest and smallest
numbers is 36. Find the numbers.
a. 72, 84, 108
b. 60, 72, 96
c. 72, 84, 96
d. 72, 96, 108

10 If A:B = 2:3, B:C = 4:5 and C:D = 6:7, then A:B:C:D is
a. 18:24:30:35
b. 16:24:30:35
c. 16:22:30:35
d. 16:24:15:35

11. If a:b = 5:7 and c:d = 2a:3b, then ac : bd is
a. 20:38
b. 50:147
c. 10:21
d. 50:151

12. If x:y = 3:4, then (7x+3y):(7x-3y) is equal to
a. 5:2
b. 4:3
c. 11:3
d. 37:19
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13. The product of two positive numbers is 4752 and their ratio is 11:12. The smaller of these
numbers is
a. 72
b. 60
c. 66
d. 75

14. Two numbers are in ratio 2:3. If 2 be subtracted from the first and 2 be added to the second,
the ratio becomes 1:2. Find the sum of the numbers.
a. 30
b. 28
c. 24
d. 10

15. How to divide 3395 in ratio of 42 : 32 : 23?
a. 1470, 1120 and 805
b. 1550, 1235 and 610
c. 1245, 1150 and 1000
d. 1764, 1022 and 529

16. a:b = 3:7 and b:c = 9:5. What is a:b:c?
a. 3:15:5
b. 21:16:45
c. 3:7:5
d. 27: 63:35

17. Income ratio of Ramesh and Suresh is 5:6. Their spending ratio is 7:9. Ramesh saves 4000
and Suresh saves 3000. Income and spending respectively of Ramesh and Suresh are
a. Ramesh - 25000, 21000; Suresh – 30000, 27000
b. Ramesh - 36000, 32000; Suresh – 30000, 27000
c. Ramesh - 30000, 27000; Suresh – 36000, 32000
d. None of the above

18. 10/13 = 11/28 = 21/11 = 12/11 = K. What is K?
a. 6/7
b. 12/13
c. 10/11
d. 59/63

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19. Find the mean proportional between 7 and 63?
a. 35
b. 21
c. 27
d. 30

20. Find A:B:C:D when A:B = 2:3 ; B:C = 7:9 ; C:D = 5:7
a. 70 : 105 : 135 : 189
b. 105 : 115 : 236 :189
c. 70 : 124 : 155 : 201
d. 12 : 78 : 256 : 189

21. What is 4
th
proportional in 9, 13 and 153?
a. 251
b. 181
c. 175
d. 221

22. Ratio of two numbers is 3:8. On adding 5 to both numbers, the ratio becomes 2:5. Which is
the smaller number out of the two?
a. 64
b. 120
c. 45
d. 105

23. The 3
rd
proportional to 18 and 54 is?
a. 144
b. 72
c. 162
d. 972

24. 285 is summation of 3 numbers. Ratio between 2
nd
and 3
rd
numbers is 6:5. Ratio between
1
st
and 2
nd
numbers is 3:7. The 3
rd
number is?
a. 135
b. 150
c. 124
d. 105

25 Which of the following two ratios is greater 17:18 and 10:11?
a. 17/18
b. 10/11
c. Both are same
d. Cannot determine

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26 wo numbers are in the ratio of 6 : 8. If 10 is subtracted from each, the new numbers are in the
ratio 16 : 32. Find the smaller number.
a. 22
b. 12
c. 38
d. 15

27. It was intended that Rs. 585 be divided among P, Q and R in the ratio of 4 : 3 : 2, but by
mistake the distribution was made in the proportion of 1/4 : 1/3 : 1/2. How much does 'R' gain by
the error?
a. Rs. 99
b. Rs. 126
c. Rs. 140
d. Rs. 152
e. None of these

28. a : b : : 3 : 5, b : c : : 4 : 3 and c : d : : 4 : 5, a : d = ?
a. 4 :5
b. 16 : 25
c. 64 : 25
d. 64 : 125
e. 16 : 125

29. By giving Rs. 50 to M, A would have the amount equal to what M had earlier. If the sum of
the amounts with A and M is Rs. 650. What is the ratio of the amount with A to that with M
earlier?
a. 7 : 4
b. 5 : 3
c. 2 : 1
d. 7 : 6

30. By giving Rs. 50 to M, A would have the amount equal to what M had earlier. If the sum of
the amounts with A and M is Rs. 650. What is the ratio of the amount with A to that with M
earlier?
a. 7 : 4
b. 5 : 3
c. 2 : 1
d. 7 : 6
e. 2 : 3

31. What will be the fraction of 20%
a. 1/4
b. 1/5
c. 1/10
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d. None of above
32. What will be the fraction of 4%
a. 1/20
b. 1/5
c. 1/75
d. 1/25
33.The ratio 5:20 expressed as percent equals to
a. 50 %
b. 125 %
c. 25 %
d. None of above

34.2.09 can be expressed in terms of percentage as
a. 2.09%
b. 20.9%
c. 209%
d. 0.209%

35.Half of 1 percent written as decimal is
a. 5
b. 0.5
c. 0.05
d. 0.005
36.What is 15 percent of 34
a. 5.10
b. 4.10
c. 3.10
d. 2.10

37.A’s salary is 50% more than B’s. How much percent is B’s salary less than A’s?
a. 33(1/4)%
b. 33(1/3)%
c. 33(1/2)%
d. 33%

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38.The price of cooking oil has increased by 25%. By what percent should a family reduce the
consumption of cooking oil so as not to increase the expenditure in this account?
a. 20%
b. 25%
c. 18%
d. 16%

39.Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%.
What was his ultimate loss?
a. 0%
b. 10%
c. 1%
d. 5%

40. 5% of 5% of Rs. 100 is
a. Rs. 0.25
b. Rs. 0.50
c. Rs. 10
d. Rs. 25

ANSWER KEY
1a
2a
3a
4a
5d
6a
7b
8b
9a
10b
11b
12c
13c
14a
15a
16d
17a
18a
19b
20a
21d
22c
23c
24d
25a
26d
27c
28b
29d
30d
31b
32d
33c
34c
35d
36a
37b
38a
39c
40a

UNIT2: PROFIT AND LOSS

Multiple Choice Questions

1. person sold a stove for Rs. 423 and incurred a loss of 6%. At what price would it be sold so as
to earn a profit of 8%?
a. Rs. 525
b. Rs. 500
c. Rs. 490
d. Rs. 486

2. A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent
is
a. 10%
b. 15%
c. 20%
d. 25%
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3. A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains 20%, the cost price of the
car for A was
a. Rs. 25000
b. Rs. 50000
c. Rs. 37500
d. Rs. 60000

4. Ramesh sold a statue for a price 25% higher than the original price of the statue. He had
however bought the statue at 20% discount on the original price. With the profit of Rs. 2025, find
the original price of the statue.
a. Rs. 6000
b. Rs. 7500
c. Rs. 3500
d. Rs. 4500

5. If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is
a. 25% loss
b. 20% loss
c. 25% gain
d. 20% gain

6. Two bicycles were sold for Rs. 3990 each, gaining 5% on one and losing 5% on the other. The
gain or loss percent on the whole transaction is
a. Neither gain nor loss
b. 2.5% gain
c. 2.5% loss
d. 0.25% loss

7. The ratio of cost price and selling price is 4:5. The profit percent is
a. 10%
b. 20%
c. 25%
d. 30%

8. If a person sells a ‘sari’ for Rs. 5200, making a profit of 30%, then the cost price of the sari is
a. Rs. 4420
b. Rs. 4000
c. Rs. 3900
d. Rs. 3800

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9. A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price.
The ratio of the cost price and printed price of the book is?
a. 20:23
b. 23:20
c. 16:23
d. 23:16

10. Simran bought pet food worth Rs. 56000. She then sold 1/3
rd
of it incurring a loss of 40%.
What profit she must earn on rest of the supplies to nullify this loss?
a. 25%
b. 20%
c. 45%
d. 50%

11. Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he
sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?
a. Loss = 4%
b. Loss = 16%
c. Profit = 16%
d. Profit = 4%

12. Suman buys 160 chocolates for Rs. 480. She wanted to earn 30% profit by selling them. But
Rakesh visited her and she gave him 25% of those chocolates at the cost price itself. But even
after doing this, she earned a profit of 30% as decided. For how much did she sell each
chocolate?
a. Rs. 3.8
b. Rs. 4.2
c. Rs. 6
d. Rs. 3

13. Guddi buys some oranges in a shop at 4 per rupee. She goes to other shop and buys same
number of oranges at 5 per rupee. She then combines them in a basket and sells them at 4 per
rupee. Will she get a profit or loss? And how much?
a. Profit = 100/9 %
b. Loss = 100/9 %
c. Profit = 116/9 %
d. Loss = 116/9 %

14. Chaman sells 40 fans at 10% profit. He wants a total of 20% profit on the entire sale. Since
he got 160 fans at rate of Rs. 100 each, at what profit must he sell the remaining fans?
a. 70/3%
b. 160/58%
c. 30%
d. 100/3%
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15. Uma wants to gain 15% profit on her sale of sugar. She buys 120 kg of sugar at Rs. 24 per kg
to mix with 180 kg of sugar bought at Rs. 28 per kg. She sells the sugar mix at ….
a. Rs. 8159
b. Rs. 9108
c. Rs. 9756
d. Rs. 8564

16. Rohit got profit of 11½% by selling his old car. However he realized that had he sold it for
Rs. 8100 more, his profit would be 38.5%. At what price did he buy the car?
a. Rs. 44500
b. Rs. 55000
c. Rs. 41000
d. Rs. 30000

17. Rambabu sells paper planes at the rate of 20 planes for Re. 1. If he gets profit of 20%, how
many planes did he buy in 1 rupee?
a. 16
b. 40
c. 24
d. 36

18. A cheater manipulated his weighing machine so that it shows 1kg for 970 grams. How much
profit does he get?
a. 397/100%
b. 0.3 %
c. 0.03%
d. 300/97%

19. Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price
should he sell the vase?
a. Rs. 4320
b. Rs. 5760
c. Rs. 1440
d. Rs. 3500

20. A sold a car to B at a profit of 25%. B incurred loss of 15% while selling the same car to C.
A spent Rs. 50000 for this car. At what price did C buy it?
a. Rs. 62500
b. Rs. 60000
c. Rs. 53125
d. Rs. 90000
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Business Mathematics MCQs

Business Mathematics MCQs

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