Business Math & Problem Solving

Practice problems covering geometry, algebra, interest calculations, profit/loss, partnerships, and speed-distance-time concepts.

12 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

Ashish travels a distance of 100 km in the following manner, at 20 kmph for the 1st 50 kms, at 25 kmph for the next 50 kms. He returns at a constant speed of 25kmph. What was his average speed for the journey?

  1. 22.5
  2. 23.52
  3. 24.6
  4. 22.35
Question 2 Multiple Choice (Single Answer)

A purchases a car at a discount of 20% from a wholesaler and sells it at a profit of 20% for Rs.1800. How much discount did he get from the wholesaler

  1. 360
  2. 385
  3. 370
  4. 375
Question 3 Multiple Choice (Single Answer)

If 20kg of rice cost Rs.200 less than 80 kgs of wheat. If a kg mixture of rice and wheat is in the proportion 2:3 and cost Rs.15, Find per kg cost of rice in Rs.

  1. 15
  2. 20
  3. 10
  4. None of these.
Question 4 Multiple Choice (Single Answer)

X is 25% more efficient than Y and his hourly wages are 25% more. If X is paid Rs.75, how much will Y receive for the same work?

  1. 65
  2. 90
  3. 75
  4. 110
Question 5 Multiple Choice (Single Answer)

A owes B a sum of Rs.5000 to be paid 6 months from today. If simple interest @12% p.a. is calculated, what sum shall A have to pay B, 4 months from now in full discharge of the debt?

  1. 4726
  2. 4824
  3. 4900
  4. 4906
Question 6 Multiple Choice (Single Answer)

The difference of 2 positive numbers is 80 and quotient obtained on dividing the one by the other is 9. Find the first number.

  1. 75
  2. 90
  3. 10
  4. 80
Question 7 Multiple Choice (Single Answer)

P,Q, R enter a partnership where they invest Rs. 20000, Rs. 30000, Rs. 40000 resp. P withdraws Rs. 10000 after 2 months, Q withdraws Rs. 15000 after 4 months and R withdraws Rs. 25000 after 8 months. What will be R’s share in the profit of Rs. 12474?

  1. 3564
  2. 3267
  3. 5643
  4. 5500
Question 8 Multiple Choice (Single Answer)

A company declares a dividend of 15% on Rs.150 shares. A man buys such shares and gets 10% on his investment. Find at what price he bought the shares?

  1. 255
  2. 356
  3. 225
  4. 240
Question 9 Multiple Choice (Single Answer)

If x sells for Rs.20 each, 250 Rs.10 share in a company which pays a dividend of 10% and then invests the proceeds of this sale in the purchase of Rs.5 shares in another company at Rs.4 each, find what difference is made in his income if the company pays a dividend of 4%?

  1. 50
  2. 66
  3. 105
  4. None of these.
Question 10 Multiple Choice (Single Answer)

X buys an apple from Y for Rs.5 and sells it to Z for Rs.10. He later buys the apple back from Z for Rs.12 and sells it to Y for Rs.15. What is his profit over the venture?

  1. 8
  2. 6
  3. 12
  4. 10
Question 11 Multiple Choice (Single Answer)

Three circles touch each other externally. If xy = 15 ,yz = 10, xz = 21 Find the radius of each circle.

  1. 13 ,8 ,2
  2. 14 , 5 ,9
  3. 10 ,13 ,12
  4. 5 ,6 ,3
Question 12 Multiple Choice (Single Answer)

If the diameter of a circle is increased by 100 %, find the % increase in the area.

  1. 200
  2. 300
  3. 100
  4. 250