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CA Foundation Profit And Interest — practice questions

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Profit And Interest questions and exercises with answers

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Worked practice questions

CA Foundation · Quant · Higher or Lower — Profit %

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Questions
  1. A
    CP ₹100, SP ₹125 → 25 % profit
    B
    CP ₹100, SP ₹110 → 10 % profit
    Higher value
    CP ₹100, SP ₹125 → 25 % profit
  2. A
    CP ₹200, SP ₹260 → 30 % profit
    B
    CP ₹500, SP ₹600 → 20 % profit
    Higher value
    CP ₹200, SP ₹260 → 30 % profit
  3. A
    Discount of 20 % on ₹500
    B
    Discount of 10 % on ₹500
    Higher value
    Discount of 20 % on ₹500
  4. A
    Compound interest at 10 % for 2 yr
    B
    Simple interest at 10 % for 2 yr
    Higher value
    Compound interest at 10 % for 2 yr
  5. A
    SI on ₹1000 at 5 % for 3 yr
    B
    SI on ₹1000 at 4 % for 3 yr
    Higher value
    SI on ₹1000 at 5 % for 3 yr
Instructions
Tap the option with the LARGER value.

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