CA Foundation · Quant · Higher or Lower — Profit %

Exercise and reference answers

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.