Unit 2: Percentage and Profit and Loss - Practice Quiz

PEA515 — Analytical Skills-I 60 Questions
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1 What is of ?

Calculation of percentage Easy
A.
B.
C.
D.

2 is what percent of ?

Calculation of percentage Easy
A.
B.
C.
D.

3 is what percent more than ?

Percentage comparison Easy
A.
B.
C.
D.

4 Which fraction is equal to ?

Percentage to fraction conversion Easy
A.
B.
C.
D.

5 Which fraction is equal to ?

Percentage to fraction conversion Easy
A.
B.
C.
D.

6 A number is increased by and then increased by another . What is the total percentage increase?

Successive percent change Easy
A.
B.
C.
D.

7 A student scores marks out of . What percentage of marks did the student obtain?

Problems based on marks Easy
A.
B.
C.
D.

8 The pass mark is of . How many marks are required to pass?

Problems based on marks Easy
A.
B.
C.
D.

9 In an election, a candidate receives of votes. How many votes does the candidate receive?

Problems based on elections Easy
A.
B.
C.
D.

10 A town has a population of . If it increases by , what is the new population?

Problems based on population Easy
A.
B.
C.
D.

11 The actual length is cm, but it is measured as cm. What is the percentage error?

Percentage error Easy
A.
B.
C.
D.

12 The price at which a shopkeeper buys an article is called its:

Concept of cost price, selling price, and marked price Easy
A. Selling price
B. Discount price
C. Cost price
D. Marked price

13 An article has a cost price of and a selling price of . Which statement is correct?

Concept of cost price, selling price, and marked price Easy
A. There is a profit of
B. There is a loss of
C. There is a loss of
D. There is a profit of

14 An article is bought for and sold for . What is the profit percentage?

Calculation of profit and loss percentage Easy
A.
B.
C.
D.

15 An article is bought for and sold for . What is the loss percentage?

Calculation of profit and loss percentage Easy
A.
B.
C.
D.

16 The marked price of a shirt is . What is its selling price after a discount of ?

Problems on discount Easy
A.
B.
C.
D.

17 A shopkeeper charges the cost price of kg but gives only g. What is the approximate gain percentage?

Faulty weight Easy
A.
B.
C.
D.

18 The cost price of pens equals the selling price of pens. What is the profit percentage?

Number of articles Easy
A.
B.
C.
D.

19 Two articles are sold for each. One is sold at a profit of and the other at a loss of . What is the overall result?

Common selling price Easy
A. A loss of
B. No profit or loss
C. A loss of
D. A profit of

20 An article marked at is sold for . What is the discount percentage?

Problems on discount Easy
A.
B.
C.
D.

21 What is of ?

Calculation of percentage Medium
A.
B.
C.
D.

22 A quantity increases from to . By what percentage is the original quantity less than the new quantity?

Percentage comparison Medium
A.
B.
C.
D.

23 Express as a fraction in its simplest form.

Percentage to fraction conversion Medium
A.
B.
C.
D.

24 The price of an item is increased by and then decreased by . What is the net percentage change?

Successive percent change Medium
A. increase
B. decrease
C. increase
D. increase

25 A student scores marks and fails by marks. If the passing percentage is , what is the maximum possible mark?

Problems based on marks Medium
A.
B.
C.
D.

26 In an election, the winner receives of the total votes and defeats the opponent by votes. How many votes are polled in total?

Problems based on elections Medium
A.
B.
C.
D.

27 A town has a population of . If it increases by in one year and by in the next year, what is its population after two years?

Problems based on population Medium
A.
B.
C.
D.

28 An object is measured as cm instead of its actual length of cm. What is the percentage error?

Percentage error Medium
A.
B.
C.
D.

29 An article is marked above its cost price and sold after allowing a discount of on the marked price. What is the profit percentage?

Concept of cost price, selling price, and marked price Medium
A.
B.
C.
D.

30 An article bought for is sold for . What is the profit percentage?

Calculation of profit and loss percentage Medium
A.
B.
C.
D.

31 An article marked at is offered successive discounts of and . What is its selling price?

Problems on discount Medium
A.
B.
C.
D.

32 A shopkeeper sells g of an article while claiming to give kg, charging the cost price for kg. What is his gain percentage?

Faulty weight Medium
A.
B.
C.
D.

33 A trader buys articles for and sells articles for . What is the profit percentage?

Number of articles Medium
A.
B.
C.
D.

34 Two articles are sold at a common selling price of each. One gives a profit of and the other gives a loss of . What is the overall result?

Common selling price Medium
A. gain
B. gain
C. loss
D. No profit or loss

35 A score of is what percentage more than a score of ?

Percentage comparison Medium
A.
B.
C.
D.

36 The side of a square is measured as more than its actual value. Approximately what percentage error occurs in the calculated area?

Percentage error Medium
A.
B.
C.
D.

37 A student obtains marks out of a total of . What percentage of marks does the student obtain?

Problems based on marks Medium
A.
B.
C.
D.

38 In an election, of the votes are invalid. The winner receives of the valid votes, and the loser receives the rest. If the winner's margin is votes, what is the total number of votes polled?

Problems based on elections Medium
A.
B.
C.
D.

39 A city's population decreases by and then increases by . If its initial population was , what is the final population?

Problems based on population Medium
A.
B.
C.
D.

40 An article is sold for after allowing a discount of on its marked price. What is the marked price?

Problems on discount Medium
A.
B.
C.
D.

41 If of equals of , and is less than , then is what percentage of ?

Calculation of percentage Hard
A.
B.
C.
D.

42 A's income is more than B's income, A's savings are more than B's savings, and A's expenditure is more than B's expenditure. By how many percentage points does B's saving rate exceed A's saving rate?

Percentage comparison Hard
A. percentage points
B. percentage points
C. percentage points
D. percentage points

43 If of is equal to of , what is the ratio ?

Percentage to fraction conversion Hard
A.
B.
C.
D.

44 A quantity is increased by , then decreased by . By what percentage must the resulting quantity be decreased so that the final value is exactly above the original value?

Successive percent change Hard
A.
B.
C.
D.

45 The maximum marks of three papers are in the ratio . A student scores , , and in the respective papers and fails to obtain the required aggregate of by marks. What are the total maximum marks?

Problems based on marks Hard
A.
B.
C.
D.

46 In a two-candidate election, of registered voters abstained and of the votes cast were invalid. The winner received of the valid votes and won by votes. How many voters were registered?

Problems based on elections Hard
A.
B.
C.
D.

47 A town's population increases by in the first year and decreases by in the second year. What percentage increase in the third year is required to restore the original population?

Problems based on population Hard
A.
B.
C.
D.

48 The measured diameter of a cylinder is greater than its actual diameter, while its measured height is less than its actual height. What is the exact percentage error in the calculated volume?

Percentage error Hard
A. too low
B. too low
C. too high
D. too high

49 An article is marked above its cost price. Successive discounts of and are allowed. What is the resulting profit percentage?

Concept of cost price, selling price, and marked price Hard
A.
B.
C.
D.

50 Two articles are sold for the same selling price. One is sold at a profit of and the other at a loss of . What is the overall result?

Calculation of profit and loss percentage Hard
A. loss
B. profit
C. loss
D. loss

51 A shopkeeper marks an article above its cost price. After allowing successive discounts of and , the shopkeeper earns a profit of . Find .

Problems on discount Hard
A.
B.
C.
D.

52 A trader buys goods at a quoted rate of ₹ per kilogram, but the supplier gives kg for every kilogram billed. The trader sells at below the quoted rate while delivering only kg as one kilogram. What is the trader's profit percentage?

Faulty weight Hard
A.
B.
C.
D.

53 The selling price of articles equals the purchase cost of articles. If a commission equal to of gross sales is deducted, what is the net profit percentage on the original purchase cost?

Number of articles Hard
A.
B.
C.
D.

54 Two articles are sold at the same selling price. One is sold at a profit of and the other at a loss of . If the combined transaction results in a loss, what is ?

Common selling price Hard
A.
B.
C.
D.

55 Sixty percent of is more than of . Which statement correctly compares and ?

Calculation of percentage Hard
A. is less than
B. is less than
C. is more than
D. is more than

56 An article marked at ₹ is sold after two successive discounts. The first discount is . After adding tax to the discounted price, the customer pays ₹. What is the second discount?

Problems on discount Hard
A.
B.
C.
D.

57 A city's population rises by during a year. At the end of the year, of the resulting population migrates away, leaving residents. What was the population at the beginning of the year?

Problems based on population Hard
A.
B.
C.
D.

58 A candidate originally scores of the total marks. After revaluation, the score increases by of the candidate's original score, but the candidate still fails to reach the pass mark by marks. What are the total marks?

Problems based on marks Hard
A.
B.
C.
D.

59 The measured length of a rectangle is greater than its actual length, while the measured width is less than its actual width. What is the percentage error in its calculated area?

Percentage error Hard
A. too high
B. too low
C. too low
D. too high

60 An article originally earns a profit after a discount on its marked price. Its cost price later rises by , while the marked price remains unchanged. What discount should now be offered to earn an profit on the new cost price?

Concept of cost price, selling price, and marked price Hard
A.
B.
C.
D.