Business Mathematics MCQs and Notes

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📊 Business Mathematics
Q. 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
💬 Discuss
✅ Correct Answer: (C) rs. 53125
📊 Business Mathematics
Q. 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
💬 Discuss
✅ Correct Answer: (A) rs. 4320
📊 Business Mathematics
Q. 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%
💬 Discuss
✅ Correct Answer: (D) 300/97%
📊 Business Mathematics
Q. 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
💬 Discuss
✅ Correct Answer: (C) 24
📊 Business Mathematics
Q. 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
💬 Discuss
✅ Correct Answer: (D) rs. 30000
📊 Business Mathematics
Q. 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
💬 Discuss
✅ Correct Answer: (A) rs. 8159
📊 Business Mathematics
Q. 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%
💬 Discuss
✅ Correct Answer: (B) 160/58%
📊 Business Mathematics
Q. 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 %
💬 Discuss
✅ Correct Answer: (C) profit = 116/9 %
📊 Business Mathematics
Q. 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%
💬 Discuss
✅ Correct Answer: (A) loss = 4%
📊 Business Mathematics
Q. Simran bought pet food worth Rs. 56000. She then sold 1/3rd 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%
💬 Discuss
✅ Correct Answer: (B) 20%

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