Unit 1

Commission, Brokerage and Premium

Banking and Taxation and Calendar

Simple and compound interest

Q1: An agent sold Rs. 3,000 worth of articles on 4½ % commission basis. Find the commission of the
agent.

A) Rs120 B) Rs140 C) Rs135 D) Rs125

Q 2 An agent was paid Rs. 1596 as commission at rate 12% on the sale of bicycles. The selling price of
each bicycle was Rs. 950. Find the number of bicycles sold by the agents.

A) 12 B) 14 C) 16 D) 18

Q 3. An insurance agent gets commission of 20% on first year premium, 6% on second and third year‘s
premium and 4% on subsequent years premium on an insurance policy of Rs. 40,000. Annual rate of
premium being Rs. 30 per thousand. Find the total earning of the agent for which 5 annual premiums have
been paid.

A) Rs460 B) Rs 480 C) Rs500 D) Rs520

Q. 4 - At 7% rate of commission, a sales girl, got Rs. 210 on the sale of combs. Find the value of the sale
if the price of each comb is Rs. 15 per container. Find the number of containers sold by the sales girl.

A) 46 B) 40 C) 15 D) 52

Q 5 Find the commission on total sales worth Rs. 25,000, if the rate of commission is 3% on first Rs.
10,000 and 4½ on sales over Rs. 10,000.

A) Rs460 B) Rs 975 C) Rs1050 D) Rs250

Answers : Q1 C Q2 B Q3 B Q4 C Q5 B

Simple and compound Interests:

1-Calculate the compound interest on Rs. 9,000 in 2 years when the rate of interest for successive
years are 10% and 12% respectively.
(A) Rs. 1,288
(B) Rs. 2,088
(C) Rs. 2,588
(D) Rs. 4,256
2-A certain sum of money in simple interest scheme amount to Rs. 8,880 in 6 years and Rs. 7,920 in
4 years respectively. Find the principal and rate percent.
(A) Principal = 6,000, rate = 8%
(B) Principal = 6,300, rate = 8%
(C) Principal = 6,000, rate = 7.5%
(D) Principal = 6,300, rate = 7.5%

3-In how much time will a sum of Rs. 1600 amount to Rs. 1852.20 at 5% per annum compound
interest?
(A) 1 year
(B) 2 years
(C) 3 years
(D) 4 years

4-Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it
would amount to
(A) Rs. 992
(B) Rs. 1056
(C) Rs. 1112
(D) Rs. 1182

5-Find the compound interest on Rs. 1000 for 10 years at 4% per annum if the interest is calculated
quarterly
(A) 398
(B) 478
(C) 486
(D) 504

6- A sum invested under compound interest doubles itself in 10 years. In how many years will it
become 8 times of the initial amount?
(A) 15 years
(B) 20 years
(C) 25 years
(D) 30 years

7-A sum of Rs. 2,500 deposited in a bank gives an interest of Rs. 100 in 6 months. What will be
the interest on Rs. 3,200 for 9 months at the same rate of interest?
(A) Rs. 178
(B) Rs. 192
(C) Rs. 198
(D) Rs. 208

8-A sum of money becomes 1.331 times in 3 years as compound interest. The rate of interest is
(A) 7%
(B) 8.5%
(C) 10%
(D) 12.5%

9- The difference between the interest received from two different banks on Rs. 500 for. 2 years, is Rs.
2.50. The difference between their rates is
(A) 0.25%
(B) 0.5%
(C) 1%
(D) 1.5%

10-Tharun makes a deposit of Rs. two lakhs in a bank for 5 years. If the rate of interest is 8% per
annum. Find .the maturity value at the end of 5 years.
(A) 2,00,000
(B) 2,40,000
(C) 2,60,000
(D) 2,80,000

Answers : Q1 BQ2 A Q3 C Q4 A Q5 C Q6 D Q7 B Q8 C Q9 A Q10 D

Unit 2

Profit and Loss

Percentage

Ratio and Proportions

Averages

1) A person sold a stove for Rs. 423 and incurred a loss of 6%. At what price would it be sold so as to earn a profit
of 8%?

a. Rs. 525
b. Rs. 500
c. Rs. 490
d. Rs. 486

2) A fruit seller buys lemons at 2 for a rupee and sells then at 5 for three rupees. His gain percent is

a. 10%
b. 15%
c. 20%
d. 25%
3) A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains 20%, the cost price of the car for A was

a. Rs. 25000
b. Rs. 50000
c. Rs. 37500
d. Rs. 60000
4) Ramesh sold a statue for a price 25% higher than the original price of the statue. He had however bought the
statue at 20% discount on the original price. With the profit of Rs. 2025,

find the original price of the statue.

a. Rs. 6000
b. Rs. 7500
c. Rs. 3500
d. Rs. 4500
5) If selling price of 40 articles is equal to cost price of 50 articles, the loss or gain percent is
a. 25% loss

b. 20% loss
c. 25% gain
d. 20% gain

Q1 D Q2 C Q3 B Q4 D Q5 C

1) A’s salary is 50% more than B’s. How much percent is B’s salary less than A’s?

a. 33(1/4)%
b. 33(1/3)%
c. 33(1/2)%
d. 33%
2) The price of cooking oil has increased by 25%. By what percent should a family reduce the consumption of
cooking oil so as not to increase the expenditure in this account?

a. 20%
b. 25%
c. 18%
d. 16%

3) Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimat
loss?
a. 0%

b. 10%
c. 1%
d. 5%

4) In a country 55% population is female. 80% of the male population is literate. How much of females are literate
total literacy is 58%?

a. 45%
b. 55%
c. 40%
d. 22%

5) Two numbers are less than a third number by 30% and 37% respectively. How much percent is the second
number less than the first?

a. 7%
b. 10%
c. 4%
d. 3%
Answers: Q1 B Q2 A Q3 C Q4 C Q5 B

Ratio and Proportions

Question 1.
The cost of a pen is ₹ 10. The cost of a penci1 is ₹ 2. How many times of the cost of a pencil is the cost of
a pen?
(a) 5 times
(b) 2 times
(c) 10 times
(d) none of these.

Question 2.
The monthly salary of Hari Kishan is ₹ 80000. The monthly salary of Manish is ₹ 40000. How many
times of the salary of Manish is the salary of Hari Kishan?
(a) 2 times
(b) 4 times
(c) 3 times
(d) 8 times.

Question 3.
There are 30 boys and 20 girls in a class. The ratio of the number of girls to the number of boys is
(a) 2:3
(b) 3:2
(c) 2:5
(d) 3:5.

Question 4.
There are 25 boys and 25 girls in a class. The ratio of the number of boys to the total number of students
is
(a) 1:2
(b) 1 : 3
(c) 2:3
(d) 3:2.

Question 5.
The height of Apala is 150 cm. The height of Pari is 120 cm. The ratio of the height of Apala to the height
of Pari is
(a) 4:5
(b) 5:4
(c) 5:2
(d) 4:1.

Answers : Q1 A Q2 A Q3 A Q4 A Q5 B

Averages
1)The average age of 30 students is 9 yr. If the age of their teacher is included, it becomes 10 yr. the
age of the teacher (in yr) is
a)27

b) 31

c) 35

d) 40

2) The average of 50 numbers is 38. If two numbers, namely 45 and 55 are discarded, the average of
remaining numbers is
a) 36.5

b) 37

c) 37.5

d) 37.52

3) The average of 11 observations is 60. If the average of first five observations is 58 and that of the
last five is 56, then the sixth observation is
a) 90

b) 110

c) 85

d) 100

View Answer

4) The average age of a class is 15.8 yr. the average age of the boys in the class is 16.4 yr while that
of the girls is 15.4 yr. what is the ratio of boys to girls in the class?
a) 1:2

b) 3:4

c) 3:5

d) None of these
5) Five years ago, the average age of P and Q was 15 yr. Average age of P,Q and R today is 20 yr.
how old will R be after 10 yr ?
a) 35 yr

b) 40 yr

c) 30 yr

d) 50 yr

Answers : Q1 D Q2 C Q3 A Q4 D Q5 C

Unit 3

Matrix and Determinant

Permutation & Combination

Question 1.
Question 2.

Question 3.

Question 4.
The area of a triangle with vertices (-3, 0), (3, 0) and (0, k) is 9 sq. units. The value of k will be
(a) 9
(b) 3
(c) -9
(d) 6

Question 5.

(a) 0
(b) -1
(c) 2
(d) 3
Question 6.

Question 7.

Compute (AB)-1, If

Question 8.
Question 9

Question 10.

Question 11.

Find the area of the triangle with vertices P(4, 5), Q(4, -2) and R(-6, 2).
(a) 21 sq. units
(b) 35 sq. units
(c) 30 sq. units
(d) 40 sq. units

Question 12.
If the points (3, -2), (x, 2), (8, 8) are collinear, then find the value of x.
(a) 2
(b) 3
(c) 4
(d) 5

Question 13.
Using determinants, find the equation of the line joining the points (1, 2) and (3, 6).
(a) y = 2x
(b) x = 3y
(c) y = x
(d) 4x – y = 5

Question 14.

Question 15.

Answers: Q1 B Q2 B Q3 B Q4 B Q5 A Q6 A Q7 A Q8 A Q9 A Q10 B Q11 B Q12 B Q13 A Q14 B

Permutation & Combination

Question 1.
There are 12 points in a plane out of which 5 are collinear. The number of triangles formed by the points
as vertices is
(a) 185
(b) 210
(c) 220
(d) 175

Question 2.
The number of combination of n distinct objects taken r at a time be x is given by
(a) n/2Cr
(b) n/2Cr/2
(c) nCr/2
(d) nCr

Question 3.
Four dice are rolled. The number of possible outcomes in which at least one dice show 2 is
(a) 1296
(b) 671
(c) 625
(d) 585

Question 4.
If repetition of the digits is allowed, then the number of even natural numbers having three digits is
(a) 250
(b) 350
(c) 450
(d) 550

Question 5.
The number of ways in which 8 distinct toys can be distributed among 5 children is
(a) 58
(b) 85
(c) 8P5
(d) 5P5

Question 6.
The value of P(n, n – 1) is
(a) n
(b) 2n
(c) n!
(d) 2n!

Question 7.
In how many ways can 4 different balls be distributed among 5 different boxes when any box can have
any number of balls?
(a) 54 – 1
(b) 54
(c) 45 – 1
(d) 45

Question 8.
The number of ways of painting the faces of a cube with six different colors is
(a) 1
(b) 6
(c) 6!
(d) None of these

Question 9.
Out of 5 apples, 10 mangoes and 13 oranges, any 15 fruits are to be distributed among 2 persons. Then
the total number of ways of distribution is
(a) 1800
(b) 1080
(c) 1008
(d) 8001
Question 10.
6 men and 4 women are to be seated in a row so that no two women sit together. The number of ways
they can be seated is
(a) 604800
(b) 17280
(c) 120960
(d) 518400

Question 11.
The number of ways can the letters of the word ASSASSINATION be arranged so that all the S are
together is
(a) 152100
(b) 1512
(c) 15120
(d) 151200

Question 12.
If repetition of the digits is allowed, then the number of even natural numbers having three digits is
(a) 250
(b) 350
(c) 450
(d) 550

Question 13.
Let Tn denote the number of triangles which can be formed using the vertices of a regular polygon on n
sides. If Tn+1 – Tn = 21, then n equals
(a) 5
(b) 7
(c) 6
(d) 4

Question 14.
How many ways are here to arrange the letters in the word GARDEN with the vowels in alphabetical
order?
(a) 120
(b) 240
(c) 360
(d) 480

Question 15.
How many factors are 25 × 36 × 52 are perfect squares
(a) 24
(b) 12
(c) 16
(d) 22
Question 16.
A student is to answer 10 out of 13 questions in an examination such that he must choose at least 4 from
the first five questions. The number of choices available to him is
(a) 40
(b) 196
(c) 280
(d) 346

Question 17.
Four dice are rolled. The number of possible outcomes in which at least one dice show 2 is
(a) 1296
(b) 671
(c) 625
(d) 585

Question 18.
In how many ways in which 8 students can be sated in a line is
(a) 40230
(b) 40320
(c) 5040
(d) 50400

Question 19.
The number of squares that can be formed on a chess board is
(a) 64
(b) 160
(c) 224
(d) 204

Question 20.
How many 3-letter words with or without meaning, can be formed out of the letters of the word,
LOGARITHMS, if repetition of letters is not allowed
(a) 720
(b) 420
(c) none of these
(d) 5040

Answers: Q1 B, Q2 D Q3 B Q4 C Q5 A Q6 C Q7 B Q8 A Q9 C Q10 A Q11 D Q12 C Q13 B Q14 C

Unit 4

Linear programing Problem

Question 1.
Feasible region in the set of points which satisfy
(a) The objective functions
(b) Some the given constraints
(c) All of the given constraints
(d) None of these

Question 2.
Of all the points of the feasible region for maximum or minimum of objective function the points
(a) Inside the feasible region
(b) At the boundary line of the feasible region
(c) Vertex point of the boundary of the feasible region
(d) None of these

Question 3.
Objective function of a linear programming problem is
(a) a constraint
(b) function to be obtimized
(c) A relation between the variables
(d) None of these

Question 4.
A set of values of decision variables which satisfies the linear constraints and nn-negativity conditions of
a L.P.P. is called its
(a) Unbounded solution
(b) Optimum solution
(c) Feasible solution
(d) None of these

Question 5.
The maximum value of the object function Z = 5x + 10 y subject to the constraints x + 2y ≤ 120, x + y ≥
60, x – 2y ≥ 0, x ≥ 0, y ≥ 0 is
(a) 300
(b) 600
(c) 400
(d) 800

Question 6.
The maximum value of Z = 4x + 2y subject to the constraints 2x + 3y ≤ 18, x + y ≥ 10, x, y ≤ 0 is
(a) 36
(b) 40
(c) 30
(d) None of these

Question 7.
In equation 3x – y ≥ 3 and 4x – 4y > 4
(a) Have solution for positive x and y
(b) Have no solution for positive x and y
(c) Have solution for all x
(d) Have solution for all y

Question 8.
The maximum value of Z = 3x + 4y subjected to contraints x + y ≤ 40, x + 2y ≤ 60, x ≥ 0 and y ≥ 0 is
(a) 120
(b) 140
(c) 100
(d) 160

Question 9.
Maximize Z = 11 x + 8y subject to x ≤ 4, y ≤ 6, x + y ≤ 6, x ≥ 0, y ≥ 0.
(a) 44 at (4, 2)
(b) 60 at (4, 2)
(c) 62 at (4, 0)
(d) 48 at (4, 2)

Question 10.
Maximize Z = 3x + 5y, subject to x + 4y ≤ 24, 3x + y ≤ 21, x + y ≤ 9, x ≥ 0, y ≥ 0
(a) 20 at (1, 0)
(b) 30 at (0, 6)
(c) 37 at (4, 5)
(d) 33 at (6, 3)

Question 11.
Maximize Z = 4x + 6y, subject to 3x + 2y ≤ 12, x + y ≥ 4, x, y ≥ 0
(a) 16 at (4, 0)
(b) 24 at (0, 4)
(c) 24 at (6, 0)
(d) 36 at (0, 6)

Question 12.
Maximize Z = 7x + 11y, subject to 3x + 5y ≤ 26, 5x + 3y ≤ 30, x ≥ 0, y ≥ 0
(a) 59 at (9/2, 5/2)
(b) 42 at (6, 0)
(c) 49 at (7, 0)
(d) 57.2 at (0, 5.2)

Question 13.
Maximize Z = 6x + 4y, subject to x ≤ 2, x + y ≤ 3, -2x + y ≤ 1, x ≥ 0, y ≥ 0
(a) 12 at (2, 0)
(b) 140/3 at (2/3, 1/3)
(c) 16 at (2, 1)
(d) 4 at (0, 1)
Question 14.
Maximize Z = 10 x1 + 25 x2, subject to 0 ≤ x1 ≤ 3, 0 ≤ x2 ≤ 3, x1 + x2 ≤ 5
(a) 80 at (3, 2)
(b) 75 at (0, 3)
(c) 30 at (3, 0)
(d) 95 at (2, 3)

Question 15.
Z = 20x1 + 202, subject to x1 ≥ 0, x2 ≥ 0, x1 + 2x2 ≥ 8, 3x1 + 2x2 ≥ 15, 5x1 + 2x2 ≥ 20. The minimum value
of Z occurs at
(a) (8, 0)
(b) (5/2, 15/4)
(c) (7/2, 9/4)
(d) (0, 10)

Answers : Q1 C Q2 C Q3 B Q4 C Q5 B Q6 D Q7 A Q8 B Q9 B Q10 C Q11 D Q12 A Q13 C Q14