CMAT Profit, Loss, and Interest Questions

Sudhir purchased a chair with three successive discounts of 20%, 12.5% and 5%. The equivalent single discount is:

A person buys two watches for a total sum of Rs. 1,000. He sells one watch at a loss of 5% and the other at a gain of 20% and on the whole, he gains Rs. 50. Th e cost prices of the two watches are:

Even after reducing the marked price of an item, by Rs. 32, a shopkeeper makes a profit of 15%. If the cost price is Rs. 320, what percentage of profit would he have made, if he had sold the item at the marked price?

Equal amounts of each ₹ 1,000 is lent to two persons for 3 years one @ 30% simple interest and second at 30% compound interest annually. By how much percent is the compound interest greater than the simple interest received in this 3 years duration.

A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some thieves. Trying to compensate for his loss he sold the rest of his consignment by increasing his selling price by 20%. What is the new percentage profit or loss?

A person sold an article for ₹ 136 and incurred 15% loss. Had he sold it for ₹ $$x$$, he would have obtained a profit of 15%. Which one of the following is correct ?

Ramesh purchased two mobile phones from a shop. He sold first mobile phone at the price of ₹ 18750 and the second mobile phone at the price of ₹ 14250. If the profit percent on first mobile phone is five times of the loss percent on the second mobile phone, then find out the overall profit made by Ramesh after selling both the mobile phones, given that he purchased both at same cost.

A vegetable vendor by means of his false balance defrauds to the extent of 10% in buying goods and also defrauds to 10% in selling, then the gain percent is

Ravi took a loan from HDBC Bank for his 2-year MBA program at IIM. He took the loan of ₹ 6 lakh such that he would be charged at 8% per annum compound interest during his program and at 10% per annum compound interest after completion of course. He returned half of the amount which he had to pay on the completion of his program and remaining after 2 years. What is the total amount returned by Ravi?

A dishonest dealer sells his goods at 10 % loss on cost price and uses 30 % less weight. What is his profit or loss percentage ?

Ramesh invests ₹1,200 at 5 % simple interest. How much additional money must he invest at 8 % simple interest so that his total annual income will be equal to 6 % of his total investment during this year ?

Given below are two statements :

Statement I :
In order to get a mixture worth ₹ 16.5/kg , a grocer needs to mix two varieties of pulses
costing ₹ 15 and ₹ 20 per kg respectively in the ratio 7 : 3.

Statement II :
A merchant has 1000 kg rice, part of which he sells at 8 % profit and the rest at 16 % profit. He gains 14 % on the whole. The quantity of rice sold at 16 % profit is 750 kg.
In the light of the above statements, choose the correct answer from the option given below:

A certain amount of money at compound interest grows to ₹66,550 in 3 years and ₹73,205 in 4 years. The rate percent per annum is :

In terms of percentage profit, arrange the following transactions in decreasing order.
(A) Cost price : ₹36, Profit: ₹17
(B) Cost price : ₹50, Profit : ₹24
(C) Cost price : ₹40, Profit : ₹19
(D) Cost price : ₹60, Profit : ₹29
Choose the correct answer from the options given below: