CMAT Profit, Loss, and Interest Questions

CMAT 2024 Profit, Loss, and Interest questions

Question 1

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


Question 2

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 ?


Question 3

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:


Question 4

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 :


Question 5

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:

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