Course: B.

Com hons 1 SUB: BUSINESS MATHS

Unit : 1 date :21/9/2017 CHAPTER 3:Percentage

QUESTIONS:

1. In measuring the side of a square,an error of 5%(in excess) is made.What is the error percentage
in calculated area ?
(ans. 10.25%)
2. The annual turnover of a firm has decreased by 2.5% for consecutive years.if its turnover is rs
118638 in the third year. find out his turnover in the first yr of these 3 yrs.
( ans. Rs.1,24,800)
3. The population of a city was 20000. If the number of males increases by 10%and number of
females decreases by 6%, then total population remains unchanged. find the number of males
and females.
(ans. 7500,12500)
4. A man gave 35% of his sum of money to his son and 25% to his daughter , 50% of the remaining
gave to a school still he has rs.2000 with him. Find his total sum.
(ans.10000)
5. In an election 5% of the votes cast are declared invalid. A candidate gets 60% of the total valid
votes and wins election by 760 votes. Find the total numbers of votes cast.
(ans 4000)
6. In an examination 70% examinees passed in business mathematics and 65% in financial
accounting while 15% failed in both subjects . if 2700 passed in both subjects, find total no of
examinees. (ans 5400)
7. On an increase in import duty by 25%, the price of a commodity increases by 10%.find out the
percent of import duty in the previous value of the commodity.
(ans.40%)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 1 date :25/9/2017 CHAPTER 3: Percentage

QUESTIONS:

1. A milkman has two types of milk. In one the percentage of water is 10 and in the second the
percentage of water is 20 . if he takes 90 litre of milk of type 1 and 60 litre of milk of type 2
and prepare a new mixture, what is the % of water in this new mixture .
(ans. 14)
2. In an examination of MPPSC there are 5 subjects and carry equal maximum marks.A
candidate’s marks are in proportion of 3:4:5:6:7 and his aggregate of marks is 3/5 of full
marks
(i) in how many subjects did he get more than 50% marks

(ii) in how many subjects did he get more than 20% of max. marks ?

( ans. 3, all)
 3. If ram earns 3% on 1/4th of his capital , 5% on 2/3rd of his capital and 11% on the remaining
capital. How much percentage of yield does he get on his total capital .
(ans. 5%)
4. Arun’s income is double than Basant. Basant’s income is 1/3rd of Chetan’s income. Chetan’s
income is 25% more than Dinesh and Irfan’s income is also rs.300 more than that of Dinesh.
If their total income is rs. 12450 . then find income of each.
(ans.Dinesh– 2700)
5. Due to a rise to 30% in railway fair the number of passenger goes down by 30%. Find the
percentage increase or decrease in income . (ans 9%)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date :27/9/2017 CHAPTER 1: Profit & Loss

QUESTIONS:

1. The selling price of 20 articles is equal to the cost price of 25 articles. Find the gain or loss percent.
(ans. Profit 25%)
2. A person sold a horse for rs.120 more than its cost and made a profit equal to 2/7 of its cost .find the
cost of the horse.
3. Murlidhar cheats 20% each time by using faulty weights in purchase and sale of goods. Find how
much percent he earns by this way?
(ans 50%)
4. A merchant purchased 25 baskets of fruits @ rs 2 per basket. The fruits of 5 baskets turned out bad
and were thrown off.find the selling price per basket if he wants 12.5% profit.

5. A merchant suffers a loss of 5% by selling a particular type of cloth at rs. 4.75 per metre.at what
price per metre should he sell that cloth so that he may gain a profit of 5%.
6. A sells a horse to B at a certain loss percent, and B sells it to C at the same loss percent. If C sells it
to D at the original cost price of A and gain 44%, what was the loss percent at which A sold.
( ans. 16 2/3 %)
7. Ku. Maya purchased two cows for rs. 1300. She sold one cow at a profit of 20% and another cow at
loss of 12% .If the sales prices of both the cows are same, find the purchase price of each cow.
 Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date :28/9/2017 CHAPTER 1: Profit & Loss

QUESTIONS:

1. Manohar charges the price of his goods 20% above the purchase price but allows 10% discount to his
customers. Thus he earns a profit of rs. 120.find the actual purchase price.
(ans. 1500)
2. Varun traders writes the price on his goods in such a way that even after allowing 25% discount to the
customer he gains 20% . find the marked price on a good on which his gain is rs.6.

3. A co-operative society allows a discount of 20% on the marked price. It further allows a cash discount
of 6%. How much price above the per rupee must it make to obtain a profit of 10% on cost price.
(ans. Rs.0.46)
4. A manufacturer wants to charge the price of his goods at 20% above cost price. He allows x % discount
of the customer on his marked price and still makes a profit of 5% .Find the value of x.
(ans. 12.5%)
5. An agent purchases 300 pens for his principal and charges 3% commission on cost. He sells them @
25% profit and charges 2% commission. if he gets rs 165 as total commission, find the cost and sale
price of each pen. (ans.10,12.50)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date :3/10/2017 CHAPTER 1: Profit & Loss

QUESTIONS:

1. An oil mill sells 100 tins of oil at the rate of rs.8/litre and it suffers a loss of rs 600. It makes a profit of
rs.900 If the oil is sold at the rate of rs. 9/litre. find out the quantity of oil per tin and its cost of
production.
(ans.15 litre, rs 126)
2. A trader sales 2 horses, each for rs.1955. On the sale of one horse he gets a profit of 15% and on the sale
of second horse he has a loss of 15%.find out the total amt of profit or loss. Find the % of profit or loss
on whole .
( ans loss 90. 2 ¼ %)
3. A confectioner sells the milk after mixing some water in it at the same rate at which he bought. If he
gains 25% in this way, how much water did he mix per litre milk ?
4. A publisher marks the price of the books at 50% above the cost price and allows 15% trade discount and
a further discount of 4% for cash payment. Find the percentage of profit .
(ans. 22.40%)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 4/10/2017 CHAPTER 2: Simple Interest

QUESTIONS:

1. Find the interest on rs. 315.50 for 83 days at 4.5% per annum simple interest.
(ans. 3.228)
2. Mr. kumar borrowed rs.840 on Dec 3, 1994 at simple interest upto and including Feb. 6, 1995 the rate of
interest being 5.5% per annum and after that the rate was increased to 6.5% per annum. What did he pay
on Jul 10, 1995 to clear the debt with interest.
(ans. 871.27)
3. Rahul took a certain amt as loan from a bank at the rate of 7% per annum sim.int. He lent the same
amount to Pankaj at the rate of 10% per annum sim.int. If at the end of 11 yrs Rahul made a profit of rs.
2640, find the amt taken from the bank.
(ans. 8000)
4. The sim.int. on a sum of money is 1/9 of the principal and the number of yrs is equal to the rate percent
per annum. What will be the rate percent? (ans. 3.33%)
5. In what time will interest on the sum of money be its 3/8th time at 3 1/8 % p.a. simple interest ?
(ans.12 yrs)
6. A certain sum and its interest in 4 yrs become rs 480 .if interest is 1/5 th of the principal, find principal
and rate % p.a.
(ans.400,5%)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 6/10/2017 CHAPTER 2: Simple Interest

QUESTIONS:
1. In what time will the sim.int. on Rs 500 at 6% be equal to the interest on Rs 540 for 8 yrs at 5%.
(ans 216, 7.2 yrs)
2. Deepak lent out a certain sum to Amit and Ruma . the sum of Amit is more than Ruma by Rs 800. Amit
agrees to pay 6% interest and Ruma 5%. Both repay the sum borrowed together with interest at the end
of 5 yrs . if Amit’s amt exceeds Ruma’s amt by 1160, what are the sums of the two. (ans 3200, 2400)
3. Canara bank pays 3.5%interest on saving bank account. A person deposits Rs.700 at the beginning of
the year in saving bank account. After 4 months he withdraws rs 100. After another 3 months, he
deposits Rs 320 .Find the interest that he receives at the end of the yr .
(ans. Rs.26.84)
4. What annual installment will discharge a debt of Rs 4620 due in 5 yrs at 5% simple interest?
(ans. Rs.1050)
5. A shopkeeper advertises the cash price of a sewing machine as Rs 850. The same machine can also be
purchased by depositing s 160 at once and the balance in 8 monthly equal instalments of rs.90.Find the
rate of interest .

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 10/10/2017 CHAPTER 2: Simple Interest

QUESTIONS:

1. Dhanush lent Rs. 25000 to shubhi at a certain rate of interest and rs. 20000 to jiya at 1% more
interest rate than that of shubhi . After 5 yrs he received rs. 23500 as interest both. find the rate of
interest.
(ans. 10%,11%)
2. Ricky tends to rs 20000 to shanky @ 6 .% p.a. and rs. 25000 to lucky @ 4% p.a. The period of loan
of lucky is 5 yrs more than that of shanky. If ricky gets rs.11600 in all from both as simple interest ,
find out both the period of loan.
3. A sum of money amounts to rs. 2240 at 4% simple interest in 4 yrs.find the interest on the same sum
for 6 months at 3.5% p.a.
(ans.2000, 35)
4. A car is available for rs. 200000 or in rs. 100000 down payment followed by 6 monthly instalments
of rs 20000 each. Find the rate of interest charged under the instalment scheme.
(ans. 80% p.a.)
5. A sum of money becomes 5 times of itself in 40 yrs at sim.int. In how many yrs it would have been
double of itself.
(ans.10%,10yrs)
6. A sum of money amts to 3576 n 4.66 yrs at 10.5% sim.int. When will it be 2.5 times itself at the
same rate.
(ans. 2400,14 2/7 yrs )

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 11/10/2017 CHAPTER 3: Compound Interest

QUESTIONS:

1. Find the amt and C.I. on rs 8000 for 2 yrs 4 months at 15% p.a.
(ans.11109, 3109)
2. A person borrowed rs 12000 for 10 yrs on compound interest .the rate percent p.a.was 5% for the
first 3 yrs ,6% for the next 4 yrs and 7 % for the rest 3 yrs . calculate the compound interest.
(ans.9490)
3. Calculate the C.I. for 6 yrs on rs. 432.50 at 5% p.a. what difference will it make if interest is
calculated half yearly.
(ans. 1.60)
4. Find the compound interest on rs 6950 @ 12% for 1 yr 9 month , while the interest is due quarterly.
(ans. 1593)
5. What sum will amt. to 28750 in 4 years at 8% p.a. C.I.
[ log 2875= 3.4587,log 108 = 2.0334, log 2114 = 3.3251 ]
( Ans . 21140)
6. If the interest is rs 76.50 , time is 9 months and compound rate of interest is 6% p.a. compounded
quarterly , find the principal.
(ans.1700)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 12/10/2017 CHAPTER 3: Compound Interest

QUESTIONS:
1. In what time C.I. on rs. 4000 will be rs. 520.25 at 5% p.a.
(ans.2.5 yrs)
2. In what time will a sum of money triple itself @ 4% per annum C.I.
(ans. 28yrs)
3. In what time a sum of money will be double of itself at 13% C.I. while interest is due half yearly.
(ans. 5.51yrs)
4. At what rate percent per annum will the C.I. on rs. 400 be rs. 84 in 2 yrs.
(ans. 10%)
5. A sum of money becomes 8 times of itself in 3 yrs at C.I. What is the rate of interest ?
(ans. 100%)
6. At what rate percent a sum of rs 1600 amounts to rs 1993 after 2 yrs if interest is compounded half
yearly.
[given log 1208=3.0820, log 1048=3. 0205] (ans. 9.6%)
7. A sum of money given at C.I. becomes Rs. 2420 in 2 yrs and rs. 2662 in 3 yrs .find the money and
the rate of interest.
(ans. 10%, 2000)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 24/10/2017 CHAPTER 3: Compound Interest

QUESTIONS:

1. A sum rises to its 3 times in 4 yrs by C.I. In how much time this sum will raise to its 27 times.
(ans. 12 yrs)
2. A sum of money doubles itself in 12 yrs 6 months at C.I. In how many yrs will it be treble itself
?
(ans.19.81)
3. On what sum of money does the difference between compound and simple interest for 3 yrs at 5
% p.a. amount to rs. 15.25?
(ans. 2000)
4. The C.I. on a certain sum for 2 yrs is rs 205 and S.I. IS RS. 200 .The annual rate of interest is
same in both circumstances. What is the rate of interest and amount.
(ans. 5% 2000)
5. A father desires to distribute rs. 51783 amongest his two sons who are respectively 12 and 15
yrs old, in such away that the sum invested @ 5%p.a. compound interest will give the same amt
to both of them when they attain the age of 18. How should he divide the sum?
( ans. 24000,27783)
6. The C.I. of the sum of money at 8% for 2nd yr is rs 54 . find the interest for first yr and principal
amt.
(ans. 50, 625)

Course: B.Com hons 1 SUB: BUSINESS MATHS

Unit : 2 date : 24/10/2017 CHAPTER 3: Compound Interest

QUESTIONS:

1. A loan of rs 12750 is to be paid back in two equal half yrly installment. If interest is
compounded half yrly at 8% p.a. , how much is each instalment ?
(ans. 6760)
2. Find the effective rate equivalent to the nominal rate of 9/2 % p.a. compounded quarterly.
(4.58 p.a.)
3. A man borrows rs 1000 on the understanding that It is to be paid back in 4 equal instalments
at interval of six months, the first payment to be made six months after the money was
borrowed . calculate the value of each instalment , if the money is worth 5% p.a.
(ans. 266.24)
4. A colour t.v. worth rs 10000 is purchased on instalments plan. If the payment is to be made
in 10 equal annual instalments and compound interest is taken at the rate of 10 % p.a. then
what is the amount of each instalment?
(ans. 15503)