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CBSE Questions for Class 8 Maths Comparing Quantities Quiz 1 - MCQExams.com

Cost of 5 pens is Rs. 15. Find the cost price of 100 pens.
  • Rs. 150
  • Rs. 30
  • Rs. 100
  • Rs. 300
A share is said to be ______, if its market value is less than its face value.
  • premium
  • at par
  • at discount
  • dividend
Which option is an example of interest on interest?
  • simple interest
  • compound interest
  • complex interest
  • annual interest
Which tax is paid to government for the sales of certain goods and services?
  • VAT
  • sales tax
  • income tax
  • business tax
If the selling price of 50 articles is equal to the cost price of 40 articles then the loss and gain percent is 
  • 20% gain
  • 20% loss
  • 25% loss
  • 25% gain
Two-third of one-seventh of a number is 87.5% of 240. What is the number?
  • 2670
  • 2450
  • 2205
  • 1470
A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee At what price per dozen should he sell them to make a profit of 20%?
  • Rs 4
  • Rs 5
  • Rs 6
  • Rs 7
Tax on imports is an example of __________
  • Indirect tax
  • Trade barrier
  • Sales tax
  • Direct tax
The correct relationship is
  • A+C.I=P
  • C.IP=A
  • C.I=AP
  • None of these
Mechanic Raj purchased a motorcycle for Rs. 20,000 and sold it at 5% loss. Its selling price is 
  • Rs.5100×20,000
  • Rs.95100×20,000
  • Rs.105100×20,000
  • Rs.10095×20,000
Which of the following is a direct tax?
  • Excusive
  • Sales Tax
  • Income Tax
  • None of these
An example of property tax
  • Wealth tax
  • Income tax
  • Sales tax
  • Excise duty
A and B invest Rs 200 and Rs 300 respectively in a business for a period for three years and two years respectively. Then the profit will be divided into the ratio of
  • 4:3
  • 2:3
  • 1:1
  • 6:5
Jayant sold two books at Rs 14 each. On one he gains 20% and on the other loses 20%. Then he made
  • no profit no loss
  • loss of 4%
  • gain of 1%
  • none of these
The list price of a parker pen is Rs 160 and a customer buys it for Rs 122.40 after two successive discounts. If first is 10% then the second is
  • 18%
  • 17%
  • 16%
  • 15%
When the price of eggs is reduced by 20% it enables a man to buy 20 more eggs for RsThen the reduced price per egg is:
  • 38 paise
  • 40 paise
  • 42 paise
  • 44 paise
By giving a discount of 10% on the marked price of Rs 1,100 of a sewing machine a dealer gains 10%, then the cost price is
  • Rs 900
  • Rs 950
  • Rs 1,000
  • Rs 1,050
Ranga buys a car for Rs 1,00,000 and spends Rs 20,000 on repairs. He rents it and earns Rs 4,000 per month. After 8 months, he sells the car for Rs 1,00,His total earning in rupees is
  • 15,000
  • 18,000
  • 20,000
  • 12,000
Which tax is collected by Panchayat?
  • Sales Tax
  • Custom Duty
  • Land Revenue
  • Tax on local fairs
Which of the following is a source of income of the Gram Panchayats ?
  • Income Tax
  • Sales Tax
  • Professional Tax
  • Levy duties
Which of the following statement is incorrect
  • If S.P is less than C.P, the seller is said to have incurred a loss
  • The price at which an article is sold is called its selling price
  • If C.P is less than S.P, the seller is said to have incurred a profit
  • If C.P is less than S.P, the seller is said to have incurred a loss
A shopkeeper buys paper at Rs 50 per ream. To gain 20%, the selling price per quire will be (take 1 ream = 20 quires)
  • Re 1
  • Rs 2
  • Rs 3
  • Rs 5
If the cost of a pen is Rs. 12.60 and the gain was 10% of the marked price, then the marked price of the pen was
  • Rs. 15
  • Rs. 14
  • Rs. 13
  • Rs. 12
By selling a T.V for Rs.1,064 a man gains 12%. At what price did he buy the T.V?
  • Rs.1000
  • Rs.950
  • Rs.850
  • Rs.900
_________ is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
  • simple interest
  • compound interest
  • complex interest
  • annual interest
Identify in which type of interest rate is applied to the original principal and any accumulated interest?
  • simple interest
  • compound interest
  • complex interest
  • annual interest
The price at which an article is purchased is called its
  • SP
  • CP
  • Gain
  • Loss
John estimated that the repairs to his car would cost 200 rupees. In fact they cost 350 rupees. What was the percentage error?
  • 52.85%
  • 42.85%
  • 32.85%
  • 22.85%
You expected to get 50 gifts for your birthday, but you only got 32. What was the percentage error?
  • 51.25%
  • 45.25%
  • 46.25%
  • 56.25%
__________ is calculated on both the amount borrowed and any previous interest.
  • simple interest
  • annual interest
  • complex interest
  • compound interest
A machine listed at Rs. 8400 is available for Rs. 6300. Find the rate of discount offered.
  • 20%
  • 10%
  • 25%
  • 30%
Sam purchased 20 dozens of toys at the rate of Rs.375 per dozen. He sold each one of them at the rate of Rs.33. What was his percentage profit?
  • 3.5
  • 4.5
  • 5.6
  • 6.5
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of is:
  • 15
  • 16
  • 18
  • 25
By selling 8 dozen pencils, a shopkeeper gains the selling price of 1 dozen pencils. What is the gain?
  • 1212%
  • 1317%
  • 1427%
  • 8712%
Choose the corrrect relation between simple and compound interest.
  • C.I>S.I.
  • C.I<S.I.
  • C.I=SI
  • Can't say
The selling price of goods which cost Rs.10 and were sold at a gain of 10% is:
  • Rs. 12
  • Rs. 10
  • Rs. 11
  • Rs. 15
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
  • Rs.18.20
  • Rs.70
  • Rs.72
  • Rs.88.25
A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold
  • Only I is necessary
  • Only II is necessary
  • Either I or II is necessary
  • Both I and II are necessary
  • None of these
An example of property tax is:
  • Wealth tax
  • Income tax
  • Sales tax
  • Excise duty
The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
  • Rs. 2000
  • Rs. 2200
  • Rs. 2400
  • Data inadequate
In what time will Rs, 15,000 yield Rs. 4965 as compound interest at 10% per year compounded annually?
  • 3 years
  • 2 years
  • 1 years
  • 4 years
A sum of Rs.12,000 is invested for 3 years at 18 % per annum compound interest. Calculate the interest for the third year.
  • 2700
  • 2800
  • 2900
  • 3000
A sum of Rs.25,000 is invested for 3 years at 20 % per annum compound interest. Calculate the interest for the third year.
  • 6000
  • 7200
  • 8400
  • 5000
__________ is calculated on both the amount borrowed and any previous interest. 
  • simple interest
  • annual interest
  • compound interest
  • complex interest
A sum of Rs.12,000 is invested for 3 years at 18 % per annum compound interest. Calculate the interest for the second year.
  • 2500
  • 2525
  • 2550
  • 2575
Which interest is computed on the sum of an original principal and accrued interest?
  • Simple interest
  • Annual interest
  • Compound interest
  • Complex interest
If M.P. = 140, S.P. = 105, then Discount = __________.
  • 245
  • 25
  • 30
  • 35
Akhilesh bought a house for Rs 9,50,Rs 50,000 was spent on colour. For earning a profit of 14.5%, how much should sell the home for?
  • Rs7,55,000
  • Rs8,55,000
  • Rs5,45,000
  • None of these
A trader buys some TVs at 20% rebate on printed price Rs.18,000. For a long time he could not sell any TV. So he sells it by giving a rebate of Rs.2700 on printed price, what amount of profit or loss does he make? How much percentage of rebate does a customer earn?
  • Profit =Rs.500, 20% Rebate
  • Profit =Rs.100, 25% Rebate
  • Profit =Rs.900, 15% Rebate
  • None of these
A saree trader brings some sarees at 25% rebate on Rs1600 printed price. He sells each scree at Rs1440 per piece. What amount of profit or loss does he make? How much percentage of rebate does a customer earn?
  • Rs180 Profit, 15% Rebate
  • Rs240 Profit, 10% Rebate
  • Rs100 Profit, 18% Rebate
  • None of these
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