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Percentage, Profit, Loss & Discount – Practice Set 3 [1-17] – Must Practice Set for CAT, XAT & Other MBA Exams

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% Profit Loss Discount / CAT / QUANT / Question Bank

Percentage, Profit, Loss & Discount – Practice Set 3 [1-17] – Must Practice Set for CAT, XAT & Other MBA Exams

Algebra Practice – Full Set

Percentage, Profit, Loss and Discount MCQs – SSC & CAT Level Practice

Compiled by Maths By Amiya. Click below to reveal answers and video walkthroughs.


1) A person who spends 6623% of his income is able to save ₹1,200 per month. His monthly expenses (in ₹) is:

  • (a) 1,200
  • (b) 2,400
  • (c) 3,000
  • (d) 3,200
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Answer: 2,400

🎥 Video Solution: Coming soon

2) What per cent decrease in salaries would exactly cancel out the 20 per cent increase?

  • (a) 20%
  • (b) 1623%
  • (c) 3313%
  • (d) 18%
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Answer: 1623%

🎥 Video Solution: Coming soon

3) A person gave 20% of his income to his elder son, 30% of the remaining to the younger son and 10% of the balance, he donated to a trust. He is left with ₹10,080. His income was:

  • (a) ₹50,000
  • (b) ₹40,000
  • (c) ₹30,000
  • (d) ₹20,000
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Answer: ₹20,000

🎥 Video Solution: Coming soon

4) Radha spends 40% of her salary on food, 20% on house rent, 10% on entertainment and 10% on conveyance. If her savings at the end of a month are ₹1500, then her salary per month (in ₹) is:

  • (a) ₹8000
  • (b) ₹7500
  • (c) ₹6000
  • (d) ₹10000
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Answer: ₹7500

🎥 Video Solution: Coming soon

5) If the monthly salary of an employee is increased by 223%, he gets ₹72 more. His monthly salary (in ₹) is:

  • (a) ₹7200
  • (b) ₹3600
  • (c) ₹2700
  • (d) ₹2000
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Answer: ₹2700

🎥 Video Solution: Coming soon

6) A man spends 1212% of his salary on items of daily use and 30% of the remainder on house rent. After that he is left with ₹2940. How much is his salary?

  • (a) ₹4800
  • (b) ₹5200
  • (c) ₹4500
  • (d) ₹4000
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Answer: ₹4800

🎥 Video Solution: Coming soon

7) The monthly income of a person was ₹13,500 and his monthly expenditure was ₹9,000. Next year his income increased by 14% and his expenditure increased by 7%. The percent increase in his savings was:

  • (a) 7%
  • (b) 21%
  • (c) 28%
  • (d) 35%
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Answer: 28%

🎥 Video Solution: Coming soon

8) Given that 10% of A’s income = 15% of B’s income = 20% of C’s income. If sum of their income is ₹7800, then B’s income is:

  • (a) ₹3600
  • (b) ₹3000
  • (c) ₹2400
  • (d) ₹1800
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Answer: ₹2400

🎥 Video Solution: Coming soon

9) Tulsiram’s salary is 20% more than that of Kashyap. If Tulsiram saves ₹720 which is 4% of his salary, then Kashyap’s salary is:

  • (a) ₹15,000
  • (b) ₹12,000
  • (c) ₹10,000
  • (d) ₹22,000
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Answer: ₹15,000

🎥 Video Solution: Coming soon

10) The salary of a person is decreased by 25% and then the decreased salary is increased by 25%. His new salary in comparison with his original salary is:

  • (a) the same
  • (b) 6.25% more
  • (c) 6.25% less
  • (d) 0.625% less
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Answer: 6.25% less

🎥 Video Solution: Coming soon

11) Ram saves 14% of his salary while Shyam saves 22%. If both get the same salary and Shyam saves ₹1540, what is the savings of Ram?

  • (a) ₹990
  • (b) ₹980
  • (c) ₹890
  • (d) ₹880
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Answer: ₹980

🎥 Video Solution: Coming soon

12) A man spends 75% of his income. His income increased by 20% and he increased his expenditure by 15%. His savings will then be increased by:

  • (a) 33%
  • (b) 3313%
  • (c) 35%
  • (d) 40%
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Answer: 35%

🎥 Video Solution: Coming soon

13) A man spends 40% of his monthly salary on food and one-third of the remaining on transport. If he saves ₹4,500 per month, which is equal to half the balance after spending on food and transport, his monthly salary is:

  • (a) ₹11,250
  • (b) ₹22,500
  • (c) ₹25,000
  • (d) ₹45,000
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Answer: ₹22,500

🎥 Video Solution: Coming soon

14) Kishan spends 30% of his salary on food and donates 3% in a Charitable Trust. He spends ₹2,310 on these two items, then total salary for that month is:

  • (a) ₹6,000
  • (b) ₹8,000
  • (c) ₹9,000
  • (d) ₹7,000
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Answer: ₹7,000

🎥 Video Solution: Coming soon

15) Mr. X spends 35% of his salary on food and 5% of his salary on children education. In January 2011, he spent ₹17,600 on these two items. His salary for that month is:

  • (a) ₹40,000
  • (b) ₹44,000
  • (c) ₹48,000
  • (d) ₹46,000
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Answer: ₹44,000

🎥 Video Solution: Coming soon

16) The monthly salaries of A and B together amount to ₹40,000. A spends 85% of his salary and B, 95% of his salary. If now their savings are the same, then the salary (in ₹) of A is:

  • (a) ₹10,000
  • (b) ₹12,000
  • (c) ₹16,000
  • (d) ₹18,000
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Answer: ₹10,000

🎥 Video Solution: Coming soon

17) 25% of annual salary of A is equal to 80% of annual salary of B. Monthly salary of B is 40% of the monthly salary of C. Annual salary of C is ₹6,00,000. What is the monthly salary of A?

  • (a) ₹60,000
  • (b) ₹62,000
  • (c) ₹64,000
  • (d) ₹56,000
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Answer: ₹64,000

🎥 Video Solution: Coming soon

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