Percentage, Profit, Loss & Discount – Practice Set 3 [1-17] – Must Practice Set for CAT, XAT & Other MBA Exams
May 16, 2024 2025-05-22 1:23Percentage, Profit, Loss & Discount – Practice Set 3 [1-17] – Must Practice Set for CAT, XAT & Other MBA Exams

Percentage, Profit, Loss & Discount – Practice Set 3 [1-17] – Must Practice Set for CAT, XAT & Other MBA Exams
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TogglePercentage, 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 662⁄3% 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
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) 162⁄3%
- (c) 331⁄3%
- (d) 18%
Answer: 162⁄3%
🎥 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
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
Answer: ₹7500
🎥 Video Solution: Coming soon
5) If the monthly salary of an employee is increased by 22⁄3%, he gets ₹72 more. His monthly salary (in ₹) is:
- (a) ₹7200
- (b) ₹3600
- (c) ₹2700
- (d) ₹2000
Answer: ₹2700
🎥 Video Solution: Coming soon
6) A man spends 121⁄2% 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
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%
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
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
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
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
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) 331⁄3%
- (c) 35%
- (d) 40%
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
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
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
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
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
Answer: ₹64,000
🎥 Video Solution: Coming soon
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