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1. On what a discount is calculated? a. s.p. b. m.p. c. marked price d. none of these

2. On which figure the VAT of a product is calculated? a. s.p. b. c.p. c. market price d. none of these

3. On which of the following percent profit or profit loss is calculated? a. s.p. b. c.p. c. market price d. none of these

4. If an article sold for Rs 100 then there is a gain of Rs 20, which of the following is the gain percent? a. 25% b. 22% c. 20% d. 16%

6. A building worth Rs a is depreciated by R% per annum. Which of the following is true? a. P[1- 5/100] b. P[1+5/100] c. P[(1+5/100)-1] d. P[1-(1-5/100)]

7. If MP of a box is Rs 10 and a discount of 10% is allowed then what should be the sale price? a. Rs 10 b. Rs 9 c. Rs 11 d. none of these

8. What should be the rate of interest per annum if interest is calculated quarterly? a. reduced to half b. reduced to one fourth c. is doubled d. becomes four times

9. What time period is taken when interest is calculated half yearly? a. twice as much as the number of given years b. half as much as the number of given years c. same as the number of given years d. none of these

11. Find the ratio of speed of a cycle 15 km per hour to the speed of scooter 30 km per hour. a. It is 1:2 b. It is 3:1 c. It is 2:1 d. It is 1:3

12. The price of a scooter was Rs 34,000 last year. It has increased by 20% this year. What is the price now? a. ₹40,400 b. ₹30,400 c. ₹40,800 d. ₹30,800

14. ________ means comparing two quantities. a. Ratio b. Area c. Proportion d. Percent

15. A picnic is being planned in a school for Class VII. Girls are 60% of the total number of students and are 18 in number. Find the ratio of the number of girls to the number of boys in the class. a. 2:1 b. 3:2 c. 2:3 d. 3:1

16. Find the ratio of speed of a cycle 20 Km per hour to the speed of scooter 30 Km per hour. a. It is 1:3 b. It is 3:1 c. It is 2:3 d. It is 2:1

19. Find the ratio of 5 m to 10 Km. a. It is 2000:1 b. It is 3000:1 c. It is 1:2000 d. It is 1:3