Arithmetic

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Q. If the price of a book is increased by 10% and then decreased by 10%, what is the net change in price?
  • A. 0%
  • B. 1%
  • C. 2%
  • D. 3%
Q. If the principal amount is $2000 and the total amount after 3 years at a certain rate of simple interest is $2400, what is the rate of interest? (2000)
  • A. 5%
  • B. 6.67%
  • C. 10%
  • D. 12%
Q. If the principal is $800 and the rate of interest is 4% per annum, what will be the total amount after 3 years at simple interest?
  • A. $840
  • B. $850
  • C. $860
  • D. $870
Q. If the principal is $800 and the rate of interest is 6% per annum, what will be the total amount after 4 years at simple interest?
  • A. $960
  • B. $1040
  • C. $800
  • D. $840
Q. If the simple interest on a certain sum for 3 years at 5% per annum is $150, what is the principal amount?
  • A. $1000
  • B. $1200
  • C. $1500
  • D. $1800
Q. If the sum of three consecutive integers is 72, what is the smallest of these integers?
  • A. 23
  • B. 24
  • C. 25
  • D. 22
Q. If two partners decide to share profits equally but one partner contributes more capital, what is the likely outcome?
  • A. The partner with more capital will receive a larger share of profits
  • B. The partners will renegotiate their profit-sharing agreement
  • C. The partnership will dissolve
  • D. The partner with less capital will receive a larger share of profits
Q. In a certain mixture, the ratio of milk to water is 5:3. If there are 32 liters of the mixture, how many liters of milk are there?
  • A. 20 liters
  • B. 12 liters
  • C. 16 liters
  • D. 24 liters
Q. In a certain mixture, the ratio of sugar to water is 1:4. If 2 liters of sugar is added to the mixture, what will be the new ratio of sugar to water?
  • A. 1:3
  • B. 1:4
  • C. 1:5
  • D. 1:6
Q. In a certain mixture, the ratio of sugar to water is 1:4. If 2 liters of sugar is added, what will be the new ratio if the total volume of the mixture is 10 liters?
  • A. 1:3
  • B. 1:2
  • C. 1:4
  • D. 1:5
Q. In a certain town, the ratio of the number of men to women is 3:2. If there are 120 men, how many women are there?
  • A. 80
  • B. 60
  • C. 40
  • D. 100
Q. In a certain town, the ratio of the number of men to women is 3:4. If there are 120 men, how many women are there?
  • A. 80
  • B. 90
  • C. 100
  • D. 110
Q. In a class of 30 students, the average score in Mathematics is 75. If the average score of the boys is 80 and that of the girls is 70, how many boys are there in the class? (2023)
  • A. 10
  • B. 15
  • C. 20
  • D. 25
Q. In a mixture of two liquids A and B, if the ratio of A to B is 3:2, what is the fraction of liquid A in the mixture?
  • A. 3/5
  • B. 2/5
  • C. 3/2
  • D. 2/3
Q. In a mixture of two liquids, if the first liquid is 25% alcohol and the second is 75% alcohol, what is the overall percentage of alcohol if equal volumes of both liquids are mixed?
  • A. 50%
  • B. 60%
  • C. 40%
  • D. 70%
Q. In a mixture of two liquids, if the first liquid is 60% pure and the second is 80% pure, what is the overall purity if they are mixed in equal volumes?
  • A. 70%
  • B. 75%
  • C. 80%
  • D. 85%
Q. In a mixture of two types of tea, if the first type costs $5 per kg and the second type costs $7 per kg, what is the cost per kg of the mixture if they are mixed in the ratio 2:3?
  • A. $6.40
  • B. $6.00
  • C. $6.20
  • D. $6.50
Q. In a partnership agreement, which clause is essential to prevent disputes?
  • A. Profit-sharing ratio
  • B. Business location
  • C. Partner's personal interests
  • D. Market competition
Q. In a partnership, what does the term 'joint venture' refer to?
  • A. A partnership formed for a specific project
  • B. A permanent partnership with no end date
  • C. A partnership that requires equal capital contribution
  • D. A partnership that is limited to two partners only
Q. In a partnership, which of the following is NOT typically a reason for dissolution?
  • A. Mutual agreement of partners
  • B. Insolvency of one partner
  • C. Change in business strategy
  • D. Increase in profit margins
Q. In a race, the average speed of a runner is 10 km/h. If he runs for 2 hours, how far does he run? (2023)
  • A. 15 km
  • B. 20 km
  • C. 25 km
  • D. 30 km
Q. In a race, the average speed of a runner is 12 km/h. If the runner wants to complete the race in 2 hours, how far is the race? (2023)
  • A. 20 km
  • B. 24 km
  • C. 30 km
  • D. 36 km
Q. In a survey, the average age of a group of people is 30 years. If one person aged 40 leaves the group, what will be the new average age if the group originally had 10 people? (2023)
  • A. 28
  • B. 29
  • C. 30
  • D. 31
Q. In a survey, the average age of a group of people is 40 years. If one person aged 60 leaves the group, what will be the new average age if the group originally had 10 members? (2023)
  • A. 38
  • B. 39
  • C. 40
  • D. 41
Q. In how many years will a sum of money triple itself at a compound interest rate of 10% per annum?
  • A. 10 years
  • B. 12 years
  • C. 15 years
  • D. 20 years
Q. In the context of partnerships, what does the term 'buy-sell agreement' refer to?
  • A. An agreement to sell the business to a third party
  • B. A contract outlining how a partner's share can be sold or transferred
  • C. An agreement to buy out a partner's share at market value
  • D. A clause that allows partners to sell their shares freely
Q. The average of three consecutive integers is 20. What is the smallest of these integers? (2023)
  • A. 18
  • B. 19
  • C. 20
  • D. 21
Q. What is a key characteristic of a limited partnership?
  • A. All partners have unlimited liability
  • B. At least one partner has limited liability
  • C. All partners are involved in management
  • D. It requires a formal written agreement
Q. What is the difference between the amounts obtained by investing $1000 at 8% per annum for 2 years in simple interest and compound interest?
  • A. $16
  • B. $24
  • C. $32
  • D. $40
Q. What is the primary advantage of forming a partnership over a sole proprietorship?
  • A. Limited liability for all partners
  • B. Increased capital and resources
  • C. Simplicity in decision-making
  • D. Complete control over business decisions
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