IIT JEE Practice Question and Answer

Q: In what time will Rs. 3300 becomes Rs. 3399 at 6% per annum interest compounded half-yearly ? 2629 0

  • 1
    Quarter months
    Correct
    Wrong
  • 2
    Half year
    Correct
    Wrong
  • 3
    2 years
    Correct
    Wrong
  • 4
    1 year
    Correct
    Wrong
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Answer : 2. "Half year"
Explanation :

Answer: B) Half year Explanation: 3300 ----- 3% ↑ (1st time interval, 99) → 3399. Here, time interval is given as half-yearly i.e. 6 months.

Q: Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420 ? 1151 0

  • 1
    Rs. 2000
    Correct
    Wrong
  • 2
    Rs. 2100
    Correct
    Wrong
  • 3
    Rs. 1900
    Correct
    Wrong
  • 4
    Rs. 2150
    Correct
    Wrong
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Answer : 1. "Rs. 2000"
Explanation :

Answer: A) Rs. 2000 Explanation: Given, Compound rate, R = 10% per annumTime = 2 yearsC.I = Rs. 420Let P be the required principal.A = (P+C.I)Amount, A = P1 + r100n (P+C.I) = P1 + 101002 (P+420) = P[11/10][11/10] P-1.21P = -420 0.21P = 420 Hence, P = 420/0.21 = Rs. 2000

Q: Kalyan purchased a Maruti van for Rs. 1,96,000 and the rate of depreciation is 14(2/7) % per annum. Find the value of the van after two years ? 1740 0

  • 1
    Rs. 1,24,000
    Correct
    Wrong
  • 2
    Rs. 1,44,000
    Correct
    Wrong
  • 3
    Rs. 1,32,000
    Correct
    Wrong
  • 4
    Rs. 1,62,000
    Correct
    Wrong
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Answer : 2. "Rs. 1,44,000"
Explanation :

Answer: B) Rs. 1,44,000 Explanation: Value of Maruti Van, V1 = Rs. 1,96,000Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 yearsLet V2 is the value after depreciation. V2 = V11 - r100tV2 = 196001 - 10071002 V2 = 196000(6/7)(6/7) V2 = (196000x36)/49 = Rs. 1,44,000.

Q: Althaf borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12% ? 2568 0

  • 1
    Rs. 300
    Correct
    Wrong
  • 2
    Rs. 400
    Correct
    Wrong
  • 3
    Rs. 1200
    Correct
    Wrong
  • 4
    Rs. 1100
    Correct
    Wrong
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Answer : 3. "Rs. 1200"
Explanation :

Answer: C) Rs. 1200 Explanation: Let Althaf lent Rs. A at 14% per year.Hence, Money lent at 12% = (1500-A);Given, total interest = Rs. 186.{(A x 14x 1)/100} + {[(1500-A) x 12 x 1/100]} = 186;14A/100 + (18000 -12A)/100 = 186;14A + 18000 - 12A = 186x100;2A = 18600-18000;A = 600/2 = Rs. 300.Hence, money lent at 12% = 1500-300 = Rs. 1200.

Q: If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ? 1584 0

  • 1
    Rs. 1033.33
    Correct
    Wrong
  • 2
    Rs. 1024
    Correct
    Wrong
  • 3
    Rs. 1148.14
    Correct
    Wrong
  • 4
    Rs. 1245.32
    Correct
    Wrong
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Answer : 1. "Rs. 1033.33"
Explanation :

Answer: A) Rs. 1033.33 Explanation: Let P's capital = p, Q's capital = q and R's capital = r.Then 6p = 8q = 12r=> 3p = 4q = 6r=>q = 3p/4r = 3p/6 = p/2P : Q : R = p : 3p/4 : p/2= 4 : 3 : 2R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.

Q: A user type a content on 20 sheets, each sheet consist of 55 lines, and each line can have 66 characters. The content is again retyped on another set of sheets, these new sheets have 65 lines and each line can take 70 characters. Calculate the reduction in sheets ? 2499 0

  • 1
    2 or 60%
    Correct
    Wrong
  • 2
    4 or 20%
    Correct
    Wrong
  • 3
    6 or 10%
    Correct
    Wrong
  • 4
    8 or 5%
    Correct
    Wrong
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Answer : 2. "4 or 20%"
Explanation :

Answer: B) 4 or 20% Explanation: 20 x 55 x 66 = L x 65 x 70Here L = 72,600/4550 = 15.95 =~ 16Reduction is 20-16 = 4 which is 20% reduction.

Q: A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ? 2409 0

  • 1
    68%
    Correct
    Wrong
  • 2
    80%
    Correct
    Wrong
  • 3
    75%
    Correct
    Wrong
  • 4
    100%
    Correct
    Wrong
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Answer : 4. "100%"
Explanation :

Answer: D) 100% Explanation: When 3 passengers income was 3xexpense= Rs.30 profit =20% of 30 = Rs.6 That means his earning is Rs.36. so that per passenger fare must be Rs.12. When 4 passengersearning = 12x4=Rs.48.expense =Rs.24.profit = Rs.24 = 100%

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Answer : 2. "If only I follows"
Explanation :

Answer: B) If only I follows Explanation: Once it is decided to place funds in the hands of the committee of local representatives, it is necessary to decide guidelines and norms for the functioning of the committee. Hence I follows. II is not related to the statement.

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