Page 1 of 10

Percentile Classes
OLD is GOLD 09
Percentage; Profit Loss; SI CI; Ratios

Exam (Indore) IPM (I) 2019 IPM (I) 2020 IPM (I) 2021 IPM (I) 2022 IPM (I) 2023 Total
Number of 03 02 01 02 06 14
Questions

Exam (JIPMAT) JIPMAT 2021 JIPMAT 2022 JIPMAT 2023 Total

Number of 07 08 02 17
Questions

Important Note:
Before solving past year questions, complete your class sheets
and Super 300 Series (Part 22,23,24).
Download pdf from Percentile Telegram Channel
@percentileclasses
Name of file: OLD is GOLD 09 IPM 2024
All Percentile Classes eBooks are updated, now you can find
last exercise of all chapters as Past Year Questions

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 2 of 10

Past Year Questions (IPM Indore)

(Percentage + Profit Loss + SI CI + Ratio)
1. A shopkeeper reduces the price of a pen by 25% as a result of which the
sales quantity increased by 20%. If the revenue made by the shopkeeper
decreases by x% then x is … (IPM Indore 2019) Percentage

2. If the compound interest earned on a certain sum for 2 years is twice the
amount of simple interest for 2 years, then the rate of interest per annum is
_______ percent…..… (IPM Indore 2019) SI CI
(a) 200% (b) 2% (c) 4% (d) 400%

3. Three friends divided some apples in the ratio 3 : 5 : 7 among themselves.

After consuming 16 apples they found that the remaining number of apples
with them was equal to largest number of apples received by one of them
at the beginning. Total number of apples these friends initially had was
(IPM Indore 2019) Ratio

4. Ashok purchased pens and pencils in the ratio 2:3 during his first visit and
paid Rs. 86 to the shopkeeper. During his second visit, he purchased pens
and pencils in the ratio 4:1 and paid Rs. 112. The cost of a pen as well as
a pencil in rupees is a positive integer. If Ashok purchased four pens
during his second visit, then the amount he paid in rupees for the pens
during the second visit is (IPM Indore 2020) Ratio

5. Ashok started a business with a certain investment. After few months,

Bharat joined him investing half amount of Ashok’s initial investment. At
the end of the first year, the total profit was divided between them in ratio
3:1. Bharat joined Ashok after (IPM Indore 2020) Ratio
(a) 2 months (b) 3 months (c) 4 months (d) 6 months

6. The highest possible value of the ratio of a four digits number and the sum
of its four digits is: (IPM Indore 2021) Ratio
www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App
 Page 3 of 10

(a) 1000 (b) 277.75 (c) 900.1 (d) 999

7. Aruna purchases a certain number of apples for INR 20 each and a certain
number of mangoes for INR 25 each. If she sells all the apples at 10%
profit and all the mangoes at 20% loss, overall she makes neither profit nor
loss. Instead, if she sells all the apples at 20% loss and all the mangoes at
10% profit, overall she makes a loss of INR 150. Then the number of
apples purchased by Aruna is (IPM Indore 2022) Profit Loss

8. The cost of a piece of jewellery is proportional to the square of its weight.

A piece of jewellery weighing 10 grams is INR 3600. The cost of a piece of
jewellery of the same kind weighing 4 grams is (IPM Indore 2022) Ratio
(a) INR 576 (b) INR 1220 (c) INR 1440 (d) INR 600

9. In an election with only two contesting candidates, 15% of the voters did
not turn up to vote, and 50 voters cast invalid votes. It is known that 44%
of all the voters in the voting list voted for the winner. If the winner got 200
votes more than the other candidate, then the number of voters in the
voting list is_________. (IPM Indore 2023) Percentage

10. Let a, b, c, d be positive integers such that a + b + c + d = 2023. If a : b

= 2 : 5 and c : d = 5 : 2 then the maximum possible value of
a + c is________. (IPM Indore 2023) Ratio

11. Assume it is the beginning of the year today. Ankita will earn INR
10,000 at the end of the year, which she plans to invest in a bank deposit
immediately at a fixed simple interest of 0.5% per annum. Her yearly
income will increase by INR 10,000 every year, and the fixed simple
interest offered by the bank on new deposits will also increase by 0.5% per
annum every year. If Ankita continues to invest all her yearly income in
new bank deposits at the end of each year, the total interest earned by
her, in INR, in five years from today will be___(IPM Indore 2023) SI CI

12. A goldsmith bought a large solid golden ball at INR 1,000,000 and melted
it to make a certain number of solid spherical beads such that the radius of

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 4 of 10

each bead was one-fifth of the radius of the original ball. Assume that the
cost of making golden beads is negligible. If the goldsmith sold all the
beads at 20% discount on the listed price and made a total profit of 20%,
then the listed price of each golden bead, in INR, was
(IPM Indore 2023) Profit Loss
(a) 12000 (b) 24000 (c) 9600 (d) 48000

13. If the difference between compound interest and simple interest for a
certain amount of money invested for 3 years at an annual interest rate of
10% is INR 527, then the amount invested in INR is
(IPM Indore 2023) SI CI
(a) 15000 (b) 170000 (c) 17000 (d) 150000

a+b c+d
14. If = , which of the following statements is always true?
b+c d+a
(IPM Indore 2023) Ratio
(a)𝑎 + 𝑏 + 𝑐 + 𝑑 = 0
(b)𝑎 = 𝑐
(c) 𝑎 = 𝑐, 𝑜𝑟 𝑎 + 𝑏 + 𝑐 + 𝑑 = 0
(d)𝑎 = 𝑐, 𝑎𝑛𝑑 𝑏 = 𝑑

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 5 of 10

Past Year Questions (JIPMAT)

(Percentage + Profit Loss + SI CI + Ratio)
1. A candidate scoring 25% marks in an examination fails by 30 marks while
another candidate who score 50% marks gets 20 marks more than those
required to pass. The pass percentage is
(JIPMAT 2021) Percentage
(a) 30% (b) 33% (c) 35% (d) 40%

2. A mixture of alcohol and water contains 35% alcohol by weight. if 25 g

water is added to such a mixture of 100g, then the percentage of alcohol in
the mixture is such a mixture of 100 g,
(JIPMAT 2021) Percentage
(a) 25% (b) 28% (c) 30% (d) 32%

3. A man pays 40 times the annual rent to purchase a building. The rate % p
er annum he derives from his investment is
(JIPMAT 2021) Percentage
(a) 2.5% (b) 3.33% (c) 4.0% (d) 6.67%

4. A dishonest dealer professes to sell his goods at cost price. But he uses a
18
false weight and thus gain 6 %. For a kg, he uses a weight of
47
(JIPMAT 2021) Profit Loss
(a) 940 g (b) 947 g (c) 953 g (d) 960 g

5. A certain sum is lent at a certain rate of CI. It grows to 1.44 times its value
in 2 years. If the same sum is lent at simple interest at the same rate, in
how many years would it double itself? (JIPMAT 2021) SI CI
(a) 3 years (b) 4 years (c) 5 years (d) 6 years

6. Harish divides two sums of money among his four sons Naresh, Vipin,
Bhupesh and Yogesh. First sum is divided in the ratio 4:3:2:1 and second
in the ratio 5:6:7:8. If the second sum is twice the first, then the largest
total is received by (JIPMAT 2021) Ratio
(a) Bhupesh (b) Naresh (c) Vipin (d) Yogesh

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 6 of 10

7. A is working, and B a sleeping partner in a business. A puts in Rs. 12000

and B Rs. 20000. A received 10% of the profit for managing, the rest being
divided in proportion to their capitals. Out of a total profit of Rs.9600, the
money received by A will be (JIPMAT 2021) Ratio
(a) Rs. 3240 (b) Rs. 3600 (c) Rs. 4200 (d) Rs. 4840

8. A sum becomes double 10 years, then annual rate of simple interest is

(JIPMAT 2022) SI CI
(a) 8% (b) 5% (c) 10% (d) 20%

9. P, Q and R invested Rs. 25,000, Rs. 50,000 and Rs. 25,000 respectively
to start a business. At the end of two years, they earned a profit of Rs.
48,000. What will be Q’s share? (JIPMAT 2022) Ratio
Partnership
(a) 24,000 (b) 36,000 (c) 12,000 (d) 20,000

10. The father’s age is six times his son’s age. Four years hence, the age of
the father will be four times his son’s age. The present age (in years) of the
son and the father are, respectively (JIPMAT 2022) Ratio
(a) 6 and 36 (b) 4 and 24 (c) 5 and 30 (d) 7 and 42

11. Three years ago, ratio of ages of Amisha and Namisha was 8:9. 3 years
from now the ratio will become 11:12 . What is the present age of Amisha.
(JIPMAT 2022) Ratio
(a) 2 years (b) 16 years (c) 19 years (d) 21 years

𝑎 𝑏 𝑐
12. If = = = 𝑘 then value of k is (JIPMAT 2022) Ratio
𝑏+𝑐 𝑐+𝑎 𝑎+𝑏
1
(a) ±
2
1
(b) 𝑜𝑟 − 1
2
(c) -1
1
(d)
2
13. The population of a village is 5000. If in a year, the number of males
were to increase by 5% and that of females by 3% annually, the

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 7 of 10

population would grow to 5202 at the end of the year. If M is the number
of males and F is the number of females in the village, then (M,F) =
Drop (JIPMAT 2022) Percentage
(a) (3000, 2000) (b) (2800, 2200)
(c) (2600, 2200) (d) (2700, 2300)

1
14. If A earns 33 % more than B, then percentage B earns less than A
3
will be (JIPMAT 2022) Percentage
2
(a) 66 %
3
(b) 25%
(c) 65%
1
(d) 33 %
3

15. The value of a flat worth 5,00,000 is depreciating at the rate of 10% p.a.
In how many years, will the value be reduced to 364500.
(JIPMAT 2022) Percentage
(a) 2 Years (b) 3 Years (c) 3 Years six month (d) 4 Years

16. Sonali buys 2 Pen Drives A and B and their cost price is in the ratio of
5:6 respectively. If she sells them on 10% profit each, she earns total profit
of ₹ 22. What will be her total profit, if she sells Pen Drive A on 20 % loss
and Pen Drive B on 30% profit? (JIPMAT 2023) Profit Loss
(a)₹ 16 (b) ₹ 13 (c) ₹ 14 (d) ₹ 24

17. Sumit has Rs. 90000 with him. He purchases three items A, B and C for
Rs. 15000, Rs. 13000 and Rs. 35000 respectively and puts the remaining
money in a bank deposit that pays compound interest @15% per annum.
After 2 years, he sells off the three items at 80% of their original price and
also withdraws his entire money from the bank by closing the account.
What is the total change in his asset? (JIPMAT 2023) SI CI
(a) - 4.152% (b) +3.152% (c) - 4.325% (d)+ 5.552%

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 8 of 10

Answers
IPMAT Indore
1. 10 7. 50 13. c 19.
2. a 8. a 14. c 20.
3. 30 9. 5000 15. 21.
4. 100 10. 1442 16. 22.
5. c 11. 2500 17. 23.
6. a 12. a 18.

JIPMAT
1. d 7. c 13. c 19.
2. b 8. c 14. b 20.
3. a 9. a 15. b 21.
4. a 10. a 16. a 22.
5. c 11. c 17. c 23.
6. b 12. d 18.

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 9 of 10

Super 300 Series

Important Questions for CAT | IPMAT| XAT |CMAT | IIFT | Du-JAT | All
BBA MBA exams

S. No. Topics
1 Logarithms
2 AP GP HP – 01
3 AP GP HP – 02
4 Special Series
5 SET Theory
6 Quadratic Equations
7 Inequalities
8 Maxima Minima
9 Functions
10 Number System 01
11 Number System 02
12 Number System 03
13 Number System 04
14 Combinations
15 Permutations
16 Probability
17 Geometry 01
18 Geometry 02
19 Coordinate Geometry/ Mensuration 03
20 Averages
21 Allegations
22 Profit Loss
23 SI CI
24 Ratio/Variations
25 Time Work
26 Time Distance Speed 01
27 Time Distance Speed 02
28 Binomial Trigonometry
29 Determinants
30 Matrices

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App

 Page 10 of 10

OLD is GOLD Series 2024

Percentile Classes YouTube Channel

S. No. Topics
1 Quadratic Equations + Inequalities
2 AP GP HP + Special Series
3 Logarithms
4 Para Jumbles
5 Function Maxima Minima
6 Number System
7 Geometry
8 Grammar
9 Percentage + Profit Loss + SI CI + Ratio + Partnership
10 Averages + Alligations
11 Time and Work
12 Critical Reasoning
13 Time Distance Speed
14 SET Theory
15 Permutation Combination Probability
16 Vocab
17 Trigonometry
18 Data Interpretation
19 Matrices and Determinants
20 Reading Comprehensions
21 Miscellaneous (Conic + Binomial + Clocks etc)

www.PercentileClasses.in No Substitute to Hardwork Download Percentile Classes Android App