**Q1. An article is listed at Rs. 900 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discount of 16%, instead of two discounts? **

(a) Gain, Rs. 4.76

(b) Loss, Rs. 5.76

(c) Gain, Rs. 5.76

(d) Loss, Rs. 4.76

**Q2. A trader wishes to gain 20% after allowing 10% discount on the market price to his customers. At what percent higher than the cost price must he marks his goods? **

(a) 30%

(b) 100/3%

(c) 104/3%

(d) 35%

**Q3. By selling a table for Rs. 350 instead of Rs. 400, loss percent increases by 5%. The cost price of the table is: **

(a) Rs. 435

(b) Rs. 417.50

(c) Rs. 1000

(d) Rs. 1050

**Q4. If the cost price is 95% of the selling price, what is the profit percent? **

(a) 4

(b) 4.75

(c) 5

(d) 5.26

**Q5. The SP of an article after two successive discounts of 10% and 5% on marked price is Rs. 171. Find the marked price. **

(a) Rs. 200

(b) Rs. 220

(c) Rs. 240

(d) Rs. 250

**Q6. An article is sold for Rs. 300 at a profit of 20%. Had it been sold for Rs. 235, the loss percentage would have been -**

(a) 16

(b) 3

(c) 5

(d) 6

**Q7. The interest on a certain sum of money is Rs. 22 and the discount on the same sum for the same time and at the same rate is Rs. 20, find the sum -**

(a) Rs. 220

(b) Rs. 200

(c) Rs. 210

(d) Rs. 212

**Q8. A retailer purchased radio sets at the rate of Rs. 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit percent will be- **

(a) 19%

(b) 78.4%

(c) 22%

(d) 19.6%

**Q9. A reduction in the price of apples enables a person to purchase 3 apples for Rs. 1 instead of Rs. 1.25. What is the per cent of the reduction in price (approximately)? **

(a) 20

(b) 25

(c) 30

(d)33 1/3

** **

**Q10. A fruit seller buys some oranges at the rate of 4 for Rs. 10 and an equal number more at 5 for Rs. 10. He sells the whole lot at 9 for Rs. 20. What is his loss or gain percent? **

(a) Loss percent 100/81%

(b) Gain percent 100/81%

(c) No loss or no profit

(d) Loss percent 2%

**Q11. By selling 25 metres of cloth a trader gains the selling price of 5 metres of cloth. The gain of the trader in % is - **

(a) 25

(b) 20

(c) 28

(d) 29

**Q12. A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customer pays Rs. 3,402 as the price including the sales tax, then the marked price is -**

(a) Rs. 3400

(b) Rs. 3500

(c) Rs. 3600

(d) Rs. 3800

**Q13. A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article costs the shopkeeper Rs. 210, then the marked price of the article will be**

(a) Rs. 288

(b) Rs. 387

(c) Rs. 350

(d) Rs. 386

**Q14. Charging 30% above its production cost a radio marker puts a label of Rs. 286 on a radio as its price. But at the-time of selling, it he allows 10% discount on the labelled price. What will his gain be?**

(a) Rs. 37.40

(b) Rs. 275.40

(c) Rs. 254.40

(d) Rs. 198

**Q15. Pooja wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at Rs. 30 less, but still she gained 20%. The cost price of watch is -**

(a) Rs. 220

(b) Rs. 225

(c) Rs. 240

(d) Rs. 250

Solutions

1.B

2.B

3.C

4.D

5.A

6.D

7.A

8.D

9.A

10.A

11.A

12.B

13.A

14.A

15.D