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