Question : A bookseller allowed a 10% discount on the printed price. He gets a 30% commission from the publisher. His profit in percentage will be:
Option 1: $20$
Option 2: $28\frac{4}{7}$
Option 3: $25$
Option 4: $26\frac{3}{7}$
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Correct Answer: $28\frac{4}{7}$
Solution : Let the marked price of the book be Rs. 100. Cost price of the retailer = Rs. (100 – 30) = Rs. 70 Selling price for the retailer after a discount of 10% = Rs. 90 $\therefore$ Profit percentage = $\frac{(90−70)}{70}\times 100$ = $\frac{20}{70} \times 100$ = $\frac{200}{7}$ = $28\frac{4}{7}$% Hence, the correct answer is $28\frac{4}{7}$.
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Question : A tradesman marks his goods 20% above his cost price. If he allows his customer a 20% discount on the marked price, how much profit or loss does he make, if any:
Option 1: 2% loss
Option 2: 4% loss
Option 3: 1% profit
Option 4: 3% profit
Question : A shopkeeper is allowed a 20% discount on his Advertised price and makes a profit of 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?
Option 1: 36,000
Option 2: 37,500
Option 3: 39,000
Option 4: 42,500
Question : A retailer gets a 40% discount on the printed price of an article. The retailer sells it at the printed price. His gain percentage is:
Option 1: $40$%
Option 2: $55$%
Option 3: $66\frac{2}{3}$%
Option 4: $75$%
Question : A tradesman marks his goods $30\%$ more than the cost price. If he allows a discount of $6\frac{1}{4}\%$, then his gain percent is:
Option 1: $23\frac{3}{4}\%$
Option 2:
$22\%$
Option 3: $21\frac{7}{8}\%$
Option 4:
$30\%$
Question : A shopkeeper earns a profit of 15% after selling a book at a 20% discount on the printed price. The ratio of the cost price to the printed price of the book is:
Option 1: 20 : 23
Option 2: 23 : 20
Option 3: 16 : 23
Option 4: 23 : 16
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