Question : A dealer buys an article listed at INR 3,000 and gets successive discounts of 15% and 15%. He spends INR 250 on transportation and sells it at a profit of 20%. Find the selling price of the article.
Option 1: INR 3,300
Option 2: INR 2,901
Option 3: INR 3,250
Option 4: INR 3,200
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Correct Answer: INR 2,901
Solution : Given, Marked price = INR 3000 Discounts = 15% and 15% The cost of transportation = INR 250 Required profit = 20% SP = $\frac{100 - \text{Discount %}}{100}$ × MP Where SP is the selling price and MP is the marked price So, the SP = $3000 × \frac{100 - 15}{100} × \frac{100 - 15}{100}$ = $3000 × \frac{85}{100} × \frac{85}{100}$ = $\frac{3 × 85 × 85}{10}$ = INR 2167.50 Now, the total cost (CP) = 2167.50 + 250 = INR 2417.5 Also, SP = CP × $\frac{100 + \text{Profit %}}{100}$ = 2417.5 × $\frac{100 + 20}{100}$ = 2417.5 × $\frac{120}{100}$ = INR 2901 Hence, the correct answer is INR 2,901.
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Question : An article is listed at Rs. 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs. 165 on the repair of the article. If he sells the article at a profit of 62.5%, what is the selling price (in rupees) of the article?
Option 1: 1467.6
Option 2: 1492.6
Option 3: 1715.39
Option 4: 1460.6
Question : A dealer marks an article 60% above the cost price and sells it to a customer allowing two successive discounts of 10% and 20% on the marked price. If he gains INR 1,064 in the transaction, the cost price (in INR) of the article is:
Option 1: 8400
Option 2: 7000
Option 3: 6300
Option 4: 7200
Question : A shopkeeper makes a net profit of 44% on selling an article at successive discounts of 10% and 20%. Find the net profit percentage, if the shopkeeper sells the same article at a discount of 15%.
Option 1: 50%
Option 2: 70%
Option 3: 30%
Option 4: 40%
Question : The marked price of an article is INR 50,000. Of three shopkeepers, the first one allows two successive discounts of 25% and 15%. The second one allows two successive discounts of 20% and 20%. The third shopkeeper allows two successive discounts of 30% and 10%. From which shopkeeper does the customer get more profit?
Option 1: First
Option 2: Same for all the shopkeepers.
Option 3: Third
Option 4: Second
Question : An article is sold for INR 54,120 after two successive discounts of 12 percent and 18 percent. What is the marked price of the article?
Option 1: INR 75,000
Option 2: INR 78,000
Option 3: INR 72,000
Option 4: INR 81,000
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