Question : A defective dining set costing Rs. 10000 is being sold at a 10% loss. If the price is further reduced successively by 5%, then the selling price is:
Option 1: Rs. 8550
Option 2: Rs. 7850
Option 3: Rs. 9000
Option 4: Rs. 9150
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Correct Answer: Rs. 8550
Solution : Single equivalent discount = $(a+b–\frac{a×b}{100}$)%, where $a$% and $b$% are successive discounts. Here $a$ = 10% and $b$ = 5% ⇒ Single equivalent discount = $10+5-\frac{10×5}{100}=15-0.5=14.5\%$ Selling price = $10000×\frac{100-14.5}{100}=10000×\frac{85.5}{100}=8550$ Hence, the correct answer is Rs. 8550.
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Question : An article is sold at a 5 percent loss. If its cost price is decreased by Rs. 20 and the selling price is increased by Rs. 13, then a profit of 10 percent is earned on it. What is the original selling price of the article?
Option 1: Rs 266.66
Option 2: Rs 221.66
Option 3: Rs 283.33
Option 4: Rs 250
Question : A dining set listed at INR 5000 is sold to a man at successive discounts of 20% and 10% by the shopkeeper. What is the selling price of the dining set?
Option 1: INR 3600
Option 2: INR 4800
Option 3: INR 1000
Option 4: INR 4000
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Option 1: Rs. 12000
Option 2: Rs. 24000
Option 3: Rs. 14400
Option 4: Rs. 18000
Question : A shopkeeper sold a book at a marked price of Rs. 1400 at a discount of 28%. Find the selling price of the book.
Option 1: Rs. 2000
Option 2: Rs. 1008
Option 3: Rs. 2500
Option 4: Rs. 1500
Question : An article is sold at a loss of 10%. Had it been sold for Rs. 90 more, there would have been a gain of 5%. The original sale price of the article (in Rs.) is:
Option 1: Rs. 540
Option 2: Rs. 600
Option 3: Rs. 628
Option 4: Rs. 650
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