Question : A merchant increases the cost price of an item by 30% and offers a discount of 15% on this marked price. What is his profit percentage?
Option 1: 10.5%
Option 2: 8.2%
Option 3: 9.5%
Option 4: 11.4%
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Correct Answer: 10.5%
Solution : Let the cost price of goods be Rs.100 ⇒ Marked price of goods $= 100 × \frac{130}{100} = \mathrm{Rs.}\ 130$ ⇒ Selling price of goods $= 130 × \frac{100 - 15}{100} = \mathrm{Rs.}\ 110.5$ ⇒ Profit % $= \frac{110.5 - 100}{100}×100 = 10.5\%$ Hence, the correct answer is 10.5%.
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Question : The marked price of an article is $40$% more than its cost price. If a $20$% discount is given on the marked price, then what will be the profit percentage?
Option 1: $15$%
Option 2: $12$%
Option 3: $10$%
Option 4: $8$%
Question : A man offers a 40% discount on an item which has been marked 50% above the cost price. If the selling price of the item is INR 1,305, then the cost price is:
Option 1: INR 1,360
Option 2: INR 1,450
Option 3: INR 1,680
Option 4: INR 1,560
Question : Manoj marked his goods 30% above the cost price and gave a 12% discount to the customers. The profit or loss percentage is:
Option 1: 14.8% loss
Option 2: 15.4% profit
Option 3: 14.4% profit
Option 4: 15% loss
Question : A 45% profit is made when a discount of 45% is given on the marked price of an item. If the discount on the marked price of the same item is 50%, then the profit will be:
Option 1: $31 \frac{9}{11}$%
Option 2: $33 \frac{2}{11}$%
Option 3: $30\frac{7}{11}$%
Option 4: $31\frac{7}{11}$%
Question : A merchant marked his goods 20% above the cost price and sold the goods at a profit of 8%. The rate of discount is:
Option 1: 15%
Option 2: 10%
Option 3: 12%
Option 4: 8%
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