Question : A merchant loses 10% by selling an article. If the cost price of the article is Rs. 15, then the selling price of the article is:
Option 1: Rs. 13.20
Option 2: Rs. 16.50
Option 3: Rs. 12.30
Option 4: Rs. 13.50
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Correct Answer: Rs. 13.50
Solution : Given: A merchant loses 10% by selling an article. The cost price (CP) of the article is Rs. 15. The selling price = $\frac{100-10}{100}$ × CP = $\frac{9}{10}×15$ = $\frac{135}{10}$ = Rs. 13.50 Hence, the correct answer is Rs. 13.50.
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Question : Vinay sells an article at a profit of 20%. If both the cost price and selling price are reduced by Rs. 20, then the profit becomes 40%. What is the initial cost price?
Option 1: Rs. 80
Option 2: Rs. 60
Option 3: Rs. 50
Option 4: Rs. 40
Question : A shopkeeper allows a rebate of 12% on the marked price of an article such that the selling price is Rs. 440. Then the marked price of the article is:
Option 1: Rs. 490
Option 2: Rs. 500
Option 3: Rs. 600
Option 4: Rs. 550
Question : An article is marked at Rs. 450. If it is sold at a discount of 20%, then the selling price becomes 1.5 times its cost price. What is the cost price?
Option 1: 360
Option 2: 240
Option 3: 330
Option 4: 270
Question : The marked price of an article is Rs. 1200. A discount of 40% is given. If there is a loss of 20%, then what is the cost price of the article?
Option 1: Rs. 780
Option 2: Rs. 850
Option 3: Rs. 1020
Option 4: Rs. 900
Question : Piyush marks the price of his article as 30 percent more than its cost price. If he sells the article for Rs. 5720 after allowing a discount of 20 percent, then what will be the cost price of the article?
Option 1: Rs. 5350
Option 2: Rs. 5000
Option 3: Rs. 5500
Option 4: Rs. 5200
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