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: $75$%
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Correct Answer: $66\frac{2}{3}$%
Solution : Given: A retailer gets a 40% discount on the printed price of an article. The retailer sells it at the printed price. Let the printed price = Rs. 100 Discount = 40% So, cost price = (100 – 40) = Rs. 60 and selling price = Rs. 100 Therefore, the gain percentage = $\frac{\text{Selling Price – Cost Price}}{\text{Cost Price}}×100$% = $(\frac{100 – 60}{60})×100$% = $\frac{200}{3}$% = $66\frac{2}{3}$%. Hence, the correct answer is $66\frac{2}{3}$%.
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Question : A shopkeeper sells his goods at an 18% discount and still earns a 30% profit. If he sells his goods at a 12% discount on the marked price, then what will be his profit percentage (correct to 2 decimal places)?
Option 1: 42.62%
Option 2: 35.45%
Option 3: 40.35%
Option 4: 39.51%
Question : A dealer marks his goods at 20% above the cost price and allows a discount of 15% on the marked price. What is his gain or loss percentage?
Option 1: 4% gain
Option 2: 2% loss
Option 3: 2% gain
Option 4: 4% loss
Question : A person marks an article 36% above the cost price and offers a 30% discount on the marked price. What is the loss or gain percentage?
Option 1: Loss 6.5%
Option 2: Loss 4.8%
Option 3: Gain 8.5%
Option 4: Gain 7.2%
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: $26\frac{3}{7}$
Question : A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price by giving a 10% discount and the rest by giving a 50% discount on the marked price. What is his overall profit or loss percentage?
Option 1: Loss 2.8%
Option 2: Profit 2.8%
Option 3: Profit 3.6%
Option 4: Loss 3.6%
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