Question : A shopkeeper bought 20 chairs for Rs.18,000. On selling them, he had a gain equal to the selling price of four chairs. What was the selling price of each chair?
Option 1: Rs. 1,125
Option 2: Rs. 1,200
Option 3: Rs. 1,250
Option 4: Rs. 1,175
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Correct Answer: Rs. 1,125
Solution : Profit = (SP of 20 chairs) − (CP of 20 chairs), where SP is the selling price and CP is the cost price. ⇒ SP of 4 chairs = SP of 20 chairs – CP of 20 chairs ⇒ SP of 16 chairs = CP of 20 chairs = Rs. 18000 ⇒ SP of 1 chair = $\frac{18000}{16} =1125$ So, the selling price of each chair is Rs. 1,125. Hence, the correct answer is Rs. 1,125.
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Question : A man bought a watch at a 10% discount. If he had bought it at a 20% discount, he would have gotten the watch for Rs. 125 less. The marked price of the watch is:
Option 1: Rs. 2,500
Option 2: Rs. 1,250
Option 3: Rs. 3,750
Option 4: Rs. 1,000
Question : The difference between the cost price and the selling price of a pair of shoes is Rs. 1,200. If the profit is 15%, the selling price is:
Option 1: Rs. 8,200
Option 2: Rs. 9,200
Option 3: Rs. 8,000
Option 4: Rs. 9,000
Question : A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price of the article is:
Option 1: Rs. 12,978
Option 2: Rs. 19,278
Option 3: Rs. 18,927
Option 4: Rs. 17,298
Question : A shopkeeper listed the marked price of a chair at a certain amount. If the shopkeeper declares a 15% discount and sells it at Rs.1,445. What is the marked price?
Option 1: Rs. 1,750
Option 2: Rs. 1,800
Option 3: Rs. 1,700
Option 4: Rs. 1,850
Question : A shopkeeper purchased a chair marked at Rs. 600 at two successive discounts of 15% and 20% respectively. He spent Rs. 28 on transportation and sold the chair for Rs. 545. His gain percentage was:
Option 1: 25%
Option 2: 30%
Option 3: 35%
Option 4: 20%
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