Question : A shopkeeper fixes the price of an article at 30% higher than its actual cost. If he sells at a 10% discount on the marked price then the profit is:
Option 1: 18%
Option 2: 19%
Option 3: 17%
Option 4: 20%
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Correct Answer: 17%
Solution : Let the cost price be 100. So, marked price = 100 + 30 = 130 Selling price = $\frac{100-10}{100}×130=117$ $\therefore$ Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100=\frac{117-100}{100}×100=17\%$ Hence, the correct answer is 17%.
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Question : A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at a 40% discount, then what will be his new profit percentage?
Option 1: 20
Option 2: 30
Option 3: 35
Option 4: 40
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 : 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
Question : A shopkeeper sells a table at a discount of 25% on the marked price and earns a profit of 80%. If he sells the same table at a 40% discount, then his new profit is:
Option 1: 31%
Option 2: 44%
Option 3: 33%
Option 4: 41%
Question : A shopkeeper marked the price 18% more than its cost price. If he allows a discount of 24%, then find his loss percent.
Option 1: 16.43%
Option 2: 15.75%
Option 3: 10.32%
Option 4: 12.25%
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