Question : A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much percent above the cost price is the marked price?
Option 1: 36%
Option 2:
27%
Option 3:
30%
Option 4:
40%
Correct Answer:
Solution : Let the cost price of the article be Rs. 100 and marked price be $y$. Selling price after discount = selling price after earning profit So, $y\times\frac{90}{100}=117$ ⇒ $y =\frac{117\times 100}{90}=$ Rs. 130 which is 30% more than the cost price. Hence, the correct answer is 30%.
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Question : If the ratio of cost price and the selling price is 5 : 6, then the gain percent is:
Option 1: $20\%$
$33\frac{1}{3}\%$
$25\%$
$30\%$
Question : A balance of a trader weighs 20% less than it should be. Still, the trader marked up his goods to get an overall profit of 35%. What is the mark-up on the cost price?
Option 1: 7%
8%
9%
8.5%
Question : A man sold 250 chairs and had a gain equal to the selling price of 50 chairs. His profit percent is:
Option 1: 20%
25%
50%
15%
Question : A merchant marks up the price of his goods by 40% more than the cost price. He then sells $\frac{1}{5}$ th of his goods at a discount of 10%, half of the goods at the marked price and the rest of the goods at a discount of 20%. Find his profit percentage.
Option 1: 20.4%
Option 2: 30.4%
Option 3: 28.8%
Option 4: 14.6%
Question : A shopkeeper increases the cost price of an item by 50% and offers a discount of 40% on this marked price. What is his loss percentage?
Option 1: 15%
Option 2: 20%
Option 3: 10%
Option 4: 5%
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