Question : A shopkeeper publishes a list of prices that are 60% above the CP. He proposes to give 20% discount. How much profit does he make?
Option 1: 35%
Option 2: 22%
Option 3: 18%
Option 4: 28%
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Correct Answer: 28%
Solution : Let the cost price (CP) of the article be Rs 100. Since the shopkeeper publishes prices 60% above the CP, Marked price(MP) of the article = 100$\times\frac{160}{100}$ = Rs. 160 After a 20% discount on MP, the selling price of the article = 160$\times\frac{80}{100}$ = Rs. 128 Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100$ = $\frac{128-100}{100}\times 100$ = 28% Hence, the correct answer is 28%.
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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 : A shopkeeper marks his goods 35% above the cost price. He then allows some discount on it. If he makes a profit of 14%, then the rate of discount is:
Option 1: 17.77%
Option 2: 15.55%
Option 3: 16.66%
Option 4: 14.44%
Question : A shopkeeper sells a table at a discount of 20 percent and earns a profit of 30 percent. If he sells the same table at a 10 percent discount, then what will be his new profit or loss percent?
Option 1: 32.5 percent profit
Option 2: 40.5 percent loss
Option 3: 46.25 percent profit
Option 4: 50.5 percent loss
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%
Question : When a discount of 20% is given on a sweater, the profit is 28%. If the discount is 14%, then the profit is:
Option 1: 42%
Option 2: 46.4%
Option 3: 33.2%
Option 4: 37.6%
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