Question : A shopkeeper sells an item at a loss of 8%. However, if he increases the selling price by Rs. 36, he could gain 12%. Find the cost price of the article (in Rs.).
Option 1: 180
Option 2: 270
Option 3: 150
Option 4: 360
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Correct Answer: 180
Solution : Given, Loss percentage = 8% Increase in Selling price = Rs 36 Gain percentage = 12% (100 + Gain %) – (100 – Loss %) = Increase Let the cost price of an item be Rs $x$. According to the question, ⇒ $(100 + 12)x - (100 - 8)x = 36 × 100$ ⇒ $112x - 92x = 3600$ ⇒ $x = \frac{3600}{20}$ ⇒ $x = 180$ Hence, the correct answer is 180.
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Question : A shopkeeper sells a book at a loss of 60 percent. Had he sold the book for Rs. 150 more, then he would have suffered a loss of 30 percent. To earn a profit of 20 percent, what should be the selling price of the book?
Option 1: Rs. 650
Option 2: Rs. 600
Option 3: Rs. 700
Option 4: Rs. 550
Question : The reduction of Rs. 12 in the selling price of an article will change a 5% gain into $2\frac{1}{2}$% loss. The cost price of the article is:
Option 1: Rs. 140
Option 2: Rs. 160
Option 3: Rs. 80
Option 4: Rs. 100
Question : The cost price of the box of pens is Rs. 400. The shopkeeper gave a 10% discount on the cost price. What will be the selling price?
Option 1: Rs. 300
Option 2: Rs. 360
Option 3: Rs. 350
Option 4: Rs. 380
Question : A shopkeeper sells an article at a 10 percent loss after giving a discount of 20 percent. What is the ratio of the cost price and marked price of the article?
Option 1: 5 : 8
Option 2: 8 : 9
Option 3: 7 : 9
Option 4: 4 : 9
Question : A man sells an article at a loss of 10%. If he had sold it for Rs. 75 more he would have gained 20%. The cost price of the article is (in Rs.):
Option 1: 225
Option 2: 300
Option 4: 250
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