Question : A trader allowed a discount of 30% on a trolley bag having a list price of INR 1800 and earns a profit of 20%. What is the cost price of the trolley bag?
Option 1: INR 1050
Option 2: INR 1230
Option 3: INR 1440
Option 4: INR 1160
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Correct Answer: INR 1050
Solution : List price = INR 1800 Discount = 30% of list price = 0.3 × 1800 = 540 Selling price = List price – Discount = 1800 – 540 = INR 1260 Profit = 20% of cost price Cost price = selling price – profit Cost price = 1260 – 20% of cost price 120% of cost price = 1260 Cost price = $\frac{1260}{1.2}$ = INR 1050 Hence, the correct answer is INR 1050.
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Question : A trader allowed a discount of 20% on a trolley bag having a list price of Rs. 4,296 and earns a profit of 20%. What is the cost price of the trolley bag?
Option 1: Rs. 2,572
Option 2: Rs. 2,500
Option 3: Rs. 3,026
Option 4: Rs. 2,864
Question : A trader allowed a discount of 25 percent on a trolley bag having a list price of Rs. 1488 and earns a profit of 20 percent. What is the cost price of the trolley bag?
Option 1: Rs. 908
Option 2: Rs. 880
Option 3: Rs. 930
Option 4: Rs. 960
Question : The marked price of a pen is 25% more than its cost price. The pen is sold for INR 220 after a discount of INR 30. What is the profit percentage?
Option 1: 10%
Option 2: 15%
Option 3: 20%
Option 4: 17.5%
Question : Akshay has 30 articles, each having the same cost price. He marked the price of each article at 30% above its cost price. He sold 15 of the articles at a discount of 20% each, and the remaining 15 articles at a discount of 10% each, thereby gaining a total profit of Rs. 630. What was the cost price of each article?
Option 1: Rs. 240
Option 2: Rs. 180
Option 3: Rs. 280
Option 4: Rs. 200
Question : At what percentage above the cost price must a person mark the price of an article so that he can enjoy a 20% profit after allowing a 20% discount?
Option 1: 40%
Option 2: 50%
Option 3: 60%
Option 4: 30%
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