Question : After allowing a discount of 12% on the marked price a shopkeeper still gains 21%. The marked price is above the cost price by:
Option 1: 25%
Option 2: 30%
Option 3: 37.5%
Option 4: 42.5%
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Correct Answer: 37.5%
Solution : Let the marked price be 100. 12% discount on marked price. $\therefore$ Selling price = 100 – 12 = 88 He still gains 21%. $\therefore$ Cost price = $\frac{100}{100+21}×88$ = 72.73 Difference = marked price – cost price = 100 – 72.73 = 27.37 $\therefore$ Required percentage $=\frac{27.37}{72.73}×100=37.5\%$ Hence, the correct answer is 37.5%.
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Question : A shopkeeper allows a discount of 20% on the marked price and still gains 12% on the whole. Find at what percentage above the cost price he marks his goods.
Option 1: 30%
Option 2: 10%
Option 3: 40%
Option 4: 20%
Question : What percentage above the cost price should a seller mark his goods so that, after allowing a discount of 20% on the marked price, he can earn a profit of 4%?
Option 2: 28%
Option 3: 42%
Option 4: 30%
Question : A dealer purchased a washing machine for Rs. 6400 . After allowing a discount of 20% on its marked price, he still gains 30%. Find the marked price of the washing machine.
Option 1: Rs. 12,000
Option 2: Rs. 10,400
Option 3: Rs. 11,000
Option 4: Rs. 13,000
Question : A shopkeeper sold sarees at Rs. 266 each after giving a 5% discount on the labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?
Option 1: Rs. 280
Option 2: Rs. 260
Option 3: Rs. 240
Option 4: Rs. 250
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
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