Question : An article is marked at Rs. 450. If it is sold at a discount of 20%, then the selling price becomes 1.5 times its cost price. What is the cost price?
Option 1: 360
Option 2: 240
Option 3: 330
Option 4: 270
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Correct Answer: 240
Solution : Given: An article is Marked at Rs. $450$. If it is sold at a discount of $20$%, then the selling price becomes $1.5$ times its cost price. The marked price is Rs. $450$ and the discount is $20$%. So, the selling price = $(450×\frac{80}{100})$ = Rs. $360$ Since the selling price is 1.5 times its cost price, So, the cost price = $\frac{360}{1.5}=360×\frac{10}{15}$ = Rs. $240$ Hence, the correct answer is 240.
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Question : Vinay sells an article at a profit of 20%. If both the cost price and selling price are reduced by Rs. 20, then the profit becomes 40%. What is the initial cost price?
Option 1: Rs. 80
Option 2: Rs. 60
Option 3: Rs. 50
Option 4: Rs. 40
Question : The marked price of an article is Rs. 1200. A discount of 40% is given. If there is a loss of 20%, then what is the cost price of the article?
Option 1: Rs. 780
Option 2: Rs. 850
Option 3: Rs. 1020
Option 4: Rs. 900
Question : A merchant loses 10% by selling an article. If the cost price of the article is Rs. 15, then the selling price of the article is:
Option 1: Rs. 13.20
Option 2: Rs. 16.50
Option 3: Rs. 12.30
Option 4: Rs. 13.50
Question : Manoj sold an article at a marked price of Rs. 13,000. Had he offered a discount of 10% on the marked price he would have earned a profit of 30%. What is the cost price?
Option 1: Rs. 10,000
Option 2: Rs. 9,900
Option 3: Rs. 9,000
Option 4: Rs. 11,000
Question : Piyush marks the price of his article as 30 percent more than its cost price. If he sells the article for Rs. 5720 after allowing a discount of 20 percent, then what will be the cost price of the article?
Option 1: Rs. 5350
Option 2: Rs. 5000
Option 3: Rs. 5500
Option 4: Rs. 5200
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