Question : Articles are marked at a price which gives a profit of 25%. After allowing a certain discount, the profit reduces to $12\frac{1}{2}$%. The discount percent is:
Option 1: 11.1%
Option 2: 10%
Option 3: 12.5%
Option 4: 12%
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Correct Answer: 10%
Solution : Let the cost price of each article be Rs. 100. $\therefore$ Marked price = Rs. (100 + 25) = Rs 125 On giving a discount, Selling price = Rs. 112.5 $\therefore$ Discount percentage = $\frac{\text{Discount}}{\text{Marked Price}}×100$% =$\frac{(125 – 112.5)}{125}$ = 10% Hence, the correct answer is 10%.
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Question : A shopkeeper sold an item at 10% loss after giving a discount equal to half the marked price. Then the cost price is:
Option 1: $\frac{1}{9}$th of the marked price
Option 2: $\frac{4}{9}$th of the marked price
Option 3: $\frac{5}{9}$th of the marked price
Option 4: $\frac{7}{9}$th of the marked price
Question : The marked price of the article is Rs. 5,000. But due to a special festive offer a certain percent discount is declared, Mr. X availed of this opportunity and bought the article at a reduced price. He then sold it at Rs. 5,000 and thereby made a profit of $11\frac{1}{9}\%$. The percentage of discount was:
Option 1: $10\%$
Option 2: $3\frac{1}{3}\%$
Option 3: $7\frac{1}{2}\%%$
Option 4: $11\frac{1}{9}\%$
Question : The marked price of an article is 20% more than its cost price. What is the profit percent if a 5% discount is given on the marked price?
Option 1: 5
Option 2: 14
Option 3: 15
Option 4: 25
Question : A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price by giving a 10% discount and the rest by giving a 50% discount on the marked price. What is his overall profit or loss percentage?
Option 1: Loss 2.8%
Option 2: Profit 2.8%
Option 3: Profit 3.6%
Option 4: Loss 3.6%
Question : The cost price of an article is INR 800. After allowing a discount of 10%, a gain of 12.5% was made. The marked price of the article is:
Option 1: INR 1,300
Option 2: INR 1,200
Option 3: INR 1,000
Option 4: 1,1000
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