Question : By selling a coat for Rs. 630, a shopkeeper gains 5%. Find the cost price of the coat.
Option 1: Rs. 700
Option 2: Rs. 625
Option 3: Rs. 600
Option 4: Rs. 650
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Correct Answer: Rs. 600
Solution : Let the cost price be $x$. Selling price = Rs. 630 Profit = 5% So, Profit % = $[\frac{\text{Selling Price – Cost Price}}{\text{Cost Price}} ] \times100$ ⇒ $5 = [\frac{630 - x}{x}]\times100$ ⇒ $0.05x = 630 - x$ ⇒ $1.05x = 630$ $\therefore$ $x$ = Rs. 600 Hence, the correct answer is Rs. 600.
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Question : By selling a fan for Rs. 600, a man loses 10%. To make a gain of 20%, the selling price of the fan should be:
Option 1: Rs. 900
Option 2: Rs. 1000
Option 3: Rs. 700
Option 4: Rs. 800
Question : By selling 35 articles, a shopkeeper gains the selling price of 15 articles. Find his gain percentage.
Option 1: 88%
Option 2: 40%
Option 3: 75%
Option 4: 60%
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 : Alkhil bought 13 kg of apples for Rs. 2,400. He sold them at a profit equal to the selling price of 7 kg of apples. Find the selling price of apples per kg.
Option 1: Rs. 400
Option 2: Rs. 650
Option 4: Rs. 600
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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