Question : If a shopkeeper allows a discount of 10% to his customers and still gains 30%, then the marked price of an article which costs INR 450 is:
Option 1: INR 700
Option 2: INR 650
Option 3: INR 500
Option 4: INR 750
Correct Answer: INR 650
Solution : Given: Cost price = INR 450 Selling price = $\frac{100+\text{profit %}}{100}\times$ cost price = $\frac{100+30}{100}\times450$ = $\frac{130}{100}\times450$ = 585 Selling price = $\frac{100-\text{discount %}}{100}\times$ mark price ⇒ $585 = \frac{100-10}{100}\times$ mark price ⇒ Mark price = $\frac{585\times100}{90}$ = 650 Hence, the correct answer is INR 650.
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Question : A person bought an article at a 30% discount on its marked price. The person then sold it at 30% profit for INR 427.70. What was the marked price of the article?
Option 1: INR 470
Option 2: INR 450
Option 4: INR 480
Question : A shopkeeper allows a discount of 15% on an article and still makes a profit of 20%. What does the shopkeeper pay for an article whose marked price is INR 7,200?
Option 1: INR 6,120
Option 2: INR 5,120
Option 3: INR 6,100
Option 4: INR 5,100
Question : After allowing a 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is INR 648, then its marked price is:
Option 1: INR 910.40
Option 2: INR 835.20
Option 3: INR 751.68
Option 4: INR 826.80
Question : After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is INR 300?
Option 1: INR 400
Option 2: INR 320
Option 3: INR 375
Option 4: INR 350
Question : If two successive discounts, each of 20% on the marked price of an article, are equal to a single discount of INR 331.20, then the marked price (in INR) of the article is:
Option 1: 920
Option 2: 750
Option 3: 1,200
Option 4: 645
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