Question : If books purchased at prices between Rs. 150 and Rs. 300 are sold within the price range of Rs. 250 to Rs. 350, what is the maximum potential profit from selling 15 books?
Option 1: Cannot be determined.
Option 2: Rs. 750
Option 3: Rs. 4250
Option 4: Rs. 3000
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Correct Answer: Rs. 3000
Solution : Minimum cost price = 150 × 15 = Rs. 2250 Maximum selling price = 350 × 15 = Rs. 5250 Maximum profit = 5250 – 2250 = Rs. 3000 Hence, the correct answer is Rs. 3000.
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Question : Anil sold an article at a loss of 15%. Had he sold it for Rs. 84 more, he would have gained 13%. At what price should he have sold it to gain 20%?
Option 1: Rs. 360
Option 2: Rs. 375
Option 3: Rs. 350
Option 4: Rs. 300
Question : An article was sold at a profit of 12%. If the cost price is 10% less and the selling price would be Rs. 5.75 more, there would be a profit of 30%. Then at what price it should be sold to make a profit of 20%?
Option 1: Rs. 115
Option 2: Rs. 120
Option 3: Rs. 138
Option 4: Rs. 215
Question : After allowing a 15% discount, the selling price of the radio becomes Rs. 255. The marked price is:
Option 1: Rs. 500
Option 2: Rs. 600
Option 3: Rs. 400
Question : A table is sold at Rs 1800 at a loss of 10%. At what price should it be sold to earn a profit of 15%?
Option 1: Rs. 2070
Option 2: Rs. 1890
Option 3: Rs. 2000
Option 4: Rs. 2300
Question : The list price of an electric fan is Rs. 300. If two successive discounts of 15% and 10% are allowed, its selling price would be:
Option 1: Rs. 227.50
Option 2: Rs. 225
Option 3: Rs. 230
Option 4: Rs. 229.50
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