Question : If the ratio of the cost price and selling price of an article is 20 : 21, then what will be the profit percent?
Option 1: 5%
Option 2:
4.5%
Option 3:
6%
Option 4:
7.5%
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Correct Answer: 5%
Solution : The ratio in cost price (CP) and selling price (SP) = 20 : 21 Let CP = Rs. 20 and SP = Rs. 21 Gain = SP – CP = Rs. 21 – 20 = Re. 1 Gain% = $\frac{\text{Total gain}\times 100}{\text{Cost price}}=\frac{1\times 100}{20}$ = 5% Hence, the correct answer is 5%.
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Question : Pankaj sells an article and earns a profit of 55 percent. What will be the ratio of cost price and selling price?
Option 1: 20 : 37
Option 2: 17 : 25
Option 3: 18 : 25
Option 4: 20 : 31
Question : The marked price of an article is 150 percent of the cost price. If a 30 percent discount is given, then what will be the profit percentage?
Option 1: 3 percent
Option 2: 5 percent
Option 3: 6 percent
Option 4: 4 percent
Question : An article is sold at a 5 percent loss. If its cost price is decreased by Rs. 20 and the selling price is increased by Rs. 13, then a profit of 10 percent is earned on it. What is the original selling price of the article?
Option 1: Rs 266.66
Option 2: Rs 221.66
Option 3: Rs 283.33
Option 4: Rs 250
Question : A trader marked the price of a commodity to include a profit of 25% but allowed a discount of 16% on the marked price. His actual profit will be:
Option 1: $16\%$
$25\%$
$5\%$
$9\%$
Question : If the cost price of an article is 80 percent of its selling price, then what is the profit percentage?
Option 1: 50%
Option 2: 33.33%
Option 3: 25%
Option 4: 30%
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