Question : If the selling price of an article is Rs. 816 and the discount on it is 15%, what would be the selling price of the article (in Rs.) if the discount on it is 25%?
Option 1: 750
Option 2: 720
Option 3: 800
Option 4: 700
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Correct Answer: 720
Solution : Let the marked price (MP) of the article be Rs. $x$. Selling Price = Marked Price × $\frac{100 - D}{100}$, where D is discount percentage. ⇒ $816 = x\times \frac{(100 -15)}{100}$ ⇒ $816 = 0.85x$ ⇒ $x= \frac{816}{0.85}$ ⇒ $x=$ Rs. 960 According to the question, If the discount is 25% then the selling price (SP) will be, $= 960 \times \frac{(100 -25)}{100}$ $= 960 \times \frac{75}{100}=$ Rs. 720 So, the selling price of the article will be Rs. 720, when the discount is 25%. Hence, the correct answer is 720.
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Question : A shopkeeper increases the price of an object by 40% and then sells it at a 25% discount on the marked price. If the selling price of such an object is Rs. 2100, its cost price for the shopkeeper is:
Option 1: Rs. 3,000
Option 2: Rs. 1,500
Option 3: Rs. 1,750
Option 4: Rs. 2,000
Question : A shopkeeper marks an article at such a price that after giving a discount of $12 \frac{1}{2} \%$ on the marked price, he still earns a profit of 15%. If the cost price of the article is Rs. 385, then the sum of the marked price and the selling price (in Rs.) of the article is:
Option 1: 948.75
Option 2: 849.5
Option 3: 984.75
Option 4: 954.75
Question : A trader gains 25% by selling an article with a 20% discount on its marked price. If the cost price of the article increases by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?
Option 1: 4.32%
Option 2: 5.08%
Option 3: 5.12%
Option 4: 4.87%
Question : A dealer gains 20% by selling an article at 25% discount on its marked price. If the cost price of the article is decreased by 15%, how much discount percentage should he now give on the same marked price so as to earn the same percentage of profit as before?
Option 1: 32.50%
Option 2: 35%
Option 3: 36.25%
Option 4: 37.75%
Question : A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.):
Option 1: 500
Option 2: 525
Option 3: 505
Option 4: 520
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