Question : On selling a table for Rs. 210 and Rs. 420 there will be a loss of $L_1 \%$ and $L_2 \%$ respectively. If $L_1-L_2=7$, then what is the cost price of the table:
Option 1: Rs. 5,000
Option 2: Rs. 3,000
Option 3: Rs. 7,000
Option 4: Rs. 4,000
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Correct Answer: Rs. 3,000
Solution : Given: $SP_1=210$ $SP_2=420$ Here, the cost price is denoted by CP and the selling price is denoted by SP. Difference between Selling Prices = 420 – 210 = 210 If there is a loss and $L_1-L_2=7$ Then, 7% of cost price (Loss) = Difference between the selling prices $⇒\frac{7}{100} \times CP = 210$ $⇒CP = 3000$ Hence, the correct answer is Rs. 3,000.
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Question : The selling price of a chair is Rs. 1386. If the loss percent is 23%, then what is the cost price (in Rs.) of the chair?
Option 1: Rs. 1600
Option 2: Rs. 1800
Option 3: Rs. 1900
Option 4: Rs. 1067
Question : A merchant loses 10% by selling an article. If the cost price of the article is Rs. 15, then the selling price of the article is:
Option 1: Rs. 13.20
Option 2: Rs. 16.50
Option 3: Rs. 12.30
Option 4: Rs. 13.50
Question : Vinay sells an article at a profit of 20%. If both the cost price and selling price are reduced by Rs. 20, then the profit becomes 40%. What is the initial cost price?
Option 1: Rs. 80
Option 2: Rs. 60
Option 3: Rs. 50
Option 4: Rs. 40
Question : The selling price of a glass is Rs 1965, and the loss per cent is 25%. If the selling price is Rs 3013, then what will be the profit percentage?
Option 1: 13
Option 2: 10.4
Option 3: 15
Option 4: 20
Question : On selling 14 notebooks a seller makes a profit equal to the selling price of 9 notebooks. Find his percentage of profit. (The selling price of all notebooks is the same. The cost price of all notebooks is the same.)
Option 1: 210%
Option 2: 180%
Option 3: 140%
Option 4: 130%
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