Question : Ramesh marks his goods 30% above the cost price. If he sells the item for Rs. 910 after allowing a discount of 15%, find his cost price.
Option 1: Rs. 823.5
Option 2: Rs. 758
Option 3: Rs. 814.2
Option 4: Rs. 856.5
Correct Answer: Rs. 823.5
Solution : Let the cost price of the article be $x$. Ramesh marks his goods 30% above cost price = $x \times \frac{130}{100} = \frac{13x}{10}$ Now, according to the question: The item is sold at a 15% discount. ⇒ $\frac{13x}{10} \times \frac{85}{100} = 910$ $\therefore x= \frac{910000}{1105} = 823.5$ Hence, the correct answer is Rs. 823.5.
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Question : A merchant marks up the price of his goods by 40% more than the cost price. He then sells $\frac{1}{5}$ th of his goods at a discount of 10%, half of the goods at the marked price and the rest of the goods at a discount of 20%. Find his profit percentage.
Option 1: 20.4%
Option 2: 30.4%
Option 3: 28.8%
Option 4: 14.6%
Question : A shopkeeper sells his items using a faulty balance which measures 25% less. He then marks up his items 15% above the cost price. If he also gives a discount of 10%, then find his net profit percentage on 1 kg items.
Option 1: 32%
Option 2: 41%
Option 3: 44%
Option 4: 38%
Question : A tradesman marks his goods at 26% above the cost price. He allows his customers a discount of 12% on the marked price. His profit percentage is:
Option 1: 10.88%
Option 2: 11.08%
Option 3: 10.50%
Option 4: 10%
Question : A shopkeeper allows a discount of 15% on a textbook with a marked price of Rs. 100. On request, he further allows a discount of 10% on the new price of the goods. What is the overall discount given to the customer?
Option 1: Rs. 23.50
Option 2: Rs. 75.00
Option 3: Rs. 25.00
Option 4: Rs. 76.50
Question : An item with a marked price of Rs.1,940 was sold at a discount of 15%. At what price (in Rs.) was the item sold?
Option 1: 1659
Option 2: 1639
Option 3: 1649
Option 4: 1654
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