Question : Ramesh purchases a table and a chair for Rs.3,900. He sells the table at a profit of 8% and the chair at a profit of 16%. He earns a profit of Rs.540. What is the difference between the original price of the table and the chair?
Option 1: Rs. 2,000
Option 2: Rs. 1,800
Option 3: Rs. 1,900
Option 4: Rs. 1,700
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Correct Answer: Rs. 1,800
Solution : Let the original price of the chair be Rs. Q. The original price of the table = Rs. (3900 – Q) According to the question, Q × 16% + (3900 – Q) × 8% = 540 ⇒ 16Q + 3900 × 8 – 8Q = 54000 ⇒ 8Q = 54000 – 3900 × 8 ⇒ 8Q = 22800 ⇒ Q = 2850 So, the original price of the table = 3900 – 2850 = Rs. 1050 Now, the price difference between the chair and table = 2850 – 1050 = Rs. 1800 Hence, the correct answer is Rs. 1,800.
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Question : A shopkeeper listed the marked price of a chair at a certain amount. If the shopkeeper declares a 15% discount and sells it at Rs.1,445. What is the marked price?
Option 1: Rs. 1,750
Option 3: Rs. 1,700
Option 4: Rs. 1,850
Question : A sold a horse to B for Rs. 4800, losing 20%. B sells it to C at a price that would have given A a profit of 15%. B's gain is:
Option 1: Rs. 1,800
Option 2: Rs. 1,900
Option 3: Rs. 2,000
Option 4: Rs. 2,100
Question : The percentage profit earned by selling an article for Rs. 2,000 is the same as the percentage loss incurred by selling the same article for Rs. 1,200. At what price should that article be sold to make a profit of 20%?
Option 1: 2,000
Option 2: 1,800
Option 3: 1,920
Option 4: 1,840
Question : Ramesh sold a book at a loss of 30%. If he had sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is:
Option 1: Rs. 280
Option 2: Rs. 200
Option 3: Rs. 260
Option 4: Rs. 300
Question : An article is listed at Rs. 2375. A man purchases it at two successive discounts of 50% and 25% and spends Rs. 165 on the repair of the article. If he sells the article at a profit of 62.5%, what is the selling price (in rupees) of the article?
Option 1: 1467.6
Option 2: 1492.6
Option 3: 1715.39
Option 4: 1460.6
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