Question : Rima buys a chair for Rs. 1000 and sells it at a loss of 8%. What is the selling price of the chair?
Option 1: Rs. 920
Option 2: Rs. 900
Option 3: Rs. 980
Option 4: Rs. 1000
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Correct Answer: Rs. 920
Solution : Cost price of chair = Rs. 1000 Loss = 8% Selling price = $\frac{100- \text{Loss}\%}{100}×$ cost price = $\frac{100-8}{100}\times1000$ = $920$ Hence, the correct answer is Rs. 920.
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Question : Ramesh sells an article at a loss of 20%. If he buys it for 30% less price and sells it for INR 36 less price, then his profit will be 10%. What is the cost price of the article?
Option 1: 1000
Option 2: 1200
Option 3: 900
Option 4: 1500
Question : By selling a fan for Rs. 600, a man loses 10%. To make a gain of 20%, the selling price of the fan should be:
Option 1: Rs. 900
Option 2: Rs. 1000
Option 3: Rs. 700
Option 4: Rs. 800
Question : A shopkeeper sells an item at a loss of 8%. However, if he increases the selling price by Rs. 36, he could gain 12%. Find the cost price of the article (in Rs.).
Option 1: 180
Option 2: 270
Option 3: 150
Option 4: 360
Question : A man buys a toy for INR 400 and sells it at a loss of 15%. What is the selling price of the toy?
Option 1: INR 350
Option 2: INR 340
Option 3: INR 370
Option 4: INR 360
Question : The selling price of an article is Rs. 616. If the loss percentage is 30%, then what is the cost price of the article?
Option 1: Rs. 850
Option 2: Rs. 800
Option 3: Rs. 880
Option 4: Rs. 900
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