Question : The cost of an article worth Rs. 100 is increased by 10% first and again increased by 10%. The total increase (in Rs.) is:
Option 1: 20
Option 2: 21
Option 3: 110
Option 4: 121
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Correct Answer: 21
Solution : The cost of the article is increased by 10%. The new cost becomes, = 100 + $\frac{10}{100}$ × 100 = Rs. 110 Then, this new cost is again increased by 10%. The final cost becomes, = 110 + $\frac{10}{100}$ × 110 = Rs. 121 Therefore, the total increase in cost = 121 – 100 = Rs. 21 Hence, the correct answer is 21.
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Question : An article is sold at a 5 percent loss. If its cost price is decreased by Rs. 20 and the selling price is increased by Rs. 13, then a profit of 10 percent is earned on it. What is the original selling price of the article?
Option 1: Rs 266.66
Option 2: Rs 221.66
Option 3: Rs 283.33
Option 4: Rs 250
Question : The reduction of Rs. 12 in the selling price of an article will change a 5% gain into $2\frac{1}{2}$% loss. The cost price of the article is:
Option 1: Rs. 140
Option 2: Rs. 160
Option 3: Rs. 80
Option 4: Rs. 100
Question : A number is increased by 20% and then the increased number is decreased by 20%. The net increase or decrease is:
Option 1: Decrease 2%
Option 2: Increase 4%
Option 3: Increase 2%
Option 4: Decrease 4%
Question : The radius of a circle is increased by 10%. The percentage increase in its area is:
Option 1: 10%
Option 2: 11%
Option 3: 20%
Option 4: 21%
Question : A man sells an article at a loss of 10%. If he had sold it for Rs. 75 more he would have gained 20%. The cost price of the article is (in Rs.):
Option 1: 225
Option 2: 300
Option 3: 150
Option 4: 250
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