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
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Correct Answer: Rs. 1800
Solution : Given, Selling price (SP) = Rs. 1386 Loss % = 23 % Let cost price be $\text{CP}$. Hence, $\frac{\text{CP}(100-23)}{100}=1386$ ⇒ $\text{CP}(0.77)=1386$ ⇒ $\text{CP} = 1800$ Hence, the correct answer is Rs. 1800.
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Question : The selling price of a watch is Rs.1056 and the profit percentage is 10 percent. If the selling price is Rs. 800, then what will be the loss percentage?
Option 1: 16.66 percent
Option 2: 25 percent
Option 3: 12.5 percent
Option 4: 15 percent
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 : The marked price of a chair is Rs. 1,650. This chair is sold at two successive discounts of 10% and 20%. What is the selling price of the chair?
Option 1: Rs. 1,188
Option 2: Rs. 1,288
Option 3: Rs. 1,166
Option 4: Rs. 1,265
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 : 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
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