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 Multiple Choice QuestionsMultiple Choice Questions

11.

A man buys a chair and a table for Rs. 6000. He sells the chair at a loss of 10% and the table at a gain of 10%. He still gains Rs. 100 on the whole. The cost price of the chair is

  • Rs. 2500

  • Rs. 2850

  • Rs. 3050

  • Rs. 3050

82 Views

12.

What percentage of profit on cost price equals 30% of profit on selling price?

  • 33 1 third
  • 36

  • 38 4 over 7
  • 38 4 over 7
114 Views

13.

A dealer allows his customers a discount of 25% and still gains 25%. If an article costs Rs.1,440 to the dealer; then its marked price is

  • Rs.1,850

  • Rs.2,400

  • Rs.2560

  • Rs.2560

103 Views

14.

The difference between a discount of 30% and two successive discounts of 20% and 10% on the marked price of an article is Rs. 144. The marked price of the article is

  • Rs. 7,200

  • Rs.7,400

  • Rs. 7,500

  • Rs. 7,500

124 Views

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15.

A tradesman marks his goods at 20% above the cost price. He allows his customers a discount of 8% on the marked price. Then his profit per cent is 

  • 10.4%

  • 11%

  • 12.2%

  • 12.2%

157 Views

16.

If a man reduces the selling price of a fan from Rs. 1,250 to Rs. 1,000, his loss increases by 10%. The cost price of the fan is

  • Rs. 2,400

  • Rs. 2,450

  • Rs. 2,500

  • Rs. 2,500

231 Views

17.

A man sold an article at a gain of 5%. Had he sold it for Rs. 240 more, he would have gained 8%. The cost price of the article is 

  • Rs. 6,000

  • Rs. 10,000

  • Rs. 12,000

  • Rs. 12,000

177 Views

18.

The profit obtained by selling an article for Rs. 625 is same as the loss incurred if it is sold for Rs. 545. The price at which it is to be sold to realize a profit of Rs. 65 on the cost price is

  • Rs.640

  • Rs. 630

  • Rs. 650

  • Rs. 650

135 Views

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19.

Rahul sells a machine for ₹ 50 lakh at a loss. Had he sold it for ₹ 60 lakh, his gain would have 7 times the earlier loss. What is the cost price of the machine?

  • ₹ 51.25 lakh

  • ₹ 58.75 lakh

  • ₹ 67.14 lakh

  • ₹ 43.75 lakh


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20.

If a merchant offers a discount of 20% on the list price, then she makes a loss of 16%. What percent profit or percent loss will she make if she sells goods at a discount of 10% of the list price?

  • 14% profit

  • 20% profit

  • 50% profit

  • 5.5% loss


D.

5.5% loss

Let the marked price be ₹ 100/-
  ∴   Selling Price
               space equals space 100 space cross times 80 over 100 space equals space ₹ space 80 divided by negative
Loss = 16%(given)
∴  Cost price
           equals space 80 space cross times space fraction numerator 100 over denominator left parenthesis 100 minus 16 right parenthesis end fraction
equals space 80 space cross times space 100 over 84
equals space ₹ space space 2000 over 21
New discount = 10%
∴  New S.P.
      equals space 100 space cross times space 90 over 100 space equals space ₹ space 90 divided by negative
∴   Required loss percentage:
          equals space fraction numerator begin display style 2000 over 21 end style minus 90 over denominator begin display style 2000 over 21 end style end fraction space cross times space 100
equals space fraction numerator 2000 space minus space 1890 over denominator 21 end fraction space cross times space 21 over 2000 space cross times space 100
equals 110 over 20 space equals space 5.5 percent sign



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