Multiple Choice QuestionsA sells an article to B for Rs. 45000 losing 10% in the transaction. B sells it to C to a price which would have given a profit of 10% to A. By what percent does B gain?
C.
A'S C.P.
As B sells to C at 10% profit on A's CP
∴ B'S S.P.
B's C.P. = A'S S.P. = ₹ 45000
∴ B'S Profit per cent
A man had a certain amount with him. He spent 20% of that to buy an article and 5% of the remaining on transport. Then he gifted ₹ 120. If he is left with ₹ 1,400, the amount he spent on transport is
₹ 76
₹ 61
₹ 95
₹ 80
D.
₹ 80
Let a man had ₹ x in the initial.
Now, according to the question,
∴ Expenditure on transport
Tarun bought a T.V. with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved ₹ 500. At what price did he buy the T.V.?
₹ 7,500
₹ 8,500
₹ 8,000
₹ 7,400
C.
₹ 8,000
A shopkeeper sells sugar in such a way that the selling price of 950g of sugar is the same as the cost price of 1 kg of sugar. What is his gain percent?
5
A.
Required profit per cent
A sells an article to B making a profit of 
of his outlay, B sells it to C, gaining 20%. If C sells it for ₹ 600 and incurs a loss of 
of his outlay, the cost price of A is
₹ 600
₹ 500
₹ 720
₹ 800
B.
₹ 500
Selling for C = ₹ 600
Cost price for C
CP - S.P. = 
Cost price for C equals to selling price for B.
∴ Selling price for B = ₹ 720
Gain = 20%
Cost price for B
Cost price for B equals to the Selling price for A.
∴ Selling price for A = ₹ 600
Cost price for A
S.P. - C.P. = 
A sells an article to B at 15% profit. B sells it to C at 10% loss. If C pays Rs. 517.50 for it then A purchased it at
Rs. 500
Rs. 750
Rs. 1000
Rs. 1250
A.
Rs. 500
Shortcut Method:
If an article is old to B at x% profit/loss and B sells the same to C at y% profit loss. then A's CP.equals
∴ Required solution
A trader allows a trade discount of 20% and a cash discount of 
on the marked price of the goods and gets a net gain of 20% of the cost. By how much above the cost should the goods be marked for the sale?
40%
50%
60%
70%
C.
60%
Let the C.P. of article = ₹ 100
Marked price = ₹ x.
Single equivalent discount
Required percentage
A fan in a shop is offered at a discount of 10%. It is sold during clearance sale at 6% discount over the already discounted price at ₹ 846. The original marked price of the fan is
₹ 1000
₹ 946
₹ 850
₹ 896
A.
₹ 1000
Required M.P.
A person bought a horse and a carriage for Rs. 20000. Later, he sold the horse at 20% profit and the carriage at 10% loss. Thus, he gained 2% in the whole transaction. The cost price of the horse was
Rs. 7200
Rs. 7500
Rs. 8000
Rs. 9000
C.
Rs. 8000
Overall gain - 2%
Profit percent on horse = 20%
Loss percent on carriage = 10%
Required ratio = (2-(-10)) : (20 - 2) = 12 : 18 = 2 : 3
∴ The cost price of the horse was
The cost price of an article is 80% of its marked price for sale. How much per cent does the tradesman gain after allowing a discount of 12%?
20
12
10
8
C.
10
Let the marked price of the article = Rs. 100
∴ C.P. of an article = Rs. 80
Discount = 12%
∴ S.P. of an article = (100 - 12% of 100) = 100 - 12 = Rs. 88
Gain%= 
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