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Quiz 12
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Q.1
Find the selling price of an article if a shopkeeper allows two successive discounts of 5% each on the marked price of Rs. 80.
Rs. 70.10
Rs. 70.20
Rs. 72
Rs. 72.20
Q.2
Two items A and B are sold at a profit of 10% and 15% respectively. If the amount of profit received is the same, then the cost price of A and B may be = ?
Rs. 1000, Rs. 1500
Rs. 5000, Rs. 2000
Rs. 3000, Rs. 2000
Rs. 3000, Rs. 5000
Q.3
The difference between the selling price and cost price of an article is Rs. 210. If the profit percent is 25, then the selling price of the article is = ?
Rs. 950
Rs. 1050
Rs. 1150
Rs. 1250
Q.4
If selling price of an article is reduced by 60%, then there is a loss of 10% on cost price. The initial profit percent was = ?
70%
80%
100%
125%
Q.5
A man buys a toy for Rs. 25 and sells it for Rs. 30. His gain percent is = ?
20%
10%
5%
2.5%
Q.6
A dealer sold an article at 6% loss. Had he sold it for Rs. 64 more, he would have made a profit of 10%. Then the cost of the article is = ?
Rs. 400
Rs. 200
Rs. 164
Rs. 464
Q.7
If the cost price is 95% of the selling price, what is the profit percent = ?
4%
4.75%
5%
5.26%
Q.8
Successive discounts of 10%,12% and 15% amount to a single discount of -
32.68%
35.28%
36.68%
None of these
Q.9
A discount series of p% and q% on an invoice is the same as a single discount of -
$$\left[ {p + q + \frac{{pq}}{{100}}} \right]\% $$
$$\left[ {p - q + \frac{{pq}}{{100}}} \right]\% $$
$${\text{100 - }}\left[ {p + q + \frac{{pq}}{{100}}} \right]\% $$
None of these
Q.10
Raghavan purchased a scooter at $$\frac{{13}}{{15}}$$ of its selling price and sold it at 12% more than its selling price. His gain is = ?
20%
30%
$$38\frac{1}{{13}}$$%
$$29\frac{3}{{13}}$$%
Q.11
Two - third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400. Then the value of the consignment was = ?
Rs. 15000
Rs. 15500
Rs. 16000
Rs. 16500
Q.12
By selling an article, a man makes a profit of 25% of its selling price. His profit percent is = ?
20
25
$$16\frac{2}{3}$$
$$33\frac{1}{3}$$
Q.13
A cloth merchant sold half of his cloth at 20% profit, half of the remaining cloth at 20% loss and the rest was sold at its cost price. In the total transaction, his gain or loss will be = ?
5% profit
Neither loss nor gain
5% loss
10% profit
Q.14
After successive discounts of 12% and 5% an article was sold for Rs. 209. What was the original price of the article?
Rs. 226
Rs. 250
Rs. 252
Rs. 269
Q.15
Two stories A and B mark the price of an item identically. A allows 3 successive discounts of 10% each. B allows 10% discount on the list price and a subsequent discount of 19%. Under the circumstances, which of the following is true?
The price of the article is cheaper at A
The price of the article is cheaper at B
The price of the article is same at A and B
The price cannot be determined
Q.16
A shopkeeper offered a discount of 15% on the labelled price. By selling an article for Rs. 340 after giving discount he earned a profit of $$13\frac{1}{3}$$% . What would have been the percent profit earned if no discount was offered?
27
$$28\frac{1}{3}$$
$$30\frac{1}{3}$$
$$33\frac{1}{3}$$
None of these.
Q.17
A lady buys grocery worth Rs. 350 from a shop. The shopkeeper is selling the goods with zero profit.
The lady gives him Rs. 2000 note. The shopkeeper gets the change from the next shop, keeps 350 for himself and returns Rs.1650 to the lady.
Later, the shopkeeper of the next shop comes with Rs. 2000 note saying that it is a duplicate note and takes his money back.
How much loss did the shopkeeper face?
Rs. 3650
Rs. 2350
Rs. 2000
Rs. 4000
Rs. 1650
Q.18
A man buys some articles at Rs. P per dozen and sells them at Rs. $$\frac{{\text{P}}}{8}$$ per price. His profit percent is = ?
30%
40%
50%
60%
Q.19
Vanita bought a watch with 25% discount on the selling price. If the watch cost her Rs. 780, What is the original selling price of the watch?
Rs. 950
Rs. 1000
Rs. 1040
Cannot be determined
Q.20
Meena Kumari goes to a shop and buys a saree, costing Rs. 5225, including sales tax of 12%. The shopkeeper gives her a discount, so that the price is decreased by an amount equivalent to sales tax. The price is decreased by ( nearest value) ?
Rs. 615
Rs. 650
Rs. 560
Rs. 580
Q.21
Ramesh sold a book at a loss of 30%. If he has sold it for Rs. 140 more, he would have made a profit of 40%. The cost price of the book is = ?
Rs. 280
Rs. 200
Rs. 260
Rs. 300
Q.22
The difference between the selling price of an article at a profit of 15% and at a profit of 10% is Rs. 10. The cost price of the article is = ?
Rs. 100
Rs. 120
Rs. 150
Rs. 200
Q.23
An article was sold for Rs. y after giving a discount of x%. Then, its list price is ?
$$\frac{{100y}}{{100 - x}}$$
$$\frac{{100y}}{{1 - x}}$$
$$\frac{{100y}}{{1 - \left( {x/100} \right)}}$$
None of these
Q.24
In a sale, perfume is available at a discount of 15% on the selling price. If the perfume's discounted selling price is Rs. 3675.40, what was the original selling price of the perfume?
Rs. 4294
Rs. 4324
Rs. 4386
Rs. 4400
None of these
Q.25
A sells a watch to B and makes a loss of 12%. B makes a profit of $$12\frac{1}{2}$$% by selling the watch to C. If A sells the watch to be at the cost of which C purchased it, then the percentage of loss or profit of A will be = ?
1% loss
1% profit
2% loss
2% profit
Q.26
Supriya sold a washing machine for Rs. 8500. She incurred a loss of 15% in this transaction. At what price had she bought the washing machine ?
Rs. 10000
Rs. 1200
Rs. 11000
Rs. 10500
Q.27
The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of the article?
20%
18%
38%
None of these
Q.28
Jatin bought a refrigerator with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the refrigerator ?
Rs. 8000
Rs. 10,000
Rs. 12,500
Rs. 15,000
Q.29
Sanjay made a profit of 8% by selling a shirt after offering a discount of 12%. If the marked price of the shirt is Rs. 1080, find cost price = ?
Rs. 890
Rs. 780
Rs. 880
Rs. 900
Q.30
A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in percent will be?
20%
$$28\frac{4}{7}$$%
25%
$$28\frac{3}{7}$$%
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