1.  When a article is sold for Rs.3400, there is a loss of 2%. What is the cost price of the commodity?


Rs 3500.50
Rs 3200
Rs 3400.56
Rs 3469.34


Answer

 Option

loss=2% so, 98%………….3400 100%………..? ?=(3400×100)/98=3469.34

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2.  The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is?


Rs 500
Rs 515
Rs 550
Rs 600


Answer

 Option

110% of S.P. = 616 = S.P. = Rs.(616 x 100/110) = Rs.560. C.P. = Rs (100/112 x 560) = Rs 500

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3.  The ratio of the cost price to the marked price of the furniture is 3:5 and ratio of percentage profit to the percentage discount is 5:3.What is the discount percentage ?


3.33
6.66
15.15
9.99


Answer

 Option

CP:MP = 3: 5 P:D = 5:3 Let CP = 300; MP = 500 (5X/100)×300 + (3X/100)×500 = 100 15X+15X = 100 X=(100/30) = 3.33 Discount = 3×3.33 = 9.99

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4.  The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?


2200
2400
2500
2000


Answer

 Option

Let CP is x. Then (1920-x)/x*100= (x-1280)/x*100 On solving x=1600 Selling Price = 1600*125/100= Rs. 2000

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5.  The marked price of a watch was Rs. 720.A man brought the same for Rs.550.80 after getting two successive discounts the first being 10% .What was the second discount rate?


12%
14%
15%
18%


Answer

 Option

Let the second discount rate be x% Then, (100 – x)% of 90% of 720 = 550.80 => (100 – x)/100 x 90/100 x 720 = 550.80 = (100-x) = [55080/(9 x 72) = 85 => x= 15 second discount rate =15%

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