Description : A merchant dealer gives successive discounts of 10% and 20% in that order and makes a profit of 20%. what will be the profit if he offers a single flat discount of 30%? a) 20% b) 16.67% c) 18% d) 14% e) None of these
Last Answer : let marked price be 100. SP with 10%, 20% = 80% of (90% of 100) = 72. profit = 20% so CP = 72/1.20 = Rs. 60 by offering a flat discount of 30%, sales price = 70% of 100 = 70 profit = (70 - 60) ×100 / 60 = 16.67% Answer: b)
Description : A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400? A. 12.5% B. 10% C. 12% D. 15%
Last Answer : Answer – A. 12.5% Explanation – S.P after 1st discount, 100%………2000 80%………? ?=2000×80/100=1600 Net S.P = Rs. 1400. Discount on Rs. 1600 = Rs. 200. ∴Required discount = (200/1600 x 100)% =12.5%
Description : 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 [The Pearson Guide book] A. Rs 500 B. Rs 515 C. Rs 550 D. Rs 600
Last Answer : Answer – A. Rs 500 Explanation – 110% of S.P. = 616 = S.P. = Rs.(616 x 100/110) = Rs.560. C.P. = Rs (100/112 x 560) = Rs 500
Description : A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss
Last Answer : CP of the article
Description : Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have ... a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50
Last Answer : Marked price = 11250 × 10/9 = Rs. 12500 Total cost=12500 + 150 + 800=Rs. 13450 S.P = 13450 × 115/100 = Rs. 15467.50 Answer: d)
Description : Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800
Last Answer : c)500
Description : Which of the following series of discounts is the best for a customer? (A) Successive discounts of 10% ,20%,30% (B) Successive discounts of 20%,20%,20% (C) Successive discounts of 15%,15%,15%,15% (D) Successive discounts of 20%,40% a) A b) B c) C d) D e) A and B
Last Answer : consider the price as 100 A = 100 × 0.9 × 0.8 × 0.7 =50.4 B = 100 × 0.8 × 0.8 × 0.8=51.2 C = 100 × 0.85 × 0.85 × 0.85 ×0.85 ~ =52.2 D = 100 × 0.8 × 0.6 =48 We see that the maximum discount of 52% (100-48) is on D, which is the best for a customer. Answer : d
Description : A trader sold a trouser at 44% profit after announcing two successive discounts of 10% and 20%. At what percentage did he mark the trouser above the cost price? a)60% b)100% c)180% d)175%
Last Answer : b)100%
Description : Difference between the compound interest and the simple interest accrued on an amount of Rs. 18000 in two year is Rs. 405. What was the rate of interest? 1) 14% 2) 16% 3) 12.5% 4) 15% 5) 15.5%
Last Answer : 4) 15%
Description : A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a mobile. If the final sale price of the mobile is 704. then what is its labelled price? A. Rs 844 B. Rs 920 C. Rs 1000 D. Rs 1100
Last Answer : Answer – C. Rs 1000 Explanation – Let the labeled price be Rs. x 88% of 80% of x = 704 => x = (704 x 100 x 100/88 x 80)= 1000.
Description : A project has the following cash inflows Rs.34,444; Rs.39,877; Rs.25,000; and Rs.52,800 for years 1 through 4, respectively. The initial cash outflow is Rs.104,000. Which of the following four statements ... than or equal to 14%, but less than 18%. D. The IRR is greater than or equal to 18%.
Last Answer : C. The IRR is greater than or equal to 14%, but less than 18%.
Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%
Last Answer : a)56.25%
Description : The labelled price of a product is Rs 750. If it is sold at a 20% discount, the dealer earns a 25% profit. What is the cost price? 1. Rs 550 2. Rs 450 3. Rs 435 4. Rs 480
Last Answer : 1. Rs 550
Description : A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these
Last Answer : Labelled price = [(14280×100)/85] = Rs. 16800 Or, 23X/120 = 69/5 Or, X= [(69×120)/(23×5)] = 72km. Answer is: c)
Description : A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent? A. 10% B. 22% C. 25% D. 26%
Last Answer : Answer – A (10%) Explanation – Let the marked price of each pen be Re. 1. Then, C.P. of 40 pens = Rs. 36. S.P. of 40 pens = 99% of Rs. 40 = Rs. 39.60. ∴ Profit% = [3.60/36 x 100]% = 10%.
Description : A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be: a) 1750 b) 1800 c) 1857.75 d) 1925 e) None of these
Last Answer : 120 = 10% of the CP (2.5% loss to 7.5% profit) Or CP = Rs. 1200 To gain 12.5%, SP = 1200 × 1.125 = Rs. 1350 Rs. 1350 = 25% discounted of Marked Price Or marked Price = 1350/0.75 = Rs. 1800 Answer: b)
Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720
Last Answer : c)3360
Description : A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%
Last Answer : d)56 1/4%
Description : In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %?
Last Answer : Mp= Rs x Sp= 90x/100= 9x/10 Mp= 9x/10*100/115=18x/23 Mp has increased by (x-18x/23)/(18x/23)*100 =27.7%
Description : Under GST, Smartphones will be taxed at ................... per cent. (A) 14% (B) 12% (C) 18% (D) 5%
Last Answer : (B) 12%
Description : By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%
Last Answer : (d) 5%
Description : Ayurvedic products comes under which rate structure? (A) 14% (B) 15% (C) 12% (D) 11%
Last Answer : C) 12%
Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500
Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)
Description : P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?
Last Answer : discount offer by by P= 10 % of 56000 = Rs. 5600 total discount offer by Q= 12% of 40,000+8% of 16000 =4800+1280=Rs. 6080 required difference= 6080-5600= Rs.480
Description : Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%
Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%
Description : A person sold one-third of the total quantity of goods at a profit of 15%. At what profit percent should the remaining quantity be sold so that he makes an overall gain of 21%? 1 : 18% 2 : 27% 3 : 33% 4 : 30% 5 : None of these
Last Answer : 5 : None of these
Description : On selling a fan at 8% loss and an iron box at 18% gain, a man gains rs.346.If he sells the fan at 7% gain and the iron box at 15% gain, then he gains rs.450. The actual price of the iron box is approximately?
Last Answer : Let the cost price of the fan be Rs X and Cost of the iron box beRs Y Then 18%Y – 8% X=346 ; That is 18Y-8X=34600 1 And 15%Y+8% X=450 ; that is 15Y+8X=450002 Solving 1 and 2 we get X=1102.275 Y=2412.12 therefore cost of ironbox is = 2412(approx.)
Description : Amar sold a camera at 20% profit to Bhavan. Bhavan sold it to Chetan at 30% loss. Chetan bought the camera for Rs.840. find the cost price of Chetan, had Amar sold the camera to Bhavan at 30% loss and Bhavan sold it to Chetan at 20% profit (in Rs.) a)1160 b)1080 c)840 d)720
Last Answer : c)840
Description : Vijay marked his camera at 50% above his cost price. He sold it after allowing discount and still made a profit of 20%. What is the discount percentage he offered on it? a)20% b)25% c)30% d)35%
Last Answer : a)20%
Description : A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be: A. Rs 30, Rs 20 B. Rs 90, Rs 40 C. Rs 80, Rs 40 D. Rs 50, Rs 40
Last Answer : Answer – C. Rs 80, Rs 40 Explanation – Let the costs of the two articles be x and y. Then, 25% of x = 50% of y => x/y = 50/25 = 2/1 So,x and y must be in the ratio of 2:1
Description : Bank of India has sold how much percent of its stake in Star Union Dai-Ichi Life insurance to Dai-Ichi? A) 18% B) 26% C) 38% D) 15% E) 12%
Last Answer : A) 18% Explanation: The shareholding of Dai-Ichi in the Indian life insurance venture will now increase from 26% to 44% while Bank of India‘s shareholding will decrease from 30% to 48%. Union Bank will continue to hold 26%.
Description : If high yield strength deformed bars are used, the are of distribution reinforcement in slabs, should not less than. (a) 0.12% of the gross area of concrete (b) 0.15% of the gross area of concrete (c) 0.18% of the gross area of concrete (d) 0.20% of the gross area of concrete
Last Answer : (a) 0.12% of the gross area of concrete
Description : If plain bars are used, the area of distribution reinforcement in slabs should not less than (a) 0.12% of the gross area f concrete (b) 0.15% of the gross area of concrete (c) 0.18% of the gross area of concrete (d) 0.20% of the gross area of concrete
Last Answer : (b) 0.15% of the gross area of concrete
Description : The volume shrinkage of methyl metacrylate monomer when polymerized is:** A. 12% B. 15% C. 18% D. 21%
Last Answer : D. 21%
Description : Every year before the Diwali festival, the kumaran stores increases the price of the product by 48% and then introduce two successive discount of 12% and 13% respectively. What is percentage loss and percentage gain ?
Last Answer : Let CP = 100, 48 % increase =>SP = 148 12 % discount in SP => ((148 x 12)/100) = 17.76 So 1st SP = (148 – 17.76) = 130.24 13 % discount in 1st SP ((130.24x13)/100) = 16.93 2nd SP = 130.24-16.93= 113.31 So finally CP = 100, SP = 113.31 => gain = 13.31%
Description : A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it?
Last Answer : Let dealer marked price = 100%, Retailer's C.P = 60% And the retailer sells at 10% less than the marked price =>S.P = 90% If S.P of 90% of the retailer costs Rs.38 to customer, So its C.P of 60% will cost 60*38/90 = 25 Profit made by the retailer = 38-25 = Rs.13
Description : Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.
Last Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%
Description : If a discount of 16% is given on the marked price of a book, the publisher gains 20%. If the discount is increased to 20% the gain percent is 1) 14 2/7% 2) 14 1/7% 3) 14 3/7% 4) 14 4/7% 5) 14 5/7%
Last Answer : 1) 14 2/7%
Description : What is the wholesale cost of a dress? a. The dress was listed at a price that would have given the store a profit of 20 percent of the wholesale cost. b. After as 10% discount on the list price ... question. e) If the data in statement a, b and c together are not sufficient to answer the question.
Last Answer : Let C be the wholesale price, listed Price be P. from (a), P = 1.2C From (b), 0.9P = C + 10. Using statement (a), 1.2C = C + 10, from this we can determine C. From (C), ... even if we combine information from other statements. So (a) and (b) together are sufficient to answer the question. Answer: c)
Description : ?% of 725 + 14% of 2100 = 700 a) 64 b) 80 c) 72 d) 56 e) 48
Last Answer : ?% × 725 +14 × 21=700 =>?% × 725 +294 =700 => ?% × 725 =406 =>?=406/725 × 100 =56 Answer: d)
Description : According to IS 399-1963, the weight of the timber is specified at (A) 8% moisture content (B) 10% moisture content (C) 12% moisture content (D) 14% moisture content
Last Answer : Answer: Option C
Description : Nandu purchased a mobile phone and got a discount of 5% from dealer. he sold that mobile phone at a profit of 10% on his purchase price. What is the percentage profit on actual price of the mobile phone? 1. 2% 2. 3% 3. 4% 4. 4.5 %
Last Answer : 4. 4.5 %
Description : A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%? a) Rs. 782 b) Rs. 792 c) Rs. 796 d) Rs. 800 e) Rs. 806
Last Answer : Let the cost price be Rs. X :. Selling price = 85X/100 If profit is 24% then selling price = 124X/100 Now, (124X/100) – (85X/100) = 241.8 Or. X= (24180/39) = Rs.620 For 30% gain SP = (130/100)×620 = Rs. 806 Answer is: e)
Description : A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?
Last Answer : Let CP= x Sp of each cloth =80/100*x =720 x= 720*100/80 =900 CP= 900* 100/140 =Rs 643.
Description : Food must be moist, with a minimum water content of _____before contamination by microorganisms and spoilage can occur. a. 18% to 20% b. 10 to 15% c. 5 to 10% d. 0 to 5%
Last Answer : a. 18% to 20%
Description : Mohan brought a cycle for Rs 425 and then sold it at a loss of 8% of the cost price. For how much did he sell the cycle? 1. Rs 453 2. Rs 419 3. Rs 441 4. Rs 437
Last Answer : 4. Rs 437
Description : If the S.P of Rs.40 results in a 20% discount on list price. What S.P would result in a 30% discount on list price? A. Rs 18 B. Rs 20 C. Rs 35 D. Rs 27
Last Answer : Answer – C. Rs 35 Explanation – Let the list price be Rs. x 80/100x = 40 => x = 40 x 100/80 = 50 ∴ Required S.P. = 70% of Rs. 50=Rs.35
Description : Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000
Last Answer : Answer – A. Rs 5,000 Explanation – Let the labelled price be Rs.x Then, (80% of x)- (70% of x) = 500 10% of x =500 10%………..500 100%…………? ?= (500 x 100/10) = 5000=x
Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975
Last Answer : 3; SP = 100, SP (with tax) = 130 New SP = 100 - 5 = 95 Effective discount = 130 - 95 = 35 So, when SP of 95, discount = 35 And when SP of Rs. 16,150, discount = 35/95x16150 = Rs. 5950