1. A dealer marks his goods at 40% above the cost price and allows a discount of 20% on the marked price. The dealer has a
(a) loss of 20%
(b) gain of 25%
(c) loss of 20%
(d) gain of 12%
2. The marked price of an article is 20% more than its cost price. A discount of 20% is given on the marked price. In this kind of sale, the seller bears
(a) no gain, no loss
(b) a loss of 4%
(c) a gain of 4%
(d) a gain of 8%
3. A shopkeeper fixed a price of an article 25% more of its cost price and then allowed 10% discount. The actual profit percent is
(a) 15%
(b) 13%
(c) 12.5%
(d) 12%
4. After allowing a discount of 16%, there was still a gain of 5%. Then the percentage of marked price over the cost price is
(a) 15%
(b) 18%
(c) 21%
(d) 25%
5. To gain 8% after allowing a discount of 10% by what percent cost price should be hibed in the list price?
(a) 9%
(b) 11%
(c) 18%
(d) 20%
6. A discount of 20% on one article is the same as a discount of 25% on another article the cost prices of two articles respectively can be (in Rs.) :
(a) 1000, 800
(b) 600, 800
(c) 500, 700
(d) 900, 1000
7. A bookseller makes 8 % profit after selling the book at 10% discount. The ratio of the cost price to the marked price is
(a) 5 : 6
(b) 6 : 5
(c) 4 : 5
(d) 5 : 4
8. A shopkeeper marks an article at Rs.60 and sells it at a discount of 15%. He also gives a give worth Rs. 3. If he still makes 20% profit, the cost price, in rupees, is
(a) 22
(b) 32
(c) 40
(d) 42
9. A shopkeeper lists the price of an article as Rs.500. But he gives a certain discount which allows the buyer to pay Rs. 500 for the article including 10% sales tax. The rate of discount is
(a) 10%
(b) 10 (1/11)%
(c) 9 (1/11)%
(d) 11%
10. 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%, his percentage of profit is
(a) 10%
(b) 11%
(c) 11 (1/9)%
(d) 12%
Note : Answers will be updated soon..............
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