Quest For Clerk Mains : Based on Profit & Loss

1. A tradesman marks his goods 30% above cost price. If he allows discount of 6(1/4)%, then his gain per cent is:

(b) 21(7/8)%

(c) 23(3/4)%

(d) 36(1/4)%

(e) None of these 

2. A fan is listed at Rs. 750 with a discount of 20%. What additional discount must be offered to the customer to bring the net price Rs. 540?

(a) 11(1/9)%

(e) None of these 

3. The marked price of an article is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller:

(a) bears no loss, no gain

(b) gains 1%

(c) loses 1%

(d) None of these

(e) can't be determine 

4. If a commission of 10% is given on the marked price of a book, the publisher gains 20%. If the commission is increased to 15%, the gain is:

(a) 16(2/3)%

(b) 13(1/3)%

(c) 15 (1/6)%

(e) None of these 

5. Tarun bought a T.V. 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 T.V.?

(a) Rs. 5000

(b) Rs. 10000

(c) Rs. 12000

(d) Rs. 16000

(e) None of these 

6. A discount series of 10%, 20% and 40% is equivalent to a single discount of:

(d) 70.28%

(e) None of these 

7. The difference between a discount of 40% on Rs. 500 and two successive discounts of 36% and 4% on the same amount is:

(c) Rs. 1.93

(d) Rs. 7.20

(e) None of these 

8. On an article with marked price Rs. 20000, a customer has a choice between three successive discounts of 20%, 20% and 10% and three successive discounts of 40%, 5% and 5%. By choosing the better offer, he can save:

(a) nothing 

(b) Rs. 690

(c) Rs. 715

(d) Rs. 785

(e) None of these 

9. An agent buys a T.V. set listed at Rs. 10000 and gets 10% and 20% successive discounts. He spends 10% of his C.P. on transport. At what price (in rupees) should he sell the T.V. set to earn a profit of 10%?

(e) None of these 

10. While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs. 15 less as profit. The marked price of the watch is:

(a) Rs. 697.50

(b) Rs. 712.50

(c) Rs. 787.50

(d) Rs. 750

(e) None of these 

Solution of the post will be posted at 10 pm!!

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