Ques 1.
While selling, a businessman allows 40% discount on the marked price and there is a loss of 30%. If it is sold at the marked price, profit per cent will be
Solution :
Marked Price = 100
After discount price = 100-40=60
60 ----- 70 %
X ----- 100% (Cost Price )
==> Cost Price = 600/7
If he sells at Marked Price Profit = 100 - 600/7 = 100/7
% of Profit = (100/7)/(600/7) * 100 = 100/6 %
Ques 2.
A man bought an article listed at Rs. 3000 with a discount of 20% offered on the list price. What additional discount must be offered to the man to bring the net price to Rs. 2208?
Solution :
==> 3000 * 80/100 * (100-X)/100 = 2208
==> X = 8%
Ques 3.
The marked price of a radio is Rs. 480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain per cent would be
Solution :
After allowing discount , price = X
X --------------- 90%
480 ------------- 100%
==> X = 432
Even he gains 8%
Cost Price = Y
Y -------- 100%
432 ------ 108%
Cost Price (Y) = 400
If he not allows discount % of gain = (80/400) * 100 = 20%
Ques 4.
The marked price of a clock is Rs. 3200. It is to be sold at Rs. 2448 at two successive discounts. If the first discount is 10%, then the second discount is
Solution :
==> 3200 * 90/100 * (100-X) /100 = 2448
==> X = 15%
Ques 5.
A dealer marks his goods 30% above his cost price and then allows 15% discount on it. What is the cost price of an article on which he gains Rs. 84?
Solution :
Effective change = 30-15-(30*15)/100 = +10.5%
10.5% ---------- 84
100% ----------- ?
Cost Price = 800
Ques 6.
A shopkeeper has announced 14% rebate on marked price of an article. If the selling price of the article is Rs. 645, then the marked price of the article will be
Solution :
645 ---------- 86%
? ----------- 100%
Marked Price = 750
Ques 7.
A merchant has announced 25% rebate on prices of readymade garments at the time of sale. If a purchaser needs to have a rebate of Rs. 400, then how many shirts, each costing Rs. 320, should he purchase?
Solution :
Marked price of a shirt = 320
And discount on a shirt = 320*25/100 = 80
Number of shirts has to be purchased to get a rebate of Rs. 400 = 400/80 = 5
Ques 8.
The difference between a discount of 40% on Rs. 500 and two successive discounts of 36% and 4% on the same amount is
Solution :
Effective Discount = -36-4+1.44 = +38.56%
Difference = 40-38.56 = 1.44 %
1.44% -------- X
100% -------- 500
X = 7.2
Ques 9.
If the price of an item is increased by 30% and then allows two successive discounts of 10% and 10%. In last the price of an item is
Solution :
Price of item = 100+30 = 130%
Price = 130 *90/100 * 90/100 = 105.3
Ques 10.
The cost price of an article is 64% of the marked price. The gain percentage after allowing a discount of 12% on the marked price is
Solution :
Marked Price = 100
Cost Price = 64
After allowing discount = 88
Gain percentage = 24/64 *100 = 37.5%
Ques 11.
A merchant marked the price on his goods 20% more than its cost price and allows a discount of 15%. His profit percent is
Solution :
==> 100 * 120/100 * 85 /100 = 102
==>Profit = 102 - 100 = 2%
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