1. A merchant finds his profit as 20% of the selling price. His actual profit percent is ?

20%

22%

25%

30%

Answer: 25%

Explanation:


2. By selling a bicycle for 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be ?

2,600

2,700

2,800

3,000

Answer: 2,700

Explanation:


3. The percentage of profit, when an article is sold for 78, is twice than when it is sold for 69. The cost price of the article is ?

49

51

57

60

Answer: 60

Explanation:


4. A fruit seller makes a profit of 20% by selling mangoes at a certain price. If he charges 1 more for each mango, he can make a profit of 40%. Find the selling price of a mango in the first case ?

6

5

5.50

7

Answer: 6

Explanation:


5. A shopkeeper bought 200 articles, each costing the same. He sold 30% of the articles at 20% profit and remaining at 10% profit. If the total profit made by him is 2600, find the cost price of one article ?

200

1300

2600

100

Answer: 100

Explanation:


6. A dishonest grocer sells rice at a profit of 10% and also uses weights which are 20% less than the marked weight. The total gain earned by him will be ?

37.5%

40%

30.5%

35%

Answer: 37.5%

Explanation:


7. By selling 25 metres of cloth a trader gains the selling price of 5 metres of cloth. The gain percent of the trader in % is ?

25%

20%

28%

29%

Answer: 25%

Explanation:


8. Arun marks up the computer he is selling by 20% profit and sells them at a discount of 15%. Arun’s net gain percent is ?

4%

2%

3.5%

2.5%

Answer: 2%

Explanation:


9. Peter buys a table for 450 and spends 30 on its transportation. If he sells the table for 600 his gain percent will be ?

30%

25%

28%

24%

Answer: 25%

Explanation:


10. If selling price of an article is reduced by 60%, then there is a loss of 10% on cost price. The initial profit percent was ?

70%

80%

100%

125%

Answer: 125%

Explanation: