1. A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains 56 on one item, his advertised price of the item, (in ) is ?

820

780

790

800

Answer: 800

Explanation:


2. How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price ?

50%

40%

60%

45%

Answer: 50%

Explanation:


3. A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much percent above the cost price is the marked price ?

36%

27%

30%

40%

Answer: 30%

Explanation:


4. A got 30% concession on the label price of an article sold for 8,750 with 25% profit on the price he bought. The label price was ?

13,000

16,000

12,000

10,000

Answer: 10,000

Explanation:


5. A clock was sold for 144. If the percentage of profit was numerically equal to the cost price, the cost of the clock was ?

72

80

90

100

Answer: 80

Explanation:


6. A merchant sold an article for 75 at a profit percent equal to its cost price. The cost price of the article was ?

45

50

54

60

Answer: 50

Explanation:


7. Last year Mr. A bought two paintings. This year he sold them for Rs. 20,000 each. On one, he made a 25% profit and on the other he had a 25% loss. Then his net profit or loss is ?

He lost more than Rs. 2000

He lost less than Rs. 2000

He earned more than Rs. 2000

He earned less than Rs. 2000

Answer: He lost more than Rs. 2000

Explanation:


8. A man sold an article at a loss of 20%. If he has sold that article for 12 more he would have gained 10%. Find the cost price of that article ?

60

40

30

22

Answer: 40

Explanation:


9. A man sells his typewriter at 5% loss. If he sells it for 80 more, he will gain 5%. The cost price of the typewriter is ?

1,600

1,200

1,000

800

Answer: 800

Explanation:


10. A cooker is sold at a gain of 16%. If it has been sold for 20 more, 20% would have been gained. The cost price of the cooker is ?

350

400

500

600

Answer: 500

Explanation: