A man gains 10% by selling an article for a certain price. If he sells it at double the price, then the profit made is
120%
20%
40%
100%
The cost of manufacture of an article was ₹ 900. The trader wants to gain 25% after giving a discount of 10%. The marked price should be
₹ 1000
₹ 1500
₹ 1250
₹ 1200
Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his per cent loss on the labelled price?
4
8
2
6
The marked price of a watch was ₹ 720. A man bought the same for ₹ 550.80 after getting 2 successive discounts, the 1st being 10%. What was the 2nd discount?
18%
12%
14%
15%
A person bought two bicycles for ₹ 1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get ₹ 5 more. The difference in the cost price of the two bicycles was
₹ 25
₹ 75
₹ 50
₹ 40
C.
₹ 50
Shortcut Method:
Total cost price = ₹ 1600
Let CP1 = 600 and CP2 = 1000
Case I,
When he sells first at 10% profit and second at 20% profit:
∴ Profit on CP1 = 10% on 600 = ₹ 60
Profit on CP2 = 20% on 1000 = ₹ 200
Total Profit = ₹ 260 ...(i)
Case II,
When he sells first at 20% profit and second at 10% profit:
∴ Profit on CP1 = 20% on 600 = ₹ 120
Profit on CP2 = 10% on 1000 = ₹ 100
Total Profit = ₹ 220 ...(ii)
Difference in Profit [(i) - (ii)} = ₹ 260 - ₹ 220 =₹ 40
When difference in profit is ₹ 40, then difference in cost price would be ₹ (1000 - 600)= ₹ 400.
When difference in profit is ₹ 5, then difference in cost price would be:
A retailer purchased radio sets at the rate of ₹ 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit will be
19%
78.4%
22%
19.6%
A fruit seller buys some oranges at the rate of 4 for ₹ 10 and an equal number more at 5 for ₹ 10. He sells the whole lot at 9 for ₹ 20. What is his loss or gain per cent.
Loss per cent
Gain per cent
No loss or no profit
Loss per cent 2%
10% discount and then 20% discount in succession is equivalent to total discount of
15%
24%
30%
28%
The market price of a watch was ₹ 720. A man bought the same for ₹ 550.80 after getting two successive discounts, the first being 10%. The second discount rate is
12%
14%
15%
18%
Allowing 20% and 15% successive discounts, the selling price of an article become ₹ 3060, then the marked price will be
₹ 5000
₹ 4400
₹ 4500
₹ 4000