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Q:

A dealer buys an article at a discount of 20% on its list price and marks it at 25% above the list price. If he allows a 20% discount on the new list price, then his profit percent is

 

A) 25 B) 20
C) 24 D) 27

Answer:   A) 25



Explanation:
Q:

Mohan offers to sell his articles at a discount of 20%, but he marks his articles by increasing the price of each by 35%. What percentage would his gain be?

 

A) 9% B) 7%
C) 8% D) 10%
 
Answer & Explanation Answer: C) 8%

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0 43
Q:

A sells an item at 20% profit to B, B sells the same at 10% profit to C and receives ₹1,32,000.0. Had C purchased the same item from  A, he would have spent 5% less than what he spent with B. What profit would A have made then?

A) ₹25,400 B) ₹25,540
C) ₹24,540 D) ₹24,450
 
Answer & Explanation Answer: A) ₹25,400

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0 201
Q:

A man purchased a car for ₹12 lakhs and was insured for 80% of the cost. He sold the car at a 15% loss, but had not yet delivered it to the buyer when he met with an accident. After the accident, the car was damaged a lot and the insurance company paid 90% of the insured amount. The net difference in the two transactions is:

 

A) ₹1.56 lakhs B) ₹1.38 lakhs
C) ₹88 lakhs D) ₹92 lakhs
 
Answer & Explanation Answer: A) ₹1.56 lakhs

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0 143
Q:

A person purchases 40 items at ₹10 each. He sells a part of them at 25% profit and the remaining at 10% loss. The net profit is 4% in this transaction. The number of items he sold at a loss, is:

 

A) 16 B) 18
C) 24 D) 22
 
Answer & Explanation Answer: C) 24

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0 147
Q:

An oil merchant wants to make a minimum profit of ₹2,100 by selling 50 litres of oil he purchased at ₹236 per litre. For this, he adds a few litres of duplicate oil whose cost price is ₹180 per litre and sells at ₹250 per litre. How many litres of duplicate oil is needed for this purpose?

 

A) 16 litres B) 18 litres
C) 20 litres D) 22 litres
 
Answer & Explanation Answer: C) 20 litres

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0 1027
Q:

If Ravi sells an old scooter ₹18,000 for then his loss incurred is 10%.If he sells it to gain a profit of 15%, then the selling priceis:

 

A) ₹20, 000 B) ₹23, 000
C) ₹24, 000 D) ₹22, 000
 
Answer & Explanation Answer: B) ₹23, 000

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0 910
Q:

The compound interest and the amount obtained, on a certain sum of money are and respectively after 2 years. If the rate of interest compounded yearly, then the rate of interest is:

A) 6% B) 7%
C) 5% D) 8%
 
Answer & Explanation Answer: C) 5%

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0 113
Q:

The difference between the selling prices of some articles if sold for ₹12 instead of ₹9 is ₹150. If the cost price of these articles is ₹250, then find the selling price of 21 articles if profit earned is 20%.

 

A) ₹126 B) ₹125
C) ₹130 D) ₹136
 
Answer & Explanation Answer: A) ₹126

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