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Q:

The marked price of an article is Rs 1200 and retailer gets a discount of 25%. If he sells that article for Rs 1200, then what is the profit percentage of retailer?

A) 33.33	B) 25
C) 37.5	D) 16.66

Answer & Explanation Answer: A) 33.33

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

Q:

On selling 56 chairs, Mohan earns profit equal to the selling price of 6 chairs. What is the profit percentage?

A) 9.28	B) 10.71
C) 12	D) 13.7

Answer & Explanation Answer: C) 12

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Exam Prep: Bank Exams

Q:

A boy spends Rs 20 to purchase toffees at Rs 1 each. Next day, he purchased some toffees for Rs 40 with a discount of 50 paise per toffee. What is the average price per toffee (in paise)?

A) 45	B) 60
C) 40	D) 55

Answer & Explanation Answer: B) 60

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Filed Under: Average
Exam Prep: Bank Exams

Q:

In a mixture, sugar and milk are in the ratio 4 : 5. If 7 litres of milk is added to it, then the ratio of sugar and milk in the new mixture becomes 2 : 3. What is the total quantity (In litres) of sugar in new mixture?