Discount
- A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is
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Let C.P. of article = Rs. 100
∴ Marked price = Rs. 120
On profit of 8% , Its S.P. = Rs. 108
∴ Discount = Rs. (120 – 108) = Rs. 12
∴ If discount be y%, then,120 × y = 12 100
Correct Option: C
Let C.P. of article = Rs. 100
∴ Marked price = Rs. 120
On profit of 8% , Its S.P. = Rs. 108
∴ Discount = Rs. (120 – 108) = Rs. 12
∴ If discount be y%, then,120 × y = 12 100 ⇒ y = 12 × 100 = 10% 120
- A shopkeeper marks his goods 40% above the cost price and allows a discount of 25% on it. His gain per cent is
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Suppose C.P. of article = Rs. 100
∴ Its marked price = Rs. ( 100 + 40 ) = 140
Discount = 25%∴ S.P. of article = Rs. 140 × 75 = Rs. 105 100
Profit = S.P. of article - C.P. of article = 105 - 100 = Rs. 5
Correct Option: A
Suppose C.P. of article = Rs. 100
∴ Its marked price = Rs. ( 100 + 40 ) = 140
Discount = 25%∴ S.P. of article = Rs. 140 × 75 = Rs. 105 100
Profit = S.P. of article - C.P. of article = 105 - 100 = Rs. 5∴ Profit percent = Profit × 100 C.P. Profit percent = 5 × 100 = 5% 100
- If a shop-keeper marks his goods for a certain amount so as to get 25% gain after allowing a discount of 20%, then his marked price is
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Let the marked price of article be Rs. y and its cost price be Rs. 100.
According to the question.
(100 – 20)% of y = 125⇒ y × 80 = 125 100
Correct Option: A
Let the marked price of article be Rs. y and its cost price be Rs. 100.
According to the question.
(100 – 20)% of y = 125⇒ y × 80 = 125 100 ⇒ y = Rs. 125 × 100 = Rs. 156.25 80
- An article was sold at Rs. 950 allowing 5% discount on the marked price. The marked price of the article is
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Given that , S.P. of article = Rs. 950
Let the marked price of article be Rs. y.
According to the question,
95% of y = 950⇒ y × 950 = 950 100
Correct Option: B
Given that , S.P. of article = Rs. 950
Let the marked price of article be Rs. y.
According to the question,
95% of y = 950⇒ y × 950 = 950 100 ⇒ y = 950 × 100 = Rs. 1000 95
- A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10%, he makes a profit of 10%?
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Here , C.P. of gift box = Rs. 150
Suppose Marked price of gift box = Rs. y
According to the question,
( 100 - 10 )% of y = ( 100 + 10 )% of 15090y = 150 × 110 100 100
⇒ 90y = 150 × 110
Correct Option: B
Here , C.P. of gift box = Rs. 150
Suppose Marked price of gift box = Rs. y
According to the question,
( 100 - 10 )% of y = ( 100 + 10 )% of 15090y = 150 × 110 100 100
⇒ 90y = 150 × 110⇒ y = 150 × 110 = Rs. 183.3 100