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  • Question
  • A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit when sold in cash, is?


  • Options
  • A. 10.5%
  • B. 15%
  • C. 9%
  • D. 8.5%

  • Correct Answer
  • 10.5% 

    Explanation

    Let CP of the goods = ? N
    ? Marked price of the goods = N x {(100 + 30)/100} = ? 13N/10

    Now, SP of the goods = (13N/10) x (100 - 15/100)
    = (13N/10) x (85/100) = ? 221N/200

    ? Profit = {(221 x N)/200} - N = ? 21N/200

    Hence, profit per cent = [{21N/200} /N] x 100 % = 2100/200 = 10.5 %


  • Discount problems


    Search Results


    • 1. 
      A manufacturer marked an article at ? 50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was

    • Options
    • A. ? 40
    • B. ? 35
    • C. ? 32
    • D. ? 30
    • Discuss
    • 2. 
      A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is

    • Options
    • A. 45 : 56
    • B. 8 : 11
    • C. 47 : 56
    • D. 3 : 4
    • Discuss
    • 3. 
      If on a marked price, the difference of selling prices with a discount of 30 % and two successive discounts of 20 % and 10 % is ? 72, then the marked price (in ?) is

    • Options
    • A. ? 3600
    • B. ? 3000
    • C. ? 2500
    • D. ? 2400
    • Discuss
    • 4. 
      If $ 10 be allowed as true discount on a bill of $ 110 due at the end of certain time, then the discount allowed on the same amount due at the end of double the time is :

    • Options
    • A. $ 20
    • B. $ 21.81
    • C. $ 22
    • D. $ 18.33
    • Discuss
    • 5. 
      The holder of a bill for ?17850 nominally due on May 21, 1991 received ?357 less than the amount of the bill by having it discounted at 5 %. When was it discounted?

    • Options
    • A. Dec 29, 1990
    • B. Dec 30, 1989
    • C. Dec 19, 1990
    • D. Dec 20, 1995
    • Discuss
    • 6. 
      By selling an article at 3/4th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is

    • Options
    • A. 5 : 3
    • B. 3 : 5
    • C. 3 : 4
    • D. 4 : 3
    • Discuss
    • 7. 
      While selling, businessman allows 40% discount on thee marked price and there is a loss of 30%. If it is sold at the marked price, profit per cent will be

    • Options
    • A. 10%
    • B. 20%
    • C. 162/3%
    • D. 161/3%
    • Discuss
    • 8. 
      A man bought an article listed at ? 1500 with a discount of 20 % offered on the list price . What additional discount must be offered to the man to bring the net price to ? 1104?

    • Options
    • A. 8 %
    • B. 10 %
    • C. 12 %
    • D. 15 %
    • Discuss
    • 9. 
      The cost price of an article is ? 800 . After allowing a discount of 10 %, a gain of 12.5 % was made . Then, the marked price of the article is

    • Options
    • A. ? 1000
    • B. ? 1100
    • C. ? 1200
    • D. ? 1300
    • Discuss
    • 10. 
      The marked price of a radio is ? 480 . The shopkeeper allows a discount of 10 % and gains 8 % . If no discount is allowed, his gain percent would be

    • Options
    • A. 18 %
    • B. 18.5 %
    • C. 20.5 %
    • D. 20 %
    • Discuss


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