Question : A tradesman marks his goods 25% above the cost price and allows his customers a discount of 12% on their bill. How much % profit do tradesmen realize?
Option 1: 13%
Option 2: 11%
Option 3: 12%
Option 4: 10%
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Correct Answer: 10%
Solution : Let the cost price be Rs.100. Marked price = 100 +2 5 = Rs. 125 Discount = 12% of marked price Selling price = 88% of marked price = 0.88 × 125 = Rs. 110 Profit = 110 – 100 = 10 Profit % = $\frac{10}{100}×100$ = 10% Hence, the correct answer is 10%.
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Question : A shopkeeper marks his goods at 90% more than their cost price and allows a discount of 40% on the marked price. His gain percentage is:
Option 1: 18%
Option 2: 16%
Option 3: 14%
Option 4: 12%
Question : Manoj marked his goods 30% above the cost price and gave a 12% discount to the customers. The profit or loss percentage is:
Option 1: 14.8% loss
Option 2: 15.4% profit
Option 3: 14.4% profit
Option 4: 15% loss
Question : A shopkeeper marks his goods 35% above the cost price. He then allows some discount on it. If he makes a profit of 14%, then the rate of discount is:
Option 1: 17.77%
Option 2: 15.55%
Option 3: 16.66%
Option 4: 14.44%
Question : A merchant marked his goods 20% above the cost price and sold the goods at a profit of 8%. The rate of discount is:
Option 1: 15%
Option 2: 10%
Option 4: 8%
Question : A shopkeeper marks his goods 20% higher than the cost price and allows a discount of 5%. The percentage of his profit is:
Option 2: 20%
Option 3: 10%
Option 4: 14%
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