Question : The marked price of a pen is 25% more than its cost price. The pen is sold for INR 220 after a discount of INR 30. What is the profit percentage?
Option 1: 10%
Option 2: 15%
Option 3: 20%
Option 4: 17.5%
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Correct Answer: 10%
Solution : Given: Selling price = INR 220 Profit = INR 30 Let the cost price be $x$. Then, Marked price = $1.25x$ We know that, Marked price = selling price + discount ⇒ $\frac{125x}{100}=220+30$ ⇒ $x = 200$ Cost price = INR 200 Profit = selling price – cost price = 220 – 200 = 20 Profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times 100$ = $\frac{20}{200}\times 100$ = 10% Hence, the correct answer is 10%.
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Question : The marked price of a chair is 10% more than its cost price. If the chair is sold for INR 300 after a discount of INR 140, then what will be the loss percentage?
Option 1: 20%
Option 2: 12.5%
Option 3: 25%
Option 4: 17%
Question : 15% of the marked price of an item is equal to 25% of its cost price. If a discount of 25% is given on the sale of the item, then what will be the profit percentage?
Option 1: 22.5%
Option 2: 20%
Option 3: 17.5%
Option 4: 25%
Question : Venus marked an article at 60% above its cost price, She sold it at a profit of 20%. Find the discount percentage offered in the article.
Option 1: 40%
Option 4: 75%
Question : The marked price of an article is 20 percent more than its cost price. If 10 percent discount is given on the marked price, then what will be the profit percentage?
Option 1: 8%
Option 3: 12%
Option 4: 10%
Question : Akshay has 30 articles, each having the same cost price. He marked the price of each article at 30% above its cost price. He sold 15 of the articles at a discount of 20% each, and the remaining 15 articles at a discount of 10% each, thereby gaining a total profit of Rs. 630. What was the cost price of each article?
Option 1: Rs. 240
Option 2: Rs. 180
Option 3: Rs. 280
Option 4: Rs. 200
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