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 2: 15%
Option 3: 25%
Option 4: 75%
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Correct Answer: 25%
Solution : Let the cost price be 100. Marked price = 100 + 60% of 100 = 100 + 60 = 160 Profit = 20% of 100 = 20 Selling price = cost price + profit = 100 + 20 = 120 Discount percentage = $\frac{\text{marked price – selling price}}{\text{marked price}}$ × 100 = $\frac{160 – 120}{160}$ × 100 = $\frac{40}{160}$ × 100 = $25\%$ Hence, the correct answer is 25%.
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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
Question : At what percentage above the cost price must a person mark the price of an article so that he can enjoy a 20% profit after allowing a 20% discount?
Option 2: 50%
Option 3: 60%
Option 4: 30%
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 : 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 3: 20%
Option 4: 17.5%
Question : The cost price of an article is Rs. 5500. It was sold at a profit of 9.09%. If the article was sold at a discount of 20%, then what is the marked price (in Rs.) of the article?
Option 1: Rs. 6000
Option 2: Rs. 7500
Option 3: Rs. 6600
Option 4: Rs. 6800
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