model 5 marked price Section-Wise Topic Notes With Detailed Explanation And Example Questions

Question : 1

At what per cent above the cost price, must a shop–keeper marks his goods so that he gains 20% even after giving a discount of 10% on the marked price ?

a) 25%

b) 33$1/3$%

c) 37$1/2$%

d) 30%

Question : 2

The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of sale, the seller bears :

a) no loss, no gain

b) a gain of 1%

c) a loss of 1%

d) a loss of 5%

Question : 3

The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is Rs.300, then original selling price is

a) Rs.200

b) Rs.240

c) Rs.275

d) Rs.250

Question : 4

The cost price of an article is Rs.800. After allowing a discount of 10%, a gain of 12.5% was made. Then the marked price of the article is

a) Rs.1,000

b) Rs.1,200

c) Rs.1,300

d) Rs.1,100

Question : 5

Rita bought a television set with 20% discount on the labelled price. She made a profit of Rs.800 by selling it for Rs.16,800. The labelled price of the set was

a) Rs.18,000

b) Rs.20,800

c) Rs.24,000

d) Rs.20,000

Question : 6

A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19%?

a) 34%

b) 25%

c) 30%

d) 40%