model 10 reduced/increased price of an article Section-Wise Topic Notes With Detailed Explanation And Example Questions

Question : 1

A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is

a) 36$5/9%$

b) 35%

c) 28$3/8$%

d) 30$5/8%$

Question : 2

If the price of eraser is reduced by 25% a person can buy 2 more erasers for a rupee. How many erasers are available for a rupee ?

a) 4

b) 2

c) 8

d) 6

Question : 3

If a man reduces the selling price of a fan from Rs.1,250 to Rs.1,000, his loss increases by 20%. The cost price of the fan is

a) Rs.2,500

b) Rs.2,350

c) Rs.2,400

d) Rs.2,450

Question : 4

A trader bought 10 kg of apples for Rs.405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10%, at what rate should he sell the remaining apples per kg?

a) Rs.50

b) Rs.51

c) Rs.45

d) Rs.49.50

Question : 5

The reduction of 12 in the selling price of an article will change 5% gain into 2$1/2%$ loss. The cost price of the article is

a) Rs.80

b) Rs.100

c) Rs.140

d) Rs.160

Question : 6

A reduction of 20% in the price of rice enables a buyer to buy 5 kg more for rupees 1200. The reduced price per kg of rice will be:

a) 48

b) 60

c) 36

d) 45