profit and loss Model Questions & Answers, Practice Test for ssc mts paper 1

The Banker’s discount on a bill due 6 months hence at 16% per annum is Rs. 216.The true discount is:[SSC 10+2-2012]

A tradesman fixed his selling price of goods at 30% above the cost price. He sells half the stock at this price, one quarter of his stock at a discount of 15% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percent altogether.

A dealer buys a table listed at Rs. 1500 and gets successive discounts of 20% and 10%. He spends Rs. 20 on transportation and sells it at a profit of a 10%. The selling price of the table is

A cloth store is offering buy 3, get 1 free. What is the net percentage discount being offered by the store?

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?