model 5 marked price Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6 [SSC CGL Tier-1 2011]

A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs.56 on one item, his advertised price of the item, (in Rs.) is

a) 820

b) 790

c) 800

d) 780

Question : 7 [SSC CGL Prelim 2004]

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 : 8 [SSC CGL Prelim 2004]

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 : 9 [SSC CHSL 2011]

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 : 10 [SSC MTS 2013]

The cost of manufacture of a tape recorder is Rs.1,500. The manufacturer fixes the marked price 20% above the cost of manufacture and allows a discount in such a way as to get a profit of 8%. The rate of discount is

a) 12%

b) 20%

c) 10%

d) 8%