model 5 marked price Practice Questions Answers Test with Solutions & More Shortcuts
profit & loss PRACTICE TEST [11 - EXERCISES]
Model 1 Basic Concepts of C.P and S.P
model 2 gain lost percentage
model 3 gain/loss % with C.P/S.P
model 4 sold & brought
model 5 marked price
model 6 sold in circular path
model 7 sold at loss
model 8 two article sold in different rates
model 9 selling an article & interchanging its values
model 10 reduced/increased price of an article
model 11 ratio & partnership
Question : 16 [SSC MTS 2013]
A shopkeeper sold sarees at Rs.266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?
a) Rs.280
b) Rs.240
c) Rs.250
d) Rs.260
Answer »Answer: (c)
Let C.P. of each sari = Rs.x
Marked price = $({112x}/100)$
$95/100 × {112x}/100$ = 266
$x = {266 × 100 × 100}/{95 × 112}$ = Rs.250
Question : 17 [SSC CGL Tier-I 2013]
Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his percent loss on the labelled price?
a) 2%
b) 4%
c) 8%
d) 6%
Answer »Answer: (a)
Let Marked price = Rs.x
C.P. = ${7x}/10$
S.P. = ${7x}/10 × 140/100 = {98x}/100$
Loss = $x - {98x}/100 = {2x}/100$
Loss per cent = ${2x}/{100 × x} × 100 = 2%$
Question : 18 [SSC CHSL 2012]
The profit percent of a book seller if he sells book at marked price after enjoying a commission of 25% on marked price will be :
a) 30%
b) 20%
c) 33$1/3$%
d) 25%
Answer »Answer: (c)
If the marked price be Rs.100,
then C.P. = Rs.75; S.P. = Rs.100
Gain per cent = $25/75 ×100$
= $100/3 = 33{1}/3%$
Question : 19 [SSC CGL Tier-I 2013]
A shopkeeper offers a discount of 10% on his articles. The marked price of the article is Rs.450. The selling price should be
a) Rs.395
b) Rs.405
c) Rs.400
d) Rs.410
Answer »Answer: (b)
S.P. of article = ${450 × 90}/100$ = Rs.405
Question : 20 [SSC CAPFs SI 2013]
A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How much per cent above the cost price is the marked price?
a) 36%
b) 30%
c) 40%
d) 27%
Answer »Answer: (b)
C.P. of the article = Rs.100 and marked price = x
$x × 90/100$ = 117
$x = {117 × 100}/90$
= 130 i.e. 30% above C.P.
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model 5 marked price Shortcuts »
Click to Read...model 5 marked price Online Quiz
Click to Start..profit & loss Shortcuts and Techniques with Examples
-
Model 1 Basic Concepts of C.P and S.P
Defination & Shortcuts … -
model 2 gain lost percentage
Defination & Shortcuts … -
model 3 gain/loss % with C.P/S.P
Defination & Shortcuts … -
model 4 sold & brought
Defination & Shortcuts … -
model 5 marked price
Defination & Shortcuts … -
model 6 sold in circular path
Defination & Shortcuts … -
model 7 sold at loss
Defination & Shortcuts … -
model 8 two article sold in different rates
Defination & Shortcuts … -
model 9 selling an article & interchanging its values
Defination & Shortcuts … -
model 10 reduced/increased price of an article
Defination & Shortcuts … -
model 11 ratio & partnership
Defination & Shortcuts …
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