Topics

General Knowledge
General Science
General English
Aptitude
General Computer Science
General Intellingence and Reasoning
Current Affairs
Exams
Elementary Mathematics
English Literature

A manufacturer marked an article at Rs.50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was

A) Rs.40
B) Rs.35
C) Rs.32
D) Rs.30

Correct Answer:



C) Rs.32

Description for Correct answer:

Marked price of an article = Rs.50

Therefore, SP of an article = \( \Large \frac{50 \times \left(100-20\right) }{100} \)

=\( \Large \frac{50 \times 80}{100} \)

Hence, cost price of an article = \( \Large \frac{40 \times 100}{ \left(100+25\right) } \)

= \( \Large \frac{40 \times 100}{125} \) = Rs.32

Part of solved Discount questions and answers : >> Aptitude >> Discount

Comments

Similar Questions

1). A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit When sold in cash, is

A). 10.50%

B). 15%

C). 9%

D). 8.50%

2). Successive discounts of 10%, 20% and 30% is equivalent to single discount of

A). 60%

B). 49.60%

C). 40.50%

D). 36%

3). By selling an article at \( \Large \frac{3}{4} \)th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is

A). 5:3

B). 3:5

C). 3:4

D). 4:3

4). A retailer offers the following discount schemes for buyers on an article.
I. Two successive discounts of 10%.
II. A discount of 12% followed by a discount of 8%.
III. Successive discounts of 15% and 5%.
IV. A discount of 20%.
The selling price will be minimum under the scheme

A). I

B). II

C). III

D). IV

5). While selling, a businessman allows 40% discount on the marked price and there is a loss of 30%. If it is sold at the marked price, profit per cent will be

A). 10%

B). 20%

C). \( 16\frac{2}{3} \)%

D). \( 16\frac{1}{3} \)%

6). A man bought an article listed at Rs.1500 with a discount of 20% offered on the list price. What additional discount must be offered to the man to bring the net price to Rs.1104?

A). 8%

B). 10%

C). 12%

D). 15%

7). 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.1000

B). Rs.1100

C). Rs.1200

D). Rs.1300

8). The marked price of a radio is Rs.480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain per cent would be

A). 18%

B). 18.50%

C). 20.50%

D). 20%

9). The marked price of a clock is Rs.3200. It is to be sold at Rs.2448 at two successive discounts. If the first discount is 10%, then the second discount is

A). 5%

B). 10%

C). 15%

D). 20%

10). The marked price of a TV is Rs.16000. After two successive discounts, it is sold for Rs.11400. If the first discount is 5%, then the rate of second discount is

A). 15%

B). 20%

C). 30%

D). 25%