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A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs.800, then the cost price is:

A) Rs.600
B) Rs.700
C) Rs.800
D) Rs.900

Correct Answer:

A) Rs.600

Description for Correct answer:
Marked Price = Rs.800

S.P. = \( \Large \frac{800 \times 90}{100} \) = Rs.720

Therefore, C.P. = \( \Large \frac{100}{120} \times 720 \)

= Rs.600

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

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Similar Questions

1). A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs.15 less in the profit. What is the marked price?

A). Rs.697.50

B). Rs.712.50

C). Rs.750

D). Rs.817.50

2). What price should a shopkeeper mark on an article costing him Rs.153 to gain 20% after allowing a discount of 15%?

A). Rs.162

B). Rs.184

C). Rs.216

D). Rs.224

3). Sunder purchased an office bag with a price tag of Rs.600 in a sale where 25% discount was being offered on the tag price. He was given a further discount of 10% on the amount arrived after giving usual 25% discount. What was the final amount paid by Sunder?

A). Rs.210

B). Rs.540

C). Rs.405

D). Rs.450

4). A bicycle originally costs Rs.100 and was discounted 10%. After three months, it was sold after being discounted 15%. How much was the bicycle sold for?

A). Rs.55.5

B). Rs.95.225

C). Rs.76.5

D). None of these

5). An article is listed at Rs.65. A customer bought this article for Rs.56.16 with two successive discounts of which one is 10%. The other discount of this discount scheme that was allowed by the shopkeeper is

A). 4%

B). 3%

C). 6%

D). 2.5%

6). A cash payment that will settle a bill for 250 chairs at Rs.50 per chair less 20% and 15% with a further discount of 5% on cash payment is:

A). Rs.8075

B). Rs.7025

C). Rs.8500

D). Rs.7125

7). A shopkeeper marks the prices of his goods at 25% higher than the original price. After that. he allows a discount of 12%. What profit or loss did he get?

A). 15% profit

B). 10% profit

C). 10% loss

D). 15% loss

8). A shopkeeper announce the same price of Rs.700 for a shirt. The first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16% The shopkeeper that offers better discount is more of

A). Rs.22.40

B). Rs.16.80

C). Rs.9.80

D). Rs.36.40

9). A tradesman gives 4% discount on the marked price and 1 article free with every 15 articles bought and still gains 35%. The marked price is more than the cost price by

A). 40%

B). 39%

C). 20%

D). 50%

10). What is the. maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss. if she had initially marked her goods up by 50%?

A). 16.67%

B). 20%

C). 50%

D). 33.33%