The labelled price of a cupboard is Rs.6,500/-. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?

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INSURANCE EXAMS (LIC) 2005 click here to view all questions

The labelled price of a cupboard is Rs.6,500/-. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?

ARs.5,800/-

BRs.5,600/-

CRs.5.000/-

DRs.5,350/-

Nithin ? undefined

Correct answer is: Rs.5,350/-

Explanation:

According to question
Selling Price

\(= \text{Rs. }6500 - \text{Rs. }\frac{6500 \times 5}{100}\)

= Rs.6500 - Rs.325 = Rs.6175

Therefore, Cost Price = Rs.  \( \frac{6175 \times 85}{100}\)

=Rs.5248.75

=Rs.5350

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A company decided to sell Rs.50.000/- T.V. set for Rs.46,000/ as a world cup offer. What is the percentage discount offered by the company?

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INSURANCE EXAMS (UIIC) 2002 click here to view all questions

A company decided to sell Rs.50.000/- T.V. set for Rs.46,000/ as a world cup offer. What is the percentage discount offered by the company?

A7.5%

B7%

C6.5%

D8%

Nithin ? undefined

Correct answer is: 8%

Explanation:

Required percentage discount
\(= \frac{ \left(50000-46000\right) }{50000} \times 100\)

\(= \frac{4}{50} \times 100\)

= 8%

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A shopkeeper sold a T.V. set for Rs.17.940/-, with a discount of 8% and gained 19.6% if no discount is allowed, what will be his gain per cent?

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BANK PO Exam (RBI) 2002 click here to view all questions

A shopkeeper sold a T.V. set for Rs.17.940/-, with a discount of 8% and gained 19.6% if no discount is allowed, what will be his gain per cent?

A25%

B26.4%

C24.8%

DNone of these

Nithin ? undefined

Correct answer is: None of these

Explanation:

Discount = 8% & S.P.. = Rs.17,940

Therefore, M.P. = \(\frac{17940}{0.92}\) = Rs.19500

Now, gain % = 19.6%

\(\implies \text{ C.P. }= \frac{17940}{1196} = \text{Rs 15000}\)

= Rs.4500

Hence gain % = \(\frac{4500}{15000} \times 100\) = 30%

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While selling a watch, a shopkeeper gives a discount of 15%. If he gives a discount of 20% he earns Rs.51 less as profit. What is the original price of the watch?

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BANK PO Exam (SBI) 2008 click here to view all questions

While selling a watch, a shopkeeper gives a discount of 15%. If he gives a discount of 20% he earns Rs.51 less as profit. What is the original price of the watch?

ARs.920

BRs.985

CRs.1125

DRs.1020

Nithin ? undefined

Correct answer is: Rs.1020

Explanation:

Let the marked price be Rs.x
Therefore, First S.P. = 85% of Rs.x = Rs.0.85x
Second S.P. = 80% of Rs.x = Rs.0.8x
According to the question,
0.85x - 0.8x = 51

\(\implies \frac{51}{0.05} = \text{Rs. 1020}\)
 

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A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

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BANK PO Exam (SBI) 2000 click here to view all questions

A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

A60%

B$60\frac{2}{3}$%

C66%

D$66\frac{2}{3}$%

Nithin ? undefined

Correct answer is: \(66\frac{2}{3}\)%

Explanation:

Selling price of 1 article = Rs. 45
Let marked price of each article be Rs. x
Then,

\(\eqalign{ & \frac{{90}}{{100}}x = 45 \cr & x = {\text{Rs}}{\text{.}}\left( {\frac{{45 \times 100}}{{90}}} \right) \cr & \,\,\,\,\,\, = {\text{Rs}}{\text{. 50}} \cr & {\text{CP}} = {\text{Rs}}{\text{.}}\left( {\frac{{100}}{{150}} \times 45} \right) \cr & \,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. 30}} \cr}\)

When no discount is given,
Cost price = Rs. 30,
Selling price = Rs. 50
∴ Required profit %

\(\eqalign{ & = \left( {\frac{{20}}{{30}} \times 100} \right)\% \cr & = 66\frac{2}{3}\% \cr}\)

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