A T-shirt marked at Rs. 400 is sold for Rs.360. The rate of discount is

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INSURANCE EXAMS (NICL) 2013 click here to view all questions

A T-shirt marked at Rs. 400 is sold for Rs.360. The rate of discount is

A12%

B10%

C15%

D17%

Nithin ? undefined

Correct answer is: 10%

Explanation:

Discount

\(= \frac{400-360}{400} \times 100\)

= 10%

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A shopkeeper marks his goods at such a price that after allowing a discount of 12.5 % on the marked price, he still earns a profit of 10%. The marked price of an article which costs him Rs. 4900 is -

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INSURANCE EXAMS (New India Assurance) 2009 click here to view all questions

A shopkeeper marks his goods at such a price that after allowing a discount of 12.5 % on the marked price, he still earns a profit of 10%. The marked price of an article which costs him Rs. 4900 is -

ARs. 5390

BRs. 5490

CRs. 6160

DRs. 6260

Nithin ? undefined

Correct answer is: Rs. 6160

Explanation:

\(\eqalign{ & {\text{C}}{\text{.P}}{\text{. = Rs}}{\text{. 4900}}{\text{.}} \cr & {\text{S}}{\text{.P}}{\text{. = 110}}\% {\text{ of Rs}}{\text{.4900}} \cr & {\text{ = Rs}}{\text{.}}\left( {\frac{{110}}{{100}} \times 4900} \right) \cr & = {\text{Rs}}{\text{. 5390}}{\text{.}} \cr & {\text{Let marked price be Rs}}{\text{.}}x \cr & {\text{Then,}} \cr & {\text{ = 87}}\frac{1}{2}\% {\text{ of }}x{\text{ = 5390}} \cr & \Rightarrow \left( {\frac{{175}}{2} \times \frac{1}{{100}} \times x} \right) = 5390 \cr & \Rightarrow x = \left( {\frac{{5390 \times 8}}{7}} \right) = 6160 \cr & \therefore {\text{Marked price}} = {\text{Rs}}{\text{.6160}} \cr}\)

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A book is listed at Rs. 150, with a discount of 20 per cent. What additional discount must be offered to bring the net price to Rs. 108 ?

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INSURANCE EXAMS (LIC) 2009 click here to view all questions

A book is listed at Rs. 150, with a discount of 20 per cent. What additional discount must be offered to bring the net price to Rs. 108 ?

A$11\frac{1}{9}$%

B0.15

C0.08

DNone of these

Nithin ? undefined

Correct answer is: None of these

Explanation:

Selling price after given 20% discount

\(\eqalign{ & = 150 \times \frac{{\left( {100 - 20} \right)}}{{100}} \cr & = 120 \cr & {\text{So,}} \cr & \Rightarrow 120 \times \frac{x}{{100}} = 108 \cr & \Rightarrow x = 90 \cr}\)

∴ Required additional discount = (100 - 90)% = 10%

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On a Rs. 10000 payment order, a person has choice between 3 successive discounts of 10%, 10% and 30%, and 3 successive discounts of 40%, 5% and 5%. By choosing the better one he can save (in rupees)

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INSURANCE EXAMS (UIIC) 2007 click here to view all questions

On a Rs. 10000 payment order, a person has choice between 3 successive discounts of 10%, 10% and 30%, and 3 successive discounts of 40%, 5% and 5%. By choosing the better one he can save (in rupees)

A200

B255

C400

D433

Nithin ? undefined

Correct answer is: 255

Explanation:

Final price in 1st case
= 70% of 90% of 90% of Rs. 10000

\(\eqalign{ & = {\text{Rs}}{\text{.}}\left( {\frac{{70}}{{100}} \times \frac{{90}}{{100}} \times \frac{{90}}{{100}} \times 10000} \right) \cr & = {\text{Rs}}{\text{. 5670}}{\text{}} \cr}\)

Final price in 2nd case
= 95% of 95% of 60% of Rs. 10000

\(\eqalign{ & = {\text{Rs}}{\text{.}}\left( {\frac{{95}}{{100}} \times \frac{{95}}{{100}} \times \frac{{60}}{{100}} \times 10000} \right) \cr & = {\text{Rs}}{\text{. 5415}}{\text{}} \cr}\)

∴ Money saved by choosing the better offer
= Rs. (5670 - 5415)
= Rs. 255

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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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