1. A person sold an article for Rs.500 and incurred a loss of 5%. In order to earn a profit of 5%. Find its selling price?
A. Rs.552.636
B. Rs.542.636
C. Rs.532.636
D. Rs.512.636
E. None of these
Solutions
2. A vendor sells lemons at the rate of 5 for Rs.14, gaining thereby 40%. For how much did he buy a dozen lemons?
A. Rs.20
B. Rs.21
C. Rs.24
D. Rs.28
E. None of these
Solutions
3. Srinvas sold an article for Rs.460 and earned a profit of 15% At what price should it have been sold to earn a profit of 20%?
A. Rs.483
B. Rs.480
C. Rs.498
D. Rs.485
E. None of these.
Solutions
4. By selling a wrist watch for Rs.1,615. A shopkeeper loses 15%. Find it’s cost price.
A. 1700
B. 1800
C. 1900
D. 1950
E. None of these.
Solutions
5. 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.410
C. Rs.405
D. Rs.400
E. None of these
Solutions
6. If the cost price of 16 articles is equal to the selling price of 20 articles. Find the gain or loss %.
A. 20%
B. 25%
C. 
D.
E. 35%
Solutions
7. Successive discounts of 10% and 20% are equivalent to a single discount of :
A. 30%
B. 15%
C. 28%
D. 12%
E. 18%
Solutions
8. A man bought pencils at the rate of 6 for Rs.4 and sold them at a rate of 4 for Rs.6. His gain percentage in the transaction is-
A. 75%
B. 80%
C. 125%
D. 100%
E. None of these
Solutions
9. The cost price of 400 lemons is equal to the selling price of 320 lemons. Then the profit percent is?
A. 15%
B. 20%
C. 25%
D. 40%
E. None of these
Solutions
10. 14 oranges are worth 6 apples, 5 apples are worth 28 bananas, and 16 bananas are worth 5 mangoes. What is the price of an orange, if a mango costs 24 paise?
A. 35 paise.
B. 25 paise.
C. 20 paise.
D. 18 paise.
E. None of the above.
Solutions
14 oranges are worth 6 apples;
5 apples are worth 28 bananas;
16 bananas are worth 5 mangoes;
1 mango is worth 24 paise.
Let the price of the orange be x paise, using Chain Rule.
