**Q1. The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. What was the second discount rate?**

(a) 12%

(b) 14%

(c) 15%

(d) 18%

**Q2. A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was:**

(a) 5%

(b) 9%

(c) 16%

(d) 25%

**Q3. The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is:**

(a) decreased by 5.3%

(b) increased by 3%

(c) increased by 5.3%

(d) increased by 10%

**Q4. By selling an article at 2/5 of the marked price, there, is a loss of 25%. The ratio of the marked price and the cost price of the article is:**

(a) 2:5

(b) 5:2

(c) 8:15

(d) 15:8

**Q5. A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of:**

(a) 9%

(b) 10%

(c) 10.5%

(d) 11%

**Q6. A trader marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the marked price. His total gain is:**

(a) 2%

(b) 4.5%

(c) 13.55

(d) 15%

**Q7. A shopkeeper sells a badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:**

(a) Rs. 19.75

(b) Rs. 20

(c) Rs. 21

(d) Rs. 21.25

**Q8. A shopkeeper sold sarees at Rs. 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?**

(a) Rs. 240

(b) Rs. 260

(c) Rs. 280

(d) None of these

**Q9. A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104?**

(a) 8%

(b) 10%

(c) 12%

(d) 15%

**Q10. List price of an article at a showroom is Rs. 2000 and it is being sold at successive discounts of 20% and 10%. Its net selling price will be:**

(a) Rs. 1400

(b) Rs. 1440

(c) Rs. 1520

(d) Rs. 1700

**Q11. The difference between a discount of 35% and two successive discounts of 20% on a certain bill was Rs. 22. Find the amount of the bill.**

(a) Rs. 200

(b) Rs. 1100

(c) Rs. 2200

(d) Data inadequate

**Q12. A cloth merchant sold half of his cloth at 20% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be:**

(a) Neither loss nor gain

(b) 5% loss

(c) 5% gain

(d) 10% gain

**Q13. Ranjan purchased 120 tables at a price of Rs. 110 per table. He sold 30 tables at a profit of Rs. 12 per table and 75 tables at a profit of Rs. 14 per table. The remaining tables were sold at a loss of Rs. 7 per table. What is the average profit per table?**

(a) Rs. 10.04

(b) Rs. 10.875

(c) Rs. 12.80

(d) Rs. 12.875

**Q14. Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per saree?**

(a) Rs. 7.40

(b) Rs. 7.60

(c) Rs. 7.80

(d) Rs. 8

**Q15. A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:**

(a) no profit, no loss

(b) 20% profit

(c) less than 20% profit

(d) more than 20% profit

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