PROFIT, LOSS & DISCOUNT (QUANTITATIVE APTITUDE) EPFO UPSC

Total Questions: 30

11. A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is

Correct Answer: (a) 45 : 56  
Solution:


12. If on a marked price, the difference of selling prices with a discount of 30% and two successive discounts of 20% and 10% is ₹ 72, then the marked price (in rupees) is

Correct Answer: (a) 3,600  
Solution:

13. Successive discounts of 10%, 20% and 30% is equivalent to a single discount of

Correct Answer: (b) 49.6%
Solution:

14. While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns ₹ 15 less as profit. What is the marked price of the watch?

Correct Answer: (c) ₹ 1,500
Solution:

15. Marked price of an article is ₹ 275. Shopkeeper allows a discount of 5% and he gets a profit of 4.5%. The actual cost (in ₹) of the article is

Correct Answer: (a) 250  
Solution:

16. The cost price of an article is 64% of the marked price. The gain percentage after allowing a discount of 12% on the marked price is

Correct Answer: (a) 37.5%  
Solution:

17. The printed price of a book is ₹ 320. A retailer pays ₹ 244.80 for it. He gets successive discounts of 10% and another rate. His second rate is :

Correct Answer: (a) 15%  
Solution:

18. A sells an article to B at a gain of 10%, B sells it to C at a gain of 5%. If C pays ₹ 462 for it, what did it cost to A?

Correct Answer: (d) ₹ 400
Solution:

19. A merchant purchases a wrist watch for ₹ 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price of the watch is

Correct Answer: (a) ₹ 600  
Solution:

20. A merchant allows a discount of 10% on marked price for the cash payment. To make a profit of 17%, he must mark his goods higher than their cost price by

Correct Answer: (a) 30%  
Solution: