What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

Related Mcqs:

1. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

   A. Rs. 2000
   B. Rs. 2200
   C. Rs. 2400
   D. None of these

2. A shopkeeper buys two articles for Rs.1000 each and then sells them, making 20% profit on the first article and 20% loss on second article. Find the net profit or loss percent?

   A. neither profit nor loss
   B. 1%
   C. 2%
   D. 3%

3. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

   A. Rs. 920
   B. Rs. 960
   C. Rs. 1060
   D. Rs. 1200

4. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

   A. 30%
   B. 70%
   C. 100%
   D. 250%

5. After allowing a discount of 15% on the marked price, the selling price is Rs. 6800 for an article. If it was sold at marked price, there would have been a profit of 60%. The cost price of the article is?

   A. Rs. 6400
   B. Rs. 5600
   C. Rs. 5000
   D. Rs. 4800
   E. None of these

6. 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. 10 %
   B. 10.5 %
   C. 11 %
   D. 12.5 %

7. A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?

   A. neither profit nor loss
   B. 3%
   C. 5%
   D. 4%

8. By selling an article at Rs.800, a shopkeeper makes a profit of 25%. At what price should he sell the article so as to make a loss of 25%?

   A. Rs.600
   B. Rs.480
   C. Rs.500
   D. Rs.450

9. A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be:________?

   A. 40
   B. 100
   C. 120
   D. 140

10. Mahad sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?

    A. Rs. 15000
    B. Rs. 16200
    C. Rs. 14700
    D. Rs. 15900
    E. None of these