The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:

Related Mcqs:

1. The ratio between the sale price and the cost price of an article is 7:5. What is the ratio between the profit and the cost price of that article?

   A. 2:7
   B. 5:2
   C. 7:2
   D. Data inadequate
   E. None of these

2. A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is =_______ ?

   A. Rs. 704
   B. Rs. 640
   C. Rs. 774
   D. Rs. 680

3. 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%

4. 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%

5. 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

6. 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

7. 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

8. 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

9. By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?

   A. 7
   B. 7.5
   C. 8
   D. 9

10. Ghafoor went to the stationers and bought things worth Rs. 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items?

    A. Rs. 15
    B. Rs. 15.70
    C. Rs. 19.70
    D. Rs. 20