A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is:

Related Mcqs:

1. A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price. How much profit or loss does he make, if any ?

   A. 1% gain B. 1% loss C. 5% gain D. No gain no loss...

2. A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?

   A. 8% B. 10% C. 16% D. 20%...

3. A candidate who gets 30% of the marks fails by 50 marks. But another candidate who gets 45% marks gets 25 marks more than necessary for passing. Find the number of marks for passing?

   A. 150 B. 200 C. 250 D. 275...

4. 40% of Raees marks is equal to 20% of Rahim’s marks which percent is equal to 30% of Rehman’s marks. If Rehman’s marks is 80, then find the average marks of Raees and Rahim?

   A. 60 B. 70 C. 80 D. 90 E. None of these...

5. A student who secures 20 % marks in an examination fails by 30 marks. Another student who secures 32 % marks gets 42 marks more than those required to pass. The percentage of marks required to pass is:________?

   A. 20% B. 25 % C. 28% D. 30%...

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 trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?

   A. No profit No loss B. 4% profit C. 2% loss D. 2% profit E. None of these...

8. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

   A. Rs. 15 B. Rs. 16 C. Rs. 17 D. Rs. 18...

9. An engineering student has to secure 36% marks to pass. He gets 130 marks and fails by 14 marks. The maximum No. of marks obtained by him is_________?

   A. 300 B. 400 C. 350 D. 500...

10. In an examination a pupil’s average marks were 63 per paper. If he had obtained 20 more marks for his Geography paper and 2 more marks for his History paper, his average per paper would have been 65. How many papers were there in the examination?

    A. 8 B. 9 C. 10 D. 11...