A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is:

Related Mcqs:

1. 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

2. 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 %

3. 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%

4. 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:

   A. 12%
   B. 10%
   C. 6%
   D. 4%

5. 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

6. A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?

   A. Rs. 9025.20
   B. Rs. 9200
   C. Rs. 9600
   D. Rs. 9560

7. 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

8. If the cost price of 50 articles is equal to the selling price of 40 articles, then the gain or loss percent is?

   A. 20% loss
   B. 20% profit
   C. 10% profit
   D. 25% loss
   E. None of these

9. If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:

   A. 20% loss
   B. 20% gain
   C. 25% loss
   D. 25% gain

10. A trader marked the price of a car 20% above the cost price and allowed the purchaser 5% discount on the marked price there by gained Rs.8400. Find the cost price of the car?

    A. Rs.60000
    B. Rs.75000
    C. Rs.68400
    D. Rs.78400