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

Related Mcqs:

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

   A. 10% B. 8% C. 5% D. 6%...

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. 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...

4. 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...

5. 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...

6. 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%...

7. 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...

8. 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...

9. 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%...

10. 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%...