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%