If the price of an article went up by 20%, then by what percent should it be brought down to bring it back to its original price?

Related Mcqs:

1. There is a 30% increase in the price of an article in the first year, a 20% decrease in the second year and a 10% increase in the next year. If the final price of the article is Rs. 2288, then what was the price of the article initially?

   A. Rs. 1500
   B. Rs. 1800
   C. Rs. 2000
   D. Rs. 2400
   E. None of these

2. 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

3. 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

4. A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?

   A. 75%
   B. 50%
   C. 100%
   D. 80%

5. 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

6. A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?

   A. 10%
   B. 11%
   C. 12%
   D. 15%

7. What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?

   A. 20%
   B. 25%
   C. 13 1/30%
   D. 12%

8. The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?

   A. 37.5%
   B. 48%
   C. 50.5%
   D. 52%

9. The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%.

   A. 37.5 %
   B. 38.5 %
   C. 42 %
   D. 27.5 %

10. Mahad sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article?

    A. Rs. 15000
    B. Rs. 16200
    C. Rs. 14700
    D. Rs. 15900
    E. None of these