A. 10 % increase
B. 10 % decrease
C. 16 % increase
D. 16 % decrease
Let price = Rs. 100, Sale = 100
Then Sale Value = Rs. (100 × 100) = Rs. 10000
New Sale Value = Rs. (70 × 120) = Rs. 8400
Decrease % = (1000/10000 x 100) % = 16 %
Related Mcqs:
- 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 - The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:
A. Rs. 500
B. Rs. 515
C. Rs. 550
D. Rs. 600 - A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article whose marked price is Rs. 880, is =_______ ?
A. Rs. 704
B. Rs. 640
C. Rs. 774
D. Rs. 680 - The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is_________?
A. It increases by 8%
B. It decreases by 8%
C. No change in revenue
D. It increases by 10%
E. None - Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R?
A. Rs.400
B. Rs.500
C. Rs.300
D. Rs.600
E. None of these - A Shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed. The ratio of the cost price and the printed price of the book is:
A. 45:56
B. 50:61
C. 99:125
D. None of these - 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 - The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price, in this kind of sale the seller
A. Bears no loss no gain
B. gains
C. loses 1%
D. None of these - A rectangle has 15 cm as its length and 159 cm2 as its area. Its area is increased to 1 1/3 times the original area by increasing only its length its new perimeter is:_________?
A. 50 cm
B. 60 cm
C. 70 cm
D. 80 cm - The price of an article has been reduced by 25 %. In order to restore the original price, the new price must be increased by:________?
A. 33 1/3 %
B. 11 1/9 %
C. 9 1/11 %
D. 66 2/3 %