Profit and Loss test

1.A grocer sells rice at a profit of 20% and uses a weight which is 25% less. Find his overall percentage gain.
a) 60%
b) 65%
c) 58%
d) None

2.An article is listed at Rs.65. A customer bought this article for Rs.56.16 and got two successive discounts of which one is 10%. Find the other discount of this scheme.
  • a) 4%
  • b) 3%
  • c) 6%
  • d) None
3.A cash payment that will settle a bill for 250 chairs at Rs.50 per chair less 20% and 15% with a further discount of 5% on cash payment is ……
  • a) Rs.7025
  • b) Rs.8075
  • c) Rs.8500
  • d) None
4.A person sells walkmans at Rs.1134 each after giving a discount of 19% on the marked price. Had he not given the discount, he would have earned a profit of 40% on the cost price. The C.P. of each walkman is …..
  • a) Rs.1000
  • b) Rs.1200
  • c) Rs.1400
  • d) None
5.Rajesh sells tape recorder to Harish at a loss of 10% and Harish sells it to Karim at a loss of 20%. If Karim pays Rs.1440 for it, at what price did Rajesh buy?
  • a) Rs.1920
  • b) Rs.1200
  • c) Rs.1800
  • d) None