(D) To find the minimum selling price,we must identify the scheme that offers the maximum total discount.$I.$ Equivalent discount $= 10 + 10 - \frac{1

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(D) To find the minimum selling price,we must identify the scheme that offers the maximum total discount.$I.$ Equivalent discount $= 10 + 10 - \frac{10 \times 10}{100} = 20 - 1 = 19 \%$$II.$ Equivalent discount $= 12 + 8 - \frac{12 \times 8}{100} = 20 - 0.96 = 19.04 \%$$III.$ Equivalent discount $= 15 + 5 - \frac{15 \times 5}{100} = 20 - 0.75 = 19.25 \%$$IV.$ Equivalent discount $= 20 \%$Comparing the discounts: $19 \% Since scheme $IV$ offers the highest discount of $20 \%$,the selling price will be the minimum under scheme $IV$.

Competitive Quantitative Aptitude Profit and Loss Profit and Loss

Difficult

$A$ retailer offers the following discount schemes for buyers on an article:
$I.$ Two successive discounts of $10 \%$
$II.$ $A$ discount of $12 \%$ followed by a discount of $8 \%$
$III.$ Successive discounts of $15 \%$ and $5 \%$
$IV.$ $A$ discount of $20 \%$
The selling price will be minimum under the scheme:

A
$I$
B
$II$
C
$III$
D
$IV$

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Quantitative Aptitude Questions

Chapter

Profit and Loss

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Profit and Loss

$A$ shopkeeper sells notebooks at the rate of $Rs.\, 45$ each and earns a commission of $4 \%$. He also sells pencil boxes at the rate of $Rs.\, 80$ each and earns a commission of $20 \%$. How much total commission will he earn in two weeks if he sells $10$ notebooks and $6$ pencil boxes a day? (in $Rs.$)

Difficult

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The list price of a shirt is $Rs. 440$ and a customer pays $Rs. 396$ for it. The discount rate is.......$\%$

Easy

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By what fraction selling price $(S.P.)$ must be multiplied to get the cost price $(C.P.)$ if the loss is $20 \%$?

Difficult

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An article was purchased for $Rs. 78,350$. Its price was marked up by $30 \%$. It was sold at a discount of $20 \%$ on the marked-up price. What was the profit percent on the cost price (in $\%$)?

Medium

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$A$ shopkeeper bought $30\, Kg$ of wheat at the rate of $Rs.\, 45$ per $Kg$. He sold $40\%$ of the total quantity at the rate of $Rs.\, 50$ per $Kg$. Approximately,at what price per $Kg$ should he sell the remaining quantity to make $25\%$ overall profit? (in $Rs.$)

Medium

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The list price of a shirt is $Rs. 440$ and a customer pays $Rs. 396$ for it. The discount rate is.......$\%$

By what fraction selling price $(S.P.)$ must be multiplied to get the cost price $(C.P.)$ if the loss is $20 \%$?

An article was purchased for $Rs. 78,350$. Its price was marked up by $30 \%$. It was sold at a discount of $20 \%$ on the marked-up price. What was the profit percent on the cost price (in $\%$)?

$A$ shopkeeper bought $30\, Kg$ of wheat at the rate of $Rs.\, 45$ per $Kg$. He sold $40\%$ of the total quantity at the rate of $Rs.\, 50$ per $Kg$. Approximately,at what price per $Kg$ should he sell the remaining quantity to make $25\%$ overall profit? (in $Rs.$)

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