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16.
Nirmal sold two motorcycles for Rs 48,000 each. If he has gained 20% on the first and lost 20% on the second, then what is the overall loss or profit?
  • A.
    3500
  • C.
    4250
  • B.
    4000
  • D.
    3840
  • Answer & Explanation
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Answer : [B]
Explanation :
Cost price of the first motorcycle =
48000
1.2
 = 40000  
Cost price of the second motor cycle =
48000
0.8
 = 60000  
Loss on the whole transaction = (40,000 + 60,000) – 2(48,000) = Rs 4000
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17.
A single discount equivalent to a series discount of 20%, 10% and 5% is …………?
  • A.
    18.6
  • C.
    29.4
  • B.
    33.6
  • D.
    31.6
  • Answer & Explanation
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Answer : [D]
Explanation :
S.P. =
80 x 90 x 95
100 x 100 x 100
 CP = 0.8 x 0.9 x 0.95 CP = 0.684 CP  
Equivalent discount = (1 – 0.684) x 100 = (0.316) x 100 = 31.6%
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18.
A tooth paste marked at Rs 80 is sold for Rs 68. The rate of discount is
  • A.
    12%
  • C.
    15%
  • B.
    14%
  • D.
    None of these
  • Answer & Explanation
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Answer : [C]
Explanation :
Marked price (M.P.) = Rs 80
Selling price (S.P.) = Rs 68
Discount = M.P. - S.P. = 80 - 68 = Rs 12
 
  Rate of discount =
Discount x 100
Marked Price
   
12 x 100
80
 = 15%
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19.
A shopkeeper gains the cost of 8 metres of theard by selling 40 metres of thread. Find his gain per cent.
  • A.
    19%
  • C.
    22%
  • B.
    20%
  • D.
    None of these
  • Answer & Explanation
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Answer : [B]
Explanation :
Here, m = 48, n = 40
 
 
 gain % =  
m - n
n
   x 100 =  
48 - 40
40
   x 100        
  =
8
40
 x 100 = 20%  
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20.
Sita sells a calculator to Gita at a gain of 17% and Gita sells it to Anu at a loss of 25%. If Anu pays Rs 1,842.75 for it, what did Sita pay for it?
  • A.
    Rs. 2,080
  • C.
    Rs. 2,110
  • B.
    Rs 2,100
  • D.
    None of these
  • Answer & Explanation
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Answer : [B]
Explanation :
Here, m = 17, n = -25, z = Rs 1,842.75
 
  Cost price of calculator to Sita    
  =  
1002z
(100 + m) (100 + n)
     
  =
100 x 100 x 1842.75
(100 + 17)(100 - 25)
   
  =
100 x 100 x 1842.75
117 x 75
   
  = Rs 2,100    
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