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1.  
A table bought for ₹ 1,250 is sold for ₹ 1,450. The profit percentage is:

Correct Answer: A [16%]

Explanation:

Profit 200 → 200/1,250 × 100 = 16%.

2.  
A chair costs ₹ 840 and is sold at a loss of 15%. Its selling price is:

Correct Answer: B [₹ 714]

Explanation:

840 × 0.85 = ₹ 714.

3.  
An article is sold for ₹ 1,350 at a profit of 8%. Its cost price is:

Correct Answer: C [₹ 1,250]

Explanation:

CP = 1,350 × 100/108 = ₹ 1,250.

4.  
A jacket marked ₹ 3,200 is sold at a discount of 15%. The selling price is:

Correct Answer: D [₹ 2,720]

Explanation:

3,200 × 0.85 = ₹ 2,720.

5.  
Two successive discounts of 15% and 10% are equal to a single discount of:

Correct Answer: A [23.5%]

Explanation:

0.85 × 0.9 = 0.765 → 23.5%.

6.  
Fill in the blank: if the cost price of 18 pens equals the selling price of 15 pens, the profit percentage is ____.

Correct Answer: C [20%]

Explanation:

Count Swap: (18 − 15)/15 × 100 = 20% (divide by the SP count, 15).

7.  
True or false? "A shopkeeper who sells at cost price but uses a 950 g weight for 1 kg gains exactly 5%."

Correct Answer: B [False]

Explanation:

Gain = 50/950 × 100 = 5 5/19%, not 5% – divide the error by the weight actually given.

8.  
An offer says "Buy 4, get 1 free". The effective discount is:

Correct Answer: B [20%]

Explanation:

1 free out of 5 taken → 1/5 = 20%.

9.  
Match the mark-up and discount with the profit: (i) mark-up 20%, discount 10% (ii) mark-up 50%, discount 20% (iii) mark-up 25%, discount 20% (iv) mark-up 40%, discount 25% ; (p) 0% (q) 5% (r) 8% (s) 20%

Correct Answer: A [i-r, ii-s, iii-p, iv-q]

Explanation:

m − d − md/100: 20 − 10 − 2 = 8; 50 − 20 − 10 = 20; 25 − 20 − 5 = 0; 40 − 25 − 10 = 5.

10.  
Two articles are sold at ₹ 990 each, one at a 10% profit and the other at a 10% loss. The overall result is:

Correct Answer: B [1% loss]

Explanation:

Same SP Square Loss: 10²/100 = 1% loss (CPs 900 and 1,100; ₹ 20 lost).

11.  
A pen stand sold for ₹ 450 gives a loss of 10%. To gain 10%, it should be sold for:

Correct Answer: D [₹ 550]

Explanation:

CP = 450/0.9 = 500 → 500 × 1.1 = ₹ 550.

12.  
Odd one out – which deal does NOT give a 20% profit?

Correct Answer: C [marked 25% above CP, sold at a 5% discount]

Explanation:

1.25 × 0.95 = 1.1875 → 18.75%.

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