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1.  

Directions (Q 37–40): A shop buys a TV for ₹ 20,000, a fridge for ₹ 25,000 and a washing machine for ₹ 16,000. It marks them 30%, 20% and 25% above cost and allows discounts of 10%, 8% and 5% respectively.

The total profit on the three articles is:

Correct Answer: D [₹ 9,000]

Explanation:

SPs 23,400 + 27,600 + 19,000 = 70,000; CPs 61,000 → profit ₹ 9,000.

2.  
(Use the directions above – Profit & Loss and Discount, Q 37–40)
The profit percentage on the fridge is:

Correct Answer: E [10.4%]

Explanation:

MP 30,000 → SP 27,600 → profit 2,600/25,000 = 10.4%.

3.  
(Use the directions above – Profit & Loss and Discount, Q 37–40)
The ratio of the profit on the TV to the profit on the washing machine is:

Correct Answer: D [17 : 15]

Explanation:

3,400 : 3,000 = 17 : 15.

4.  
(Use the directions above – Profit & Loss and Discount, Q 37–40)
If the discount on the TV were 20% instead of 10%, the profit percentage on the TV would be:

Correct Answer: A [4%]

Explanation:

26,000 × 0.8 = 20,800 → profit 800 on 20,000 = 4%.

5.  
A sofa marked ₹ 40,000 is sold after successive discounts of 15% and 10% and a further 5% cash discount. The customer pays:

Correct Answer: C [₹ 29,070]

Explanation:

40,000 × 0.85 × 0.9 × 0.95 = ₹ 29,070.

6.  
A dealer claims to sell at 4% above cost price, but uses an 800 g weight for 1 kg. His actual gain percentage is:

Correct Answer: E [30%]

Explanation:

1.04/0.8 = 1.3 → 30%.

7.  
Quantity I: the marked price of an article costing ₹ 1,500 so that a 26% profit is made after a 10% discount
Quantity II: the selling price of an article costing ₹ 1,750 sold at a 20% profit

Correct Answer: E [Quantity I = Quantity II or relation cannot be established]

Explanation:

I: 1,500 × 1.26/0.9 = ₹ 2,100.

8.  
What is the marked price of the article?
I. Its cost price is ₹ 800, and after a 20% discount the profit is 10%.
II. The discount given is ₹ 220.

Correct Answer: A [Statement I alone is sufficient]

Explanation:

I alone: MP = 800 × 1.1/0.8 = ₹ 1,100.

9.  
P sells an article to Q at a 25% profit, Q sells it to R at a 20% profit and R sells it to S at a 10% loss. S pays ₹ 5,940. P's cost price is:

Correct Answer: B [₹ 4,400]

Explanation:

5,940 ÷ (1.25 × 1.2 × 0.9) = 5,940 ÷ 1.35 = ₹ 4,400.

10.  
The cost prices of two articles are in the ratio 2 : 3. The first is sold at a 25% profit and the second at a 10% loss. The overall result is:

Correct Answer: A [4% profit]

Explanation:

Weighted by CP: (2 × 25 − 3 × 10)/5 = 20/5 = 4% profit.

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