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Mark up and Discount

1. Ratio of marked price and selling price, when a discount is given, of an article is 5:4 and ratio of
cost price and selling price is 5:6. If discount % is double up, then a loss of Rs.60 occurs. Find the
marked price. (Ans: Rs.900)
2. Namitha offers a discount of 20% on all the items at her shop and still makes a profit of 12%. What
is the cost price of an article marked at Rs.280? (Ans: Rs.200)
3. A shopkeeper allows a discount of 10% to his customers and still gains 20%. Find the marked price
of an article which costs Rs.450 to the shopkeeper. (Ans: Rs.600)
4. A bicycle marked at Rs.1500 is sold for Rs.1350. What is the percentage of the discount? (Ans:
10%)
5. An almirah is sold at Rs.5225 after allowing a discount of 5%. Find its marked price. (Ans: Rs.5500)
6. A person buys a shirt with marked price Rs.300 at 20% discount. In order to make a profit of 20%
the person should sell the shirt for: (Ans: Rs.288)
7. Suppose the cost to make a bag is Rs.20. What is the selling price, if you want a markup of 30%?
(Ans: Rs.26)
8. If you purchase an item for Rs.15 and sell it for Rs.20, what is the markup percentage? (Ans:
33.33%)
9. A dozen pairs of socks quoted at Rs. 80 are available at a discount of 10%. Find out how many pairs
of socks can be bought for Rs. 24. (Ans: 4 pairs)
10. The market price of a chair was Rs. 1200. This price was 20% above the cost price. It was sold at a
discount of 10% on the marked price. Find the profit percent. (Ans: 8%)
11. A merchant decided to mark up his goods by 20% and then offered 10% discount. What will be the
percentage of profit or loss? (Ans: 8% profit)
12. A superstore marks its goods by a certain percentage over the past price and then offers a discount
of 40%. Using this method, they make 5% profit. Find the percentage by which the goods were
marked up. (Ans: 75%)
13. A trader allows a discount of 10% on the market price of the goods. He still manages to make a
profit of 17% on the cost price. What will be profit percentage had the trader sold the goods at the
market price? (Ans: 30%)
14. A merchant sold goods at 10% discount and earned a profit of 20%. What would be the percentage
of profit if no discount was offered? (Ans: 33.33%)
15. The marked price of the product is given as Rs.2000 and the merchant decides to provide
successive discounts of 30% and 20% on the product. Find the selling price. (Ans: Rs.1120)
16. A marchant gives an additional amount of 10% on the product after an initial discount of 20% on
the listed price. He managed to make a 10% profit by selling the product for Rs.54000. What was
the listed price of the product? (Ans: 75000)

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