MNS Practice Quiz

Question 1

A shopkeeper marks an article at 25% above its cost price and allows a discount of 10% on the marked price. What is his profit percentage?

Accepted Answer

12.5%

Question 2

An article is sold for Rs. 540 at a loss of 10%. What was its cost price?

Accepted Answer

Rs. 600

Question 3

A trader mixes two varieties of rice costing Rs. 40/kg and Rs. 60/kg in the ratio 3:2. At what price per kg should he sell the mixture to gain 25%?

Accepted Answer

Rs. 60

Question 4

The price of sugar is reduced by 25%. A household wants to increase consumption so that expenditure rises by only 5%. By what percentage should consumption be increased?

Accepted Answer

40%

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