Q. A bicycle is sold for $300 after a discount of 25%. What was the marked price?
A.
$350
B.
$375
C.
$400
D.
$450
Show solution
Solution
Let the marked price be x. Selling Price = x - 25% of x = 0.75x. Thus, 0.75x = 300, so x = 400.
Correct Answer:
B
— $375
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Q. A book is marked at $40. If a customer buys it at a 15% discount, what is the amount saved?
Show solution
Solution
Discount = 15% of 40 = 6. Amount saved = $6.
Correct Answer:
B
— $6
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Q. A book is sold for $150 after a discount of 25%. What was the marked price of the book? (2023)
A.
$175
B.
$180
C.
$200
D.
$210
Show solution
Solution
Let the marked price be x. Selling Price = Marked Price - Discount = x - 0.25x = 0.75x. Thus, 0.75x = 150, so x = 200.
Correct Answer:
C
— $200
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Q. A book is sold for $45 after a discount of 10%. What is the marked price of the book?
A.
$50
B.
$55
C.
$60
D.
$65
Show solution
Solution
Let the marked price be x. Selling Price = x - 10% of x = 45. Thus, 0.9x = 45, so x = $50.
Correct Answer:
A
— $50
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Q. A customer buys a laptop for $800 after a discount of 20%. What was the marked price?
A.
$1000
B.
$900
C.
$850
D.
$800
Show solution
Solution
Let the marked price be x. After a 20% discount, the selling price is 0.80x. Setting this equal to $800 gives 0.80x = $800, so x = $800 / 0.80 = $1000.
Correct Answer:
A
— $1000
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Q. A customer buys three items priced at $50, $70, and $80. If a discount of 15% is applied to the total bill, what is the amount saved due to the discount?
A.
$30
B.
$25
C.
$20
D.
$15
Show solution
Solution
Total cost = $50 + $70 + $80 = $200. Discount = 15% of $200 = $30. Amount saved = $30.
Correct Answer:
B
— $25
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Q. A customer buys two items for $120 each and receives a discount of 15% on the total bill. What is the final amount paid?
A.
$204
B.
$204.00
C.
$204.50
D.
$210
Show solution
Solution
Total cost before discount = 2 * $120 = $240. Discount = 15% of $240 = $36. Final amount = $240 - $36 = $204.
Correct Answer:
A
— $204
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Q. A customer buys two items for $120 each. If the first item has a profit margin of 25% and the second has a loss of 25%, what is the overall profit or loss?
A.
$0
B.
$10 profit
C.
$10 loss
D.
$20 profit
Show solution
Solution
Cost Price of first item = 120 / 1.25 = $96; Cost Price of second item = 120 / 0.75 = $160. Total Cost Price = 96 + 160 = $256; Total Selling Price = 240. Loss = 256 - 240 = $16.
Correct Answer:
A
— $0
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Q. A customer buys two items for $120 each. If the first item has a profit of 20% and the second has a loss of 20%, what is the overall profit or loss? (2023)
A.
No profit, no loss
B.
Loss of $12
C.
Profit of $12
D.
Profit of $24
Show solution
Solution
Cost Price of first item = 100, Selling Price = 120. Cost Price of second item = 150, Selling Price = 120. Total Cost Price = 250, Total Selling Price = 240. Overall loss = 10.
Correct Answer:
A
— No profit, no loss
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Q. A customer buys two items for $120 each. If the shopkeeper gives a discount of 10% on the total bill, what is the final amount paid by the customer? (2023)
A.
$216
B.
$220
C.
$240
D.
$250
Show solution
Solution
Total cost before discount = 2 * $120 = $240. Discount = 10% of $240 = $24. Final amount = $240 - $24 = $216.
Correct Answer:
A
— $216
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Q. A customer buys two items for $240 after a discount of 10% on each. What was the total marked price of the items?
A.
$250
B.
$260
C.
$270
D.
$280
Show solution
Solution
Let the total marked price be x. After a 10% discount, the selling price is 0.90x. Setting this equal to $240 gives 0.90x = $240, so x = $240 / 0.90 = $266.67, which rounds to $280.
Correct Answer:
D
— $280
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Q. A customer buys two items for $300 each and receives a 10% discount on the total. What is the total amount paid?
A.
$540
B.
$600
C.
$540
D.
$660
Show solution
Solution
Total Price = 2 * 300 = 600. Discount = 10% of 600 = 60. Total Amount Paid = 600 - 60 = $540.
Correct Answer:
A
— $540
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Q. A customer buys two shirts for $30 each and receives a discount of 10% on the total. What is the total amount paid?
A.
$54
B.
$60
C.
$66
D.
$72
Show solution
Solution
Total Price = 2 * 30 = 60. Discount = 10% of 60 = 6. Total Amount Paid = 60 - 6 = $54.
Correct Answer:
B
— $60
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Q. A discount of 10% is given on a product that costs $500. If the product is then sold for $450, what is the actual discount given?
A.
$50
B.
$45
C.
$40
D.
$55
Show solution
Solution
Actual Discount = Marked Price - Selling Price = 500 - 450 = $50.
Correct Answer:
A
— $50
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Q. A discount of 10% is given on a product that costs $500. If the product is then sold for $450, what is the profit or loss percentage?
A.
5% Profit
B.
10% Loss
C.
10% Profit
D.
5% Loss
Show solution
Solution
Discounted Price = $500 - ($500 * 0.10) = $450. Selling Price = $450, Cost Price = $500. Loss = $500 - $450 = $50. Percentage loss = ($50/$500) * 100 = 10%.
Correct Answer:
D
— 5% Loss
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Q. A discount of 10% on a book priced at $50 results in a selling price of what?
A.
$40
B.
$45
C.
$50
D.
$55
Show solution
Solution
Selling Price = Marked Price - Discount = 50 - (10% of 50) = 50 - 5 = $45.
Correct Answer:
B
— $45
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Q. A discount of 10% on a marked price results in a selling price of $90. What is the marked price? (2023)
A.
$100
B.
$110
C.
$120
D.
$130
Show solution
Solution
Let the marked price be x. Selling Price = Marked Price - Discount = x - 0.1x = 0.9x. Thus, 0.9x = 90, so x = 100.
Correct Answer:
A
— $100
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Q. A discount of 15% is given on a product that costs $120. What is the final price after the discount?
A.
$102
B.
$108
C.
$110
D.
$100
Show solution
Solution
Discount = 15% of $120 = $120 * 0.15 = $18. Final Price = $120 - $18 = $102.
Correct Answer:
B
— $108
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Q. A discount of 15% is given on a product that costs $80. What is the final price after the discount?
A.
$68
B.
$70
C.
$75
D.
$72
Show solution
Solution
Final Price = Cost Price - (Discount Percentage * Cost Price) = $80 - (0.15 * $80) = $80 - $12 = $68.
Correct Answer:
A
— $68
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Q. A discount of 15% on a marked price results in a selling price of $255. What was the marked price?
A.
$300
B.
$280
C.
$270
D.
$250
Show solution
Solution
Let the marked price be x. After a 15% discount, the selling price is 0.85x. Setting this equal to $255 gives 0.85x = $255, so x = $255 / 0.85 = $300.
Correct Answer:
A
— $300
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Q. A discount of 15% on a product results in a selling price of $255. What was the marked price?
A.
$300
B.
$280
C.
$250
D.
$270
Show solution
Solution
Let the marked price be x. Selling Price = x - (0.15 * x) = 0.85x. Setting this equal to $255 gives 0.85x = $255, so x = $255 / 0.85 = $300.
Correct Answer:
A
— $300
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Q. A discount of 25% on a marked price results in a selling price of $75. What was the marked price?
A.
$90
B.
$100
C.
$80
D.
$70
Show solution
Solution
Let the marked price be x. Selling Price = x - 25% of x = 0.75x. Thus, 0.75x = 75, so x = 100.
Correct Answer:
A
— $90
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Q. A discount of 25% on a product results in a selling price of $150. What was the original price? (2023)
A.
$175
B.
$200
C.
$225
D.
$250
Show solution
Solution
Let the original price be x. Then, Selling Price = x - (25% of x) = 150 => 0.75x = 150 => x = 200.
Correct Answer:
B
— $200
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Q. A merchant bought a batch of goods for $500 and sold them for $600. If he had given a discount of 10% on the selling price, what would be his profit?
A.
$50
B.
$60
C.
$70
D.
$40
Show solution
Solution
Selling Price after discount = 600 - 10% of 600 = 600 - 60 = 540. Profit = 540 - 500 = 40.
Correct Answer:
A
— $50
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Q. A merchant bought a batch of goods for $500 and sold them for $600. What is the profit in dollars and the profit percentage?
A.
$100, 20%
B.
$100, 25%
C.
$150, 30%
D.
$200, 40%
Show solution
Solution
Profit = Selling Price - Cost Price = $600 - $500 = $100. Profit Percentage = (Profit / Cost Price) * 100 = ($100 / $500) * 100 = 20%.
Correct Answer:
A
— $100, 20%
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Q. A merchant bought a batch of goods for $500 and sold them for $600. What is the profit percentage?
A.
20%
B.
25%
C.
30%
D.
15%
Show solution
Solution
Profit = Selling Price - Cost Price = $600 - $500 = $100. Profit percentage = (Profit/Cost Price) * 100 = ($100/$500) * 100 = 20%.
Correct Answer:
B
— 25%
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Q. A merchant bought a batch of goods for $600 and sold them at a total of $720. What is the profit percentage? (2023)
A.
15%
B.
20%
C.
25%
D.
30%
Show solution
Solution
Profit = Selling Price - Cost Price = 720 - 600 = 120. Profit Percentage = (120/600) * 100 = 20%.
Correct Answer:
B
— 20%
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Q. A merchant bought a bicycle for $500 and sold it for $450. What is the loss percentage?
A.
10%
B.
15%
C.
20%
D.
5%
Show solution
Solution
Loss = Cost Price - Selling Price = $500 - $450 = $50. Loss Percentage = (Loss/Cost Price) * 100 = ($50/$500) * 100 = 10%.
Correct Answer:
A
— 10%
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Q. A merchant sells a product for $400 after applying a discount of 20%. What was the marked price? (2023)
A.
$450
B.
$480
C.
$500
D.
$520
Show solution
Solution
Let the marked price be x. Selling Price = x - (20/100 * x) = 400. Thus, 0.8x = 400, x = 500.
Correct Answer:
C
— $500
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Q. A merchant sells a product for $500, which is a 20% profit over the cost price. What is the cost price?
A.
$400
B.
$450
C.
$480
D.
$500
Show solution
Solution
Let the cost price be x. Selling Price = x + 20% of x = 500. Thus, 1.2x = 500, so x = $400.
Correct Answer:
A
— $400
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