Subject Experts Solutions for Chapter: Profit, Loss and Discount, Exercise 1: TEST YOUR SKILLS

A man spends $10\%$ of the cost price as overheads and mark his goods $20\%$ above the total cost price. He allows $10\%$ discount. What is his profit on the article which is sold for $₹594$?

The difference between a discount of $35\%$ and successive discount of $20\%$ on a certain bill was $₹ 22.$ Find the amount of the bill.

“Note: This question given in the book seems to have errors and the modified question should be as given below.”

The difference between a discount of $35\%$ and two successive discounts of $20\%$ on a certain bill was $₹22$. Find the amount of the bill.

The dealer allows $20\%$ discount on the marked price article and still makes a profit of $12\%$ on his cost price. Calculate the marked price on which he gains $₹135$

A dealer is selling an article at a discount of $5\%$ on the marked price. What is the selling price, if marked price is $₹140$.

A dealer is selling an article at a discount of $5\%$ on the marked price.

What is the cost price, if the marked price is $12\%$ above the cost price?

The marked price of an article is $₹900$ and is available at two successive discounts of $20\%$ and $10\%$ . Calculate the selling price of the article.

A shopkeeper listed the price of goods at $30\%$ above the cost price He sells half of the stock at this price, one quarter of the stock at a discount of $15\%$ and the rest at a discount of $30\%$ Find his profit percent overall.

A shopkeeper brought a $\mathrm{T}.\mathrm{V}.$ $30\%$ set at a discount of the listed price of $₹24000$. He offered a discount of $10\%$ of the list price to his customer. $\mathrm{VAT}$ is $10\%$. If the $\mathrm{VAT}$ amount to be paid by the shopkeeper is$₹k$. Find $k$.