EASY
CAT
IMPORTANT
Earn 100

The printed price of a calculator is 225. A retailer pays 148.5 for it by getting successive discounts of 20% and another rate which is illegible. What is the second discount rate?

50% studentsanswered this correctly

Important Questions on Profit & Loss

EASY
CAT
IMPORTANT
How much percent more than the cost price should a shopkeeper mark his goods, so that after allowing a discount of 6.25% he should have a gain of 25% on his outlay?
EASY
CAT
IMPORTANT
In order to maintain the price line, a trader allows a discount of 20% on the marked price of goods in his shop. However, he still makes a gross profit of 12% on the cost price. Find the profit percent he would have made on the selling price had he sold at the marked price.
EASY
CAT
IMPORTANT
A whole seller allows a discount of 25% on the list price to a retailer. The retailer sells at the 10% discount on the list price. If the customer paid 54 for an article, what is the profit by the retailer?
EASY
CAT
IMPORTANT
A whole-seller allows a discount of 25% on the list price to a retailer. The retailer sells at 10% discount on the list price. If the customer paid 54 for an article, find the retailer’s percentage profit on his cost giving your answer correct to two decimal places.
EASY
CAT
IMPORTANT
The cost of production of a cordless phone set in 2016 is 1100, divided between material, labour and overheads in the ratio 4:5:2. If the cordless phone set is marked at a price that gives a 10% profit on the component of price accounted for by labour, what is the marked price of the set?
EASY
CAT
IMPORTANT
The cost of production of a cordless phone set in 2016 is 1100, divided between material, labour and overheads in the ratio 4:5:2. If subsequently in 2017, the cost of material, labour and overheads increased by 20%, 30% and 10% respectively, calculate the cost of man­ufacturing in 2017.
EASY
CAT
IMPORTANT
The cost of production of a cordless phone set in 2016 is 1100, divided between material, labour and overheads in the ratio 4:5:2. If the cordless phone set is marked at a price that gives a 10% profit on the component of price accounted for by labour, If the cordless phone set is marked at a price that gives a 10% profit on the component of price accounted for by labour, what is the marked price of the set?
EASY
CAT
IMPORTANT
By selling a casserole for 820, a man incurs a loss of 18%. At what price should he sell the casserole to gain 28%?