Lakshya Education MCQs

Question: A shopkeeper listed the price of goods at 30% above the cost price. He sells half of the stock at listed price, one forth of the stock at a discount of 15% and the remaining at 30% discount. His overall profit is = ?
Options:
A.$$15\frac{3}{8}\% $$
B.15%
C.$$15\frac{3}{5}\% $$
D.$$15\frac{2}{3}\% $$
Answer: Option A

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Question 1. Maha Bazaar offers 20% discount on bags which have been marked 50% above the cost price. Amarnath pays Rs. 840 for a bag. Then the cost price of the bag is = ?
  1.    Rs. 672
  2.    Rs. 700
  3.    Rs. 790
  4.    Rs. 810
Answer: Option B
Question 2. While selling a watch, a shopkeeper gives a discount of 5%. If he gives a discount of 6%, he earns Rs. 15 less as profit, what is the marked price of the watch = ?
  1.    Rs. 1250
  2.    Rs. 1400
  3.    Rs. 1500
  4.    Rs. 750
Answer: Option C
Question 3. An article of cost price Rs. 8000 is marked at Rs. 11200, after allowing a discount of x percent a profit of 12% is made. The value of x is = ?
  1.    21%
  2.    20%
  3.    22%
  4.    23%
Answer: Option B
Question 4. Successive discount of p% and q% on the catalogue price of an article is equivalent to a single discount of = ?
  1.    $$\left( {p - q - \frac{{pq}}{{100}}} \right)\% $$
  2.    $$\left( {p + q - \frac{{pq}}{{100}}} \right)\% $$
  3.    $$\left( {p - q + \frac{{pq}}{{100}}} \right)\% $$
  4.    $$\left( {p + q + \frac{{pq}}{{100}}} \right)\% $$
Answer: Option C
Question 5. The single discount equivalent to the discount series of 20%, 10% and 5% is = ?
  1.    11.66%
  2.    31.6%
  3.    35.66Z%
  4.    32%
Answer: Option B
Question 6. A single discount equivalent to discount series 20% , 20% and 10% is = ?
  1.    50%
  2.    48.4%
  3.    42.4%
  4.    40.4%
Answer: Option C

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