Profit and Loss - Data Intensity 1 | Multiple Questions and Answers

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Profit and Loss - Data Intensity 1 Multiple Questions and Answers.

16.	A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40. Then how many shirts each costing Rs.32 he should purchase?

	A.	6
	B.	5
	C.	10
	D.	7

17.	The difference between a discount of 40% on Rs. 500 and two successive discount of 36% and 4% on the same amount is:________?

	A.	0
	B.	Rs. 2
	C.	Rs. 1.93
	D.	Rs. 7.20

18.	Tarun bought a T.V with 20% discount on the labelled price. Had he bought it with 25% discount? He would have saved Rs. 500. At what price did he buy the T.V?

	A.	Rs. 5000
	B.	Rs. 10000
	C.	Rs. 12000
	D.	Rs. 16000

19.	A man purchases an electric heater whose printed price is 160 if he received two successive discounts of 20% and 10% he paid:

	A.	Rs. 112
	B.	Rs. 129.60
	C.	Rs. 119.60
	D.	Rs. 115.20

20.	The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price, in this kind of sale the seller

	A.	Bears no loss no gain
	B.	gains
	C.	loses 1%
	D.	None of these

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