Written Instructions:
For each Multiple Choice Question (MCQ), four options are given. One of them is the correct answer. Make your choice (1,2,3 or 4). Write your answers in the brackets provided..
For each Short Answer Question(SAQ) and Long Answer Question(LAQ), write your answers in the blanks provided.
Leave your answers in the simplest form or correct to two decimal places.
1) A dealer allows a discount of 30% and still gains 24% .What is the cost price of the book which is marked at 293
Answer:_______________ |
2) A dealer allows a discount of 17% and still gains 22% .What is the cost price of the book which is marked at 460
Answer:_______________ |
3) A dealer allows a discount of 20% and still gains 14% .What is the cost price of the book which is marked at 367
Answer:_______________ |
4) A dealer allows a discount of 11% and still gains 10% .What is the cost price of the book which is marked at 317
Answer:_______________ |
5) A dealer allows a discount of 10% and still gains 28% .What is the cost price of the book which is marked at 367
Answer:_______________ |
6) A dealer allows a discount of 22% and still gains 10% .What is the cost price of the book which is marked at 337
Answer:_______________ |
7) A dealer allows a discount of 19% and still gains 26% .What is the cost price of the book which is marked at 431
Answer:_______________ |
8) A dealer allows a discount of 15% and still gains 11% .What is the cost price of the book which is marked at 324
Answer:_______________ |
9) A dealer allows a discount of 11% and still gains 18% .What is the cost price of the book which is marked at 280
Answer:_______________ |
10) A dealer allows a discount of 29% and still gains 15% .What is the cost price of the book which is marked at 289
Answer:_______________ |
1) A dealer allows a discount of 30% and still gains 24% .What is the cost price of the book which is marked at 293 Answer: 165.40 SOLUTION 1 : Given : Discount = 30% Gain = 24% M.P = 293 C.P = (100-Discount%)÷(100+Gain%) x 293 = (70÷124) x 293 = (0.564516129032 x 293) = 165.40
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2) A dealer allows a discount of 17% and still gains 22% .What is the cost price of the book which is marked at 460 Answer: 312.95 SOLUTION 1 : Given : Discount = 17% Gain = 22% M.P = 460 C.P = (100-Discount%)÷(100+Gain%) x 460 = (83÷122) x 460 = (0.680327868852 x 460) = 312.95
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3) A dealer allows a discount of 20% and still gains 14% .What is the cost price of the book which is marked at 367 Answer: 257.54 SOLUTION 1 : Given : Discount = 20% Gain = 14% M.P = 367 C.P = (100-Discount%)÷(100+Gain%) x 367 = (80÷114) x 367 = (0.701754385965 x 367) = 257.54
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4) A dealer allows a discount of 11% and still gains 10% .What is the cost price of the book which is marked at 317 Answer: 256.48 SOLUTION 1 : Given : Discount = 11% Gain = 10% M.P = 317 C.P = (100-Discount%)÷(100+Gain%) x 317 = (89÷110) x 317 = (0.809090909091 x 317) = 256.48
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5) A dealer allows a discount of 10% and still gains 28% .What is the cost price of the book which is marked at 367 Answer: 258.05 SOLUTION 1 : Given : Discount = 10% Gain = 28% M.P = 367 C.P = (100-Discount%)÷(100+Gain%) x 367 = (90÷128) x 367 = (0.703125 x 367) = 258.05
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6) A dealer allows a discount of 22% and still gains 10% .What is the cost price of the book which is marked at 337 Answer: 238.96 SOLUTION 1 : Given : Discount = 22% Gain = 10% M.P = 337 C.P = (100-Discount%)÷(100+Gain%) x 337 = (78÷110) x 337 = (0.709090909091 x 337) = 238.96
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7) A dealer allows a discount of 19% and still gains 26% .What is the cost price of the book which is marked at 431 Answer: 277.07 SOLUTION 1 : Given : Discount = 19% Gain = 26% M.P = 431 C.P = (100-Discount%)÷(100+Gain%) x 431 = (81÷126) x 431 = (0.642857142857 x 431) = 277.07
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8) A dealer allows a discount of 15% and still gains 11% .What is the cost price of the book which is marked at 324 Answer: 248.11 SOLUTION 1 : Given : Discount = 15% Gain = 11% M.P = 324 C.P = (100-Discount%)÷(100+Gain%) x 324 = (85÷111) x 324 = (0.765765765766 x 324) = 248.11
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9) A dealer allows a discount of 11% and still gains 18% .What is the cost price of the book which is marked at 280 Answer: 211.19 SOLUTION 1 : Given : Discount = 11% Gain = 18% M.P = 280 C.P = (100-Discount%)÷(100+Gain%) x 280 = (89÷118) x 280 = (0.754237288136 x 280) = 211.19
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10) A dealer allows a discount of 29% and still gains 15% .What is the cost price of the book which is marked at 289 Answer: 178.43 SOLUTION 1 : Given : Discount = 29% Gain = 15% M.P = 289 C.P = (100-Discount%)÷(100+Gain%) x 289 = (71÷115) x 289 = (0.617391304348 x 289) = 178.43
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