Sale Price | MCQs

Explanation

To find the sale price, calculate 20% of the listed price (Rs. 160) and subtract that amount from the listed price.

20% of Rs. 160 = (20/100) x Rs. 160 = Rs. 32

Now, subtract Rs. 32 from Rs. 160:

Rs. 160 - Rs. 32 = Rs. 128

So, the correct answer is:

Rs. 128

Explanation

Loss = 50000 - 43000 = 7000

Loss % = (7000 / 50000) × 100 = 14%

Explanation

( x × 8 ) + [ ( 1000 − x ) × 18 ] = 14 × 1000

Simplifying the equation:

−10x + 18000 = 14000

Solving for x:

x = 400

And finally, finding the quantity sold at 18% profit:

1000 − 400 = 600 kg

Explanation

Since a 20% discount reduced the price to Rs. 100:

x - (20% of x) = 100

To find 20% of x, multiply x by 0.20:

x - 0.20x = 100

Combine like terms:

0.80x = 100

Divide by 0.80:

x = 125

Explanation

Profit percent is calculated using the formula: (Profit / Cost Price) × 100%.

This formula gives the percentage profit based on the cost price (C.P).

Explanation

To find the value-added tax (VAT), we need to calculate the tax paid and charged, then find the difference.

Step 1: Calculate the tax paid on purchase

Tax paid = 5% of Rs. 52900 = 0.05 * 52900 = Rs. 2645

Step 2: Calculate the tax charged on sale

Tax charged = 7% of Rs. 53500 = 0.07 * 53500 = Rs. 3745

Step 3: Calculate the value-added tax (VAT)

VAT = Tax charged - Tax paid = Rs. 3745 - Rs. 2645 = Rs. 1100

Explanation

Discount percentage = (Discount / Original Price) * 100

Discount = Rs. 2.50

Original Price = Rs. 50

Discount percentage = (2.50 / 50) * 100

= 5%

Explanation

To find the value-added tax (VAT), we need to calculate the tax paid on purchase and tax charged on sale, then find the difference.

Purchase price = Rs. 6890

Tax paid on purchase = 4% of 6890

= 0.04 × 6890

= Rs. 275.6

Sale price = Rs. 7900

Tax charged on sale = 6% of 7900

= 0.06 × 7900

= Rs. 474

Value-added tax (VAT) = Tax charged on sale - Tax paid on purchase

= 474 - 275.6

= Rs. 198.4

Explanation

When two successive discounts are given, use the formula:

Overall Discount (%) = A + B - (A × B) / 100

Where:

A = first discount = 10%

B = second discount = 14%

So:

= 10 + 14 - (10 × 14) / 100

= 24 - 1.4

= 22.6%

Explanation

To find the percentage discount:

Marked price = Rs. 80

Sale price = Rs. 72

Discount = Marked price - Sale price

Discount = 80 - 72

Discount = 8

Percentage discount = (Discount / Marked price) × 100

Percentage discount = (8 / 80) × 100

Percentage discount = 10%