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CAT2021 || Daily Target Quiz || Discount & Faulty Weights || 25.03.2021
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Question 1
Raman buys grains at Rs 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty weighs shows 1000 gm when it is actually 800 gm. What is his actual gain percentage?
Question 2
A merchant can buy goods at the rate of Rs. 20 per good. The particular good is part of an overall collection and the value is linked to the number of items that are already on the market. So, the merchant sells the first good for Rs. 2, second one for Rs. 4, third for Rs. 6…and so on. If he wants to make an overall profit of at least 40%, what is the minimum number of goods he should sell?
Question 3
A vegetable retailer sells one third portion of his total vegetable stock in the morning at 2q% profit. The second one third portion is sold at q% profit in the afternoon & the last one third part is sold at a loss of p% in the evening. If his net profit is 5% then what is the relation between p & q?
Question 4
A dealer dupes the manufacturers as well as the buyers by 100 grams each while weighing rice. He further marks the items at 20% over the price and then gives a discount of 10%. What is the profit percentage of dealer?
Question 5
How many kg of tea costing Rs. 57.5 per kg should be mixed with 75 kg of cheaper tea costing Rs. 45 per kg so that the profit% earned on selling the mixture for Rs. 66 per kg is 20%?
Question 6
A dishonest dealer purchases goods at 20% discount of the cost price and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of the cost price but he gives a discount of 25%. Besides this he cheats his customer by weighing 10% less than required. What is his overall profit percentage?
Question 7
A shopkeeper provides 28% discount on the retail price and he gains 5%. What would be the profit percentage if he reduced the discount to 10%?
Question 8
The marked price of a chair and a table are in the ratio 1 : 3. The furniture dealer gives 30% discount on the chair. If the total discount on the chair and table is 25%, what is the discount offered on the table?
Question 9
The cost price of 20 apples is equal to selling price of 16 apples and discount on 12 apples is equal to profit on 6 apples. Find the ratio of discount % and profit %.
Question 10
A shopkeeper buys 25 bags for Rs. 4000. Out of these, 5 bags are bigger than the rest. At what seling price should he sell the bigger bags so as to earn a profit of 20% if he sells the rest at 3/4th of the selling price?
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