Marked Price 1. The market price of a chair was P 1200. This price was 20% above the cost price. It was sold at a discount of 10% on the marked price. Find the profit percent.

A. 6 % B. 4 % C. 8 % D. 5 %

Discounts 1. A dozen pairs of socks of P 80 are available at a discount of 10%. Find out how many pairs of socks can be bought for P 24.

A. 2 B. 4 C. 6 D. 8

2. A merchant decided to mark up his goods by 20% and then offered 10% discount. What will be a percentage of profit or loss?

A. 8% profit B. 8% loss C. 4% loss D. 4% profit

3. A superstore marks its goods by a certain percentage over the past price and then offers a discount of 40%. Using this method, they make 5% profit. Find the percentage by which the goods were marked up.

A. 60 % B. 70 % C. 72 % D. 75 %

4. A trader allows a discount of 10% on the market price of the goods. He still manages to make a profit of 17% on the cost price. What will be profit percentage had the trader sold the goods at the market price?

A. 10 % B. 20 % C. 30 % D. 40 %

5. A merchant sold goods at 10% discount and earned a profit of 20%. What would be the percentage of profit if no discount was offered?

A. 32.32 % B. 33.33 % C. 34. 5 % D. 35. 6 %