a2zinterviews

19.	A man sells two flats at the rate of Rs. 1995 lakhs each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction is
	A.  0.25% loss
	B.  0.25% gain
	C.  2.5% loss
	D.  25% loss

Solution

Loss% = (5/10)2% = (0.5)2% = 0.25%.

20.	A bag marked at Rs. 80 is sold for Rs. 68. The rate of discount is
	A.  10%
	B.  15%
	C.  20%
	D.  22%

Solution

Rate of discount = (12 / 80 x 100)% = 15%.

21.	A product when sold with 10% rebate on the listed price gave a profit of Rs.70. What was its cost price?
	A.  Rs. 200
	B.  Rs. 250
	C.  Rs. 300
	D.  Cannot be determined

Solution

Since the marked price is not given, so the cost price cannot be determined.