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Profit and Loss Practice Test 6
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© examsnet.com
Question : 1
Total: 40
Umang has to purchase 20 notebooks costing Rs 120 for his shop. A wholesaler offered him a discount if he purchases 25 notebooks. If it is assumed that the wholesaler sells 20 notebooks to Umang at the normal price and 5 extra note books for Rs 30 each, what is the percentage of discount given by the wholesaler to Umang?
10%
8
1
3
%
16
2
3
%
15
%
None of these
Validate
Solution:
CP of 25 notebooks at the normal rate = 25 × 120 = Rs 3,000
SP of 25 notebooks
=
(
20
×
120
)
+
(
5
×
30
)
= 2,400 + 150 = Rs 2,550
Discount per cent
=
3000
−
2550
3000
×
100
=
15
%
© examsnet.com
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