A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price. MCQ with Answer and Explanation

Question

A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price.

A. Rs. 640

B. Rs. 650

C. Rs. 626.09

D. Rs. 600

Answer: Option C

Solution (By JKSSB Mock Tests)

SP = 800*0.9 = 720. CP = 720 / 1.15 = 626.09.

This question belongs to: Maths Profit And Loss

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Question #1

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A dealer marks his goods 30% above cost and gives a discount of 20%. What is his profit percent?

A. 8%

B. 6%

C. 10%

D. 4%

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Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #2

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A reduction of 20% in the price of sugar enables a purchaser to obtain 4 kg more for Rs. 160. What is the original price per kg?

A. Rs. 15

B. Rs. 10

C. Rs. 8

D. Rs. 12

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Correct Answer: Option B

Explanation:
20% of 160 = 32. This Rs. 32 buys 4 kg sugar. Reduced price = 32 / 4 = Rs. 8/kg. Let original price be x. 0.8x = 8. x = Rs. 10/kg.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells a product for Rs. 630, losing 10%. Find the cost price.

A. Rs. 650

B. Rs. 680

C. Rs. 700

D. Rs. 720

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Correct Answer: Option C

Explanation:
SP = 90% of CP => CP = 630 / 0.9 = 700.

This question belongs to: Maths Profit And Loss

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