A dealer marks his goods 50% above cost price and gives a discount of 30%. What is his profit percentage? MCQ with Answer and Explanation

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A dealer marks his goods 50% above cost price and gives a discount of 30%. What is his profit percentage?

A. 20%

B. 5%

C. 10%

D. 15%

Answer: Option B

Solution (By JKSSB Mock Tests)

The correct answer is Option B. Detailed explanation will be updated soon.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an article is Rs. 300 and the selling price is Rs. 255, what is the loss percentage?

A. 18%

B. 10%

C. 15%

D. 12%

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Correct Answer: Option C

Explanation:
Loss = 45, loss% = 45/300*100 = 15%.

This question belongs to: Maths Profit And Loss

Question #2

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A person bought a table for Rs. 1200 and sold it for Rs. 1440. What is the gain percent?

A. 18%

B. 15%

C. 20%

D. 25%

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Correct Answer: Option C

Explanation:
Gain = 240, gain% = 240/1200*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

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A fruit seller buys 100 oranges at Rs. 4 each and sells them at Rs. 5 each. What is his profit percentage?

A. 20%

B. 25%

C. 15%

D. 30%

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Correct Answer: Option B

Explanation:
CP = 400, SP = 500, profit = 100, profit% = (100/400)*100=25%.

This question belongs to: Maths Profit And Loss

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