A man buys a watch for Rs. 1200 and sells it at a profit of 25%. What is the selling price of the watch? MCQ with Answer and Explanation

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A man buys a watch for Rs. 1200 and sells it at a profit of 25%. What is the selling price of the watch?

A. Rs. 1400

B. Rs. 1450

C. Rs. 1500

D. Rs. 1600

Answer: Option C

Solution (By JKSSB Mock Tests)

Profit = 25% of 1200 = 300. Selling Price = Cost Price + Profit = 1200 + 300 = Rs. 1500.

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 210 and the profit is 5%, find the cost price.

A. Rs. 195

B. Rs. 205

C. Rs. 210

D. Rs. 200

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Correct Answer: Option D

Explanation:
CP = 210 / 1.05 = 200.

This question belongs to: Maths Profit And Loss

Question #2

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If selling price is multiplied by 3, the profit becomes 5 times the original profit. Find the original profit percentage.

A. 50%

B. 100%

C. 150%

D. 125%

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Correct Answer: Option B

Explanation:
Let original SP = S, CP = C. Profit P = S - C. New SP = 3S. New Profit = 3S - C. Given: 3S - C = 5(S - C). 3S - C = 5S - 5C. 4C = 2S. S = 2C. Profit = 2C - C = C. Profit % = (C/C) * 100 = 100%.

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Question #3

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A shopkeeper marks an article at Rs. 800 and sells it at a discount of 12%. What is the selling price?

A. Rs. 720

B. Rs. 680

C. Rs. 704

D. Rs. 700

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Correct Answer: Option C

Explanation:
SP = 800*0.88 = 704.

This question belongs to: Maths Profit And Loss

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