A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage. MCQ with Answer and Explanation

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A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage.

A. 12.5%

B. 17.5%

C. 15%

D. 10%

Answer: Option A

Solution (By JKSSB Mock Tests)

Let CP = 100. Marked Price = 125. Discount = 10% of 125 = 12.5. SP = 125 - 12.5 = 112.5. Profit % = 12.5%.

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. 176 and the profit is 10%, find the cost price.

A. Rs. 155

B. Rs. 165

C. Rs. 170

D. Rs. 160

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Correct Answer: Option D

Explanation:
CP = 176 / 1.10 = 160.

This question belongs to: Maths Profit And Loss

Question #2

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After allowing a discount of 20% on the marked price, a trader makes a profit of 12%. If the goods were sold at the marked price without discount, what would be the profit percentage?

A. 45%

B. 30%

C. 40%

D. 35%

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Correct Answer: Option C

Explanation:
Let Cost Price = 100. Selling Price = 112. Marked Price * 0.80 = 112. Marked Price = 140. Profit at Marked Price = 140 - 100 = 40. Profit percentage = 40%.

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Question #3

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A trader sells an article at a 15% profit. If he buys it at 10% less and sells it for Rs. 4 less, he still makes a 25% profit. Find the original cost price.

A. Rs. 150

B. Rs. 200

C. Rs. 160

D. Rs. 180

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Correct Answer: Option C

Explanation:
Let initial Cost Price = 100x. Initial Selling Price = 115x. New Cost Price = 90x. New Selling Price = 90x * 1.25 = 112.5x. Difference = 115x - 112.5x = 2.5x. 2.5x = 4. x = 1.6. Cost Price = 100 * 1.6 = 160.

This question belongs to: Maths Profit And Loss

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