A person buys an article at 20% discount on the marked price and sells it at the marked price. What is his profit percent? MCQ with Answer and Explanation

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A person buys an article at 20% discount on the marked price and sells it at the marked price. What is his profit percent?

A. 25%

B. 22%

C. 20%

D. 28%

Answer: Option A

Solution (By JKSSB Mock Tests)

Let MP=100, CP=80, SP=100, profit% = (20/80)×100 = 25%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1

What percent of 500 is 125?

A. 30%

B. 20%

C. 22.5%

D. 25%

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Correct Answer: Option D

Explanation:
(125/500)×100 = 25%.

This question belongs to: Maths Percentage

Question #2

5% of a number is 10. What is 20% of the same number?

A. 50

B. 40

C. 60

D. 30

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Correct Answer: Option B

Explanation:
Number = 10/0.05 = 200. 20% of 200 = 40.

This question belongs to: Maths Percentage

Question #3

Difference between 56% and 34% of a number is 132. The number is:

A. 500

B. 600

C. 550

D. 650

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Correct Answer: Option B

Explanation:
22% of number = 132 → number = 132/0.22 = 600.

This question belongs to: Maths Percentage

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