A shopkeeper allows a discount of 10% on an article marked at Rs. 450. What is the selling price? MCQ with Answer and Explanation

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A shopkeeper allows a discount of 10% on an article marked at Rs. 450. What is the selling price?

A. Rs. 415

B. Rs. 410

C. Rs. 400

D. Rs. 405

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 450 * 0.9 = 405.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper marks an article at Rs. 600 and gives a discount of 15%. What is the selling price?

A. Rs. 490

B. Rs. 510

C. Rs. 500

D. Rs. 520

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Correct Answer: Option B

Explanation:
SP = 600*0.85 = 510.

This question belongs to: Maths Profit And Loss

Question #2

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A dishonest dealer cheats by 20% while buying and 20% while selling using false weights. He marks up his goods by 10%. Find his true overall profit percentage.

A. 65%

B. 70%

C. 60%

D. 55%

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Correct Answer: Option A

Explanation:
Buying cheat: gets 120g for price of 100g (multiplier = 1.2). Selling cheat: gives 80g for price of 100g (multiplier = 1 / 0.8 = 1.25). Markup: 10% (multiplier = 1.1). Total multiplier = 1.2 * 1.25 * 1.1 = 1.65. Profit percentage = 65%.

This question belongs to: Maths Profit And Loss