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. 400

B. Rs. 410

C. Rs. 405

D. Rs. 415

Answer: Option C

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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If the cost price of an article is Rs. 500 and the selling price is Rs. 450, what is the loss percentage?

A. 8%

B. 15%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
Loss = 50, loss% = 50/500*100 = 10%.

This question belongs to: Maths Profit And Loss

Question #2

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If an item is sold for Rs. 450 at a 10% loss, what was its cost price?

A. Rs. 500

B. Rs. 520

C. Rs. 480

D. Rs. 490

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Correct Answer: Option A

Explanation:
Selling Price is 90% of Cost Price. 0.90 * CP = 450. CP = 450 / 0.90 = Rs. 500.

This question belongs to: Maths Profit And Loss

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. 700

B. Rs. 704

C. Rs. 680

D. Rs. 720

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Correct Answer: Option B

Explanation:
SP = 800*0.88 = 704.

This question belongs to: Maths Profit And Loss

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