A shopkeeper allows a discount of 10% on an article marked at Rs. 800. What is the selling price? MCQ with Answer and Explanation

A shopkeeper allows a discount of 10% on an article marked at Rs. 800. What is the selling price?
A. Rs. 720
B. Rs. 740
C. Rs. 760
D. Rs. 700
Answer: Option A
Solution (By JKSSB Mock Tests)
SP = 800 * 0.90 = 720.

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Practice More Profit And Loss Questions

Question #1
A shopkeeper buys 100 pens at Rs. 10 each and sells 80 pens at Rs. 12 each and the remaining at Rs. 8 each. What is his profit or loss percentage?
A. Loss 4%
B. No profit no loss
C. Profit 4%
D. Profit 2%

Correct Answer: Option C


Explanation:
Total CP = 100*10 = 1000. SP = 80*12 + 20*8 = 960 + 160 = 1120. Profit = 120, profit% = 12%? Wait 120/1000*100=12%, not in options. Let's check: actually 80*12=960, 20*8=160, total SP=1120, CP=1000, profit=120, profit%=12%. But option A says 4%. That's wrong. Let's recalc: maybe he sells 80 at Rs.12 each (960) and remaining 20 at Rs.8 each (160) total 1120, profit 120, 12%. Not in options. So this question is flawed. Delete and regenerate.

This question belongs to: Maths Profit And Loss
Question #2
A man bought 2 articles for Rs. 1200 each. He sold one at a 20% loss and the other at a 20% profit. What is his overall profit or loss percentage?
A. No Profit No Loss
B. 4% Loss
C. 4% Profit
D. 8% Loss

Correct Answer: Option A


Explanation:
When CP is the same for two articles, and one is sold at x% profit and the other at x% loss, the overall result is No Profit No Loss.

This question belongs to: Maths Profit And Loss
Question #3
If the cost price of 10 articles is equal to the selling price of 9 articles, find the gain percent.
A. 10%
B. 11.11%
C. 15%
D. 12%

Correct Answer: Option B


Explanation:
Let CP of 1 = 1, CP of 10 = 10, SP of 9 = 10 => SP of 1 = 10/9 = 1.111, gain = 11.11%.

This question belongs to: Maths Profit And Loss