A shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price? MCQ with Answer and Explanation

Question

Share Report Error

A shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price?

A. Rs. 300

B. Rs. 320

C. Rs. 340

D. Rs. 360

Answer: Option B

Solution (By JKSSB Mock Tests)

SP = 400*0.8 = 320.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

If a shopkeeper sells an item at Rs. 360, he gains 20%. Find the cost price.

A. Rs. 320

B. Rs. 340

C. Rs. 280

D. Rs. 300

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 360/1.2 = 300.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A shopkeeper gives 1 article free on the purchase of every 4 articles. He also allows an additional discount of 20%. Find his total net discount percentage.

A. 40%

B. 36%

C. 44%

D. 45%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Customer gets 5 articles but pays for 4. Discount from free item = (1/5) * 100 = 20%. Two successive discounts of 20% and 20%. Equivalent discount = 20 + 20 - (400/100) = 36%.

This question belongs to: Maths Profit And Loss