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

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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. 500

C. Rs. 520

D. Rs. 510

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 600*0.85 = 510.

This question belongs to: Maths Profit And Loss

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Question #1

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A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage.

A. 17.5%

B. 10%

C. 12.5%

D. 15%

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Correct Answer: Option C

Explanation:
Let CP = 100. Marked Price = 125. Discount = 10% of 125 = 12.5. SP = 125 - 12.5 = 112.5. Profit % = 12.5%.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 375 and the loss is 25%, find the cost price.

A. Rs. 500

B. Rs. 450

C. Rs. 480

D. Rs. 520

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Correct Answer: Option A

Explanation:
SP = 75% of CP => CP = 375 / 0.75 = 500.

This question belongs to: Maths Profit And Loss

Question #3

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A man sells an article at a profit of 12%. If the cost price is Rs. 250, what is the selling price?

A. Rs. 275

B. Rs. 280

C. Rs. 290

D. Rs. 285

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Correct Answer: Option B

Explanation:
SP = 250*1.12 = 280.

This question belongs to: Maths Profit And Loss

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