A shopkeeper marks his goods at Rs. 1500 and gives a discount of 20%. What is the selling price? MCQ with Answer and Explanation

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A shopkeeper marks his goods at Rs. 1500 and gives a discount of 20%. What is the selling price?

A. Rs. 1100

B. Rs. 1300

C. Rs. 1250

D. Rs. 1200

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 1500*0.8 = 1200.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper buys 200 pens at Rs. 12 each and sells 150 pens at Rs. 15 each and the remaining at Rs. 10 each. What is his profit or loss percentage?

A. Loss 6.25%

B. Profit 6.25%

C. Profit 10%

D. No profit no loss

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a chair for Rs. 800, gaining 25%. Find the cost price.

A. Rs. 660

B. Rs. 640

C. Rs. 620

D. Rs. 680

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Correct Answer: Option B

Explanation:
CP = 800/1.25 = 640.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 105 and the loss is 30%, find the cost price.

A. Rs. 160

B. Rs. 145

C. Rs. 150

D. Rs. 140

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Correct Answer: Option C

Explanation:
SP = 70% of CP => CP = 105 / 0.7 = 150.

This question belongs to: Maths Profit And Loss

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