A shopkeeper offers a discount of 10% on an article marked at Rs. 500. What is the selling price? MCQ with Answer and Explanation

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A shopkeeper offers a discount of 10% on an article marked at Rs. 500. What is the selling price?

A. Rs. 440

B. Rs. 450

C. Rs. 460

D. Rs. 470

Answer: Option B

Solution (By JKSSB Mock Tests)

SP = 500*0.9 = 450.

This question belongs to: Maths Profit And Loss

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Question #1

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The selling price of an article is 8/5 times its cost price. Find the profit percentage.

A. 60%

B. 75%

C. 40%

D. 50%

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Correct Answer: Option A

Explanation:
Selling Price = (8/5) * Cost Price. Selling Price / Cost Price = 1.6. Profit = 0.6 of Cost Price. Profit percentage = 60%.

This question belongs to: Maths Profit And Loss

Question #2

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A person sells a watch for Rs. 900, gaining 12.5%. Find the cost price.

A. Rs. 800

B. Rs. 840

C. Rs. 780

D. Rs. 820

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Correct Answer: Option A

Explanation:
CP = 900 / 1.125 = 800.

This question belongs to: Maths Profit And Loss

Question #3

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If a man sells an article at a gain of 15%, he gets Rs. 45 more than when he sells at a loss of 10%. Find the cost price.

A. Rs. 160

B. Rs. 220

C. Rs. 200

D. Rs. 180

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Correct Answer: Option D

Explanation:
Let CP = x. 1.15x - 0.9x = 45 => 0.25x = 45 => x = 180.

This question belongs to: Maths Profit And Loss

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