A shopkeeper sells an article at 10% profit. Had he bought it at 20% less and sold it for Rs. 12 less, he would have gained 30%. Find the cost price. MCQ with Answer and Explanation

A shopkeeper sells an article at 10% profit. Had he bought it at 20% less and sold it for Rs. 12 less, he would have gained 30%. Find the cost price.
A. Rs. 220
B. Rs. 180
C. Rs. 200
D. Rs. 150
Answer: Option C
Solution (By JKSSB Mock Tests)
CP=x, SP=1.1x. New CP=0.8x, new SP=1.1x-12 = 1.3×0.8x = 1.04x → 0.06x=12 → x=200.

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Practice More Percentage Questions

Question #1
Library: 25% English, 35% Hindi, remaining 6000 other. Total books:
A. 16000
B. 14000
C. 15000
D. 12000

Correct Answer: Option C


Explanation:
40% = 6000, total = 15000.

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Question #2
A shopkeeper sells an article at 20% profit. Had he bought it at 20% less and sold it for Rs. 10 less, he would have gained 25%. Cost price is:
A. Rs. 55
B. Rs. 40
C. Rs. 45
D. Rs. 50

Correct Answer: Option D


Explanation:
CP=x, SP=1.2x. New CP=0.8x, new SP=1.2x-10 = 1.25×0.8x = x → 1.2x-10=x → 0.2x=10 → x=50.

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Question #3
Number of boys 20% more than girls, total 88. Number of boys:
A. 40
B. 52
C. 48
D. 44

Correct Answer: Option C


Explanation:
Girls = x, boys = 1.2x, total 2.2x=88 → x=40, boys=48.

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