A shopkeeper sells an article at 20% profit. If bought at 20% less and sold for Rs. 10 less, gain would be 25%. Find CP. MCQ with Answer and Explanation

A shopkeeper sells an article at 20% profit. If bought at 20% less and sold for Rs. 10 less, gain would be 25%. Find CP.
A. Rs. 45
B. Rs. 50
C. Rs. 40
D. Rs. 55
Answer: Option B
Solution (By JKSSB Mock Tests)
CP = x, SP = 1.2x. New CP = 0.8x, new SP = 1.2x - 10. New SP = 1.25×0.8x = x. So 1.2x - 10 = x → 0.2x = 10 → x = 50.

Discuss this Question (0)

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

Practice More Percentage Questions

Question #1
Batsman scored 120 runs with 6 fours and 6 sixes. What percent of runs came from running between wickets?
A. 45%
B. 55%
C. 40%
D. 50%

Correct Answer: Option D


Explanation:
Boundary runs = 6×4 + 6×6 = 60, running = 120-60=60, % = (60/120)×100 = 50%.

This question belongs to: Maths Percentage
Question #2
Value of a scooter depreciates 10% per year. Price 40,000, after 1 year value is:
A. 34,000
B. 35,000
C. 37,000
D. 36,000

Correct Answer: Option D


Explanation:
40,000 × 0.9 = 36,000.

This question belongs to: Maths Percentage
Question #3
If x% of 300 = 45, then x is:
A. 15
B. 12
C. 18
D. 10

Correct Answer: Option A


Explanation:
300 × x/100 = 45 → 3x = 45 → x = 15.

This question belongs to: Maths Percentage