A trader allows a discount of 15% on the marked price and still gains 10%. If the cost price is Rs. 400, find the marked price. MCQ with Answer and Explanation

Question

A trader allows a discount of 15% on the marked price and still gains 10%. If the cost price is Rs. 400, find the marked price.

A. Rs. 517.65

B. Rs. 510

C. Rs. 530

D. Rs. 500

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 400*1.1 = 440. MP = 440 / 0.85 = 517.65.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

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

Practice More Profit And Loss Questions

Question #1

Share Report

A trader marks his goods at 20% above CP and gives a discount of 10%. What is his profit percent?

A. 8%

B. 12%

C. 10%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Let CP=100, MP=120, SP=120*0.9=108, profit=8%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A person sells a TV set for Rs. 9400 and makes a certain loss. If he sells it for Rs. 10600, his profit is double the amount of his previous loss. What is the cost price of the TV?

A. Rs. 9800

B. Rs. 10000

C. Rs. 10200

D. Rs. 9600

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Let Cost Price = x. Loss = x - 9400. Profit = 10600 - x. Profit = 2 * Loss. 10600 - x = 2 * (x - 9400). 10600 - x = 2x - 18800. 3x = 29400. x = 9800.

This question belongs to: Maths Profit And Loss