A trader allows a discount of 20% on an article and still gains 25%. If the cost price is Rs. 400, find the marked price. MCQ with Answer and Explanation

Question

A trader allows a discount of 20% on an article and still gains 25%. If the cost price is Rs. 400, find the marked price.

A. Rs. 650

B. Rs. 625

C. Rs. 700

D. Rs. 600

Answer: Option B

Solution (By JKSSB Mock Tests)

The correct answer is Option B. Detailed explanation will be updated soon.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader allows a discount of 30% on the marked price and still gains 20%. If the cost price is Rs. 700, find the marked price.

A. Rs. 1150

B. Rs. 1200

C. Rs. 1300

D. Rs. 1250

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 110 and the loss is 15%, find the cost price.

A. Rs. 129.41

B. Rs. 125

C. Rs. 120

D. Rs. 130

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #3

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A person buys a shirt for Rs. 350 and sells it for Rs. 420. What is the profit percentage?

A. 15%

B. 25%

C. 20%

D. 18%

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Correct Answer: Option C

Explanation:
Profit = 70, profit% = 70/350*100 = 20%.

This question belongs to: Maths Profit And Loss

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