A trader allows a discount of 25% on an article marked at Rs. 1200. What is the selling price? MCQ with Answer and Explanation

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A trader allows a discount of 25% on an article marked at Rs. 1200. What is the selling price?

A. Rs. 950

B. Rs. 900

C. Rs. 850

D. Rs. 1000

Answer: Option B

Solution (By JKSSB Mock Tests)

SP = 1200 * 0.75 = 900.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price?

A. Rs. 320

B. Rs. 300

C. Rs. 360

D. Rs. 340

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Correct Answer: Option A

Explanation:
SP = 400*0.8 = 320.

This question belongs to: Maths Profit And Loss

Question #2

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The marked price of a machine is Rs. 3200. Two successive discounts are offered, the first being 10%. If the final selling price is Rs. 2448, find the second discount percentage.

A. 15%

B. 12%

C. 20%

D. 18%

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Correct Answer: Option A

Explanation:
Price after first discount = 3200 * 0.90 = 2880. Second discount amount = 2880 - 2448 = 432. Second discount percentage = (432 / 2880) * 100 = 15%.

This question belongs to: Maths Profit And Loss