A trader allows a discount of 25% on the marked price and still gains 25%. If the cost price is Rs. 600, find the marked price. MCQ with Answer and Explanation

Question

A trader allows a discount of 25% on the marked price and still gains 25%. If the cost price is Rs. 600, find the marked price.

A. Rs. 1050

B. Rs. 950

C. Rs. 900

D. Rs. 1000

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 600*1.25 = 750. MP = 750 / 0.75 = 1000.

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 210 and the loss is 16.67%, find the cost price.

A. Rs. 252

B. Rs. 240

C. Rs. 260

D. Rs. 250

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Correct Answer: Option A

Explanation:
SP = 83.33% of CP => CP = 210 / 0.8333 ≈ 252.

This question belongs to: Maths Profit And Loss

Question #2

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The cost price of 20 articles is equal to the selling price of 16 articles. Find the profit percentage.

A. 25%

B. 20%

C. 30%

D. 16.67%

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Correct Answer: Option A

Explanation:
Let CP of 1 = 1, CP of 20 = 20, SP of 16 = 20 => SP of 1 = 20/16 = 1.25, profit = 25%.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper marks his goods 70% above cost and gives a discount of 40%. What is his profit percent?

A. 2%

B. 5%

C. 8%

D. 10%

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

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