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. 900

B. Rs. 950

C. Rs. 1000

D. Rs. 1050

Answer: Option C

Solution (By JKSSB Mock Tests)

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

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 person buys a pair of shoes for Rs. 600 and sells them for Rs. 720. What is the gain percent?

A. 25%

B. 30%

C. 20%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Gain = 120, gain% = 120/600*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A dishonest dealer cheats by 10% while buying and 10% while selling using false weights. He marks up his goods by 20% and gives a discount of 10%. Find his true overall profit percentage.

A. 32%

B. 28%

C. 33.1%

D. 30.68%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Multiplier factor = (110 / 100) * (100 / 90) * (120 / 100) * (90 / 100). Value = 1.1 * 1.1111 * 1.2 * 0.9 = 1.32. Profit percentage = 32%.

This question belongs to: Maths Profit And Loss