A trader gives a discount of 10% on an article and still gains 20%. If the cost price is Rs. 600, find the marked price. MCQ with Answer and Explanation

Question

A trader gives a discount of 10% on an article and still gains 20%. If the cost price is Rs. 600, find the marked price.

A. Rs. 750

B. Rs. 900

C. Rs. 850

D. Rs. 800

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 600*1.2 = 720. MP = 720 / 0.9 = 800.

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 shopkeeper marks his goods 30% above cost and gives a discount of 25%. What is his profit or loss percent?

A. Loss 5%

B. Profit 2.5%

C. No profit no loss

D. Loss 2.5%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Let CP = 100, MP = 130, SP = 130*0.75 = 97.5, loss = 2.5%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A person buys 3 pens for Rs. 15 and sells 2 pens for Rs. 12. What is the profit percentage?

A. 20%

B. 30%

C. 25%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
CP per pen = 15/3 = 5. SP per pen = 12/2 = 6. Profit = 1, profit% = 1/5*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A shopkeeper sells a book for Rs. 360, losing 10%. What is the cost price?

A. Rs. 390

B. Rs. 420

C. Rs. 380

D. Rs. 400

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 360 / 0.9 = 400.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs