A trader marks his goods 50% above cost and gives a discount of 25%. What is his profit percent? MCQ with Answer and Explanation

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A trader marks his goods 50% above cost and gives a discount of 25%. What is his profit percent?

A. 20%

B. 15%

C. 12.5%

D. 10%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP = 100, MP = 150, SP = 150*0.75 = 112.5, profit = 12.5%.

This question belongs to: Maths Profit And Loss

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Question #1

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A man buys an article for Rs. 200 and sells it for Rs. 240. What is the gain percent?

A. 25%

B. 15%

C. 20%

D. 18%

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Correct Answer: Option C

Explanation:
Gain = 40, gain% = (40/200)*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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If the cost price of 12 articles is equal to the selling price of 15 articles, find the loss percent.

A. 10%

B. 25%

C. 15%

D. 20%

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Correct Answer: Option D

Explanation:
Let CP of 1 = 1, CP of 12 = 12, SP of 15 = 12 => SP of 1 = 12/15 = 0.8, loss = 20%.

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Question #3

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If the cost price of an article is Rs. 390 and the selling price is Rs. 468, what is the profit percentage?

A. 15%

B. 18%

C. 25%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = 78, profit% = 78/390*100 = 20%.

This question belongs to: Maths Profit And Loss

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