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

Question

Share Report Error

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

A. 12.5%

B. 20%

C. 15%

D. 10%

Answer: Option A

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

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

The marked price is 40% above the cost price. A discount of 20% is given, resulting in a profit of Rs. 48. Find the cost price.

A. Rs. 350

B. Rs. 300

C. Rs. 450

D. Rs. 400

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Let Cost Price = 100x. Marked Price = 140x. Selling Price = 140x * 0.80 = 112x. Profit = 12x. 12x = 48. x = 4. Cost Price = 100 * 4 = 400.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A reduction of 20% in the price of sugar enables a purchaser to obtain 4 kg more for Rs. 160. What is the original price per kg?

A. Rs. 10

B. Rs. 8

C. Rs. 12

D. Rs. 15

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
20% of 160 = 32. This Rs. 32 buys 4 kg sugar. Reduced price = 32 / 4 = Rs. 8/kg. Let original price be x. 0.8x = 8. x = Rs. 10/kg.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the selling price of an article is doubled, the profit becomes three times. Find the original profit percent.

A. 50%

B. 100%

C. 66.67%

D. 75%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs