A trader marks his goods 80% above cost price and gives a discount of 40%. Find his gain percent. MCQ with Answer and Explanation

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A trader marks his goods 80% above cost price and gives a discount of 40%. Find his gain percent.

A. 8%

B. 12%

C. 10%

D. 6%

Answer: Option A

Solution (By JKSSB Mock Tests)

CP=100, MP=180, SP=180×0.6=108, gain 8%.

This question belongs to: Maths Percentage

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Question #1

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The population of a town increases by 10% in the first year and decreases by 10% in the second year. If the present population is 19800, what was it 2 years ago?

A. 19000

B. 18000

C. 21000

D. 20000

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Correct Answer: Option D

Explanation:
Present = original × 1.1 × 0.9 = 0.99 original. So original = 19800/0.99 = 20000.

This question belongs to: Maths Percentage

Question #2

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In an election, 20% of the votes were declared invalid. The winner got 70% of the valid votes and won by 1600 votes. Find the total number of votes polled.

A. 5000

B. 8000

C. 4000

D. 6000

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Correct Answer: Option A

Explanation:
Winner got 70%, Loser 30% of valid votes. Difference = 40% of valid votes = 1600. Valid votes = 4000. Valid votes = 80% of total. Total = 4000 / 0.8 = 5000.

This question belongs to: Maths Percentage