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. 10%

B. 12%

C. 6%

D. 8%

Answer: Option D

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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Practice More Percentage Questions

Question #1

Difference between SP at 12% profit and 8% loss is Rs. 60. CP:

A. 280

B. 300

C. 250

D. 320

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Correct Answer: Option B

Explanation:
1.12CP - 0.92CP = 0.2CP = 60 → CP = 300.

This question belongs to: Maths Percentage

Question #2

A man gave 35% of money to wife, 40% of remainder to son, rest to daughter. Daughter got Rs. 3900. Total money:

A. 9000

B. 10000

C. 12000

D. 8000

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Correct Answer: Option B

Explanation:
Wife 35%, left 65%, son 40% of 65% = 26%, left 39% = 3900 → total = 10000.

This question belongs to: Maths Percentage

Question #3

Kerosene price up 20%. To keep expenditure same, reduce consumption by:

A. 20%

B. 16.67%

C. 15%

D. 18%

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Correct Answer: Option B

Explanation:
Reduction = (20/120)×100 = 16.67%.

This question belongs to: Maths Percentage

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