Allows 15% discount, still gains 19% profit. Markup % on CP: MCQ with Answer and Explanation

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Allows 15% discount, still gains 19% profit. Markup % on CP:

A. 38%

B. 30%

C. 40%

D. 35%

Answer: Option C

Solution (By JKSSB Mock Tests)

CP=100, SP=119, MP=119/0.85=140, markup 40%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1

If 25% of A = 35% of B = 70, then A + B = ?

A. 380

B. 480

C. 460

D. 420

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Correct Answer: Option B

Explanation:
A = 70/0.25 = 280, B = 70/0.35 = 200, sum = 480.

This question belongs to: Maths Percentage

Question #2

Spends 30% on food, 20% rent, 15% clothing, saves Rs. 5250. Income:

A. 15000

B. 14000

C. 12000

D. 16000

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Correct Answer: Option A

Explanation:
Spends 65%, saves 35% = 5250, income = 5250/0.35 = 15000.

This question belongs to: Maths Percentage

Question #3

20% of 500 is:

A. 90

B. 80

C. 100

D. 110

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Correct Answer: Option C

Explanation:
0.2 × 500 = 100.

This question belongs to: Maths Percentage

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