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. 35%

B. 38%

C. 30%

D. 40%

Answer: Option D

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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Question #1

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If the price of sugar increases by 20%, by how much percent must consumption be reduced to keep expenditure constant?

A. 16.67%

B. 15%

C. 20%

D. 25%

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Correct Answer: Option A

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

This question belongs to: Maths Percentage

Question #2

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A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 925 in 4 years. Find the principal.

A. Rs. 600

B. Rs. 675

C. Rs. 650

D. Rs. 625

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Correct Answer: Option D

Explanation:
SI for 1 year = 925-850 = 75. For 3 years SI = 225, principal = 850-225=625.

This question belongs to: Maths Percentage

Question #3

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If the length of a rectangle is increased by 20%, by what percentage must the width be decreased to maintain the same area?

A. 30%

B. 16.67%

C. 20%

D. 25%

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Correct Answer: Option B

Explanation:
Required decrease = (20 / 120) * 100 = 16.67%.

This question belongs to: Maths Percentage

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