Cost price Rs. 600, marked up 50%, then discount 20%. Profit percent: MCQ with Answer and Explanation

Cost price Rs. 600, marked up 50%, then discount 20%. Profit percent:
A. 25%
B. 18%
C. 15%
D. 20%
Answer: Option D
Solution (By JKSSB Mock Tests)
MP = 600×1.5 = 900, SP = 900×0.8 = 720, profit = 120, profit% = (120/600)×100 = 20%.

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Practice More Percentage Questions

Question #1
Salary increased by 15% then decreased by 15%. Net effect:
A. 1.5% decrease
B. 2.25% increase
C. 2.25% decrease
D. No change

Correct Answer: Option C


Explanation:
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Question #2
Price of an article is cut by 25%. By what % must consumption increase so that expenditure remains same?
A. 30%
B. 20%
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D. 25%

Correct Answer: Option C


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Correct Answer: Option D


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