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

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

A. 250

B. 320

C. 280

D. 300

Answer: Option D

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Percentage

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Question #1

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A number is increased by 10% and then the new number is decreased by 10%. If the final result is 99, find the original number.

A. 90

B. 105

C. 100

D. 95

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Correct Answer: Option C

Explanation:
1.1 × 0.9 = 0.99, 0.99x = 99 → x = 100.

This question belongs to: Maths Percentage

Question #2

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A's income is 25% more than B's, B's is 20% more than C's. A's income is what percent more than C's?

A. 40%

B. 55%

C. 50%

D. 45%

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Correct Answer: Option C

Explanation:
C=100, B=120, A=150, so A is 50% more than C.

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Question #3

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A sum of money at compound interest becomes 3 times in 6 years. How many years will it take to become 27 times?

A. 12 years

B. 18 years

C. 24 years

D. 15 years

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Correct Answer: Option B

Explanation:
3^3=27. Since 3 times in 6 years, 27 times = 3 intervals = 18 years.

This question belongs to: Maths Percentage

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