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

Difference between SP at 12% profit and 8% loss is Rs. 60. CP:
A. 320
B. 300
C. 280
D. 250
Answer: Option B
Solution (By JKSSB Mock Tests)
1.12CP - 0.92CP = 0.2CP = 60 → CP = 300.

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Practice More Percentage Questions

Question #1
In a school, 60% are boys and 40% are girls. 20% of boys and 25% of girls get scholarship. What percent of students do not get scholarship?
A. 80%
B. 74%
C. 78%
D. 76%

Correct Answer: Option C


Explanation:
Scholarship boys = 0.6×0.2 = 12% of total, girls = 0.4×0.25 = 10% of total. Total scholarship = 22%, without = 78%.

This question belongs to: Maths Percentage
Question #2
The present ages of A and B are in the ratio 6:7. After 8 years, the ratio of their ages will be 8:9. Find the sum of their present ages.
A. 56 years
B. 48 years
C. 52 years
D. 60 years

Correct Answer: Option C


Explanation:
Ages 6x,7x. (6x+8)/(7x+8)=8/9 → 54x+72=56x+64 → 2x=8 → x=4. Sum=6x+7x=13x=52.

This question belongs to: Maths Percentage
Question #3
60% of a number is 30 less than 75% of the same number. The number is:
A. 180
B. 200
C. 150
D. 240

Correct Answer: Option B


Explanation:
0.75x - 0.6x = 30 → 0.15x = 30 → x = 200.

This question belongs to: Maths Percentage