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. 300
B. 280
C. 320
D. 250
Answer: Option A
Solution (By JKSSB Mock Tests)
1.12CP - 0.92CP = 0.2CP = 60 → CP = 300.

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Practice More Percentage Questions

Question #1
8% of a number is 16. What is 25% of the same number?
A. 40
B. 50
C. 55
D. 45

Correct Answer: Option B


Explanation:
Number = 16/0.08 = 200, 25% of 200 = 50.

This question belongs to: Maths Percentage
Question #2
In an election, 10% of the votes were invalid. The winning candidate got 60% of the valid votes and won by a majority of 1800 votes. What was the total number of votes?
A. 9000
B. 12000
C. 10000
D. 8000

Correct Answer: Option C


Explanation:
Valid votes V = 0.9T. Winner got 0.6V = 0.54T, loser 0.4V = 0.36T, margin 0.18T = 1800 → T = 10000.

This question belongs to: Maths Percentage
Question #3
Two successive discounts of 20% and 10% on Rs. 2000 give final price:
A. 1500
B. 1400
C. 1440
D. 1360

Correct Answer: Option C


Explanation:
2000 × 0.8 × 0.9 = 1440.

This question belongs to: Maths Percentage