Find the single discount equivalent to two successive discounts of 20% and 30%. MCQ with Answer and Explanation

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Find the single discount equivalent to two successive discounts of 20% and 30%.

A. 56%

B. 44%

C. 50%

D. 46%

Answer: Option B

Solution (By JKSSB Mock Tests)

Equivalent discount = 20 + 30 - (20 * 30 / 100) = 50 - 6 = 44%.

This question belongs to: Maths Profit And Loss

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Practice More Profit And Loss Questions

Question #1

The selling price of an article is 4/3 of its cost price. What is the profit percentage?

A. 33.33%

B. 66.67%

C. 50%

D. 25%

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Correct Answer: Option A

Explanation:
SP = (4/3) * CP. Ratio of SP to CP is 4:3. Profit = SP - CP = 4 - 3 = 1 part. Profit percentage = (1 / 3) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

Question #2

A person sells an item for Rs. 540, gaining 12.5%. Find the cost price.

A. Rs. 480

B. Rs. 460

C. Rs. 500

D. Rs. 520

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Correct Answer: Option A

Explanation:
CP = 540 / 1.125 = 480.

This question belongs to: Maths Profit And Loss

Question #3

A trader marked his goods at 20% above the cost price and sold them. In weighing, he gave 900g for 1kg. What is his total gain percentage?

A. 33.33%

B. 40%

C. 25%

D. 30%

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Correct Answer: Option A

Explanation:
Cost Price of 900g = 900. Selling Price charged for 1000g + 20% markup = 1200. Profit = 1200 - 900 = 300. Profit percentage = (300 / 900) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

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