If the cost price of an article is Rs. 390 and the selling price is Rs. 468, what is the profit percentage? MCQ with Answer and Explanation

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If the cost price of an article is Rs. 390 and the selling price is Rs. 468, what is the profit percentage?

A. 25%

B. 15%

C. 20%

D. 18%

Answer: Option C

Solution (By JKSSB Mock Tests)

Profit = 78, profit% = 78/390*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A dealer marks his goods 25% above cost and gives a discount of 10%. What is his profit percent?

A. 20%

B. 10%

C. 12.5%

D. 15%

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Correct Answer: Option C

Explanation:
Let CP=100, MP=125, SP=125*0.9=112.5, profit=12.5%.

This question belongs to: Maths Profit And Loss

Question #2

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After allowing a discount of 20% on the marked price, a trader makes a profit of 12%. If the goods were sold at the marked price without discount, what would be the profit percentage?

A. 35%

B. 40%

C. 45%

D. 30%

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Correct Answer: Option B

Explanation:
Let Cost Price = 100. Selling Price = 112. Marked Price * 0.80 = 112. Marked Price = 140. Profit at Marked Price = 140 - 100 = 40. Profit percentage = 40%.

This question belongs to: Maths Profit And Loss