Marked 20% above CP, discount 10%. Profit %: MCQ with Answer and Explanation

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Marked 20% above CP, discount 10%. Profit %:

A. 12%

B. 6%

C. 10%

D. 8%

Answer: Option D

Solution (By JKSSB Mock Tests)

CP=100, MP=120, SP=108, profit 8%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1

If 20% of a number is 60, the number is:

A. 240

B. 360

C. 300

D. 400

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Correct Answer: Option C

Explanation:
0.2x = 60 → x = 300.

This question belongs to: Maths Percentage

Question #2

Sold watch at 8% loss. If sold for Rs. 104 more, gain 8%. Cost price:

A. 625

B. 675

C. 600

D. 650

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Correct Answer: Option D

Explanation:
CP=x, SP=0.92x. 0.92x+104=1.08x → 0.16x=104 → x=650.

This question belongs to: Maths Percentage

Question #3

A man sells two articles for Rs. 120 each. On one he gains 20%, and on the other he loses 20%. Find his overall profit or loss percent.

A. 2% loss

B. 4% loss

C. No profit no loss

D. 1% loss

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Correct Answer: Option B

Explanation:
CP1 = 120/1.2=100, CP2=120/0.8=150. Total CP=250, SP=240. Loss=10, %=(10/250)×100=4% loss.

This question belongs to: Maths Percentage

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