Sold watch at 8% loss. If sold for Rs. 104 more, gain 8%. Cost price: MCQ with Answer and Explanation

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

A. 625

B. 600

C. 650

D. 675

Answer: Option C

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Percentage

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Question #1

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In an election, 20% voters did not vote. Winner got 48% of total votes and won by 2000 votes. Total voters:

A. 15000

B. 10000

C. 12000

D. 12500

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Correct Answer: Option D

Explanation:
Let total T. Votes cast = 0.8T. Winner got 0.48T, loser 0.8T - 0.48T = 0.32T. Margin = 0.48T - 0.32T = 0.16T = 2000 → T = 12500.

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Question #2

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Convert the fraction 3/8 into a percentage.

A. 33.33%

B. 40%

C. 37.5%

D. 35%

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Correct Answer: Option C

Explanation:
(3 / 8) * 100% = 37.5%.

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Question #3

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Price of a commodity falls by 15%. To keep expenditure constant, consumption must increase by:

A. 20%

B. 15%

C. 17.64%

D. 18%

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Correct Answer: Option C

Explanation:
New price 0.85, consumption multiplier needed = 1/0.85 ≈ 1.17647, increase 17.64%.

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