The cost of an article is Rs. 500. It is marked up by 40% and then a discount of 30% is given. What is the selling price? MCQ with Answer and Explanation

The cost of an article is Rs. 500. It is marked up by 40% and then a discount of 30% is given. What is the selling price?
A. Rs. 470
B. Rs. 480
C. Rs. 460
D. Rs. 490
Answer: Option D
Solution (By JKSSB Mock Tests)
MP = 500×1.4=700, SP=700×0.7=490.

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Practice More Percentage Questions

Question #1
To pass an exam, 40% is required. A student got 150 marks and failed by 30 marks. Maximum marks are:
A. 400
B. 450
C. 500
D. 550

Correct Answer: Option B


Explanation:
Pass marks = 150 + 30 = 180. 40% of Max = 180 → Max = 180/0.4 = 450.

This question belongs to: Maths Percentage
Question #2
A boy scored 85% marks out of 400. How many marks did he get?
A. 350
B. 330
C. 340
D. 320

Correct Answer: Option C


Explanation:
85% of 400 = 340.

This question belongs to: Maths Percentage
Question #3
Numerator of a fraction increased by 20%, denominator decreased by 10%, fraction becomes 2/3. Original fraction:
A. 3/5
B. 2/5
C. 1/2
D. 1/3

Correct Answer: Option C


Explanation:
(1.2a)/(0.9b) = 2/3 → (4/3)(a/b)=2/3 → a/b = 1/2.

This question belongs to: Maths Percentage