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

Question

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. 460

B. Rs. 470

C. Rs. 490

D. Rs. 480

Answer: Option C

Solution (By JKSSB Mock Tests)

MP = 500×1.4=700, SP=700×0.7=490.

This question belongs to: Maths Percentage

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Question #1

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Price increased 10% then 20%. Single equivalent increase:

A. 34%

B. 28%

C. 30%

D. 32%

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Correct Answer: Option D

Explanation:
1.1 × 1.2 = 1.32, increase 32%.

This question belongs to: Maths Percentage

Question #2

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In an examination, 60% of students passed in Mathematics, 70% passed in Science, and 20% failed in both. What percentage passed in both subjects?

A. 60%

B. 50%

C. 40%

D. 70%

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Correct Answer: Option B

Explanation:
Passed in at least one subject = 100% - 20% = 80%. n(M U S) = n(M) + n(S) - n(M ∩ S). 80 = 60 + 70 - n(M ∩ S). n(M ∩ S) = 130 - 80 = 50%.

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Question #3

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The difference between 60% of a number and 40% of the same number is 100. What is 30% of that number?

A. 160

B. 120

C. 140

D. 150

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Correct Answer: Option D

Explanation:
0.6x - 0.4x = 0.2x = 100 → x = 500, 30% = 150.

This question belongs to: Maths Percentage

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