The marked price of an article is Rs. 5000. A shopkeeper gives two successive discounts of x% and 20%. If the customer pays Rs. 3400, find the value of x. MCQ with Answer and Explanation

The marked price of an article is Rs. 5000. A shopkeeper gives two successive discounts of x% and 20%. If the customer pays Rs. 3400, find the value of x.
A. 15
B. 10
C. 12
D. 18
Answer: Option A
Solution (By JKSSB Mock Tests)
Price after 20% discount = 5000 * 0.80 = 4000. Further discount given = 4000 - 3400 = 600. Discount percentage x = (600 / 4000) * 100 = 15%.

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Practice More Profit And Loss Questions

Question #1
If the cost price of an article is Rs. 200 and the selling price is Rs. 250, what is the profit percentage?
A. 30%
B. 20%
C. 15%
D. 25%

Correct Answer: Option D


Explanation:
Profit = 50, profit% = 50/200*100 = 25%.

This question belongs to: Maths Profit And Loss
Question #2
If the cost price of an article is Rs. 320 and the selling price is Rs. 400, what is the profit percentage?
A. 30%
B. 20%
C. 15%
D. 25%

Correct Answer: Option D


Explanation:
Profit = 80, profit% = 80/320*100 = 25%.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper purchases an item for Rs. 450 and sells it for Rs. 405. What is the loss percentage?
A. 15%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
Loss = 45, loss% = 45/450*100=10%.

This question belongs to: Maths Profit And Loss