Value of a scooter depreciates 8% per year. Price 50,000, after 1 year value is: MCQ with Answer and Explanation

Value of a scooter depreciates 8% per year. Price 50,000, after 1 year value is:
A. 46,000
B. 47,000
C. 48,000
D. 45,000
Answer: Option A
Solution (By JKSSB Mock Tests)
Value = 50,000 × 0.92 = 46,000.

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Practice More Percentage Questions

Question #1
A man spends 50% of his income. His income rises by 50% and expenditure by 20%. Percentage increase in savings is:
A. 60%
B. 80%
C. 90%
D. 70%

Correct Answer: Option B


Explanation:
Let income = 100, exp = 50, sav = 50. New income = 150, exp = 60, sav = 90. Increase = 40 on 50 = 80%.

This question belongs to: Maths Percentage
Question #2
A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find his profit percent.
A. 60%
B. 56.25%
C. 50%
D. 62.5%

Correct Answer: Option B


Explanation:
CP of 1 article = 8/10 = 0.8, SP of 1 = 10/8 = 1.25. Profit = 0.45, % = (0.45/0.8)×100 = 56.25%.

This question belongs to: Maths Percentage
Question #3
A candidate got 52% of the total votes and was elected by a majority of 120 votes. Find the total number of votes.
A. 2000
B. 3500
C. 3000
D. 2500

Correct Answer: Option C


Explanation:
Winner = 52%, Loser = 48%. Difference = 4%. 4% of Total = 120. Total = 120 * (100 / 4) = 3000.

This question belongs to: Maths Percentage