A man buys an article for Rs. 80 and marks it at Rs. 120. He gives a discount of 10% on the marked price. What is his profit percent? MCQ with Answer and Explanation

A man buys an article for Rs. 80 and marks it at Rs. 120. He gives a discount of 10% on the marked price. What is his profit percent?
A. 33%
B. 32%
C. 30%
D. 35%
Answer: Option D
Solution (By JKExamLibrary)
SP = 120×0.9=108. Profit = 28, % = (28/80)×100 = 35%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1 Report Error
The value of a property depreciates at 10% per year. If its value after 2 years is Rs. 1,62,000, what was its original value?
A. Rs. 1,80,000
B. Rs. 2,10,000
C. Rs. 1,90,000
D. Rs. 2,00,000

Correct Answer: Option D


Explanation:
Original × 0.9 × 0.9 = 162000 → Original = 162000/0.81 = 200000.

This question belongs to: Maths Percentage
Question #2 Report Error
In a mixture of 120 litres, the ratio of milk and water is 2:1. How much water is added to change the ratio to 1:2?
A. 110 L
B. 100 L
C. 130 L
D. 120 L

Correct Answer: Option D


Explanation:
Milk=80, water=40. For 1:2, water=160, add 120 L.

This question belongs to: Maths Percentage
Question #3 Report Error
28% of 500 is:
A. 130
B. 140
C. 120
D. 150

Correct Answer: Option B


Explanation:
0.28 × 500 = 140.

This question belongs to: Maths Percentage