A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage. MCQ with Answer and Explanation

A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage.

A. 10%

B. 15%

C. 17.5%

D. 12.5%

Answer: Option D

Let CP = 100. Marked Price = 125. Discount = 10% of 125 = 12.5. SP = 125 - 12.5 = 112.5. Profit % = 12.5%.

This question belongs to: Maths Profit And Loss

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Question #1 Report Error

If the cost price of 8 articles is equal to the selling price of 6 articles, find the gain percent.

A. 33.33%

B. 25%

C. 30%

D. 20%

Correct Answer: Option A

Explanation:
Let CP of 1 = 1. CP of 8 = 8, SP of 6 = 8 => SP of 1 = 8/6 = 1.333. Gain = 33.33%.

This question belongs to: Maths Profit And Loss

Question #2 Report Error

A shopkeeper sells a book for Rs. 315, gaining 5%. Find the cost price.

A. Rs. 290

B. Rs. 310

C. Rs. 320

D. Rs. 300

Correct Answer: Option D

Explanation:
CP = 315 / 1.05 = 300.

This question belongs to: Maths Profit And Loss

Question #3 Report Error

If the selling price of an article is Rs. 165 and the profit is 10%, find the cost price.

A. Rs. 160

B. Rs. 155

C. Rs. 140

D. Rs. 150

Correct Answer: Option D

Explanation:
CP = 165 / 1.10 = 150.

This question belongs to: Maths Profit And Loss