A shopkeeper allows a discount of 25% on the marked price and still gains 20%. If the cost price is Rs. 600, find the marked price. MCQ with Answer and Explanation

Question

A shopkeeper allows a discount of 25% on the marked price and still gains 20%. If the cost price is Rs. 600, find the marked price.

A. Rs. 1000

B. Rs. 960

C. Rs. 800

D. Rs. 900

Answer: Option B

Solution (By JKExamLibrary)

SP = 600×1.2=720. MP = 720/0.75 = 960.

This question belongs to: Maths Percentage

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Question #1

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Price of rice reduced by 20%, allowing a person to buy 5 kg more for Rs. 120. Reduced price per kg is:

A. Rs. 5.4

B. Rs. 3.6

C. Rs. 4

D. Rs. 4.8

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Correct Answer: Option D

Explanation:
Original x, xy=120. New 0.8x(y+5)=120 → 96+4x=120 → x=6, reduced price = 4.8.

This question belongs to: Maths Percentage

Question #2

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The price of a car depreciates at a rate of 15% per year. If its present value is Rs. 2,16,750, what was its value 2 years ago?

A. Rs. 3,50,000

B. Rs. 3,20,000

C. Rs. 3,00,000

D. Rs. 2,80,000

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Correct Answer: Option C

Explanation:
Value 2 yrs ago = 216750 / (0.85×0.85) = 216750/0.7225 = 300000.

This question belongs to: Maths Percentage

Question #3

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A candidate got 60% votes and won by 200 votes. Total votes polled:

A. 1000

B. 800

C. 1500

D. 1200

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Correct Answer: Option A

Explanation:
Margin = 20% of total = 200 → total = 1000.

This question belongs to: Maths Percentage

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