Allows 15% discount, still gains 19% profit. Markup % on CP: MCQ with Answer and Explanation

Allows 15% discount, still gains 19% profit. Markup % on CP:
A. 30%
B. 35%
C. 38%
D. 40%
Answer: Option D
Solution (By JKExamLibrary)
CP=100, SP=119, MP=119/0.85=140, markup 40%.

This question belongs to: Maths Percentage

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Percentage Questions

Question #1 Report Error
To pass an exam, 40% is required. A student got 150 marks and failed by 30 marks. Maximum marks are:
A. 400
B. 450
C. 550
D. 500

Correct Answer: Option B


Explanation:
Pass marks = 150 + 30 = 180. 40% of Max = 180 → Max = 180/0.4 = 450.

This question belongs to: Maths Percentage
Question #2 Report Error
A's income is 30% more than B's, B's is 20% more than C's. A's income is what percent more than C's?
A. 52%
B. 56%
C. 60%
D. 50%

Correct Answer: Option B


Explanation:
C=100, B=120, A=120×1.3=156, so A is 56% more than C.

This question belongs to: Maths Percentage
Question #3 Report Error
A shopkeeper sells an article at 10% profit. Had he bought it at 20% less and sold it for Rs. 12 less, he would have gained 25%. The cost price is:
A. Rs. 140
B. Rs. 120
C. Rs. 100
D. Rs. 150

Correct Answer: Option B


Explanation:
CP=x, SP=1.1x. New CP=0.8x, new SP=1.1x-12 = x → 0.1x=12 → x=120.

This question belongs to: Maths Percentage