Cost article Rs. 500, marked up 60%, then 25% discount. Selling price: MCQ with Answer and Explanation
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Practice More Percentage Questions
Question #1
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A sum of money at compound interest becomes 3 times in 6 years. How many years will it take to become 27 times?
Correct Answer: Option D
Explanation:
3^3=27. Since 3 times in 6 years, 27 times = 3 intervals = 18 years.
3^3=27. Since 3 times in 6 years, 27 times = 3 intervals = 18 years.
This question belongs to:
Maths
Percentage
Question #2
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The price of an article is increased by r% and then decreased by r%. If the net decrease is 1%, find r.
Correct Answer: Option C
Explanation:
1 - r²/10000 = 0.99 → r² = 100 → r = 10.
1 - r²/10000 = 0.99 → r² = 100 → r = 10.
This question belongs to:
Maths
Percentage
Question #3
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A shopkeeper sells an article at 15% profit. Had he bought it at 10% less and sold it for Rs. 10 more, he would have gained 30%. Find the cost price.
Correct Answer: Option B
Explanation:
CP=x, SP=1.15x. New CP=0.9x, new SP=1.15x+10 = 1.3×0.9x = 1.17x → 0.02x=10 → x=500.
CP=x, SP=1.15x. New CP=0.9x, new SP=1.15x+10 = 1.3×0.9x = 1.17x → 0.02x=10 → x=500.
This question belongs to:
Maths
Percentage
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